Home for Sale at 8372 Mackville Hill, Springfield, KY 40069

8372 Mackville Hill
Springfield, KY 40069

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Property Details

List Price:	$450,000
Beds:	1
Baths:	1
Status:	Active
SqFt:	504
Agency:	eXp Realty

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Description/Comments

Lot Size:	30 acre(s)
Property Type:	Residential
Year Built:	2017
Notes:	Welcome home to this 31 acre slice of paradise that has what you are looking for in Springfield Kentucky! Upon entering the gate your first stop is a 2 car garage with finished loft (sleeping quarters) over it. You will then stop at a beautiful Amish built cabin with a porch that stretches the entire front and a second one across most of the rear. Inside you will find an open living room/kitchen/dining area, 1 bedroom and a full bathroom. There are two additional outbuildings. The 3-stall horse barn (36x36) was built with treated lumber and holds over 300 bales of straw above. It has a run-in and also a steer stall in the lean to. The Agricultural shop includes electricity, a kitchenette with stove, refrigerator, a buck stove and lean-to for additional farm equipment. There is also a finished, heated and cooled office with separate entrance within this building. Of course, it doesn't stop there! There is a huge chicken coop with separate sections divided off. It is fully blocked on all sides and the roof for added protection. There is also a tool shed. And 31 acres wouldn't be complete without a fully stocked pond with Bass, Grass Carp, Bream (aka, Sunfish, and bluegill). Peach, Apple, Pear, Walnut and Pecan trees are also an amazing addition! There are multiple building sites to build your dream home on this gorgeous land while you live in the log cabin. Perfect guest or farm hand quarters for after your new home is complete or just live the simple life in your cabin in the country! Don't let this one pass you by!
MlsNumber:	1651931

Listing Provided By:	eXp Realty, original listing
Name:	eXp Realty
Phone:	(188) 862-4644 xx8
Office Name:	EXP Realty LLC
Office Phone:	(888) 624-6448
Agent Name:	Tim Hollinden
Disclaimer:	Copyright Â© 2024 Greater Louisville Association of REALTORS Â®. 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

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