Don’t Miss Out on Bargains! These HUD Owned Homes Have Been SOLD!
Get Your Offer In! Get Your Own List of HUD Owned Home. Don’t loose out on another deal.
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1037 Hamilton Dr, Vineland, NJ
Listed At: $195,000
Sold At: $155,000
SAVED
– $40,000 |
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12 Prichard Ln, Sicklerville, NJ
Listed At: $140,000
Sold At: $125,000
SAVED –
$15,000 |
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256 New York Ave, Newfield, NJ
Listed At: $116,000
(Appraised at $145,000)
Sold At: $100,000
SAVED –
$16,000 |
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314 Oxford St, Vineland, NJ
Listed At: $72,000
Sold At: $53,000
SAVED –
$19,000 |
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35 Colgate Rd, Atco, NJ
Listed At: $148,500
(Appraised at $165,000)
Sold At: $125,000
SAVED –
$23,500 |
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3803 Tall Pines, Pine Hill, NJ
Listed At: $113,000
Sold At: $85,000
SAVED –
$28,000
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434 La Cascata, Clementon, NJ
Listed At: $55,000
Sold At: $47,500
SAVED –
$7,500
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Want to find your own HUD owned home bargain? Don’t miss out on another one! Complete the form here or
call us at
609-417-1086.
Terry Iwaniw
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REALTOR Associate
ReSales & Investment Realty, LLC
http://www.terryiwaniw.com/
http://www.njhudsales.com/
Direct: 609-417-1086
Office: 856-795-3111 x263
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Tags: bargain homes, buying HUD homes, hud homes sold, HUD owned homes, real estate for sale
Posted by
admin on Jan 12, 2010 in
Listing,
Marketplace,
Real Estate,
for sale Take Advantage While You Can – 61 Tailor Ln, Sicklerville – Ref#: IE5640776. If ownership is your plan, then come see this 2024-SF HUD owned townhouse on 0.04 acres in Wilton’s Corner. Has 3 bedrooms, 2.5 bathrooms, dining room, casual living room with carpeting, family room, sunny kitchen with laminate countertops, sliding glass doors, deck, patio, front porch, 1-car garage. All properties are sold in ‘As Is’. Please call Terry for more information.
[Click Here for Details]
Moving On Up – 1100 Beechwood Dr, Atco – Ref#: IE5630276. Make the next big step in this 2-story 4-bedroom/2.5-bath HUD owned home on 0.46 acres in Atco. This comfortable floor plan delivers a traditional dining room, relaxing family room, casual living room with carpeting, fireplace for winter days, laundry with w/d included, kitchen with dishwasher, electric range, refrigerator, pool, deck, porch, 1-car garage, fenced yard, patio.All properties are sold in ‘As Is’. Please call Terry for more information.
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No Place Like Home – 933 Ladner Ave, Gibbstown – Ref#: UI5622846. Enjoy a comfortable lifestyle in this 5-bedroom/1.5-bath HUD owned Colonial home on 0.44 acres in Gibbstown. Great features include a casual living room with carpeting, dining room, sunny kitchen with laminate countertops, double sinks, basement laundry, in-ground pool, 1-car garage. This 1,965 sq ft home is only a short drive to I-295. All properties are sold in ‘As Is’. Please call Terry for more information.
[Click Here for Details]
Get Out Of That Lease – 12 Pritchard Ln, Sicklerville – Ref#: UI5637726. And into your own 4-bedroom/2-bath vinyl-siding home in Sicklerville. This convenient floor plan delivers an inviting family room with stone fireplace, master suite with separate shower, gracious dining room, engaging living room with carpeting, captivating kitchen with dishwasher, laminate countertops, gas range, second-floor laundry, fenced back yard for energic toddlers, 2-car garage. All properties are sold in ‘As Is’. All information deemeded and should be independently verified. Please call Terry for more information.
