Adolfi Real Estate

Just look at this beautiful HUD home in New Hartford. 1,950 sq.ft. raised ranch with a vinyl andbrick front. Two car garage, built in 1976 on a 90′x226′ lot. Address is 13 Clintonview Rd., New Hartford, NY DIRECTIONS

Now here’s some of the inside info.  Assessed value is $123,900.  Sold in 2001 for $136,740.  HUD’s asking price is $115,000.  Some closing costs HUD can pay.  Call John Adolfi for the rest of the story 315-952-2671.  Bid deadline is Sunday December 27th at midnight.

HUD’s are typically single family.  However 2-4 family HUD homes can and do get purchased and foreclosed on by people who originally wanted to live in them and use the other units to help pay the mortgage. 

In the county of Monroe actually more specific in Irondequoite sets this 3 family HUD home. With 5 bedrooms and 3 baths this home could fill the need of an extended family arrangement or for an investor looking to increase the size of their investment portfolio.

Here’s a HUD Home Buying Secret I want to share with you.  As of early 2009 investors can purchase HUD homes with FHA investor financing!  I’m serious. Surprised?  I was!  In this case it’s only 15% down for a multifamily (25% for single).  Now don’t get too excited and pick up the phone and call your mortgage company asking them about this FHA financing for investors.  There will, I guarantee, be a long silence.  They do not know yet it exists. 

This home is assessed for $120,000.  Appraised for $120,000.  HUD’s asking price is $120,000.  The savings may be at the moment or early next year.   You got to be patient with HUD’s.  However take a drive by and then call me. We can then talk strategy. The address is 209 Clark Ave. DIRECTIONS   Call me with any questions.  315-952-2671   John. 

Want to know how a real estate magician does his tricks?  Check out HUD Home Buying Secrets.  You’ll receive the latest in HUD information plus my HUD secrets to save you 30-50+% on your next purchase. Satisfaction or your monrey back I mean it.  No questions asked.  Since I’m only one person you may need this to help your current realtor guide them through the process. I’ll be raising my prices with the new year to $47. So order now while you can get for nearly half that. Here it is Ta-Da presto chango… HUD Secrets

When a HUD home goes through it’s list of inspections, an FHA appraiser is one on them to determine the AS-IS value. One of my  HUD Home Buying Secret’s is that if you buy a HUD you can “reuse” the appraisal most of the time saving you time and $350.  In July of 09 this 3-4 bedroom 2 bath raised ranch appraised for $95,000.  It is currently tax assessed for $115,000.  HUD’s new asking price is $85,500 but the inside info is even better than what I’ll share with you here.

There is a .31 (1/3) acre lot, finished basement, aluminum siding ocer 2,000 sqft., a stove, frig and dishwasher.  You can either finance this FHA and remodel as you go after the closing out of pocket or you can use the 203K rehab loan and polish it up right after closing, essencially financing the fix up costs.  And yes HUD can pay for some of your closing costs about $2,400.  Call me for more info and make sure you get qualified by a bank, HUD insists.  Call John 315-952-2671  DIRECTIONS                517 Valley Drive. West, Chittenango     Available immediately.

That’s right, not a doublewide but a full fledged 1300 sq.ft ranch on a crawl space on 3/4 acre for $54,600.  Granted the location is between Rome and Central Square but the value is incredible.  3 bedrooms and 2 full baths. In 2003 someone bought it for $81,500 and is currently assessed for $95,100.  HUD even appraised it  AS-IS for $78,000 a few months ago.  So there it sits on the “Isle of real estate misfits” awaiting Santa and his elves to bring this home to some deserving family or even an investor to hold or flip.  Call John ASAP for your showing. 315-952-2671. DIRECTIONS 104 North St.

From the picture it looked small and then the discription stated it was a two bedroom.  A real sleeper if you ask me.  Then I did what anyone needs to do before they pass judgement, go and take a look.  Which I did and wow there was alot more to this home than I expected.  I’d like to invite you drive by this HUD home and then call me for details on how HUD homes work.  The address is 823 Emery St. on the east side of the city of Fulton.  If you are an investor looking to flip? you can purchase and other HUD homes and not have to live in them. You just need to know when to bid.  Asking price is $38,500.  I can guide anyone looking to improve themselves financially with these money saving investments. Call me, John Adolfi 315-952-2671.  Sold 278 so far and I love HUD homes.

Located just east of Hafners Red Barn is this HUD enigima. At 5255 Taft Rd. West is this two story 3 small bedrooms and 2 full baths one plus car garage property.  HUDs asking price is $56,900.  Our estimated repairs are $25,000. This brings the property within $10,000 of its market value.  Not much savings and having to have all the work done AND being so close to the road, hmmm. However take a look next door.  There is a big lot and then an AutoZone.  However the lot under the house is zoned residential.  My thought is using this as a home office or change the zoning and go commercial.  Available for all bidders. Call John 315-952-2671  details.  DIRECTIONS