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5407 Marburn Ave
Los Angeles, CA 90043
$2,195,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3422
Property Description
AMAZING OPPORTUNITY - Seller offering a 2% credit for rate buy down! Unlock Up to 2% Off Your Interest Rate on this beautiful home when purchasing with a full-price offer - This can be thousands of dollars off your monthly mortgage payment! This charming traditional storybook home boasts four bedrooms, four baths, and is completely move-in ready. Upon entering, the main level of the home greets you with a formal den with wood burning fireplace. As you follow the beautiful wood floors throughout, you're led to the kitchen, family, and dining room which flow perfectly into each other making this an entertainer's dream. Two beautifully appointed bedrooms are found on the main level, each with their own turnkey bathrooms. The entire upper level consists of a luxurious primary suite with lush landing. The bedroom features high ceilings, with its own private day bed balcony and master ensuite complete with a steam shower, beautiful spa tub, and the finest finishes. A huge walk-in closet provides ample space for all of your wardrobe needs. The home also features a basement with its own separate entrance, making it the perfect space for an at-home office, fourth bedroom with a full bathroom attached, or income producing unit. Outside, the backyard is a true oasis, with beautiful flourishing landscaping that delivers ultimate privacy. A river pool provides the perfect way to exercise or cool off on those hot summer days. Whether you're looking to relax or entertain, this backyard has it all. Fully paid off solar, E/V car charger, security camera's throughout, a rare Roman Tub, your own personal gym room, and tree house w/ power are just a few of the many amenities this home gifts you. A true definition of quality and value
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1939
MLS Number
24-389051
Location
Address
5407 Marburn Ave
City
Los Angeles
State
CA
Zip Code
90043
County
LOS ANGELES (SOUTH CENTRAL)
Listing
Provider
Coldwell Banker Realty, original listing
Name
Coldwell Banker Realty
Phone
(800) 500-4053
Office Name
Coldwell Banker Realty
Office Phone
(310) 777-6200
Agent Name
Aram Afshar

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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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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.