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14 Foxview Circle
Hockessin, DE 19707
$999,900
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
4600
Property Description
Showings start Wednesday March 27th at 9 am. Don't miss this classic brick and cedar colonial estate home in the established community of Sanford Ridge. Situated on a cul-de-sac, perched high on a hill with spectacular views of nature. A welcoming two story open foyer is enhanced by turned staircases. A formal dining room with inlay hardwood floors and formal living room with wood burning fireplace & built-ins flank the front foyer. Designed for entertaining and modern living. Off the dining room, is an updated butler's pantry which leads to the spectacular updated kitchen which features everything you could ever need. All stainless-steel Top of the Line, Wolf Appliances: warming drawer, microwave, wine fridge, fryer, Wolf 60 commercial grade 6 gas burner with griddle and double ovens, third separate oven, subzero French door refrigerator, two sinks, and pot filler. If the party moves into the kitchen, you will find plenty of space at the oversized kitchen island extending the length of the room. A beautiful breakfast room with coffered ceiling, built in cabinetry, and a wall of windows overlooks the backyard plus easy access to the deck area through beautiful French doors. A bright family room with gas fireplace leads into a dedicated study with built in cabinetry that flows into a large conservatory. The sun-filled conservatory boasts even more built in cabinetry and direct access to the outside deck area through French doors with palladium transom windows. Completing the first level is a slate floored mudroom with built in desk, shelving and closet space as well as a separate laundry room with built in cubbies, laundry organizing area, and tub sink. The master bedroom suite is the focal point of the upper level with 5 piece bath, skylights, walk in closets and two secondary closets. Two additional ample sized bedrooms share a jack and jill bathroom. Down the hall, two additional large bedrooms share a third full hall bath completing the second level. The enormous finished lower level provides plenty of room for all types of activities. and has a separate office/workout room plus an additional full bath (#4). Other amenities include beautiful hardwood floors throughout main level, turned 3 car garage with New Doors and Openers and a Tesla Charging Station, 1 New Furnace and AC unit (2 yrs old) and1 hvac coil, New Roof in 2019, and a premium 1/2 acre lot. The Red Clay School district is nationally recognized for their schools and charter school options. Freshly painted and move-in ready. Better Hurry!!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1991
MLS Number
DENC2058274
Location
Address
14 FOXVIEW CIRCLE
City
HOCKESSIN
State
DE
Zip Code
19707
County
NEW CASTLE (WILMINGTON)
Listing
Provider
Berkshire Hathaway HomeServices Fox & Roach, Real, original listing
Name
Berkshire Hathaway HomeServices Fox & Roach, Real
Phone
Office Name
BHHS Fox & Roach Hockessin-Pike Creek Home Ma
Office Phone
(302) 999-9999
Agent Name
John & Mary Luca

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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.