Home for Sale at 16660 FARMER CREEK RD, Cloverdale, OR 97112

16660 Farmer Creek Rd
Cloverdale, OR 97112

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Property Details

List Price:	$1,450,000
Beds:	3
Baths:	4
Status:	Active
SqFt:	3642
Agency:	Rob Trost Real Estate LLC

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Description/Comments

Lot Size:	5 acre(s)
Property Type:	Residential
Year Built:	2007
Notes:	Welcome to paradise! Quite possibly one of the most unique listings of the year, this waterfront property located on Farmer Creek offers not one, but two homes situated on a private 2+ acre pond! The larger of the two homes is a beautiful log cabin with a vacation rental permit & solid vacation rental history. Loved by all those that stay here, the log cabin welcomes guests with a light and airy floor plan, panoramic views of the pond, floor-to-ceiling windows, radiant floor heating & stone fireplace with wood stove insert, covered wrap around deck and full basement. The smaller property, also waterfront, is a 4 bedroom/2 bathroom fixer-upper, but is currently home to the on-site property manager. Looking for storage? Additional structures on the property include a newer 4,000 SF shop with power & 3 bays, a second smaller 1,000 SF shop/well pump house, a quaint pond-side boat shack with kayaks, and a garden shed. The two properties combined total 5.29 private acres of seclusion, towering trees, the sound of Farmer Creek rushing by and your very own pond to throw out your fishing line or paddle around in! A walking trail encompasses the pond allowing you to do a full loop around it or take the stairs down to the creek. This waterfront retreat offers ample space for relaxation and entertaining amidst the beauty of the outdoors. Plan on your summer evenings coming alive around the newly built, custom outdoor fire pit area overlooking your very own pond. Once you're here, you may never want to leave! Come see for yourself!
MlsNumber:	24143244

Listing Provided By:	Rob Trost Real Estate LLC, original listing
Name:	Rob Trost Real Estate LLC
Phone:	(503) 842-9090
Office Name:	Rob Trost Real Estate LLC
Office Phone:	(503) 842-9090
Agent Name:	Sydney Collett
Disclaimer:	Copyright Â© 2024 Regional Multiple Listing Services. 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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