Home for Sale at 595 Newt Good Road, Limestone, TN 37681

595 Newt Good Road
Limestone, TN 37681

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Property Details

List Price:	$340,000
Beds:	2
Baths:	1
Status:	Active
SqFt:	--
Agency:	Park Hill Realty Group LLC

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Description/Comments

Lot Size:	5 acre(s)
Property Type:	Residential
Year Built:	2022
Notes:	HUGE PRICE REDUCTION! PRIVATE RETREAT or MINI FARM! Great opportunity for an investment property or your own private getaway! 5.10 ac. +/- with two tiny homes. There are 2 Septic systems (750 gallons each) with PEX line installed. The smaller cabin has a 30 gallon portable septic. There is a fourth site set up for another septic, and has underground electric and water. One site will accommodate 2 campers, the two cabins have their own septic and a separate site that was intended for a pavilion has it's own hook ups. Driveways have been cut, pond has already been dug, and stocked with fish. The 2 tiny homes/cabins have been completed with 3M insulation and a moisture wrap, beautiful finishing touches, wood flooring has a waterproof rubber seal underneath. The tankless water heaters are propane & provide immediate hot water. Almost everything you see goes with the property! There is a 2019, 34 foot 5th wheel toy hauler/camper that is negotiable to purchase separately, and also a tractor and attachments that are negotiable to purchase separately. Both cabins have central mini splits. Electric has been separated between the top and bottom part of the land. The bottom is currently set up for 3 tiny homes/cabins, however it could easily be set up for 5 tiny homes. A must see to appreciate the beauty and potential of this property. Buyer/Buyers agent to verify all info. All info deemed reliable but not guaranteed as info is retrieved from CRS and seller.
MlsNumber:	9948840

Listing Provided By:	Park Hill Realty Group LLC, original listing
Name:	Park Hill Realty Group LLC
Phone:	(423) 530-5224
Office Name:	Park Hill Realty Group, LLC
Office Phone:	(423) 530-5224
Agent Name:	Kimberly Barden
Disclaimer:	Copyright Â© 2024 Tennessee Virginia Regional Multiple Listing Service. 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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