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7759 Lee Street
Arvada, CO 80005
$775,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
3270
Property Description
PRICE REDUCED to make this spacious home yours! One of a kind, large, golden fire brick, custom built home, located on a corner lot is now on the market! This popular neighborhood boasts of custom-built homes, outstanding schools, Ralston Valley High School and nearby Sierra Elementary, AND NO HOA! Come and see the original amber stained glass window entry on a covered porch, in front of the circle drive. Walk in and be welcomed into the foyer with new Turkish Travertine Tile leading down the hall and in the powder room. Warm wood floors flow throughout the living room, dining room, kitchen, and family room on the main floor. A wet bar and player piano (included) graces the living room. This custom floor plan placed the stairs in the back of the house for private entry into the upstairs and downstairs. The second floor has 3 bedrooms and 2 bathrooms. The basement level can be its OWN LIVING SPACE consisting of a game room with a pool table (included), a small kitchenette area, a space themed media room with disco ball, a freshly, remodeled bathroom, a storage room, and a huge non-conforming bedroom suite with office built in shelving. This mature landscaped lot features an antique buggy racer on the corner and is nearly a 1/3 of an acre! The screened porch is an outdoor living space that opens to a deck surrounded by elderberry bushes. This private deck has a hot tub and water feature that will draw you outside year-round! A utility shed is in the side yard on a concrete patio. An oversized 2 car garage and circle drive provides plenty of off-street parking. Conveniently located within walking distance of Two Ponds Wildlife Preserve and an RTD bus stop. Old Town Arvada and the light rail is a few minutes’ drive from the property. This is an opportunity for the buyer who wants a home that is uniquely theirs. It is waiting for you.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1977
MLS Number
3604007
Location
Address
7759 Lee Street
City
Arvada
State
CO
Zip Code
80005
County
JEFFERSON
Listing
Provider
Worth Clark Realty, original listing
Name
Worth Clark Realty
Phone
(719) 581-2007
Office Name
Worth Clark Realty
Office Phone
(800) 991-6092
Agent Name
Cheryl Condon

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.