Home for Sale at 1330 Pelican Bay, Lincoln, NE 68528

1330 Pelican Bay
Lincoln, NE 68528

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Property Details

List Price:	$985,000
Beds:	4
Baths:	3
Status:	Active
SqFt:	2800
Agency:	Bergen Real Estate

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1996
Notes:	Hidden away at water's edge on a quiet cul-de-sac lies 1330 Pelican Bay Place. This property exudes charm and sophistication while offering many amenities not found elsewhere in Lincoln proper. Just steps from your front door lies a walking path near a wooded wetland that often harbors white tail deer, foxes and other wildlife. Stroll along this path at night where you will see the lights of Memorial Stadium and Nebraska's Capital building. On the other side of the house, the calming sights and sounds of Lincoln's only saltwater lake greet you. Enjoy water skiing and jet skiing? Get off work at 5 and be on the water at 5:30 on the only Lincoln lake that allows a wake. The house, a classic Mediterranean cottage of timeless style, sits on just over a third of an acre. It offers a sense of permanence with its aged terra cotta tile floors which are essentially impervious to salt and water, a tile roof, door locks imported from Italy, large windows to showcase the view, marble fireplace surround, extra wide base trim and stately columns surrounding the covered back patio where friends and family can gather for a meal. It offers a galley kitchen of fine size featuring granite countertops, indoor/outdoor space off of the garage, a lovely dining room that takes advantage of the lake view as well as a cozy formal but not too formal living room. However, you might find your favorite place to be is the expansive balcony off of the bedroom: this is a perfect place to relax with a cocktail and watch a thunderstorm or the jets coming into the airport. 1330 Pelican Bay Place, albeit far from the status quo, is awaiting your vision. Do you desire gardens, a pool, a downstairs master suite? The large lot offers plenty of room to manifest your dreams. Don't miss the opportunity to own this wonderfully unique home in a truly extraordinary location.
MlsNumber:	11278462

Listing Provided By:	Bergen Real Estate, original listing
Name:	Bergen Real Estate
Phone:	(402) 733-5513
Office Name:	Bergen Real Estate
Office Phone:	(402) 773-5513
Agent Name:	Monica Smith
Disclaimer:	Copyright Â© 2024 My State 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.

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or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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