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St Tammany, Tangipahoa and Washington Parish Louisiana March 7, 2010

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  • Visit my blog great real estate resources & articles

    Covington Real Estate Expert Real Estate 101 Real Estate 911

    NorthShore Native NorthShore Expert!

    Betty Anne Burns Broker, Realtor and Instructor

    Northshore Area Board of Realtors Award Winner

    ePro

    SELL Phone (985) 630-1755 Top Agent Realty, Inc., 74358 Hwy 25, Covington, LA 70435 Each Office Independently Owned and Operated

    HUD HOMES

    FOR SALE

    ST. TAMMANY

    TANGIPAHOA

    WASHINGTON PARISH

  • Visit my blog great real estate resources & articles

    Covington Real Estate Expert Real Estate 101 Real Estate 911

    NorthShore Native NorthShore Expert!

    Betty Anne Burns Broker, Realtor and Instructor

    Northshore Area Board of Realtors Award Winner

    ePro

    SELL Phone (985) 630-1755 Top Agent Realty, Inc., 74358 Hwy 25, Covington, LA 70435 Each Office Independently Owned and Operated

    Property Listings.3-5

    Terms & Definitions.6-9

    Betty Anne Burns

    Broker, Realtor & Instructor

    NorthShore Native... NorthShore Expert!!

    Keller Williams Realty Services

    "SELL" Phone (985) 630-1755

    [email protected]

    www.BaBurns.com

  • Visit my blog great real estate resources & articles

    Covington Real Estate Expert Real Estate 101 Real Estate 911

    NorthShore Native NorthShore Expert!

    Betty Anne Burns Broker, Realtor and Instructor

    Northshore Area Board of Realtors Award Winner

    ePro

    SELL Phone (985) 630-1755 Top Agent Realty, Inc., 74358 Hwy 25, Covington, LA 70435 Each Office Independently Owned and Operated

    Address: 1208 DOVERVILLE CT, SLIDELL LA 70461

    (Saint Tammany )

    Price: $112,500 As-Is Value: $112,500 Bed/Bath: 3/2 Sqft: 1,549

    Year: 2001 Financing: Insured W/Esscrow (IE)

    List Date: List Type: Bid Deadline: Daily at 23:59:59

    Priority: All Bidders

    Address: 201 NUNEZ RD, SLIDELL LA 70460 (Saint Tammany)

    Price:$72,900 As-Is Value:$100,000 Bed/Bath: 3/2 Rooms:

    Sqft: 1,631 Year: 1999

    Bid Deadline: Daily at 23:59:59

    Priority: All Bidders

    Address: 59180 PULESTON RD, AMITE, LA

    (Tangipahoa)

    Price:$44,550 As-Is Value:$55,000 Bed/Bath: 3/2 Sqft:1,123

    Financing:Insured W/ESCROW

    Bid Deadline: 03/14/10 at 23:59:59

    Priority: Owner Occupant

  • Visit my blog great real estate resources & articles

    Covington Real Estate Expert Real Estate 101 Real Estate 911

    NorthShore Native NorthShore Expert!

    Betty Anne Burns Broker, Realtor and Instructor

    Northshore Area Board of Realtors Award Winner

    ePro

    SELL Phone (985) 630-1755 Top Agent Realty, Inc., 74358 Hwy 25, Covington, LA 70435 Each Office Independently Owned and Operated

    Address: 2105 JAY ST, SLIDELL LA 70460

    (Saint Tammany )

    Price: $91,800 As-Is Value: $102,000 Bed/Bath: 3/2 Sqft: 1,107

    Year: 1999 Financing: Insured (IE)

    List Date: 03/05/10 List Type: Reduction

    Bid Deadline: 03/14/2010 23:59:59

    Priority: Owner Occupant

    Address: 2167 PARK DRIVE, SLIDELL LA 70458 (Saint Tammany)

    Price:$130,500 As-Is Value:$130,500 Bed/Bath:3/2 Rooms:7Units:1

    Sqft:1,452 Year:1983

    Bid Deadline:03/14/10 at 23:59:59

    Priority:Owner Occupant

    Address: 1415 ADMIRAL NELSON, SLIDELL LA 70458

    (Saint Tammany)

    Price:$80,000 As-Is Value:$80,000 Bed/Bath:3/2 Sqft:1,447

    Financing: UnInsured (UI)

    Bid Deadline: Daily at 23:59:59

    Priority: All Bidders

  • Visit my blog great real estate resources & articles

    Covington Real Estate Expert Real Estate 101 Real Estate 911

    NorthShore Native NorthShore Expert!

    Betty Anne Burns Broker, Realtor and Instructor

    Northshore Area Board of Realtors Award Winner

    ePro

    SELL Phone (985) 630-1755 Top Agent Realty, Inc., 74358 Hwy 25, Covington, LA 70435 Each Office Independently Owned and Operated

    Address:23578 TASSIN LANE, PONCHATOULA LA 70454

    (Tangipahoa)

    Price:$36,450 As-Is Value:$50,000

    Bed/Bath:3/2 Sqft:1,140

    Financing:Insured (IN)

    Bid Deadline:03/07/10 at 23:59:59

    Priority:Owner Occupant Address:6 HUCKLEBERRY ST, PONCHATOULA LA 70454

    (Tangipahoa)

    Price:$126,000 As-Is Value:$140,000

    Bed/Bath:3/2 Sqft:1,547

    Financing:Insured (IN)

    Deadline:Daily at 23:59:59

    Priority:All Bidders

  • NorthShore Native NorthShore Expert!

