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856 East Lawn Avenue
Urbana, OH 43078
V. Patrick Hamilton with RE/MAX Alliance Realty, original listing - (937) 652-1100
$199,900
Conventional
Property
Bedroom
2
Bathroom
Full: 1
Property Type
Conventional
Square ft
1042 Square Feet
Property Description
Situated on a prime corner lot just one block from Urbana City Park, this charming one-level home offers convenience, comfort, and style. With its proximity to the park's many amenities, including the City Pool, fishing pond, pickleball courts, dog park, and playground, this property provides the perfect balance of indoor and outdoor living. Inside, the home features 2, possibly 3 bedrooms, an updated bathroom, and a full basement that can be utilized as additional living space, a recreation room (pool table stays), or for excellent storage. Upon entering the living room, your attention is immediately drawn to the gleaming hardwood floors and the oversized bay window that floods the space with natural sunlight. Adjacent to the living room is a cozy dining area that seamlessly flows into the kitchen. The kitchen boasts an abundance of cabinetry and counter space, and all appliances convey with the home, including a range, refrigerator, microwave, trash compactor, and dishwasher. A water softener, washer, and dryer are also included in the sale, adding extra convenience. On the opposite side of the home, you'll find the bedrooms, all showcasing the same beautiful hardwood floors. The third room offers flexibility to serve as a bedroom, nursery, or home office. The bathroom is a standout feature, having been updated to include an impressive walk-in shower, making it a must-see. Outdoor living is equally inviting, with a breezeway connecting to the patio area and a fenced backyard, perfect for relaxing or entertaining. Recent updates to the home include new windows (2024), a furnace (2021), vinyl siding (2022), and central air (2010). Budget-friendly utilities add to the appeal, with monthly averages of $74 for electricity, $139 for gas, and $63 for water. Move-in ready and located in the heart of Urbana, this ranch-style home is truly a rare find!
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Single Family Residence
Year Built
1955
MLS Number
--
Location
Address
856 East Lawn Avenue
City
Urbana
State
OH
Zip Code
43078
County
CHAMPAIGN
Listing
Name
Phone
(937) 869-1809
Office Name
Office Phone
(937) 652-1100
Agent Name
V. Patrick Hamilton
Agency Phone
(937) 652-1100

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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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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.