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25914 Rumbley Rd
Westover, MD 21871
$424,900
Conventional
Property
Bedroom
4
Bathroom
2
Property Type
Conventional
Square ft
--
Property Description
Presenting an eastern shore pinnacle of a property, welcome home to 25914 Rumbley Road. Located in the quaint village of Rumbley, this 4 bedroom waterfront home is just waiting for its new owners to come and introduce themselves! Built in 2007, this unique cape-cod style home is situated with the front of the home and majority of windows facing a south-southeasterly direction, providing an ample amount of natural light throughout the home. Enjoy water views from the living room, kitchen, and screened in porch situated in the front of the home, accompanied by an expansive front deck, accented with an open pergola-style covering, perfect for the budding home gardener looking to adorn their space with some greenery. Warm bamboo flooring greets you throughout the living areas of the home, with ceramic tile in the kitchens, bathrooms, laundry room, and entry ways, spend less time cleaning and more time relaxing! On the first floor you'll find a bedroom and full bathroom along with the laundry room for the home. Upstairs you'll find 3 bedrooms and a full bathroom, with soaking tub and walk-in shower. The largest bedroom upstairs is equipped with extensive built in shelving, cabinetry, and shelving, and an oversized window overlooking Goose Creek. You'll find two additional bedrooms upstairs with custom closet storage systems, and views of the Drum Point Cove to the north. Outside, you'll find a large workshop, complete with ductless heating/AC, perfect for tinkering and working throughout the seasons! Additional shed offers more basic storage for lawn/gardening equipment and all the fishing and crabbing gear you'll need after moving to this waterfront haven! Across the street you'll find a pier that you can utilize for fishing, crabbing, parking your boat, or just plain relaxing and enjoying the wide open skies. The home features a solar panel system also, and while the panels are LEASED, there is no monthly fee for the panels, you pay for what you generate only, without having to worry about costly maintenance and upkeep! Located on Goose Creek, you can access this property directly from the Chesapeake Bay, just cross the Tangier Sound and you'd be home! Just down the street, the eastern shore BBQ favorite Pit & Pub has opened a location, also accessible by boat! When you think of the Eastern Shore of Maryland, this property should be one of the first things that comes to mind with everything it has to offer, alongside the peace and quiet you'll gain living away from the hustle and bustle of surrounding areas. Located less than an hour from Salisbury and Chincoteague Virginia, and less than 90 mins to Maryland and Delaware beaches, come experience what the eastern shore is all about to the fullest! Be sure to check out the virtual tour in the link provided as well! Call today for your private showing!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2007
MLS Number
MDSO2004296
Location
Address
25914 RUMBLEY RD
City
WESTOVER
State
MD
Zip Code
21871
County
SOMERSET
Listing
Provider
Long & Foster Real Estate, original listing
Name
Long & Foster Real Estate
Phone
(888) 536-0216
Office Name
Salisbury/Williamsport Circle
Office Phone
(888) 536-0216
Agent Name
William R Brown

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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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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.