Description
**CONDEMNED PROPERTY ** ESTIMATED REPAIRS OF AT LEAST $75,000 **Please allow 48 Hour Notice for showings. Listing agent must be present for all showings. DEED RESTRICTION WITH TERM OF 15 YRS. **MUST BE OWNER OCCUPIED OR SOLD TO AN OWNER OCCUPANT WITHIN 80% OF HUD MEDIAN INCOME. RACL MAY CONSIDER THE PROPERTY TO BE A RENTAL (TENANT INCOME LIMITS AND MAX RENTAL % APPLY)--SEE DETAILS ON BRIGHT.BUYER MUST SHOW PROOF OF FUNDS SUFFICIENT TO PURCHASE AND REHAB THE PROPERTY AT THE TIME THE OFFER IS SUBMITTED. NO LIENS ALLOWED ON THE PROPERTY FOR FINANCING. Liability waiver must be signed before showing. All offers must be submitted by 3 pm ON 6-7-22 to the listing agent along with proof of funds and a $1,000 earnest deposit check made payable to RACL. All parties must be present at the Board Meeting on 3rd Tuesday of the month at 5:15 pm. See additional docs on Bright for instructions/property condition info. Do NOT use PAR docs for offers!
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Courtesy of: Home 1st Realty Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 17th May, 2022 7:53 PM (UTC)
