California HUD homes that are available as "looking at all offers"! These homes are offered for sale at up to 40% off of the FHA appraised value and all are available using FHA's 203K "rehab" loans. Need more information on this type of loan? We have the perfect opportunity! Waller Real Estate in conjunction with Alliance Home Mortgage will be conducting a webinar on February 16th beginning at 6pm! These loans are a breeze when you are dealing with professionals with experience in this product. Perfect for the home that needs a little bit of help. Registration is free, no travel-view from the comfort of your home or office-simply visit http://ahmloans.ilinc.com/public

The first property is located in the Los Angeles county city of Glendora and features three bedrooms and two bathrooms within 1,280 square feet. If using FHA financing there is a repair escrow of $3,300 and the property is eligible for FHA's 203K program. The property has an original appraised value of $385,000, but is currently available for $308,000-20% below the appraised value! Case #197-398896

In Stanislaus county, this two bedroom, two bathroom home is located in the town of Turlock. Manufactured in 1992, the home is considered a PUD with monthly HOA fees of $115. The original appraisal value for this home is $86,000, but is now being offered for sale at 30% off-$60,200! Case#045-641692

Moving south to Kern county, the next home is located in Ridgecrest. The home was built in 1952 and features two bedrooms, one bathroom within 716 square feet and an attached two car garage. There is a repair escrow of $1,045 if buyers financing using a FHA loan. The original appraisal value on this property was $56,000 and is now being offered for sale at $44,800-20% below appraised value. Case #045-710148 Back on the market with a reduced price of $39,200-30% below appraised value!

The final home from our previous week's post is located in Ione within the county of Amador, is a three bedroom, two bathroom home with 1,805 square feet manufactured in 1985. There is a small repair escrow on this property of $440.00 which is for drywall repairs and and siding repairs. The original appraisal value for this property was $35,000 and is now offered for sale at $21,000-a full 40% below appraised value. Case #043-737310 

And don't forget-HUD will credit buyers up to 3% towards buyers closing costs!