832 Fairmount Ave Trenton, NJ 08629

H.U.D. Home. New Listing Available 7.5.19. Bid Deadline: 7.14.2019, and then Daily by 11:59 PM Central Time until sold. Year Built: 1925, Lot Size: 200.00. 3 Bedrooms, 1 Baths. Interior Square Feet: 1405, as per appraiser. (IE) Insured w/ Escrow Repairs. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "AS IS" by elec. bid only. LBP. ******************************************************************** Sitting in the middle of one of the more picturesque parks in the city, this semi twin is waiting for your finishing touches to bring it back to life. Hardwood floors adorn a straight through construction built during a time when life was straight forward and simple. Side breezeway, with an amply sized wooden deck overlooking a scenic cityscape with a hidden rear driveway that awaits your green thumb. Side entry, front entry, rear entry, take your pick as you pile groceries from the local bodega or Super Walmart that are in fairly close proximity. A full front porch overlooking Franklin Park, makes one contemplate a friendly tennis match, or frisbee fun while admiring the local dog breeds being walked. Or, you could settle for a simple cup of tea while having leisurely talks with your next door neighbor. Pride of ownership is definitely there, so please do not wait before snatching this beauty! ********************************************************************Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.floodtools.com for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Estimated remaining economic life is below 30years; it is 25 years, Basement inspection is recommended to determine cause of water infiltration and the needed remediation. ***************************************************** Repairs: Plumbing system did not hold pressure. Missing bathroom sink, Replace missing floor covering, Peeling paint surfaces on windows. ***************************************************** For all bids accepted on or after October 1, 2016, the following incentives are available on properties within the Philadelphia HOC region (3P states): Buyers: $100 down payment on HUD Homes financed with FHA-insured financing. Agents: Real estate selling agents (agent for the buyer) get $500 for every HUD Home purchased with an FHA Rehab 203(k) loan. HUD homes being purchased with FHA financing may currently be available for HUDs $100.00 down payment program. To be able to take advantage of this great program, purchasers must be Owner Occupants, and use FHA financing to purchase HUD eligible $100 down properties. $100.00 Down Payment is a Limited time opportunity, and buyers must choose their own lenders. (Normal down payments for FHA home loan is 3.5%). The main reason HUD offers the $100 down payment program is to sell HUD foreclosed homes fast and to also to get owner-occupants into these homes. See attached addendum & Disclosures. For additional information contact the agent of your choice.