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9327 Heather Field Ct
Gaithersburg, MD 20882
$1,950,000
Conventional
Property
Bedroom
6
Bathroom
8
Property Type
Conventional
Square ft
--
Property Description
Stunning brick exterior colonial settled on over four acres of pristine landscaping in a private area of Seneca Springs! Arrive down the impressive circular driveway, through the wrought iron French doors and arrive into the grand foyer that welcomes you with a soaring ceiling, and a Palladian window that shines an abundance of natural light onto the beautiful flooring and accents the custom columns and wainscotting. The formal living, dining room, and office that is right off the foyer allows for a seamless transition from entertaining to dining or from work to home, accented by double crown molding, box wainscoting, built-in bookcases, and guides you through the butler's pantry and into the gourmet kitchen. Let the spacious and sophisticated kitchen inspire your inner chef and create delectable delights boasting a planning station, a center island with breakfast bar, decorative backsplash with inlay accents, 42""� cabinetry high-end stainless steel appliances, and granite counters. An open floor plan allows for conversation with family and friends and offers many possibilities as you move through from one room to the next. A two-story family room features an impeccable style with hardwood floors and a wood-burning fireplace with a brick surround that brings a warmth and calming atmosphere. The north wing provides a recreation room, a powder room, a mud room, and a laundry room. Relax and unwind in the private primary bedroom suite highlighted by plush carpet, a gas-burning fireplace, built-in bookcases, and an ensuite with double walk-in closets, a jetted soaking tub, separate vanities, double water closets, and a spa-like double walk-in shower. Four additional bedrooms, three baths, and a loft conclude the upper-level sleeping quarters. The fully finished lower level is sure to make lasting memories with a second kitchen, a game area, an exercise room, a hobby room, a media room, and a bonus room that creates a plethora of possibilities. Above the four-car garage, you will find guest quarters with a full bath, a living area, a dining area, and a bedroom area. Major commuter routes include MD-650, MD-355, Rte 97, MD-32, and MD-108.
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential
Year Built
2003
MLS Number
MDMC2115462
Location
Address
9327 HEATHER FIELD CT
City
GAITHERSBURG
State
MD
Zip Code
20882
County
MONTGOMERY (CENTRAL)
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
Clarksville
Office Phone
(888) 536-0216
Agent Name
Creig Northrop

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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.