Another wonderful new offering in Richmond. This HUD owned home is classified as IE- insured with escrow of $3200 for FHA203b loans to qualified buyers. No escrows required for cash or conventional loans. Owner occupant buyers for the first 15 days with the first 10 days being simultaneous. That means all bids placed the first 10 days will be opened & reviewed day 11. Then for the next 5 days on a daily bid opening basis. Investors may get involved on day 16. HUD case # 441-480870 is also approved for the FREE $5,000 grant to qualified first time buyers only. “EQUAL HOUSING OPPORTUNITY”. Great location. Close by to many various houses of worship, great shopping with multiple large shopping centers, minutes from I-95 and public transportation. HUD does NOT PAY for any transfer taxes or city certifications. Sold 100% “AS IS”. Keep in mind that HIGH NET bid wins and all others lose. The great FHA-203K re-hab mortgages are also available on the wonderful home to qualified buyers along with the $5,000 FREE GRANT. You could be in your new home in 45 days of less.
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