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6 N Lexington Ave
Havertown, PA 19083
Madeline M OFria with Havertown, original listing - (888) 536-0216
$859,900
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Welcome home to this fantastic stone colonial in the North Aronimink section of Havertown! This house has it all: spacious rooms, (over 3000 square feet of space!), plenty of bedrooms and baths, newer roof and windows, updated kitchen and bathrooms, beautiful hardwood floors, private driveway with plenty of off-street parking, central air, gas heat, and a bonus -- a separate office attached to the house with its own private entrance! Enter into this center hall colonial from the front porch into the large foyer, to your left is the living room with fireplace, and to your right is a formal dining room. Both of these rooms feature bay windows which allow plenty of natural light. Continue down the hall to the updated kitchen with stqinless steel appliances, tile floor, new countertops, and plenty of cabinet space! Beyond the kitchen is a newer powder room, a 1st FLOOR laundry room, and a family room with built-ins and bay window complete this floor. The second floor features a large primary bedroom with a newer bathroom, 3 more large bedrooms off of the hallway and a newer hall bath! The basement is finished and is currently being used as a bedroom, it features a full bathroom, a laundry room, and a complete newer kitchen! This could be the perfect in-law suite as it has its own walk out entrance/exit. An office is attached to the house that is current being used by the owner. You can continue to use this office as long as you live in the home, it's perfect for another dentist, or a lawyer, insurance broker, or accountant. Other features include: a sprinkler system, a walk-up attic for storage, and an attached garage. Check out the floor plans which are attached. Don't miss out on this one-a rare opportunity to be in a great house, office, and location - close to schools, shopping, public transportation, Rt. 476, and 20 min to CC Phila!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1947
MLS Number
--
Location
Address
6 N LEXINGTON AVE
City
HAVERTOWN
State
PA
Zip Code
19083
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
(888) 536-0216
Office Name
Office Phone
(888) 536-0216
Agent Name
Madeline M OFria
Agency Phone
(888) 536-0216

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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.