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2625 Sunset Boulevard
Broomall, PA 19008
Lisa Mulqueen with RE/MAX Main Line-West Chester, original listing - (610) 640-9300
$549,900
Conventional
Property
Bedroom
4
Bathroom
Full: 3
Property Type
Conventional
Square ft
2200 Square Feet
Property Description
Welcome to 2625 ½ Sunset Blvd., Broomall in a lovely, quiet neighborhood located in the desirable Marple Newtown School District. This home has been well cared for and is waiting for the next homeowner to add updates and their personal touch. As you enter the home and proceed upstairs to the main level, you’ll find the spacious living room and dining room with plenty of natural sunlight. The eat-in kitchen is located next to the dining room, and a deck provides additional entertaining space accessed by the slider in the dining room. Down the hall are three of the four bedrooms and the hall bath. The access to the attic with pull-down stairs is also located in the hall. The hall bath has a vanity with a single sink and tiled tub & shower combination. The large primary bedroom has its own bath with single vanity, sink and stall shower. All the bedrooms on this level, the hall, stairs, dining room, and living room have hardwood floors under the current carpet. Downstairs on the lower level is the open and inviting family room with a brick fireplace. The fourth bedroom is on this level as well and has a large closet and windows. This room would also work well as a home office. The third full bath with shower, the laundry room with access to the garage, and the attached one-car garage complete this level. Out back is the beautiful, flat yard. The house sits back from the street, which affords additional privacy. This home is conveniently located near major roadways and regional rails, restaurants, schools, and shopping. Make your appointment to view this lovely home!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1971
MLS Number
--
Location
Address
2625 SUNSET BOULEVARD
City
BROOMALL
State
PA
Zip Code
19008
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
(610) 640-9300
Office Name
Office Phone
(610) 640-9300
Agent Name
Lisa Mulqueen
Agency Phone
(610) 640-9300

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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.