7847 THOURON AVE Philadelphia, PA 19150

This great home in East Mt. Airy is now available for you to place a bid beginning Sept. ,2015. Look at today's HUD OWNED price of $63,000. JUST AN AMAZING VALUE This Property, which is being sold 100% "AS IS", is just minutes from shopping, restaurants, public transportation, many various houses of worship, schools, playgrounds and other conveniences. Will be available to OWNER OCCUPANTS for the first 5 days beginning, September 24th 2015 until September, 28th 2015 at midnight. All bids are consider simultaneous, meaning bids for the first 5 days are reviewed day on 6. Investors are invited to place an offer on day 6 which is , September, 29th, 2015 if not sold to an owner occupant during the first 5 days. Bids opened the next business day. ALL BIDS WILL BE REVIEWED & CONSIDERED. This property is classified as UI-un-insured meaning NO FHA 203B financing is available. FHA 203K re-hab financing is available to qualified owner occupied buyers. CASH and CONVENTIONAL financing are always welcomed. HUD does NOT participate in any grant programs. HUD DOES NOT pay any transfer taxes or city certificate of occupancy. This is at the buyer's expense. The plumbing is compromised and the water CANNOT be turned on under any circumstances for any home inspection. See attached PCR- (property condition report) inspection report. "EQUAL HOUSING OPPORTUNITY". Choose your lender carefully, if using one, as some utilities can NOT be activated for any inspections and/or appraisals especially the water. 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. The basement area is divided into 5 separate rooms with a separate entrance on the side of the property not affecting the main residence. With the proper zoning a great home/ professional office could be established. Zoning changes are the responsibility of the new buyers and HUD does not guarantee or warrantee that these zoning changes will be approved. Naturally the basement area could be used as a great recreation / entertainment room. Don't miss out this unique opportunity and keep in mind-- HIGH NET BID WINS. If a mortgage is required a written pre-approval from a recognized lender who will lend on "AS IS" properties is required. IMPORTANT NOTE: NOT OPEN FOR THE GENERAL PUBLIC TO EITHER VIEW OR BID UNTIL SEPTEMBER 24th, 2015.