Home for Sale at 6453 GLOBEFLOWER STREET, Wellington, CO 80549

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6453 Globeflower Street
Wellington, CO 80549

Online Sales Concierge with D.R. Horton - Northern Colorado, original listing -

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Property Details

List Price:	$499,900
Beds:	4
Baths:	Full: 2, ½: 1
Status:	Active
SqFt:	2398 Square Feet
Agency:	D.R. Horton - Northern Colorado
Agency Phone:

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 sqft
Property Type:	Residential-Single Family Residence
Year Built:	--
Notes:	The Holcombe is one of our 2-story floorplans featured in the Mountain View Ranch in Wellington, CO. Featuring 4 bedrooms, 2.5 bathrooms, 2 car garage and 2,398 sq. ft. of living space. With multiple exterior options and open concept design this new home is a popular pick. As you enter into the home and walk down the foyer you will find the study with a window that oversees the front yard, a linen closet and the guest bathroom. As you pass the stairs and garage door entrance you are welcomed into the heart of the home, the kitchen overlooks the great room, dining room and sliding door that leads to the backyard. The kitchen is a true highlight, with spacious countertops, stainless steel appliances, a walk-in pantry and an oversized island with room for seating. Whether youre preparing a casual meal or hosting a dinner this kitchen is well-equipped to fit your needs. Three secondary bedrooms are located upstairs and generously sized to offer flexibility for all lifestyles and enough privacy to have your own retreat. Located between two bedrooms is a spacious bathroom with double vanity sinks and a separate area for the toilet and tub. Youll also find the laundry room to be conveniently located to make chores a breeze. The primary bedroom offers plenty of space and an ensuite bathroom with dual sinks, and a spacious closet. Contact us today and find your new home in the Mountain View Ranch community. *Photos are for representational purposes only, finishes may vary per home.
MlsNumber:	--
ListingId:	81032+885-81032-810320000-0111

Listing Provided By:	D.R. Horton - Northern Colorado, original listing
Phone:	(720) 357-7731
Agent Name:	Online Sales Concierge
Disclaimer:	Copyright © 2024 D.R. Horton. 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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