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1572 W Torrey Pines Rd
Hurricane, UT 84737
$1,695,000
Conventional
Property
Bedroom
3
Bathroom
5
Property Type
Conventional
Square ft
2914
Property Description
This exquisite property is a true gem, offering a luxurious retreat with stunning views overlooking the Copper Rock Golf Course and the majestic red rocks that surround. Boasting a full size in ground swimming pool with an attached spa, this professionally designed home is a rare find. Conveniently located just minutes away from Zions National Park and within easy reach of other National Parks. It presents an ideal opportunity for those seeking a tranquil escape. The property features two well appointed kitchens, spacious rooms with their own en-suite bathrooms, two sets of washer and dryer, and two inviting family rooms for relaxation and entertainment. In addition to the private pool, residents can also enjoy access to an additional swimming pool at the clubhouse further enhancing the resort style living experience. With amenities such as a mini putting green, waterfall lights illuminating the heated pool, and proximity to recreational activities like golfing, hiking, and biking, this home offers a perfect blend of comfort and leisure for both investment purposes and personal enjoyment. Whether you're looking for a profitable rental opportunity or a dream residence to call your own, this property truly embodies the essence of paradise. Buyer to verify all info. Sqft courtesy only.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2021
MLS Number
24-249636
Location
Address
1572 W Torrey Pines RD
City
Hurricane
State
UT
Zip Code
84737
County
WASHINGTON
Listing
Provider
CENTURY 21 EVEREST REALTY GRP, original listing
Name
CENTURY 21 EVEREST REALTY GRP
Phone
(435) 673-9266
Office Name
CENTURY 21 EVEREST ST GEORGE
Office Phone
(435) 673-9266
Agent Name
JACE SHEPHERD

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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.