So we’re all set around Lake Keowee, April. We won’t be needing your precipitation of any kind thank you very much. Yet another week of rainy days on Keowee as we head into early March 2020. Some really good news was we had a beautiful weekend to enjoy. It’s amazing how excited I get these days just to see the sun. With all of this rain you get to see where the water is running into your landscaping and around your house giving you the opportunity to make some drainage adjustments when the weather gets better. The last thing you want is to have water running up against your home or causing issues on your property and sustained rain is the best time to see if it’s happening.
How was our week? Another good one as we added a nice Lake Keowee waterfront lot listing with a covered dock in place (Lot 6 Laurel Pt. at $149,000 – what a deal!) and closed on a Lake Keowee waterfront lot we’d put under contract the week prior. For the uninitiated, from list to closing in two weeks is a miracle. We are hopeful we can get a couple more properties up and running this week but the rain is going to make that difficult. No sunshine until Friday.
We’re starting to see some leaves popping out and the flowers will be around before we know it. Spring is almost here! Time to get ready for the selling season. If you are thinking about selling now is the time to get your property out there. If you are wanting a place for this summer now is the time to buy! Call us today.
There was a time in the not-so-distant past when financing the purchase of a home was relatively uncomplicated. You went to your local savings and signed up for a 30-year, fixed-rate mortgage loan.
Those days are gone, probably forever. Today, you have what seems like an endless array of choices-different rates, terms, down payments, fees, etc. (One lender told me there are literally more than 40,000 available loan options in a computer database!) So how do you pick the combination that makes the most sense for you?
Having spent many years helping buyers understand the ins and outs of financing a home, I’ve developed this guide to assist you in evaluating which mortgage is best for you. More than any other single factor, choosing the right mortgage will influence whether or not your investment is a good one. Let’s say you get a great price on a home, but you end up with a mortgage that has high fees and a high interest rate. You could see the money you saved disappear in a very short time.
Keep in mind that a great mortgage for one person may be terrible for you. Each of us has different circumstances that determine whether a particular loan is a good deal or not – whether you’re just starting out or nearing retirement, how secure your job is, how long you plan to be in the home, etc. You can be sure that the best loan for a first-time home buyer planning to move up in five years is quite different from the best loan for a couple who’s staying for the next 20 years.
More next week….
Check out the Lake Keowee Real Estate numbers for the year
