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141 Seng Rd.
Lemoyne, NE 69146
$900,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
2014
Property Description
Click here to view a 3D tour Location, location, location! 141 Seng Rd., Lemoyne, NE is your chance to own the best spot on Lake McConaughy. at the most convenient area, just east of Admirals Cove Resort. Admirals Cove offers a restaurant, lounge, and convenience center for all your needs. Plus, enjoy the sandy beaches just outside your door. Lets talk about views. With a wrap-around balcony on the upper floor of the home, the lake views are spectacular no matter the time of day. There is plenty of room to entertain friends, or enjoy an afternoon glass of wine. This property would also make a perfect vacation rental home, as it could host 3 separate groups at the same time. There are two full baths, and two full kitchens. Enjoy everything you could want as a lake house right here. This property comes fully furnished with very tasteful furniture, beds, all the appliances, extra upright freezers, and golf cart. The oversized two car garage is 840 sqft, and heated. There is also a Generac 24 KW/backup generator that was recently installed. A 715 sqft cabin runs on electric baseboard heat and a window unit for a/c. The cabin also has its own full bathroom. This is a must see property that has been meticulously maintained. 18 ft. Crestliner Boat with 115hp Evinrude motor in Like- new condition, could be purchased along with the property but separate from the purchase agreement. Price to be determined. Legal Description: TR IN NE1/4 120X89 17-15-39 .23A 1A-O-16 STR (17 15 39) KEITH COUNTY Taxes: $4,907.58 Address: 141 Seng Lemoyne, NE 69146 County: Keith
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1994
MLS Number
11221246
Location
Address
141 Seng Rd.
City
Lemoyne
State
NE
Zip Code
69146
County
KEITH
Listing
Provider
Lashley Land and Recreational Brokers, original listing
Name
Lashley Land and Recreational Brokers
Phone
(308) 532-9300
Office Name
Lashley Land and Recreational Brokers
Office Phone
(308) 532-9300
Agent Name
Jon Farley

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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.