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74 Bentcreek Dr
Elizabethtown, KY 42701
$399,900
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
2026
Property Description
Prepare to fall in love with this 3 bedroom, 2.5 bath colonial home situated on a spacious lot in the Bent Creek neighborhood! This gorgeous home boasts a fenced in back yard, 2 car attached garage, and a partially finished basement. You will be greeted by a covered front porch that spans across the front of the home. When you enter the home you will notice it has new carpet and fresh paint as well as updated light fixtures throughout the home. The living room is open to the kitchen creating the perfect place to entertain guests. In the kitchen you will find granite countertops including a breakfast bar for additional seating. The formal dining room is just off the kitchen and is perfect for more elaborate meals or dinner parties. Just off the kitchen is a door leading to the huge back deck that overlooks the sprawling fenced in back yard. All of the bedrooms are located upstairs including the primary bedroom that boasts a tray ceiling and spacious en suite bath with a double sink vanity. There are 2 closets in this room, one of which is a walk-in closet that allows plenty of storage space for clothing and accessories. The partially finished basement provides a second living area as well as the opportunity to expand the finished living space or simply use it for storage. Make sure you get a chance to tour this home while it is still available - schedule a showing today!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2000
MLS Number
1657081
Location
Address
74 Bentcreek Dr
City
Elizabethtown
State
KY
Zip Code
42701
County
HARDIN
Listing
Provider
Premier Real Estate Services, original listing
Name
Premier Real Estate Services
Phone
(502) 384-5944
Office Name
RE/MAX Premier Properties
Office Phone
(502) 384-5944
Agent Name
Jay Pitts

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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.