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4 Gary Lane
Milford, PA 18337
$1,384,000
Conventional
Property
Bedroom
5
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
4415 Square Feet
Property Description
Welcome to 4 Gary Ln, an exquisite modern farmhouse located in the prestigious Pine Hill Farm Preserve Luxury Estates Community. Perched on a mountain ridge with stunning views of the Valley and Delaware River, this community is surrounded by a 150-acre nature preserve featuring a waterfall, hiking trails, and a stream. This 4,415 sqft new construction home will epitomize luxury living with its 5/6 bedrooms and 4.5 baths spread over two stories. The exterior boasts Hardie plank and panel siding, a three-car attached garage, and a charming covered front porch. The first floor's open-concept design features 10-foot ceilings, beginning with a grand foyer and dining room that lead to the great room. This space is highlighted by a gas fireplace, 20-foot cathedral ceiling, abundant windows, and a sliding door that allows natural light to flood the room. The chef-style kitchen is the heart of the home, equipped with high-end stainless steel appliances, a large island, a pantry, and quartz countertops. A mudroom and guest quarters with a full ensuite bath complete the main level. Take the elevator to the second floor, which features a balcony overlooking the great room below. The main bedroom is a private retreat with tray ceilings, an ensuite bath with a modern soaking tub, double sinks, a tiled walk-in shower, a private toilet room, and a spacious walk-in closet. The upper level also includes 3 additional bedrooms, another full bath, a laundry room, and a 400+ sqft bonus room perfect for a home theater or library. Gorgeous hardwood floors flow throughout the home, complemented by a dual unit heating and central air conditioning system for optimal efficiency. Located within a 1.5-hour drive to most NYC locations and just 10 minutes from bus and train services to the city, this property offers prime commuting convenience. Enjoy the best of both worlds, living near Historic Milford and the attractions of the Hudson Valley, while being less than 10 mins from NY and NJ.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2024
MLS Number
--
Location
Address
4 Gary Lane
City
Milford
State
PA
Zip Code
18337
County
PIKE
Listing
Name
Phone
(845) 610-6065
Office Name
Office Phone
(845) 610-6065
Agent Name
Amanda Brehm
Agency Phone
(845) 610-6065

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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.