California HUD Home Sale-three more added to "all offers considered" 10/28/2011

This just in! Three more California HUD homes have been added this week under the category of "all offers considered". When a property has been on the market greater than 90 days-HUD wants it sold and will look at anything and HUD will still offer 3% towards a buyer's closing costs. All three of these properties are first timer's on the list, so if you've been keeping an eye out for them, here is your opportunity for a great deal.

The first home is located in Pacific Grove, Monterey county, California. This old world charmer built in 1910 features one bedroom and one bathroom within 574 square feet and is situated on an easily maintained .04 acre lot. The home had an initial list appraisal value of $320,000 and is now being offered for sale with an asking price of $224,000-30% below the appraised value and remember this is the "asking price". Case # 042-792138

Moving to the central valley county of Tulare, our next home is located in Visalia, California. Perfect for the first time buyer or investor. Built in 1992, this home features three bedrooms, two bathrooms and an attached two car garage. Laminate flooring accents the master bedroom. With an original appraisal value of $$65,000, this home is priced to move at $52,000. There is a small repair escrow if owner occupant buyers (those using the home as a primary residence) use FHA financing of $1,540 which can be financed into your new loan. Case #045-340170

The final Hud home this week is located in the mountain community of Crestline, located in the mountains of San Bernardino county. Perfect for the weekend get away, this little cabin style home features two bedrooms and one bathroom within 1,120 square feet. Built in 1968, features include a cozy fireplace located in the living room which is highlighted with wood ceilings and a slider opening to a private deck. There is a repair escrow, if using standard FHA financing, of $2,338. The listing appraisal value was $79,000 and is now offered for sale at $63,200. Case #048-458100

For further information contact Waller Real Estate and ask about the HUD Home Advantage!