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1827 Craft Road
Elberton, GA 30635
Ryan Reed with RE/MAX Center, original listing - (770) 932-1234
$445,000
Conventional
Property
Bedroom
2
Bathroom
Full: 2
Property Type
Conventional
Square ft
1696 Square Feet
Property Description
Escape to Nature – Cozy Home on 48 Stunning Acres! Discover your own slice of paradise with this charming Craftsman-style home, nestled on ~48 acres of natural beauty. This property offers the perfect balance of serene timberland, a small pasture, and gorgeous hardwoods along Pickens Creek, complete with a bridge for easy access to explore the land. Originally a hunting lodge, this cozy home features an oversized living room, a country-style kitchen, a separate dining room, and a spacious master suite with a large bathroom. Relax and unwind on the inviting covered front porch, where you can take in the peaceful surroundings. The property is equipped with all the extras for those who enjoy working with their hands or need extra storage. It includes a detached barn/workshop, large storage sheds, and a two-story 8x12 storage building conveniently located behind the home. The land itself is truly remarkable, with ~16 acres of pasture and planted pines in the front, and ~32 acres of old-growth hardwoods across the creek. Trails meander through the property, allowing you to immerse yourself in the area's natural beauty. Wildlife abounds, making this an ideal retreat for outdoor enthusiasts. This property has been lovingly cared for and offers a rare opportunity to enjoy a tranquil lifestyle surrounded by nature. Don’t miss your chance—call today for all the details! Conveniently located just 15 minutes from downtown Hartwell, where you'll find boutique shops, art galleries, and delightful restaurants that embody Southern hospitality. This property is also close to Lake Russell, Lake Hartwell, premier golf courses like Cateechee Golf Club and Arrowhead Pointe Golf Course at Richard B. Russell State Park, and the private Elberton Gun Club, offering endless opportunities for recreation and relaxation.
Property Information
Lot Size
48 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1920
MLS Number
--
Location
Address
1827 Craft Road
City
Elberton
State
GA
Zip Code
30635
County
ELBERT
Listing
Name
Phone
(678) 409-2413
Office Name
Office Phone
(770) 932-1234
Agent Name
Ryan Reed
Agency Phone
(770) 932-1234

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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.