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3301 Mangrove Rd
Edmond, OK 73034
$344,340
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1500
Property Description
This Brinklee floor plan includes 1,595 Sq Ft of total living space, which includes 1,500 Sq Ft of indoor living space and 95 Sq Ft of outdoor living space. There is also a 380 Sq Ft, two car garage. The Brinklee floor plan reflects Homes By Taber's creativity, from the exceptional exterior details to the clever interior use of space. This home offers all the features you want, with the convenience of cozy spaces that fit your lifestyle. Both your front porch and two-car garage meet at your entryway, dividing your master suite from the other two bedrooms. The master retreat features a generous living space with partially vaulted ceiling to enhance the open feeling of the room. Your five-piece bathroom includes a whirlpool tub and European walk-in shower, as well as dual sinks. The walk-in closet takes advantage of a 10-foot ceiling to give you more vertical space for your storage. The other two bedrooms share a well-sized, full bathroom. The front bedroom includes a 10-foot ceiling and walk-in closet and could be easily converted to a guest room, home office, den, or media room. The heart of your home is designed with an open floor plan and a 10-foot ceiling that adds spaciousness. A gas fireplace is situated in the corner of the living room, a beautiful accent and focal point to the area. The center island kitchen offers a modern style, with the oven and microwave installed in the island, stainless steel farm sink and a separate cooktop, a layout that is preferred b...
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
--
MLS Number
5928bb074db048033ac307dc+153
Location
Address
3301 Mangrove Rd
City
Edmond
State
OK
Zip Code
73034
County
OKLAHOMA
Listing
Provider
Homes By Taber, original listing
Name
Homes By Taber
Phone
Office Name
Homes By Taber
Office Phone
Agent Name
Woodland Park

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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.

Free Foreclosure Listings

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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.