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7614 Calpella Avenue
Hesperia, CA 92345
Barbara Lucas with BENCHMARK REALTORS, original listing - (760) 514-2089
$719,900
Conventional
Property
Bedroom
4
Bathroom
Full: 3
Property Type
Conventional
Square ft
3535 Square Feet
Property Description
Look at this beautiful 3,535 sq ft 4-bedroom, 3-bath, 3-car garage home in the highly desirable Hesperia Lake area.  As you enter the home you are greeted by the sweeping staircase and a formal living room that is graced by a fireplace with a very large mirror hanging over it.  This lovely home has a large formal dining room that can sit eight.  The kitchen has a lot of cabinets, granite countertops, a beautiful island with a cook top and space for prep.  There is also a large walk-in pantry to store all your goods and larger appliances.  The breakfast room has a wide and expansive view of the beautifully rock scaped back yard and pool.  The wonderfully sized family room (18’ X 23.8’) is large enough for the whole family to seat comfortably while not having to scoot around furnishings.  The fireplace has an internal blower that warms up the entire space in quick time.  The first floor is rounded out with a bedroom, full bath and a laundry room.  The second floor has a very large (16’ x 18’) game room with access to the front balcony that gives a fabulous view of the mountains right in front of the house.  There is a jack and jill full bath between the two other bedrooms (one of which has a balcony access as well).  The primary suite is very spacious (15.5’ x 20’) with a beautiful fireplace and seating area.  It also has a balcony that allows you to view the entire back yard.  The primary bath has a large jetted tub, a two-person shower and a large walk-in closet.  The back yard has a large stamped concrete courtyard patio that has a wind wall that allows you to sit out on even on the windiest days.  The yard has a wonderful oasis feel with all the plants, pool, fire pit sitting area, gazebo and rock scaping that reduces the yard maintenance.  The side of the home is large enough for your RV or Toy Hauler and is equipped with a dump station.  All in all, this is a home for the entire family to enjoy and to entertain your friends.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1991
MLS Number
--
Location
Address
7614 Calpella Avenue
City
Hesperia
State
CA
Zip Code
92345
County
SAN BERNARDINO (COUNTY NORTH)
Listing
Name
Phone
(760) 265-0359
Office Name
Office Phone
(760) 514-2089
Agent Name
Barbara Lucas
Agency Phone
(760) 514-2089

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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.