Home for Sale at 4202 BIG WATER EAST, Sparta, GA 31061

4202 Big Water East
Sparta, GA 31061

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Property Details

List Price:	$1,399,000
Beds:	5
Baths:	5
Status:	Active
SqFt:	4790
Agency:	Kim & Lin Logan Real Estate

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential
Year Built:	2007
Notes:	Everyone wants their new lake house to have a view, but no one expects to have a view THIS BIG! It's mesmerizing! You can easily see for miles up and down the main part of the lake, the river channel. Built in 2007, this home has five bedrooms and five baths and is on a fee-simple lake lot which means it is eligible for short-term rentals. If you can get out of your car without immediately heading to see the view, you'll walk in the front door and can see straight through to the water! The primary en suite and two bedrooms are on the main floor with an updated kitchen, dining room, breakfast area, and a large living room with stone fireplace. There is also a "flex" room next to the primary bedroom that can be an additional bedroom (nursery) or office. The screened-in porch stretches the width of the house, has a fireplace and views! Upstairs is a huge bedroom/bonus room with its own full bath. Downstairs is a second full kitchen, a living room, a second primary en suite, and a gym/storage area. Outside is a patio with another stone fireplace. The patio has a vinyl ceiling to keep the rain from coming down and bugs from going up! The backyard is fenced for your pets and there's a sand area for the kids to play. The boathouse has two slips with electric lifts. Property currently shares a driveway with neighbor but there is enough land and road frontage to have separate drives. This home truly is one to see! Owner lives out of state and is ready to sell!
MlsNumber:	66051

Listing Provided By:	Kim & Lin Logan Real Estate, original listing
Name:	Kim & Lin Logan Real Estate
Office Name:	HRP Realty, LLC
Office Phone:	(478) 901-2091
Agent Name:	Kay McGiboney
Disclaimer:	Copyright Â© 2024 Lake Country Board of Realtors, Inc (GA). 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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