    Betty Anne Burns Broker, Realtor and Instructor

    Northshore Area Board of Realtors Award Winner

    ePro

    SELL Phone (985) 630-1755 Top Agent Realty, Inc., 74358 Hwy 25, Covington, LA 70435 Each Office Independently Owned and Operated

    Address:126 BIENVILLE DR, SLIDELL LA 70458

    (Saint Tammany)

    Price:$72,900 As-Is Value:$100,000 Bed/Bath:3/2 Sqft:2,079

    Year:1979 Financing:Insured (IN)

    Deadline: Daily 23:59:59

    Priority: All Bidders

    Address:320 BOGIE DR, SLIDELL LA 70460

    (Saint Tammany)

    $76,108 PRICE REDUCTION

    Price:$84,564 As-Is Value:$116,000 Bed/Bath:2/1.1 Sqft:1,291

    Financing:Insured with Repair Escrow (IE)

    Bid Deadline:Daily

    Priority:All Bidders

  • Visit my blog great real estate resources & articles

    Covington Real Estate Expert Real Estate 101 Real Estate 911

    NorthShore Native NorthShore Expert!

    Betty Anne Burns Broker, Realtor and Instructor

    Northshore Area Board of Realtors Award Winner

    ePro

    SELL Phone (985) 630-1755 Top Agent Realty, Inc., 74358 Hwy 25, Covington, LA 70435 Each Office Independently Owned and Operated

    Address: 535 FIFTH ST, PEARL RIVER LA 70452

    (Saint Tammany )

    $46,170 PRICE REDUCTION

    Price: $51,300 As-Is Value: $57,000 Bed/Bath: 3/2 Sqft: 1,184

    Year: 1999 Financing: Insured (IN)

    List Date: 01/29/10 List Type: Reduction

    Bid Deadline: Daily at 23:59:59

    Address:804 ASHEVILLE DR, SLIDELL LA 70458

    (Saint Tammany)

    Price:$64,800 As-Is Value:$80,000 Bed/Bath:2/1.5 Sqft:1,269

    Financing:Insured (IN) Bid Deadline:03/07/10 at

    23:59:59

    Priority:Owner Occupant

  • Visit my blog great real estate resources & articles

    Covington Real Estate Expert Real Estate 101 Real Estate 911

    NorthShore Native NorthShore Expert!

    Betty Anne Burns Broker, Realtor and Instructor

    Northshore Area Board of Realtors Award Winner

    ePro

    SELL Phone (985) 630-1755 Top Agent Realty, Inc., 74358 Hwy 25, Covington, LA 70435 Each Office Independently Owned and Operated

    WHAT IS A HUD HOME? When payments are not paid on a mortgage insured by the Federal Housing Administration (FHA), the lender (mortgagee) forecloses, or accepts a deed-in-lieu. The mortgagee files a claim with the Department of Housing and Urban Development (HUD) for the unpaid principal balance and conveys title of the property to HUD. Once conveyed, the M & M Contractor (Cityside Management) then begins the maintenance and marketing of the property.

    WHO CAN SELL A HUD HOME? Only HUD registered real estate brokers and their sales agents may submit electronic bids for HUD owned properties on behalf of buyers. HUD registered brokers may also advertise HUD Homes provided that they include the fair housing logo, identify the home as HUD owned, do not advertise as distressed or foreclosure sale, and do not represent listing as exclusive.

    WHO CAN PURCHASE A HUD HOME? Any individual regardless of race, color, sex, religion, national origin, handicap or familial status may purchase a HUD home. Prospective buyers must use a HUD registered Broker and must have a pre-qualification letter from a lender. Cash buyers must provide proof of cash funds in the amount of or greater than the purchase price of the property.

  • Visit my blog great real estate resources & articles

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    OWNER OCCUPANT PRIORITY BID PERIOD During the initial 10 day bid period, priority will be given to purchasers who are owner occupants. An owner occupant is a purchaser who will live in the house as their pri-mary residence for at least one (1) year and may not purchase another HUD home for two (2) years.

    INVESTORS Investor bids may not be submitted during the 10 day owner/occupant priority period.

    Investors may only bid after the 10 day owner/occupant period has expired. All investor bids will be opened daily on the following business day. Bids received throughout the day shall be considered to be received simultaneously.

    DAILY - ALL BIDDERS Any properties not sold during the 10-day owner/occupant priority will be placed in this category and will remain for all bidders until a price reduction or the property is sold.

    AS IS POLICY All HUD homes are sold strictly AS-IS. HUD does not make repairs on any property. There are no representations, or warranties, expressed or implied on the HUD homes. HUD does not guarantee the condition of any property, regardless of its FHA insurability. The property may or may not meet local code or zoning requirements. It is the buyers responsibility to investigate compliance with local regulations. Agents should encourage buyers to have a home inspection conducted by a qualified home inspector to satisfy them as to the condition o