Home for Sale at 1230 Wy Court, Camp Nelson, CA 93265

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1230 Wy Court
Camp Nelson, CA 93265

Deborah Morley with DS Realty, original listing - (559) 592-1616

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Property Details

List Price:	$447,000
Beds:	3
Baths:	Full: 1, ½: 1, ¾: 1
Status:	Active
SqFt:	2136 Square Feet
Agency:	DS Realty
Agency Phone:	(559) 592-1616

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Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	2000
Notes:	This stunning custom mountain home has everything and more!!! The main floor features a huge great room with vaulted ceilings, a gourmet kitchen with hickory cabinets and stainless steel appliances, a large laundry room with pantry, a guest bedroom and bath, and a lovely master suite with a private bath and walk-in closet. Most rooms have access to the vast decking that wraps around three sides of the cabin and includes covered areas and a view deck with a retractable Sundowner awning to insure you can enjoy the deck in any type of weather. The ground floor has an enormous two-car garage with workshop area and a third bedroom with an attached half bath. For accessibility, there is a new stair lift chair to transport you between the two floors. While the open floor plan, recent interior paint, custom window treatments and trim, and wood accents add to the beauty of this cabin, the central heat, central air, central vacuum, whole-house generator, paved driveway, and attached garage add all the conveniences of home and more. Whether you are visiting with friends and family in the great room, BBQing under the covered deck, or enjoying the spectacular view from the expansive open deck, you will thoroughly enjoy your new cabin. Did I mention that it's listed at only $447,000 and backs up against the forest? This cabin is priced to sell. Don't miss out - call today!
MlsNumber:	--
ListingId:	234541

Listing Provided By:	DS Realty, original listing
Phone:	(559) 429-5142
Office Phone:	(559) 592-1616
Agent Name:	Deborah Morley
Disclaimer:	Copyright © 2025 Tulare County MLS. 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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