Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
7723 East Langley Road
Elm City, NC 27822
Andrew Walters with Mossy Oak Properties Land and Farms, original listing - (252) 480-5263
$239,900
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
--
Property Description
24.1 Acres of Farmland and Timberland For Sale in Wilson County! This property is a mixture of planted pines, natural hardwoods, and farmland acreage. There's approximately 1,960 feet of road frontage on East Langley Road. Of the 24 acres, approximately 13 acres consist of open farmland that's currently being used for row crop agriculture. The planted pines consist of 7 acres, and the natural stand of hardwoods is roughly 4 acres. There is a drainage ditch that dissects the farmland acreage but none of the property is in the FEMA floodplain and not encompassed in any wetland designated areas. There are several soil types present, such as Aycock loam, Exum, Goldsboro, and Norfolk soils. This property would be ideal for your investment portfolio. The farmland acreage is leased out annually for agricultural production, bringing in annual lease monies. The timber can also be managed and thinned for future harvests. There's also enough open land where a home site or two could very easily be situated. No soil evaluation has been done at this time. This property features no restrictions so it would be ideal for a mini farm or equestrian property. The open farmland, and may also be eligible for conservation easement programs. From the property, You are roughly 20 minutes to Wilson, 10 minutes to Pinetops, and 20 minutes to Rocky Mount. This particular area of Wilson County is very rural so the neighboring properties consist of large tracts of timberland and farmland acreages. Properties such as this rarely hit the market, so act now to see this one before it's gone!
Property Information
Lot Size
24 acre(s) square ft
Property Type
Land-Other
Year Built
--
MLS Number
--
Location
Address
7723 East Langley Road
City
Elm City
State
NC
Zip Code
27822
County
WILSON
Listing
Provider
Mossy Oak Properties Land and Farms, original listing
Name
Phone
(252) 904-3184
Office Name
Office Phone
(252) 480-5263
Agent Name
Andrew Walters
Agency Phone
(252) 480-5263

Local Real Estate Expert

SB
Spencer Brown
1st Class Real Estate Triangle East
Call Today!: (252) 907-1259

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.