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1248 Horton Mill
Oneonta, AL 35121
Travis Cleveland with National Land Realty, Gulf Coast, original listing - (855) NLR-LAND
$1,299,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3
Property Type
Conventional
Square ft
2200 Square Feet
Property Description
Mountain Top Farms provides the ultimate getaway for family and friends to come together and enjoy the outdoors. This farm is a hunters dream with the opportunity to hunt the well managed deer herd that includes both whitetail deer and fallow deer. It also offers turkey hunting in the spring, fishing in the pond in the summer, and an extensive trail system that weaves throughout this property perfect for riding around and enjoying nature. The fact that this property is entirely under fence also allows you to maintain the deer herd to your specific desires. The log home on this property has four bedrooms, two and half baths, and a large laundry room that comes right off of the attached two car garage. The most recent update to the home is the expansion of the backyard to provide more space to entertain or have the possibility of adding a pool in the future.  The property itself offers several hunting setups including food-plots equipped with Texas Hunter blinds as well as bow hunting setups in the timber overlooking the ridges that roll throughout the land.  The perimeter fencing is very well done and even has a road around the entire property for ease of maintaining. Not only do you have an access road around the property, but you will also find a well maintained internal road system that gives you access across the property year around. Mountain Top Farms is conveniently located just 6.5 miles from downtown Oneonta, AL where you will have access to shopping, restaurants, fuel and grocery stores right at your fingertips. It is also located just 44 miles from Birmingham, AL , 35 miles from Guntersville, AL , and 32 miles from Cullman, AL, making this prime location. 
Property Information
Lot Size
120 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
--
MLS Number
--
Location
Address
1248 Horton Mill
City
Oneonta
State
AL
Zip Code
35121
County
BLOUNT
Listing
Provider
National Land Realty, Gulf Coast, original listing
Name
Phone
(855) 657-5263
Office Name
Office Phone
(855) NLR-LAND
Agent Name
Travis Cleveland
Agency Phone
(855) NLR-LAND

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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.