Home for Sale at 7 Wood Duck Circle, Sandown, NH 03873

7 Wood Duck Circle
Sandown, NH 03873

« Prev

Property Details

List Price:	$899,000
Beds:	6
Baths:	5
Status:	Active
SqFt:	4109
Agency:	Four Seasons Sotheby's International Realty

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	2 acre(s)
Property Type:	Residential
Year Built:	2003
Notes:	An exceptional value for a ranch-style home in a highly desirable neighborhood! The open floor plan with vaulted ceilings floods the interior with natural light, creating an extraordinary space for living and entertaining. Admire the stunning porcelain floors. A recently updated kitchen, waiting for your personal finishes. Two of the five bathrooms have been tastefully modernized, adding a fresh and contemporary vibe. Generous sized primary bedroom with a private bathroom. Appreciate the convenience of a dedicated home office and main floor laundry room. The left extended wing, originally a town approved accessory unit, can easily be reverted back or could be used as in-law space or guest suite. Enhance the potential for more multi-generational living or guest space with the second story, featuring its own bathroom and limitless possibilities - ideal for an optional in-law suite. Plenty of room to expand with finishing the unfinished bonus space on the 2nd floor. A partially finished lower level with a half bathroom, is perfect for a recreation room or gym. Even more living options with an abundance of unfinished lower level space, including full daylight doors leading to the backyard. Outside, a deck overlooks the expansive backyard, providing an inviting outdoor retreat. This home has so much potential to create your ideal home vision. Seller is offering a $25,000 credit at closing for buyers preferred improvements.
MlsNumber:	4988895

Listing Provided By:	Four Seasons Sotheby's International Realty, original listing
Name:	Four Seasons Sotheby's International Realty
Phone:	(603) 413-7600
Office Name:	Four Seasons Sotheby's Int'l Realty
Office Phone:	(603) 413-7600
Agent Name:	Sandy Jean
Disclaimer:	Copyright Â© 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.

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 -

Property Details

Map Details Show Map | Show StreetView

Description/Comments

Local Real Estate Expert

USHUD.com on the Go!

HUD Foreclosures

Foreclosure Listings Increasing