Rich Kelley Realty

1025 27th Avenue Fairbanks AK
Four Plex SOLD
Legal: Lot:  43 Block:  45 Subdivision:  Bjerremark
Price:  $134,000.00
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Bedrooms	9	Garage	2 Double Car Built In
Bath	5	Family Room	None
Dining Room	Area	Square Ft.	1065
Total Square Ft	3291	Finished Sq Ft.	3291
Unfinished Sq Ft.	0	Floors	2
Style	Above grade.	Construction	2 x 6 Frame
Roof	Asphalt shingle	Foundation	Poured concrete
Year Built	1986	Type of Heat	OFHWBB
Other Heat	None	Gallons Per Yr.	0
Water	MUS	Sewer	MUS
Electric	GVEA	Lot Size	6283
Contour	Flat	Vegitation	Very Little
Views	None	Water Front	None
Side Walks	None	Zoning	MF - MHS
Covenants	None	Assessments	None
Mill Rate	19.35	Taxes	$2,888.00
Assessed Value	$149,253.00	Road Service	City
Road Surface	Paved	Fire Service	City
Elementary School	Barnette	Jr High School	Ryan
High School	Lathrop	Exterior

Typical Financing	FHA will give you the least amount of trouble. No Appraisal is necessary. For Owner Occupants the down payment is 3% of Gross Sales Price and Investors it is 15% Down Payment FHA Mortgage Insurance is 2.25% added to loan with an additional half % of loan amount divided by 12 added to payment. What about Conventional or VA? Here is the potential problem. The lender would require an appraisal specifically for that loan program. If appraisal came in lower you would still be expected to purchase at accepted price. If you didn't follow through with the sale you would lose your earnest money. If the appraisal required repair prior to closing HUD will not fix nor would they allow YOU to have fixed prior to dosing. If that were to happen and you could not follow through on the sale you would lose your earnest money.
Appliances	Whatever is there passes with the sale. HUD makes no warranty or guarantee that appliances work. Water Softener was found to have been freeze damaged. Contractor then disconnected the water softener.
Comments	It is up to you, the purchaser, to inspect the property and satisfy yourself with the condition prior to making an offer. HUD sells the property in its “AS IS” condition except to activate the water supply, HUD will ensure the primary plumbing is working but will not fix minor plumbing problems, if any.
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