805 S Cedar Rd Jenkintown, PA 19046

OPEN HOUSE Sunday, May 31st from 1 PM until 3 PM. LAST DAY TO PLACE YOUR BID on the first round for owner occupants will be Saturday, June 6th at midnight!!! You may place your highest and best bid during the OPEN HOUSES. HUD-OWNED: Just an amazing value in one of the most desirable neighborhoods and one of the nicest single homes we've ever offered in the Jenkintown/ Rydel areas and the absolute best buy we've ever offered in this area?. at least $40,000 under market value. Property, which is being sold 100% "AS IS", is just minutes from shopping, restaurants, public transportation- Fox Chase local commuter rail line to Center City Philadelphia and other conveniences. This remarkable HUD owned home is only 62 years old and will be available to OWNER OCCUPANTS for 15 days beginning Thursday, May 28th, 2015, All bids are consider simultaneous for the first 10 days, meaning bids for the first 10 days are reviewed day 11. Investors are invited to place an offer on day 16 which is Wednesday, June 11th, 2015 if not sold to an owner occupant during the first 15 days. Bids opened the next business day. ALL BIDS WILL BE REVIEWED & CONSIDERED. This property is classified as "IE" insured with escrow- meaning FHA 203B financing available to qualified owner occupant buyers. FHA 203K re-hab financing is also available to qualified buyers. Also special interest free loan up to $6,000 from state plus an additional possible 3% seller assist to all qualified buyers. Naturally CASH and CONVENTIONAL financing is always welcomed. Special first time buyer FREE GRANTS available to those that qualify for $5,000. This is a FREE GRANT. HUD is NOT involved in the first time buyer grants. HUD DOES NOT pay any transfer taxes or local certificate of occupancy. This is at the buyer's expense. See attached PCR inspection report. "EQUAL HOUSING OPPORTUNITY". The separation wall between bedrooms 1 and 2 on the first floor have been removed therefore making it a 3 bedroom that could easily be converted back to a 4 bedroom home. Also the garage door has been removed and sided over. The garage remains and easily converted back to a garage. Dampness smell in basement. Directly across the street from active beautiful horse farm. Minutes from Holy Redeemer Medical Center and Hospital. Minutes from Fox Chase rail line and major shopping centers. Outstanding school system. All buyers MUST be pre-qualified from a recognized lenders that will lend on "AS IS" properties. EQUAL HOUSING OPPORTUNITY.