Home for Sale at 17205 SE 160TH AVENUE ROAD, WEIRSDALE, FL 32195

17205 Se 160th Avenue Road
Weirsdale, FL 32195

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Property Details

List Price:	$299,000
Beds:	3
Baths:	2
Status:	Active
SqFt:	1296
Agency:	LPT Realty, LLC.

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Description/Comments

Lot Size:	3 acre(s)
Property Type:	Residential
Year Built:	1999
Notes:	Lucky for you! Buyers financing fell through so we are back on the market! Load up the horses or other livestock and kick your boots off on the porch! This bright, 3 bedroom, 2 bath split plan mobile home is as clean as they come. Enter the screened porch with composite floor, perfect for sitting with a good book and a coffee into the well kept house with open floor plan. Good living room space and dining room flows nicely into a large kitchen with plenty of cabinets and a pantry! Kitchen offers a nice area for a breakfast nook or great spot to feed Fido. Primary bedroom provides a nice sized walk-in closet and large bath with garden tub and seperate walk-in shower , also hardwood bamboo flooring. 2 bedrooms and a bath at the opposite end of the home offer good space and nice closets. Indoor laundry at the side entrance to also use as a mud room. The land is fully fenced and offers cleared pasture area as well as a nice oak tree shaded area so the animals can beat the summer heat. 2 execellent sheds for outside storage with solid floors and no leaks. One is being used as a feed/hay room the other stores a motor cycle. This property is about as latch-key as you will find! All improvements have been made since March of 2021 - NEW WELL, bladder and electric box. New DBox for septic tank. No climb horse fence and top board. New electric line from power pole to service. New appliances. Front porch steps. Septic pumped 2023. Furnished unless you want it empty - please ask for furnishings list. You could bring your suitcase and your horses and be set! Very near L-Cross Equestrian Center and Grand Oaks Resort.
MlsNumber:	G5077248

Listing Provided By:	LPT Realty, LLC., original listing
Name:	LPT Realty, LLC.
Phone:	(877) 366-2213
Office Name:	LPT REALTY
Office Phone:	(877) 366-2213
Agent Name:	Jami Robinson
Disclaimer:	Copyright Â© 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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Property Details

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Description/Comments

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HUD Foreclosures

Foreclosure Listings Increasing