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8404 E Whippoorwill Hill Drive
Freeman, MO 64746
$178,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1200
Property Description
Less than an hour from Kansas City, yet a world away from its hustle and bustle, Lake Annette invites you to embrace a slower pace where you can connect with nature and the simple pleasures of lakeside living. This property fits the bill for those seeking a year-round residence, vacation home, or rental investment opportunity. While the house instantly captures your attention with its distinctive design and unique character, it offers much more beyond its appearance. Inside, you have 1200 square feet spread over one and a half stories. Filled with personality and bathed in natural light, it features three bedrooms, two bathrooms, a dining room, a kitchen, and a family room enhanced by a skylight and a cozy wood-burning stove. The owners have done substantial updates through the years, most recently, new windows, a front porch, and a new roof enhancing its appeal. Spoiled for choices outside, you have a generous lot to roam and multiple deck options. A covered porch at the front provides an intimate spot for conversations, while an open-air balcony invites stargazing under the night sky. Meanwhile, the expansive back deck, elevated for optimal water views, provides the perfect venue for hosting gatherings. An added perk is a detached garage with extra storage. Cross the street, and you'll find access to the lake, offering a range of activities like swimming, fishing, and boating. From adventure seekers to nature enthusiasts, there's something for everyone to enjoy here. Make this serene retreat yours before someone else beats you to it!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1965
MLS Number
2480228
Location
Address
8404 E Whippoorwill Hill Drive
City
Freeman
State
MO
Zip Code
64746
County
CASS
Listing
Provider
Key Partners LLC, original listing
Name
Key Partners LLC
Phone
(913) 825-7500
Office Name
KW KANSAS CITY METRO
Office Phone
(913) 825-7500
Agent Name
Kitt Halterman

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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.