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900 N Stafford Street
Arlington, VA 22203
$1,135,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
2370
Property Description
AMAZING VIEWS !! Come see for yourself! **OPEN HOUSES SATURDAY and SUNDAY , BOTH FROM 2:00PM-4:00PM***Relax from the stresses of this hectic world with days and evenings full of beautiful views ,sunsets, and great spaces for entertaining elegantly or just living comfortably. ***This 4 BEDROOM 3 .5 BATH LUXURY DUPLEX PENTHOUSE has an ENORMOUS BALCONY and beautiful GOURMET kitchen ***And this condo gives you choices, You could also enjoy the outdoors from the smaller ENCLOSED balcony .which is on the lower level. (1st floor)**On that first floor we boast 2 ensuite bedrooms and the Library/small bedroom, the enclosed balcony and a laundry area .(LAUNDRY #1)***And UPSTAIRS, - The Divine Living Spaces, where you can access the balcony from 3 different sets of doors . ** Just around the corner from the living room , out of site are the Large Capacity WASHER AND DRYER ,(which gives this condo IT'S 2nd LAUNDRY AREA,), .The half bath is also just around the corner from the living room area. ****Down the open hallway is the entrance to the Dining Room, there you will find two very elegant wood and glass enclosed cabinets one for wine storage and just opposite that another glass enclosed cabinet that can be used as a showcase .** *This upscale kitchen has a VIKING stove , and even a GROHE faucet as well as excellent , chic, cabinets , shelves and drawers for innovative storage solutions.***Please note , thebuilt-in capuccino machine conveys as is!****The 2nd floor(top floor) also has a BONUS ENSUITE BEDROOM .**** **In addition to this building being conveniently located above the Ballston Metro ,There are 2 GARAGE PARKING spaces on the G4 level that convey . Also there is an EXTRA STORAGE BIN on the 8th floor- But with all of the wonderful closet space in the unit , You might not even need it.****The unit is currently being occupied by wonderful tenants who will be there til the end of May.***
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1989
MLS Number
VAAR2042574
Location
Address
900 N STAFFORD STREET
City
ARLINGTON
State
VA
Zip Code
22203
County
ARLINGTON
Listing
Provider
Century 21 New Millennium, original listing
Name
Century 21 New Millennium
Phone
(703) 753-7910
Office Name
CENTURY 21 New Millennium
Office Phone
(703) 556-4222
Agent Name
Candy Friedlander

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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.