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56506 County Road Aa
Moffat, CO 81143
$649,000
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
1584
Property Description
Come home to 360 degree mountain views in this recently renovated two bedroom, two bath southern style ranch home in the San Luis Valley. Enjoy incredible sunrises and sunsets from the wrap around deck and stay cozy by the fire pit just out back. Everything from outside to inside is newly updated including exterior stucco and paint, LVP flooring, new light fixtures in every room, fresh paint, and more! The master bedroom features a large walk-in closet and updated en suite bathroom. Attached to the home are a few more rooms set up to make all of your agricultural projects a success. Two fully-loaded greenhouses sit behind the home and include automatic light deprivation equipment, irrigation, heating and cooling. There's even a fenced area attached to the southern side of the house for chickens, other animals, or a garden. The lot expands to the east boasting an ATV track and views of the Great Sand Dunes National Park. The property also features a custom built 75k transformer with two pedestals, RV hookups, and an agriculture/domestic well that supports 1.3 acres of irrigation and 3 dwellings. All of this is just on the main 42 acre property. This listing also includes two 5+ acre lots to the north and south adjacent to the main 42 acres, both with immense opportunity for building equity. On the northern lot is a third fully-loaded greenhouse connected to an equally-sized quonset hut home ready to be developed and customized into an open floor plan dwelling. The southern lot has an 840 square foot cabin with French doors and oversized windows. This cabin is also ready to be customized. This homestead is centrally located in Saguache county, 15 minutes from Joyful Journey Hot Springs, 30 minutes from Hooper Hot Springs, 45 minutes from Salida and Alamosa, one hour from Monarch Mountain Ski Area, and an hour and a half from Wolf Creek Ski Area. Set up a showing today and see how special this opportunity really is!!!
Property Information
Lot Size
52 acre(s) square ft
Property Type
Residential
Year Built
2007
MLS Number
9846046
Location
Address
56506 County Road AA
City
Moffat
State
CO
Zip Code
81143
County
SAGUACHE
Listing
Provider
Pinon Real Estate Group, original listing
Name
Pinon Real Estate Group
Phone
(719) 539-0200
Office Name
Pinon Real Estate Group LLC
Office Phone
(719) 539-0200
Agent Name
Joseph Rovinsky

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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.

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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.