Thank you for posting a question about the property listed for sale at 6337 W Addison.
Per the MLS database, this home is already under contract.
Are you searching for a home in the area?
Are you looking for a property that needs some work or would you like to find a home that is more move-in ready?
As previously stated, this property is under contract as 6/20/2011, but you have options
I checked the area for similar homes and found 5 possibilities ranging from $95k - $149k, minimum 3 bedrooms 1 bath.
I suggest you use a buyers agent to help you navigate your way through this (or any other) market. A buyers agent is at no charge to you. Your buyers agent will send you updated & available properties vs the outdated information you find on most other real estate websites.
Your buyers agent will schedule appointments to go see, negotiate on your behalf, prepare the documentation, i.e. purchase contract and secure the disclosures, assist you with resources, i.e. attorney, lender and home inspector referrals and so much more.
Feel free to contact me directly to further discuss your options on the Addison home and possibly set up your game plan to assist you with your purchase.
It is unclear whether 'needs tlc' means too much work for FHA. In order to go FHA the property needs to be in good shape and in the current market they look at everything more closely.
The FHA 203K rehab loan is an option, but there is lots of paperwork and hoops to jump to get it done so try to avoid it.