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5200 Lake Shore Lane
Denton, TX 76208
$93,500
Conventional
Property
Bedroom
2
Bathroom
2
Property Type
Conventional
Square ft
960
Property Description
Discover your ideal retreat in Denton, Texas, just a stone's throw away from the serene Lewisville Lake. This exceptional mobile home offers an array of compelling features that make it stand out from the rest. Step inside to discover a generously sized living room, a comfortable dining area, and a fully-equipped kitchen. With two spacious bedrooms and bathrooms, you can savor the luxury of privacy. Additional conveniences include a sunroom, a covered porch that calls you to the outdoors and a large shed for extra storage.This meticulously maintained property also offers the added bonus of a two-car covered carport making it move-in ready for your convenience. But what truly sets this place apart is the sense of community. You'll find like-minded neighbors who are not only friendly but also supportive. Everyone has access to their neighbors' contact information in case of emergencies or simply for camaraderie. It's a real community of kindred spirits. Your dream home is waiting for you here. Don't miss this opportunity to live life on your terms in a welcoming community. Seize the moment and make this extraordinary haven yours today! IN 55+ AND OLDER COMMUNITY Home Features: • 2 Bedrooms • 2 Bathrooms • 2 Car Covered Carport • Visitor parking across the street from this home • 16 X 12 Shed with 200 Amp • All appliances including Washer & Dryer • Huge covered porch with nice view of the Lake • Additional cabinets for storage in both bathrooms • Lot rent estimated at $650 Amenities: • Community Events • Gated Community • Corner Landscaped Nearby Resources: • Denton Primitive Baptist Church 2.7 miles away • Texas Department of Public Safety 3.4 miles away • Timberlinks Golf Club 6.3 mile away • Greenbelt Park Denton is 5.9 Miles away Buy this home for $93,500 cash or ask us how you can finance this home Must be approved by the park
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
--
MLS Number
11256099
Location
Address
5200 Lake Shore Lane
City
Denton
State
TX
Zip Code
76208
County
DENTON (WEST)
Listing
Provider
RNJ Mhome Connection LLC, original listing
Name
RNJ Mhome Connection LLC
Phone
Office Name
RNJ Mhome Connection LLC
Office Phone
Agent Name
Rose JeanLouis

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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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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.