Saturday Open House In Desirable Vancouver Oakbrook Neighborhood

Dated: 08/23/2013

Views: 10353

Great HUD home, priced to sell at $165,000.00!!

Classic tri-level design locate at 3314 NE 101st Ct, Vancouver WA 98662
  • Located on a quiet cul-de-sac
  • 3 bedrooms, 2.1 bathrooms, PLUS a bonus room!
  • 1,252 sq. ft.
  • Open, light and bright
  • Fabulous kitchen with lots of cabinets and storage
  • Beautiful french doors that open to the large back yard
  • Master and 2 bedrooms are located upstairs while the 4th bedroom and bonus room (has a private entry) are on the main level
  • Great location near freeway, dining, entertainment and groceries
  • Highly desirable Evergreen School District (Ellsworth Elementary, Cascade Middle and Evergreen High)

OPEN HOUSE:  Saturday August 24th, 2013- 2:30 PM till 5:00 PM

What is a HUD Home?

A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
Who Can Buy a HUD Home?
Almost anyone! If you have the cash or can qualify for a loan (subject to certain restrictions) you may buy a HUD Home. HUD Homes are initially offered to owner-occupant purchasers (people who are buying the home as their primary residence). Following the priority period for owner occupants, unsold properties are available to all buyers, including investors.

Should I Get a Home Inspection?
HUD does not warrant the condition of its properties and will not pay for the correction of defects or repairs. Since the new owner will be responsible for making needed repairs, HUD strongly urges every potential home-buyer to get a professional inspection prior to submitting an offer to purchase. If you are interested in acquiring a HUD Home that is in need of repair, you may be interested in applying for an FHA 203(k) Rehabilitation Loan, see your lender for qualifications. 

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