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1809 Cedar Street, Davenport, Iowa 52804: HUD Acquired Foreclosure Property: Price Reduced to $79,700!!!

By Paul David Hiebing

Real Estate Agent with Grampp Realty: Real Estate in the Quad-Cities Iowa : # S40848000

July 31, 2009 05:22 AM

Davenport Iowa Foreclosure Real Estate:

1809 Cedar Street, Davenport, Iowa 52804: HUD Acquired Foreclosure Property: Price Reduced to $79,700!!!

"Call Paul" @ (563) 508-1649, to reserve your own personal tour of this home now that it is available for purchase. Or, you can call me for information on how to purchase ANY other HUD acquired foreclosure property, or for a list of any other Bank-Owned foreclosure properties available in the Quad-City Area.

The following home is now available for viewing and puchase:

1809 Cedar Street, Davenport, Iowa 52804

3 Bedrooms, 1 Full Bath, 1,032 Square Feet on Main and Upper Levels.

Full, Unfinished Basement.

Detached 2 Car Garage

List Price: $79,700

Sold Strictly in "As-Is, Where-Is" Conditon. Seller will make no repairs or concessions.

List Date: Friday July 31, 2009

Bidding Deadline: Sunday August 9, 2009 @ 11:59 PM (Owner Occupant Only)

Investor (With Owner Occupant Preference) Bidding Begins: Monday August 10, 2009

Scott County, Iowa Assessor Information: http://www.scott.ia.promap.com/pmc/davenport_report2.asp?pid=H0001-27

Scott County, Iowa Treasurer Information: http://www.scott.ia.promap.com/pmc/summary_report.asp?pid=H0001-27

Please feel free to give me a call @ (563) 508-1649 for answers to any/all of your Real Estate questions!!

"Call Paul" @ (563) 508-1649, For Information on how to $ave Big with Iowa Finance Authority!

Paul David Hiebing, REALTOR

"The Quad-Cities Premier First-Time Homebuyer's Specialist"

Licensed in the State of Iowa Since 2000. Licensed in the State of Illinois Since 2001.

Grampp Realty/GMAC Real Estate
2500 18th Street
Bettendorf, Iowa 52722
Website: http://www.gmacrealestate.com/paulhiebing/
Office Phone:(563) 359-4401 Ext # 264
Cell Phone: (563) 508-1649
Office Fax: (563) 359-4405

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Anonymous

Dennis

it says list date july 31 but I say this listed weeks ago. what up?

Jul 31, 2009 10:11 PM

Paul David Hiebing

Grampp Realty: Real Estate in the Quad-Cities - Bettendorf, IA

Quad-City REALTOR®, @ Grampp, Realty of The Q.C.

Dennis, with every HUD foreclosure home, every time there is a price reduction, it is considered a brand new listing... that's just the way HUD operates..... it's part of the government... so it does not make sense.

Their real reason for doing this is that for the first 10 days of every new (or price reduced) listing, the home is only available for owner-occupant purchases.... if you bid on the home and win the bid, you must agree to live in the home as your principal residence for the first year... you can not use it as a rental property or make a flip property out of it..

After the first 10 days, the home is open to investor purchases... if you bid on the home during that time and win the bid, you can use it as a rental or flip it....

In this case, the priced reduced listing date is Friday July 31, 2009......

The Owner-Occupant Only bidding period is from Friday July 31, 2009 until midnite on Sunday August 9, 2009...

If no owner occupant bids on it and wins the bidding process, the home is then available for investor bidding as of Monday August 3, 2009...

If you have any other quaestions, you can call me at (563) 508-1649 and I can answer them for you...

Paul H.

Aug 01, 2009 01:53 AM

1809 Cedar Street, Davenport, Iowa 52804: HUD Acquired Foreclosure Property: Price Reduced to $79,700!!!

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