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3 Puddle Lane
Camden, SC 29020
Jeanene Campbell with Keller Williams Preferred, original listing - (803) 602-6500
$1,150,000
Conventional
Property
Bedroom
5
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
4282 Square Feet
Property Description
Whether you are looking for privacy, breathtaking waterfront views, horses or a salt water pool...this home has it all! Phenomenal 5 bedroom, custom brick home, on Hermitage Pond, with more than 4 acres, barn and fenced paddocks. This property has gone through major renovations that include the new equestrian facilities, retaining walls, in ground salt water pool, new blacked trimmed windows, brand new HVAC, all new flooring, and even a new roof! The house is perfect for entertaining with a living room/office that opens to the great room with wood burning fireplace and built-ins. The kitchen is any Chefs dream with luxury Miele induction cooktop, new granite counters and tiled backsplash, double oven, wine refrigerator and large pantry. A butlers pantry leads to the adjoining formal dining room. The main bedroom suite is on the main level with a 2nd fireplace, large walk in closet, double vanity, and french doors out to the back deck & hot tub. Looking for even more room? Head upstairs to a spacious finished Bonus/recreation room that includes a wet bar with beverage cooler. Four additional bedrooms are found on the second level as well as 2 full baths. One of the best features of this home is the outdoor living. The tiered deck features a great spot for grilling, relaxing in front of the outdoor television and a hot tub for those cool nights. Take a soak in the pool or grab a kayak and fishing pole and head out on the +/-400 acre lake. This turn-key horse farm is complete with 3 dry paddocks, a riding arena at the top of the hill, and a charming barn with 3 stalls, tack room, wash stall and fly suppression system. You really need to see this property in person to capture all of its special features, from the log cabin tree house....to the hidden secret room....you won't want to miss it!
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2002
MLS Number
--
Location
Address
3 Puddle Lane
City
Camden
State
SC
Zip Code
29020
County
KERSHAW
Listing
Name
Phone
(803) 602-6500
Office Name
Office Phone
(803) 602-6500
Agent Name
Jeanene Campbell
Agency Phone
(803) 602-6500

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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.