HUD Home for sale in Rochester New Hampshire
This just might be the best priced home I have seen for sale all year! This home just came on the market first thing this morning. When I log into the MLS every morning around 7 am, the first thing I look for is new listings in my market area. Well, here it is! A HUD home for sale in Rochester New Hampshire, only $87,000!!!!!!
Amazing price for this 1890'S home with lots of updating already done. This one will not last long.This property is FHA insurable, with no repairs needed. Gov't owned home -- US Dept of Housing and Urban Development (HUD)case #341-092380. Property is sold as is - as seen. Seller nor agent makes any warranties or representation.
What is a HUD home?
A HUD home is a 1-to-4 unit residential property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage. HUD becomes the property owner and offers it for sale to recover the loss on the foreclosure claim.
Why buy a HUD home?
HUD homes can be a very good deal. When someone with a HUD insured mortgage can't meet the payments, the lender forecloses on the home; HUD pays the lender what is owed; and HUD takes ownership of the home. Then they sell it at market value as quickly as possible.
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Information provided by Bill Somerset, Avalar Advantage Real Estate
New Hampshire Realtor® New Hampshire real estate and homes for sale
Search for your next home in New Hampshire or Maine right on my website, www.billsomerset.com
