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25045 Sea Vista Court
Rodanthe, NC 27968
John Lettieri with Sun Realty - Avon, original listing - (252) 995-5821
$670,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3
Property Type
Conventional
Square ft
2274 Square Feet
Property Description
This is a great opportunity to own a beautiful beach property. Incredible lake front home in a great community. With ocean views, this spacious home comes with a list of wonderful amenities. An expansive great room with a fireplace and vaulted ceilings, There is Satellite radio, and even a short wave radio. Lots of natural light. Large decks with amazing views. A wonderful screen porch to dine ,play games, or just relax. Large bedrooms, some offering blackout curtains. A nice sitting/reading area. Even a cargo lift to help bring up your luggage and groceries. Upgraded electrical components as follows, A very important whole house surge protection system to protect all electronics! ARC fault circuit breakers installed in circuit breakers. Most light units have energy saving LED bulbs. Energy savings Eccobee thermostat thru electric company. A lighted owners closet and shed. There is a child gate to the stairs. Easy access to the lake for safe kayaking ,stand up paddleboarding, fishing or just enjoy the large backyard with its unique private picnic area with inside lighting. Rinse off in the outdoor shower. Clean your catch at the fish cleaning station. Cook out on the gas grill or charcoal grill, your choice!! Set up your corn hole game on the large yard area. Relax in the onsite private hot tub. There is also community tennis courts and a community swimming pool. Walk to the beach for fun in the sun. There is so much this property has to offer. Close to shopping, Pubs and restaurants. A wonderful safe paved walking/bike riding path through the villages. The list goes on for this great property! Come see for yourself at all the potential this investment has!!
Property Information
Lot Size
20,000 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
--
MLS Number
--
Location
Address
25045 Sea Vista Court
City
Rodanthe
State
NC
Zip Code
27968
County
DARE
Listing
Name
Phone
(252) 996-0595
Office Name
Office Phone
(252) 995-5821
Agent Name
John Lettieri
Agency Phone
(252) 995-5821

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Howard Hanna Outer Banks Realty
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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.