Home for Sale at 513 ELIZABETH DR, NORRISTOWN, PA 19403

513 Elizabeth Dr
Norristown, PA 19403

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Property Details

List Price:	$499,000
Beds:	3
Baths:	3
Status:	Pending
SqFt:	--
Agency:	Long & Foster Real Estate

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1978
Notes:	Ease of living awaits you in this lovingly maintained bi-level home situated on a fantastic .57-acre lot in Heather Woods! The main entry leads to two distinct living spaces. The main level has a spacious living room and adjoining dining room with access from both areas to the eat-in kitchen for easy entertaining. The kitchen features plenty of cabinet storage and counter space. The primary bedroom has double closets and ensuite ceramic tile bathroom with walk-in shower. Two additional bedrooms, a linen closet and coat closet, and ceramic tile hall bath with tub shower complete this level. Two of the bedrooms are corner rooms with windows on two sides for additional natural light. Located in the second bedroom is access to a partially-floored attic for some additional storage space. The finished lower level has a family room with a wood-burning brick fireplace, a convenient half bath and laundry room, and access to the over-sized 2-car garage. From the family room, entertain family and friends on the covered patio, and enjoy the spacious level yard for summer barbecues, outdoor activities, and gardening. Keep all of your gardening tools and supplies stored in the shed at the corner of the lot. Parking is convenient in the expanded driveway that can accommodate up to 5 cars. Some additional home features: Energy Kinetics System 2000 which combines heat and hot water in one energy efficient system; baseboard hot water heat throughout the entire home perimeter; 2-zone heat; new roof installed in 2019; and vinyl clad steel siding. Located in the highly desirable Methacton School District with easy access to shopping, restaurants, parks, and major commuter routes, this home will be a great place to make new memories!
MlsNumber:	PAMC2102874

Listing Provided By:	Long & Foster Real Estate, original listing
Name:	Long & Foster Real Estate
Phone:	(888) 536-0216
Office Name:	Art Herling Team Blue Bell
Office Phone:	(888) 536-0216
Agent Name:	Mark A Cohen
Disclaimer:	Copyright Â© 2024 Long & Foster Real Estate. 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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