H.U.D. Home. Available 2.19.20. Bid deadline 2.28.2020, and then Daily by 11:59 PM Central Time until sold. Year Built: 1970, Lot Size: 20,000 sq. ft. 3 Bedrooms, 1.5 Baths. Interior Square Feet: 1,486, as per appraiser. LBP. (IE) Insured w/ Escrow Repairs. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "AS IS" by elec. bid. ************************* Beautiful, quiet, and secluded corner property in picturesque Pennington, just far enough away from the busy hum of the highway, but yet close enough to neighborhood amenities and the College of New Jersey. Remarkable one level living in almost pristine condition is waiting patiently not only for your arrival but for the arrival of your guests as well. Three bedrooms, a centrally located full bath, and one-half bath off of the main Living Room foyer to accomodate busy mornings. Almost new laundry and folding area abut a newer Trex deck overlooking an expansive yard where a prior above ground pool once stood. Downstairs, you will find a remarkable discovery, a partially finished basement with even more living space, and a wet bar to wet your whistle. Several storage sheds adorn the yard area but are ready for your next garden project. This is very rare to find a home in this location and condition, so make plans to visit today! ************************* Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Buyer to verify additional information regarding flood zones and insurance. 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, Uses a septic system and a well. Any required system repairs will be the buyer's expense, Has a heating oil storage tank. Any required system repairs will be the buyer's expense. **************************** Repairs: Defective paint, Missing, and damaged flooring. **************************** 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.