Vermilion Realty Blog

August 28, 2010

Benson AZ HUD Reduced

Filed under: For Sale, HUD, Uncategorized — Tags: , — Don Grafues @ 9:43 am

618 N. Iron Wood, Mescal Lakes, Benson, AZ

618 N. Iron Wood, Mescal Lakes, Benson, AZ

 
Just reduced $13,600, this 1575 sq ft site built home on 0.26 acres in Mescal Lakes area of Benson, Cochise County is move-in ready.  3 bed/2 baths, split bedroom plan, great room and 2 car garage. $122,400.

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

Resource: HUD
 

August 23, 2010

HUD Price Reduction – Douglas, AZ

Filed under: For Sale, HUD — Tags: , — Don Grafues @ 7:30 am

Douglas 1948 site built HUD home.

Douglas 1948 site built HUD home.

 
Very charming 1948 site built home on 12th Street in Douglas. This property came back on the market on August 20 with a price reduction, now $43,600. 3 beds/1 bath, 1429 sq ft on 6970 sq. ft. city lot. This home was built when pride of craftsmanship was a trademark of home construction. There are repairs to be made and the home is eligible for the 203(k) repair program. For additional photos, property condition report and other information click on “Featured Properties” tab or here.

Home may be located in a Historic District, buyer to verify.

Resource: HUD
 

August 14, 2010

HUD 1908 Bisbee Home

Filed under: For Sale, HUD — Tags: , — Don Grafues @ 5:22 am
 
406 B Mason Hill Road, Bisbee

406  B  Mason  Hill  Road,  Bisbee

If you are a painter, musician, writer or other creative individual, and, if you wish to live in an artistic center, look at this home in Bisbee, Arizona.

Built in 1908, this home has 2 bedroom and 1.75 baths in 1,098 square feet.

The address of this property is 406 B Mason Hill, Bisbee, Cochise County, AZ. It is a HUD home. Asking price is $103,500. For additional photos and information click on “Featured Properties” tab or here.

If you are familiar with old west mining towns you know what to expect in the way of charm, novelty and a vibrant creative community.

Resource: HUD
 

August 10, 2010

New FHA Fee Structure

Filed under: Financing, HUD — Tags: — Don Grafues @ 3:48 pm
 
Wednesday of last week the Senate approved changes to the FHA fee structure. Today, HUD Deputy Assistant Secretary Vicki Bott issued a statement outlining the fee structure change and timing.

Historically, FHA has been the only US Government Agency to generate revenue.

Resource: REALTOR®Mag & HUD
 

August 1, 2010

Back On Market – St. David HUD

Filed under: For Sale, HUD — Tags: , — Don Grafues @ 6:21 am

Large 4 bed/2 bath manufactured home on nearly 1 acre, $68,750

Large 4 bed/2 bath manufactured home on nearly 1 acre

 
This is a very spacious 4 bed/2 bath manufactured home just off Highway 80 in Saint David near the Monastery.  While the home is livable, it could use modernizing and some fix-up. With almost one acre of ground left in its natural state, you have space with low maintenance.  $62,500.   For additional photos and information click on “Featured Properties” tab or here.

Resource: HUD
 

July 31, 2010

Back On Market – Benson HUD

Filed under: For Sale, HUD — Tags: , — Don Grafues @ 7:13 am

725 S. Si Tengo HUD site built home in Benson, AZ.

725   S.  Si  Tengo  HUD  site  built  home  in  Benson,  AZ.

 
Site built HUD 1987 home at 725 S. Si Tengo Drive, Benson, Cochise County, AZ.  Home fell out of escrow and is back on the market at $131,000.  3 beds/2 baths (split plan), 1733 sq ft on 0.22 acres.  Two car garage, home office.  For additional photos and information click on “Featured Properties” tab or here.

Resource: HUD
 

July 29, 2010

HUD Opens Investigation

Filed under: HUD — Tags: , — Don Grafues @ 10:52 am
 
On July 19 we published a post “Applying For A Loan? Pregnancy Is Out!” in which it is reported that lenders are denying loans because a working mother who is pregnant will have reduced earnings.

This seems like a raw deal and possible discrimination.

HUD has opened an investigation into these practices. You can read their announcement here.

Resource: HUD
 

July 27, 2010

New Site Built Cochise County HUD

Filed under: HUD — Tags: , , — Don Grafues @ 10:19 am

618 N. Iron Wood, Mescal Lakes, Benson, AZ

618 N. Iron Wood, Mescal Lakes, Benson, AZ

 
New listing in Mescal Lakes area of Benson, Cochise County. 1575 sq ft site built home on 0.26 acres. 3 bed/2 baths, split bedroom plan and great room. $136,000.

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

Resource: HUD
 

July 25, 2010

Back On Market

Filed under: HUD — Tags: , — Don Grafues @ 6:41 am

Douglas 1948 site built HUD home.

Douglas 1948 site built HUD home.

 
Very charming 1948 site built home on 12th Street in Douglas. Now priced at $87,200. 3 beds/1 bath, 1429 sq ft on 6970 sq. ft. city lot. This home was built when pride of craftsmanship was a trademark of home construction. There are repairs to be made and the home is eligible for the 203(k) repair program. For additional photos, property condition report and other information click on “Featured Properties” tab or here.

Home may be located in a Historic District, buyer to verify.

Resource: HUD
 

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
 
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