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90965 Poodle Creek Rd
Noti, OR 97461
$699,000
Conventional
Property
Bedroom
4
Bathroom
1
Property Type
Conventional
Square ft
1656
Property Description
Equestrian Property provides serenity and beauty with the Long Tom River running through one corner.  The country farmhouse has been loved and is perfectly suited for ranch life. The entry way is designed for coat and boot storage. The mud/laundry room at the back of the house has room to spread out with vaulted ceilings and potential for extra storage.  New trim and fresh paint throughout, shiplap, wainscoting, claw foot tub, whisky barrel sink, antique stove, and fridge as well as a barn door into the kitchen are just a few of the touches you will adore.  The home boasts a metal roof installed in 2018 and 4 bedrooms.  The ranch includes several barns, bunk house, shop, large pump house with 2 separate rooms and canning shelves as well as a Tool shed, outdoor arena 196x66, round pen 60',5 pastures, all weather footing everywhere as well as hot wire all  designed for year round riding.  Wooden fencing abound, perimeter fencing,  The foaling barn includes an area for hay and tractor storage, cameras, 2 double stalls, attached runs and foal friendly fencing.   The training barn includes attached runs and all weather footing, custom insulated tack room and feed room and hot and cold water.  Currently the property is set up with 11 stalls and can adjust to as many as 15.  Check out the Pig Pen, chicken coop, raised bed and producing fruit & nut trees including peach apricot nectarine, cherry, Asian pear, apple, pear plum, almond and hazelnut.  The property formerly a strawberry farm has strawberries as well as goose, currents, blueberries, raspberries, grapes and has been organic for years.  Internet is Hughes and Spectrum is available at the road.  See the property feature list attached for much more details. And... a trail path down the bank will give way to a swimming hole has provided much summer fun.
Property Information
Lot Size
8 acre(s) square ft
Property Type
Residential
Year Built
1999
MLS Number
24340559
Location
Address
90965 POODLE CREEK RD
City
Noti
State
OR
Zip Code
97461
County
LANE
Listing
Provider
Hybrid Real Estate, original listing
Name
Hybrid Real Estate
Phone
(541) 343-0322
Office Name
Hybrid Real Estate
Office Phone
(541) 343-0322
Agent Name
Cheryl Chambers

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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.