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145 Chadwick Dr
Georgetown, TX 78628
$1,649,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
4269
Property Description
Exquisite 2 story home 5 bedrooms, 4 1/2 baths with two primary bedrooms downstairs and an office. Circular driveway, side entry 3 car garage, in ground pool all nestled on a corner 1 acre lot in the Preserve of Escalera Ranch. Easy access to IH35, Ronald Reagan, 183A, hospital, schools and retail. Garey Park to the west. Beautiful wrought iron double doors set the stage as you make your way into the home. Elegant 2 story foyer with cascading stairs. Spacious front office area with French doors and a large bay window with a front yard view. Find your way beyond the foyer into the family room with a floor to ceiling stone fireplace, high ceilings and beams that open into this fabulous gourmet kitchen of custom cabinetry, large granite island, professional style cooking range and loads of counter area. Beyond the kitchen is the laundry room with ample storage, a built-in sink and a pet washing area. Large walk-in pantry. The primary suite is located just off the living area boasting of tall cathedral/tray ceilings with a view and doorway leading out to the covered patio and pool area. Primary bathroom has dual vanities, custom walk-in shower and separate garden tub. There are 3 additional bedrooms, 2 bathrooms, a home theater and extra living (game room) area upstairs as well as a large outdoor balcony overlooking the backyard and pool area. For the wine enthusiast a wine cellar. The backyard is an oasis full of tranquility and peace. The covered patio extends the width of the home with an outdoor grill and refrigerator. Plenty of areas to sit, dine, have coffee or to entertain friends and family in or around the beautifully landscaped pool area and hot tub. A garden area and several fruit trees to harvest. Georgetown address with Leanders schools. Come call this 5 bedroom, 4 ½ bath, 3 car garage on an 1 acre homesite yours!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2015
MLS Number
8366460
Location
Address
145 Chadwick DR
City
Georgetown
State
TX
Zip Code
78628
County
WILLIAMSON (EAST)
Listing
Provider
Keller Williams - Round Rock, original listing
Name
Keller Williams - Round Rock
Phone
(512) 255-5050
Office Name
Keller Williams - Round Rock
Office Phone
(512) 255-5050
Agent Name
Mary Patterson

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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.