The listing agent included the following info:
"FIXER-UPPER sold AS-IS. Kitchen missing cabinets, countertops, sink, appliances. Roof needs repairs. No inspection report available. Please see in-person to determine condition"
A regular FHA mortgage cannot be used to buy this house. Also in Hillsborough County you cannot get the dowpayment assistance if you are a first time homebuyer if the house is not in good enough condition for FHA, VA or a USDA mortgage. Pasco County's programs will allow repairs to a house for some of their downpayment assistance programs.
You could include up to $35k of non-structural repairs into your mortgage with an FHA 203K and put up 3.5% down. So let's say the repairs are $20k; then you would need about $5,250 down payment to buy a $150k house.
This one is a new listing in Citrus Pointe near the Citrus Park mall. It is near the elementary & middle school and for High School it attends the "A" rated Sickles High! You would only have to put down about $3,800.
If you're not yet working with a Realtor, please call me and we can go see this house today! You should put your offer in no later than 10 am tomorrow or they may go with another offer. It was pending sale and just came back on the market. Take a look:
All the best,
Alma Rose Kee, PA
Future Home Realty