New Dyersburg Area Hud Foreclosure February 12, 2013

There is a new Dyersburg area hud foreclosure just listed today (February 12, 2013). This 3 bedroom 2 bath home is located at 150 Polo Drive near Dyersburg. I remember showing this home last year and it was in pretty good condition. According to HUD it will go FHA and no repairs should be required. There is some vandalism inside and outside the house so I expect HUD to change the repairs escrow amount for a FHA203k loan. The picture up above was taken last year when the property was listed as a regular sale.

This home will not be available for investors until March 11 so you still have time if you are an owner/occupant.

More information is available under the HUD foreclosures button over on the right side. Call or text Mike Frazier(HUD approved Realtor) if you would like to view and offer on this home. My direct number is 731-589-7841.

Dyersburg Area Hud Foreclosure Reduced-Newbern

This Dyersburg area Hud foreclosure in Newbern has just been reduced. 720 Westwind is now priced at $72,000. This 3 bedroom 2 bath home was built in 2000 and appraised recently for HUD  at $90,000.

The previous owner purchased this property in December 2000 for $74,500. This home needs some work but in my opinion a pretty good deal at $72,000.

Call or text me at 731-589-7841 to view and purchase this home. I am a registered agent with HUD so can sell you this home.

New Dyersburg Area Hud Foreclosure

 
This new Dyersburg area Hud foreclosure was just listed by Wendell Alexander. This house is located at 266 Copeland which is off Newbern Roellen road.

There is 1126'+/- of heated and cooled area  and this was built in 1972.

This brick 3 bedroom 1 bath home is priced to sell at $35,000. Call or text Mike at 731-589-7841 to view and purchase this house.

This Dyersburg Foreclosures Blog Still Very Active

A couple of days ago a guy called me and said he has been following my Dyersburg foreclosures blog but wasn't sure if I was still active with it. Let me assure everyone reading this that I am still on top of Dyersburg area foreclosures and will continue to share them with you here.

If you are new to this site, please check out the buttons over on the right side as that is where you will find most of the foreclosures here in our area.

Yesterday I showed the Hud foreclosure(look under HUD button over on the right side) on Charles Moore Road and at $51,000 that is a good deal especially for the first time buyer.

Please feel free to contact me like the guy did a couple of days ago. I am now helping him find a foreclosure. My direct number is 731-589-7841.

Dyersburg Rental Property Hud Foreclosure

There is a new Dyersburg rental property hud foreclosure that has been listed almost 2 weeks now. It is a brick 2 bedroom 1 bath duplex located at 101 Crawford Street.

This duplex was built in 1965 and was previously purchased in 2007 for $72,575. The current tax appraisal is $69,000 which reflects that some repairs are needed. Currently the bid period is for owner occupants and if you are getting a FHA 203K loan, repair money of $1650 is available as part of the deal.

If you are an investor, you should be able to bid on this property in a few days. This is a HUD foreclosure so you can see additional information under the HUD foreclosure button over on the right side.

I am a certified HUD realtor so please call me to look and bid before this one is gone. My direct number is 731-589-7841.

Dyersburg Bank Foreclosure

Here is a new Dyersburg bank foreclosure located at 1875 Ridge Street. This 3 bedroom 1 bath brick home has a carport, central heat and air and a nice fenced in back yard.

The price of this Dyersburg foreclosure is currently $45,000. This home is located very close to the Dyersburg primary school(kids could walk down the hill and be at school) but you have to drive through part of milltown to get to this home. This is currently listed by Mr. Lankford but I would be happy to show and sell you this home. My direct number is 731-589-7841.

How To Buy Dyersburg Hud Foreclosure That Needs Work

Have you ever wondered how you would buy a Dyersburg HUD foreclosure on a long term loan if the house needs work?

There is a loan product out there called a FHA 203k loan that will allow you to escrow the money for repairs that HUD has set aside for that particular house. You would close on the sale of the house and then begin the repairs.

If you will click on the Hud foreclosures link over on the right side 4-5 properties will pop up(today is Friday August 10, 2012). Looking at the property at 665 Andrea it says that the repairs escrow is $3850. HUD will give you that repair money if you are the winning bidder and you purchase the house using a FHA 203k loan. If you pay cash or use any other mortgage loan they will not give you this repair money.

Currently no Dyersburg bank or Dyersburg lender has this mortgage loan available but we have an out of town  lender that can do this special loans.


We just closed on a HUD foreclosure on Powell Road in Roellen and have an accepted offer on a HUD foreclosure at 2010 Beasley Road in Newbern(they are doing a FHA 203k). As you can see we have lots of experience selling Hud foreclosures!

Call Mike at 731-589-7841 to look at any Dyersburg area foreclosure and let me help you to negotiate to purchase your next home.