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24944 Pebblestone Lane
Georgetown, DE 19947
$449,990
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1730
Property Description
Do you want a new home but don't want to wait 6+ months for it to be built? Well, this home is for you! Located conveniently close Rt 113 you're just a short drive to all Delaware and Maryland Beaches, Millsboro and Sailsbury. While maintaining a quite rural setting. Built by one of Sussex Counties most reputable Builders Robledo Construction. No expense was spared building this home, and it's easy to tell that only the best of best was used with the finished product. The home features 3 bedrooms and 2 full bathrooms with a split open floor plan. Oversized 2 car garage and front and rear porch for enjoying the quiet countryside. Some of the advanced construction aspects of this home include 2x6 outer walls, engineered floor joists and roof trusses, Timberline Architectural Roofing system, Georgia Pacific and Hardie James siding, double hung windows with screens, seamless gutters, cedar shake siding, board and batten on front of home, conditioned crawlspace and concrete driveway just to highlight a few of the features of the outside of the home. Inside, you'll find the same quality and craftsmanship. Through out the home is 12ML waterproof Engineered flooring, 6-inch square baseboard and walls are painted with a neutral yet inviting Sherwin-Williams paint. The kitchen is an open concept with beautiful Quartz countertops, Waypoint soft close cabinets, and drawers. The home also comes with all the stainless appliances included. On to the master suite featuring his and hers clothes, tiled walk-in shower, double vanity, and your own private exit way to the back porch. On the opposite end of the home from the master you'll find bedrooms 2 and 3 along with a full bath. All this sits on an almost acre lot. So don't wait too long to make this dream home a reality!!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
DESU2060562
Location
Address
24944 PEBBLESTONE LANE
City
GEORGETOWN
State
DE
Zip Code
19947
County
SUSSEX
Listing
Provider
EXP Realty, LLC, original listing
Name
EXP Realty, LLC
Phone
(443) 864-2772
Office Name
EXP Realty, LLC
Office Phone
(888) 543-4829
Agent Name
JEFF KEMP

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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.