Home for Sale at 656 Mount Harvard Rd, Livermore, CO 80536

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656 Mount Harvard Rd
Livermore, CO 80536

John Taylor with RE/MAX Alliance-Loveland, original listing - (877) 412-4811

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Property Details

List Price:	$725,000
Beds:	3
Baths:	Full: 1, ¾: 1
Status:	Active
SqFt:	2790 Square Feet
Agency:	RE/MAX Alliance-Loveland
Agency Phone:	(877) 412-4811

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1999
Notes:	This stunning cedar log home offers an array of desirable features, including 3bd, 2ba, a large loft, and a finished basement. Convenience meets comfort with the primary bedroom located on the main level and a custom moss rock fireplace with a gas insert for cozy evenings. The walk-out basement includes a private office, while the insulated 3-car garage and shed provide ample storage space. Step outside onto the newly refinished 12x16 upper balcony, which leads to the 12x44 lower deck to relax and unwind while enjoying the serene surroundings. Private septic tank feeds to community water and sewer system ensuring hassle-free living. Tons of updates including new water heater, whole-home generator, new roof, new gutters, and whole house staining. Hardwood flooring adorns both levels, complemented by hickory pantry cabinets and pull-out drawers in the kitchen. Tile accents the upstairs bathroom, and window coverings add a finishing touch. The backyard deck offers a perfect spot for outdoor gatherings or taking in the privacy of mountain living. Beyond the home, soak in the breathtaking views, tranquility, and wildlife that the property affords, with walkable trails, 3 shared stocked lakes, and extensive ATV and recreational vehicle trails in the community, promising endless outdoor adventures!
MlsNumber:	--
ListingId:	1006995

Listing Provided By:	RE/MAX Alliance-Loveland, original listing
Phone:	(877) 412-4811
Office Phone:	(877) 412-4811
Agent Name:	John Taylor
Disclaimer:	Copyright © 2024 Information and Real Estate Services, LLC. 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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