Home for Sale at 78 PINE POINT DRIVE, NEW CREEK, WV 26743

78 Pine Point Drive
New Creek, WV 26743

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Property Details

List Price:	$460,000
Beds:	4
Baths:	4
Status:	Active
SqFt:	2002
Agency:	Lost River Real Estate, llc

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Description/Comments

Lot Size:	10 acre(s)
Property Type:	Residential
Year Built:	1997
Notes:	Very nice secluded cabin in the expansive gated community of The Preserve at New Creek. This 4 bedroom, 3.5 bath is a mixture of rustic, tranquil and modern architecture. The main living level has an inviting foyer, dining room, half bath, bedroom and a large modern well equipped kitchen with a wooden top center Island and stainless steel appliances. The kitchen opens up to a stunning, picturesque living room with a large natural-stone wood burning fireplace for cold winter nights. The floor to ceiling windows offers an panoramic view of the mountains. There is access to the large deck from the living room and kitchen. Ascend the stairs to the 2nd. level where you will find an office nook, primary bedroom with an en suite bathroom with large shower and double vanities. There is also 2 additional spacious bedrooms with a shared bath. Main & 2nd. levels have hardwoods floors & tiled bathrooms. The large lower level has a fun rec room that has 2 sets of bunk beds, and a full bathroom. Lower level also has three separate storage areas and access to the outside. The house sleeps 12, making it perfect for a weekend getaway or full time living. The community consists of 1,000 acres in the Alleghenies. 500 acres are protected conservation land with maintained hiking trails. the house is located less than 3 hours from DC and less than an hour to the ski slopes of the Canaan valley and fishing & kayaking in the South Branch River. Internet access through Starlink Satellite service.
MlsNumber:	WVGT2000762

Listing Provided By:	Lost River Real Estate, llc, original listing
Name:	Lost River Real Estate, llc
Phone:	(304) 897-6971
Office Name:	Lost River Real Estate, LLC
Office Phone:	(304) 897-6971
Agent Name:	Kevin Willner
Disclaimer:	Copyright Â© 2024 Bright 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.

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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