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13028 Cobalt Cove Ct.
Texas City, TX 77568
$332,345
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
2198
Property Description
The delightful Ash floor plan is a sprawling, two-story design that is full of character.. The exterior of the home is just as beautiful as the interior since the home will have a two-tone paint selection, and an exclusive landscaping package including shrubs, a caliper oak tree, and a yard that is fully sodded. Entering from your front porch, you are greeted by an elegant foyer with vinyl plank flooring that your two-car garage lies beside. Across the foyer is your convenient powder bathroom featuring a white pedestal sink and decorative mirror that flows right into your open-concept family room. The massive family room is perfect for entertaining guests and is boasting with ample amount of space. The smell of fresh cookies baking can be experienced from the family room, since the kitchen is opened up facing the living area. The expansive kitchen area is completed with granite countertops, beautiful flat-panel birch cabinets, designer light fixtures, and industry-leading appliances. You will love having the ability to install a kitchen island in the center of the kitchen, if you are needing more counter space. Speaking of more space, your oversized walk-in pantry will come in handy when you need to store all your food, spices, and dog treats. Integrating with your kitchen is your welcoming formal dining space with entry to your backyard in the corner of the room. Giving your backyard added value, you have the option of including a sizable covered patio! Adjacent to your formal dining room is the large Master Bedroom. Leading off the bedroom is your gorgeous master bathroom complete with cabinetry that matches your kitchen selections, cultured marble bath countertops, LED down lighting, and a super shower. Up the stairs, you will come across a large gameroom that is ideal for family game nights, as well as three additional bedrooms, and a secondary full bathroom. The Ash floor plan is sure to fit most any family lifestyle.
Property Information
Lot Size
-- square ft
Property Type
Other
Year Built
--
MLS Number
2686725
Location
Address
13028 Cobalt Cove Ct.
City
Texas City
State
TX
Zip Code
77568
County
GALVESTON
Listing
Provider
CastleRock Communities (Corporation), original listing
Name
CastleRock Communities (Corporation)
Phone
Office Name
CR TX Houston
Office Phone
Agent Name
Robin Carsey

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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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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.