Apr 20
SOLD-
Double wides are supposed to look “one way” for the most part, but this one differs. Instead of the usual rectangle this one has an 12′ x 27′ extension which makes it unusually large in its 1,768 sq.ft stamp. The home sets on a concrete block crawl space foundation, country setting on the 1.29 acres with its detached barn/garage. The homes condition is excellent considering it was built in 1993, someone took great care and it shows. 3 bedrooms 2.5 baths. Master bath has a garden tub. You should SEE the kitchen (photos below) BID deadline is April 26th. Financing is key and therefore you are going to need a HUD experienced agent. Being advised incorrectly, as many buyers have had done because of the lack of know-how in the industry has caused them to lose the winning bid on a HUD home. Call agent Patti Bush 315-420-3411, we have sold over 350 HUD homes collectivily.
The tax assessment is $100,000, so your taxes would be approx. $3,900 a year without the STAR exemption, $3,200 with. HUD list price is $63,000. DIRECTIONS
Apr 17
SOLD-Originally placed on the market by HUD in November of last year for $55,000. Address is 142 Brookfield Rd. in Mattydale. I think it sold very quickly once they lowered the price to $49,500. It is a 4 bedrooms and 3 bath, 1,500 sqft. cape cod home built in 1940. With a two car garage on a 50′x167′ corner lot. Bid deadline for owner occupant is April 21st and investors can take a swing at it if not sold the following day. Tax assessment has it valued at $96,500. So your taxes before the STAR program will be approx. $3500 a year.
Now you could just call any realtor on this HUD home BUT, there are special secret methods available to Adolfi Real Estate customers that will give you some added advantage in the sealed bidding process by working with us.
Also please understand, because many realtors do NOT specialize in this niche market, there is a general unawareness on how to finance a HUD home. This results in the homes, like this one, going back on the market. At Adolfi Real Estate we specialize in HUD homes.
Take a drive by and call Patti Bush for your showing. Patti’s cell 315-420-3411. DIRECTIONS
Apr 06
SOLD $37,500-Fulton, a city of 12,000 has had a constant flow of HUD homes over the years. Not a tremendous amount, but due to the concentration of homes in a given area as a city you’ll see more, about average or a bit above average. I lived in Fulton for 11 years and found it to be quiet and plesant place where I could sleep with unlocked doors.
Today we have a 3 BR 1.5bath 1217 sq.ft. home in the city limits. The roof looks less than 5 years old. The aluminum siding could use a paint job. There’s a 50+ year old furnace that looks like so retro, if you could put wheels on it you’d be the envy at Sweet Inspirations on a Saturday night.
Some paneling needs to be replaced with sheet rock, the hot water tank (gas) is missing. Countertops and kitchen cabinets need replacing and the floor covering throughout I would replace. I’m making this sound like a no-so-good home and really on the contrary, I’m just being critical, actually it is a very liveable home as-is (after you get a hot water tank). There may be some hardwood flooring lurking under the carpets that need further investigation. The tax assessment is $53,000, it sold in 2002 for $66,850. HUD’s list price for owner occupants only is $31,000. Bidding ends this coming Sunday the 12th of April. Investors can bid on the 13th. The address is 453 5th St. South, Fulton, NY DIRECTIONS
Apr 02
SOLD:
There are about 200-300 HUD homes sold every year in Syracuse and the surrounding area. The trend has not increased nor decreased for the last 20 years. Most HUD homes are single family. Once in a great while you will find a 2, 3 and very rarely a 4family.
306 Bear St. in Syracuse is a 4 family HUD home. There are 6 total bedrooms, so its a 2-2-1-1. One heating unit, 4 gas and 4 electric meters. Built in 1940 with 2900 sq.ft. on a 53′x99′ lot. The assessed value is $75,000 and was sold in 1998 for $90,000 according to the tax records.
HUD rules for bidding state that only owner occupants can bid and that ends April 4 and investors may bid after that. List price is $25,000
DIRECTIONS
Double wides are supposed to look “one way” for the most part, but this one differs. Instead of the usual rectangle this one has an 12′ x 27′ extension which makes it unusually large in its 1,768 sq.ft stamp. The home sets on a concrete block crawl space foundation, country setting on the 1.29 acres with its detached barn/garage. The homes condition is excellent considering it was built in 1993, someone took great care and it shows. 3 bedrooms 2.5 baths. Master bath has a garden tub. You should SEE the kitchen (photos below) BID deadline is April 26th. Financing is key and therefore you are going to need a HUD experienced agent. Being advised incorrectly, as many buyers have had done because of the lack of know-how in the industry has caused them to lose the winning bid on a HUD home. Call agent Patti Bush 315-420-3411, we have sold over 350 HUD homes collectivily. 
