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8161 Soft Winds Drive
Corona, CA 92883
Robert Barksdale with Realty One Group West, original listing - (951) 547-8400
$1,424,999
Conventional
Property
Bedroom
3
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
3142 Square Feet
Property Description
Welcome to "The Retreat." This beauty is the most popular expansive single-story plan in South Corona's highly desirable and only man-gated community. Take in the beautiful landscaping as you approach a wrought iron gate leading to a large, private, open courtyard. Open the front door and experience the comprehensive open floor plan. Windows cover the back of the home, letting in natural light and extensive views from the entry, great room, kitchen, nook, and primary bedroom. When you enter the great room, you will see a bar area with two wine coolers and cabinets. The home has newer floors, paint, lighting fixtures, and Kitchenaid appliances—the fabulous floorplan with large open spaces, high ceilings, and a central fireplace. The kitchen is set for entertainment. The vast center island has custom granite countertops. The rest of the kitchen has custom lighting, a new double large oven, a butler's area, a walk-in pantry, and more! This home boasts a large formal dining for entertaining, bar seating, and a nook. There are two large secondary bedrooms, and one has a large walk-in closet. The primary suite is on the opposite side of the home and features a large bedroom with a gas fireplace and an elegant primary bathroom with a soaking jetted tub, dual vanities, and a large custom walk-in closet. The view outside is spectacular, with sparkling city lights and views of the Cleveland National Forest. The second you walk into the home and explore room to room, the views of the mountains and Cleveland National Forest will create the need for you never to want to leave this home. Call it your own. Situated on almost one-quarter of an acre lot, and did we mention the gorgeous views of the mountains and city lights? You Don't Want To Miss This One!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2005
MLS Number
--
Location
Address
8161 Soft Winds Drive
City
Corona
State
CA
Zip Code
92883
County
RIVERSIDE (CORONA)
Listing
Name
Phone
(949) 627-1550
Office Name
Office Phone
(951) 547-8400
Agent Name
Robert Barksdale
Agency Phone
(951) 547-8400

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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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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.