Lake Keowee Real Estate Expert Blog Gorgeous!

The weather around Lake Keowee has been spectacular! Mostly clear skies with high temperatures in the 70’s. Perfect days to get out on Lake Keowee then maybe hit the golf course or vice versa. I’ve been out on the range trying to knock the rust off with a lot of other folks (just like the Tinman, I need the old oil can!). It’s the time of year where your body feels the excitement of spring and the expectation of summer fun. What a great time to be selling Lake Keowee real estate!

Over the past week we’ve been able to close on one house and a Cliffs Springs lot. We’ll close on another Lake Keowee waterfront home and lot over the next few days. We’ve just added a spectacular home in Beacon Shores, 519 Beacon Shores Drive, and have a line on another Lake Keowee interior lot that we plan to add to the inventory very soon. That’s the kind of busy we love. Just need to keep it moving!

The broken record continues, we need more inventory. Especially as we get into the buying season. We need your help. If you’ve been thinking about selling, now is an excellent time to do so. Presidential elections are coming up so who knows what the future holds. May be time to turn that Lake Keowee property into cold hard cash!

Home Buyers: A Critical Guide To Home Loans:

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

Don’t get stung by unexpected fees

One of the most common errors I’ve seen borrowers make is in not considering the various fees they will end up paying in figuring out the final cost of a home. Let’s take a look at what you can expect.

Tips for the best deals

Now that you know a little more about mortgages and where they come from, I’ll share with you my tips for getting the best deal and saving yourself a lot of headaches in the process.

Private Mortgage Insurance (PMI) – Private mortgage insurance is required by the lender on loans with down payments of 10% or less. The cost can run from one-third of a percent to 1 percent monthly. Once your equity reaches 20-25 percent, you may be able to cancel your insurance. While some look at this required insurance as a nuisance, without it, there wouldn’t be loan options with only 3% down or 5% down – all loans would probably require the more restrictive 20% down.

more next week….

Check out the Lake Keowee Real Estate numbers for the year

Absorption Houses and Lots March 2024

Year End Numbers 3 31 24

Lake Keowee Area News Corner

Full-moon fever: Timing ideal to start hunting for bream beds

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519 Beacon Shores Dr.