Listing Details: Harrison Township, St. Clair and Macomb, Michigan Real Estate Listings & Homes For Sale Provided by Holly Peters

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Pending - HUD home on Peggy Lane

$51,800 Check this one out!

Photo of 50752 Peggy Lane, Chesterfield, MI, 48047.

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Address: 50752 Peggy Lane	City/ST: Chesterfield, MI	Zip Code: 48047
Location: Chesterfield	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 1107	Bedrooms: 3	Bathrooms: 1
MLS# 30762439

HUD home. Sold 'AS IS' by Elec Bid only. For Prop. conditions, Forms, Discl, Avail & Owner Occupant Incentives see Website in Agent Remarks*. FHA Case #261-832304. Insured w Escrow repairs $1,320. Bids due by 2-16-10 11:59 PM or daily until sold. MCB makes no warranty as to current or future existence of mold in this property and is not liable for the potentially harmful effects thereof.

Last Updated: 3/11/2010 9:05:22 PM

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Buying Land and New Construction >Buying New or Buying Old

New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation.

Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.

New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.

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Q	What is the mysterious American island whose private owners are intent on preserving the ways of early island life?
A	The Robinson Family, owners of Niihau, Hawaii, have done everything in their power to preserve traditional ways.
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Holly Peters, REALTOR�, real estate agent and broker for Harrison Township, St. Clair and Macomb, Michigan home listings, property and land for sale - NUMBER1EXPERT

Holly Peters
RE/MAX Advisors
34350 23 Mile Rd.
Chesterfield, MI 48047
Holly's Cell : 810-300-4015
Office: 586-725-1900
Fax: 586-725-0333
REOactionhomes@gmail.com
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