HOT MARKET SHAMOKIN, PA 17872

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Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

New Shingles installed on home July 5 2022. Single LLC owns when installed they only carry a 10yr warrenty had a private owner owned unit GFI would have given a life time warranty. These are not 3 tab shingles these are good shingles to last. Ice and water barrier was installed new drip edges new 15 mil tar paper. All bad wood was removed and replaced. rear porch roof has new zip lock 1/2 wood under shingles. This was not a cheap job. This is a tax sale home that has been held for the 2 yrs so insurable title can be given. Home needs a full rehab. The home has been trashed out. Current AVM on home is 104k if done You could see an AVM of 125k. This is for just this home. Seller also has home next door 123 S Market St also and is for sale. Seller would like to sell the home as a pair there are 2 deeds. Above ground basement is open under both homes this was a hair dresser at one point in time. Current owner just does not have the time to rehab. Intention was to put a 2 Bedroom one floor apartment or store space in the lower floor. Share holder of property is Licensed Real Estate Agent in multiple states, Lic. If the 2 buildings are not sold we will rehab. Hence the reason for putting the new roof on now over summer for a winter rehab.

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