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7 Bear Run
Damascus, PA 18415
Lynne Freda with Matthew J. Freda Real Estate, Inc., original listing - (845) 887-5640
$449,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2
Property Type
Conventional
Square ft
1800 Square Feet
Property Description
Wow! A majestic turn-of-the (last) century home doesn't come along often! This very private, immaculately maintained farmhouse will amaze you with its incredible original details, such as tongue and groove walls, gleaming wood floors, even a stained-glass window, indicative of the legendary Kohler-built homes of the era. With 4 spacious bedrooms and 2 full baths, plus a modern, efficient kitchen, there's plenty of room for your family and friends. The huge living area has a pellet and woodstove to complement the forced-hot air heat powered by LP gas. The large deck is a great addition; allowing for outdoor dining/entertaining in the nice weather. Huge 28x24 2-story barn has so much space for vehicles, machinery, toys, storage! Gardeners take note: the greenhouse will help you get a jump on crops, and there is a fenced garden area. The lush 5-acre lawn lends itself to even more gardening or grazing for horses, livestock or chickens. The house is privately-set on a quiet road, but you're so close to everything. Delaware River access is 5 minutes away for water fun. Callicoon just 10 minutes away for shops. eateries. Honesdale is 25 minutes for big box stores. Don't miss your chance for complete serenity and a home like no other!
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1900
MLS Number
--
Location
Address
7 Bear Run
City
Damascus
State
PA
Zip Code
18415
County
WAYNE (COUNTY)
Listing
Name
Phone
(845) 887-5640
Office Name
Office Phone
(845) 887-5640
Agent Name
Lynne Freda
Agency Phone
(845) 887-5640

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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.