Call For Details or Schedule to View
[Click Here For Details]
The American Dream – 35 Colgate Rd, Atco – Ref#: UI5622828. Starts with homeownership. Come see this 2-story HUD owned Colonial home in Ivystone Farms. Features include 4 bedrooms, 1.5 bathrooms, warm family room, casual living room with carpeting, traditional dining room, sunny kitchen with laminate countertops, dishwasher, first-floor laundry, 1-car garage. Only a short drive to Route 73 or WHP (Route 30). All properties are sold in ‘As Is’. Please call Terry for more information.
[Click Here for Details]
Request your own copy of this home’s Property Condition Report by clicking here.
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Terry Iwaniw
============================
REALTOR Associates
ReSales & Investment Realty, LLC
http://www.sellmysnjhome.com
http://www.terryiwaniw.com/
http://snjrealestate.ning.com/
Cell: 609-417-1086
Office: 856-795-3111 x263
============================
Tags: homes for sale, HUD owned homes, hud owned homes for sale, real estate for sale
Posted by
admin on Oct 11, 2009 in
Marketplace,
Real Estate,
for sale
3 Bedroom Ranch Style Home For Sale in Marlton
Location: Heritage Village
HUD owned 3 bedroom, 1 Bath Ranch style home located in Heritage Village eat-in kitchen, 1 car attached garage, central A/C, gas heat and cooking, hardwood floors, built on a concrete slab. Easy access to Routes 70 & 73 for connection to major highways. Evidence of mold.
Information
Contact Information
Terry Iwaniw
Direct: 609-417-1086
Office: 856-795-3111 x263
Pricing
Price: $185,000
Additional Pricing Information: ALL PROPERTIES ARE SOLD IN ‘AS IS’ CONDITION.SELLER MAKES NO REPRESENTATIONS OR WARRANTIES CONCERNING THE CONDITION OF THE PROPERTY AND DOES NOT GUARANTEE THAT THE PROPERTY IS FREE OF HIDDEN OR VISIBLE DEFECTS. BUYER IS RESPONSIBLE TO TAKE ACTION TO SATISFY HIMSELF THAT THE PROPERTY IS IN A CONDITION ACCEPTABLE TO HIM. SELLER WILL MAKE NO REPAIRS. BUYER IS ENCOURAGED TO HAVE A HOME INSPECTION TO IDENTIFY ANY DEFECTS.
Features
Bedrooms: 3
Bathrooms: 1
Year Built: 1961
Subdivision: Heritage Village
Lot Size: 10890
Garage Size: 1
School District: Evesham Twp
Square Footage: 1025
Agent Name: Terry Iwaniw
Broker: R & I Realty, LLC
MLS #: 5592045
HUD will allow escrow for repairs: No
Will qualify for FHA loan w/o repairs: No
Deposit required with offer: 1500
Attributes
Appliances
Range/Oven
Full Refrigerator
Tags: homes for sale, homes for sale in burlington county, homes for sale in heritage village, homes for sale in marlton, HUD owned homes, hud owned homes for sale, ranch style home for sale in marlton, real estate for sale in burlington county, real estate for sale in southern nj
Posted by
admin on Sep 12, 2009 in
Housing,
Marketplace,
Real Estate,
for sale
3 Bedroom 2.5 Bath Twin/Duplex Home For Sale in Lindenwold
Location: Crossing
A large 3 Bedroom 2.5 Bath HUD owned twin/duplex home has a fireplace, sliding glass doors leading out to the patio, a fenced yard on a corner lot. This home has a kitchen with a breakfast area, 1 car garage, spacious living room with a fireplace, master bedroom with its own bath, and dining room.
