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1448 Ogallala Beach Road
Ogallala, NE 69153
Tena Most with Fuller & Associates Realty, original listing - (308) 284-2100
$975,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4
Property Type
Conventional
Square ft
3744 Square Feet
Property Description
Spectacular home on Lake McConaughy! Imagine a sanctuary perched atop a gentle hill, offering panoramic vistas that stretch as far as the eyer can see. Unparalleled views that captivate and inspire from every angle. Stepping inside this lake home, you're immediately greeted by a view up to the Eagles Nest and into the open main living area. This sleek, modern beach house, with its strong connection to the natural beauty of the surrounding environment from all levels of the home, is a fusion of contemporary design elements with lively, whimsical touches to create a space that is both stylish and vibrant. This home embodies a perfect balance between sophistication, relaxation, and fun.The comfortable interior, with its variety of open and private spaces, promotes a sense of well-being by immersing occupants into natural settings which surround the home. Panoramic windows offer expansive, unobstructed views and ample natural light. The wrap-around covered deck and two upper open decks allow you to take in truly magical and memorable sunrises and sunsets year round. Location, Location, Location... its an easy 10 min walk to Ogallala Beach to kayak, swim, hike or just relax on the sandy beach or take more adventurous hikes down to the lake via the west end of the lot which is connected to public land. Either way, you are not far from the water and various other outdoor amenities. You are also proximate to restaurants, bars, or shopping as it is only a 5 min drive into Ogallala, a town steeped in history and charm. Whether you're hosting intimate gatherings hammocking under the stars, relaxing around the hexagonal swing fire pit area, or simply enjoying quiet moments of solitude, this property offers a haven where memories are made and cherished a lifetime.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential-Single Family Attached
Year Built
2018
MLS Number
--
Location
Address
1448 Ogallala Beach Road
City
Ogallala
State
NE
Zip Code
69153
County
KEITH
Listing
Provider
Fuller & Associates Realty, original listing
Name
Phone
(308) 284-2100
Office Name
Office Phone
(308) 284-2100
Agent Name
Tena Most
Agency Phone
(308) 284-2100

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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.