Home for Sale at 17909 18 Mile Road, Big Rapids, MI 49307

17909 18 Mile Road
Big Rapids, MI 49307

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Property Details

List Price:	$257,500
Beds:	3
Baths:	2
Status:	Active
SqFt:	1612
Agency:	ERA Greater North Properties

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Description/Comments

Lot Size:	2 acre(s)
Property Type:	Residential
Year Built:	2001
Notes:	Welcome to your dream home nestled in the countryside with beautiful views of Townline Lake! This gorgeous 3-bedroom, 2-bathroom home spans over 1600 finished square feet, offering you the perfect blend of comfort and luxury. As you step inside, you'll be greeted by a warm and inviting ambiance, enhanced by recent updates including new flooring in the bedrooms, fresh paint throughout, and a cozy wood-burning stove, perfect for chilly evenings. Entertain guests or simply relax with loved ones in the spacious living areas, flooded with natural light and adorned with charming accents. The heart of the home, the kitchen, has ample cabinet and counter space, and a bar top that make prep and serving convenient. Step outside onto the 20x30 deck, where you can soak in the views of the 2 acre lot. Whether you're hosting summer barbecues or simply unwinding after a long day, this outdoor oasis is sure to become your favorite spot. This home features a full walkout basement, which could easily be finished for added living space, and an attached garage, providing plenty of storage space for all your belongings and vehicles. With easy access to Big Rapids, you'll appreciate the convenience of all the amenities the town has to offer while still enjoying the privacy and serenity of country living. Experience the best of both worlds in this exceptional property. Don't miss your chance to make this stunning home yours and start living the life you've always dreamed of! Prepare to fall in love with everything this home has to offer.
MlsNumber:	24022177

Listing Provided By:	ERA Greater North Properties, original listing
Name:	ERA Greater North Properties
Phone:	(231) 779-8088
Office Name:	ERA Greater North Properties
Office Phone:	(231) 779-8088
Agent Name:	Rebekka Crawford
Disclaimer:	Copyright Â© 2024 Michigan Regional Information Center, LLC. 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.

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.

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Property Details

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Description/Comments

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HUD Foreclosures

Foreclosure Listings Increasing