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7512 Turkey Hatch Lane
Willard, MO 65781
$875,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
9398
Property Description
Welcome to one of the most stunning homes in Willard with almost 9,400 sgft sitting on a little over 4 acres. The back of the property has a wet weather creek to enjoy wild life, or just a quiet afternoon. As you enter the front foyer you are greeted with an incredible wall of windows soaring to meet the 20' coffered ceilings. The beautiful oversized fireplace and hard wood flooring throught the main level complete the formal living space which overlooks a large covered patio space . The formal living room flows into the kitchen which has an oversized granite eat in kitchen bar and second living area. The kitchen has a pantry, travertine back-splash, and double ovens. Behind the kitchen towards the garage there is an extra large laundry room. The kitchen area has a large space for a dining table and chairs. Off the foyer is the magnificient formal dining room with large windows. Heading towards the master suite you will pass a large office area and the half bath. The master suite with access to the covered back patio area, has his and her walk in closets with a jetted tub, walk in shower and oversized dressing area. The main level also has an additional bedroom with a private bath. The second story has 2 bedrooms with each having their own private baths, a large living space that overlooks the formal living room. There is a private deck area off the third upstairs bedroom. The walk in attic space is large and partially floored. The finshed walk out basement area is a little over 2,000 sqft with an eat in kitchen, living area and the fifth bedroom with a private bath. There is plenty of storage and a space for a tornado room.The three car garage is oversized with plenty of extra space. The large John Deere room has additional storage available and can be used as a work shop. You could easily convert the John Deere room into a fourth garage space by installing metal interior entry doors from the John Deere room into the basement living room.
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential
Year Built
2011
MLS Number
60246020
Location
Address
7512 Turkey Hatch Lane
City
Willard
State
MO
Zip Code
65781
County
GREENE
Listing
Provider
Murney Associates, LLC, original listing
Name
Murney Associates, LLC
Phone
(417) 575-1205
Office Name
Murney Associates - Primrose
Office Phone
(417) 823-2300
Agent Name
Cathy Shepherd

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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.