201 Herkimer St Allegan, MI 49010

HUD Home – 4 bedroom home, 1,629 sq. ft., in the City of Allegan on a corner lot w/1 stall detached garage & fenced back-yard. Home features wood floors, formal dining room, main floor laundry, enclosed back porch, 1 bedroom on the main and 3 bedrooms on the upper level. Full unfinished basement with lots of storage. Central Air. If home built before 1978 – include LBP Addendum. Seller does not guarantee or warrant that the property is free of visible or hidden structural defects, termite damage, lead based paint, or any other condition that may render the property uninhabitable or otherwise unusable. A final list of repairs, if applicable, will be determined by the lender and buyer's appraisal. The repair escrow amount is the financial responsibility of the purchaser. HUD will not provide a copy of the appraisal, which is obtained for marketing purposes only. If a purchaser is securing financing, their lender will take appropriate steps to determine if they must obtain an appraisal, including reviewing Mortgage Letter 2015-17. All appraisals obtained by the lender are at the purchaser's expense, and the purchaser must pay in cash the difference between the bid amount and the appraised value. Effective for all endorsements (including pipeline applications) on and after September 14, 2015, ML 2015-17 eliminates the use of the list price of the HUD REO property in determining the maximum mortgage amount.