13331 S Berendo Ave, Gardena, CA 90247

Property Description

Located in a wonderful neighborhood, this 3bd/1ba homes offers a faux fireplace, big bay window in the living room, laundry facility in the house, detached 2 car garage with auto garage door opener, big back yard and a roof that is less than r 2 years old. The house does need new carpeting and painting within the interior. The house does not have a stove and the seller does not intend to place a stove to complete the sale. The house does qualify for FHA. To complete an FHA sale, the buyer will need to acquire an "FHA 203b repair escrow loan" or an "FHA 203k loan" or, after the buyer's regular FHA loan is approved, the buyer can simply buy a stove and place it in the house prior to closing and have the appraiser come back to the house to validate the install of the stove then allow the escrow to close with a standard FHA loan. The FHA 203b repair escrow and the FHA 203k allow the loan to fund and close, allowing the buyer to complete stove installation after the close of escrow. Ask the lender, in advance, if they understand these various types of FHA loans prior to engaging the Lender. Most lenders are familiar with standard FHA loans, few understand the variations offered.