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1189 Wild Indigo Crossing
Statham, GA 30666
$720,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3637
Property Description
Come see an absolutely beautiful and well-maintained home with impressive features and upgrades in the Wildflower Meadows subdivision. The house is all brick, giving it a classic and elegant look. Hardwood flooring throughout the house provides a sophisticated and durable flooring option. Custom tile has been installed in all the bathrooms. The home is adorned with crown molding and custom trim. The high ceiling adds an open and spacious feeling to the living areas. The main floor includes an extra large master suite with a sitting room, double vanities in the master bathroom, a separate shower, and a soaking tub. There are also his and her walk-in closets. On the opposite side of the main floor plan, there is a guest bedroom with a full bathroom. The kitchen is spacious and equipped with stainless steel appliances, including a double oven. There's also an eat-in area that overlooks the family room with a wood-burning fireplace. A convenient laundry room is located off the kitchen, complete with cabinets and a utility sink. The large dining room has coffered ceilings. Upstairs, there are two large bedrooms, each with its own bathroom featuring a tub-shower combo and granite countertops. Above the garage, there's an extra large bonus room, perfect for a game room or office space. An open loft area is also available upstairs, providing additional versatile space. The back yard is level and suitable for gardening and play activities. The home sits on an acre lot, which includes some trees for added privacy. There's a three-car garage, providing ample parking and storage space. The home is located in the highly sought-after Oconee school district, and the neighborhood offers amenities such as tennis courts, a pool, and a playground.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2015
MLS Number
7355938
Location
Address
1189 Wild Indigo Crossing
City
Statham
State
GA
Zip Code
30666
County
BARROW
Listing
Provider
Higher Tech Realty d/b/a Mark Spain Real Estate, original listing
Name
Higher Tech Realty d/b/a Mark Spain Real Estate
Phone
(770) 886-9000
Office Name
Mark Spain Real Estate
Office Phone
(770) 886-9000
Agent Name
Mark Spain

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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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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.