Description
H.U.D. Home. Available 1.19.20. Bid deadline 1.28.21, and then Daily by 11:59 PM Central Time until sold. Year Built: 1925, Lot Size: 4,370 sq. ft. 3 Bedrooms, 1 Baths. Interior Square Feet: 1,874, as per appraiser. LBP. (IE) Insured w/ Escrow Repairs. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "As-Is" by elec. bid. ****** Who's ready to hit a home run? Sitting in the baseball shadows of the Central High School greens, this remarkable property awaits your presence. Single-detached structure with cemented walkways, and rear yard, make this HUD home especially appealing for the savvy purchaser. Hardwood floors reminisce of days gone past but are now ready for new life once again. Three bedrooms adorn the second-floor landing, where you'll find sunbeams entering from almost every direction. Huge rooms for the fussiest inhabitants will bring joy for many years to come. The walk-up attic is yet again spacious and useful as it abuts an unfinished additional storage area. This deal will come and go quickly, so make plans to visit soon. ***** All showings are subject to the state???s COVID-19 orders, recommendations, guidance, MLS board guidelines, and all CDC and local health mandates and/or guidance regarding listing showings, Buyer is responsible for determining the property???s water source and sanitary system or sanitary sewer public provider, Property is NOT located in a FEMA SpecialFlood Hazard Area but is listed as a moderate to low flood risk or may be located in close proximity to a Special Flood Hazard Area. It is the buyer's responsibility to verify additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity. ***** Repairs: Plumbing and drain system repair per PCR, Roof damage per PCR, Peeling interior paint surfaces, Install CO and smoke detectors, Replace several missing bathroom floor tiles. Repair kitchen flooring. ***** For all bids accepted on or after October 1, 2016, the following incentives are available on properties within the Philadelphia HOC region (3P states): Buyers: $100 Down Payment on HUD Homes financed with FHA-insured financing. Selling Agents get $500 for every HUD Home purchased with an FHA Rehab 203(k) loan. HUD homes being purchased with FHA financing may currently be available for HUDs $100.00 Down Payment program. To be able to take advantage of this great program, purchasers must be Owner Occupants and use FHA financing to purchase HUD eligible $100 down properties. $100.00 Down Payment is a Limited time opportunity, and buyers must choose their own lenders. (Normal Down Payments for FHA home loan is 3.5%). The main reason HUD offers the $100 Down Payment program is to sell HUD homes fast and to also to get owner-occupants into these homes. See attached addendum & Disclosures. For additional information contact the agent of your choice.