With the most recent price drop on the HUD 4-Plex foreclosure in Nome there sure has been a lot of activity! Unfortunately everyone wants inspections & bids from contractors…which is certainly slowing down the process!
However I must applaud these cautious folks; it is especially important when buying any home AS IS that you take the time to get it inspected and to get actual bids from contractors before you purchase. While most defects in a property are obvious, many are hidden….and of course those are generally the most expensive ones!
HUD properties are sold AS IS, where is. HUD does not finance their homes, so you need to have your funds ready to go before placing your offer.
The address of the HUD Foreclosure in Nome is 107 E 4th Avenue. Take a look at the listing on the website http://www.nomesweethomes.com and email me for a copy of the appraisal, interior photo’s, and a plat map!