Home for Sale at 50060 Blackbeards Court, Frisco, NC 27936

50060 Blackbeards Court
Frisco, NC 27936

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Property Details

List Price:	$1,050,000
Beds:	5
Baths:	4
Status:	Active
SqFt:	2370
Agency:	Colony Realty Corp

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Description/Comments

Lot Size:	7,500 sqft
Property Type:	Residential
Year Built:	--
Notes:	It's all about the views! Welcome to your dream home in the sought after Hatteras Island neighborhood of Brigands Bay, Frisco, NC. This beautiful and well-maintained 5-bedroom, 3.5-bath sound-front home is a beauty. The top floor boasts a large open-concept design with an updated kitchen, dining area, and family room, perfect for entertaining and creating lasting memories. Enjoy the convenience of an in-home elevator which provides service from the driveway level, making every floor easily accessible for all. Relax on the rooftop deck, taking in panoramic views of the Pamlico Sound, or unwind in the screened-in porch, ideal for enjoying the serene surroundings. The large top floor master suite offers a luxurious private retreat with ample space and comfort. This home features a tankless hot water heater. Expansive decks on every level overlook the tranquil sound providing the perfect setting for outdoor dining, lounging, and soaking in the natural beauty. The private boat dock, complete with boat lift, invites you to explore the waterways, making it perfect for boating enthusiasts. This beautiful home includes an irrigation system to keep your lawn looking lush and green all summer. The second level sound side deck is wired and reinforced ready for that hot tub and the ground floor level has been framed to easily be converted to a game room if so desired, With its blend of luxury, comfort, and coastal charm, this sound-front home in Brigands Bay is an exceptional find whether you're looking for a second home, investment property , or a forever home here at the beach. Don't miss the opportunity to make this stunning property your own and enjoy the best of Outer Banks living!
MlsNumber:	125928

Listing Provided By:	Colony Realty Corp, original listing
Name:	Colony Realty Corp
Phone:	(252) 216-7807
Office Name:	Colony Realty Corp - Frisco
Office Phone:	(252) 216-7807
Agent Name:	Vicki Langhel
Disclaimer:	Copyright Â© 2024 Outer Banks Association of Realtors Â®. 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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