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1270 Tilia Creek Ln.
Montgomery, TX 77316
$418,480
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2637
Property Description
Privacy is not a worry with the stunning Fitzgerald floor plan.. Entering the home, you are greeted by the private study, an ideal space for the kids to finish their homework or for you to work from home peacefully. Across from the study is the guest bedroom including a walk-in closet, with the secondary bathroom residing beside the bedroom. Then, you are met with your convenient kitchen and dining room combination that opens up to the family room. This combination of rooms, as well as the option to include a stylish fireplace is ideal for gatherings of any size for any occasion! Your kitchen boasts alluring features such as granite countertops, birch cabinets, industry-leading appliances, a kitchen island with a built-in sink, and an oversized pantry! Across the kitchen is access to your walk-in utility room and your two-car garage. If you desire more space to store tools or a third vehicle, the Fitzgerald plan gives you the opportunity to turn your two-car standard into a two-and a half or third-car garage. For those that desire an outdoor sanctuary, you have the option of including a standard covered patio or extended covered patio for your leisure. The first floor is completed with the secluded master suite residing just beside the massive family room. The elegant master bathroom consists of cultured marble countertops with separated dual vanities, a bathtub with a separate shower, and an enormous walk-in closet. Enhance your master bathroom by opting for a super shower instead! On the second floor, you will discover the spacious game room, two additional bedrooms with large walk-in closets, complete with the full third bathroom with dual vanities residing between the two bedrooms. If you are needing extra space for guests, transform your gameroom into a fifth bedroom. The Fitzgerald holds an abundance of opportunities that your whole family can enjoy for years to come. With the attractive options and features available, you can't go wrong with this plan!
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
--
MLS Number
2218111
Location
Address
1270 Tilia Creek Ln.
City
Montgomery
State
TX
Zip Code
77316
County
MONTGOMERY (WEST)
Listing
Provider
CastleRock Communities (Corporation), original listing
Name
CastleRock Communities (Corporation)
Phone
Office Name
CR TX Houston
Office Phone
Agent Name
Chris Szmyr

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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.