H.U.D. Home. Available 1.28.20. Bid deadline: 2.1.2020, and then Daily by 11:59 PM Central Time until sold. Year Built: 1955, Lot Size: 10,710. 4 Bedrooms, 1 Baths. Interior Square Feet: 1,581, as per appraiser. LBP. (UK) Un-Insured. Eligible for FHA 203K. Financing Terms FHA, Cash, Conv. Sold "AS IS" by elec. bid only. ********** Tremendous detached Cape Cod in close proximity to the North Olden Avenue Business District. These types of HUD deal don't come along very often, so make your plans today, to visit tomorrow. Large 4 bedroom, 1 bathroom home with Living Room, Dining Room, Eat-in Kitchen, and rear maids quarters featuring stainless counters with an exterior egress into a plush, landscaped paradise. Two large storage sheds accentuate an otherwise tranquil escape into your rear arboretum, that was once lovingly decorated with perennial highlights. Back inside, you will find a majority of oversized rooms, and a second level that goes on and on with storage options and ample sized bedrooms. Don't be distracted by the big game on Sunday, snatch this one today! ****** Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Buyer to verify additional information regarding flood zones and insurance. 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 exceed $10,000. Repairs may include but not limited to structure, electrical, roof, HVAC, and plumbing; Inspection recommended. The furnace needs replacement. the electrical system needs repair. Per PCR, Plumbing, drain and water heater damaged, inspect-repair as required. *********************** 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. ****************************