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1213 N Wild Pine Drive
Yorktown, IN 47396
$369,900
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2826
Property Description
Looking for the luxuries of a spacious, new-build home without the new-home build price? This four-bedroom, 2.5-bathroom house, located in the highly desirable Chase Trail neighborhood in Yorktown, is the home for you. With almost 3,000 square feet of living space — including a living room and family room on the first floor, and another large open area on the second floor — this house has more than enough room for you and your family. The large kitchen and island, dining area, fenced-in back yard and extended patio space, meanwhile, provide plenty of room for family and friends. The house has four large bedrooms, including a massive main bedroom with its own bathroom with shower and walk-in closet. A second bedroom also includes a walk-in closet. The home’s two-car garage is not only fully finished, but it also features an extra ceiling storage rack for added convenience. This home’s energy features make the utility bills easy on the wallet for a house of its size. Features include a gas furnace, gas stove, and a zone heating and cooling system with separate thermostats that make both the first and second floors comfortable at all times. The house also comes with a water softener, located in the garage, and Andersen double-hung windows and back patio sliding door. Top-notch, matching black stainless steel Samsung kitchen appliances included with the house are a gas stove, microwave, large refrigerator with automatic-refill filtered water pitcher, and dishwasher. Other conveniences included: a second-story laundry room on the same level as the bedrooms (washer/dryer not included); a bonus craft/utility/storage room, located on the first floor; in-wall cable concealing setups for TVs in the living room and main bedroom; and cable TV access points in all four bedrooms. HOA fees for this lot are mandatory, but are minimal; 2024 dues, which are already paid, were just $325 for the year.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2022
MLS Number
202404904
Location
Address
1213 N Wild Pine Drive
City
Yorktown
State
IN
Zip Code
47396
County
DELAWARE
Listing
Provider
NextHome, Inc, original listing
Name
NextHome, Inc
Phone
Office Name
NextHome Elite Real Estate
Office Phone
(765) 729-5181
Agent Name
Austin Rich

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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.