Southaven, MS

Southaven MS HUD Home For Sale

1128 Richland Dr.
Southaven, MS

$88,500

3 bedrooms, 2 bathrooms
Fireplace
Double Garage

offered with FHA insured financing with escrow repair

Bid Deadline: 1/17/2010

Possible $100 down for owner-occupants

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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2010 by Pam Simpson. All rights reserved..

FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
First Time Homebuyer Guide

FOR SELLERS: Pricing, Selling Tips

LOCAL COMMUNITY INFO: Tate County Community, Memphis Community, Southaven Community, Hernando Community

MARKET REPORTS: Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report

REALTOR STUFF: NAR, Real Estate and Media, Real Estate Agents

OTHER: Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions

Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.

Southaven MS HUD Homes For Sale
by Pam Simpson
The Kudzu Vine

1864 Coral Hills
Southaven, MS
$52,000
3 bedrooms, 1.5 bath

FHA Financing possible with Escrow for Repair
$100- down available for owner-occupants

BID DEADLINE: 12/27/09

7630 Rockingham
Southaven, MS
$70,000
3 bedrooms, 1.5 bath

FHA Financing possible with escrow for repair
$100 down available for owner-occupant

BID DEADLINE: 12/27/2009

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About the author: Pam Simpson is an Assoc. Broker with Bob Leigh & Associates, LLC in Northwest MS. Copyright© 2009 by Pam Simpson. All rights reserved...***Southaven MS HUD Homes For Sale***

FOR BUYERS: Buying a Foreclosure, Finding a Home, Loan Info, Tax Credit, Interest Rates,
First Time Homebuyer Guide

FOR SELLERS: Pricing, Selling Tips

LOCAL COMMUNITY INFO: Tate County Community, Memphis Community, Southaven Community, Hernando Community

MARKET REPORTS: Foreclosure Report, Hernando MS Report, Olive Branch MS Report, Tate County MS Report

REALTOR STUFF: NAR, Real Estate and Media, Real Estate Agents

OTHER: Rural Life, Breast Cancer Awareness, Angel Food Ministries, Property Rights, Auctions

Disclaimer: All information provided by this author may be based on information collected from several sources and is believed accurate but not guaranteed.

Rent To Own! 50% rent credit! 4 bedroom 2 bath 2000 square foot home in beautiful South Haven, MS!! Home sits on 1/4th of an acre and is fenced and landscaped! There is wireless internet provided by the city. There is a 2 car garage with a patio in the back and a hot tub! It is a brick sided house with tile flooring and marble countertops! Home has central natural gas heat with A/C!! Rent is $1500/mo and first months rent and low down required to move in. Please contact us with any questions or visit us at http://www.50statesrent2own.com. Until next time....

Pete Olsen

Rent To Own Homes, LLC

www.50statesrent2own.com

www.activerain.com/blogs/peteolsen01

It's not late - Honor a Veteran and tell them about the City of Southaven's Annual Veteran's Luncheon

In observance of Veteran's Day, Tuesday, November 11, 2008 Mayor Greg Davis and the City of Southaven will host the Annual Appreciation Luncheon in honor of military veterans. The luncheon will be held at the Arena at Southaven located at 7360 Highway 51 and will begin at 11:30 a.m.

All veterans are urged to make their reservations early. There will also be a memorabilia table set up for exhibiting pictures and awards, so bring mementos if you wish.

The luncheon is free to veterans and admission for guests will be $10.00. All branches of the service will be recognized. Please make your reservations now by calling the Mayor's Office at Southaven City Hall at 662-393-6939.

Freedom is not "free." Honor the men and women that serve and have served our nation.

Southaven, MS

Market Report

The Southaven real estate market is not experiencing as much of a decline as many areas of the country are at present. However, the numbers are not as good as we all would like to see them. Through April 30, 2008 Southaven recorded 221 residential home sales compared to 377 for the same time frame in 2007. This is slightly more than a 41% decrease in units sold in just one year. The average list price of a home in April 2008, was $161,998 compared to $163,557 in April 2007. That means that, in general, Southaven homeowners are listing their homes about 1% lower in 2008 than in 2007. Furthermore, the average sales price in April 2008 was $158,646 compared to $160,995 in April 2007. This is only a 1.5% decrease in sales price from 2007 to 2008.

Although these numbers are not what any of us would like to see, the fact remains that Southaven is experiencing less of a hit to its market than are many communities across the nation. And remember this, if you are a homeowner looking to move to a larger and more expensive home, there will never be a better time to buy. Why? Let's look at some numbers. If you live in a home that would normally bring $150,000 on the market and you apply the 1.5% decrease in sales price mentioned above, then you would lose $2,250 ($150,000 x 1.5%) by selling in the current market. However, if you are looking to buy a home that would normally sell for $200,000 then buying now would save you $3,000 ($200,000 x 1.5%) by buying now. So, when the market turns around, and the market ALWAYS turns around, then you would actually realize a $750 ($3,000 - $2,250) gain on your home investments.

And, of course, if you are a first-time homebuyer, then this is the perfect time to purchase a home in Southaven. The prices are low, the inventory plenteous, and the mortgage rates will most likely never be better.