Home for Sale at 8728 Norstum Dr, Pensacola, FL 32514

8728 Norstum Dr
Pensacola, FL 32514

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Property Details

List Price:	$345,900
Beds:	3
Baths:	2
Status:	Active
SqFt:	1863
Agency:	Levin Rinke Resort Realty

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2007
Notes:	PRICE ADJUSTED! Updated and pristine home with 2022 Roof, 2022 40 gal Water Heater, 2022 Kitchen Appliances including gas stove, dishwasher, microwave, refrigerator and disposal, New garage door opener, New light & bright plank flooring, Freshly painted with designer painted accent walls too - so why wait for new construction when you can have better than new and in a fabulous location! This home is close to shopping, hospitals, parks, restaurants and is 7 minutes to I10. When you arrive, you will notice the welcoming front porch and then when you walk inside sunlight streams through the many windows warming the spacious formal living and dining areas. High ceilings and archways lend to the open, yet cozy floorplan. The meticulously decorated rooms will make you feel like you are in a model home - but youâ€™re not. There is tons of storage space with a coat closet - not that we wear coats here in NW Florida very often - linen closet and walk in kitchen pantry. Walk through the arched doorway to the kitchen which features a breakfast nook overlooking the back covered patio, wood cabinets, under cabinet lighting, coffee bar with shelving and an island with breakfast bar overlooking the greatroom. Unwind by the cozy fireplace, perfect for chilly Florida nights. Step outside to your private fenced back yard - with the perfect spot for a garden and is ideal for barbecues or quiet relaxation. The main bedroom is off the breakfast nook and has a boxed ceiling & large walk in closet - and the bath has separate shower, double vanity and garden tub. The spacious 2-car garage has pull down attic stairs and lots of built in cabinets and shelving for extra storage. The quiet street is not a through street and there are underground utilities with AT&T fiber. With convenient access to Pensacola's best beaches, shops, and dining, this delightful haven awaits your Florida dreams. Don't miss out!
MlsNumber:	640369

Listing Provided By:	Levin Rinke Resort Realty, original listing
Name:	Levin Rinke Resort Realty
Phone:	(850) 916-5050
Office Name:	Levin Rinke Realty
Office Phone:	(850) 916-5050
Agent Name:	Lynn Peters
Disclaimer:	Copyright Â© 2024 Pensacola Association of REALTORS. 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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