4126 PAUL ST Philadelphia, PA 19124

This great home in Frankford last sold in May of 2006 for $69.900. Look at today's HUD OWNED price of $32,000. No Kidding!!This HUD OWNED Property, which is being sold 100% "AS IS", is just minutes from shopping, restaurants, public transportation and other conveniences. Will be available to OWNER OCCUPANTS for the first 15 days beginning, JULY 31st, 2015 and for 15 days for owner occupants. All bids are consider simultaneous, meaning bids for the first 10 days are reviewed day on 11 Investors are invited to place an offer on day 16 if not sold to an owner occupant during the first 15 days. Bids opened the next business day. ALL BIDS WILL BE REVIEWED & CONSIDERED. This property is classified as IE-insured with TBD escrow per the buyers FHA new appraisal. FHA 203B financing is available to qualified buyers only. FHA 203K re-hab financing is available to qualified buyers. Also special interest free loan up to $6,000 from state plus an additional possible 3% seller assist to all qualified buyers. Possible $5,000 FREE GRANT to qualified first time buyers. Naturally CASH and CONVENTIONAL financing is always welcomed. HUD does NOT participate in any grant program. HUD DOES NOT pay any transfer taxes or city certificate of occupancy. This is at the buyer's expense. See attached PCR- (property condition report) inspection report. "EQUAL HOUSING OPPORTUNITY". Choose your lender, if using one, very carefully as some utilities can NOT be activated for any inspections and/or appraisal. Great opportunity for that FIRST TIME buyer to get a semi-fixer upper at a super price. Remember, high NET bid wins all others lose. NOT OPEN FOR PUBLIC BIDDING UNTIL JULY 31st, 2015