Information
Contact Information
Terry Iwaniw
609-417-1086
Connect on Facebook – http://profile.to/terryiwaniw
Pricing
Price: $147,000
Additional Pricing Information: ALL PROPERTIES ARE SOLD IN ‘AS IS’ CONDITION.SELLER MAKES NO REPRESENTATIONS OR WARRANTIES CONCERNING THE CONDITION OF THE PROPERTY AND DOES NOT GUARANTEE THAT THE PROPERTY IS FREE OF HIDDEN OR VISIBLE DEFECTS. BUYER IS RESPONSIBLE TO TAKE ACTION TO SATISFY HIMSELF THAT THE PROPERTY IS IN A CONDITION ACCEPTABLE TO HIM. SELLER WILL MAKE NO REPAIRS. BUYER IS ENCOURAGED TO HAVE A HOME INSPECTION TO IDENTIFY ANY DEFECTS.
Property Location
167 Crossing WayLindenwold, NJ 08021View Map
Features
Bedrooms: 3
Bathrooms: 2.5
Year Built: 1989
Subdivision: Crossings
Lot Size: 8300
Garage Size: 1 car
School District: Lindenwold
Square Footage: 1500
Agent Name: Terry Iwaniw
Broker: R & I Realty, LLC
MLS #: 5588957
HUD will allow escrow for repairs: No
Will qualify for FHA loan w/o repairs: No
Deposit required with offer: 1500
Attributes
Exterior Amenities
Patio
Fenced Yard
Grass Lawn
Tags: homes for sale, homes for sale in camden county, hud homes for sale, HUD owned homes, real estate for sale
Posted by
admin on Sep 8, 2009 in
Marketplace,
Real Estate,
for sale
3 Bedroom 2.5 Bath Bi-Level Home For Sale
Location: Atco, NJ
3 bedrooms 2.5 bath HUD owned home located in a wooded setting. This home has a large eat-in kitchen with an open floor plan, there is a brick fireplace in the family room , along with cathedral ceilings. The master bedroom has double door entrance and a full bath plus walk-in closet. There is a 1 car garage attached to the home, central A/C, and a basement. This home backs onto Green Acres and Ladies Lake.
Information
Contact Information
Terry Iwaniw
609-417-1086
Connect on Facebook – http://profile.to/terryiwaniw
Pricing
Price: $205,000.00
Additional Pricing Information: ALL PROPERTIES ARE SOLD IN ‘AS IS’ CONDITION.SELLER MAKES NO REPRESENTATIONS OR WARRANTIES CONCERNING THE CONDITION OF THE PROPERTY AND DOES NOT GUARANTEE THAT THE PROPERTY IS FREE OF HIDDEN OR VISIBLE DEFECTS. BUYER IS RESPONSIBLE TO TAKE ACTION TO SATISFY HIMSELF THAT THE PROPERTY IS IN A CONDITION ACCEPTABLE TO HIM. SELLER WILL MAKE NO REPAIRS. BUYER IS ENCOURAGED TO HAVE A HOME INSPECTION TO IDENTIFY ANY DEFECTS.
Features
Bedrooms: 3
Bathrooms: 2.5
Year Built: 1978
Subdivision: Olde Towne
Lot Size: 15030
Garage Size: 1 car
Square Footage: 1480
Agent Name: Terry Iwaniw
Broker: R & I Realty, LLC
MLS #: 5585553
HUD will allow escrow for repairs: No
Will qualify for FHA loan w/o repairs: Yes
Deposit required with offer: 1500
Tags: camden county homes for sale, homes for sale, homes for sale in atco, homes for sale in camden county, HUD owned homes, hud owned homes for sale
Posted by
admin on Sep 8, 2009 in
Marketplace,
Real Estate,
for sale
3 Bedroom 2.5 Bath 2 Story Home For Sale
Location: Mays Landing, NJ
HUD owned 3 bedrooms 2.5 bath 2 story home has gas heat, 1 car garage, vinyl exterior and more. HUD will allow money to be escrowed for repairs.
