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541 Parliament Cir
Florence, SC 29501
$639,000
Conventional
Property
Bedroom
5
Bathroom
4
Property Type
Conventional
Square ft
4681
Property Description
Welcome home to the beautiful neighborhood of Hampton Pointe! This 5 bedroom, 4 bathroom home is a true stand with highly sought after features with updates around every corner! With just shy of 4,700 sq. ft. of living space, this custom built, one owner home, is sure to be love at first sight as soon as you walk through the grand front door! Upon entering the home you are greeted with soaring ceilings and a welcoming foyer that leads into the formal living and dining areas! Just through the decorative glass french doors you enter into a large open floor-plan that includes the kitchen and additional living area. This room is breathtaking with spectacular ceiling to floor windows that illuminate the most amazing natural light! The kitchen is fully updated with granite counters, tile backsplash, stainless steel appliances, and two areas perfect for counter seating. The gathering and entertaining possibilities are endless in this inviting living space. The four season sunroom is a highlight of this home that will have you ready to cozy up with the perfect book and has a gorgeous view to a peaceful and private backyard! Just off the kitchen area is a multi-purpose room that is well suited for a home office space or other endless possibilities. Also featured with this home is a large den that is ideal for a spacious and comfortable living space. The owners suite is located on the first floor and features a beautifully updated bathroom, walk-in closet, and a door with direct access to the sunroom. There are two additional bedrooms on the first floor and two additional bedrooms on the second floor. The second story bedrooms include a unique loft style as well as a spacious apartment style suite. All the bedrooms are upgraded with hardwood floors. The laundry room includes a washing sink and also additional space for a refrigerator and freezer. The second floor, 5th bedroom has a separate entrance and could be used as a guest quarters and includes a full bathroom and living area. The exterior of this home is just as fabulous as the interior! Situated on .76 acres, this large corner lot includes a fully fenced in private backyard, with a double entrance gate. The outdoor living space is highlighted with a large open deck, and pergola that is perfect for entertaining and relaxing alike! This home has been professionally landscaped and bursting with colorful curb appeal! Also featured is an irrigation well and sprinkler system, a second deck space for gathering, an exterior storage room, and a new 5 ton HVAC system (2022). The spacious driveway also includes a half circle turn around. Last but not least on the highlight list for this home is a neighborhood lake that provides private lake access to Hampton Pointe residents. This lake offers boating (kayaking, canoeing, Jon boat), fishing, and a gazebo that is the perfect setting for enjoying that great outdoors! Hampton Pointe is located on the west side of Florence and is conveniently located to the interstate, parks, golf course, shopping and dining. If you have been searching for a home with the perfect WOW factor, this is it! Don’t delay in seeing first hand all this spectacular home has to offer!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1992
MLS Number
20241615
Location
Address
541 Parliament Cir
City
Florence
State
SC
Zip Code
29501
County
FLORENCE
Listing
Provider
eXp Realty Pee Dee, original listing
Name
eXp Realty Pee Dee
Phone
(888) 440-2798
Office Name
EXP Realty LLC
Office Phone
(888) 440-2798
Agent Name
Natalie Taflinger

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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.

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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.