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1345a Buffington Road
Milner, GA 30257
$950,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
5062
Property Description
A TRULY UNIQUE HOME IN THE PERFECT SETTING! Take the driveway past fenced pastures and a picturesque pond until you arrive at a breathtaking home designed to fit perfectly in its gorgeous natural setting while seamlessly bringing in Wrightian influences. A soaring great room is the first thing to enjoy upon entering the home. The main floor flows circularly with a wood-burning stove in the family room, an exquisitely updated kitchen with beautiful granite countertops, stainless steel appliances (including a commercial-grade refrigerator), and a gas range built into the kitchen island with a massive range hood hanging above. The dining room is absolutely classic and sits next to a glass enclosed room with a hot tub! On the other side of the dining room from the kitchen sits the ideal living room with another fire place and tons of natural light from the large windows that run across the entire front of the home. The main floor also boasts two bedrooms, two updated full baths, and a large laundry room. Take the spiral staircase upstairs to the master bedroom and enjoy access to two balconies: one in the glass enclosed room and another extending from the bathroom to look out onto the pond. The master bath comes complete with an in-ground tub, separate shower, and double vanity. The full, finished basement wows with great areas for entertaining, particularly the wetbar, flanked by a storage area to ensure your bar is always stocked. With acres and acres to enjoy outside the home, you'll find a creek, and gorgeous fenced pasture. The natural beauty is matched by the property's functionality with RV Parking, a workshop, a detached garage/workshop, and a small barn. This property offers move-in readiness AND plenty of space and opportunity to put your own mark on it. You MUST see it for yourself. Additional 38.4 acres available, listed as 1345 Buffington Rd.
Property Information
Lot Size
20 acre(s) square ft
Property Type
Residential
Year Built
1976
MLS Number
7173463
Location
Address
1345a Buffington Road
City
Milner
State
GA
Zip Code
30257
County
LAMAR
Listing
Provider
Atlanta Fine Homes Sotheby's International Realty, original listing
Name
Atlanta Fine Homes Sotheby's International Realty
Phone
(404) 835-9601
Office Name
Atlanta Fine Homes Sotheby's International
Office Phone
(404) 874-0300
Agent Name
Haden Henderson

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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.