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5 La Cascata Tnhs
Clementon, NJ 08021
$215,000
Conventional
Property
Bedroom
2
Bathroom
Full: 1, ½: 1
Property Type
Conventional
Square ft
1016 Square Feet
Property Description
Welcome to this beautiful, updated, move in ready, home located at 5 La Cascata. From the moment you arrive, you will notice a new concrete front walk and professionally landscaped front yard. The interior of this unit boasts luxury waterproof plank flooring throughout. Upon entry in the foyer hall you will notice a beautiful stair case newly renovated with newer stair treads and risers to compliment the home’s interior design. Off the foyer hall is an updated first floor powder room. The updated kitchen has white shaker cabinets, granite countertops and a white subway tile backsplash. Bright, large new casement windows over the kitchen sink allows lots of natural light. The kitchen boasts Stainless Steel Kitchen Appliances. There is a large closet under the steps and a separate laundry closet with a newer stackable washer/dryer which is included. The living room is stylish and impressive with a full-wall brick fireplace with gas log and an open area for dining space. You will see pond views with fountains (in summer) from the living and dining areas through sliding glass doors. Step outside the sliding glass doors to your custom paver patio with propane fire pit. There is newer privacy fencing (2022) on either side of the property with a 3’ vinyl picket fence along the pond wall for unobstructed views of the lake and fountains. Upstairs is a large primary bedroom with two large closets and views of the lake and fountains through a sliding glass door. The second bedroom has newer vinyl tilt-in windows and a very large closet. Full upstairs bathroom with built-in vanity and Travertine tile tub enclosure. Hall linen closet. There is attic storage with pull-down steps access in the hall. Attic fan and ridge vent. Newer CENTRAL air conditioner (2022). GAS heat. UPDATED Electric. The home has all neutral décor. All window treatments included. Seller will provide a 1 year home warranty. Low property taxes - 2024 $2,279! Low HOA fee - $100 per month which includes front yard lawn mowing/lawn care and, snow removal! No investors permitted. Owner Occupants ONLY (per the HOA)! The home also has close access to Rt 42, making for easy access to the city and shore points. You are also minutes away from grocery stores, as well as outlet shopping. View this Wonderful Home - Before it's too Late!!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Townhouse
Year Built
1975
MLS Number
--
Location
Address
5 LA CASCATA TNHS
City
CLEMENTON
State
NJ
Zip Code
08021
County
CAMDEN (CENTRAL)
Listing
Name
Phone
(856) 218-3400
Office Name
Office Phone
(856) 582-1200
Agent Name
Tom Duffy
Agency Phone
(856) 582-1200

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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.