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0x Pink Williams Road
Dawsonville, GA 30534
Victor Dover with Dover Realty & Investments, Inc., original listing - (706) 864-2600
$3,410,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
--
Property Description
THE ETOWAH - A RIVER EXQUISITE. Rarely within the continental United States will you find a private holding of land that contains close to a mile of wild river flowing through. But here in the North Georgia Mountains and just outside the scenic town of Dahlonega - Southern Living Magazine's "Best Small Town in Georgia" - you'll find exactly that. Here on a 124 acre tract, the waters flow through unbridled, winding across the property and moving from deep, quiet pools to sparkling rapids punctuated with massive boulders of granite. Privacy is assured with neither sight nor sound of another human. A long, gentle walking path parallels the river for much of the property and across the ridgeline crest extends gentle rounded terrain. Hike up to a view and the thunderous sounds of the Falls of the Etowah just above the property, or sit alongside a rugged whitewater creek that slides across the granite and tumbles down in waterfalling sheets. Scattered along a little clearwatered branch are remnants of a quartz-stone foundation and chimney from an old homesteader's cabin and an era of memories long passed. All around is a beautiful and natural setting of thriving timber and a scenic native understory that changes with the seasons in texture and color. Come play, camp, fish, float, canoe, build, live - or just sit and listen to the waters in solace. Access is via groomed gravel roadways that bring you in all the way to the water. Infrequent is the opportunity within one's lifetime to acquire such a substantive property with a river of such exquisite existence.
Property Information
Lot Size
124 acre(s) square ft
Property Type
Land-Unimproved Land
Year Built
--
MLS Number
--
Location
Address
0x Pink Williams Road
City
Dawsonville
State
GA
Zip Code
30534
County
DAWSON
Listing
Name
Phone
(706) 864-2600
Office Name
Office Phone
(706) 864-2600
Agent Name
Victor Dover
Agency Phone
(706) 864-2600

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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.