Foreclosure Deal Of The Day For February 18th

Dated: February 18 2016

Views: 506

{mls: 452126}

$142,200 - Walton, KY - 3BD, 2BA -- Owned by the federal government (HUD), this property would be a perfect home for an Owner/Occupant. It doesn't need much work to make it someone's Dream Home (repairs including carpet, paint and plumbing are known).

You can finance the cost to purchase. You can finance the cost to repair. And, you can purchase this home using HUD's $100 Down Payment Program!
Did I mention that you can even get a Mortgage Tax CREDIT each year by owing this home?

If you think you cannot afford a home right now consider the three RENTALS below.  Each of these RENTAL HOMES will cost you a MINIMUM of $1000 per Month. 

{mls: 451748}{mls: 450418}
{mls: 450416}
For more info on any of these three Rentals, CLICK on the picture. If no picture is present, it means the home is no longer available

Alternatively, you could purchase our Deal Of The Day (using HUD's FHA Loan and the $100 DownPayment Program) for somewhere in the neighborhood of $650 principal and interest (assuming an Interest Rate of 3.75% paid over 30 years).  Of course, you need to factor in taxes and insurance, but, if you've got $1000 to spend on a RENTAL, given the house payment of $650, you'd have a whopping $350 each month to budget on your Taxes and Insurance (which you can place in Escrow and let your Mortgage Company worry about)!!

If you're concerned about your Credit, I have a suggestion for that as well.  Contact my Lender Partner for a FREE analysis of your credit situation.  Many times, your credit won't be as bad as you think, and we can provide you with a simple ACTION PLAN that has the potential to raise your credit score quickly to a point you can qualify for a loan!!  You won't know unless you make that call.

BTW - If you don't like today's Deal Of The Day for one reason or another, here are a few more local homes for your consideration...

{mls: 452117}
{mls: 451846}
{mls: 452090}
{mls: 451934}
{mls: 452105}
For more info on any of these three Rentals, CLICK on the picture. If no picture is present, it means the home is no longer available

Here's a final thought - You're going to be making someone's house payment over the next several months, and years.  Will it be YOURS or your LANDLORD's?? 

Terry Eibeck and Regional Realty specialize in REO Real Estate. We have the tools, time, staff and market experience to provide you with professional results!.  To see any property listed for sale throughout Northern KY, Lexington-Bluegrass and Greater Louisville MLS give us a call at (859) 620-7653. Visit us on the web at

To search all properties for sale in the Northern KY MLS download my free app by texting 'terry' to 859-780-5527

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Featured properties may not be listed by the office/agent presenting this brochure.  Information has not been verified, is not guaranteed and is subject to change.  The data relating to real estate for sale on this report comes in part from the Internet Data Exchange program of Northern Kentucky MLS. 

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Terry Eibeck

Terry is the Principal Broker at Regional Realty. He is a motivated Realtor specializing with investors and new home buyers located in the following areas; Alexandria, Ft. Thomas, Ft. Mitchell, Indepe....

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