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3447 Bahia Blanca W
Laguna Woods, CA 92637
$1,198,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1624
Property Description
This Navarro model home is truly a gem, offering a serene and comfortable living environment with breathtaking views of the Laguna Coast Wilderness Park. The detached property is gorgeous and includes all of the updates tody's buyers look for: dual-paned windows, neutral carpet, tile flooring, and paint, central air, and remodeled kitchen and bathrooms. The kitchen offers a breakfast nook, recessed lighting, granite countertops, stainless steel appliances, soft-close drawers and doors, pull-out shelves, and plenty of storage. The living room offers plenty of space for entertaining and access to the backyard. The formal dining room has a built-in granite-topped buffet cabinet for all of your treasures, and leads to the office/den/3rd bedroom that also has a wide view of the canyon and more built-in cabinetry and closet. Choose from two primary bedrooms, each with large mirrored closets and remodeled updated bathrooms (one with a walk-in shower where both glass doors open for ease of use). Each bedroom has a sliding door to the back patio as well. There is an attached one-car attached garage that houses the laundry and has built-in white cabinetry and epoxied flooring. The HOA includes water, trash, and over 100 free TV channels. Enjoy 27 hole full-length golf course, 9-hole par 3 golf course, 7 clubhouses, 5 swimming pools, 2 fitness centers, over 250 clubs & so much more. Free bus service within the Village and to the nearby shopping & medical centers. Your new home awaits! Call the agent for a private showing: 949-677-9757.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1974
MLS Number
OC24064846
Location
Address
3447 Bahia Blanca W
City
Laguna Woods
State
CA
Zip Code
92637
County
ORANGE (SOUTH)
Listing
Provider
Keller Williams Realty Laguna Niguel-Laguna Beach, original listing
Name
Keller Williams Realty Laguna Niguel-Laguna Beach
Phone
(949) 482-3999
Office Name
Keller Williams Realty
Office Phone
(949) 482-3999
Agent Name
Bram Klein

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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.