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The subject property CANNOT be sold for less than the current appraised value as established by an FHA Roster Appraiser (list price), without HUD’s express authorization.The seller has special rules to follow in selling this property in order to qualify for their mortgage insurance reimbursement for their foreclosure loss. You can read further HERE.) Even though this is a Fannie Mae product, it has its own set of unique guidelines that are NOT the same as typical Fannie Mae guidelines. (This means there are very specific guidelines outlined for the sale of this property, which are outlined below. This is a Fannie Mae HECM (Home Equity Conversion Mortgage) reverse mortgage foreclosure, which must be sold subject to 24 CFR 206.125. Please read this website in its entirety to fully understand the sale of the subject property. (/info/mls-disclaimers/#mls_5632)Fannie Mae HECM Reverse Mortgage Offer Guidelines Property information displayed is deemed reliable but is not guaranteed.Ĭopyright 2022 Bright MLS, Inc. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Consult the specific municipality for permitted Zoning uses.

Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Information provided by the Greater Scranton Board of REALTORS® MLS. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.