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181 Greystone Drive
Hendersonville, NC 28792
$220,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1716
Property Description
You do not want to miss this move-in ready and well cared for Palm Harbor Manufactured Home located in the 55+ Greystone Leased Land Lot Community. Step inside to this single level 3 bed 2 bath home that offers a light and bright interior that boasts vaulted ceilings and 1,716 heated square footage. From the front door you walk into the common room where your eyes will be immediately drawn to the grand and cozy woodburning fireplace that is surrounded by built-ins, adding both warmth and charm to this separate sitting room. To the right of that is the main living space that is open concept connecting the large kitchen with a skylight offering plenty of cabinet and counterspace updated with rolling cabinet inserts, a dining room with a built-in China cabinet that connects right into the main living room area. From there you can access your private screened-in back porch that offers a scenic view of the mountains all while overlooking the farm fields with breathtaking sunsets. The large Primary bedroom offers plenty of space for all your king size bedroom furniture needs, a walk-in closet and an en-suite bathroom that has been newly renovated with brand new tile flooring, a new tile step-in shower with bench seating and a vanity that spans the entire width of the bathroom, providing cabinets on both sides ensuring all your bathroom essentials are neatly stored. The two additional bedrooms are of ample space ensuring accommodating guestrooms and or office needs. There is an attached carport with an attached shed/workshop that comes equipped with electricity, workbench and shelving. Updates include Vinyl Plank flooring throughout all main living areas (1,100 sq ft), both bathrooms have been fully renovated, updated light fixtures and blinds. The Greystone 55+ Community is providing the more "Active" adult retiree a safe and friendly environment who wish to call Hendersonville home or their seasonal resting place. The outstanding location of Greystone is ideal for easy access to downtown Hendersonville that is rich in history, vibrant theaters, live outdoor entertainment, festivals, shops, libraries, restaurants, farm fresh produce and so much more. There is also an array of shopping venues within a few miles along with two well respected hospitals with emergency rooms. This community is warm and welcoming. A place where residents can enjoy morning walks greeting neighbors or enjoy the comfort of front porch sitting. Schedule your showing now.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1989
MLS Number
NOMLS1112
Location
Address
181 Greystone Drive
City
Hendersonville
State
NC
Zip Code
28792
County
HENDERSON (COUNTY)
Listing
Provider
Keller Williams - Hendersonville, original listing
Name
Keller Williams - Hendersonville
Phone
(828) 290-1000
Office Name
Keller Williams - Hendersonville
Office Phone
(828) 290-1000
Agent Name
Glori Keating

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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.