Home for Sale at 9308 NW 88th St, Yukon, OK 73099

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9308 Nw 88th St
Yukon, OK 73099

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Property Details

List Price:	$370,340
Beds:	4
Baths:	Full: 2
Status:	Active
SqFt:	1900 Square Feet
Agency:	Homes By Taber
Agency Phone:

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Description/Comments

Lot Size:	0 sqft
Property Type:	Residential-Single Family Residence
Year Built:	--
Notes:	This Blue Spruce family of floor plans range from 2,175 Sq Ft of total living space to 2,735 Sq Ft, This includes 1,900 Sq Ft of indoor living to 2,450 Sq Ft space and 275 Sq Ft to 295 Sq Ft of outdoor living space. There is also a three car garage that ranges from 570 Sq Ft to 600 Sq Ft in these plans. The Blue Spruce is one of Homes by Taber's most popular new home designs. The faAade, accented by the covered front porch and sloping lines, enhances the curb appeal. With artfully planned square footage, both indoors and outdoors, this four-bedroom home offers comfort, convenience, and style. When you enter your home, the foyer guides you to the open space of the living room, kitchen, and dining room. Relax by the large fireplace and enjoy the backyard views from the living room and dining room. The 10-foot ceiling adds to the sense of spaciousness and luxury. Your center island provides convenience and 360 views with an easy flow. Standard features for this Red Series home include pendant lighting, granite or quartz countertops, a built-in pullout trash can, and so much more. That's why we are Oklahoma's Favorite Builder. The mudroom off the kitchen includes a walk-in pantry and an additional storage closet. From here, you have direct access to the utility room, where you will find more storage opportunities. The owner's suite presents a desirable retreat. Tucked away from the rest, this suite supports high ceilings, exquisite floor finishings, and a 5-piece sp...
MlsNumber:	--
ListingId:	5ce450924db04861526a36fa+6650b

Listing Provided By:	Homes By Taber, original listing
Phone:	(405) 454-8113
Agent Name:	Britton Farms
Disclaimer:	Copyright © 2024 HomesByTaber. 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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