Home for Sale at 1710 Lipscomb Street, Fort Worth, TX 76110

Refine Search

1710 Lipscomb Street
Fort Worth, TX 76110

« Prev

Property Details

List Price:	$751,000
Beds:	3
Baths:	3
Status:	Active
SqFt:	2438
Agency:	AWARD CO., REALTORS

Map Details Show Map | Show StreetView

Warning: Invalid argument supplied for foreach() in /var/www/hudex/templates/importanthomescyphersvideo/html/com_propertylist/details/default.php on line 469

Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2014
Notes:	Gorgeous dream home located in highly sought after Fairmount Historic District. Walking distance to Magnolia shopping and dining, only minutes from Downtown, the Zoo, TCU, and hospital district, this elegant, luxury home offers 2438 sq ft, 3 bedrooms, and 2.5 baths. Hand Scraped White Oak Flooring Throughout. Downstairs you will find multiple dining, and living areas, a fireplace, large wet bar with granite counters and kegerator. There is a chef's kitchen offering granite counters, a large eat in kitchen and island with plenty cabinet space and glass fronts. SS appliances including a gas range. Laundry room with custom cabinets, granite counters, and a custom, in home audio system with crown amp running the Altec Landsing speakers. Upstairs, you will find the three bedrooms. The master bathroom has soaking tub and custom stand-up shower. The master closet boasts very detailed custom cabinets. Sprinkler system, fenced yard, wrap around porch with lighting and speakers, and garage.
MlsNumber:	20507351

Listing Provided By:	AWARD CO., REALTORS, original listing
Name:	AWARD CO., REALTORS
Phone:	(817) 294-2353
Office Name:	Award Property Management
Office Phone:	(817) 294-2353
Agent Name:	J.D. Rolader
Disclaimer:	Copyright Â© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Local Real Estate Expert

John Steffen

eXp Realty

Call Today!: (570) 445-7820

Contact Me

USHUD.com on the Go!

Foreclosure Mobile App

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.

HudExchange.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

HudExchange.com is an Equal Housing Opportunity

- Pat. 7,813,958 - Pat. 7,958,007 - Pat. 8,046,258 - Pat. 8,073,737 - Pat. 8,190,476 - Pat. 8,195,514
- Pat. 8,306,856 - Pat. 8,412,576 - Pat. 8,510,165 - Pat. 8,825,527 -