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18932 Diary Road
Montgomery Village, MD 20886
$699,000
Conventional
Property
Bedroom
4
Bathroom
Full: 2, ½: 1
Property Type
Conventional
Square ft
3267 Square Feet
Property Description
18932 DIARY ROAD is an Updated 4-bedroom & 3-bathroom Detached Home close to Lake Whetstone in a Cul-De-Sac_____UPDATES INCLUDE: Remodeled Kitchen w/Granite Countertops & Stainless Steel appliances with a wall taken out to open up to the Family Room, Roof is a 35 Year Architectural Shingle, Master Bathroom Updated, New Light Fixtures, Resurfaced Hardwood Floors throughout, Painted and More. ____ LOCATION: The house is conveniently located down the street from Lake Whetstone (in neighborhood), offering many outdoor activities, including a walking/biking path around the Lake and a Neighborhood Dock. ____ KITCHEN: The Renovated Kitchen is a standout feature with Granite Countertops, Stainless Steel appliances, an Island, Wood Floor, Open to the Family Room, and ample table space making it a great space for meals and entertaining. The Kitchen conveniently walks out to the Deck_____FAMILY ROOM: The family room is open to the kitchen and has hardwood floors as well has a wood-burning fireplace.____ LIVING ROOM: The living room is large and is well-lit with natural sunlight, creating a warm and comfortable atmosphere. This room has hardwood floors._____FLOORING: Hardwood floors across the Main Level and Upper Level. _____BASEMENT: The Finished basement walks out to the Backyard and adds valuable living space and potential for various uses. _____BACKYARD OUTDOOR SPACE: The backyard features a covered patio providing a peaceful outdoor retreat with trees and bushes strategically placed. _____NEIGHBORHOOD AMENITIES: The property is within walking distance of various neighborhood amenities, including Lake Whetstone with a neighborhood dock, Whetstone Pool with a summer swim team, tennis courts, a basketball court, a playground, and a recreation center. _____6 POOL ACCESS: Along with the neighborhood pool in Whetstone, Montgomery Village residents have access to all 6 pools in MV, including a heated pool at Stedwick, which opens earlier in the season and closes later.______NEARBY: The proximity of the shopping center adds even more convenience and practicality to the location. Having supermarkets, a variety of restaurants, and other essential and convenient shops nearby provides residents with easy access to everyday necessities. There are 2 areas of Pickleball Courts nearby in MV. Also, Rte 270 and 355 are just minutes away! This home offers a wonderful combination of size, comfort, convenience, and community amenities. SUMMARY: This is a well-maintained and feature-rich property in a desirable neighborhood._____MUST SEE, contact me for a private tour!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1969
MLS Number
--
Location
Address
18932 DIARY ROAD
City
MONTGOMERY VILLAGE
State
MD
Zip Code
20886
County
MONTGOMERY (CENTRAL)
Listing
Name
Phone
(866) 987-3937
Office Name
Office Phone
(866) 987-3937
Agent Name
Adam Jacobson
Agency Phone
(866) 987-3937

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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.