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4100 Maine Avenue
Baltimore, MD 21207
Sean Hutchens with VYBE Realty, original listing - (888) 860-7369
$639,900
Conventional
Property
Bedroom
8
Bathroom
Full: 5
Property Type
Conventional
Square ft
4915 Square Feet
Property Description
Imagine owning this 8BR/5BA Colonial located on a corner lot in the desirable neighborhood of Foresthill. This home has been completely Rehabbed from ceiling to floor on the inside, and beautifully landscaped and updated outside. Walk up to the oversized wrap around porch with an inviting red door, and step inside your new home. An amazing transformation took place throughout the entire home beginning with the open concept main floor boasting beautiful hardwood floors, tons of natural light, coffered ceilings, luxury lighting fixtures, high ceilings and accent walls in the large living room and dining room. The kitchen is gorgeous featuring plenty of cabinets, sleek Granite countertops with a complementing subway tiled backsplash, stainless steel appliances including a stainless range hood, a stainless sink under a window, a large walk-in pantry behind a barn door, and a massive island with pendant lighting and breakfast seating for four or more. The main floor features a spacious guest Suite with a large walk-in closet and guest bath with a walk-in shower. Take the grand staircase to the second floor featuring a primary sized bedroom with walk-in closet and private bath, and a grand primary suite that encompasses the remainder of the second floor offering an oversized bedroom, not one but two large walk-in closets, and a grand ensuite featuring his/her vanities, a deep soaking tub and a large walk-in shower. Large laundry on bedroom level. On the third floor are four similar sized bedrooms all with either a large or walk-in closet, and a shared full bath. On the lower level is additional living space for the entire family to enjoy including the eighth bedroom, a full bath with a walk-in shower, a large recreation room, tons of storage space, above grade windows, and a walk-out to the newly fenced yard. Access the wrap-around porch from the main floor though the dining room, and from the kitchen step out to a covered cozy deck that leads to the tons of green space in the spacious yard offering a free standing deck, and not one but two-two car garages. This home has been transformed to make your transition into your new home a dream come true and boasts tons of luxury upgrades.all this with a 1 year builders warranty!!!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1920
MLS Number
--
Location
Address
4100 MAINE AVENUE
City
BALTIMORE
State
MD
Zip Code
21207
County
BALTIMORE (SOUTHWEST)
Listing
Name
Phone
(888) 860-7369
Office Name
Office Phone
(888) 860-7369
Agent Name
Sean Hutchens
Agency Phone
(410) 220-4648

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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.