Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
69 Union St. Downsville Ny
Downsville, NY 13755
Barry Jones with UPPER DELAWARE REAL ESTATE - Downsville, NY, original listing - (607) 363-2008
$88,000
Conventional
Property
Bedroom
3
Bathroom
Full: 1, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Unbeatable Opportunity: Affordable Fixer-Upper with Endless Potential In today's competitive real estate market, finding a home under budget is almost unheard of-but here's your chance! Priced well below market value, this property is a rare opportunity for anyone with the vision and determination to transform a house into their dream home. Nestled in the charming Catskill Mountain hamlet of Downsville, this three-bedroom, one-and-a-half-bathroom home with a one-car garage sits on a manageable lot in a friendly small-town neighborhood. While the house requires significant renovations, it offers tremendous potential. Inside, you'll find a solid foundation,nice pellet stove, spacious room sizes, and updated electrical systems with circuit breakers, providing a great starting point for a remodel. The home does need some work, including new roofing, fresh paint, patio doors, and an upgraded hot water heating system. However, opportunities like this are exceptionally rare-especially at such an affordable price. Even in its current condition, homes like this rarely hit the market. The compact backyard offers the perfect low-maintenance space for a small garden or patio retreat. The property is conveniently located within walking distance of stores, churches, restaurants, and Downsville Central School, which houses grades Pre-K through 12. For outdoor enthusiasts, the area boasts an abundance of hiking, fishing, and hunting opportunities, all just over two hours from NYC. With one of the lowest tax rates in New York State, this home is as economical as it is promising. Whether you're a first-time buyer, a seasoned investor, or someone looking for an affordable way into the market, this is a rare find. Don't miss your chance-schedule a showing today before someone else seizes this incredible opportunity. Deals like this are practically unheard of, so bring your contractor, imagination, and checkbook because this one won't last!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
--
MLS Number
--
Location
Address
69 Union St. Downsville NY
City
Downsville
State
NY
Zip Code
13755
County
DELAWARE
Listing
Provider
UPPER DELAWARE REAL ESTATE - Downsville, NY, original listing
Name
Phone
(607) 363-2008
Office Name
Office Phone
(607) 363-2008
Agent Name
Barry Jones
Agency Phone
(607) 363-2008

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.