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6307 Village 6
Camarillo, CA 93012
$489,000
Conventional
Property
Bedroom
2
Bathroom
1
Property Type
Conventional
Square ft
840
Property Description
This thoughtfully remodeled single-level home, nestled on a quiet cul-de-sac in the vibrant Leisure Village community, offers two bedrooms and one full bathroom. Features a large versatile private patio area, perfect for entertaining. The kitchen has been beautifully remodeled with granite countertops, and hammered copper sink. Throughout the home, you'll find scraped ceilings, quality wood-like flooring, and dual-paned windows with plantation shutters. The remodeled bathroom showcases a newer vanity with marble counter and vessel sink. Additional features include an electric fireplace with many features, ceiling fans in every room, A/C, tankless water heater, and included appliances such as washer/dryer, refrigerator and three flat-screen TVs. Leisure Village offers a host of amenities for active 55+ residents, including a pool, spa, tennis/paddle courts, and a 3-par golf course. HOA dues cover essential services; water, sewer, trash, common area maintenance, 24 hour security & cable TV. Come and enjoy this beautiful home in this amazing community!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1974
MLS Number
224000664
Location
Address
6307 Village 6
City
Camarillo
State
CA
Zip Code
93012
County
VENTURA
Listing
Provider
Pinnacle Estate Properties, Inc., original listing
Name
Pinnacle Estate Properties, Inc.
Phone
(818) 262-8295
Office Name
Pinnacle Estate Properties Inc
Office Phone
(310) 456-0880
Agent Name
Chad Martinson

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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.