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6519 Schuss Mountain Lane
Mancelona, MI 49659
Sarah Burlingame with Up North Properties, original listing - (231) 498-2498
$274,900
Conventional
Property
Bedroom
2
Bathroom
Full: 2
Property Type
Conventional
Square ft
850 Square Feet
Property Description
Welcome to an exceptional retreat at Schuss Mountain! This rare slope-side corner unit has been renovated, blending style and comfort in a prime location just steps from Schuss Village. With breathtaking views of the ski area from your front door, you are perfectly situated to enjoy year-round outdoor activities. The ski lifts, golf course, walking path, pool, and hot tub are all within walking distance of the condo, making this the ideal getaway for both skiing and golfing enthusiasts. This turn-key condo is offered fully furnished and spread over two levels; the interior is bright and airy, with tall ceilings and ample windows. It features a brand-new couch and thoughtfully selected seasonal artwork from a local artist. Each bedroom has its own private updated bathroom, complete with a shower over tub, ensuring comfort and privacy for all guests. The kitchenette and living room share an open concept for gathering with friends and family. The property allows for short-term rentals and comes with some pre-booked rentals that will transfer to the new owner. Rental history is available for review. The freshly maintained front deck welcomes you with a two-step entry from the convenient parking. It's an inviting space to enjoy morning coffee in the sun or relax in the evening after golf. The vibrant town of Bellaire is just a short drive away, offering a local brewery, shopping, and dining. Additionally, the nearby Lake Bellaire and chain of lakes provide endless boating adventures, allowing you to explore Clam Lake, Torch Lake, and more. Traverse City, Gaylord, and Petoskey are an easy commute. This slope-side retreat at Schuss Mountain is not just a condo; it’s an opportunity to embrace a lifestyle of adventure and relaxation throughout the year in beautiful Northern Michigan. Don’t miss this unique chance to own a piece of paradise.
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Condominium
Year Built
1972
MLS Number
--
Location
Address
6519 Schuss Mountain Lane
City
Mancelona
State
MI
Zip Code
49659
County
ANTRIM
Listing
Name
Phone
(231) 883-4509
Office Name
Office Phone
(231) 498-2498
Agent Name
Sarah Burlingame
Agency Phone
(231) 498-2498

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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.