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1103 Kingfisher Court
Joliet, IL 60431
$494,990
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
3705
Property Description
You Can't Afford To Miss This House Because It Has Everything! The Owner Never Stopped Updating And Upgrading This Home From The Time Of Purchase. You Start By Entering The Living And Formal Dining Areas With The Upgraded Hardwood Floors. In Fact, There Are New Floors Throughout! An Oversized Entry Closet With A Light And Charging Stations For Vacuums (Both Upgrades). The Half Bath Has Been Completely Redone And Is Beautiful And Remarkably Spacious For A Half Bath. The Kitchen Has So Many Features Including Meganite Counters, An Island, A Desk Area, Pull-Out Drawers, A Pantry Closet With Additional Shelving And Lighting. High-End Appliances (Want To Know What's In Your Fridge When You Are At The Store? Just Use The App And Your Fridge Will Show You Because It Is Connected To The Internet Along With Your Sink And Oven!) Love To Bake? There's Even A Cabinet To The Left Of The Sink That Is Designed For Your Mixer To Go In And Out Softly And Easily So No More Having To Let That Beast Sit On The Counter All The Time. There's Another Eating Area Here With Space For A Very Large Table. The Family Room Has A Fireplace That Is Gas And Wood Burning. Upstairs There Are Four Nice-Sized Bedrooms And A Loft Area. Three Of The Bedrooms Have Walk-In Closets. The Loft Area Is Hardwired With A 24-Port Switch Box For Your Gaming Needs But It Is Spacious Enough To Have Room For A Day-Bed Or Additional Study Area. The Full Guest Bathroom Has Been Redone As Well As The Primary Bathroom. Both Bathrooms Feature New Tile, Elongated Toilets With Double-Flush, Humidity-Controlled Exhaust Fans And Bluetooth Lighting So You Can Play Your Music While You Are Getting Ready For The Day. The Primary Suite Is Huge. It Has A Vaulted Ceiling, Plant Shelf, Walk-In Closet And A Private Bathroom. The Bathroom Has The Upgrades Similar To The Guest Bath But Also Has Dual Sinks And A Separate Shower. Do You Have Family Or Friends That Want To Be Independent But Need To Live With You? Then This Is Ideal! The Full Walkout Basement Is Finished And It Is Set Up For A Fully Independent Living Arrangement. There Is Another Family Room, A Full Bathroom Which Has Also Been Remodeled, A Bedroom, A Laundry And A Bar Area That Includes A Full Second Kitchen! The Owner Has Gone So Far As To Add A Doorbell To The Patio Door Leading Outside So That The Person (Or People) Living In The Basement Can Come And Go And Even Have Guests Or Deliveries That Never Have To Go Through The Main Part Of The House. But Wait, There's Still More! There Is A Massive 40x16 Trex Deck With Solar Lighting And A Patio Underneath That Spans The Same Area. All Of This In A 1/3-Acre Yard With Privacy Fence. Fully Maintenance Free Exterior Including Porch, Deck And Fence. There Is Also A 3-Car Attached Garage With 10-Foot High Ceilings. Front Porch. New Roof 2020. The House Also Includes A Solar System With A Generac Battery. This System Not Only Generates Electricity, But It Can Generate Money For You As Well. Battery Back-Up Sump Pump System Which Notifies You If It Kicks On. On Top Of All Of These Things, There Are Numerous Small Items Throughout The Home That Have Been Added. Check The Added Documents For A List Highlighting Many Of Them. One Final Bonus Is The Owner Wants You To Enjoy Your New House With Peace Of Mind And Is Including A 1-Year Home Warranty! Don't Hesitate To Check Out This Wonderful Home!!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2007
MLS Number
12037760
Location
Address
1103 Kingfisher Court
City
Joliet
State
IL
Zip Code
60431
County
WILL (SOUTH)
Listing
Provider
Tiered Real Estate, original listing
Name
Tiered Real Estate
Phone
(815) 521-9102
Office Name
Tiered Real Estate
Office Phone
(815) 521-9102
Agent Name
Ryan Van Der Karr

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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.