Home for Sale at 1503 Landmark Blvd, Sevierville, TN 37862

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1503 Landmark Blvd
Sevierville, TN 37862

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Property Details

List Price:	$619,900
Beds:	4
Baths:	2
Status:	Pending
SqFt:	2198
Agency:	CENTURY 21 MVP

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2019
Notes:	It's Perfect! That is about the Only way to describe this beautifully Flawless home. Situated along the main Landmark Blvd in the Much sought after Landmark Point Subdivision, the 4 bedroom 2 bath home features all main level living space, open concept with high ceilings, expansive each in kitchen and dining, and attached 2 car garage with an easy access to the home. The Large master bedroom is made exquisite with huge walk-in closet with double vanity private and walk-in shower. Away from master bedroom are the other 3 bedrooms, each of good size with their own spacious closets. One of the bedrooms was used as as office and easily could be of that use again. The second bath has tub-shower combo. There is a very Lovely Deck off the back for those create conversations or simply listening to the birds singing. Finally, the basement garage is a Real Must Have for those who Love Toys. The space is huge and has it's own access driveway. The basement is not accessible through the interior but is easily reached from the deck by way of steps. Many things about this home work well from the overall flow to accessibility, to location. Also, this homes is Super Clean and Well Maintained. This is an excellent place to raise a family or to settle down and retire. Easy one level living and plenty of storage for all those accumulated treasures. Hurry and make this Dream home your Reality.
MlsNumber:	300821

Listing Provided By:	CENTURY 21 MVP, original listing
Name:	CENTURY 21 MVP
Phone:	(865) 429-2121
Office Name:	Century 21 MVP
Office Phone:	(865) 429-2121
Agent Name:	Irena McCoy
Disclaimer:	Copyright Â© 2024 Great Smoky Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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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.

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.

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