$129,900


3 Beds   2 Baths   Single-Family

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Big Springs Rd
Elizabethton, TN 37643

Status: Inactive
Listing ID: 24329636

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Property Information

  • Price: $129,900
  • Bedrooms: 3
  • Bathrooms: 2
  • Number of Units: 1
  • Kitchen: 1
  • Garage Description: Built-In Garage
  • Year Built: 2001
  • Source ID: 481-295592
  • Assessed Value: $129,900
  • Property Type: Single Family Dwelling
  • Input Date: 09-10-2010
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Potential Home Value

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$129,900
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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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Auction Information

  • Auction Date: 10-27-2010

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Big Springs Rd
Elizabethton, TN 37643

3 Beds   2 Baths   Single-Family

$129,900

Status: Inactive Listing ID: 24329636

Property Information

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Property Description

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