$66,420

4 Beds   1.5 Baths   Single-Family

7607 Vernwood St, Houston, TX 77040

Overview

This Single-Family Foreclosure is located at Vernwood St, Houston, TX 77040. It has 4 Beds, 1.5 Baths. This property is currently bank owned.
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Status: Inactive
Listing ID: 6695781

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Property Information

  • Price: $66,420
  • Bedrooms: 4
  • Bathrooms: 1.5
  • Zoning: Resid
  • Year Built: 1974
  • Property Description: Single Family
  • Comments: Family Room: 0 - Kitchen: 1 - Dining Room: 1 - Living Room: 1 - Den: 0 - Units: 1 - Parking Structure: Attached Garage -
  • Source ID: 493-720788
  • Day(s) On Site: 5559
  • Sale Type: REO
  • Property Type: Single Family Dwelling

Potential Home Value

This property has untapped potential!

Current Value
$66,420
Potential Value
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HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Listing History

Start Date End Date Listing Type Bank Name
03/22/07 03/31/07 Foreclosure
11/22/06 01/09/07 Foreclosure
11/13/06 01/08/07 Foreclosure
foreclosure.com

Vernwood St
Houston, TX 77040

4 Beds   1.5 Baths   Single-Family

$66,420

Status: Inactive Listing ID: 6695781

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=7607-Vernwood-St-Houston-TX-77040

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