Home for Sale at TBD NE Stonum Road, Lathrop, MO 64465

Tbd Ne Stonum Road
Lathrop, MO 64465

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Property Details

List Price:	$720,000
Beds:	--
Baths:	--
Status:	Active
SqFt:	--
Agency:	The OConnor Agency - United Country Real Estate

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Description/Comments

Lot Size:	72 acre(s)
Property Type:	Lots And Land
Year Built:	--
Notes:	Northwest MO Land For Sale, Buildable Land. Farmland for Sale with an excellent location just outside of Lathrop, MO. Located just off I-35, this farm consists of 72 acres m/l. The land is mostly open and currently in established and well-maintained grass pastures. There is also approximately 10 acres of timber and two ponds. The open ground has excellent potential for cropland. The tillable land is comprised predominantly of Class 2 soils and lays nicely with 2 - 5 percent slopes. The remainder of the land is made up of Class 3 soils. Whether you are looking for pastureland for your cattle or horses, or looking to put more land into production this farm gives you options. Buildable Land near Kansas City. The features and location of this land also make it attractive for building your dream home in the country. The land sits less than an hour from downtown Kansas City as well as the Kansas City Airport. The intersection of I-35 and Highway 116 is only a mile away, making the location highly accessible. Enjoy country living and have an easy drive to any amenities you need. Fundamentals you need to build are already available along NE Stonum Road including rural water and 3-phase electric. With 72 acres m/l available, you have plenty of space to build the home of your dreams, and anything you want to go with it! Land with this much potential is hard to come by, don't miss your chance to own it. Listing 55030
MlsNumber:	11278356

Listing Provided By:	The OConnor Agency - United Country Real Estate, original listing
Name:	The OConnor Agency - United Country Real Estate
Phone:	(816) 632-3721
Office Name:	The OConnor Agency - United Country Real Esta
Office Phone:	(816) 632-3721
Agent Name:	Dan O'Connor
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

ForeclosureWatch.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 ForeclosureWatch.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 ForeclosureWatch.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

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