Home for Sale at 1402 GORKY LANE, WEST CHESTER, PA 19380

1402 Gorky Lane
West Chester, PA 19380

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Property Details

List Price:	$970,000
Beds:	3
Baths:	3
Status:	Active
SqFt:	3338
Agency:	RE/MAX Preferred

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2022
Notes:	Presenting one of the very few resale homes to have come on the market in the Woodlands at Greystone, Chester Countyâ€™s scenic new luxury community for the active over-55 set. Proudly conceived and constructed by NV homes, the Woodlands offers amenities for buyers seeking that elusive carefree lifestyle. Once the site of historic Greystone Hall, where the 1907 English Renaissance manor home still graces the grounds, the neighborhood boasts lakes, seven miles of walking trails and picturesque creeks, set amidst a nearly 200 acre nature preserve. The next fortunate owner of this stunning home will be sacrificing nothing when it comes to living space, abundant storage, high end finishes, scenic vistas and a supremely convenient location to all that the borough of West Chester has to offer. The popular Bennington floor plan is proudly offered here â€“ a 3 bedroom, 3 full bath, fully upgraded Craftsman-style home, situated on one of the few premium corner lots in the community, chosen for its sunrise and sunset vistas and unobstructed views in several directions. With 3,300+ sq ft of finished space, and an open floor plan suited either for entertainment or family enjoyment, â€œdownsizingâ€ never looked so good. Without hesitation, this could truly be described as a model home. With nearly $125,000 in upgrades, amenities, and lot premium (and those are 2021 prices), no expense was spared in creating this incredible home. A unique benefit exclusive to the Woodlands community is the distinctive and centrally located Community Center; enjoy the pool, hot tub, tennis and pickleball courts, pickleball, bocce, yoga studio. With current base and upgrade prices, as well as the premium for a comparable lot, the replacement cost for this Bennington home is just under $1.1MM. Donâ€™t wait 6-8 months to build --1402 Gorky Lane is ready for a quick move-in.
MlsNumber:	PACT2052756

Listing Provided By:	RE/MAX Preferred, original listing
Name:	RE/MAX Preferred
Phone:	(610) 325-4100
Office Name:	RE/MAX Preferred - Newtown Square
Office Phone:	(610) 325-4100
Agent Name:	KATHLEEN Wilkin
Disclaimer:	Copyright Â© 2024 Bright 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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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