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70 Putters Lane
Mays Landing, NJ 08330
$449,900
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
--
Property Description
Welcome to 70 Putters Lane, a stunning showcase of comfortable & luxury living, nestled in the last cul-de-sac (*low pass through) of the desirable original Stonecrest Community in Mays Landing. This quiet neighborhood with its own playground (*with view from house), is nearby to many shopping centers, restaurants, the Mays Landing Country Club, and just minutes from access to the AC expressway & Garden State Parkway & be @ the beach in 20 min! Pull up to this One Owner, well maintained (3 Bedroom-possible 5-6 bedroom) gem and be immediately greeted by the beauty of the elegant stone facade, expanded front porch and upgraded cedar shake siding. Enter your new home with your eyes instantly drawn to the mesmerizing stone wall with tv cut out and gas fireplace to cozy up to on those cold days/nights. The generous living space complete with glistening Brazilian hard wood flooring and two skylights is the perfect place to relax or entertain family and friends. Two well appointed bedrooms and a stunning tiled full bath with glass enclosed shower await to your left, along with access to a very sizable walk up attic that could be converted to a loft or additional bedroom. Off to the right allows entrance to an expanded dining area also adorned with Brazilian hardwood flooring and a rustic light fixture. Connected to the dining area is a coveted eat in kitchen with beautiful tiled flooring, gorgeous Maple high cabinetry, eye catching back splash that fully complements the expansive countertops, a newer LG stainless steel kitchen package, built in wine rack, and a sliding glass door that provides access to an amazing backyard entertaining space. A very large main bedroom awaits off the other side of the dining room with access to another attic space, huge walk in closet and tiled full bath with glass enclosure, sky light, and jacuzzi tub. Exit your kitchen through a pocket door to find a large pantry and steps to a one car garage and a magnificently finished full basement. Gorgeous Berber carpeting greets you at the basement entrance. As you look around you will take notice of the well thought out utilization of space with all mechanicals and the sump pump sectioned off to one room with a full size washer/dryer and salon style sink. The remaining space has an elegant drop ceiling throughout, bonus storage area under the steps, large open area, comfortable living room space sectioned off, full bathroom, hook up for a sink for a bar, two storage rooms that could be converted to bedrooms along with a HUGE fitness room. Many additional features complement this area including recessed lighting, many well positioned electrical and cable outlets, and a bilco door for outside access to an amazing stamped concrete patio sprawling over 1000 sq ft, secured by a retaining wall and complete with a small grilling section. This MOVE IN READY STUNNER is a Must See! Hurry for this one as it won't last long!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
--
MLS Number
584378
Location
Address
70 Putters Lane
City
Mays Landing
State
NJ
Zip Code
08330
County
ATLANTIC
Listing
Provider
PRUDENTIAL FOX and ROACH-144H, original listing
Name
PRUDENTIAL FOX and ROACH-144H
Phone
(609) 822-4200
Office Name
BHHS FOX and ROACH-Margate
Office Phone
(609) 822-4200
Agent Name
THOMAS CRITCHLEY, ABR, SFR

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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.