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Seldom Seen Road
Grand Valley, PA 16420
Brian Bullard with Timberland Realty - Falconer, original listing - (716) 962-9935
$298,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
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Property Description
This is the tale of two properties; the east side which is hardwood dominated by hard maple, soft maple, cherry and more, and the west side that is dominated by gorgeous mature hemlock that shroud and protect Pine Creek, a stocked trout stream, as it flows through the property. There is significant timber value on the property and no recent harvesting has been done. Access on the east is by way of a well developed gravel road that is drivable from front to back. The hardwoods are a combination of mature maple and cherry and a young lush growth of trees in the pole-small sawtimber stage that will create value for years to come. There is no developed access on the west side, though it is easy walking. The dense hemlock forest is shady and cool and a great place to sit above the creek and relax. Pine Creek is a stocked trout stream. The State does have well marked walk-in only access points at the west end of the property on both sides of the road. The public does have the right to fish the stream bed but not to occupy any other part of the property. There are multiple excellent potential sites for a camp or second home here. There is no electric nearby so plan on an off-grid set up with solar, propane, a generator or a combination thereof. There is abundant deer sign throughout the property as well as turkey. This is bear country too, so you might just encounter one during the season with a little luck! There is a gas well on the property. The seller does not own the oil and gas rights so they do not transfer. The timber rights will transfer. The property has approximately 1,760 feet of road frontage on both sides of Seldom Seen Road and electric is not available at the road front. If a quiet, secluded spot is what you are seeking with good hunting and fishing right out your door, then take a look at this property. It might be just what you are looking for!
Property Information
Lot Size
66 acre(s) square ft
Property Type
Land-Other
Year Built
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MLS Number
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Location
Address
Seldom Seen Road
City
Grand Valley
State
PA
Zip Code
16420
County
WARREN
Listing
Provider
Timberland Realty - Falconer, original listing
Name
Phone
(716) 962-9935
Office Name
Office Phone
(716) 962-9935
Agent Name
Brian Bullard
Agency Phone
(716) 962-9935

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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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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.