HUD Home — 7 N Lakeshore Dr, Lakeland, GA 31635

Name: HUD Home — 7 N Lakeshore Dr, Lakeland, GA 31635
Brand: U.S. Department of Housing and Urban Development
Price: 225500 USD
Availability: InStock

HUDReal Estate📍Lakeland, GA

List Price

Listed Until

Dec 7, 2026

Bids accepted in rolling periods

Price history

since Jun 11

$256,000−$30,500 (−12%)$225,500

Appraised valueFixed price

$225,500

HUD sets this list price from a professional appraisal of the home in its current condition, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

The appraisal reflects the home's condition when it was inspected; values change over time. Not an independent valuation or investment advice - always inspect and confirm the numbers before you make an offer.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options →

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

FHA-insurable with repair escrow

Condition & financing

Needs roughly $500-$5,000 in repairs - livable, but budget for the fixes.

Still FHA-financeable: the repair cost can be escrowed into the loan at closing.
Eligible for HUD's $100-down payment program for owner-occupants.
FHA insurability is set by HUD; the repair figures are HUD's ~$5,000 rule of thumb, not a per-home guarantee. Always get an inspection.

How to buy HUD homes →

Seller

🏛️ U.S. Department of Housing and Urban Development

Condition: As-is

Full Description

HUD foreclosure property. Case #106-400125. Single Family Home · 3 bed · 2.1 bath · 2504 sqft · Built 1972. 7 N Lakeshore Dr, Lakeland, GA 31635. All Bidders. Contact a HUD-registered broker to submit an offer.

Pickup Information

📍

Lakeland, GA 31635

U.S. Department of Housing and Urban Development

📝HUD homes are sold through a bid process via HUD-registered brokers. Visit hudhomestore.gov for details.

Appraised valueFixed price

$225,500

HUD sets this list price from a professional appraisal of the home in its current condition, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options →

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

🏛️GovAuctions

Guides Tools Prices About

HUD Home — 7 N Lakeshore Dr, Lakeland, GA 31635

HUDReal Estate📍Lakeland, GA

List Price

Listed Until

Dec 7, 2026

Bids accepted in rolling periods

Price history

since Jun 11

$256,000−$30,500 (−12%)$225,500

Appraised valueFixed price

$225,500

HUD sets this list price from a professional appraisal of the home in its current condition, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options →

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

FHA-insurable with repair escrow

Condition & financing

Needs roughly $500-$5,000 in repairs - livable, but budget for the fixes.

Still FHA-financeable: the repair cost can be escrowed into the loan at closing.
Eligible for HUD's $100-down payment program for owner-occupants.
FHA insurability is set by HUD; the repair figures are HUD's ~$5,000 rule of thumb, not a per-home guarantee. Always get an inspection.

How to buy HUD homes →

Seller

🏛️ U.S. Department of Housing and Urban Development

Condition: As-is

Full Description

Pickup Information

📍

Lakeland, GA 31635

U.S. Department of Housing and Urban Development

📝HUD homes are sold through a bid process via HUD-registered brokers. Visit hudhomestore.gov for details.

Appraised valueFixed price

$225,500

HUD sets this list price from a professional appraisal of the home in its current condition, not an auction starting bid.

This is the asking price set from that appraisal, not a below-market auction bid - a fair price for the home, not a guaranteed bargain.
The real edge of a government REO is a clean sale: clear, insurable title with any past-due property taxes settled at closing.
Sold as-is with no seller repairs, so budget an inspection and repairs on top of the price.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options →

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

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