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2826 Ne 7th Street
Ocala, FL 34470
$699,000
Conventional
Property
Bedroom
10
Bathroom
8
Property Type
Conventional
Square ft
5514
Property Description
Come and see these incredible townhomes in the heart of Ocala, Florida. On the main floor these 2 story townhomes come with vaulted ceilings, oversized living rooms with a fireplace in each unit, large kitchen area with its own refrigerator, dishwasher, solid stone counter tops, and solid wood cabinets. A separate laundry room on the first floor with a stackable washer and dryer is also included in each unit, and each townhome has its own private patio area. The 2nd floor boasts a master bedroom with updated flooring, with a separate master bathroom with his and her vanities, and 2 additional bedrooms and a 2nd bathroom also located on the 2nd floor. These townhomes are low maintenance, and each of the 4 units range from 1,200 to 1,400 square feet. These townhomes are all occupied with amazing tenants who have lived on the property for over 10 years. Each unit has its own parking area, and street parking is also available for 8 vehicles. Tenants currently pay all utilities including water, sewer, cable, and garbage, and are all currently on a month to month lease. These townhomes would be perfect for Airbnb's as they are located right across the street from Silver Springs State Park, one of America's largest natural springs as tourists from all over the world come to Silver Springs for its miles of hiking trails, wildlife, mounting biking, kayaking, glass bottom boat tours, horseback riding, and is famous for its wedding venues.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1981
MLS Number
T3492713
Location
Address
2826 NE 7TH STREET
City
OCALA
State
FL
Zip Code
34470
County
MARION (NORTH)
Listing
Provider
Realty Professionals of Florida LC, original listing
Name
Realty Professionals of Florida LC
Phone
(813) 766-7253
Office Name
ALIGN RIGHT REALTY SUNCOAST
Office Phone
(813) 512-2100
Agent Name
Brian Sadler

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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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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.