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2524 Webb Camp Rd.
Aimwell, LA 71343
Stihl Smith with Brown Realty Co. of Rayville, Inc., original listing - (318) 728-9544
$180,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2
Property Type
Conventional
Square ft
2018 Square Feet
Property Description
Check out this seventeen-acre paradise with a home that's loaded with deer and has beautiful scenery. The house is a three-bedroom, two-bath, double-wide home with walk-in closets. The A/C and roof are both under five years old. When in the home, you can look out the double-paned glass windows that fold out and see all kinds of wildlife, as seen in the pictures. There are monster bucks (in the front yard), turkeys, albino deer, and some hogs. The land has been meticulously maintained, and the seller has put a food plot beside the home for the deer and wildlife. Ford Creek joins this property on the eastern boundary, and it feels like you're not in Louisiana down there. The creek has some gorgeous rocks and a cool sandbar. The entry is gated, and there is one way in one way and no visible neighbors. There are two sheds on the property that both have electricity. One of them is new and has two 20x22 overhangs on each side. The seller has installed five ultra-bright LED lights that produce over 104,000 lumens to light up the front and back of the home. A couple of the features you will find inside are a wood-burning fireplace and an island in the kitchen. You will be way out in the country here, and this is an excellent place if SHTF. The property is 7.5 miles from Harrisonburg, 12.5 miles from Jena, and 18 miles from Olla. The land is located off a blacktop road where you can keep your vehicle clean. About half of the property is cleared, and the other half is woods. This hunting land sits in the northwest part of Catahoula parish and is located in a flood zone; the home has never flooded. Come check out this incredible opportunity.
Property Information
Lot Size
17 acre(s) square ft
Property Type
Other-Mobile Home
Year Built
2002
MLS Number
--
Location
Address
2524 Webb Camp Rd.
City
Aimwell
State
LA
Zip Code
71343
County
CATAHOULA
Listing
Provider
Brown Realty Co. of Rayville, Inc., original listing
Name
Phone
(318) 728-9544
Office Name
Office Phone
(318) 728-9544
Agent Name
Stihl Smith
Agency Phone
(318) 728-9544

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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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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.