Home for Sale at 311 Shortcut Dr, Woolwine, VA 24185

311 Shortcut Dr
Woolwine, VA 24185

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Property Details

List Price:	$275,000
Beds:	3
Baths:	2
Status:	Active
SqFt:	1512
Agency:	United Country Blue Ridge Land & Auction Co Inc

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Description/Comments

Lot Size:	42 acre(s)
Property Type:	Residential
Year Built:	1910
Notes:	Are you searching for recreational property with good building sites in Patrick County, VA? Look no further than these 6 tracts that are being sold at auction. Properties feature a mixture of open and wooded land with beautiful streams and creeks. Land tracts offer multiple building sites, hunting and recreational opportunities. There is also a 2 story, 3 bedroom, 2 bath farmhouse that is move in ready! Purchase 1 or multiple tracts. This is known as Offering #3. Online Auction Ends Thursday, June 20th at 3 PM 311 Shortcut Rd., Woolwine, VA 24185 Offering #3 Check out this 2-story farmhouse on +/- 42.530 acres of beautiful land. Enjoy your mornings sitting on the swing underneath the covered front porch, which overlooks the large pond (3/4 of an acre) with nice gazebo. This 3 bedroom, 2 bath, 1,512 sq ft farmhouse features hardwood and carpet flooring. The mini split units are great for ensuring you are comfortable all year long. In the living room you will find a wood burning stove that will be sure to keep the whole house warm on those chilly nights! There is an attached garage on the back of the home and a double detached garage. Enjoy the 2 small branches that meander through the property. This is a hunter's paradise with wildlife found all throughout this one-of-a-kind property. Power easement from this tract is reserved from pole along road to Offering #2 and Offering #5 across road. PREVIEW DATE: Thursday, June 6th at 4 PM. BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well. SIMULTANEOUS CLOSE OF LOT BIDDING: Bidders desiring more than one offering will need to be the high bidder on all offerings desired. Each offering will stay open until all bidding is complete, and all offerings will close simultaneously. BUYER'S PREMIUM - TEN PERCENT (10%): Buyer's Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer's Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer's premium = total purchase price of $110,000). Buyer's Premium is not due until closing. TERMS & CONDITIONS: 10% Buyer's Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 per offering is required on the day of sale. Close on or before August 5th, 2024. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 3 PM on June 20th, 2024. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps.
MlsNumber:	11280241

Listing Provided By:	United Country Blue Ridge Land & Auction Co Inc, original listing
Name:	United Country Blue Ridge Land & Auction Co Inc
Phone:	(540) 745-2005
Office Name:	United Country Blue Ridge Land & Auction Co I
Office Phone:	(540) 745-2005
Agent Name:	Matthew Gallimore
Disclaimer:	Copyright Â© 2024 My State MLS. 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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