Home for Sale at 184 Creek's Edge Drive, Williston, VT 05495

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184 Creek's Edge Drive
Williston, VT 05495

Mark Montross with Catamount Realty Group, original listing - (802) 658-3210

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Property Details

List Price:	$630,000
Beds:	3
Baths:	Full: 1, ½: 1, ¾: 1
Status:	Active
SqFt:	2367 Square Feet
Agency:	Catamount Realty Group
Agency Phone:	(802) 658-3210

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Description/Comments

Lot Size:	0 sqft
Garage:	Garage
Property Type:	Residential-Condominium
Year Built:	2020
Notes:	Your dream home awaits! Do not miss this amazing townhome at Creeks Edge in Williston with many upgrades to impress anyone! Enter the home and adore the beautiful open floorplan. To the left is the eat-in-kitchen area with copious cabinets & counter space. All stainless-steel appliances, granite countertops, a breakfast bar & attractive lighting. A half bath is located to the right of the entryway. Move forward into the home and be amazed by the grand vaulted ceiling living room! This space is breathtaking with all the natural lighting, & spectacular wall of windows for great natural lighting! The first-floor laundry is nice touch to the space! The first-floor primary bedroom with its own private bath, offering a double vanity, tile flooring, & a beautifully tiled shower with glass doors. Walk-in closet on one side and another closet on the other side. Wander upstairs and admire the open loft area overlooking the living room. This is a great space for a second living room or office. The second bedroom has great natural lighting and a walk-in closet. The third bedroom is very spacious with another walk-in closet and an attached bathroom with double vanity and a separated toilet and tub. The basement was plumbed for an additional bathroom & has an egress window allowing for additional living space. Two-car garage & back deck for summer fun. Allen Brook Nature Trail close by.
MlsNumber:	--
ListingId:	4986002

Listing Provided By:	Catamount Realty Group, original listing
Phone:	(802) 658-3210
Office Phone:	(802) 658-3210
Agent Name:	Mark Montross
Disclaimer:	Copyright © 2024 PrimeMLS. 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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