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495 Fawn Haven Walk
Dover, DE 19901
Chas Robino with Keller Williams Real Estate - Newark, original listing - (302) 738-2300
$719,900
Conventional
Property
Bedroom
4
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
3902 Square Feet
Property Description
Welcome to the desirable neighborhood of Townsend Fields in Dover, DE, where 495 Fawn Haven Walk undoubtedly stands out against the rest. The Delaware II model, built in 2022, by K Hovnanian is equipped with a concrete driveway, leading to a spacious 2 car garage and leaves no 'stone' unturned with its beautiful front elevation featuring both stone and complimentary siding in the trendy theme of grey and white. Step foot through the front door and to your left is the formal dining room, to the right the living room currently set up as a library. The half bath sits between the library room and the office. The office boasts a beautiful view of backyard through a large window as it sits at the rear of the home. Take a break from the day's work and you're greeted by the elevated ceilings of the family room, custom light fixtures and extensive view of the open concept floor plan all the way to the modern kitchen. Floor to ceiling stone mantle with plug and play electric to hang your TV above the fireplace. The kitchen boasts an island with barstool seating, stainless steal appliances, corner pantry, and views of the backyard. Upstairs we go and peak over the view of the cat walk hallway down into the large family room. At the top of the stairs, bedroom 2 backs up to the large primary bedroom, with walk in closet and ensuite bathroom. Down the other end of the hallway you'll pass the hall bathroom to bedrooms 3&4, divided by the laundry room. The recently finished basement is beautifully appointed, with wonderful spaces for entertaining guests. Add a large paver patio w/ fire pit off of the rear of the property from the kitchen sliding glass doors. The backyard is the perfect place to fence in for kids and pets and to enjoy the view of the tree lined pond that routes the rear of the neighborhood. Close to shopping, restaurants, Coastal Hwy Route 1 (30 minutes to the Delaware beaches!) and located in the nationally recognized Caesar Rodney School District! Book your showings now before this one is SOLD!!!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2022
MLS Number
--
Location
Address
495 FAWN HAVEN WALK
City
DOVER
State
DE
Zip Code
19901
County
KENT (NORTH)
Listing
Name
Phone
(302) 738-2300
Office Name
Office Phone
(302) 738-2300
Agent Name
Chas Robino
Agency Phone
(302) 738-2300

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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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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.