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13091 Cr 183 D
Overton, TX 75684
$358,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
2085
Property Description
Looking for a property that checks all the boxes? Quietly nestled off a beautiful East Texas county road, outside of city limits, this 3/2/2 on 2.25 acres is where you will find this charming 2013 custom built home. Featuring a convenient open-concept floor plan, the kitchen, with its custom-built cabinets highlighted by upper and lower lighting, double ovens, and gas cooktop, gives a view over the breakfast bar to the spacious living area, adorned with beautiful stained concrete floors which are carried throughout the home. This house has so many hidden conveniences, such as sound barrier wall between the master and living area, propane hookup for wall heater in case of power outages, lightening-resistant steel tubing, frost/freeze proof sprinkler spickets at every corner, custom built outdoor clothesline, and also a propane hookup outside for a generator. The master is perfectly situated away from the guest bedrooms, and the foam insulation is sure to keep you cool in the summer and warm in the winter! Enjoy the view of the great outdoors by means of the window-lined sunroom, or just carry it outside on the open back porch, which faces the perfect direction for shade in the evening sun (and set up to showcase your big screen!) to see the scenery and maybe even catch a view of some east Texas wildlife! Featuring "The Hooch", which would make a perfect mancave, "doghouse" or guest quarters, holds an extra bedroom, bathroom and kitchenette, completely separate (but not too far!) from the main home! Located behind the guest house, there is an RV hook up for your camper! This location offers a gorgeous rural setting, while still centrally located to the many resources Henderson, Kilgore, Tyler or Longview have to offer. Seller is offering one year warranty! If you're looking for a home that is move-in ready, and built with 100% attention to detail, this is the ONE!
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2013
MLS Number
20236772
Location
Address
13091 CR 183 D
City
Overton
State
TX
Zip Code
75684
County
RUSK
Listing
Provider
East Texas Preferred Properties, LLC, original listing
Name
East Texas Preferred Properties, LLC
Phone
(903) 984-0115
Office Name
East Texas Preferred Properties, LLC - Kilgor
Office Phone
(903) 984-0115
Agent Name
JESSICA PIERSON

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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.