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150 Metcalf Ave
Primghar, IA 51245
$462,500
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
4932
Property Description
If living on the golf course sounds ideal to you, you dont want to miss this opportunity!! The actual course is right in your backyard!! This is a spacious, beautiful, and quality built home with high end custom finishes. This home has four large bedrooms and three and one half baths. The sprawling master suite located on the main floor and has a lot of character with the tray ceiling and accent lighting and a cozy fireplace to take the chill out of the air on those cool fall and winter nights. The adjoining walk in closet is huge and offers plenty of space to fulfill your needs. The master bath has the benefit of double vanities, a seperate shower and a whirlpool walk~in tub, so no one will have to wait to get ready in the morning. The remaining three bedrooms are also spacious with one having an additional walk~in closet. The home has an open floor plan. It features custom Cambria quartz countertops in the kitchen with quarter sawn oak, Crystal brand cabinetry in the kitchen and baths. In many parts of the home there is hardwood flooring with custom marbel inlay. The kitchen and laundry appliances have been replaced in recent years. The four season room, dining room, kitchen, master bedroom and living room all have views across the lush golf course. There is plenty of room for the homebuyer to host parties for visitors. The rec room in the lower level has a large custom bar area with marbel bar tops and flooring. There are many garden view windows offering great views and the beautiful pool table will offer the finishing touch on the bar area as a place to entertain friends. There also are seperate shared living areas on each level of the home to give everyone the space they need. The rear deck has additional amenities to include an infared heater to keep you comfortable during those slightly inclement times of the year. Don’t forget about the attached triple stall, heated garage...
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2004
MLS Number
820884
Location
Address
150 Metcalf Ave
City
Primghar
State
IA
Zip Code
51245
County
O`BRIEN
Listing
Provider
Northwest Realty, original listing
Name
Northwest Realty
Phone
(712) 737-3386
Office Name
Northwest Realty
Office Phone
(712) 441-2229
Agent Name
Dean Fjeld

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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.