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51 Hamilton Road
Burlingham, NY 12722
Arlena Armstrong-petock with Catskill Mountain Houses, original listing - (845) 397-2590
$330,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
1587 Square Feet
Property Description
Step back in time with this charming 1820s farmhouse, blending vintage appeal with modern convenience, just an hour from NYC. Nestled in the rolling countryside of Pine Bush, this historic gem offers character at every turn. Original hardwood floors, exposed beams, and period details transport you to a simpler era, while thoughtful updates throughout make this home perfect for today's lifestyle. Enter through the classic red front door to the foyer. The spacious living areas include a sunlit parlor, perfect for morning coffee or afternoon reading, and a large dining room ready for gatherings. Warm up next to the living room's woodstove, adding ambiance for cozy evenings in. The country kitchen boasts updated appliances while maintaining its rustic charm, and a cozy mudroom with first floor laundry is just off the kitchen with a door out to the driveway - very convenient for your produce hauls from the surrounding farms. The renovated bathroom combines old-world charm with modern finishes. Upstairs, generously sized bedrooms overlook the serene landscape, providing a peaceful retreat at the end of the day. Step outside to enjoy the fenced backyard, offering space for gardening, outdoor entertaining, or simply relaxing under the shade of mature trees. Located in the heart of Pine Bush, you're just minutes from local favorites like the Fair Oak Drive-In Theater, Wallkill Golf Club, One with Land restaurant, Cup and Saucer Diner, the eclectic Pine Bush Tap House, Magnanini Winery and Christopher Jacob's Winery, scenic hikes at Sam's Point Preserve and Roosa Gap State Forest, and climbing at the Gunks. With the Shawangunk Ridge in your backyard and the city just a short drive away, this farmhouse offers the best of both worlds.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1820
MLS Number
--
Location
Address
51 Hamilton Road
City
Burlingham
State
NY
Zip Code
12722
County
SULLIVAN
Listing
Provider
Catskill Mountain Houses, original listing
Name
Phone
(412) 760-0176
Office Name
Office Phone
(845) 397-2590
Agent Name
Arlena Armstrong-petock
Agency Phone
(347) 821-8564

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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.