$26,573

3 Beds   1 Bath   1,324 Sq. Ft.
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Lee St
Martin, MI 49070

Overview

This Foreclosure is located at Lee St, Martin, MI 49070. It has 3 Beds, 1 Bath , 1,324 sqft of living space. This property is currently bank owned.
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Status: Inactive
Listing ID: 28909469

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Property Information

  • Price: $26,573
  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,324
  • Total Rooms: 5
  • Style: Bungalow
  • Parking: None
  • HOA Fees: $0
  • Year Built: 1912
  • Source ID: 263-367102
  • Additional Information: FHA Financing: UI (Uninsured), 203K Eligible: Yes, Repair Escrow: $0.00
  • Day(s) On Site: 4080
  • Subdivision: SHEPHERD
  • Appraised Value: $50,000
  • Input Date: 12-14-2011

Potential Home Value

This property has untapped potential!

Current Value
$26,573
Potential Value
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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Basement Sqft: 416
  • Parking: DETACHED GARAGE
  • Parking Sqft: 768
  • Exterior Wall Type: ALUMINUM/VINYL
  • Land Area Sqft: 21,388
  • Year Built: 1912
  • APN: 42-500-008-00
  • Property Type: Single Family Residence
  • Township: VILLAGE OF HOPKINS
  • Front Footage: 126
  • Depth Footage: 198
  • Living Sqft: 1,315
  • Garage: DETACHED
  • Subdivision: SHEPHERD
  •  

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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foreclosure.com

Lee St
Martin, MI 49070

3 Beds   1 Bath   1,324 sq. ft.

$26,573

Status: Inactive Listing ID: 28909469

Property Information

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Public Records

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Property Description

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Listing URL

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