Foreclosure Deals with Special Financing

Asking price: $137,500

Estimated Value: $144,000


Suggested first offer with signed buyers agreement: $101,000

From Drop Box

* 3% downpayment for owner occupants, 10% for investors (by contrast, 30% is typical for investors these days)

* no requirements for appraisal on a house

* no private-mortgage insurance (PMI)

* qualified borrowers need only have a credit score as low as 660

* Other restrictions apply but call for details

Home details:

Property Details
Bedrooms: 3 Bathrooms: 3 Full Baths: 2 Half Baths: 1 Living Area Size: 1,910 Style: Cape Cod Exterior: Vinyl Siding Fireplace: Yes Roof: Composition Shingle Appliances: Dishwasher, Garbage Disposer, Oven Flooring: Carpet, Laminate, Tile - Ceramic Air Conditioning: Central A/C Year Built: 1992