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43355 Sierra Drive
Three Rivers, CA 93271
Diana Jules with Sierra Real Estate, original listing - (559) 561-1900
$760,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2, ¾: 1
Property Type
Conventional
Square ft
3200 Square Feet
Property Description
Welcome to this stunning 4-bedroom, 4-bathroom home, situated on two serene country acres. As you drive up the driveway, you'll often be greeted by deer grazing in the open fields. The front yard, designed like a French garden, adds a tranquil touch to the property's charm. Inside, the open main floor is both stylish and functional. The gourmet kitchen features custom cabinetry, abundant storage, and a bar counter perfect for casual meals or entertaining. It seamlessly flows into the spacious living and dining areas, highlighted by a wall of windows that capture breathtaking mountain views. Off the living area is a magnificent deck where you can relax and enjoy the scenery. A flexible space, ideal for an office or gym, connects the living room to a second large living area. The main living room boasts a cozy wood-burning fireplace, while the other features a propane fireplace for added warmth. On this main level, a private bedroom with its own deck offers a peaceful retreat. A powder room completes the main floor. Upstairs, the master suite is a true sanctuary, complete with a large deck to enjoy the views. It also features a spacious walk-in closet, luxurious bathroom, and a convenient laundry area. A second en-suite bedroom offers privacy and comfort for guests. The downstairs third floor presents a private suite, complete with a bedroom, full kitchen, living space, and bathroom. With a separate entrance, this level is perfect for extended family or guests, or even as a rental unit. It opens to a private spa and large yard area for outdoor relaxation. Additional features include a spacious workshop, oversized garage with laundry facilities, and a charming fenced vegetable garden area. This home offers breathtaking views, exquisite design, and versatile spaces, making it a truly unique place to call home.
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1986
MLS Number
--
Location
Address
43355 Sierra Drive
City
Three Rivers
State
CA
Zip Code
93271
County
TULARE
Listing
Name
Phone
(559) 799-8201
Office Name
Office Phone
(559) 561-1900
Agent Name
Diana Jules
Agency Phone
(559) 561-1900

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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.