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3057 Ne 975th Rd
Osceola, MO 64776
$550,000
Conventional
Property
Bedroom
--
Bathroom
--
Property Type
Conventional
Square ft
752
Property Description
This serene 79.1 acres is ready for someone to call home. Featured in the center of the property are 2 new insulated cabins. The smaller 12x16 cabin has sleeping quarters for 4 and includes a half bath and mini split. The second larger cabin connected by a giant deck, overlooks the best view on the property, a nearly 1-acre spring fed pond with its own dock, stocked with bluegill, crappie, and largemouth bass. This cabin is 14x40 and includes two lofted sleeping areas, one downstairs bedroom, 2 full bathrooms, stacked washer and dryer as well as a nice area for a corner closet. The living/kitchen area features the full works with an electric range, microwave, dishwasher, and huge 12v refrigerator. The lighting and ventilation system are 12v, the well pump and mini split heating and air systems are 110v and can be ran from a generator or a properly installed solar system, as both cabins are ready to be converted to off grid living. All interior furniture and appliances will remain with the buyer. The property is an outdoorsman’s paradise. Turkeys are abundant on the large hardwood ridges. Deer frequent the yard nightly and nice bucks make their way past many of the well-placed stands on the property. There are three isolated food plots, 2 of which are separated by a second smaller spring fed pond, and several acres of thick cedar cover to hold wildlife. Take advantage of the over 58k acres of Truman Lake core ground that borders a side of the property, giving access to endless amounts of public land, which includes managed crop fields and river bottom just outside the property lines, along with multiple boat ramps just a short drive away. Whether you are looking for a perfect hunter’s retreat, or a secluded place to call home, this property is sure to check all your boxes.
Property Information
Lot Size
79 acre(s) square ft
Property Type
Residential
Year Built
--
MLS Number
--
Location
Address
3057 NE 975th Rd
City
Osceola
State
MO
Zip Code
64776
County
SAINT CLAIR
Listing
Provider
Living The Dream Inc., original listing
Name
Living The Dream Inc.
Phone
(855) 289-3478
Office Name
Living The Dream Outdoor Properties - Leasbur
Office Phone
(855) 289-3478
Agent Name
Tyler Gerling

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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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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.