DO NOT miss out on this amazing value in the exclusive FOX CHASE section of Northeast Philadelphia. This amazing home's last recorded mortgage on October, 5th, 2012 was $234,418. Look at today's asking price of only $120,000. New HUD owned property, which is being sold 100% "AS IS", is just minutes from shopping, restaurants, public transportation and other conveniences. Will be available to OWNER OCCUPANTS for the first 15 days beginning, Tuesday, August 4, 2015, until to August 18th, 2015 at midnight. All bids are consider simultaneous, meaning bids for the first 10 days are reviewed on day 11. Investors are invited to place an offer on day 16 which is August 19th, 2015 if not sold to an owner occupant during the first 15 days. Bids opened the next business day. ALL BIDS WILL BE REVIEWED & CONSIDERED. This property is classified as IE-insured with a TBD ESCROW TO BE DETERMINED BY THE LENDER APPRAISAL , meaning FHA 203B financing is available to qualified buyers. FHA 203K re-hab financing is available to qualified buyers. Also special interest free loan up to $6,000 from state plus an additional possible 3% seller assist to all qualified buyers. Possible $5,000 FREE GRANT to qualified first time buyers. Naturally CASH and CONVENTIONAL financing are always welcomed. HUD does NOT participate in any grant programs. HUD DOES NOT pay any transfer taxes or city certificate of occupancy. This is at the buyer's expense. See attached PCR- (property condition report) inspection report. "EQUAL HOUSING OPPORTUNITY". Choose your lender carefully, if using one, as some utilities may NOT be activated for any inspections and/or appraisal. Great opportunity for that FIRST TIME buyer to OWN a, HUD OWNED home at a super price. Remember, high NET bid wins all others lose. "EQUAL HOUSING OPPORTUNITY. You will be able to place your bid on Sunday. Be prepared to place a bid. Get your financing in order. Choose your lender carefully and well as the buyers choice title company. This is a twin RANCHER in a hard to find prime real estate area. Just an amazing value.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
