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78 Silver King Circle
Purcellville, VA 20132
Shannon Bray with Pearson Smith Realty, LLC, original listing - (571) 386-1075
$1,344,990
Conventional
Property
Bedroom
5
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
4549 Square Feet
Property Description
Come build your ideal brand-new SINGLE-FAMILY HOME by Van Metre Homes on a majestic 3-acre lot at GLENMORE FARMS. Turn your dream home into reality, personalizing the elegant BARLEAU floorplan with the interior selections you've always wanted. Featuring an impressive 4,549 finished square feet, this exceptional residence offers 5-6 bedrooms, 4-5 full and 1 half bathrooms, and a 2-4 car garage, setting the stage for luxurious and comfortable living. As you enter, be captivated by an abundance of natural light that bathes the main level in a warm and inviting glow. The heart of the home unfolds with a stunning 2-story great room directly adjacent to a spacious gourmet kitchen. The kitchen, a true focal point, features an eat-in breakfast room, a large center island, and a walk-in pantry—perfect for culinary enthusiasts and entertaining aficionados alike. This thoughtfully designed floorplan goes above and beyond by offering dual primary suites, ensuring flexibility and convenience with both main and upper-level primary bedrooms. Ascend to the upper level, where an immense primary suite awaits, boasting dual walk-in closets and a luxurious bathroom with double sinks, an oversized shower with a built-in seat, and a dramatic freestanding tub. Three additional secondary bedrooms, two full baths, and an upstairs laundry room complete the upper level, elevating the home's functionality. Maximize your living space by choosing to finish part (or all) of the optional finished basement, providing additional room for recreation, relaxation, or customization to suit your lifestyle. Being a new build, your home is constructed to the highest energy efficiency standards, comes with a post-settlement warranty, and has never been lived in before! Embrace the pinnacle of sophistication and practicality in this meticulously crafted home, where every detail reflects a commitment to unparalleled quality and elegance. Schedule an appointment today! ----- Discover Glenmore Farm, a Van Metre single family home neighborhood destined to become a premier community in the Loudoun Valley area. Offering a distinct small-town feel and access to excellent schools, Glenmore Farm is designed for everyone. Nestled in the bucolic countryside of western Loudoun County, the neighborhood boasts 3+ acre homesites with spacious homes, grand porches, and sweeping views of the Blue Ridge mountains. Just minutes from Waterford and downtown Purcellville, residents enjoy the tranquil ambiance and picturesque surroundings. Glenmore Farm ensures a seamless blend of modern amenities and country living, making it a truly desirable place to call home. -----Take advantage of closing cost assistance by choosing Intercoastal Mortgage and Walker Title. ----- Other homes sites and delivery dates may be available. ----- Pricing, incentives, and homesite availability are subject to change. Photos are used for illustrative purposes only. For details, please consult the Community Experience Team.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2024
MLS Number
--
Location
Address
78 SILVER KING CIRCLE
City
PURCELLVILLE
State
VA
Zip Code
20132
County
LOUDOUN
Listing
Provider
Pearson Smith Realty, LLC, original listing
Name
Phone
(571) 386-1080
Office Name
Office Phone
(571) 386-1075
Agent Name
Shannon Bray
Agency Phone
(571) 386-1075

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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.