Home for Sale at 2221 Lori Lane, Schererville, IN 46375

2221 Lori Lane
Schererville, IN 46375

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Property Details

List Price:	$449,900
Beds:	4
Baths:	3
Status:	Pending
SqFt:	4201
Agency:	Advanced Real Estate LLC

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1990
Notes:	Absolutey stunning describes this fabulous well appointed 4 bedroom 3 bath two story home in meticulous condition with all the updates already completed! What a great location, tucked away in a quiet cul de sac but close to schools, shopping and commuting access. Super curb appeal with fantastic perennials and gardens front and back add to this unique setting. Enter into a a spacious foyer with hardwood floors and step into a huge living room with loads of natural light which opens to a dining room large enough for any holiday gathering. The totally updated kitchen offers high end cabinets, many with glass fronts, granite countertops, stainless appliances, hardwood floors, pantry, recessed and under cabinet lighting and a great island for additional seating! Additional space offers a dinette area which has wonderful views of the gorgeous no maintenance 30x20 deck and beautifully landscaped back yard. The kitchen is also open to a spacious family room with bow windows and a french door for access to the deck and is highlighted by a brick fireplace and mantle. You also have the convenience of a beautifuly remodeled half bath on this level along with a main level laundry room. Upstairs offers a large master suite bedroom with 3/4 bath and 3 additional large bedrooms, one with double closets and an additional fully remodeled bath. The lower level recreation room is complete with a pool table/game area, wet bar and a full room length storage closet. Just some of the many updates in this wonderful home include all new windows & exterior doors, new kitchen and baths, new siding, new carpeting upstairs, new window treatments, newer Trex decking. The home is neutrally decorated, has all 6 panel doors, and the additional 80x40 out lot across the street is included. Come see this very special home!
MlsNumber:	803964

Listing Provided By:	Advanced Real Estate LLC, original listing
Name:	Advanced Real Estate LLC
Phone:	(219) 746-2693
Office Name:	BHHS Executive Realty
Office Phone:	(219) 663-1986
Agent Name:	Colleen Ehrenzeller
Disclaimer:	Copyright Â© 2024 Greater Northwest Indiana 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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