Home for Sale at 5484 Paseo Del Lago W, Laguna Woods, CA 92637

5484 Paseo Del Lago W
Laguna Woods, CA 92637

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Property Details

List Price:	$1,075,000
Beds:	2
Baths:	2
Status:	Pending
SqFt:	1669
Agency:	Century 21 Rainbow Realty

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Description/Comments

Lot Size:	1,669 sqft
Property Type:	Residential
Year Built:	1977
Notes:	Gorgeous expanded and remodeled end-unit single-level CASA ROSA situated in one of the finest premium locations in the Laguna Woods senior community far from busy roads and noisy highways. The residence sits on a gentle hillside with a tranquil panoramic tree-filled view from the back patio. This property boasts excellent curb appeal with landscaping maintained by the Mutual. A generous side lawn provides some distance from the neighboring residence. This popular floorplan offers twin primary suites with a large central living room. The expanded remodeled gourmet kitchen has an enormous amount of cabinet and countertop space and includes such features as granite countertops, high-end appliances (including an LG fridge and two-drawer Fisher & Paykel dishwasher), cabinet underlighting, a tasteful tile backsplash, spice drawer, lazy susan, wine fridge and large skylight. French doors open to a large multi-purpose bonus room with built-in cabinet storage that could serve as a den, home office, exercise room or arts and crafts studio. One bathroom features a shower/tub combo while the other has a shower with seat and convenient accessory shelf. Upgrades throughout include dual-pane windows, smooth ceilings, recessed lighting, plantation shutters, crown molding and ceiling fans in the bedrooms and sunroom, mirrored bedroom closet doors and hardwood flooring throughout (except for tile in the bathrooms). The large rear patio has been partially enclosed to create a versatile sunroom that can be enjoyed year-round as a sitting room for entertaining, dining or simply taking in the beautiful view. Part of the rear patio has been left open with exposure to fresh air and sunshine. The one-car garage with direct access to the residence via the kitchen has washer-dryer hookups, cabinet storage and epoxy flooring. There is space in the driveway for one additional vehicle. The single-loaded cul-de-sac offers lots of additional parking for guests. Do not miss this spectacular home!
MlsNumber:	OC24096963

Listing Provided By:	Century 21 Rainbow Realty, original listing
Name:	Century 21 Rainbow Realty
Phone:	(949) 206-3630
Office Name:	Century 21 Rainbow Realty
Office Phone:	(949) 770-9626
Agent Name:	Chris Framan
Disclaimer:	Copyright Â© 2024 California Regional Multiple Listing Service, Inc. 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

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