Home for Sale at 919 Hi Path Way, New Braunfels, TX 78130

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919 Hi Path Way
New Braunfels, TX 78130

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Property Details

List Price:	$583,000
Beds:	3
Baths:	3
Status:	Active
SqFt:	2622
Agency:	Kuper Sotheby's Int'l Realty NB

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2018
Notes:	ATTENTION HOME BUYERS! We're offering a jaw-dropping $10,000 towards your interest rate buy down or closing costs! Welcome to your dream home, just steps away from the stunning Landa Park and vibrant Downtown New Braunfels. Nestled in a gated community, this single-level sanctuary features a classic brick and stone exterior, displaying enduring charm. Upon entering, you'll be warmly welcomed by a gracious foyer that leads to a conveniently located office, complete with custom built-ins, situated just to the side. Natural light floods the kitchen, great room, and casual dining area through expansive windows, creating an inviting ambiance. Custom interior shutters add a touch of elegance and allow for flexible light control. The large center island, serving as the heart of the home, becomes a focal point for gathering. Granite countertops and Level 3 engineered wood flooring enhance the comfort and style of this welcoming space, boasting high-end finishes throughout. Imagine entertaining your guests with a built-in surround sound system flowing seamlessly to the patio. Experience the warmth and tranquility of this exceptional property, where every detail has been carefully considered to enhance your living experience. Welcome home to a life of comfort, elegance, and endless possibilities. Schedule your private tour today and make your dream home a reality!
MlsNumber:	537487

Listing Provided By:	Kuper Sotheby's Int'l Realty NB, original listing
Name:	Kuper Sotheby's Int'l Realty NB
Phone:	(830) 358-7989
Office Name:	Kuper Sotheby's Intl RTY - NB
Office Phone:	(830) 358-7989
Agent Name:	Tamara Tidwell
Disclaimer:	Copyright Â© 2024 Central Texas Multiple Listing Service. 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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