Home for Sale at 1345 Wilber Street, South Bend, IN 46628

1345 Wilber Street
South Bend, IN 46628

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Property Details

List Price:	$185,100
Beds:	3
Baths:	3
Status:	Pending
SqFt:	2228
Agency:	Red Bow Investments LLC d/b/a Red Bow Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1924
Notes:	This Wonderful Wilber home has the curb appeal, updates, space and garages (yes garages, plural!) that you have been looking for!! At such an affordable price! Located in the desirable Keller Park area with Mussel Grove Park views right across the street, this home has the neighborhood and nature vibes you have been looking for! The beautifully renovated home offers 3 bedrooms, 2.5 baths, over 2,200 finished square feet and a 2 car attached garage PLUS a bonus 2 car detached garage all for only $179,900!?! Wow! You'll love the multiple options for a primary bedroom! There is a main floor primary with ensuite but there are also 2 very large bedrooms located upstairs with lots of storage and built ins! You'll also love the enclosed breezeway that really allows that Spring sun and air to flow in with direct access to the finished basement! Yes the basement is finished with another fireplace and an additional room that could be used for whatever you want! The kitchen is bright, brand new and beautiful with quartz counter tops and all new stainless steel appliances! You'll love that the backyard is fenced in and don't worry about parking. You have multiple driveways and plenty of off street parking for your guests! Both garages have brand new doors and overhead motors! At this price, it won't last long. Make sure you see it THIS WEEKEND! Agents read remarks.
MlsNumber:	202412257

Listing Provided By:	Red Bow Investments LLC d/b/a Red Bow Realty, original listing
Name:	Red Bow Investments LLC d/b/a Red Bow Realty
Phone:	(812) 606-2088
Office Name:	Red Bow Realty
Office Phone:	(574) 999-4269
Agent Name:	Leah Mark
Disclaimer:	Copyright Â© 2024 Greater South Bend-Mishawaka Association of Realtors. 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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