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1427 Pintail Cir
Los Banos, CA 93635
Ayinde Loudd with Keller Williams Thrive, original listing - (408) 850-6900
$440,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
1787 Square Feet
Property Description
Nestled in the heart of a serene and family-friendly neighborhood sits this beautifully maintained 4-bedroom (5bd), 2.5-bathroom home with a bonus room. It offers the perfect blend of comfort and modern living, spanning over 1,780 sq. ft., this spacious residence sits on a generous 7,440 sq. ft. lot that makes this home standout among the rest. As you step inside, you have an inviting open-concept layout that seamlessly connects the living room, dining area, and kitchen ideal for entertaining or spending quality time with family. The kitchen has, modern appliances, and ample cabinet space. The primary suite is downstairs and offers a peaceful retreat that is stair-free. Upstairs you'll be greeted with fresh paint and new carpets and 3 bedrooms and a bonus room, that can be used as another bedroom, or office, etc. Upstairs bathroom has dual vanities, both bathrooms offer a tub and shower combo. Outside, the backyard is perfect for enjoying sunny California days, or creating your home garden to grown your own food, featuring a patio area for barbecues and a 9 feet deep pool thats perfect for play or relaxation. The attached 2 car garage offers convenient storage and parking. Located just minutes from schools and shopping centers. This property also has room for an ADU & RV parking.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1993
MLS Number
--
Location
Address
1427 Pintail CIR
City
LOS BANOS
State
CA
Zip Code
93635
County
MERCED
Listing
Name
Phone
(650) 630-0257
Office Name
Office Phone
(408) 850-6900
Agent Name
Ayinde Loudd
Agency Phone
(408) 850-6900

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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.