This great home in Elmwood Park last sold in May of 2006 for $97.000. Look at today's HUD OWNED price of $39,000. No Kidding!!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 5 days beginning, JULY 20, 2015 until to July 24th, 2015 at midnight. All bids are consider simultaneous, meaning bids for the first 5 days are reviewed day on 6. Investors are invited to place an offer on day 7 which is July 25,2015 if not sold to an owner occupant during the first 5 days. Bids opened the next business day. ALL BIDS WILL BE REVIEWED & CONSIDERED. This property is classified as UI-un-insured meaning NO FHA 203B financing is available. 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 is always welcomed. HUD does NOT participate in any grant program. HUD DOES NOT pay any transfer taxes or city certificate of occupancy. This is at the buyer's expense. The plumbing is compromised and the water CANNOT be turned on under any circumstances for any home inspection. See attached PCR- (property condition report) inspection report. "EQUAL HOUSING OPPORTUNITY". Choose your lender, if using one, very carefully as some utilities can NOT be activated for any inspections and/or appraisal. Great opportunity for that FIRST TIME buyer to get a semi-fixer upper at a super price. Remember, high NET bid wins all others lose.
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.
