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826 William Drive
Brielle, NJ 08730
$1,450,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
3000
Property Description
The one you've been waiting for! This Brielle beauty is located close to everything, schools, beach, shopping and affords folks the bike riding lifestyle everyone wants! This home features a tasteful renovation designed by Chris Rice Architecture and no detail has been overlooked. From the curb appeal to the landscaped backyard with patio, firepit, pool, deck and bar seating with sliding window into the updated kitchen, this is truly a turn key home. Plenty of storage with the two-car garage and attic space above, full basement and upstairs attic, there is ample room for everything. Enter through the garage and into the oversized mud room so the detritus of the day stays out of sight, yet organized. The eat-in kitchen features a large center island, cabinets galore, farm sink bar seating at the counter, dual dishwashers, beverage fridge, and wood-style tile floors. The open floor plan flows seamlessly from the kitchen into the living room and nearby dining room. The family room is just past the dining room and offers the comfort of a wood-burning fireplace and wood floors underfoot. Upstairs, four bedrooms and an office (or 5th bedroom - just flip hallway linen closet entrance) await. Second floor laundry room for the convenience of proximity to the bedrooms. The primary bedroom offers a large walk-in closet and a very special en-suite bath with a cedar sauna to relax in after a tough day! Down the hall are three spacious and well appointed bedrooms along with another full bath (with tub). This is a rare offering in the best part of Brielle and won't last long!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1977
MLS Number
22414220
Location
Address
826 William Drive
City
Brielle
State
NJ
Zip Code
08730
County
MONMOUTH (SOUTHEAST)
Listing
Provider
Corcoran Baer & McIntosh, original listing
Name
Corcoran Baer & McIntosh
Phone
(732) 974-2300
Office Name
Corcoran Baer & McIntosh
Office Phone
(732) 974-2300
Agent Name
Christine Haley

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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.