Lake Keowee Real Estate Expert Blog Rain, Yea!
After many months of low rainfall, we’ve finally hit the jackpot around Lake Keowee. Over the past several days we’ve seen around 5 inches of rain. It’s a good start, but we’ve still a ways to go to get everything back to normal. It was kind of a bummer for the Memorial Day Weekend, but hopefully you found your way to some events to honor our men an women who died while serving the United States or did it in the privacy of your own home.
The rain didn’t put much of a damper on our week as we were able to close on a $1.55M Lake Keowee waterfront home, list a new $1.5M Lake Keowee home 366 Hideaway Cove Drive, and put a $6M+/- home under contract. I know, I know…that’s a lot of tooting you guys’ own horn, but how and where else are we supposed to let you know of our capabilities and successes so that you list your Lake Keowee property with us?
Feel free to email your answers to [email protected] or [email protected]. While your doing that ask us to come out and check out your Lake Keowee real estate so that we can let you know where things stand. We can give you insights into what maintenance may need to be done, what the current value is, etc. Oh, you can call us as well 864-270-9186.
We need more of those great Lake Keowee listings to keep the good times rolling. Contact us today and we can give you some insight into your property’s current marketability. We’d love to help! 864-270-9186 or [email protected] or [email protected].
As you compare your income to your potential housing expenses, keep in mind that your mortgage principal and interest are not your only costs. You also need to allow for any association fees, property taxes, insurance payments, etc.
Having said this, I should point out that the rules are looser than ever today. The “28 over 36” rule is no longer the ironclad guideline. Both the federal government and mortgage lenders have gotten very creative in their efforts to attract first-time buyers to the market. today, there’s a loan program out there to put all but the worst-risk people into homes. But for your own safety and confidence down the road, your best bet is to adhere as closely as possible to the above guidelines.
more next week…
Absorption Houses and Lots Apr 2026
308 Treetops Dr. Fantastic Lake Keowee waterfront home!
Home with Acreage!302 Meadowlark Ln. Big lot, close to town.