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55 Pinyon Court
Dover, DE 19901
$425,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2292
Property Description
Beautiful home in the highly desirable 49 Pines neighborhood. 3 bed 2½ bath with a fantastic loft totaling 2292sqft. Professional photos are in work. Sellers need a quick close to link the next purchase in Florida. Get your offer in 1st for best chances of acceptance. This is your chance to clinch this HGTV model-like home in the desirable 49 Pines neighborhood in Dover DE! The meticulous upkeep of this 2-year-new home is evident in its cleanliness and well-maintained features. With attention to the custom detail at every turn, you can move in and start enjoying the lifestyle you've always dreamed of. The triple peak roof details, vinyl, white columns, and beautiful stone give that home big curb appeal. The main level key features includes a cozy flex/office/bonus room, 1/2 bath, custom fitted window blinds, 9 ft ceilings, & tasteful vinyl plank flooring all flooded with natural light from the front and back. The heart of the home is the well-appointed kitchen featuring SS appliances, beautiful granite countertops, walk-in pantry, & ample storage space for culinary enthusiasts. Convenience meets luxury with the laundry room conveniently located upstairs, making daily chores a breeze. The master suite accompanies 2 additional bedrooms, a 2nd full bath, and a great loft area that could become a 4th bedroom. The thoughtfully designed layout ensures that every inch of the home is utilized efficiently. The outdoor haven is perfect for entertaining guests or enjoying a peaceful evening under the stars. Whether you're hosting a barbecue or sipping your morning coffee, this patio will surely be your favorite spot. White vinyl fencing grants privacy and safety for the little ones and the fur babies. The builders home warranty is still in effect. This established home simply does not disappoint on Pinyon Court. Don't miss the chance to make this stunning property your forever home.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2022
MLS Number
DEKT2027166
Location
Address
55 PINYON COURT
City
DOVER
State
DE
Zip Code
19901
County
KENT (NORTH)
Listing
Provider
Name
L3D LLC
Phone
(302) 677-0020
Office Name
Keller Williams Realty Central-Delaware
Office Phone
(302) 677-0020
Agent Name
John Willard

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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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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.