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19220 Ne Vista Hill Dr
Hillsboro, OR 97123
$925,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
3599
Property Description
Current price is well below current appraisal! Feel the world slide away as you wind through the woods to your spacious oasis. Curl up on the couch in front of the pellet stove & enjoy the view through the many windows, then prepare your favorite meal in the gourmet kitchen with brand new, high-end appliances. Finish the day with a soak in the jetted tub. Don't worry about your feet getting cold on the imported Italian marble floors. There's a programable thermostat so the floor is always the temperature you enjoy. The large primary suite has room to create the retreat you desire with a comfy window seat for reading on a rainy day. If you work from home, the attached den is ideal, as long as you can ignore the view and actually get your work done. If the view is too distracting, call your friends and have a BBQ on the expansive deck that wraps around the home on multiple levels with views of 5 mountains, vineyards and miles of valley. The private deck off the primary suite is even wired for a hot tub. If your friends want to stay over, you can house them in the gigantic multipurpose room which can be accessed from inside the house or through an exterior door. This room has space for a guest room, TV & couches, pool table, along with built-in bookcases, cupboards and counters for crafting, homeschool space or office. It even has a small, hidden room behind the bookcase. Want an additional hidden room or more storage? You could possibly create it in the full height, heated crawl space with already existing full sized door for access. If the outdoors is your thing, the yard, greenhouse, shop & fenced area, complete with fruit trees $ chicken coop could be a dream come true (help keep the property taxes low like). Don't worry about watering your outdoor creation. 4 of the 5 acres are set up with sprinklers. This property has it all & is waiting for you to make it yours. Ask about the amenities list.
Property Information
Lot Size
5 acre(s) square ft
Property Type
Residential
Year Built
1986
MLS Number
24659755
Location
Address
19220 NE VISTA HILL DR
City
Hillsboro
State
OR
Zip Code
97123
County
WASHINGTON (EAST)
Listing
Provider
Premiere Property Group, LLC, original listing
Name
Premiere Property Group, LLC
Phone
(503) 670-9000
Office Name
Premiere Property Group, LLC
Office Phone
(503) 670-9000
Agent Name
Deanna Lyda

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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.