This property is a complete fixer-upper, offering a blank canvas. Damaged in a storm, it requires extensive work and is ready for a full renovation from the ground up. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.
