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Finding A Foreclosed Home For Sale in Flower Mound Texas..Pat O'Reilly

Posted by OReilly and Associates in Dallas-Fort Worth-Arlington, TX on Jun 23, 2009

Looking for a Foreclosed Home For Sale In Flower Mound Tx??

FHA, Federal Housing Administration recently released the new plan to allow first time home buyers to use the $8000 federal tax credit to be used for the purchase of their home. This has been announced in the past but put on hold. This new Federal Housing Administration rule allows first-time homebuyers using FHA financing to obtain a short term loan from state housing finance agencies and certain non-profits for 10 percent of the home's price, up to the full amount of the tax credit.

Home buyers still have to come up with the original Federal Housing Administration required 3.5 percent down payment themselves. This can come about in a series of ways. Gifting from relatives is an option.

To find a HUD registered real estate professional to view this property, click here.

For more information about HUD homes, click www.poreilly.rmdfw.com

Property Information

Property #:

492-612445

Type:

Residential - Single Family

Address:

5416 CARRIAGE CT
FLOWER MOUND, TX 75028

County:

DENTON

List Price:

$120,000

As-Is Value:

$120,000

Property Channel:

Government Foreclosure

New Listing

Listing Date:
06/19/2009

Deadline:
06/28/2009 11:59:59 PM

Bid Period:
Government - General, Owner Occupant

Preview Contract Package Example

Broker/Non Profit/Gov Agency

You must be a licensed Real Estate Agent to submit an offer on BidSelect.

Details

Description/Features

Beds: 3	Baths: 2.5	Family Room:
Kitchen: 1	Dining Room: 1	Living Room: 1
Den:	Units: 1	Parking Structure: Attached Garage
Year Built: 1985	HOA Fees:	HOA Frequency:
100-Year Floodplain: No	203K Eligible: Yes

Choose FHA financing to qualify for $100 down payment. Ask your Agent for details. Spacious 3 bedroom 2.1 bath home located in the heart of Flower Mound. This home features an open floor plan with large rooms great for entertaining. All bedrooms are good size with large closets. There are two living areas: one upstairs and one down. Great home for a growing family. Eat in kitchen with breakfast bar and family room has wood burning fireplace with gas starter. 2061 square feet-information is from the FHA Appraisal and is deemed reliable but not guaranteed.

Click here to view the Property Conditions Report and Lead Based Paint Disclosures as applicable.

FHA Financing Insurability

Insured With Escrow

Repair Escrow

Cost

Repair and repaint exteriro wood trim and siding as needed

$1,500

Repair ceiling as needed

$1,000

ESCROW TOTAL

$2,500

110% OF ESCROW TOTAL

$2,750

Visit patohomes.com to get information on Irving and Flower Mound Real Estate Agent and Real Estate Homes for Sale in Irving and Flower Mound Texas . All MLS listings are available no matter what Irving Real Estate Companies or Irving real estate agent have it listed. This is a great time to be a home buyer in Irving no matter if you are looking for foreclosed homes for sale, land for sale or luxury homes for sale. This is an incredible opportunity to buy your Irving and Flower Mound Texas Home For Sale. Do not miss out on the lowest mortgage rates in the last 30 years. Looking for a great Irving and Flower Mound Real estate Agent?? Patohomes.com This is the time to buy!! Call me at 214-289-6176 for any Irving Real Estate questions.