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Description provided by Realty Trac.
HUD Foreclosure As-is value $110.000. REDUCED! Asking bid price:$88,000. 3 bedrooms, 2 bathrooms 2,258 +/- sq. ft. Built 1971. Property status: Available to owner occupant. Bids may be made through a HUD approved broker. Landmark Properties is a HUD approved broker. Please call Jim Wheeler at 228-435-4255 for the property condition information report. How do I buy a HUD home? Answer: Your real estate agent with Landmark Properties must submit your bid for you. Normally, HUD Homes are sold in an "Offer Period." At the end of the Offer Period, all offers are opened and, basically, the highest reasonable bid is accepted. If the home isn't sold in the initial Offer Period, you can submit a bid until the home is sold. Bids can be submitted any day of the week, including weekends and…
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holidays. They will be opened the next business day. If your bid is acceptable to HUD, your real estate agent will be notified, usually within 48 hours. If my bid is accepted, then what happens? Answer: Your Landmark Properties real estate agent will help you through the paperwork process. You'll be given a settlement date, normally within 30-60 days, by which you need to arrange financing and close the sale, or forfeit your earnest money deposit, or pay for an extension of your sales contract. We have an excellent booklet to help you understand the settlement process: "Buying Your Home - Settlement Costs and Helpful Information When you buy a HUD Home, the selling agent's commission will be paid by HUD but only if you make this a condition of your offer. HUD always pays the listing agents commission. How can I get a loan to buy a HUD Home? Answer: HUD doesn't make loans directly. But they do have a number of mortgage insurance programs that could help you buy a home. You can read about those programs here. Then contact a HUD approved lender, who will take you through the steps will take you through the steps and actually make the loan. Brokered And Advertised By: Landmark Properties - Wheeler & Associates, Inc. Listing Agent: Jim Wheeler
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20 40th St
$230,000
3 br
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2,615 sqft
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1217 23rd St
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This property located at 11109 Sweetgum St, Gulfport MS, 39503 is currently for sale and has been listed on Trulia for 79 days. This property is listed by jimwheelerrealtor.com for $88,000. 11109 Sweetgum St has has 3 beds, 2 baths, and approximately 2,258 square feet. The property was built in 1971. 11109 Sweetgum St is in
Gulfport and in ZIP Code
39503. The list price of $88,000 is 56% lower than the average list price of $201,820 for
39503 real estate and 59% lower than the average list price of $216,247 for
Gulfport, MS real estate.
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