This week we have six HOT HUD home sale properties that have not been on the list before! What makes these properties so special? Due to the extended length of time on the market-HUD will look at ALL offers submitted, which gives you the buyer a great opportunity to catch a deal on already reduced market value properties.
The first home located in the Northern California town of Placerville is a spacious three bedroom, three bathroom home with 2,129 square feet built in 1939. The home is situated on 2.44 acres. There is a small repair escrow of $275.00 and don't forget-HUD will credit buyers up to 3% towards closing costs! The appraisal value on this home was $260,000 and is now being offered for sale at $208,000. Case #043-797866
Moving down the state to Kings county, our next home is a ranch style four bedroom, one and three quarter bathroom home with 1,890 square feet constructed in 1966. It features hard wood floors, a fireplace insert and an in-ground pool. Additionally, the home meets all minimum property standards for an FHA loan upon original list date. The appraisal value for this home was $121,500 and is currently being offered for sale at $97,200. Case #045-667225
Our next two properties are located in the Ventura county town of Oxnard. This single level condo features two bedrooms and one bathroom within 1,034 square feet with garage for parking. The monthly HOA fees are $360.00 and there is a small repair escrow of $220.00-this property is ready to go with both standard FHA financing or FHA's 203K loan program. Appraisal value for this home was $187,000 and is currently being offered for sale at $149,600. Case #197-378389
Featuring two bedrooms and one bathroom within 1,034 this cute condo, also in Oxnard, is available with an asking price of $137,600 and an appraised value of $172,000. The HOA fee's on this unit run $360 a month and also features garage parking as well as a private patio. Case#197-393404
Moving east to Anza located in Riverside county is this newer manufactured home situated on 3.01 acres. Featuring an open floor plan with four bedrooms and two bathrooms within 1,716 square feet. The kitchen is equipped with stove, fridge and center island with plenty of cabinet space. Appraised value was $105,000, but is now offered for sale at $84,000. Case #048-437594
Constructed in 2008, our final property is located in Imperial. With 1,169 square feet, this home features three bedrooms, two bathrooms, cherry wood cabinets and granite counter tops in the kitchen. There is a repair escrow if utilizing FHA financing of $3,355, which can be financed into the cost of your loan. The home also qualifies for FHA's 203K loan program. The original appraisal value on this property was $190,000, but is currently being offered for sale at $152,000. Case #048-437594
If you would like further information on these properties or any HUD home-call the experts at Waller Real Estate-855-791-HOME