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3823 Mulberry Farms Dr.
Santa Fe, TX 77510
$482,594
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
3313 Square Feet
Property Description
Anything but understated!. The pleasant Snowmass floor plan includes custom elements that will satisfy every member of your family. Entering this home, you are first met with your private study room that accommodates you when working from home or the kids while they finish their homework. In need of more bedrooms for family or guests? Transform the study room into a guest bedroom with an attached fourth bathroom replacing your powder bathroom. Across from the study is the entrance to your two-car garage. If a sizable garage is on your wishlist, you will love having the option of swapping your two-car garage for a two-and-a-half or three-car garage! Down the foyer is your convenient downstairs powder bathroom, along with your huge walk-in utility room. At the end of the foyer, your spacious kitchen area resides complete with granite countertops, an oversized pantry, industry-leading appliances, and a kitchen island! The open concept layout of the Snowmass plan makes this the ideal home for spending quality time together and entertaining. Adjoined with the kitchen is the massive family room with the combined dining area that gives you access to an optional covered patio right in your backyard. Completing the downstairs is the master bedroom which features three separate windows for plenty of natural light. Also, your master bath contains cultured marble countertops with dual vanities, a large walk-in closet, a bathtub, and a stand-alone shower that you can upgrade into a super shower if you would like. Up the stairs, you will come across a large gameroom, as well as a media room that is perfect for family movie nights or watching the big game. Additionally, you will find the three remaining bedrooms with two of the bedrooms containing walk-in closets, and two more full bathrooms. If you would prefer to have another bedroom, you are able to switch out the media room for an additional bedroom. Rest assured, you'll love everything about the Snowmass plan!
Property Information
Lot Size
0 sqft square ft
Property Type
Other-Other
Year Built
--
MLS Number
--
Location
Address
3823 Mulberry Farms Dr.
City
Santa Fe
State
TX
Zip Code
77510
County
GALVESTON
Listing
Name
Phone
(281) 416-4578
Office Name
Office Phone
Agent Name
Stan Smith
Agency Phone

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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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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.