Home for Sale at 56 GLETNER LANDING, HEDGESVILLE, WV 25427

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56 Gletner Landing
Hedgesville, WV 25427

Matthew Deaner with Touchstone Realty, LLC, original listing - (304) 260-9380

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Property Details

List Price:	$525,000
Beds:	5
Baths:	Full: 3
Status:	Active
SqFt:	2296 Square Feet
Agency:	Touchstone Realty, LLC
Agency Phone:	(304) 260-9380

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Description/Comments

Lot Size:	1 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	2017
Notes:	Dreams do come true and this Dream Home is absolutely proof of that! Ample living space to spread out yet a warm and welcoming feeling throughout, from the moment you step inside you'll know this is the one you've been searching for. The main level boasts an open and flowing floor plan that features a living room that is just steps away from a lovely home office, gorgeous kitchen, and dining room. Whip up amazing meals in a kitchen that will make every inner chef's heart happy with upgraded countertops, plenty of storage, a large island, and all stainless steel appliances. There is also a full bathroom and bedroom on this floor as well as access to the oversized garage. Upstairs, you'll find the Primary Bedroom with a walk-in closet, private bathroom with a soaking tub and walk-in shower. There are also 3 additional bedrooms, another full bathroom, and a laundry to finish off this floor. The basement is currently unfinished giving you a blank canvas to turn into whatever your heart desires. Whether you keep it as is for storage or add additional bedrooms, a family room, or a game room, the possibilities are endless. Outside you'll love entertaining family and friends on the covered back deck or large patio. Those who love being outside will enjoy the large yard that gives you plenty of space for privacy yet isn't too big to easily maintain. Situated in the sought-after Community of North Ridge that is a quick and easy drive to schools, shopping, commuter routes, and much more. Be sure to not wait too long before you schedule your showing! 56 Gletner Landing is waiting for you to call it HOME!!
MlsNumber:	--
ListingId:	WVBE2032910

Listing Provided By:	Touchstone Realty, LLC, original listing
Phone:	(304) 260-9380
Office Phone:	(304) 260-9380
Agent Name:	Matthew Deaner
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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