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1042 Maxim Southard Road
Howell, NJ 07731
Francine Vida with Keller Williams Realty Ocean Living, original listing - (848) 241-6955
$1,695,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
4704 Square Feet
Property Description
Nestled on a picturesque 2-acre corner lot, this stunning, custom, single-family home offers privacy and elegance while being close to shopping, parks, and houses of worship. As you enter through the mahogany door, you'll be captivated by the soaring two-story ceiling in the grand foyer with an exquisite staircase leading to the second level, offering the perfect greeting spot for friends and family. Off the foyer, one set of French doors opens to the formal dining room, while another leads into a huge 15'x24' great room, perfect for family gatherings or dinners. An arched doorway draws you into the living room with a marble-tiled fireplace and views of the private wooded yard A generously sized kitchen features custom-milled granite countertops, gas cooking, two refrigerators, microwaves, and sinks, and a large walk-in pantry. An adjoining breakfast room boasts three windowed walls overlooking the yard. Boasting 5 bedrooms, 3.5 bathrooms, and 3 versatile bonus rooms, ideal for offices, studies, recreation, or additional bedrooms to suit your family's needs, this property is a dream home for large families, multi-generational living, or families that love to entertain. The oversized primary bedroom includes voluminous high ceilings, two walk-in closets, a sitting area, and a private balcony for unwinding, as well as a luxurious en-suite bathroom with vaulted ceilings, separate double sinks, a whirlpool tub, and a stand-up shower. The expansive 850 square foot two-car garage is heated and cooled, offering a large open area with high ceilings perfect for multiple cars, a workshop, storage, and many other uses. Off the living room, French doors open to a breath-taking wrap-around porch with pillared arches. The backyard is an entertainer's dream, a private oasis featuring an in-ground pool, gazebo, spacious patio, and a tiki bar with a white sand beach for hosting gatherings. Beyond the pool, an expansive lawn backs to a path through your own serene, wooded area. Located in a highly sought after southeastern area of Howell Township, this turnkey gem offers everything you need for luxurious living, unforgettable entertaining, and convenience. Don't miss out on the opportunity to call this stunning property your forever home!
Property Information
Lot Size
2 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
--
MLS Number
--
Location
Address
1042 Maxim Southard Road
City
Howell
State
NJ
Zip Code
07731
County
MONMOUTH (SOUTHWEST)
Listing
Provider
Keller Williams Realty Ocean Living, original listing
Name
Phone
(848) 241-6955
Office Name
Office Phone
(848) 241-6955
Agent Name
Francine Vida
Agency Phone
(848) 241-6955

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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.