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2 Camelot Lane
Wrightsville, PA 17368
$899,900
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
5200
Property Description
Alert!!!! Spectacular home priced to sell in prestigious Saddle Ridge! Don't wait to come see this immaculate 5200 sq ft (approx) estate style home featuring a grand marble foyer with a curved staircase, crown molding, tray and coffered ceilings, hand scraped wood floors, sunken living room, multiple fireplaces, walk out lower level, a 2nd staircase from the family space, and so much more! The first floor also offers a bedroom (currently set up as an office) that has it's own private full bath! Master Bedroom includes a large seating area, a huge walk-in closet and a bathroom to die for. If you prefer entertaining indoors, this home is perfect with it's open floor with large kitchen. If you want even more living space, the walk out lower level with 9 ft ceilings and already has the roughed in plumbing just waiting for you to add your own finishing touches and would make the finished living space of this home almost 8000 sq ft! If you are more of an outdoor entertainer, you'll enjoy the views of your deck overlooking your 1+ acre yard, with the backdrop of the rolling landscape surrounding you. Other features include an oversized 3 car garage, and loads of updates including refinished wood floors and railings, and most of the mechanicals including a new roof and HVAC unit! House includes a CCTV camera system with on premises DVR recorder and 3 dedicated TV monitors throughout the house. Inground Trampoline for fun spring and summer days, 1 mile away from Lake Clarke Marina and multiple State Parks.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2008
MLS Number
PAYK2059238
Location
Address
2 CAMELOT LANE
City
WRIGHTSVILLE
State
PA
Zip Code
17368
County
YORK
Listing
Provider
Century 21 Realty Services, original listing
Name
Century 21 Realty Services
Phone
(717) 737-2121
Office Name
Century 21 Realty Services
Office Phone
(717) 737-2121
Agent Name
BRAD BOYER

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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.