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1215 Futurity Street
Frederick, MD 21702
$669,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3614
Property Description
This magnificent 4 bed/3.5 bath home, once a model home, is situated just minutes away from historic downtown Frederick, offering a harmonious blend of contemporary luxury and convenience. With its high ceilings, spacious floor plan and a finished basement complete with a full bathroom, this home is in immaculate condition, ready to welcome its fortunate new occupants. The heart of this home is its stunning gourmet kitchen, adorned with stainless steel appliances and a gas stove—a haven for culinary enthusiasts. Every detail has been carefully considered to provide the utmost in comfort and style. Upstairs, the bedrooms are generously sized, with the primary bedroom featuring a tray ceiling and two walk-in closets—an oasis of tranquility and relaxation. Additionally, the convenience of having laundry facilities on the bedroom level adds to the practicality of this home. Step outside onto the composite deck and soak in the breathtaking views of the surrounding area—a perfect setting for entertaining guests or unwinding after a long day. Nestled within a community offering tot lots and sidewalks, this home combines serenity with accessibility, making it an ideal place to call home. Don't miss out on the opportunity to experience modern luxury at its finest—schedule your viewing today!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2018
MLS Number
MDFR2046516
Location
Address
1215 FUTURITY STREET
City
FREDERICK
State
MD
Zip Code
21702
County
FREDERICK
Listing
Provider
Keller Williams Realty Centre, original listing
Name
Keller Williams Realty Centre
Phone
(410) 312-0000
Office Name
Keller Williams Realty Centre
Office Phone
(240) 309-6000
Agent Name
Joanna Brown

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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.