Home for Sale at 12118 W 82nd Terrace, Lenexa, KS 66215

12118 W 82nd Terrace
Lenexa, KS 66215

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Property Details

List Price:	$265,000
Beds:	3
Baths:	3
Status:	Pending
SqFt:	1796
Agency:	RE/MAX Realty Suburban, Inc.

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1973
Notes:	This roomy, 2-story floor plan townhome in Four Colonies in Lenexa, Kansas might be just what you are looking for. The entire main level has smooth ceilings and real hardwood floors. Enjoy cooking in your updated kitchen with a dining area and a GAS range. Enjoy the fresh springtime air on your 23x18 patio, which is surrounded by a privacy fence. Also in the patio area is an attached storage shed. On the other side of that patio is one of the lighted walking trails. There are 3 bedrooms, all on the second level, 2 full bathrooms upstairs, and 1 half bathroom (on the main level). Note the neat balcony on the primary bedroom. The basement level has an 11x11 storage room with shelves, a recreation room with fireplace, and the laundry area. For parking, there is a carport for one vehicle and plenty of surface parking, too. Enjoy Four Colonies amenities: 4 pools (1 adult), 3 clubhouses, 4 tennis courts, 2 pickleball courts, an indoor and an outdoor basketball court, childrenâ€™s play area, library, and approximately 50 acres of green area with lighted walking paths. Reasonable HOA dues include repair and replacement of roof, gutters, and downspouts, exterior paint, trash, snow on streets and cul-de-sacs, and maintenance of common areas and facilities.
MlsNumber:	2474567

Listing Provided By:	RE/MAX Realty Suburban, Inc., original listing
Name:	RE/MAX Realty Suburban, Inc.
Phone:	(913) 647-7180
Office Name:	RE/MAX Realty Suburban Inc
Office Phone:	(913) 492-0200
Agent Name:	Deb Staley Staley Schopf
Disclaimer:	Copyright Â© 2024 Heartland Multiple Listing Service. 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.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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