8318 Iris Rd, Chattanooga, TN 37421

HUD home #481-287274. 1971 built 2 BR 1 Ba w/huge yard (1.7 acre) and potential expansion due to a 3 car mechanic's garage or mancave area! See www.hudpemco.com or wwwhudhomestore.com for eligibility for an FHA 203(b) loan. Earnest money required: $1000 if sales price >=$40K, if <=less 40K, requires $500. FHA loan program allows only $100 down payment! Place offers on HUD Homes: buyer must use HUD registered Selling agent to enter a bid. First period on market HUD homes only available to owner occupant bidding, then available for investor bidding. After sealed bid period over, if no offer accepted then bidding continues w/offers reviewed daily. Buyer responsible for replacing any missing utility meters. For security, buyer is not given a key at closing must rekey or change locks.Click more