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15141 Cr 421a
Birch Tree, MO 65438
$449,000
Conventional
Property
Bedroom
2
Bathroom
1
Property Type
Conventional
Square ft
1248
Property Description
Secluded 80 AC w/Live Water joins Conservation Land...Got Restrictions? We Don't! You can watch the water flow into the pond and on over the spillway. Multiple Springs feed the main two Spring Branches which come together on the property then flow into the Jacks Fork River, a part of the Ozark National Scenic Riverways. Watercress, crawfish and minnows included. This property has almost a half mile of border with the Rocky Creek Conservation Area, which contains 39,546 acres in the south and east parts of Shannon County. The county road which provides access literally dead ends at the entry gate. This is a true mix of the Ozarks Hills and Hollers ranging from 800 to 1000 ft elevation the land is mostly wooded with a blend of Sycamore, Oak, Hickory, Walnut, Pine and Cedar trees. Main driveways have new chat there are also multiple roads and trails for off road vehicles.There are 2 improvements on the property each with their own electric meter and 1 well. One meter serves the 50x100 red iron framed building which has new insulation and metal on the roof and is served by the well. Gravel floor except for the new 32x50 slab which was poured with radiant heat capability and the goal of framing living quarters in one end of the building. Framing began all building materials onsite are included. The second meter serves a 2 bedroom, 1 bath home recently built overlooking the spring fed pond. The house is 16x52 with a split floor plan, Hickory cabinets, pex plumbing and a metal roof. House currently set up to pull water from the spring but can easily convert to run off the existing well. Both the home and the building do need your personal stamp to be completed. See pictures for details.
Property Information
Lot Size
80 acre(s) square ft
Property Type
Residential
Year Built
2023
MLS Number
60266515
Location
Address
15141 Cr 421a
City
Birch Tree
State
MO
Zip Code
65438
County
SHANNON
Listing
Provider
UNITED COUNTRY WILLOW SPRINGS REALTY, original listing
Name
UNITED COUNTRY WILLOW SPRINGS REALTY
Phone
(417) 252-0499
Office Name
Monark Realty
Office Phone
(417) 252-0499
Agent Name
Solomon Cornelius

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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.