Home for Sale at 9 Dry Point Drive, Rome, ME 04963

9 Dry Point Drive
Rome, ME 04963

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Property Details

List Price:	$965,000
Beds:	10
Baths:	9
Status:	Active
SqFt:	5200
Agency:	EXP REALTY LLC
Agency Phone:	(856) 207-1951

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	1790
Notes:	The historic Wings Hill Inn earned the area's iconic name from one of its owners, aviation World War II pilot General Edmund 'Wings' Hill- his fly name. Antique preservation speaks as you meander the property with stone walls and walkways, wooden fences, lush gardens, private abutting conservation land, post and beam construction, a fieldstone fireplace, shiplap walls, oak and pine floors, floral walls, wrap around porch and water views. This timeless beauty is a treasure not only rich in history, but passed traditions of family values in sharing breakfast on the porch, cozying up around the fireplace for a game of cards, or a short walk to Belgrade village for an ice cream and a pit stop at Days General Store for something you can only find there. The sprawling 10 bedrooms and 9 bathrooms make this the perfect unique family compound to enjoy as a vacation home or investment opportunity as a bed and breakfast in today's lucrative short term rental market. Visitors enjoy the location in the heart of Belgrade Lakes perfectly situated between Long and Great Pond, walking distance to the village for shopping and eateries, and close proximity to year round recreational activities. Located minutes from the golf course, hiking trails, public water access for boating, swimming and kayaking , and winter fun with local snowmobile trails and ski mountains just an hour away make this the complete package. This turn key happy place is more than a wonderful home or business opportunity...it is an experience. The minute you arrive a sense of nostalgia and quintessential New England in the earliest days encompass you with a need to take it all in and leave the cell phone in the car. Quietly watching the sunset over the water from the balcony and listening to the loons takes you back to what the General saw and fell in love with in 1940. It is a treasure and a gift that you don't want to miss. Disconnect and schedule your showing today!
MlsNumber:	1577997

Listing Provided By:	EXP REALTY LLC, original listing
Name:	EXP REALTY LLC
Phone:	(856) 207-1951
Office Name:	EXP Realty
Office Phone:	(888) 439-8743
Agent Name:	Jennifer Cammack
Disclaimer:	Copyright Â© 2024 Maine Real Estate Information System, Inc. 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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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