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7260 South Fork Rd
Salyer, CA 95563
$2,100,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
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Property Description
OVER ONE MILE OF RIVER FRONTAGE! This is a special place along the South Fork of the Trinity River surrounded by the Six Rivers National Forest. With approximately 300 acres of tall timber, meandering meadows, and plentiful wildlife, this property inspires awe. Watch light from the setting sun reflected on the forested mountainside. Listen to the music of an enchanting, wild river. As the cornerstone of the property, the river access, and 3 separate, unique beaches provide privacy and warm-water swimming holes that rejuvenate the body and soothe the soul. The improvements include two modern houses with their own 48-volt solar systems and plentiful water from Ammon Creek before flowing into the Trinity. The houses afford both comfort and rustic class and offer complimentary attributes. One home has a large sleeping loft and screened eating porch thoughtfully designed for function and aesthetics. The other home is engineered to be cool with its thick concrete slab foundation and built-in radiant heat tile floors for the colder months. The screened outside eating area with a hand-crafted Argentinian grill complements the functional yet modern design. There is also a small meditation or sleeping hut overlooking the river, allowing for privacy and relaxation. There are two access roads to the property. The current main access road is through the neighboring USFS land and behind a locked gate for added privacy. The other is the famous "Broken Bridge" as it is known to locals. The bridge could be rebuilt should the new owners desire a quicker route to town. The South Fork of the Trinity is undammed and pure, providing warm and calm waters in the summer and wild rushing splendor in the winter. This property makes a great family compound, wilderness retreat, and hunting and fishing treasure. Seize this unique opportunity to own a legendary wilderness river property. A magical place like this is a once-in-a-lifetime find. Property Highlights: 300 +/- acres on the South Fork of Trinity River2 newer homes (1500 sq ft & 1800 sq ft)Excellent water - Ammon Creek riparian rightsPrivate beaches & swimming/fishing holesTwo access roads to the property Screened dining rooms at each houseArgentina-style BBQ pitDiverse topography: River, Forest, Creek, & Meadows2 separate 48-volt solar systems
Property Information
Lot Size
320 acre(s) square ft
Property Type
Lots And Land
Year Built
--
MLS Number
--
Location
Address
7260 South Fork Rd
City
Salyer
State
CA
Zip Code
95563
County
TRINITY
Listing
Provider
Name
Phone
Office Name
California Outdoor Properties, Inc - Arcata
Office Phone
(619) 933-5504
Agent Name
Doren Morgan

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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.