Home for Sale at 1020 Lake Drive, Lewisburg, KY 42256

1020 Lake Drive
Lewisburg, KY 42256

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Property Details

List Price:	$499,000
Beds:	4
Baths:	2
Status:	Active
SqFt:	2493
Agency:	Haley Auctions & Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1996
Notes:	Have you been looking for the perfect place to kick back and relax this summer? If so, look no further. 1020 Lake Drive is the perfect place for you to escape the hustle and bustle of everyday life and immerse yourself in the beauty of Lake Malone. With its charming ambiance, modern amenities, and picture-perfect surroundings this place will be your perfect retreat. The home comes fully furnished, so all you need is the key! When you step inside the lakeside home you will find 4 bedrooms, 2 full bathrooms and a nice den. On the main floor you will love the renovated kitchen, ready to host the best summer barbecues! Right off of the kitchen you will find a nice dining area with great views of the lake and surrounding nature. The spacious living room has vaulted ceilings featuring many windows bringing in natural light. The home has many updates such as an updated HVAC, hot water heater, doors, fresh paint, updated bathrooms and elegant light fixtures that add a touch of sophistication to every corner. On the main floor there is also a den that can be used as an office, movie room or game room, a full bathroom and laundry. Upstairs, you will find a large bedroom with an updated bathroom and spacious walk in closet for you to enjoy. Downstairs is full of endless possibilities. The 4th bedroom is currently a bunk room that comes with 4 beds and will be the coolest hangout spot for teens this summer and is big enough to host families all summer long. With a spacious new dock just steps away, the possibilities for lakeside adventures are endless. Whether you're casting a line into the waters, embarking on a leisurely kayak excursion, or simply basking in the sun with a refreshing drink in hand, you'll find that life here moves at the perfect pace. There is also a storage building on the property where you can store all of your lake gear year round. If all of that wasnâ€™t enough to have you sold, the home has fiber internet. If you work from home you can work in paradise on one of the decks, listening to the peaceful lake with a cup of coffee in your hand. Escape the hustle and bustle of everyday life and immerse yourself in the beauty of Lake Malone. Welcome home to relaxation, welcome home to Lake Malone.
MlsNumber:	RA20242141

Listing Provided By:	Haley Auctions & Realty, original listing
Name:	Haley Auctions & Realty
Phone:	(270) 542-9175
Office Name:	Haley Auctions and Realty
Office Phone:	(270) 726-2900
Agent Name:	Caleb Bruner
Disclaimer:	Copyright Â© 2024 REALTOR Â® Association of Southern Kentucky, 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

USHUD.com is an Equal Housing Opportunity

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