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90 Fodderstack Road
Highlands, NC 28741
$6,495,000
Conventional
Property
Bedroom
3
Bathroom
Full: 3, ½: 2
Property Type
Conventional
Square ft
--
Property Description
Enjoy sweeping mountain vistas from this immaculate, custom luxury home on Ravenel Ridge! Views of Whiteside, Fodderstack, and Chimneytop mountains greet you from almost every room in this luxurious home. Gracious entertaining begins in the stately living room, where floor-to-ceiling windows on opposite sides of the room let in plenty of natural light, and a stone fireplace at one end creates an intimate ambiance. The well-designed kitchen boasts Thermador appliances, two disposals, a dedicated hot water heater, and a fabulous island, around which everyone will want to gather. Adjacent to the kitchen is a Trex grilling porch. The main level owner's suite provides a tranquil retreat. It features a stone fireplace, a spa-like ensuite bath, dressing areas, and automatic shades that cover a wall of windows. The upper level hosts a family/game room, an office, and guest quarters. One guest room is a family suite that has two sleeping rooms, along with large closets and bath. A second guest room has an ensuite bath. The lower terrace level of the home has very high ceilings, making it suitable for a golf practice space, a theater, or a hobby/workroom. There is a half bath on this level, plus walk-in storage space that could be converted into a wine cellar. A climate conditioned two-car garage with extra storage adds to the convenience of this splendid home. Make it your own and discover the everyday pleasure that comes from living in this stunning mountain home!
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2000
MLS Number
--
Location
Address
90 Fodderstack Road
City
Highlands
State
NC
Zip Code
28741
County
MACON (County)
Listing
Name
Phone
(828) 526-1717
Office Name
Office Phone
(828) 526-1717
Agent Name
Dinah Davis
Agency Phone
(828) 526-1717

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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.