Home for Sale at 928 VERSAILLES CIRCLE, MAITLAND, FL 32751

928 Versailles Circle
Maitland, FL 32751

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Property Details

List Price:	$2,750,000
Beds:	6
Baths:	6
Status:	Pending
SqFt:	5245
Agency:	Charles Rutenberg Realty Orlando LLC

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Description/Comments

Lot Size:	3 acre(s)
Property Type:	Residential
Year Built:	1991
Notes:	Under contract-accepting backup offers. Exquisite Estate on Lake Minnehaha! This stunning residence features over 5,000 square feet of living space and is perfectly positioned along the shores of Lake Minnehaha on the famed Winter Park Chain of Lakes. This 6 bedroom, 5 full bath plus 1 half-bath home offers the perfect setting for relaxation and enjoying the sunshine. As you enter, you are greeted by the grand staircase and the soaring two-story ceilings. Off the foyer, there is a den/office, half bath for guests, and a large dining room to host all the holiday gatherings. The main living areas and the owner's retreat offer breathtaking views of the lake from the oversize lot, providing added privacy. The home is beautifully appointed with a spacious kitchen featuring stainless steel appliances, granite countertops, large island, a vegetable sink, and a walk-in pantry. The kitchen overlooks the family room which includes a tranquil gas fireplace. The open floor plan, with vaulted ceilings, includes wood floors downstairs and wood flooring throughout most of the home. The master bedroom, located on the 1st floor, overlooks pool and lake to watch the sunrises. There are 4 bedrooms upstairs with 2 Jack & Jill bathrooms. Additionally upstairs, there is a loft area and a bonus/play room. Ample storage and closets throughout the house. 3-car oversized garage with ample space for a workbench and toy storage. The property features a lovely pool, spa and a dock, where you can soak in the beautiful views. Cook meals in the summer kitchen and enjoy breakfast the lanai watching the most amazing sunrises. With over 170 feet of shoreline and a private boat dock with a boat lift, there is sure to be endless hours of fun on the water. Circle driveway and ample onsite parking. Note* APROX. 1 acre of dry land.
MlsNumber:	O6163834

Listing Provided By:	Charles Rutenberg Realty Orlando LLC, original listing
Name:	Charles Rutenberg Realty Orlando LLC
Phone:	(407) 622-2122
Office Name:	CHARLES RUTENBERG REALTY ORLANDO
Office Phone:	(407) 622-2122
Agent Name:	Ashley Jacobs
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.

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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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