Home for Sale at 206 Oologila Place, Loudon, TN 37774

206 Oologila Place
Loudon, TN 37774

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Property Details

List Price:	$1,599,000
Beds:	4
Baths:	3
Status:	Pending
SqFt:	3647
Agency:	Tellico Lake Realty

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1999
Notes:	BE SURE TO VIEW THE VIDEO IT IS WORTH YOUR TIME. ''Welcome to your lakeside paradise! Nestled on the shores of Tellico Lake with a very gentle walk to the water's edge and your own private dock with two jet ski lifts. This stunning home offers the perfect blend of comfort and tranquility. Enjoy breathtaking views from all main living spaces. The fantastic floor plan boasts three bedrooms on the main level, providing ample space for family and guests. The spacious living area features large windows that flood the room with natural light, a warm inviting fireplace, and stunning views. The owners have updated, upgraded, and enhanced many aspects of the home such as the primary bathroom, hardwood floors, added an extension to the dock with two jet ski lifts, and much more. <br /> The fantastic kitchen is a chef's delight with a large pantry, an island, an abundance of cabinets and has expansive workspace. With a dining room plus a breakfast room hosting a large party is a breeze. Don't miss the hidden bar pantry that is perfect for entertaining. <br /> <br /> The terrace level is a recreational haven, complete with a spacious recreational room with a bar and plenty of space for a pool table, game table and media area. You will love the additional bedroom that is a private retreat for friends or family. Unleash your creativity in the workshop, plus don't miss the flex room ideal for hobbies or an exercise room. Yes, there is additional storage as well. <br /> <br /> Featuring exceptional outdoor spaces, the screened in patio is the perfect place to appreciate the serene atmosphere and relax, the expansive open deck is ideal for soaking up some rays of sunshine, the lower-level patio and dock are exceptional areas for entertaining. Whether you're enjoying a peaceful morning coffee or hosting a gathering with friends and family, this lakeside oasis is sure to impress. The irrigation is fed from the lake, providing drastic savings on your water bill. Pool table remains with home. <br /> <br /> Don't miss your chance to own this exceptional lakefront home and experience the ultimate in lakeside living!''
MlsNumber:	1262580

Listing Provided By:	Tellico Lake Realty, original listing
Name:	Tellico Lake Realty
Phone:	(865) 408-0662
Office Name:	Tellico Lake Realty, LLC
Office Phone:	(865) 346-6334
Agent Name:	Susan Akagi
Disclaimer:	Copyright Â© 2024 East Tennessee RealtorsÂ®. 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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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