Home for Sale at 60 FALCON DRIVE, CHALFONT, PA 18914

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60 Falcon Drive
Chalfont, PA 18914

Mike Bottaro with Homestarr Realty, original listing - (215) 355-5565

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Property Details

List Price:	$874,900
Beds:	5
Baths:	Full: 3, ½: 1
Status:	Active
SqFt:	3500 Square Feet
Agency:	Homestarr Realty
Agency Phone:	(215) 355-5565

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Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1972
Notes:	Welcome to 60 Falcon Dr. Beautiful expanded farmhouse style Colonial on an oversized private lot with backyard oasis in the heart of Chalfont! Walk up large expanded driveway and to oversize covered front porch. Exterior of home contains beautifully upgraded stone facade. Walk through front door and into foyer with beautiful upgraded hardwood flooring which carries through hall and spacious formal living room to the right. Walk back to large expanded eat-in kitchen with beautiful custom tile flooring, upgraded white cabinets, granite counter tops which carry over expanded breakfast bar area, all stainless steel appliances including wall over and stainless steel stove with commercial grade hood which vents to exterior. Off kitchen to left of house is expanded Family Room with luxury blank flooring which contain accent wall behind media area and wood stove with beautiful tile backdrop and gorgeous wood beam boasting of character and charm to the home's main entertainment area. Off family room is bonus room extension perfect for a bar area or game room which overlooks the backyard, rear deck and pool area. Behind family room contains a one-car garage, storage room area and an exercise / fitness room. First floor also contains a updated half bathroom. Walk upstairs to 5 spacious bedrooms and 3 full bathrooms including an upstairs laundry and personal office. Expanded owners suite with vaulted ceilings, huge walk-in closet and its own personal luxurious bathroom with double vanity, expanded shower with imported Italian tile throughout, rainfall shower head, bench seating, accent tile pattern and in-wall soap box with beautiful tile trim. And that's not all, built-in cedar sauna next to shower in owner's suite shower. Off owner's suite also contains French doors with lead to rear balcony which overlooks pool. Additional 2 bathrooms have also been updated with modern finishes. This home has it all! All new high end energy windows throughout which are crystal clear giving the homeowner stunning views of the in-ground pool from every room off back of the house. Generous amount of recessed lighting and built-in speakers throughout home. Other features this home offers are the following: 2-zone energy efficient HVAC systems. Gas forced air heat and central air and upgraded 80 gallon gas water heater. Oversize custom-size upgraded windows throughout home! *Bonus Inclusions in Sale: 3 refrigerators including the high end stainless steel kitchen refrigerator with beverage refrigerator , washer, dryer, all pool equipment, 2 sheds, wood stove, home theater, family room TV. surround sound speakers, family room tv stand table, butcher block table in kitchen, in-ground stone fire pit* The in-ground pool is a salt water pool and is heated with a sun deck, built-in fountain sprinklers and in-ground hot tub area. Entire yard in fenced in and has beautifully matured arbor vitae trees and an abundance of perennial flowers offering a park like feel to this yard ideal for entertaining and hosting summer BBQs. *Award Winning Central Bucks School District* Walking distance to Unami Middle School. And less than 2 miles from both Butler Elementary School and Saint Jude Elementary. Walking distance from Los Sarapes, New Britain Inn, Manhattan Bagel, Leonardo's Pizza & Giant Supermarket. Minutes from Doylestown Hospital. This home comfortably accommodated a family of 11. Make your offer today on this ONE-OF-A-KIND turn key home !
MlsNumber:	--
ListingId:	PABU2080454

Listing Provided By:	Homestarr Realty, original listing
Phone:	(215) 355-5565
Office Phone:	(215) 355-5565
Agent Name:	Mike Bottaro
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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