1395 Timberlake Place, South Lake Tahoe, CA 96150

February 11, 2010

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Bank Owned Home with Filtered Lake Views

SOLD 04/27/2010 $235,000

Great cul-de-sac location with filtered lake views! While in need of TLC, the location near Heavenly is great & the sweat equity potential is there! This is a Fannie Mae HomePath property. Purchase for as little as 3% down! This property is approved for HomePath Mortgage Financing & approved for HomePath Renovation Mortgage Financing. Special promotion of 3.5% towards closing costs OR new Whirlpool appliances for owner occupied purchasers–must close escrow by 4/30. Ask for details!

  • Asking Price is $235,750
  • 3 Bedrooms
  • 2 Bathrooms
  • 1221 sq ft (per tax data)

Additional Photos

FHA guidelines to change–what you need to know:

February 10, 2010

Have you been considering purchasing a home on an FHA loan?

Well you might want to talk to your lender again to make sure you still qualify and that you are still happy with what you will be getting.

The credit score minimum is going up and the insurance premiums are raising.  Click here to check out an article that was on realtytrac.com that breaks down  how this might affect you.

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