Status: Closed
MLS#: NJBL351910
Type: Residential - Condo
Other HOA/Condo Fee: $353 Monthly
Subdivision: Watergate
County: BURLINGTON
Now available 8/27/2019.Property available to owner only. Bids DUE DAILY at 11:59 PM CTime until sold. Get your highest & best bid in. NO INVESTORS ARE PERMITTED TO BID. CONDO RULES . HUD case #351-632358 is on the market for all owner occupant buyers only. NO INVESTORS MAY PURCHASE PER CONDO ASSOCIATION RULES.. Without a doubt,one of most amazing,values we've ever offered in Maple Shade Township, NJ area. If you've ever dreamed of owning a condo at the WATERGATE CONDOMINIUMS, you can't miss this one. Be the first to fall in love with it. It is being sold 100% "AS IS. "Classified as IE-insured WITH ESCROW REPAIRS. FHA 203K eligible. Loans available for qualified buyers only. Naturally, CASH & CONVENTIONAL buyers are welcome from those who qualify. "EQUAL HOUSING OPPORTUNITY". HUD does not pay any transfer taxes or township C/O certifications or township VPR fees. All at buyer's expense. HUD is not involved in any grants or first time buyer programs. Check with your local banks & mortgage lenders for those programs .Best kept secret in Best kept secret in Maple Shade! Located in a super nice development. Home requires NO repairs as per the FHA appraisal. If you require a mortgage, choose your lender carefully as all HUD owned homes are sold 100% AS IS. No exceptions. For Qualified Buyers there is a $100 down payment available on HUD Homes financed with FHA-insured financing. No higher income cap restrictions apply. A $100 down program is great but it gets better. You can now use the FHA203-K rehab program on this super condo. Most all your improvements and/ or repairs can now be financed into the mortgage. But wait-it gets EVEN better.There is the possibility of HUD paying up to 3% of the sale price toward your closing costs. Check for details. "AS-IS" HUD property.Sold by electronic bid only. See hudhomestore. com. Buyer to verify all information. "AS-IS" HUD property. Very important-Agents & clients MUST read the attached BLB Resources disclosures/addenda PRIOR to placing any bids. Very important. The special HUD $100 down program will not last forever! If you are thinking about buying that home in the spring--DON"T WAIT. Built in 1972. LBP. 1137 square feet of wonderful living space. Special Note: Will be sold to the highest acceptable bidder. Place your HIGHEST bid today . Summer is here. Buy this great condo today for only $100 down payment for qualified FHA buyers. The pool's open!!! NOW--- here's the real deal. This condo last sold in AUGUST of 2008 for $141,500. Today's REDUCED PRICE $87,000. That's a savings of $58,850. Spelling that out is a savings of FIFTY-EIGHT THOUSAND-EIGHT HUNDRED U.S. DOLLARS. Other re-sales as of today are being offered at $128,000, $132,000, $119,900, $110,000, $92,500. BUYERS & AGENTS MUST READ THE ATTACHED PROPERTY CONDITION DISCLOSURES PRIOR TO PLACING ANY AND ALL BIDS. Disclosures: Individual condominium unit. Property can only be sold to Owner Occupants. HOA does not allow units to be rented out to tenants. Buyer to verify information, There are 2 Monthly Special Assessments for the Boiler Replacement, one for$28 and the other for $31. The HOA fee includes heat and hot water.Buyer to verify all info, Property is NOT located in a FEMA SpecialFlood Hazard Area but is listed as a moderate to low flood risk. Please refer towww.floodtools.com for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Uses a common water heater that is shared by units within the building, 1 pet is allowed, limited to under 35 pounds. Buyer to verify all info, There is a one time Capital Contribution Fee of 1 1/2 times the monthly association fee of $294.00= $441.00 payable by buyer at closing.Buyer to verify all info.