As we transition from fully fledged summer to summer with the first thoughts of fall coming on we’d expect to see a bit of a slowdown. It hasn’t happened yet. Lake Keowee real estate continues to be a hot commodity. There are plenty of folks in the market and plenty of properties going under contract.
To that end, we’ve been able to put a Keowee Key Condo, Lake Keowee waterfront lot and a Lake Keowee interior home with boat slip under contract over the past week. We’ve also been able to close another 3 sides this week which includes a Lake Keowee interior home with boat slip and Lake Keowee interior lot with boat slip. Just goes to show there are a lot of different property options on Keowee and we can sell you (or sell your) any of them.
Let’s not let a little thing like Fall on the way stop you from getting your Lake Keowee real estate sold this year! You’ve enjoyed the summer, now let someone else carry the costs through the winter! We can happily sell you a new Lake Keowee home or lot next Spring!!!
Choosing the right mortgage will affect your very financial future. Here’s vital information to help you weigh your options and make a sound decision.
An Insider’s Guide to Understanding Mortgage Loans
Which loan is right for you?
Fixed-Rate Mortgages – People usually opt for a fixed-rate loan for the security it offers. You know exactly what you’ll be paying each month for the life of the loan. If interest rates fall, you can refinance at a lower rate. Lenders offering more loan programs based on fixed rates, such as lower down payments – that is, fiver percent down or less. Adjustable rate loans generally require a larger down payment. The most common fixed-rate loans are for terms of 15 or 30 years. If you can afford the shorter term, it’s a good way to build equity fast and save tens of thousands of dollars over the life of the loan. (However, I can show you how it will be a more savvy move to go with a 30 year fixed and pay an extra payment each month avoe and beyond your established mortgage payment. Just be sure to indicate your extra payment is for principal paydown only, not interest. This way you could even pay off your mortgage sooner than 15 years and save tens of thousands of dollars. you also have the “safety net” of paying your lower established mortgage payment should things get tight one month.)
