Home for Sale at 106 Water Pointe Court, Midlothian, VA 23112

106 Water Pointe Court
Midlothian, VA 23112

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Property Details

List Price:	$272,500
Beds:	2
Baths:	2
Status:	Pending
SqFt:	1216
Agency:	Neumann & Dunn Real Estate and Development

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Description/Comments

Lot Size:	2 acre(s)
Property Type:	Residential
Year Built:	1986
Notes:	Have you ever wanted to have your primary residence feel like a vacation home all year-round? Well, look no further! With no stone left unturned, this beautifully renovated condo is 1 of only 4 units that offer a corner location on the top level providing not only spectacular views, but also a cathedral ceiling in the family room, and an additional bump out section with sliding glass doors in the dining area adding an extra 64 sq. ft. Luxury vinyl flooring greets you as you enter and you can't help but notice the flooding of natural light throughout the entire unit. With 2 bedrooms & 2 full baths along with in-unit washer & dryer, the new owner is left with nothing further to do except move-in. Both bathrooms have been updated with the primary bathroom receiving a walk-in shower, updated vanity, mirrors, lights, & new flooring. The kitchen was renovated with new flooring, widened entry, new doors on each cabinet, replacement window, new pass-through counter/bar leading to dining room, new refrigerator, dishwasher, & microwave. All sliding doors in the family room as well as primary bedrooms have been replaced & the back balcony, great for waterfront relaxing, features composite decking providing a nearly maintenance free space. An electric insert was added to the FP for year-round ambiance & the carpet is like new and provides a warmth to the living spaces & bedrooms that is unmatched. In the last 5 years both the HVAC & water heater have been replaced and in 2017 the main water supply line from the building to the curb was replaced by current unit owner. With access to the Woodlake amenities including indoor/outdoor pools, tennis, miles of walking trails (see supplement), fitness center & water/boating opportunities, along with a prime location close to shopping & restaurants, this condo literally leaves nothing left to want! Start and end your days enjoying views of the Swift Creek Reservoir and on the weekends step outside and put your own kayak in the water and you can be sure your stress level will ease.
MlsNumber:	2407997

Listing Provided By:	Neumann & Dunn Real Estate and Development, original listing
Name:	Neumann & Dunn Real Estate and Development
Phone:	(804) 754-1835
Office Name:	Neumann & Dunn Real Estate
Office Phone:	(804) 754-1835
Agent Name:	Jenny Brock
Disclaimer:	Copyright Â© 2024 Central Virginia Regional Multiple Listing Service. 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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.

USHUD.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

USHUD.com is an Equal Housing Opportunity

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