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12 Willow Avenue
North Hampton, NH 03862
$3,650,000
Conventional
Property
Bedroom
7
Bathroom
6
Property Type
Conventional
Square ft
6456
Property Description
Introducing “Sans Souci” c.1895, an extraordinary Queen Anne Colonial in Little Boars Head Village District. Listed in the National Register of Historic Places, this seaside enclave is home to some of the finest 19th and early 20th century Seacoast residences. From the moment you approach the property, you’ll be captivated by its distinctive setting and Victorian-era architecture with bowed windows, gabled roofs and elaborate ironwork. Its elegant interior is equally stunning. Imagine hosting holiday gatherings here! Greet guests in a foyer warmed by the glow of its marble fireplace, serve cocktails from the custom wet bar in a drawing room with beautiful milled wood paneling and oversized windows with ocean views. Enjoy formal meals in a well-appointed dining room with a built-in seat along its wall-to-wall bow window offering views of the outdoor gardens. The kitchen excels in both form and function, with marble countertops in three work areas, abundant cabinetry and a butler’s pantry. Walnut railings line the staircase to the second floor landing, where you’ll find the primary bedroom and bath with vaulted ceilings and Atlantic Ocean views. This level also has one en-suite bedroom, three additional bedrooms with a shared bath, and laundry. The 3rd floor offers another en-suite bedroom, and potential for an in-law or au pair suite. Outside, granite posts and roses encircle a beautifully-landscaped yard adjacent to the iconic Fuller Gardens. Live life in Little Boars Head.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1895
MLS Number
4983493
Location
Address
12 Willow Avenue
City
North Hampton
State
NH
Zip Code
03862
County
ROCKINGHAM
Listing
Provider
Jalbert Realty Inc., original listing
Name
Jalbert Realty Inc.
Phone
(603) 964-8028
Office Name
Tate & Foss Sotheby's International Rlty
Office Phone
(603) 964-8028
Agent Name
Tony Jalbert

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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.

Free Foreclosure Listings

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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.