Features
Bedrooms: 3
Bathrooms: 2.5
Year Built: 1989
Lot Size: 4792
Garage Size: 1 car
Square Footage: 1671
Agent Name: Terry Iwaniw
Broker: R & I Realty, LLC
MLS #: 5585608
HUD will allow escrow for repairs: Yes
Will qualify for FHA loan w/o repairs: No
Deposit required with offer: 1500
Information
Contact Information
Terry Iwaniw
609-417-1086
Connect on Facebook – http://profile.to/terryiwaniw
Pricing
Price: $192,000
Additional Pricing Information: ALL PROPERTIES ARE SOLD IN ‘AS IS’ CONDITION.SELLER MAKES NO REPRESENTATIONS OR WARRANTIES CONCERNING THE CONDITION OF THE PROPERTY AND DOES NOT GUARANTEE THAT THE PROPERTY IS FREE OF HIDDEN OR VISIBLE DEFECTS. BUYER IS RESPONSIBLE TO TAKE ACTION TO SATISFY HIMSELF THAT THE PROPERTY IS IN A CONDITION ACCEPTABLE TO HIM. SELLER WILL MAKE NO REPAIRS. BUYER IS ENCOURAGED TO HAVE A HOME INSPECTION TO IDENTIFY ANY DEFECTS.
Property Location
6155 White Oak WayMays Landing, NJ 08330View Map
Tags: homes for sale, homes for sale in atlantic county, homes for sale in mays landing, HUD owned homes, real estate for sale
Are you looking for a bargain home? Then you may want to seriously consider purchasing a HUD owned home. Right up front, I have to state that some of these homes are not in the best condition. Some are in worse condition then others. But you may be able to find a hidden gem. Check out the current list of HUD owned homes we are marketing.
To better understand this you’d have to understand the process by which the Department of Housing and Urban Development (HUD) acquires these properties.
First of all, HUD does NOT foreclose on any home. HUD does not lend mortgage money but it does insure many mortgage loans. So, HUD owned homes are not foreclosed homes, in the strictest sense. HUD owned homes are properties that they acquire by paying off on a claim submitted by the mortgage lender after the MORTGAGE LENDER has foreclosed on the property.
At some point in time, this mortgage lender decides to file a claim against the FHA insured mortgage. They submit their claim to HUD and when HUD pays off on the claim, they acquire the property. The mortgage lender can’t get the benefit payment AND keep the asset. So, in return for receiving the payment they relinquish the property that they foreclosed on. Not all mortgage lenders will file an FHA claim. Many will try to sell the property if they weren’t able to sell the property at a sheriff’s sale/auction. That is the reason that some HUD acquired homes get into the condition that they are in. Mortgage lenders, while trying to sell these properties, do not do such a great job in keeping them maintained. They are usually vacant and anything of value has been removed. It is a rarity to walk into a HUD acquired property and find a refrigerator and/or dishwasher in the house. More times then not the mortgage lender turns over the property to HUD as it is.
So now, HUD has acquired the property. What happens next? Well, HUD sends its appaissor to the property to inspect and value the property. The valuation is done in it’s present condition. It is done this way because HUD will NOT do any repairs to the property except what is minimally needed to preserve the house from further damage. If there is a broken window, they will board it up. If the carpeting was removed, they will NOT replace it. If there is an oil tank in the ground, they will NOT remediate. There are certain cases where HUD will allow the purchaser to set aside (escrow) a certain amount of money to have minor repair issues to be done so that the home could qualify for an FHA loan. The appraissor also notes any and all damage that they can see and assign a dollar value to the repair. This isn’t done so that HUD knows how they’ll have to pay for repairs because HUD does NOT do repairs. What this total repair values denotes is if the property would be able to qualify for an FHA loan or not. HUD designates homes at 3 levels -
- Insured: There are no FHA required repairs needed to be done in order to qualify for an FHA-backed loan.
- Insured w/Escrow: The FHA required repairs total less the $5000 and HUD will allow the purchaser to borrow the extra money and put into escrow in order to insure that these repairs get done.
