Over the past years shows about flipping houses have come onto the market with a bang! These shows focus on buying homes that need a little extra love and attention and they turn them into amazing homes! Therefore, homes under foreclosure have become a major point of interest in the world of real estate.
With Ashe County real estate prices on the rise, a great place to look for your next home to flip is Century 21 Heritage Realty. We have options for any area of Ashe County and have several homes offered through short sale or foreclosure. Although many have different connotations about purchasing a home that has been foreclosed on, it is really no different from buying a regular home. However, you should know before getting into the thick of buying a foreclosed home, there will be a lot of hard work involved.
At the time of this post, here are 24 properties that are listed in foreclosure, or a short sale scenario in the High Country MLS. In Creston, there’s a property with two very large homes totaling over 10,000 square feet and tons of potential for being made into a small farm/ranch, or bed and breakfast for just $304,000. It’s situated on 15 acres of land. It’s situated right beside Three Top Mountain state property and could even be made into a small hostel or lodging location for travelers looking to access and enjoy Three Top Mountain. This ‘island in the sky’ needs a visionary buyer that will transform it into what it could be. Our area needs a new venture of this sort. You certainly would likely not have trouble finding business.
In Roaring Gap, in Alleghany County, you’ll find a 4 bedroom, 4 bath, 2,299 square foot home on a nice lot, listed for $222,500. This home has a charming trim and lots of nice features. The best part is it’s proximity to the High Meadows Golf and Country Club. IT’s located on the #7 green!
If you are looking for an absolute steal, check out this property listed for $137,500 in Lansing. It features 3 bedrooms and 2 baths, and has 1,788 square feet. MLS #214773 features some new improvements as repairs have recently been made to it. The owner of the property is adamant about it being move-in ready, so you can expect it to only improve until it is sold.
Want to find a property for less than $100,000? Right now there are three fantastic options in Ashe County real estate foreclosures. One in West Jefferson, with 902 square feet (MLS #219363), another in Jefferson with 1,039 square feet (MLS #219324) and a spacious mobile home in Fleetwood featuring 3 bedrooms and 2 baths (MLS #214045) for under $100,000. These homes would be great starter homes for singles, or a small family.
If you are interested in buying foreclosures in the Ashe County real estate market, please give us a call. We can guide you through the process and represent you and your interests as a buyer. If you’ve never bought real estate before, you should be aware that buying a foreclosure is a much different process than buying a home for sale that is not in a foreclosed or short sale scenario. Lenders generally want to see a home be in livable condition before offering you financing for a foreclosure. If the home is in a reasonable condition, and you are considered a well qualified client, with excellent credit and good signs of being a reliable financee, then they will extend a loan to you. First time home buyers should not be leery of buying a foreclosure, it is possible, however there are conditions that you need to ensure are in place and you should expect to have to make some level of improvements in most cases.
NC Housing Market Analysis for 2020
The North Carolina housing market it hot right now. Thousands of people are moving to the state every day for different reason. Some are looking for real estate in a big city like Charlotte, while others are looking to find a little respite in the quiet mountains of Ashe County. Our region is perfectly situated far enough away from the hub of Boone, North Carolina and all of its traffic from being the home of Appalachian State, to offer quiet views and exceptional outdoor pursuits. The widening project of Highway 221 through Deep Gap in Watauga County, to West Jefferson creates a great deal of growth potential for our area.