Home for Sale at 297 Norman Murley Lane, Burkesville, KY 42717

297 Norman Murley Lane
Burkesville, KY 42717

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Property Details

List Price:	$699,000
Beds:	3
Baths:	2
Status:	Active
SqFt:	2663
Agency:	McIver Realty Group

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Description/Comments

Lot Size:	2 acre(s)
Property Type:	Residential
Year Built:	2015
Notes:	Sitting on 2.8 Acres by survey, this beautifully designed Ranch-Style home sits on the banks of The Cumberland River. As you walk through the front door, Sweet Southern Charm is the feeling you get. Beautiful pecan-colored hardwood flooring, an open floor plan with many amenities; such as the gas stove, quartz countertops, soft close kitchen cabinets, a fully functional gas fireplace are just a few. As you walk into the sunroom, you're greeted with breathtaking views of the trickling Cumberland River. This home is also equipped with an attached 2 car garage that leads out to a concrete driveway with concrete sidewalks leading to the front and back of the home. You can enjoy sitting on the front porch that is outfitted with excellent lighting and stamped concrete while looking out onto the level front yard and a peaceful country setting. In addition to all these amenities, the upstairs of the home is wired, plumbed, and studded ready to be finished to your liking (approximately 1622 sq ft). This home has spray-foam insulation which is known to reduce heating and cooling costs due to being more energy efficient than other types of insulation. Buying this property wouldn't be just buying a home and land, it would be buying a slice of paradise!! The location is PRIME with an approximate 25 minute drive to the beautiful waters of Dale Hollow Lake which is know for trophy Bass Fishing, skiing, and its Grand 18 hole golf course. Plus, conveniently located to the Cumberland Park Way that leads to I-65 is an approximate 30 minute drive. This property is one of a kind and is waiting for you to book your showing today.
MlsNumber:	11274114

Listing Provided By:	McIver Realty Group, original listing
Name:	McIver Realty Group
Office Name:	McIver Realty Group
Office Phone:	(270) 284-1999
Agent Name:	Sherri J Butler
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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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