This home is for somebody who thought that homeownership would not be affordable for them! Through HUD's Neighborhood Stabilization Program this home was purchased as a rough-shape foreclosure, will endure an expensive complete renovation, and will be sold to somebody who makes BELOW 50% of the area median income (agents see MLS attachment). If buyer meets that criteria and, for example, can only be approved for $90,000 - seller may accept their offer and grant a larger soft second mortgage!
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
