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2635 Camp Branch
Buford, GA 30519
Anica Pernes with Virtual Properties Realty.com, original listing - (770) 495-5050
$2,790,000
Conventional
Property
Bedroom
6
Bathroom
Full: 6, ½: 1
Property Type
Conventional
Square ft
--
Property Description
In the illustrious Camp Branch neighborhood, there lies a magnificent masterpiece just under 9,300 sq. ft. A true embodiment of luxury offering you the opportunity to build two more homes on the included adjacent 1.5 acre lots!! If that doesn't entice you then maybe a 10 car garage? Tennis court? Pool? This extraordinary estate home is situated on 3.67 acres and offers endless possibilities! Upon entering through the secure gated entryway into the beautifully paved courtyard, you're greeted by rows of emerald green trees adorning your privacy fence. This home offers a fully fenced lot with meticulous landscaping, irrigation system, multi zoned security system with cameras, a grilling area, a generator and exceptional curb appeal. The heart of the home ventures into a brightly lit family room with large European windows, leading into the gourmet kitchen where culinary fantasies come alive amidst state-of-the-art appliances and elegant finishes. This gourmet kitchen is a visual delight with glossy white frameless european cabinets, quartz countertops and custom cut backsplash. The home's expansive glazing maximizes wall space for showcasing art collections. Floating staircase and glass landing area overlooks the living area. The owner's private retreat on the main level with a spa-like bathroom features spacious dual vanity, huge soaking tub, long frameless shower and designer marble. Laundry room on both the Main AND Upper lever. Each additional room is thoughtfully designed and generously sized, each with its own bathroom. Fully Finished Basement. Game Room. Second Kitchen. Fitness Center. Networking Room. Two additional bedrooms and a very luxurious sauna. Covered rear porch and huge patio. This Camp Branch estate is not just a house, it's a narrative of elegance and luxury, a story waiting to be lived. Here, in Buford's most coveted neighborhoods, your life of luxury awaits.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2018
MLS Number
--
Location
Address
2635 Camp Branch
City
Buford
State
GA
Zip Code
30519
County
GWINNETT (NORTHWEST)
Listing
Name
Phone
(770) 495-5050
Office Name
Office Phone
(770) 495-5050
Agent Name
Anica Pernes
Agency Phone
(770) 495-5050

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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.