Adolfi Real Estate

Ok, you do not see many HUD homes in the JD area. This one was priced at $115,000 but HUD just did their scheduled prioce reduction and is now $103,500. HUD lowers the price 10% every 30 days till it sells. This is just one key to knowing how to score property from HUD for 30%-50% below market value. There is more and that more is in my brain for you to use. But I digressed.

This home located on 142 Terrace View Rd. was built in 1957 has 1834 sqft. of living area. Has an assessed value of $100,000. Three bedrooms and a bath and a half. School district is JD. Gas forced air furnace, public water and sewer. Price is again $103,500. Can we do better on price at this stage? Before I give you all my secret HUD knowledge I need you to drive by, have an interest and call me 315-952-2671 ask for John Adolfi. DIRECTIONS

Off of Chase Rd. which is off of Hannibal St. tucked away on this short dead end street lies this 1988 HUD home. Is it a townhome? Yes technically, connected to next door but attached to the garage and you’d almost mistaken it for a single family home. Except for the holes in the sheetrock (naughty previous owners) the place is in good condition. Assessed for $69,000 and HUD looking to get $40,600 make for a very god deal. HUD will pay $1200 of the closing costs depending on the sale price. You must be preapproved by a NYS approved lender. We can direct you to one and qualifying is easy, 10 minutes on the phone.

Bid deadline is this coming Sunday Aug. 23rd. Call John at 315-952-2671 to know what to do next. Ooops sorry where was I, the interior has 3 bedrooms and 1.5 baths with a 1.5 car garage and a 69′x267′ yard. BTW when I met with the previous owners they gave me their survey. I just saved someone $200. It’s yours if you buy it from us.

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When a property comes back on the market the first question I get is. “What’s wrong with it?”  Actually the answer is What is wrong is the buyer or realtor? The house usually has very little to do with a re-list which we have here today. Lack of information and instruction catches alot of professional and sadly buyers as well. HUD’s can be tough until you unlock its secrets.

This property located at 1012 Hazelwood Ave. sold very quickly at the asking price of $73,000 a couple weeks ago.  The home is a modest 1,013 sq.ft. the lot is 50′x125.  It was purchased in 2006 for $79,900. It has a gas furnace, 3 bedrooms and one full bath. FHA insurable financing is available.HUD will pay 3% of your closing costs or approx. $2,000. The bid deadline for owner occupants is Tuesday Sept. 22.  Call me for a showing 315-952-2671 John.

DIRECTIONS