Jan 10

SOLD – Fulton 2200 sqft. HUD home $41,000

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SOLD

This property is assessed for $76,000.  After watching this video please call 315-952-2671 or take a cruise by the property.615 Manhattan Ave., Fulton, N.Y. DIRECTIONS

Jan 05

SOLD-Cayuga County Snowy Chalet HUD Home

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“Sold to the man with the blue hat!!”

12732 Bethel Rd., Martville, NY  DIRECTIONS

Dec 18

SOLD!! New Hartford HUD home

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13 Clintonview Rd. New HartfordJust 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.

Dec 16

SOLD!!! 3 Family HUD Rochester Home

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209 Clark Ave., RochesterHUD’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

Dec 15

SOLD!! Chittenango HUD Raised Ranch $85,500

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517 Valley Dr. ChittenangoWhen 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.

Dec 14

1990 Ranch in Cleveland NY HUD $54,600

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104 North St. clevelandThat’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.

Dec 11

SOLD!!! Fulton HUD Home Gathering Dust

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823 Emery 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.

Dec 02

West Taft Rd. HUD makes for an interesting investment

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5255 Taft rd.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

Nov 05

Two Foreclosed Carwashes

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Combine a passive business opportunity with a foreclosure and you have the makings of a winning combination to kick start or build financial freedom into your portfolio.

009_9 Located in East Syracuse, NY on 7050 Manlius Center Rd. is a 4 stall car wash for $200,000.  All equipment is included. Cost to build this structure from scratch is in the range of $500k-$600k.  Next to Red Apple gas station and convenience store.




In the Watertown area 29700 County Rt. 50 in the town of LeRay. 100’x100′ and assessed for $61,000.  Price is $35,000 .  Just outside Fort Drum.Black River Carwash_1


Now don’t miss-read this post’s intention.  This is NOT for everyone. No pie in the sky.  The fact, is the car wash industry took a heavy hit after 9/11 and continues to today.  I’ll suggest that one  needs  either to use the facility for some other business or become a P.T. Barnum of the car wash industry where people just have to use your service.  Either way these prices are truly insane.  It’s taken 2 years of steady marketing to promote and adjustment to get them on a platter at these prices  for your consideration.   Buyer beware. Buyer prosper.

If you are serious about exploring this type of opportunity  e-mail me [email protected] 

Oct 28

HUD Homes Investors Specials

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We are just going to kill several birds with one stone.  Pictured here are three outstanding HUD homes just ripe for the investor.

#1 SOLD  Pictures are deceiving especially at 23 Bradshaw Rd. in Central Square.  This in NOT a single wide trailer. It is a stick built structure with about 1,000 sq.ft 2bedrooms and one bath. Price $19,200.    DIRECTIONS

 

 





 

#2 SOLD  In the village of Cleveland at 9 Division st. a home built before the civil war stands proud but with no one to love it.  4 bedrooms inside a 1,627 sqft. two story structure. HUD is asking NEW Price  $28,200.   Could score this one below the $30k mark.  It’s possible. DIRECTIONS





 

 

#3 – SOLD –Hold your breath!  Dog smell, mold and a yucky interior sets up a gigantic barrier for most buyers.  But a 1992 doublewide, 3 bedrooms and 2 baths on 5 acres for $17,000!  Address is 136 Spaulsbury in Parish. DIRECTIONS

 

 

These are ripe for the picking.  Call John Adolfi 315-952-2671 cell or e-mail me with any questions. [email protected]