Home for Sale at 190 Horse Creek Park Road, Chuckey, TN 37641

190 Horse Creek Park Road
Chuckey, TN 37641

« Prev

Property Details

List Price:	$365,000
Beds:	2
Baths:	2
Status:	Active
SqFt:	2352
Agency:	SAXON CLARK REAL ESTATE GROUP

Map Details Show Map | Show StreetView

Warning: Invalid argument supplied for foreach() in /var/www/hudex/templates/importanthomescyphersvideo/html/com_propertylist/details/default.php on line 469

Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	1969
Notes:	Comfortable living in the country awaits the next owner of this well-maintained home. With a picturesque setting on one and a half acres, this home provides the peace and quiet everyone needs. The sound from the creek that runs through the front yard will help one wind down after a busy day. Inside, the gorgeous view from the large picture window in the living room is a favorite feature. There is a spacious eat-in kitchen, one full bath and three bedrooms upstairs. The third bedroom has been converted into a large laundry room that also has a walk-in shower. Washer and dryer hookup is still available in the basement. Downstairs is another large room that could be used for multiple purposes, an unfinished storage room, one car garage, a half bath and a smaller room where the current owner has operated a beauty salon. The wrap-around driveway provides access to the drive under garage, or continues around to the two-car carport. There are two fireplaces, one with gas logs, but they have not been used recently. A Leaf Guard gutter system was installed in 2021 that has a convenient EZ cleanout access on all four downspouts. Other updates include a new garage door in 2023; Dishwasher and kitchen sink in 2022; freshly painted kitchen cabinets, ceiling and interior trim. The park-like setting has beautiful landscaping that includes native mountain laurel. While the property is quiet and private, it is only a short drive to town. All information deemed reliable--buyer/buyer's agent to verify.
MlsNumber:	9965321

Listing Provided By:	SAXON CLARK REAL ESTATE GROUP, original listing
Name:	SAXON CLARK REAL ESTATE GROUP
Phone:	(423) 765-9118
Office Name:	Weichert Realtors Saxon Clark KPT
Office Phone:	(423) 765-9118
Agent Name:	Jeffrey McReynolds
Disclaimer:	Copyright Â© 2024 Tennessee Virginia Regional Multiple Listing Service. 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.

HudExchange.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

HudExchange.com is an Equal Housing Opportunity

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -

Property Details

Map Details Show Map | Show StreetView

Description/Comments

USHUD.com on the Go!

HUD Foreclosures

Foreclosure Listings Increasing