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750 Holder Loop Road
Rising Fawn, GA 30738
$1,250,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
1746 Square Feet
Property Description
136+/- Acre Farm and home within 35 minutes of Chattanooga. Sweeping pastures are framed by mature hardwoods, a creek, and Views of Lookout Mountain. This North Georgia opportunity hosts a charming home, useful Barn, and fenced pastures to make your farm dream a reality. Gated entry, curved driveway, and extensive fencing offer a Turn-Key property, whether starting a new rural lifestyle or growing your operation. Your opportunities here can be endless: raise livestock, add a vegetable garden, plant flower fields, design your barn, even build a new custom home. Level and rolling pastures, barn with water and power, partial woodlands, and small creek have all the makings of an ideal farm to reap the fruits of your labor. Nestled on a hilltop with a classic 3-rail fence, the home is perched in wooded seclusion. Inside, vaulted ceilings magnify the natural light, spacious living area, and brick fireplace. Sliding doors in the formal dining area open onto the expansive deck and backyard. The eat-in kitchen features granite countertops, stainless appliances, and classic cabinetry. Primary bedroom and bathroom are located on the Main Level for convenience. Upstairs hosts 2 additional bedrooms and full bathroom. 2-car garage, additional storage, and utility room host the 2-year-old generator and New Hvac. With Fiber Optics Internet, say hello to country living without compromising connectivity and convenience. Variety of dining, shopping, medical, and professional services are available within 30 minutes of your front door. I-59 is only 7 minutes away and this rural location benefits from southern cities within range: 30 minutes to Chattanooga, 1.5 hours to Huntsville, 2 hours to Nashville, 2.5 hours to Atlanta. Less than 30 minutes to the renowned historic McLemore Club with internationally ranked golf, luxury dining, and entertainment. Spectacular views of historic McLemore Cove are a hallmark of the Highlands golf course, cited by Golf Digest as having the "Best Finishing Hole in America Since 2000" and deemed a "Top 10 Finishing Hole" in the world by Links Magazine. A second world-class golf course boasting cliff-edge holes opens this fall. Find outdoor offerings within 40 minutes including Cloudland Canyon State Park, Little River Canyon Nature Preserve, and Crockford-Pigeon Mountain Wildlife Management Area. This State-owned 20,000+ acre area is popular for its hunting, hiking, rock climbing, and more. Take advantage of this rare opportunity for sprawling acreage, cozy home, views, and privacy. Schedule your private showing today and experience the rural lifestyle at its finest. (No value given to storage shed and older home. Items that do not remain: Foyer Chandelier, Dining Room Chandelier, Backyard Fountain, Two Freezers, Washer and Dryer. Sale includes Parcels 029 00 083 02, Deed Book 521, Deed Page 286; Parcel 029 00 083 00, Deed Book 521, Deed Page 289; Parcel 029 00 085 00, Deed Book 521, Deed Page 291. Some images may be virtually staged. Any and all property lines on photos are simulated and are approximate.)
Property Information
Lot Size
136 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1986
MLS Number
--
Location
Address
750 Holder Loop Road
City
Rising Fawn
State
GA
Zip Code
30738
County
DADE
Listing
Name
Phone
(423) 664-1914
Office Name
Office Phone
(423) 664-1900
Agent Name
Todd Henon
Agency Phone
(423) 664-1900

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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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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.