FHA Case #052-425615. HUD Homes are SOLD AS-IS | To Submit Offers visit www.hudhomestore.gov. You or your broker must have a current NAID# to submit an offer via for Electronic Bid submission, Availability, Eligible Bidders, Bid Deadlines, FHA Insurability, PDR (Property Disclosure & Repair Info.),PCR (Property Condition Report) | Repair Escrow when applicable is determined by Mortgagee & is buyer’s responsibility.HUD does NOT pay for Buyer Title Insurance cost. Utility turn on approval must be approved by HUD’s Field Service Manager (FSM).If plumbing and or electrical deficiencies exist turn-on may be denied by FSM. No one may alter/occupy property until after closing & funding. Buyer & or Buyer Agent to verify all info. Including sf, tax and HOA. Call or Email Listing Agent for Questions. Managed by RAINE Company. All HUD homes are sold AS-IS. HUD will not make any repairs nor allow the purchaser to complete any repairs prior to closing. Utility activation requests (submitting after contract execution) must be approved by HUDs Field Service Manager prior to activation. In cases where plumbing or electrical deficiencies exist, approval for activation may be denied. Repairs will not be made for the purpose of utility activation.
All properties built prior to 1978 utilizing FHA financing will require a Lead Based Paint (LBP) Inspection and possible stabilization.
Should the purchaser elect to change financing from FHA to any other method of financing or cash after LBP/Termite inspections and/or treatments have begun, the purchaser will be responsible for reimbursing HUD for the cost of the inspection, treatment and clearance prior to closing. FHA repair escrow amounts are not a credit from the seller to the buyer. Escrow items represent
the minimum property requirements as required by FHA to bring the property into standards that
will allow it to meet FHA funding eligibility. All repair costs are financed into the mortgage and are the responsibility of the buyer.