550 E Franklin, Hamilton, NJ 08610

$140,000
3
BD
1
BA
1,214
SqFt
List Price
$140,000
Closing Date
May 31, 2019
Days On Market
19
Status
PENDING
MLS#
NJME266624
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
1,214
Lot Size (Acres)
0.14
Style
Ranch/Rambler
Year Built
1956
County
Mercer
School District
Hamilton Township

Property Description

H.U.D. Home. Available 4-3-19. Bid deadline: Daily by 11:59 PM Central Time until sold. Year Built: 1956, Lot Size: 6300.00. LBP. 3 Bedrooms, 1 Bath. Interior Square Feet: 1,214, as per appraiser. (IE) Insured w/ Escrow Repairs. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "AS IS" by elec. bidonly. ********************************Does anyone need a stunning rancher set on a corner lot, in a neighborhood where pride of ownership shows? Well, this HUD home may be the one that you have been looking and waiting patiently for. Aggressively priced for it's condition and location, and featuring a side entry and deck that overlooks lush landscaping, under a shady patch, this home is perfect for anyone that looks forward to relaxing and entertaining. The rear rectangular yard features PVC fencing, and includes a storage shed and fenced dog run for your furry loved ones. Inside this gem, you'll find three ample sized bedrooms, a full modern bathroom, hardwood floors, an eat in kitchen, and a huge walk up unfinished attic, just in case anyone might need a little bit of extra elbow room in the future. As everyone knows, these HUD deals don't last long, especially with HUD's $100 down program being offered for a limited time, so you'd better get moving fast! *********************** 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: Install handrail for outside entry steps,Scrape and repaint peeling paint on exterior trim, porch, and foundation and on interior trim and basement walls. ************************************************* 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 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 also to get owner-occupants into these homes. See attached addendum & Disclosures. For additional information contact the agent of your choice. **********************

Additional Information

Area
Hamilton Twp (21103)
Subdivision
None Available
Foreclosure
Yes
Taxes
$5883
Stories
1
School District
Hamilton Township
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Listing courtesy of Key Realty NJ.