1206 Wedgewood Ln Siloam Springs, AR 72761

Listing details for 1206 Wedgewood Ln, Siloam Springs, AR 72761 : Home is subject to short sale approval. The home has some drainage/flooding issues that are a work-in-progress with the City to help alleviate. However, due to the past water intrusion issues, the home needs some mold remediation and repairs. Seller has an estimate of $35,000 for remediation and repairs and this is reflective of the list price. If the home didn't have these issues, value would be estimated at $130,000. Buyer will need to purchase "as-is" and therefore, the property won't qualify for any government secondary market due to the condition. Buyer needs to provide proof of funds or a lender letter with an "in house'/construction type note or hard line of credit. Also, Buyer will need to be patient and willing to wait to allow navigation through the short sale process for approval. Closings can take 60-90 days.