$55,000


3 Beds   1 Bath   1,200 Sq. Ft.

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Marion Rd,
Cincinnati, OH 45215

Potential Profit

$82,885

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Status: Inactive
Listing ID: 55873419

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Property Information

  • Price: $55,000
  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,200
  • Total Rooms: 6
  • Parking: Garage (2 spaces)
  • Year Built: 1960
  • Source ID: 411-590944
  • Additional Information: Eligible Bidders: Owner Occupants, Nonprofits, and Government Agencies only, 203K Eligible: Yes
  • Days On Site: 17
  • Input Date: 11-14-2020
  • Financing Type: FHA Insured Escrow
  •  

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.

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Cincinnati, OH
Home Inspectors

SAFEGUARD Building Inspections LLC
Andrew C Seeger
513-482-0449
Building Inspections, LLC
Michael Hesterberg
15134047997
Oracle Home Inspections
David A Rhodes
513-818-2426
Guardian Angel Home Inspection Service
Hale Newman
513-207-1646
Independent Home Inspection, Inc.
Steve Lah
513-851-5200
foreclosure.com

Marion Rd
Cincinnati, OH 45215

3 Beds   1 Bath   1,200 sq. ft.

$55,000

Status: Inactive Listing ID: 55873419

Property Information

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Marion-Rd-Cincinnati-OH-45215/55873419_lid

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