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8508 Calland Road
West Liberty, OH 43357
V. Patrick Hamilton with RE/MAX Alliance Realty, original listing - (937) 652-1100
$579,900
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
2400 Square Feet
Property Description
Imagine a secluded wooded retreat down a long lane, surrounded by almost 20 acres of serene, wooded property divided into four parcels. This breathtaking estate features a grand ''Gone with the Wind'' styled home, offering 2400 square feet of living space, plus a full basement. Perched atop a hillside, the home provides picturesque pond views of a neighboring property. As you approach, the grand front porch with its impressive two-story white pillars welcomes you. Stepping inside, you're greeted by a stunning two-story foyer with a sweeping curved staircase as the focal point. To your right, you'll find the formal living and dining room, perfect for entertaining. To the left, an oversized family room with a cozy gas fireplace awaits. The centrally located kitchen is well-equipped with a range, refrigerator, microwave, and dishwasher, making it a chef's delight. Off the family room is a glass-enclosed, three-seasons room, offering tranquil wooded views--a perfect spot to relax and unwind. Completing the main level are a laundry room, an office or study that can double as a fourth bedroom, and a full bath. Upstairs, the home features three spacious bedrooms and another full bath, providing ample space for family and guests. The property also includes an oversized 2.5 car garage and a substantial 52x44 pole barn outbuilding with a concrete floor, office, lofts, electric, and water--ideal for storage or hobbies. The home is totally electric, ensuring no additional utility bills, with an average electric bill of $270 on level billing. This secluded retreat offers a unique opportunity to appreciate the beauty and tranquility of wooded living while enjoying other comforts and amenities. Parcels included are D08-04-13-26-00-013-00 (4.568 acres), D08-04-13-26-00-015-01 (7.572 acres), D08-04-13-26-00-016-01 (3.682 acres), and D08-13-26-00-016-00 (3.846 acres).
Property Information
Lot Size
19 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1976
MLS Number
--
Location
Address
8508 Calland Road
City
West Liberty
State
OH
Zip Code
43357
County
LOGAN (COUNTY)
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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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.