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546 Griswold Rd
Jay, FL 32565
$505,000
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
2181
Property Description
Nestled right between the open countryside, this contemporary style home sits on over 1 acre of land that is fully cleared for you to enjoy all the best amenities of country living. Built in 2019, this 4 bedroom, 2 bath open concept home features a timeless feel with all the modern amenities. Entering from the large two car garage, the open floor plan leads you past the laundry room with luxury vinyl plank flowing throughout the common areas. The living room features raised tray ceilings, an electronic fireplace and mantle, and a built-in projection screen/audio system for optimized video viewing. The kitchen, which overlooks the living room and breakfast nook, features granite countertops, a large island, stainless steel appliances, and a large pantry. The split master bedroom off the kitchen features an en suite bathroom with a large floor to ceiling tiled glass shower, spacious garden tub, and double vanity. The remaining three bedrooms are on the other side of the property and all feature large closets and carpet. All bedrooms share a spacious common bath off the living room. Off the living room is a large bonus sunroom lined with windows facing the backyard. The bonus space is heated and cooled and offers additional storage and sitting space. Out the back door, you step into an oasis with all the amenities to keep you occupied for hours. The backyard which is fully enclosed by a privacy fence features a saltwater inground pool and a separate pool house. There is a full exterior kitchen with another full bathroom outside featuring a glass shower. There is an additional building and carport out back for all your storage needs which features an oversized garage door. Come see the best that country living, and modern sophistication has to offer.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2019
MLS Number
643455
Location
Address
546 Griswold Rd
City
Jay
State
FL
Zip Code
32565
County
SANTA ROSA
Listing
Provider
Paradise Coastal Realty, Inc., original listing
Name
Paradise Coastal Realty, Inc.
Phone
(850) 932-0067
Office Name
PARADISE COASTAL REALTY, INC.
Office Phone
(850) 932-0067
Agent Name
Kristopher Kessler

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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.