SOAPSTONE MOUNTAIN STALEY, NC 27355

Features

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Facts

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Description

This is a HUD Home that the Government has foreclosed on because the owner couldn't meet their payments. This home is sold via an auction process whereby the highest bidder wins the home, typically at prices affordable for lower-income families.

1.5 story, 2 bed, 2 bath with inground pool. Very rural setting with small horse barn and huge two stall commercial carport. Rocky terrain. Property owned by US Department of HUD. Case#387-050689. FHA financing is IE, with repair escrow. Subject to Appraisal, Seller makes no representations or warranties as to property condition. HUD-acquired properties are sold AS-IS without warranties or repairs. Equal Housing Opportunity. Seller may contribute up to 3% for buyer's closing costs upon buyer request. Bids submitted by HUD Registered Agents only. Active NAID# required. Go to HUDhomestore. Look under addendum tab for the FHA Insurability Code, Property Condition Report, Lead Based Paint, List Disclosure if applicable. FHA owner-occupant borrower may qualify for $100 down payment, and FHA 203k renovation loan with qualified property. Info believed accurate. Buyer to verify. Pre 1978 properties must include LBP notice. Property inquiries will be answered within 24 hours. See Agent Only.