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8307 Overmont Rd
Parkville, MD 21234
Sam Bruck with Northrop - Quarry Lake, original listing - (888) 536-0216
$450,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Welcome to this stunningly renovated 5-bedroom, 3.5-bath home in the sought-after Overmont Park neighborhood of Parkville. Step inside to be greeted by a fresh, neutral color palette that sets a welcoming tone for the entire home. The sunlit living room, adorned with crown molding, a decorative fireplace, rich hardwood floors, and recessed lighting, flows seamlessly into the dining area-perfect for hosting festive gatherings. The dining space opens into a beautifully designed gourmet eat-in kitchen featuring brand-new stainless steel appliances, crisp white cabinetry, a timeless subway tile backsplash, and gleaming quartz countertops. Adjacent to the kitchen is a versatile space, ideal as a breakfast nook or home office, with access to a screened porch overlooking the spacious fenced rear lawn. A stylish powder room completes the main level. Upstairs, retreat to the primary bedroom, complete with double closets and a private en suite bath showcasing elegant tilework and matte black finishes. Three additional bedrooms complete the serene upper-level living quarters. The fully finished lower level offers a casual and inviting recreation room, perfect for cheering on your favorite team or relaxing in comfort with plush new carpeting. This level also features a fifth bedroom, a full bath, and a utility room for added convenience. Outside, the fenced rear lawn includes a shed, offering storage space and a private retreat. Located just moments from premier shopping destinations like Towson Town Center and The Avenue at White Marsh, this home also provides easy access to outdoor recreation at Gunpowder Falls State Park and Double Rock Park. Major commuter routes including I-95, I-695, and MD Route 147 ensure effortless connectivity. Note: Solar panels are currently not being used and sold as-is. It is the responsibility of the buyer to turn them on.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1970
MLS Number
--
Location
Address
8307 OVERMONT RD
City
PARKVILLE
State
MD
Zip Code
21234
County
BALTIMORE (NORTHEAST)
Listing
Name
Phone
(888) 536-0216
Office Name
Office Phone
(888) 536-0216
Agent Name
Sam Bruck
Agency Phone
(888) 536-0216

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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.