- Uninsured: The repair total is greater then $5000 and the home would not qualify for a standard FHA-backed loan. However, the purchaser would be able to apply for a 203K (Construction loan) or a Streamline K (similar to a 203K but with a $35000 limit) loans. These have different requirements and the purchaser needs to discuss these type of loans with their mortgage loan representative.
So, now you have a better idea of what you have to work with. The next series of steps involve submitting an offer (which is different then submitting an offer to a private owner) and after that you’ll need to know the steps you’ll have to follow after HUD accepts your offer.
If you are interested in purchasing any of these HUD owned homes, please don’t hesitate to give me a call.
Terry Iwaniw
REALTOR Associate
R & I Realty, LLC
Off: 856-795-3111 x263
Cell: 609-417-1086
http://www.snewjerseyhomes.com/
http://snjrealestate.ning.com
Connect On Facebook – http://profile.to/terryiwaniw
Tags: homes for sale in camden county, homes for sale in gloucester county, hud homes for sale, HUD owned homes
Posted by
admin on Feb 19, 2009 in
Uncategorized
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Linda & Terry Iwaniw | Resales & Investment Realty | 609-417-1084
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16 Adams Ave, Berlin, NJ
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Fabulous 3 Bedroom Twin in Ready-To-Move-In Condition.
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3BR/1BA Single Family House
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offered at $162,000
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| Year Built |
1992 |
| Sq Footage |
1,392 |
| Bedrooms |
3 |
| Bathrooms |
1 full, 0 partial |
| Floors |
Unspecified |
| Parking |
Unspecified |
| Lot Size |
4,264 sqft |
| HOA/Maint |
$0 per month |
DESCRIPTION
| A gorgeous HUD Owned 3 bedroom 1.5 bath twin home in Pine Valley Estates in move-in condition. The garage was converted to a large family room, and pergo flooring added in foyer and dining room. Includes gas heat and central air and no HOA (Home Owners Assoc) fees. Just a short distance from Pine Hill Middle School and Overbrook High School. All this can be yours for $1470/mo*.
For an appointment to see this property call 609-417-1084.
*(Principle,interest, taxes, and insurance payment based on a 30-year FHA fixed rate of 6.00% with 3.5% down to qualified buyers)…
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Seller contact info:
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Linda & Terry Iwaniw
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Resales & Investment Realty
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609-417-1084
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For sale by agent/broker
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Posted: Feb 18, 2009, 9:12pm PST
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Tags: homes for sale, homes for sale in camden county, hud homes for sale, HUD owned homes, real estate for sale, real estate for sale in camden county
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Linda & Terry Iwaniw | Resales & Investment Realty | 609-417-1084
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18 Fillmore Way, Sicklerville, NJ
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A wonderful home on quiet street in desirable Oak Forest.
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3BR/2.5BA Single Family House
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offered at $170,000
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| Year Built |
1984 |
| Sq Footage |
1,680 |
| Bedrooms |
3 |
| Bathrooms |
2 full, 1 partial |
| Floors |
2 |
| Parking |
Unspecified |
| Lot Size |
14,000 sqft |
| HOA/Maint |
$0 per month |
DESCRIPTION
| This HUD-Owned 3 bedroom 2.5 bath home features laminate wood floors, gorgeous trim work in dining room, 2 fireplaces (1 in living room and 1 in the family room), and the garage has been converted into a playroom. The upstairs has a spacious master suite, a separate laundry room, and the Sliding glass door leads to the spacious deck. Yours for $1522/mo*
*(Principle,interest, taxes, and insurance payment based on a 30-year FHA fixed rate of 6.00% with 3.5% down to qualified buyers). |
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Seller contact info:
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Linda & Terry Iwaniw
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Resales & Investment Realty
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609-417-1084
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For sale by agent/broker
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Posted: Feb 18, 2009, 9:48pm PST
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Tags: homes for sale, homes for sale in camden county, homes for sale in sicklerville, hud homes for sale, HUD owned homes
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