Home for Sale at 34-20 78th Street, Jackson Heights, NY 11372

34-20 78th Street
Jackson Heights, NY 11372

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Property Details

List Price:	$315,000
Beds:	1
Baths:	1
Status:	Active
SqFt:	--
Agency:	All Area Brokerage

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1958
Notes:	Move right in to this lovely, spacious one-bedroom home located in The Amherst Building one of the most desirable cooperatives in the heart of the Jackson Heights Historic District. This unit is the cheerful, inviting home you've been waiting for. Upon entering through the gracious foyer, you'll be met by well-maintained hardwood floors, a fully-equipped, windowed kitchen with full-size range, microwave, refrigerator, and dishwasher, and windowed bathroom. The western and northern exposures allow for pleasant, natural sunlight and the four closets provide ample room for storage. The Amherst Building is an elevator building served by a full-time porter staff, with on-site building Super and laundry facilities on premises. The co-op offers in door parking along with storage and bicycle room for a fee. The beautifully landscaped building is one of three connected by the walk-through basement. Subletting is permitted after two years' residency, with board approval. You'll love being a stone's throw from New York City's largest greenmarket in Travers Park, and nestled among wonderful boutique shops, restaurants, and grocery stores in this highly-desirable enclave. Conveniently located a few blocks from Subway lines 7, E, F, M, and R, your commute will be a breeze whether your work takes you to Manhattan, nearby airports, or elsewhere. But with neighborhood attractions as vast and varied as the offerings in Jackson Heights, you may be reluctant to go elsewhere. Enjoy your morning coffee at popular Espresso 77, savor the city's best arepas at famed Arepa Lady, sample gourmet grocery items at Lemon Farm, stock up on fine wines at Addictive Boutique Winery, dine at The Queensboro, or pop into Jackson Diner for a late night, This neighborhood has it all the only thing missing is you!
MlsNumber:	3506548

Listing Provided By:	All Area Brokerage, original listing
Name:	All Area Brokerage
Phone:	(718) 721-0707
Office Name:	All Area Brokerage Inc
Office Phone:	(212) 721-0707
Agent Name:	Christopher DeSilva
Disclaimer:	Copyright Â© 2024 OneKey MLS. 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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