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1004 Fallon Lane
Anderson, SC 29625
$1,395,000
Conventional
Property
Bedroom
4
Bathroom
4
Property Type
Conventional
Square ft
--
Property Description
Step into the realm of refined luxury with this immaculate, custom-built residence nestled in the esteemed North Shore subdivision. Every detail of this sprawling 4000 square foot home speaks to bespoke craftsmanship and elegance. Step through the grand foyer and bask in soaring ceilings and custom features. Warm wooden doors beckon you into the first-floor office, while ample natural light dances across the flooring under the gaze of tall European windows that grace the entire home. This 4-bedroom, 3.5-bath sanctuary also boasts a generous-sized bonus room, perfect for versatile living. The heart of the home, the sleek modern kitchen, is a chef's dream, adorned with light wood custom cabinets, white counters, and a dazzling white tile backsplash. Entertain effortlessly around the expansive center island, complete with ample storage A gas stove, complemented by a convenient pot-filler fixture, awaits culinary adventures, while a large covered deck beckons outdoor gatherings. In the living room, a wide gas-lit firebox commands attention, set against an artful backdrop of light wood textured finish that extends to the soaring ceiling. As night falls, cozy up by the fire and bask in the ambiance of unrivaled comfort. Additionally, there is 1700 square feet of unfinished walk-out basement, already primed with gas, electrical, and water hookups, offering endless possibilities for customization to suit your lifestyle. Retreat to the serenity of the primary suite, where soffited ceilings and abundant natural light create an atmosphere of tranquility. The ensuite master bath is a haven of relaxation, featuring double sinks, a walk-in shower, and a contemporary rounded bathtub for indulgent pampering. The primary suite also offers a private terrace to enjoy unparalleled views of Lake Hartwell. Convenience meets sophistication with thoughtful touches throughout, including a laundry room complete with additional storage and a sink. And with all windows and doors imported from Europe, the home exudes an air of international flair and quality craftsmanship. Nestled on a sunlit, level corner lot in a highly coveted neighborhood, this residence offers the perfect blend of luxury living and convenience. Just a short 5-minute drive to the Denver Public Boat Ramp, with aerial views showcasing its proximity to Lake Hartwell, this is a rare opportunity to embrace the epitome of upscale lakeside living.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
--
MLS Number
20275027
Location
Address
1004 Fallon Lane
City
Anderson
State
SC
Zip Code
29625
County
ANDERSON
Listing
Provider
eXp Realty, LLC, original listing
Name
eXp Realty, LLC
Phone
(888) 440-2798
Office Name
EXP Realty LLC (Greenville)
Office Phone
(888) 440-2798
Agent Name
Andrew Lamkin

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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.