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46 Township Line Road
Elkins Park, PA 19027
$147,000
Conventional
Property
Bedroom
2
Bathroom
1
Property Type
Conventional
Square ft
1026
Property Description
Located in Chadbourne Plaza condominiums. Elevator access to the second floor. This spacious two-bedroom condominium with an “abundance of storage” features a newly updated balcony, in a comfortable and inviting atmosphere. Enter the buildings secured front entrance lobby where you can pick up your mail once inside. You are going to love the on-site amenities as well as the convenience all the area has to offer! Enter into a tiled foyer area that opens up to the large dining and living room areas. Step out onto your private patio through sliding doors off the living room and enjoy a breath of fresh air. The kitchen is a functional delight with plenty of cabinet and counter space, tiled backsplash, and a convenient breakfast bar, perfect for daily meal prep or for entertaining friends. The master bedroom is a generous size and features an extra-large walk-in custom shelved closet and a private full bath. Neutral tones throughout that create a soothing backdrop and making it easy to add your individualized touch. For those sunny summer days, take a dip in the on-site swimming pool, providing a delightful escape with both table and lounge chair seating. This condo is not only a comfortable retreat but also incredibly convenient. It's just a stone's throw away from public transportation, parks, local shopping, restaurants, and Jean’s hospital, ensuring that everything you need is easily accessible. ample parking available next to your entrance as well as main entrance. Community room, ample parking and two electric automobile charging stations available Water, sewer and trash included in association fees. Come visit 46 Township Line Unit 218 and find your way home!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1965
MLS Number
PAMC2100886
Location
Address
46 TOWNSHIP LINE ROAD
City
ELKINS PARK
State
PA
Zip Code
19027
County
MONTGOMERY (SOUTHEAST)
Listing
Provider
Newtown Partners Realty, LLC, original listing
Name
Newtown Partners Realty, LLC
Phone
(215) 860-4200
Office Name
Keller Williams Real Estate - Newtown
Office Phone
(215) 860-4200
Agent Name
Peggy Fitzgerald

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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.

Free Foreclosure Listings

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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.