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9045 Hayes Drive
Gainesville, GA 30506
$2,399,000
Conventional
Property
Bedroom
6
Bathroom
7
Property Type
Conventional
Square ft
6816
Property Description
WHAT'S NEW AT 9045 HAYES DRIVE! ...Recently installed on the water's edge is a new Aluminum 32x32 double slip dock with a top party deck, a new set of stairs, rip rap, electricity and water. ...Newly expanded driveway and parking extension for turn around and parking ease including a tiered stone wall. ...A stone walkway leads to the terrace level and the deep water cove. ...Guardian Garage Flooring applied to extra-large 3 car garage and covered backyard patio. ...Algae resistant roof installed in 2024. ...Backyard overlooking the lake is prepared for an in-ground pool. ...2 new AC units. ...2022 New Water Heater. LET'S TAKE A LOOK AT THE INTERIOR: ...Main, upper and terrace levels adorn freshly painted walls, ceilings, doors and trim. ...Pet-resistant stunning carpet in the upstairs bedrooms. ...All on-site finished hardwoods sanded and refinished to a new and updated stain color. ...All cabinetry throughout the home has been painted with current colors. ...Kitchen showcases a new backsplash and a hidden huge walk-in pantry with space for a full-size refrigerator. ...Overlooking the lake enjoy the covered deck and screen porch expanding over the length of the home. ...Coffered ceiling is light and bright in the Great Room with built-in cabinetry flanking a stone fireplace. ...A flex room is found upstairs separating the primary bedroom from the guest bedrooms. ...Two Dream closets extend forever in the Primary Suite with an installed custom closet Shelving and Drawers. ...All 5 bedrooms join a private bath, including terrace Office/Bedroom. ...A Drop Station just off the Garage has a built-in office desk, built-in cabinetry and a storage/coat closet. SEEKING OUT THE NEWLY FINISHED TERRACE LEVEL: ...An Office or Bedroom with a full private bath and storage closet, an elegant powder room, a great room with an electric fireplace, stained columns and beam. ...Gorgeous full kitchen with Island, SS appliances, 6 burner stove, 2 beverage coolers. ...An Extreme Home Theatre that includes a Sony laser projector, 180” screen, 13 speakers, surround sound and theater lighting ready for your desired seating arrangement. ...Washer, dryer and refrigerator hook up. ...500 SqFt of unfinished area for storage
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2008
MLS Number
7370779
Location
Address
9045 Hayes Drive
City
Gainesville
State
GA
Zip Code
30506
County
HALL
Listing
Provider
HomeSmart, original listing
Name
HomeSmart
Phone
(404) 876-4901
Office Name
HomeSmart
Office Phone
(404) 876-4901
Agent Name
Carolyn B Mixon

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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.