Home for Sale at 10315 Fremont Street, Yucaipa, CA 92399

10315 Fremont Street
Yucaipa, CA 92399

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Property Details

List Price:	$1,249,000
Beds:	4
Baths:	4
Status:	Active
SqFt:	3776
Agency:	Keller Williams Big Bear

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2004
Notes:	As you pull up to this home you will be taken in by the open space around you ~ From the foothill views from the front of the house to the views of snow capped mountains from the backyard, it is easy to find yourself at peace, just imagine the amazing sunrises and sunsets you will get to enjoy ~ In the backyard is your own little oasis with a pool and the jacuzzi right above creating a little waterfall into the pool and a separate waterfall feature ~ Upon entering you will fall in love with all the natural light flooding the house, the high ceilings and wide hallways ~ The kitchen has beautiful granite counter tops with matching backsplash and is open to the artisan style family room ~ The family room features a stacked stone gas fireplace for when the seasons change ~ With 4 bedrooms and 3.5 bathrooms, this is a fantastic home to raise a family, have a vacation home or retire ~ Located close to Highway 38 for easy access to the 10 freeway or heading up the mountains to Big Bear ~ Hiking, biking and equestrian trails nearby ~ Plans for vineyards and wineries to be coming to the neighborhood ~ This is a close knit community with a lot of events, art festivals, concerts in the park, movies at the park and more ~ Add in the Regional Park for fishing, camping or playing at the waterpark and you find yourself in a community that has all the benefits of a major city while still maintaining that small town charm!
MlsNumber:	32402564

Listing Provided By:	Keller Williams Big Bear, original listing
Name:	Keller Williams Big Bear
Phone:	(909) 496-9787
Office Name:	Keller Williams Big Bear - Lake Arrowhead
Office Phone:	(909) 866-4949
Agent Name:	Will Rahill
Disclaimer:	Copyright Â© 2024 Big Bear 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.

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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Property Details

Map Details Show Map | Show StreetView

Description/Comments

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HUD Foreclosures

Foreclosure Listings Increasing