Home for Sale at 5080 County Road 263, Lanett, AL 36863

5080 County Road 263
Lanett, AL 36863

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Property Details

List Price:	$2,400,000
Beds:	4
Baths:	3
Status:	Active
SqFt:	2618
Agency:	Berkshire Hathaway HomeServices Georgia Properties

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Description/Comments

Lot Size:	101 acre(s)
Property Type:	Residential
Year Built:	2022
Notes:	Welcome to Big Oak Farms! This slice of heaven offers it all! Perfect for a cattle farm or future equestrian farm, single family living, or a future entertainment venue. This farm offers 3 glistening spring fed ponds with catfish and bass (and more), riding trails, multiple paddocks with back scratches, fencing & cross fencing on over 65 acres of pastureland, and 2 large barns. One of the barns is generator operated with its own septic and bathroom, space for farm equipment, a covered arena and cattle chute, stalls and feeding troughs. The second barn contains a small studio apartment with bedroom/living space, bathroom, kitchen and laundry. It also contains lots of space for more farm equipment or utility vehicles. The pasture has multiple types of grass, great for hay bailing and apple and peach trees. This property also has a custom-built 2616 sqft home that is situated on the hill and wake up to stunning views of this magnificent land every day. This home is a ranch style home with an open concept and split bedroom plan and a 3-car garage. This home contains 4 beds, 3 baths, gourmet kitchen with a large quartz island, gas top 6 burner stove, double ovens, dining area, office space, large custom panty, and a beautiful Primary en suite with double vanities, separate soaking tub and tiled shower and generous closet. Don't miss the wrap around front porch that offers a beautiful view of the pasture and ponds and enjoy the back deck with a book and cup of coffee. This property also offers around 18 acres of unfenced land with 1100 feet of road frontage along County Road 267. A great addition for extra usage or a future development. Only minutes to West Point Lake and 20 minutes to Lagrange GA and Roanoke AL. You won't want to miss the opportunity to see this BEAUTIFUL property so call today!
MlsNumber:	7379118

Listing Provided By:	Berkshire Hathaway HomeServices Georgia Properties, original listing
Name:	Berkshire Hathaway HomeServices Georgia Properties
Phone:	(770) 254-8333
Office Name:	Coweta County
Office Phone:	(770) 254-8333
Agent Name:	Erin Looney
Disclaimer:	Copyright Â© 2024 Berkshire Hathaway HomeServices Georgia Properties. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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