Home for Sale at 330 Fox Creek Drive, Braselton, GA 30517

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330 Fox Creek Drive
Braselton, GA 30517

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Property Details

List Price:	$2,375
Beds:	4
Baths:	3
Status:	Active
SqFt:	2254
Agency:	Park Place Brokers

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Description/Comments

Lot Size:	--
Property Type:	Rental
Year Built:	2024
Notes:	Maxwell Plan Lot 44: 4 BR/2.5 BA. STOCK PHOTOS. Welcome HOME to a BRAND New never before lived in home waiting for YOU. It boasts a beautiful kitchen with an island that opens up to the family room with a cozy fireplace. Adding to the quality of comfort are durable LVP flooring throughout the main living spaces, granite countertops in the kitchen, stainless steel appliances, walk in pantry, and so much more! Gather in the separate formal dining room for entertaining. The large Owner's Suite upstairs includes a walk in closet and 4-piece ensuite with shower, dual sink vanity and enclosed water closet. Unbeatable location! Fox Creek is a hidden gem in Jackson County, blending both convenience and peaceful serenity. With the mature trees, an abundance of green space and a beautiful stocked lake, one would never know they are just 1.5 miles from I-85. Fox Creek residents can access I-85 either at Exit 126 or 129. Fun restaurants, shopping, and Town Green can be found less than 2 miles away either in the historic town of Braselton or the historic town of Hoschton. Northeast GA Hospital is 2 miles away, Chateau Elan is one mile away...the location of Fox Creek truly cannot be beat. STOCK PHOTOS! Home is now COMPLETE and READY for YOU. Credit and background report required. Application is $65 per adult or if married then $65 per married couple. Prefer credit score to be 650+ and gross monthly income to be 3x rent. Pets are allowed- 2 pet max, size and breed must be approved by our office. It will increase your rent $50 a month plus Pet Deposit required upfront of $1288. Depending on credit worthiness we may require a larger security deposit.
MlsNumber:	7343058

Listing Provided By:	Park Place Brokers, original listing
Name:	Park Place Brokers
Phone:	(404) 769-8666
Office Name:	Park Place Brokers
Office Phone:	(770) 590-1911
Agent Name:	Tamara Bass
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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