Home for Sale at 602 SE 47TH LOOP, OCALA, FL 34480

602 Se 47th Loop
Ocala, FL 34480

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Property Details

List Price:	$1,495,000
Beds:	5
Baths:	5
Status:	Active
SqFt:	4440
Agency:	Busch Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2007
Notes:	The luxury home you have been looking for. 4440 SF 5 Bedroom 5 Bath with spacious impressive living room, family room, kitchen, and bonus room with full bath and vanity. From the massive entry your Private office is to the right and the spacious formal dining room with cherry floors and ornate chandelier. Soaring, ornate ceilings with upgraded impressive light fixtures throughout this fine home. Kitchen has upgraded appliances , six burner gas range with oven and additional wall oven and microwave, wine fridge, bar seating for 8 and island. Generous Wood Cabinetry and pantry for the well stocked kitchen. Butlers pantry room off dining and kitchen offers efficient catering for entertainment of guests. Large open family room with lots of light and built in cabinetry, entertainment center. Tile floors through out except master bedroom offers the quietness of carpeted flooring and extended sitting area for library, exercise, or nursery. Master bath features jacuzzi jetted tub, dual shower heads and glass block. Spacious his and hers closets with high quality built-ins. Triple split plan generous size bedrooms. One bedroom has it's own bath and pocket door for privacy and own entrance to patio, ideal for guests or in-law quarters. Stairway to Bonus room 14 x 25 ft 8" can be a theatre room, hobby room or bedroom, with bar counter and full bath. Huge screened lanai back patio can be adorned with plants, fountains for ideal outdoor relaxing area. Make your own tropical custom paradise in this 51'1-" x 35'8" area with outdoor kitchen. Privacy is yours in this back yard. Your luxury home is on a lush .98 acre landscaped yard in the Laurels at Bellechase. It would my pleasure to show you this home you will want to call yours.
MlsNumber:	OM676824

Listing Provided By:	Busch Realty, original listing
Name:	Busch Realty
Phone:	(352) 690-1909
Office Name:	BUSCH REALTY
Office Phone:	(352) 690-1909
Agent Name:	Lori Busch
Disclaimer:	Copyright Â© 2024 Stellar MLS. 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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