Home for Sale at 374 Buffalo, Cathedral City, CA 92234

374 Buffalo
Cathedral City, CA 92234

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Property Details

List Price:	$81,400
Beds:	3
Baths:	2
Status:	Active
SqFt:	920
Agency:	Berkshire Hathaway HomeServices California Propert

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1978
Notes:	this 1978 Fleetwood model, located in Royal Palms, a friendly 55+ community with amenities to include, but not limited to: pool/spa. putting green, pickle ball/tennis, shuffleboard, clubhouse w/gym. It is configured as a 3bedroom,2bath home with home being used as a 1 bedroom w/on-suite bathroom and walk-in closet (there's also a hallway bathroom for guests) while other 2 (private, no common walls) bedrooms (each with closets) have been coverted to an office (has an exit door with ramp) and a den. Each bedroom can be converted back by reinstalling doors stored in shed. The front porch is highlighted by an ornate front door into good sized living room w/dining area. Kitchen has been updated w/newer counter top, tile back splash, newer hardware on cabinet fronts...and a large pantry. No dishwasher but plenty of space to add one under counter top near sink. The home boasts a new (2023) mini-split system that works hand in hand with existing HVAC (less than 10 years old). There is a new (2023) gas hot water heater plus a Slimline Evap cooling unit...all which help reduce utility bills. The interior of home has been freshly painted in a neutral sand color with highlight walls in a deep color brown. New wide blinds have been installed in the aforementioned den and office rooms. Other rooms contain vertical blinds. New light fixtures throughout. 3 ceiling fans. Flooring is laminate, vinyl and tile. Exterior in excellent condition (believed to have been painted in past 5 years). Low maintenance yard and great curb appeal. Home is located in the newer section of Royal Palms that's connected to sewer vs older section still under septic. Configuration of the homes on the lots of this newer section gives a more spacious feel,,just look at both sides of this house for example. Deep carport (with 2 sheds) to accommodate several cars. A seating area in back with beautiful mountain vistas. Centrally located on Date Palm Rd shopping/restaurant corridor with newest casino in valley close by. More shopping opportunities coming in new (under construction) Cathedral City Cove Shopping Center across from that new casino. Cinema and Rep Theater nearby too. This home is a fantastic opportunity to live here in this desert resort paradise full time or seasonally. There is so much for so little and move-in ready!! Won't last long. Come See. Make Offer. Space rent $810/mo.
MlsNumber:	24-376497

Listing Provided By:	Berkshire Hathaway HomeServices California Propert, original listing
Name:	Berkshire Hathaway HomeServices California Propert
Phone:	(714) 998-8810
Office Name:	Berkshire Hathaway Home Services California P
Office Phone:	(760) 564-9575
Agent Name:	Victor Minetti
Disclaimer:	Copyright Â© 2024 TheMLSCLAW. 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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