Texas Clients close on Lakewood Lot

My Texas clients I have been working with for a few weeks finally closed on the purchase of a 1.5 acre lot on the back side of Dyersburg's Lakewood Community. That street name is Cherry Circle. The purchase price was $26,000. This is a great comp for Lakewood lot owners who are thinking about selling their Dyersburg lakefront properties.

Client wants a lakefront lot at Lakewood to build on

Today I met with a client looking to build a home at Dyersburg's Lakewood Community. He really prefers to be on the water. We had a lot we were ready to purchase but the owner raised the price above the real value.

My buyer will be leaving to return to Texas tomorrow so please call me before he departs so he can look at your lot. This is his second trip here and probable his last before closing on a purchase at Lakewood.

At this point he would even consider a lakefront home if yours is not already on the market as we looked at several listed houses at Lakewood during both visits.

Lakewood association has a new website

Today I received the new URL of the Lakewood Homeowners Association. You can find it by clicking this link.

Three late bids but this Lakewood foreclosure now under contract

A few days ago, I did a post about a new foreclosure at lakewood.

No one bid on the property until yesterday and 3 bids came in. Those bids were for $135,000, $165,000 and $167,000.

This house is now under contract for $2000 over list price. Now that is a good sign for our friends living in Dyersburg's Lakewood Subdivision!

Two different families coming to find a home in Lakewood next week

One family will be looking for a lakefront home in Lakewood beginning on Monday. They will be leaving town on Friday. I have a second family returning to look again on Tuesday and departing sometime Wednesday.

Are you a Lakewood homeowner considering selling your home? Why not call the Lakewood Realtor who can get your house sold! Call Mike at 731-589-7841.

Another foreclosure in Lakewood

Yesterday I found out that an out of town real estate agent has a new foreclosure listing in Lakewood.The address for this house is 526 Walnut Lane. This is a 5 bedroom 3.5 bath brick home sitting on 1.5 acres and was built in 1988.

This house last sold in 2005 for $204,000 but is now listed for $191,800. Call me if you are interested in viewing or possible purchasing this property.

New Hud Foreclosure at Dyersburg's Lakewood Community

Hud completed foreclosure proceedings and now has this 3 bedroom house listed for sale. The list price right now is $160,000. This is a nice house in Lakewood but not on the water and does not have a basement. The address is 45 Cottonwood Lane.

For these reasons, I believe the true value should be somewhere between $145,000 and $150,000. Being a foreclosure is what helps drop it to this value. I would be happy to assist you with the purchase of this house. Here is a link to all current Dyersburg Hud foreclosures including this one.