Home for Sale at 3575 Oakvale Road, Decatur, GA 30034

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3575 Oakvale Road
Decatur, GA 30034

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Property Details

List Price:	$1,400
Beds:	4
Baths:	2
Status:	Active
SqFt:	1600
Agency:	eXp Realty

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Description/Comments

Lot Size:	--
Property Type:	Rental
Year Built:	1974
Notes:	Welcome to 3575 Oakvale Rd Unit 107, a cozy and spacious four-bedroom, two-bathroom apartment located in the inviting community of Decatur, GA. Ideal for families or anyone looking for a blend of comfort and simple living, this unit offers ample space and essential amenities to create a warm living environment.<br /> The unit features a large living area that flows seamlessly into the dining space, perfect for family time and relaxation. The kitchen is equipped with all the essentials, providing a comfortable space for meal preparations with a practical layout. Four well-proportioned bedrooms ensure that everyone has their own private space, with ample closet storage for convenience. Two clean and functional bathrooms cater to all household needs, featuring traditional fixtures and good lighting. This unit also includes an in-unit laundry area with washer and dryer hookups, central heating, and several ceiling fans to help keep the home comfortable year-round. Situated in a tranquil part of Decatur, this apartment offers a quiet retreat from the hustle and bustle of city life.<br /> Enjoy easy access to local shopping, dining, and public schools, all within a short drive. The area also provides straightforward routes to major highways.<br /> Residents can take advantage of nearby parks and recreational areas for outdoor activities and leisure. The apartment is ready and available for move-in.<br /> 3575 Oakvale Rd Unit 107 is the perfect place for those who appreciate spaciousness and a comfortable, straightforward living environment. Contact us today to schedule a viewing and make this your new home.
MlsNumber:	7384143

Listing Provided By:	eXp Realty, original listing
Name:	eXp Realty
Phone:	(888) 959-9461
Office Name:	EXP Realty, LLC.
Office Phone:	(888) 959-9461
Agent Name:	Salisia Murray
Disclaimer:	Copyright Â© 2024 First Multiple Listing Service, Inc. 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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