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18959 Ga Sr 169 Highway
Other, GA 30453
Charla Nail with Kelly Driggers Realty Corporation, original listing - (912) 230-2008
$520,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
2400 Square Feet
Property Description
Imagine a charming 3 bedroom, 2 1/2 bath home nestled amidst a sprawling 20-acre property. Built in the classic style of the late 1960s, this house features a brick exterior, with breathtaking views of the surrounding countryside. Inside, the home boasts retro-inspired décor, complete with vinyl floors, avocado green appliances, and wood paneling. New carpet adds an update to this beautiful home. The property itself is a nature lover's paradise. Centrally located between Evans and Tattnall County, this property is lined with Pecan trees and Crepe Myrtles. Multiple blueberry bushes promise a sweet summertime harvest. Behind the home, planted pines add a touch of evergreen beauty and may offer a future timber harvest. This property formerly featured a large pond, that most likely can be restored. The home and property together create a serene and idyllic retreat, offering a glimpse into the simpler times of the 1960s. This home will be sold as is. You may want to preserve the classic features of the home. If so, it's move in ready! If you prefer to update the home, then you have a sound structure with a recently updated roof to kick off your renovations. Either way, the opportunity to own this much acreage in a beautiful, peaceful setting is rare! Don't let this one get away!
Property Information
Lot Size
20 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1969
MLS Number
--
Location
Address
18959 GA SR 169 Highway
City
Other
State
GA
Zip Code
30453
County
TATTNALL
Listing
Provider
Kelly Driggers Realty Corporation, original listing
Name
Phone
(912) 237-0821
Office Name
Office Phone
(912) 230-2008
Agent Name
Charla Nail
Agency Phone
(912) 230-2008

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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.