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392 Rendezvous Ridge Road
Cashiers, NC 28717
$1,249,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
--
Property Description
Nestled in the serene mountains of western North Carolina, this exceptional home offers an idyllic blend of modern comforts and natural beauty. With proximity to downtown Cashiers and access to Lake Glenville, the location merges convenience with the tranquility of lakehouse living. Extensively renovated, this property exudes a fresh and inviting ambiance. The expanded deck and kitchen showcase thoughtful, open design, while the exterior boasts new stonework and the practicality of a covered carport. Step inside to discover an open floor plan, as the main-level living room, kitchen, and dining area easily flow together. The expanded dining and kitchen areas are complete with new cabinetry, granite countertops, KitchenAid appliances, and a charming farm sink, setting the stage for effortless entertaining. The living room opens to a generous porch leading to the stone patio. Custom wrought iron railing and barn wood posts lead to the loft upstairs and extra living space downstairs. The dining and living rooms seamlessly extend to the deck, where an outdoor fireplace awaits. Here, you can grill amidst the backdrop of a refreshing summer breeze from Lake Glenville, creating an inviting space for al fresco dining and relaxation. On cooler nights, the three wood-burning fireplaces offer warmth. The ample deck space on both the main and lower levels, complemented by a stone patio and a wood-burning stacked-stone fireplace, presents a haven for outdoor entertaining and living throughout the seasons. New stacked stone planters match stonework throughout the exterior and offer an inviting entrance through the updated entryway. With four bedrooms and three-and-a-half bathrooms, this home is thoughtfully designed as a comfortable mountain retreat that captures the essence of cozy living surrounded by the natural splendor of lakes and mountains. You don't want to miss it!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2004
MLS Number
103681
Location
Address
392 Rendezvous Ridge Road
City
Cashiers
State
NC
Zip Code
28717
County
JACKSON
Listing
Provider
Silver Creek Real Estate Group, original listing
Name
Silver Creek Real Estate Group
Phone
(828) 743-1999
Office Name
SILVER CREEK REAL ESTATE GROUP, INC.
Office Phone
(828) 743-1999
Agent Name
Julia Banner

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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.