There are many advantages to buying a HUD home including-
*Priority given to owner occupants. Investors may still buy but waiting period may apply
*Most homes already have FHA appraisals completed so you don't have to spend another $400 on appraisal*only insurable homes or insurable with escrow homes
*Homes typically priced below appraised amount (Instant Equity! Sometimes 10-30k under appraisal)
*Equal Housing Opportunity
*HUD will pay up to 3% of buyer's closing costs
*Sold As-Is and HUD does zero repairs. Any repairs under $5k can be rolled into loan with escrow hold back.
*Most HUD Homes will qualify for FHA 203b and some with FHA 203k loans.
"Adorable Updated Bungalo with large Open Loft like master bedroom. 24 x 26 two story garage/shop, 220 electric and 1/2 bath. www.hudhomestore.com case#431-432843"
"White Picket Fence on corner lot~ One level with serveral built-ins which adds character. Formal dining, wood floors and a bonus room between the kitchen & attached garage. Needs repairs & updates. HUD Owned. Sold As-Is"
"Darling Cottage! Perfect first home! A real charmer! You'll be welcomed by a warm Living Room with the gleam of laminated floors, and a kitchen with personality. Cheery home is located on a corner lot. Driveway next to house for convenient parking. Large fenced backyard with a covered deck plus a shop. HUD Home."
"Attractive 3 BD 1.1 BA home. Blonde cabinetry and wallpaper valance give kitchen a warm feeling. Covered Deck off kitchen to Large fenced back yard. Large driveway would accommodate RV parking. Great potential for FHA 203K financing. Large rooms, laminate flooring.HUD Home."
"Large lot with a functional floor plan. All rooms at one end of home. Bonus/Hobbie/Office space. Some updates are completed but many repairs are needed. Deck off dining room. Play structure & storage shed. HUD Owned. Sold As-Is."
"New in 2007, Golden West manufactured home on it's own lot! Move-in ready, open floor plan, vaulted ceilings thru-out, maple cabinetry, built-in hutch in dining area , includes all appliances, Energy star vinyl dual pane Low-E windows, HUD approved insulation package."
"BANK SAYS THEY ARE FIRM AT THIS PRICE. BPO CAME IN AT 128K. IF CLOSING COST ARE NEEDED PLEASE ADD THEM INTO THE PRICE. No more than 3% closing costs. Accept offer will make this one go PENDING!Tile counters, Knotty Alder Cab, Open Floor Plans, Garage, Fully fenced backyard. HOA Covers Front Landscape Maint, Double Wall Construction.CASH OR Conventional HUD list Approval expired"
* PENDING SALE
* LISTED OVER 120 DAYS
* SHORT SALE
"Just a few blocks from downtown Canby. Newer 3BD 2.1 BA Townhouse in very well-kept neighborhood. Great floor plan! Great Price! HOA fee:$55 monthly. Front Yard Landscape,Irrigation,& Maintenance. Yorkfield Homeowners Assoc. HUD Home."
"Min. 24 hour notice. Do Not Disturb Tenant. 3 lots also available, ML #11169071, 11606303, 11174374 see flyer. Being sold As Is. Wood floors, 2 bathrooms. Zoning is EX, Central Employment with allowed uses household,office,retail sales, vehicle repair. In Gateway Urban Renewal District. Qualified Grants available from PDC, HUD, and City of Portland (property tax abatement)."
"Surprise Package! Darling Cottage! Great starter home! Living Room handsomely updated with built-in window seat, mantled fireplace and bookcase. Updated with laminated floors. Neat Kitchen and Slider off dining room to deck and shady back yard. HUD Home."
"Next to new HUD home in coveted Columbia View. Built in 2006, this home features 3 bedrooms/ 2 baths in 2349 sqft. Beautiful floor plan and upgrades galore! This well priced home in upscale neighborhood is nearly move in ready and waiting for you to call home! Schedule your showing today! FHA 561-867109"
"Attractive 4 BD 2.1 BA in Beaverton - Nice Features! Gleam of wooden floors. Double Sinks in Master bath. Dining Room w/convenient pass through to kitchen & French doors to backyard deck. Desk in Kitchen. Alcove and handsomely mantled fireplace in Family Room. HUD Home."
"Almost 3000sqft - 4 bdrms w/loft bonus space. Gourmet Kitchen with rich maple cabinets & granite counters. Minor cosmetic repairs needed. Located at the end of a desirable cul-de-sac. Only 4 doors from Pool & Rec Hall. HUD OWNED. Sold As-Is"
"Quiet corner lot, Beautiful open views from back deck in backyard. Great kitchen w/ maple cabinets, pantry, eating area, granite countertops & island. Spacious master retreat w/ vaulted ceiling, nursery/office & dual walk-in closet. This is a must see! www.HUDPemco.com Case #431-452184 for more information"
