Home for Sale at 4426 E Tudor Road, Berrien Springs, MI 49103

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4426 E Tudor Road
Berrien Springs, MI 49103

Benny Wesley with CENTURY 21 Affiliated, original listing - (269) 888-1900

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Property Details

List Price:	$570,000
Beds:	3
Baths:	Full: 2
Status:	Active
SqFt:	1751 Square Feet
Agency:	CENTURY 21 Affiliated
Agency Phone:	(269) 888-1900

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Description/Comments

Lot Size:	2 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	1920
Notes:	Tranquil country retreat with 200 feet of lakefront on 2.54 acres of parklike grounds located in southwest Michigan. Walkable access to the lake with a pier to accommodate all types of watersports from jet skis to kayaks, canoes, pontoons, boating and world class fishing. Or you can take in the expansive southern view of Lake Chapin on an extra wide lot. This property has privacy and includes many unique mature trees as well as flowering shrubs. Here you can enjoy the park like peacefull charm that is sure to delight young and old alike. As you are sipping your morning coffee/tea from the four seasons sun room, you may see a doe and her fawn walking across your lawn, or even wild turkeys! Not to mention enjoying a summer evening being enchanted by fireflies backlit by the moonlight reflection dancing on the water.<br /> Minutes from wine tasting opportunities located in Berrien County, less than 30 mins from Lake Michigan and 40 mins northwest of Notre Dame Indiana. Berrien Springs is a lovely small college town that also hosts the 4H county youth fair each August. This is the perfect place to relax and unwind! <br /> This is a 2 two story 3 bedroom 2 bath home with new(er) roof, new(er) furnace and a detached 1 ½ car garage and separate shed. Additionally, there is tons of parking available for family/friends get togethers and camping.<br /> This property is also sub-dividable.
MlsNumber:	--
ListingId:	24056483

Listing Provided By:	CENTURY 21 Affiliated, original listing
Phone:	(269) 760-0430
Office Phone:	(269) 888-1900
Agent Name:	Benny Wesley
Disclaimer:	Copyright © 2024 Michigan Regional Information Center, LLC. 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.

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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