From a buyer’s lens, this reads as a comfortable 2-bedroom, 2-bath single family home with 1,573 sq ft on a acreage property built in 1984. Extra land can be an asset or a maintenance line item — confirm mowing, well/septic, and access easements before you underwrite rehab. Auburndale, FL behaves like a more competitive submarket — tour early if owner-occupant priority applies.
IE (insurable with escrow) signals required repairs handled at closing via repair escrow — still a 203(b) path for many buyers, but the escrow amount and timeline matter as much as list price. Selling as-is often means HUD is not budgeting turn-key cosmetics — budget contingency for systems, moisture, and deferred maintenance even on insurable cases. 203(k) eligibility on the listing is a green light to discuss renovation financing — not a guarantee your contractor timeline fits the bid window. FHA $100 Down can reduce cash-to-close for eligible owner-occupants — program rules still apply to case status and bidding period.
Extended listing period often means the home already cycled through earlier bid windows — read the bid schedule carefully; investor eligibility may differ from day-one owner-occupant priority. Roughly 25 days on market is middle-aged for HUD — balance speed with diligence on repairs and neighborhood comps.
Complete HUDPRO valuation data is required before we show Real Deal™ verdicts or seals for this listing.
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Is This a Deal?
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Valuation data not available
Can I Finance It?
FHA Options
Includes 203(k) rehab financing
Check with a HUDPRO mortgage partner for all options
Monthly ownership?
~$1,880 / mo
P&I + listing HOA shown — add tax, insurance & MIP for full ownership cost. Illustrative 30-yr FHA P&I at ~6.875% with 3.5% down. Includes listing HOA ($200/mo). Not a lender quote.
How Much Work?
$15k – $25k
Moderate repairs estimated
Basic payment estimate
Principal & interest only — illustrative, not a loan offer. Plus or Elite adds HOA, taxes, insurance, MIP, and the full ownership breakdown.
Listing data reflects publicly available HUD program information. Confirm property details, market conditions, and bidding strategy with a HUD-experienced real estate professional familiar with your target area.