Home for Sale at 90852 Hwy 140 W., Lakeview, OR 97630

90852 Hwy 140 W.
Lakeview, OR 97630

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Property Details

List Price:	$625,000
Beds:	4
Baths:	4
Status:	Active
SqFt:	2016
Agency:	Rim Rock Properties

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Description/Comments

Lot Size:	41 acre(s)
Property Type:	Other
Year Built:	1998
Notes:	Looking for a nice place that feels remote but isn't? A place big enough for your animals, toys and equipment? Well, here you go! Such a nice piece of property. This 35.9 acre park like property has a 1998 2 bd, 2 ba 1125 sf manufactured home. It has an open concept throughout. The kitchen is open and convenient to use. A septic and well accommodate the home. A power saving geothermal heat pump is this home's heat source. There is an enclosed front porch, a covered back deck and a gazebo that overlooks the large pond and the tree covered hillside. The inviting deck is great for barbecuing, relaxing and watching the abundant wildlife. The main house has numerous outbuildings and storage sheds; including a large loafing shed and (2) RV covers. For all you DYIers - The main shop has a concrete floor with a mechanics pit built in. The whole shop is heated by recycled oil and is wired for 220. The house and shop have a 5000 watt generator wired into them in case the power goes out. If it does the generator automatically comes on. What a nice feature! The property is mostly perimeter fenced and ready for your critters. In addition, all the trees on the property are limbed up to about 5 ft., thinned and most of the underbrush has been cleared away - to help with fire suppression. The property has been surveyed. Just too many features to list with this really nice property that is only 9 miles out of town with lots of peace and quiet. Properties like this don't come available very often. Don't miss this opportunity! The owner has three parcels and will sell them together if so desired. The other two parcels are income producing.
MlsNumber:	11198285

Listing Provided By:	Rim Rock Properties, original listing
Name:	Rim Rock Properties
Phone:	(541) 633-4350
Office Name:	COUNTRY PREFERRED REALTORS
Office Phone:	(541) 728-8623
Agent Name:	Kristina Roberts
Disclaimer:	Copyright Â© 2024 My State 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.

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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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