Status: Closed
MLS#: NJMM109924
Type: Residential - Single Family
Subdivision: Roosevelt
County: MONMOUTH
H.U.D. Home. Re-List Available 2.10.20. Bid deadline Daily by 11:59 PM Central Time until sold. Year Built: 1930, Lot Size: 20,000. 3 Bedrooms, 2 Baths. Interior Square Feet: 2,463, as per appraiser. LBP. (IE) Insured w/ Escrow Repairs. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "AS IS" by elec. bid. ...P.R.I.C.E...R.E.D.U.C.E.D...F.O.R...Q.U.I.C.K....S.A.L.E.....P.R.I.C.E...R.E.D.U.C.E.D...F.O.R...Q.U.I.C.K....S.A.L.E...* Very nice Rancher sitting on almost half an acre with its back to the woods in an area where a myriad of development can be seen. Quiet, scenic drives greet you every day as you traverse to this destination passing horse farms and even larger homes and grand estates to your own stellar abode. Inside, you will find a multitude of rooms and workspace that all share a common goal of comfort, amenities, and absolutely beautiful and private views of the expansive rear yard, which hold a shed and a playground set. The one-level design is perfect and easy flowing for movement throughout, and one can easily find their favorite space or sleeping quarters which encompasses three really nice sized bedrooms, and two full baths. A surprising pull-down staircase reveals and an even grander view of an unfinished attic space that runs the expanse of the first-floor living area. Second-tier loft windows have already been added, so this area makes for an even more exciting long term project, just in case extra space is needed in the future. This remarkable enclave can be yours if you move quickly, so make your appointment while you still have time!Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.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. Repairs: Missing CO and smoke detectors, Holes in ceiling, with exposed insulation, Damaged flooring. For all bids accepted on or after October 1, 2016, the following incentives are available on properties within the Philadelphia HOC region (3P states): Buyers: $100 down payment on HUD Homes financed with FHA-insured financing. Agents: Real estate selling agents (agent for the buyer) get $500 for every HUD Home purchased with an FHA Rehab 203(k) loan. HUD homes being purchased with FHA financing may currently be available for HUDs $100.00 down payment program. To be able to take advantage of this great program, purchasers must be Owner Occupants and use FHA financing to purchase HUD eligible $100 down properties. $100.00 Down Payment is a Limited time opportunity, and buyers must choose their own lenders. (Normal down payments for FHA home loan is 3.5%). The main reason HUD offers the $100 down payment program is to sell HUD foreclosed homes fast and to also to get owner-occupants into these homes. See attached addendum & Disclosures. For additional information contact the agent of your choice.