Home for Sale at 1600 SAMANTHA COURT, FOREST HILL, MD 21050

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1600 Samantha Court
Forest Hill, MD 21050

Sarah Sickles with Taylor Properties, original listing - (301) 970-2447

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Property Details

List Price:	$470,000
Beds:	3
Baths:	Full: 3
Status:	Active
SqFt:	2612 Square Feet
Agency:	Taylor Properties
Agency Phone:	(301) 970-2447

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1968
Notes:	Welcome home to the beautiful 1600 Samantha Ct! Prepare to be wowed by the modern and luxurious finishes. This updated 3-bedroom, 3 full-bathroom home offers a prime location in a cul-de-sac. When you enter the home, you are greeted with an open floor plan, recessed lights, and an abundance of natural light. The living room showcases luxurious LVP flooring and a large picture window. The living room transitions seamlessly to the dining area and a modern, high-end DREAM kitchen with top-tier features such as 42-inch cabinets, new stainless-steel appliances, quartz counters, a large island cascading into a sleek waterfall design with plenty of space for entertaining, tile backsplash, and a patio door leading to your covered patio. The main level also features 3 spacious bedrooms, the primary bedroom offers an en-suite beautifully appointed full bathroom with upgraded tile floors, a new vanity and enclosed upgraded tile shower, the guest full bathroom offers upgraded tile floors, a new vanity and shower/tub combo. Just downstairs is a huge fully finished lower level with endless possibilities, featuring an additional updated full bathroom, and cozy fireplace. There is plenty of space for a home gym, office, or game room! Outside, you can enjoy the fully fenced yard, and your driveway offers plenty of parking! With its proximity to parks, major commuter routes to 95 and shopping, this gem presents a rare opportunity for comfortable living in a prime location!
MlsNumber:	--
ListingId:	MDHR2038086

Listing Provided By:	Taylor Properties, original listing
Phone:	(800) 590-0925
Office Phone:	(301) 970-2447
Agent Name:	Sarah Sickles
Disclaimer:	Copyright © 2024 Bright 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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