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Sunterra By Castlerock Communities 27126 Talo
Katy, TX 77493
$392,990
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2843
Property Description
The Dakota is a wonderfully spacious home for families of any lifestyle.. Entering the impressive Dakota plan, you are welcomed by a long foyer entry and are immediately greeted by your formal dining room - ideal for hosting dinner parties or your family for the holidays. If you'd rather have a private place to work from home, opt to make it a study room instead. Down the entryway is your convenient downstairs powder room, a walk-in utility room, and access to your two-car garage. Need more space to store tools, supplies, or another car? The Dakota gives you the opportunity to include an additional five feet to your garage or turn it into a three-car. Back inside, you are met with a spacious kitchen and a combined cozy, niche-style breakfast area that you can add a box window seat to, if you'd prefer. Your kitchen has fabulous features like granite countertops, designer light fixtures, flat-panel birch cabinets, and an oversized walk-in pantry! The large kitchen looks into the two-story family room that you can add a fireplace to in order to give the room that extra flair. From the family room, you also have access to your optional covered patio - perfect for backyard barbecues. Completing the first floor is the downstairs master suite that has a vaulted ceiling which adds to this homes luxury feel. The master bathroom offers cultured marble countertops with dual vanities, a bathtub with a stand alone shower, and a huge walk-in closet. Upstairs, you will find a large gameroom that the kids will love, a captivating media room that you can turn into a fifth bedroom, and the three remaining bedrooms with the secondary bathroom beside the gameroom. The opportunities are limitless since the Dakota home offers numerous options to expand. You will never have to sacrifice comfort and flexibility with this floor plan. With the perfect amount of space, and options that the whole family can enjoy, you will definitely cherish each memory created within these walls.
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
--
MLS Number
1915337
Location
Address
Sunterra by CastleRock Communities 27126 Talo
City
Katy
State
TX
Zip Code
77493
County
HARRIS (NORTHWEST COUNTY)
Listing
Provider
CastleRock Communities (Corporation), original listing
Name
CastleRock Communities (Corporation)
Phone
Office Name
CR TX Houston
Office Phone
Agent Name
Lisa Pierre

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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.