Home for Sale at 313 Moulton Dr., Longs, SC 29568

313 Moulton Dr.
Longs, SC 29568

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Property Details

List Price:	$384,900
Beds:	3
Baths:	2
Status:	Active
SqFt:	2436
Agency:	Real Estate By The Sea

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2017
Notes:	LARGE OPEN FLOOR PLAN!! From the minute you step inside this home, you feel the spaciousness. An open foyer area and formal dining room greet you when you first enter. You'll see the arched doorways repeated throughout this home as well as the beveled corners, a trademark of builder RS Parker homes. Custom woodwork throughout adds a beautiful touch. Two guest rooms and a guest bath have their own private wing to the left. Both bedrooms are large enough to accommodate a king sized bed. The bath has an oversized cultured marble counter-top, great for sharing. A large laundry room has room for a folding table or work sink, and leads to the two car garage where you'll find a work-bench and shelving. As you enter the family room, your eyes are drawn to the vaulted ceiling and natural light coming from the windows of the sunroom. The kitchen features plentiful cabinet space, stainless appliances, granite countertops and tile flooring. A small island with electrical outlet adds extra prep space, and the breakfast bar allows for convenient entertaining. There is an additional large casual dining space just off of the kitchen. A roomy pantry is the perfect place for kitchen storage. The master bedroom is huge with a tray ceiling, large walk-in closet and on-suite bath that features both a walk-in shower and separate soaking tub. Not one, but two vanities allow for individual space when getting ready in the mornings. A huge linen closet is a nice addition for towels and toiletries. Outside you'll find a large yard with a storage building for mowers and tools. The cute front porch is the perfect place for a couple of rocking chairs. All this in a beautiful community located just 20 minutes from North Myrtle Beach, golfing, restaurants, shopping and entertainment.
MlsNumber:	2324113

Listing Provided By:	Real Estate By The Sea, original listing
Name:	Real Estate By The Sea
Phone:	(252) 452-3083
Office Name:	Real Estate By The Sea
Office Phone:	(843) 273-4879
Agent Name:	The Britt Page Group
Disclaimer:	Copyright Â© 2024 Coastal Carolina Association of REALTORS Â®. 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