Home for Sale at 101 Aberle Court, Hawley, PA 18428

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101 Aberle Court
Hawley, PA 18428

Beth Derrick with Keller Williams RE Hawley, original listing - (570) 226-0500

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Property Details

List Price:	$659,000
Beds:	3
Baths:	Full: 3
Status:	Active
SqFt:	1755 Square Feet
Agency:	Keller Williams RE Hawley
Agency Phone:	(570) 226-0500

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Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	2013
Notes:	Located on a private cul de sac....This Unique Lakeright home comes with an additional building lot and 2 boat slips on beautiful Lake Wallenpaupack all within walking distance to State Lands! This must-see home features 3 bedrooms including a primary suite and 2 additional full baths. The open concept floor plan features a spacious living area where the floor to ceiling stone fireplace is the focal point of the room, the hardwood floors glisten as the light shines through the living area for an abundance of natural light. The custom kitchen features a spacious island, stainless steel appliances, granite counter tops and plenty of storage. The primary suite on the main level features a walk-in closet and large bath with a soaking tub and separate shower. A guest bedroom and full bath are on the main level and a second primary suite is in the loft area with a 3/4 bath, oversized bedroom and large closet. The laundry area is on the main floor making this property perfect for one level living. The lower level features a 2-car garage and a spacious unfinished area which can be finished for additional living space. The wrap around deck completes this property and offers outdoor entertaining right off the kitchen area. Featuring an energy efficient heat pump for both heat and A/C this property is waiting for new owners to call it home! The adjoining buildable lot also features underground utilities, shared well and septic bed already installed. Each lot comes with a Boat Slip at Sunset Harbour Common area on Lake Wallenpaupack. Being sold as a package - call your relatives and friends!
MlsNumber:	--
ListingId:	PW-242368

Listing Provided By:	Keller Williams RE Hawley, original listing
Phone:	(570) 226-0500
Office Phone:	(570) 226-0500
Agent Name:	Beth Derrick
Disclaimer:	Copyright © 2024 Pike/Wayne Association of Realtors 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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