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3589 Aster Street
Fairfax, VA 22030
$1,039,990
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
2657
Property Description
Immaculately appointed Cary townhome offering 4 finished levels, a 2-car rear-load garage, an open concept design, and over 2,600 sq. ft. of living space. Upon entry, you are greeted by gracious foyer opening to the adjacent den and a lower-level powder room. The boxed oak stairs lead to main living level adorned with luxury vinyl plank flooring and a centrally located gourmet kitchen boasting stainless steel appliances, a pantry, upgraded cabinetry, quartz countertops, an apron sink, a large island. Flow seamlessly from the gourmet kitchen to the adjoining front dining room, making entertaining easy. The spacious family room features a 42” modern linear fireplace and has direct access to the rear deck. The primary suite boasts a large walk-in closet and an en suite bathroom boasting a dual sink vanity with a quartz countertop, walk-in shower, and private water closet. Two secondary bedrooms, a full bathroom with quartz countertop vanity, and a conveniently located laundry complete the third level. The fourth level features a bedroom, a full bathroom, a spacious loft with a wet bar, and access to the large rooftop terrace. Located near the intersection of Route 123 and Route 50, this new construction home offers convenience and luxury in a prime location.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
VAFX2174128
Location
Address
3589 ASTER STREET
City
FAIRFAX
State
VA
Zip Code
22030
County
FAIRFAX (NORTH)
Listing
Provider
Dan Ryan Builders Realty,LLC, original listing
Name
Dan Ryan Builders Realty,LLC
Phone
(301) 272-4780
Office Name
DRB Group Realty, LLC
Office Phone
(240) 457-9391
Agent Name
Brittany Newman

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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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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.