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17191 Begonia Dr
Ruther Glen, VA 22546
Bev McDearmon with Ashland, original listing - (888) 536-0216
$440,000
Conventional
Property
Bedroom
4
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Meticulously maintained, this home has newly installed luxury vinyl flooring throughout the entire main floor. Upon entering, there is a spacious and open family rm w/a f/p and mantel, crown molding and lots more. There are double columns off family rm that are open to the dining area (or office, etc.) w/elegant chandelier . There is a small hallway off the dining area that houses the entrance to the fully finished basement and a half bath/powder room -- pedastal sink and luxury vinyl flooring. The kitchen features granite that was added five years ago; SS appliances, breakfast bar/center island w/pendant lighting. The sunny and bright breakfast rm has bay windows & french doors leading to the rear deck,, fenced yard and rear driveway access. The basement is fully finished and houses the second family area with recessed lighting, a wet bar (sconce/pendant lighting), as well as the fourth bedroom and full bath. This bathroom is nicely finished w/custom tile and modern sink. The laundry room w/cabinetry and washer/dryer hookup, is spacious and has a storage closet as well, as well as ceramic tile flooring. There is a closet on the lower level that houses the hot water heater and air handler unit for easy access. The upper level of the home houses three bedrooms and two full baths. The master ensuite double doors lead into the master bath where you will find a water closet, walk-in closet, separate twin vanities, shower, and soaking tub. And......the amenities of Ladysmith Village will provide access to tennis courts, walks paths, playground, clubhouse w/exercise facility, tennis & basketball courts, and more!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2005
MLS Number
--
Location
Address
17191 Begonia Dr
City
Ruther Glen
State
VA
Zip Code
22546
County
CAROLINE
Listing
Name
Phone
(888) 536-0216
Office Name
Office Phone
(888) 536-0216
Agent Name
Bev McDearmon
Agency Phone
(888) 536-0216

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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.