Home for Sale at 45w588 N Serosun Farms Lane, Hampshire, IL 60140

45w588 N Serosun Farms Lane
Hampshire, IL 60140

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Property Details

List Price:	$949,900
Beds:	4
Baths:	5
Status:	Active
SqFt:	3905
Agency:	TARABEIN INC. D/BA RE/MAX AT HOME

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2015
Notes:	Experience luxury living and stunning scenic countryside at this modern 4 bedroom and 4.1 bathroom farmhouse with a 3 car garage nestled on an acre in the Serosun Farms community. The spacious and open floor plan has an expansive living area perfect for entertaining. This home showcases a two story great room with a floor to ceiling stone fireplace, numerous windows throughout allowing natural light to flood the home, gorgeous wooden ceiling beams, and a wet bar with a wine fridge and sink. Attached you will find a breathtaking gourmet chef's kitchen featuring top of the line Wolf and Sub-Zero appliances, custom cabinetry, and a grand butcher block island with additional cabinet space, and refrigerated drawers.The master bedroom suite is located on the main level and is a true retreat, featuring a luxurious spa-like bathroom with a soaking tub, a walk-in shower and dual vanities. There is an additional bedroom on the main level with a full en suite. Spacious laundry room which features Asko appliances and a farmhouse style sink. On the second level you will find another spacious bedroom with vaulted ceilings and gorgeous views of the rooftop garden. Also on the second level there is a large loft that is perfect for a home office or additional bedroom, as well as, a full bathroom. Full basement is the perfect entertaining space featuring finished concrete floors, a spare bedroom with a shared bathroom, and a large closet for any storage needs. Expansive wrap around porch where you can sit and enjoy the views of the pond and landscape. Additional features of this incredible home include an onsite state of the art Equestrian Center, community garden, complete home automation system, Geothermal heating and cooling, bamboo flooring, Kohler plumbing, Anderson doors and windows, metal roof and numerous high efficiency systems. Located just outside of the charming Hampshire downtown and near I-90 and Rt 47. Don't miss your chance to own this spectacular estate. Schedule a showing today!
MlsNumber:	11755487

Listing Provided By:	TARABEIN INC. D/BA RE/MAX AT HOME, original listing
Name:	TARABEIN INC. D/BA RE/MAX AT HOME
Phone:	(847) 255-1000
Office Name:	RE/MAX At Home
Office Phone:	(847) 255-1000
Agent Name:	Pawel Ciezobka
Disclaimer:	Copyright Â© 2024 Midwest Real Estate Data, LLC. 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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