Foreclosure Home You have to See

Asking Price: $254,900


Estimated Value: $278,000


Suggested first offer with signed buyers agreement: $225,000

 

Special Financing

* 3% downpayment for owner occupants, 10% for investors (by contrast, 30% is typical for investors these days)
* no requirements for appraisal on a house
* no private-mortgage insurance (PMI)
* qualified borrowers need only have a credit score as low as 660
* Other restrictions apply but call for details