This is a HUD Home that the government's Department of Housing and Urban Development foreclosed on after the original owner stopped making payments. This home is sold via an auction process whereby the highest bidder wins the home, but usually at prices affordable for lower-income families. Owner-occupants are given preference before investors. The list price is provided but any reasonable bid may be submitted. All bids must be issued through a registered HUD agent.
With a current price of $88,117 and a mortgage rate of 4.0%, someone purchasing this property could expect to have a monthly payment of $456. This assumes a 20% down payment of $17,623, a high credit score and a 30 year fixed-rate mortgage. You can use the mortgage calculator to estimate the monthly payment with different values.
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This property listed is located in Truxton NY. The property is listed as having has 960 sq. ft., and 3 bedrooms. You may also be interested in Truxton NY home values, Truxton NY apartments, or New York home loans. Need more help? You may want to try our mortgage calculator or directory of New York real estate agents.