Foreclosure for Sale at 3763 Hunter Lane, Dryden, MI 48428

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Foreclosure: 3763 Hunter Lane
Dryden, MI 48428

Lawrence Orchard with Realty Executives Home Towne, original listing - (810) 982-1400

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Property Details

List Price:	$79,500
Beds:	3
Baths:	Full: 2
Status:	Active
SqFt:	1400 Square Feet
Agency:	Realty Executives Home Towne
Agency Phone:	(810) 982-1400

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Description/Comments

Lot Size:	0 sqft
Garage:	Garage
Property Type:	Residential-Manufactured Home
Year Built:	2001
Notes:	This home is a 2001 Commander Manufactured Home. Located in Victoria Meadows manufactured home community in Dryden Mi. It does not include mineral rights included in the sale. The home is approximately 32’ wide x 44’ long which totals 1,334 sq ft. Homes that are 32’ wide look and feel unique. The home has a large 24’ x 24’ garage (approximately) which is currently designed for one vehicle and a storage/work area on the side. 3 bed / 2 bath home. Home is on a perimeter lot with a field behind the home. Large 22’ x 8’ deck on the side of the home. Also includes wooden shed. <br /> Lot rent is currently $400.00 Curbside trash pickup is included in the lot rent and water bill is approx $60.00 per month, paid directly to the village of Dryden<br /> Victoria Meadows is an all-family park. Municipal water and sewers are provided and billed separately by Dryden. The community is located adjacent to a paved walkway that connects the park to beautiful Cardinal field. Where resident of the area are free to walk around it’s a great open recreation area for adults and children to ride bikes and walk. Dryden is a rural community located in the center of Michigan's Thumb region. Home to a few small businesses and shops. Overall, Dryden is a quiet community that offers a slower pace and a small-town atmosphere. Yet close enough to make travel for work and play convenient. It is a good place to visit or live if you enjoy a more rural setting and want to get away from the hustle and bustle of big-city life
MlsNumber:	--
ListingId:	20250017907

Listing Provided By:	Realty Executives Home Towne, original listing
Phone:	(810) 278-3500
Office Phone:	(810) 982-1400
Agent Name:	Lawrence Orchard
Disclaimer:	Copyright © 2025 Realcomp Limited II. 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.

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.

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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