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940 Armata Drive
Corona, CA 92881
$1,800,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
3930
Property Description
Come see this AMBERHILL SINGLE STORY ESTATE HOME ON 3/4 ACRE LOT perfect for entertaining! Step through the double doors of the gated front patio and into a spacious formal area with tall ceilings. The den/gym is conveniently located at the front, providing plenty of natural light through its many windows for those days when you're working from home. The upgraded kitchen features an island and a raised countertop bar area that opens up to the family room with a fireplace. There's plenty of space here to watch TV and enjoy some ping pong or pool. On the other side of the house, you'll find four bedrooms, two of which share a Jack & Jill bathroom. At the end of the hall awaits the Primary Suite, complete with a fireplace, a large bathroom featuring a custom tile shower, a spacious corner tub, and a walk-in closet. The primary bedroom also offers access to the resort-style backyard through a sliding door. The backyard is an entertainer's paradise! Take a dip in the pool or relax in the spa, complete with a built-in slide and a bar area with stools immersed in the water. Behind the pool, there's space set up for volleyball, adding even more fun to your gatherings. But wait, there's more! A BBQ Cabana/Outdoor kitchen area with a fridge and bar tops provides the perfect spot to hang out. After a long day of entertaining, unwind by the outdoor fireplace and gaze at the stars. And don't forget about the RV parking space with hookups on the side of the house. With all these features, there's still room to add an ADU if desired. Top it off with 41 panels of PAID OFF SOLAR. Come and see this home – your family and friends will absolutely love it! Don't forget to check out the interactive 3D 360 virtual tour.
Property Information
Lot Size
33,106 sqft square ft
Property Type
Residential
Year Built
2000
MLS Number
IG24076505
Location
Address
940 Armata Drive
City
Corona
State
CA
Zip Code
92881
County
RIVERSIDE (CORONA)
Listing
Provider
Top Producers Realty & REO, original listing
Name
Top Producers Realty & REO
Phone
(951) 737-2121
Office Name
Top Producers Realty, Ryjen Group
Office Phone
(951) 737-2121
Agent Name
James Powell

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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.