Home for Sale at 144 Gum Branch To Hwy 25 Road, Louisville, MS 39339

144 Gum Branch To Hwy 25 Road
Louisville, MS 39339

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Property Details

List Price:	$749,900
Beds:	5
Baths:	5
Status:	Active
SqFt:	4896
Agency:	Tom Smith Land and Homes, LLC

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Description/Comments

Lot Size:	52 acre(s)
Property Type:	Residential
Year Built:	1981
Notes:	If you've been searching for your ideal family estate, your search ends here. This Winston County, MS property features a meticulously crafted 4,897 square foot two-story home with five bedrooms and 4.5 baths, designed for comfort and entertainment. The standout feature is the enclosed back porch overlooking a stunning swimming pool with a gazebo and spacious deck. Inside, you'll discover generously sized bedrooms, a roomy family room, a great room, and a primary suite with a study area. Hardwood floors grace most of the interior, and there is one private bedroom adjacent to the primary bedroom and the family room, which features a cozy wood burning fireplace. The home showcases custom-built cabinetry, including bookcases, cabinets, and shelving. The expansive kitchen will delight any gourmet cook, while a formal dining room stands ready for special occasions. The great room features soaring vaulted ceilings and a magnificent floor-to-ceiling stone fireplace. The primary suite impresses with its spacious design and his and-her master bath layout. The land is a sight, with beautiful rolling hills enhancing the property's charm. The 52+/- acres are meticulously maintained and perfect for showcasing such a remarkable home. A 40'x60' equipment storage building is also available on-site. A well, thoughtfully installed by the current owner, serves the property's water needs. The property could easily be reclaimed and put to pasture for horses for the grandkids' enjoyment. Approximately 20+/- acres of the property consist of open, rolling land, while the remaining 32+/- acres feature hardwood and pine timber. Conveniently situated west of MS Highway 25 and north of Gum Branch Road, this property is just a 30-minute drive from Starkville and Mississippi State University.
MlsNumber:	4059196

Listing Provided By:	Tom Smith Land and Homes, LLC, original listing
Name:	Tom Smith Land and Homes, LLC
Phone:	(601) 454-9397
Office Name:	Tom Smith Land & Homes
Office Phone:	(601) 898-2772
Agent Name:	Thomas N Smith
Disclaimer:	Copyright Â© 2024 MLS United. 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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