$41,300

3 Beds   1 Bath   1,152 Sq. Ft.

802 2nd Ave, Malvern, IA 51551

Overview

This Foreclosure is located at 2nd Ave, Malvern, IA 51551. It has 3 Beds, 1 Bath , 1,152 sqft of living space. This property is currently bank owned.
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Status: Inactive
Listing ID: 13360530

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Property Information

  • Price: $41,300
  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,152
  • Year Built: 1910
  • Day(s) On Site: 5049
  • Assessed Value: $55,000
  • Case Number: 161-211290
  • Deposit: $880
  • Input Date: 10-17-2008

Potential Home Value

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Current Value
$41,300
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
05/05/08 06/03/08 Preforeclosure
foreclosure.com

2nd Ave
Malvern, IA 51551

3 Beds   1 Bath   1,152 sq. ft.

$41,300

Status: Inactive Listing ID: 13360530

Property Information

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=802-2nd-Ave-Malvern-IA-51551

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