Home for Sale at 192 HILLWOOD Court, Jerome, MI 49249

192 Hillwood Court
Jerome, MI 49249

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Property Details

List Price:	$545,000
Beds:	3
Baths:	2
Status:	Active
SqFt:	1848
Agency:	Berkshire Hathaway HomeServices Heritage Real Esta

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1989
Notes:	This charming lake front cape cod home is located on a quiet road near a cul-de-sac and provides tranquility from the moment you arrive. The expansive covered front porch offers a peaceful retreat to relax whether rain or shine and has 2 ceiling fans for those warm summer days. Enjoy the gorgeous view of Mirror Lake from the back deck with plenty of room to entertain and unwind in the hot tub (new in 2020). Step inside the front door to a welcoming living room with hard wood flooring, gas fireplace, built-in cabinets and bay window. The kitchen has granite countertops, stainless steel appliances, plenty of cabinetry and a large space for your dining table with more views of the lake from the door wall. Also on the first floor is the primary bedroom, an updated main bathroom and a den with a door leading to the deck. Head up the wide staircase to the second floor to find a cozy loft area and the second bathroom located between 2 equally large bedrooms with walk-in closets, built in storage benches and 3 windows in each room. The lower level has a family room with a walkout to the patio and entry to the garage. This home has a great floor plan, generous room sizes, lots of windows, an abundance of closets and ceiling fans throughout. Included with the home are all appliances, whole house generator, boat dock, hot tub, and 3 Arlo cameras (porch, deck, dock). Mirror lake is an all sports lake (except jet skis) and includes a park for association members with a sandy beach, dock, pavilion, swings, shuffleboard and volleyball net. Property taxes are not homesteaded. It's the perfect time to spend this summer on this private and serene lake!
MlsNumber:	20240029230

Listing Provided By:	Berkshire Hathaway HomeServices Heritage Real Esta, original listing
Name:	Berkshire Hathaway HomeServices Heritage Real Esta
Phone:	(810) 227-1311
Office Name:	BHHS Heritage Real Estate
Office Phone:	(810) 227-1311
Agent Name:	Amber L Livermore
Disclaimer:	Copyright Â© 2024 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.

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

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