Charming Fixer-Upper Near Oswego College: A Diamond in the Rough
Are you in search of a promising real estate investment or a cozy home to call your own? Look no further than 133 Liberty Street, Oswego, NY 13126. Priced attractively at just $45,000, this 3-bedroom, 2-bathroom, two-story home offers a unique opportunity to create something truly special. With some tender loving care (TLC), this property could be transformed into a charming residence or a profitable investment.### A Spacious Layout with Endless PotentialBoasting 1,392 square feet of living space, this house has room for everyone. The main floor features a living room and dining room that are perfect for family gatherings or entertaining guests. The first-floor bedroom adds an element of convenience and flexibility, especially for those who prefer single-level living. The closed porch and sunroom offer additional spaces that can be customized to suit your needs—imagine turning them into a cozy reading nook or a vibrant play area for children.One of the standout features of this home is the first-floor laundry room. Say goodbye to hauling laundry baskets up and down the stairs! This practical feature will undoubtedly make daily chores more manageable.### Upstairs: More Room to GrowHead upstairs to find two more bedrooms that provide ample space for family members or guests. But that's not all—the upper level also holds the potential for an additional bedroom or office space. Whether you need a quiet place to work from home or an extra room for guests, this versatile area can be tailored to meet your specific requirements.### Outdoor Space and StorageThe property sits on a good-sized yard that offers plenty of opportunities for outdoor activities and gardening. Imagine summer barbecues, autumn bonfires, or simply relaxing in your private green space after a long day. Additionally, there's a handy shed on the property that provides valuable storage space for tools, outdoor equipment, or seasonal items.### Prime Location Near Oswego CollegeOne of the most compelling aspects of this property is its location. Situated near Oswego College, it presents an excellent investment opportunity. College towns often have strong rental markets due to the constant influx of students and faculty members looking for housing options close to campus. Whether you're considering renting out rooms individually or leasing the entire house, this property's proximity to the college could yield substantial returns.### A Canvas Waiting for Your VisionWhile 133 Liberty Street does require some TLC, think of it as a blank canvas waiting for your personal touch. Vinyl siding ensures low maintenance on the exterior, allowing you to focus your efforts on interior upgrades and customization. From modernizing the kitchen and bathrooms to adding new flooring and fresh paint throughout, there are countless ways to enhance this home's charm and functionality.### Conclusion: Seize This OpportunityIn today's competitive real estate market, finding an affordable property with so much potential is rare. At $45,000, 133 Liberty Street offers an incredible opportunity for first-time homebuyers looking to enter the market at an accessible price point or seasoned investors aiming to expand their portfolio.Don't miss out on this diamond in the rough! With vision and effort, you can transform this house into a beautiful home or a lucrative rental property. Schedule a viewing today and start imagining the possibilities that await at 133 Liberty Street in Oswego, NY.---Whether you're envisioning cozy nights by the fireplace in your new family home or calculating rental income projections as part of your investment strategy, this property promises both potential and value. Act now before someone else seizes this fantastic opportunity!
Finding Off Market Homes For Sale
Finding off-market homes for sale can be challenging but not impossible. Here are some strategies to consider: 1. **Networking**: Utilize your network of friends, family, colleagues, and acquaintances. Let them know you're in the market for a home and ask if they know anyone who may be considering selling their property off-market. 2. **Real Estate Agents**: Build relationships with local real estate agents who specialize in your target area. Agents often have access to off-market listings through their professional networks and may be able to connect you with sellers who prefer to keep their sale private. 3. **Direct Mail Campaigns**: Consider sending out direct mail campaigns to homeowners in your desired neighborhood expressing your interest in purchasing their property if they're considering selling. Include your contact information and be prepared to follow up. 4. **Online Platforms and Forums**: Explore online platforms and forums dedicated to real estate networking. Websites like PocketList, PreMLS, and real estate investor forums often feature off-market listings or discussions where sellers express their interest in selling off-market. 5. **Social Media**: Utilize social media platforms like Facebook, LinkedIn, or even Instagram to search for off-market properties. Join local real estate groups and networks where homeowners may post listings or express their interest in selling. 6. **Property Wholesalers**: Property wholesalers specialize in finding off-market properties and typically have a network of sellers they work with. Reach out to wholesalers in your area and express your interest in purchasing off-market properties. 7. **Expired Listings**: Keep an eye on expired listings or properties that have been withdrawn from the market. These homeowners may still be interested in selling and could be open to off-market offers. 8. **Public Records**: Search public records for properties that may have recently changed ownership or have other indicators suggesting they may be available for sale off-market. 9. **Drive or Walk Around**: Sometimes, the best way to find off-market opportunities is by physically exploring your target neighborhoods. Look for properties that appear neglected or vacant, as these homeowners may be motivated to sell off-market. 10. **Real Estate Auctions**: Attend local real estate auctions where distressed properties or foreclosures are sold. While these properties may not always be off-market, they often present opportunities for buyers willing to invest in renovation or repair. Remember, when pursuing off-market properties, it's essential to conduct thorough due diligence and work with a real estate attorney or agent experienced in off-market transactions to ensure a smooth and legally sound process.
What Are Escalation Addendums?
A realtor escalation addendum is a document commonly used in real estate transactions to address situations where multiple offers have been made on a property. This addendum typically outlines the terms under which a buyer is willing to increase their offer price in response to competing offers. Here's a general description of how a realtor escalation addendum works: 1. **Identification of Property**: The addendum begins by identifying the property in question, including its address and any other pertinent details. 2. **Initial Offer**: The addendum states the buyer's initial offer for the property. 3. **Escalation Clause**: The key component of the addendum is the escalation clause. This clause specifies that the buyer is willing to increase their offer price incrementally in response to higher competing offers, up to a maximum limit set by the buyer. 4. **Incremental Increase**: The addendum defines the amount by which the buyer is willing to increase their offer each time a competing offer surpasses theirs. This increment is typically a set dollar amount or percentage. 5. **Maximum Offer**: The addendum also sets a maximum offer limit, beyond which the buyer is not willing to escalate their offer any further. This ensures that the buyer doesn't commit to paying more than they are comfortable with. 6. **Verification of Competing Offers**: The addendum may include provisions for verifying the existence and terms of competing offers. This verification process ensures transparency and fairness in the escalation process. 7. **Expiration Date**: The addendum specifies a deadline by which the seller must accept or reject the buyer's offer, including any escalated offers. This deadline adds a sense of urgency to the negotiation process. 8. **Seller's Acceptance**: If the seller accepts the buyer's escalated offer, the terms outlined in the addendum become part of the purchase agreement. 9. **Conditions and Contingencies**: The addendum may include any additional conditions or contingencies that must be met for the escalation clause to be triggered or for the offer to remain valid. 10. **Signatures**: Finally, the addendum is signed by both the buyer and the seller, indicating their agreement to the terms outlined therein. Overall, a realtor escalation addendum is a tool used to help buyers remain competitive in a competitive real estate market by automatically increasing their offer price in response to competing bids, up to a predetermined maximum limit.
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