21955 Budds Creek Rd

Leonardtown, MD 20650

NEW HUD Listing! Availability of home is subject to the Asset Manager accepting a bid from an earlier bid period or removing the home from the market. New bid-opening procedure for bids submitted on Friday, Saturday, Sunday, or Federal holidays.ALL HUD HOMES ARE SOLD AS-IS. HUD will not make any repairs nor allow the purchaser to complete any repairs prior to closing. FOR YOUR PROTECTION, GET A HOME INSPECTION. Utility activation requests (submitting after contract execution) must be approved by HUD's Field Service Manager prior to activation. In cases where plumbing or electrical deficiencies exist, approval for activation may be denied. Repairs will not be made for the purpose of utility activation. All properties built prior to 1978 utilizing FHA financing will require a Lead Based Paint (LBP) Inspection and possible Sterilization. Should the purchaser elect to change financing from FHA to any other method of financing or cash after LBP/Termite Inspections and/or treatments have begun, the purchaser will be responsible for reimbursing HUD for the cost of the inspection, treatment and clearance prior to closing. FHA repair escrow amounts are not a credit from the seller to the buyer. Escrow items represent the minimum property requirements as required by FHA to bring the property into standards that will; allow it to meet FHA funding eligibility. All repair costs are financed into the mortgage and are the responsibility of the buyer.Property is insurable with escrow repairs. Buyer is responsible for all inspections and any cost to cure. Mold contaminants may exist in the property. Wood infestation inspection by a licensed inspector contractor is recommended. Buyer is responsible for determining property's water source and sanitary system. HUD is exempt from Smoke/Carbon Monoxide detector requirements. Property may be subject to Front Foot Benefit Charges. Buyer is responsible for all costs associated.