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9393 State Highway U
Rogersville, MO 65742
$1,550,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
3318
Property Description
This is it! Incredible horse property that is ready for the next owner. The Quality of every item from the house construction to the fencing, shop, and horse barn are top notch. You will love the arch ways that give an elegance and identity to the home. The floorplan is well designed with little if any wasted space. The grand foyer opens up to the living room and formal dining room with beautiful built ins. If you love cooking and gathering friends the setup of the kitchen and home in general is about perfect. Imagine grilling on the back deck(the grill is hooked to the main propane tank) and enjoying a glass of wine while you take in the lovely scenery all around you. Award winning horses have come off of this property. The pastures have some of the best horse fences that you can buy and the horse barn(150x72) has 9 stalls (8 of these have runs) a great tack room, bathroom, and office along with an indoor riding arena! There are 5 pasture spots with 3 waterers and a pond that is split between 2 of the pastures. Hey guys, check out the shop building! Plenty of room for farm equipment, cars, boats, and even an RV! There are 3 12 ft overhead doors and an even taller garage door on the backside of the building. There is 220 and a 30 amp plug for an RV in the shop. Hey ladies, look at the large primary bedroom with spa like bathroom and walk in closets! This home really has it all for those that love horses, peaceful country living, and star gazing.
Property Information
Lot Size
36 acre(s) square ft
Property Type
Farm And Agriculture
Year Built
2005
MLS Number
60265163
Location
Address
9393 State Highway U
City
Rogersville
State
MO
Zip Code
65742
County
WEBSTER
Listing
Provider
Alpha Realty MO LLC, original listing
Name
Alpha Realty MO LLC
Phone
(417) 839-4584
Office Name
Alpha Realty MO, LLC
Office Phone
(417) 719-1560
Agent Name
Daniel Kaczynski

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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.