DISCLOSURE - - Buyer is paying $47K for the future option to pay 95% of the appraised value to HUD in the future. Not now as there is No pending action and HUD paying property taxes currently as well. This is a HUD HECM Law to protect homeowner on title. . Must owner occupy for the first two years - no rentals allowed for the first two years so this is an owner occupancy building until then. Cross Fox is in great location, The landings which is close to beach and proximity to
