Home for Sale at 27 Highpark Place, Aliso Viejo, CA 92656

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27 Highpark Place
Aliso Viejo, CA 92656

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Property Details

List Price:	$799,900
Beds:	2
Baths:	2
Status:	Pending
SqFt:	1027
Agency:	House of Seven Gables Real Estate Inc.

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Description/Comments

Lot Size:	3,267 sqft
Property Type:	Residential
Year Built:	1990
Notes:	Stunning One of a Kind Townhome in the highly desirable Calabria community of Aliso Viejo! This beautifully remodeled impressive carriage corner unit with no one above or below offers an open concept layout with distinctive elegant accents and designer-inspired finishes. West facing location gets an abundance of natural sunlight throughout the entire day. Gourmet thoughtfully designed Kitchen boasts luxe quartz counters and island, custom white cabinets with soft closing drawers, recessed lights, newer quality stainless steel appliances, water filtration system. Spacious Living Room features dramatic vaulted ceilings, recessed lights and a stylish modern fireplace. The Dining Room opens to a generous size balcony providing a wonderful outdoor retreat perfect for dining al fresco and entertaining. Just down the hall you have a Bedroom with mirrored closet doors and high ceilings. <br /> A full Hallway Bathroom is located across the way with a shower over the new tub. Elegant Primary Suite features high ceilings, walk-in closet, luxurious spa-like Bathroom with walk-in shower, lots of cabinet space. Both bathrooms are fully remodeled with tiled porcelain tub/shower walls, high quality faucets and plumbing fixtures, white high gloss custom vanities with plenty of storage space. Other distinctive highlights include designer paint, hardwood flooring throughout, recessed lights, gorgeous light fixtures, central A/C, one-car direct access garage with laundry area and ample storage space. This entire property is in immaculate move-in condition and gives a sense of comfort, style and elegance you will be proud to own. Enjoy a wonderful resort-like Calabria community with a large pool and spa amenities, surrounded by parks and hiking trails. Ideally located only a few minutes down the road to the Aliso Viejo Town Center, this home provides easy access to a variety of amenities, including shops, dining, a movie theater, Costco, and nearby high-ranking schools. Fabulous beaches and luxury resorts are only a short drive away! Convenient access to freeways and toll roads. Truly a rare find! NO MELLO ROOS! Welcome Home! Please, contact Olga Keyes for a private showing at 714-906-7533, [email protected]
MlsNumber:	PW24080548

Listing Provided By:	House of Seven Gables Real Estate Inc., original listing
Name:	House of Seven Gables Real Estate Inc.
Phone:	(714) 731-3777
Office Name:	Seven Gables Real Estate
Office Phone:	(714) 731-3777
Agent Name:	Olga Keyes
Disclaimer:	Copyright Â© 2024 California Regional Multiple Listing Service, Inc. 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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