Vermilion Realty Blog

July 19, 2010

New HUD Listing – Benson, AZ

Filed under: For Sale, HUD — Tags: , — Don Grafues @ 6:05 pm
 
634 N. Palm Lane HUD

634 N. Palm Lane HUD

 
634 N. Palm Lane, Benson (Mescal Lakes), Cochise County, AZ. 1512 sq ft, 3 bed/2 bath manufactured home on 1.53 acres. Home is a Cavco built in 2000. Kitchen appliances include side-by-side refrigerator, gas range, dishwasher, disposal and range vent. Large 2 car carport (tandem) and workshop are attached. 2008 taxes $698. Asking $83,000.

 
Home is eligible for FHA backed financing and qualifies for 203(k) program. There is a $440 allowance to repair skirting. Otherwise, home is in good shape.

For additional photos and information, including a property condition report, click on “Featured Properties” tab or here.

Resource: HUD
 

Applying For A Loan? Pregnancy Is Out!

Filed under: Market Info — Tags: , — Don Grafues @ 5:38 pm
 
We report from time to time news on mortgage applications. Recently applications are down which means fewer buyers.

Is it any wonder the number of applications is falling when lenders tighten qualifications to an extreme level?

The New York Times has an article on how pregnancy can result in loan denial. And it isn’t just the lenders, Fannie and Freddie are getting into the act as well.

Resource: The New York Times
 

Powered by WordPress