Home for Sale at 34411 Via San Juan, Dana Point, CA 92624

34411 Via San Juan
Dana Point, CA 92624

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Property Details

List Price:	$3,750
Beds:	2
Baths:	3
Status:	Active
SqFt:	1250
Agency:	Surterre Properties

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Description/Comments

Lot Size:	5,227 sqft
Property Type:	Rental
Year Built:	1986
Notes:	Enjoy oceans views and coastal breezes from this meticulously maintained lower duplex unit, with new, newer, or refurbished finishes and equipment throughout. The entry opens into the living room with a red brick gas fireplace and large coat closet with storage shelves. Both the dining room and living room open onto a large private covered balcony through sliding doors in each room. The balcony stretches the whole width of the building giving an additional 250 square feet of outdoor living space. The kitchen features stainless steel appliances, granite countertops and bar top seating, opening to the dining room and living room with ocean views while you prepare your meals. There is a (guest) half bath just off the living room and kitchen. There is porcelain tile flooring throughout the unit, with the two bedrooms having wood grain laminate flooring. There are two large primary bedrooms each featuring full ensuite bathrooms with glass shower doors and two closets, all bathroom vanities have quartz counter tops. New ceiling fans are in both bedrooms and the dining room. The unit enjoys shared front and rear grassy yards along with a shared laundry room on the bottom level of building with individual washer and dryer hookups. There is a fully enclosed one car garage with storage cabinets, keypad entry, and automatic opener. There is additional parking in front of the garage for one more car. This property is conveniently located just a short distance from beaches, parks, shopping, the Dana Point Harbor, and easy freeway access.<br /> There is also a one-bedroom unit available over the garages for additional rent and is not to be sub-let. Call for more details.
MlsNumber:	LG24048401

Listing Provided By:	Surterre Properties, original listing
Name:	Surterre Properties
Phone:	(949) 717-7100
Office Name:	Surterre Properties
Office Phone:	(949) 464-3200
Agent Name:	Jace Horton
Disclaimer:	Copyright Â© 2024 California Regional 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.

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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Property Details

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Description/Comments

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HUD Foreclosures

Foreclosure Listings Increasing