Home for Sale at 6317 DUSTY TRAIL PLACE, HUGHESVILLE, MD 20637

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6317 Dusty Trail Place
Hughesville, MD 20637

Jonathan Benya with EXP Realty, LLC, original listing - (888) 860-7369

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Property Details

List Price:	$850,000
Beds:	3
Baths:	Full: 3
Status:	Active
SqFt:	4400 Square Feet
Agency:	EXP Realty, LLC
Agency Phone:	(888) 860-7369

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Description/Comments

Lot Size:	10 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1999
Notes:	Here's your chance to own a fabulous home in Hughesville, MD along with two additional, separately deeded, perc'd building lots! Total acreage is over 10 acres of privacy! (can also be purchased separately)<br /> <br /> Clocking in at approximately 4400 Sq. ft., and sporting an oversized detached 2 car garage (with included car lift) This home is going to surprise you!<br /> <br /> Not only does it have vaulted ceilings on the main level and HUGE kitchen and Dining rooms, but it also has the space and rough ins to add a second FULL KITCHEN in the basement! That's right, the basement can actually be used as a second dwelling unit if you so desire, or use the space to create the ultimate home entertainment center!<br /> <br /> Don't forget to check out the new asphalt driveway and the newly installed composite deck on the rear of the home and of course, what home would be complete without the additional office and hobby rooms on the main level! The hardwood floors on the main level still look new and there is endless possibility to make this house the perfect place to call home!<br /> <br /> In addition to the natural beauty of the lot ßand location, the home is also located just moments away from the Patuxent river which offers nearby fishing and boating opportunities for a quick weekend escape.
MlsNumber:	--
ListingId:	MDCH2030222

Listing Provided By:	EXP Realty, LLC, original listing
Phone:	(888) 860-7369
Office Phone:	(888) 860-7369
Agent Name:	Jonathan Benya
Disclaimer:	Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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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.

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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.

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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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