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3655 Havenwood
North Street, MI 48049
$669,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3000
Property Description
This country estate in Clyde twp. is a rare find! Located on a private rd. at the end of a cul-de-sac. This secluded setting provides a great rural feel. As you enter the large foyer, an open concept living area greets you. Lots of natural light, creating great sightlines to the outdoors. 2 large gas fireplaces, 1 in living room, the other in the basement, helps break the chill on those cold winter evenings. Spacious country kitchen with lots of counter and cabinet space. Countertops are upgraded with granite! The daylight basement has a chairlift on the stairway and is finished with a bath, kitchen and extra bedroom....a whole other living area! All the bedrooms are "right sized" and have WIC. The primary bedroom suite is amazing! large windows to the backyard and WIC that is like a whole other room. The bath in the suite has a jetted tub and separate shower. On the 2nd floor there is a large bonus room that could be a workout room, gaming room or a 5th bedroom. House is heated and cooled with an updated geo thermal system. In addition, there is a whole house backup generator. Home has abundant storage areas. If that isn't enough, There is a large covered patio with fresh epoxy paint overlooking the wooded back yard. Gutter guards were added at a cost of $9,000 and come with a transferable warranty. There is a large garden area in the side yard. Lastly there is a 2,500 square foot pole barn with a 10', 12' 14' overhead doors to store that large equipment or RV. Barn is partially heated and has loft storage. Property is located 10 minutes from Port Huron and I-69 -I-94 Freeway. This one won't last.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential
Year Built
2004
MLS Number
50141000
Location
Address
3655 Havenwood
City
North Street
State
MI
Zip Code
48049
County
SAINT CLAIR (NORTH)
Listing
Provider
Coldwell Banker Professionals, original listing
Name
Coldwell Banker Professionals
Phone
(586) 727-2741
Office Name
Coldwell Banker Professionals
Office Phone
(586) 727-2741
Agent Name
Robert Kean

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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.