Home for Sale at 818 N Cloverdale Court, Independence, MO 64056

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818 N Cloverdale Court
Independence, MO 64056

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Property Details

List Price:	$309,900
Beds:	3
Baths:	3
Status:	Active
SqFt:	2178
Agency:	RE/MAX Heritage

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2005
Notes:	Welcome to this charming reverse story and a half nestled in the picturesque Rockwell Estates, Tucked away in a tranquil cul-de-sac, this home exudes a sense of peace and privacy. A brand-new roof ensures worry-free living for years to come. Step into a spacious interior featuring an eat-in kitchen adorned with beautifully painted cabinets, blending style and functionality seamlessly. The abundance of cabinet space ensures easy organization and storage, making daily life a breeze. Entertain guests or unwind in the large backyard, perfect for gatherings and outdoor activities. Enjoy relaxing moments on the expansive deck, ideal for morning coffees or evening barbecues, all while overlooking the tranquil wooded backdrop. This home also features a walkout basement, adding versatility and potential for customization to suit your lifestyle needs. With spacious rooms throughout, there's ample space for everyone to enjoy. Residents of Rockwell Estates have the privilege of access to a community pool and clubhouse, offering opportunities for recreation and social gatherings right within reach. The neighborhood is also known for its lively spirit, often hosting block parties and special events, fostering a sense of camaraderie among residents. Don't miss out on this opportunity to own a home that combines convenience, comfort, and community living. Schedule a showing today and envision the possibilities this home has to offer!
MlsNumber:	2486744

Listing Provided By:	RE/MAX Heritage, original listing
Name:	RE/MAX Heritage
Phone:	(816) 224-8484
Office Name:	RE/MAX Heritage
Office Phone:	(816) 224-8484
Agent Name:	Brandi Ashley
Disclaimer:	Copyright Â© 2024 Heartland 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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