Home for Sale at 442 Pattagumpus Road, Medway, ME 04460

442 Pattagumpus Road
Medway, ME 04460

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Property Details

List Price:	$210,000
Beds:	3
Baths:	2
Status:	Active
SqFt:	1440
Agency:	United Country McPhail Realty
Agency Phone:	(207) 794-6164

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Description/Comments

Lot Size:	2 acre(s)
Property Type:	Residential
Year Built:	1870
Notes:	Have you ever dreamed of having a home with country charm but do not want to be far from conveniences? Come and enjoy small town living at its best in the quiet tight knit community of Medway, Maine. <br /> Available for purchase this move in ready home sits on a stunning two acre lot with plenty of trees and has impeccable picturesque landscaping. Sit by the privet pond and listen to the sounds of nature while benefiting from the serenity of this location in a rural area. The charming 1870's roomy 1,440Â± sqft New Englander style home has an eat-in kitchen, beamed ceiling, new appliances, and a heating stove hookup. The full bathroom is on the first floor where you will find the washer and dryer for convenience. Also on the first floor is a room that is being used as a guest bedroom and off from this room is a open sun porch that would be great to enjoy your morning coffee and reading a book.<br /> As you walk up the oak staircase to the second floor you will notice the solid craftsmanship of this well-built home. On the second floor are three bedrooms, one that measures 18x14 and this one has a walk-in closet. The other bedrooms are 12x10 and 15x8, each bedroom has a closet and plenty of natural light. At the end of the hall there is a recently new half bathroom, so when you get up in the middle of the night you do not have to walk downstairs. The living room is 14x15 and is a place to create many memories with family and friends. Enjoy the new heat pump in the winter and the air conditioning in the summer or you can use the two-zone hot water baseboard heat to heat your home. If the electricity goes out do not worry because the Generac generator will kick in and you will not be without lights or heat. <br /> Outside in a fenced in area is a 61x30, story and a half Katahdin Cedar Log Homes built building. This constructed to last showcase log structure has a walk out foundation that is set up as a garage with two vehicle spaces and plenty of room for a workshop.
MlsNumber:	1567142

Listing Provided By:	United Country McPhail Realty, original listing
Name:	United Country McPhail Realty
Phone:	(207) 794-6164
Office Name:	United Country Lifestyle Properties of Maine
Office Phone:	(207) 794-6164
Agent Name:	Lena Fiske
Disclaimer:	Copyright Â© 2024 Maine Real Estate Information System, Inc. 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.

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or licensed by the US Department of Housing and Urban Development

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