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61 Sawyer Pond Highlands
Greenville, ME 04441
Stephanie Boone with Realty of Maine, original listing - (207) 942-6310
$975,000
Conventional
Property
Bedroom
7
Bathroom
Full: 5
Property Type
Conventional
Square ft
5000 Square Feet
Property Description
250' of Waterfront & an indoor pool, need there be more? Well, there is. The main house has 3-4 bedrooms, 2 full baths, 2 beautiful stone fireplaces, a full unfinish insulated dry basement with lots or storage. Deck with hot-tub, 2 car garage with open unfinished room above, 1 car heated garage with 2 unfinished rooms above. Plus room for all the extended family you want or don't want. The additional living in-law SUITES(comes mostly furnished) include 4-5 bedrooms, 3 full baths, 3 kitchenettes a common living room or one more bedroom. These units are already set up to be private spaces with locking doors in case you decide to make extra income by renting. The common breezeway is heated and has access to laundry hook ups, and if desired the pool. The pool(19.5'x10' 4.5' at is max depth) and heated garage can lock off separately. This unique, rare property sits on 13.5 acres. Sawyer Pond is perfect for the serenity for fishing, swimming, kayaking, paddleboarding and more. Enjoy the hot tub after playing all day and listen to the sounds of the loons. ATV/snowmobile access from home. Downtown Greenville, the grocery store, Wilson Pond and Moosehead Lake are only 10-15 mins away. The privacy at the end of the this dead end road will make you never want to leave. This property is viewed by appointment only so schedule a time with your agent before entering the property. To help with maintenance, the seller is conveying the snowblower and rough cut mowing deck.
Property Information
Lot Size
13 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1995
MLS Number
--
Location
Address
61 Sawyer Pond Highlands
City
Greenville
State
ME
Zip Code
04441
County
PISCATAQUIS
Listing
Name
Phone
(207) 227-9858
Office Name
Office Phone
(207) 942-6310
Agent Name
Stephanie Boone
Agency Phone
(207) 942-6310

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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.