3 Beds   2 Baths   1,326 Sq. Ft.

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Forest Park Ln,
New Orleans, LA 70131

Status: Inactive
Listing ID: 55402738

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Property Information

  • Price: $85,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Living Area Size: 1,326
  • Total Rooms: 6
  • Parking: Garage (2 spaces)
  • Year Built: 1985
  • Source ID: 221-310644
  • Additional Information: Eligible Bidders: Owner Occupants, Nonprofits, and Government Agencies only, 203K Eligible: Yes
  • Days On Site: 55
  • Subdivision: TALL TIMBERS
  • Input Date: 02-04-2020
  • Financing Type: FHA Insured Escrow

Public Records

  • Land Area Sqft: 3,600
  • APN: 5-13-8-431-26
  • Property Type: Single Family Residence
  • Subdivision: TALL TIMBERS

HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

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First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale.


New Orleans, LA
Home Inspectors

Sunshine Home Inspection, LLC
Thomas Kelting
Acadian Home Inspection LLC
John Humphrey
National Property Inspections
Calvin Helfenstine

Forest Park Ln
New Orleans, LA 70131

3 Beds   2 Baths   1,326 sq. ft.


Status: Inactive Listing ID: 55402738

Property Information

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Public Records

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Property Description

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