Upcoming auction taking place on this HUD/Banked owned property in San Diego, California. This property is located in a condo environment, this complex has a total of 16 units.
Daily bidding is being accepted on this unit. The bidding for owner occupied ends on 4-25-2010. Bidding is done electronically, and the offer must be present to HUD using a a HUD certified agent. This unit is a two bedroom two bath home with approximately 870 SF. Monthly HOA is approximately $171.00 a month.
HUD states that FHA finanacing is available. Escrow deposit is about $2,000. Monthly payment is approximately $539.00 @ 5.5% plus the HOA fee which is $171.00. Total $710.00. Yearly taxes are about $1250.00 a year. HUD is requiring a credit score of 620. On this property HUD will paid some of the buyers closing cost.
Opening bid is $98,000. To submit a bid contact: Lorraine or Loretta @ 760-945-6652. Crescent Moon Realty, Inc & Land N Sea Auctions.
Bidding is done on a electronic bases, and must be submitted to HUD by 4-25-2010. With results given on 4-26-2010.
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