Home for Sale at 565 S Main Street, Naperville, IL 60540

565 S Main Street
Naperville, IL 60540

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Property Details

List Price:	$850,000
Beds:	4
Baths:	3
Status:	Pending
SqFt:	2670
Agency:	Digital Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1910
Notes:	Nestled in the heart of Downtown Naperville, amidst the quintessential charm of Main Street USA, lies a treasure of yesteryears - a traditional Sears house steeped in over a century of history and allure. Behold its timeless elegance, brimming with character and adorned with the exquisite craftsmanship of bygone eras. Step inside to discover a symphony of old-world woodwork, boasting majestic 9-inch moldings that whisper tales of days gone by. Yet, amidst this heritage, a harmonious blend of past and present awaits. A recent addition beckons with the allure of modernity, offering a sanctuary of contemporary comforts. Here, beneath vaulted ceilings adorned with skylights, a family room invites gatherings and moments of serenity. A kitchen adorned with a Viking range stands as a testament to culinary excellence, while updated plumbing and electrical systems ensure seamless functionality. Outside, a haven of tranquility awaits. Whether upon the welcoming embrace of the front porch or the intimate allure of side porches and decks, bask in the simple pleasures of outdoor living. Just moments away, the vibrant pulse of downtown beckons, with its eclectic array of restaurants, the allure of the high school, the serene beauty of the beach, and the enchanting serenity of the riverwalk. In this cherished abode, where history and modernity intertwine, seize the opportunity to embrace the timeless allure of Downtown Naperville living at its finest.
MlsNumber:	12019039

Listing Provided By:	Digital Realty, original listing
Name:	Digital Realty
Phone:	(630) 428-7979
Office Name:	Digital Realty
Office Phone:	(630) 428-7979
Agent Name:	Kenneth Carn
Disclaimer:	Copyright Â© 2024 Midwest Real Estate Data, LLC. 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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