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18411 Serrano Avenue
Villa Park, CA 92861
$3,595,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
4702
Property Description
This Tuscan Farmhouse style embraces classical architectural style with modern elements for superb curb appeal and livability. Situated on a corner with a slight rise in elevation and circular drive, this beautifully executed Tuscan country home was created for the connoisseur of fine living. The exceptional landscape with cypress and olive trees compliments the natural stone and Tuscan elements. A custom designed wrought iron gate and heavy arched door open to a vaulted atrium and very private courtyard complete with stone lintel leading to the inside of the home. The upstairs Master suite offers two Juliet balconies, handsome wood flooring, antique farmhouse beams, two walk in closets, radiant heat in bathroom plus a custom “Diamond” brand copper jetted tub, natural stone waterfall in shower, plus a beautiful retreat with fireplace for being cozy on chilly evenings. On the main floor there are 4 bedrooms and baths including two ensuite bedrooms, one with direct access to the back yard. The center island Chefs kitchen with all of the bells and whistles accommodates a large “farm” table for dining and multiple French doors to the outside with views of the sparkling poo. A Custom automatic wooden gate to the side of the property opens to the motor courtyard and garage. Venetian plaster, smooth plaster, authentic antique beams from a southern tobacco barn, a stunning outdoor fireplace with seating, built in BBQ island with seating, plus sparkling pool with huge spa and a putting green all combine to make this property the perfect refuge from a busy daily life. This is a one of a kind property that will not be replicated anywhere else!
Property Information
Lot Size
19,950 sqft square ft
Property Type
Residential
Year Built
2006
MLS Number
PW24051027
Location
Address
18411 Serrano Avenue
City
Villa Park
State
CA
Zip Code
92861
County
ORANGE (NORTH)
Listing
Provider
House of Seven Gables Real Estate Inc., original listing
Name
House of Seven Gables Real Estate Inc.
Phone
(714) 731-3777
Office Name
Seven Gables Real Estate
Office Phone
(714) 974-7000
Agent Name
Michelle Sanders

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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.

Free Foreclosure Listings

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.