1032 Parsons St, Norman, OK 73069

BRICK,CAMPUS HOME--READY FOR TOTAL REMODEL. AWESOME LOCATION, ABOUT 3 BLOCKS DIRECTLY WEST OF OU CAMPUS. This brick 3 bed, 1.5 bath home is on a concrete foundation and appears to be in good structural condition. The home needs to be gutted and remodeled completely, due to extensive mold in the home. Roof appears it leaked for years without air de-humidification inside the home. Listing broker believes home will need to be gutted to the studs and treated for mold prior to a remodel being completed. End of the street location in a treed area near a Norman drainage flume, so it is located in a 100 year flood plain. Home foundation is built-up significantly higher than the drainage area and appears it has never been flooded by storm run-off or drainage. The root of the mold issues appear to exist because of a leaking roof. A HOLD HARMLESS AGREEMENT must be completed and signed by all parties who wish to enter the home and must be submitted to the office of the listing broker a minimum of 3 business hours in advance of any requested showing. IT IS HIGHLY RECOMMENDED THAT ALL PERSONS ENTERING THE HOME WEAR A MASK OVER THEIR FACE. FHA and VA financing are not be available for this home. CASH or CONSTRUCTION LOAN FINANCING is recommended. Offers for the home that include any inspection contingency will be rejected. Any desired inspections should be completed prior to the submission of any offer. Seller is deceased and the home is being sold by the administrator of the seller's estate. The administrator has never occupied this home and has no knowledge about the actual condition, other than what can be seen visually. Utilities are on at the property for inspections during the marketing period. OFFER DEADLINE IS 10am on AUGUST 18 AND NO OFFERS WILL BE CONSIDERED UNTIL THAT TIME, PER THE ADMINISTRATOR and purchasers should provide proof of funds to close or a letter of available financing that is not contingent upon the home's condition.