Description provided by Trulia.
Description provided by Realty Trac.
HUD Foreclosure As Is Value: $35,000. 3 bedrooms, 2 bathrooms. 1,368 +/- sq. ft. Built 1999. Property status: Available to all bidders. 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 holidays. They will be opened the
Show more
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 and actually make the loan. Can I buy a HUD Home as an investment? Answer: Most HUD Homes are initially offered on a priority basis to owner occupant purchasers (people who are buying the home as their primary residence). Following the priority period, unsold properties are then available to all buyers, including investors.
Show less
2
|
|
|
Nearby Cities Homes for Sale
|
|
|
|
Compare 24311 Martina St With...
|
|
This property located at 24311 Martina St, Saucier MS, 39574 is currently for sale and has been listed on Trulia for 49 days. This property is listed by Homes.com for $35,000. 24311 Martina St has has 3 beds, 2 baths, and approximately 1,368 square feet. 24311 Martina St is in
Saucier and in ZIP Code
39574. The list price of $35,000 is 81% lower than the average list price of $188,596 for
39574 real estate and 81% lower than the average list price of $188,596 for
Saucier, MS real estate.
Copyright © 2008 U.S. News & World Report, L.P. All rights reserved.