Home for Sale at 7430 NORFOLK Drive, Onsted, MI 49265

7430 Norfolk Drive
Onsted, MI 49265

« Prev

Property Details

List Price:	$265,000
Beds:	3
Baths:	2
Status:	Active
SqFt:	1096
Agency:	Buckley Jolley Group, LLC

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1991
Notes:	Wonderful ranch home with a massive outbuilding and lake privileges in the beautiful Loch Erin community! This well cared for home is nestled down a quiet, side street and provides you with the potential to docking access for a boat as well as several community parks that offer swimming, playgrounds, pavilion and more. Stepping in you will appreciate the natural light and soaring ceilings. Kitchen has updated stainless appliances and opens nicely to the nook and living areas. Main level has 3 bedrooms and 2 full baths. The basement could nearly double your living space, it offers 8 ft ceilings and is already roughed in for an additional bedroom that could have an ensuite as it is plumbed for a full bath. There is also another room roughed in that could serve as a den or playroom. You will love the outbuilding, it is 1500 sq ft, insulated, has a cement floor, electricity and is wired for a 220 outlet. It's the perfect place to store your boat or have the ultimate workshop! You can easily pull your cars in by way of a gate and side driveway. The backyard is fenced offering tons of privacy. Gorgeous deck is perfect for outdoor parties. You will appreciate the low utility bills as the home has advanced framing with 24 inches on center making it very efficient. All mechanicals have been replaced in the last 3 years along with a new 200 amp panel. House is also wired for a generator. This is the perfect spot whether you are looking for your forever home or a lake house to enjoy the summer. Loch Erin is a private 640 acre lake with many community parks to enjoy the water. Just in time for Summer!
MlsNumber:	20240032722

Listing Provided By:	Buckley Jolley Group, LLC, original listing
Name:	Buckley Jolley Group, LLC
Phone:	(810) 229-7000
Office Name:	The Buckley Jolley R E Team
Office Phone:	(810) 229-7000
Agent Name:	Sherri Garron
Disclaimer:	Copyright Â© 2024 Realcomp Limited II. 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.

USHUD.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

USHUD.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 -