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753 Bellevue Avenue
Springfield, OH 45503
$162,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1292
Property Description
This owner has taken meticulous care of this home for approximately 56 years! As you enter the home, which was built in the early 1950s, you are quick to note the arched doorways and the original and beautifully maintained original hardwood floors. The living room also has a wood-burning stove insert. The eat-in kitchen has updated cabinets and countertops as well as additional pantry space. The refrigerator, gas range, and dishwasher all stay with the home. There is a bonus room on the house with knotty pine walls and a large closet and the owners believe it was built originally as a beauty salon! It has its own entrance and would make a wonderful office, guest room, craft room, you name it! There is a one-car attached garage that is conveniently located just off the kitchen, which is great for carrying in the groceries. There is a partially covered brick patio that sits just off the private driveway. The first floor of the home has a whole house fan and ceiling fans in all the bedrooms. The windows have been replaced. There is one full bath on the main floor and one with a step-in shower in the impressively well-designed basement which includes an enormous family room, a bar with a seating area as well as an informal eating area to place the snacks for those fun get-togethers - like say graduation parties! There is also a utility room and approximately 23 square feet of storage area. The gas water heater was new within the last couple of years and the furnace was installed in 2009 and has been serviced regularly.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1953
MLS Number
1031953
Location
Address
753 Bellevue Avenue
City
Springfield
State
OH
Zip Code
45503
County
CLARK
Listing
Provider
Home City Real Estate, original listing
Name
Home City Real Estate
Phone
(937) 505-3875
Office Name
Home City Real Estate
Office Phone
(937) 505-3875
Agent Name
Lisa Smedley

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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.

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.