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214 Linkside Court
Salem, SC 29676
Trip Agerton with Justin Winter & Associates, original listing - (864) 506-6387
$1,499,000
Conventional
Property
Bedroom
4
Bathroom
Full: 4, ½: 1
Property Type
Conventional
Square ft
--
Property Description
Location, convenience, space, fully furnished, no exterior landscape or home maintenance. These are just a few of the many attributes of this charming and pristine golf cottage located adjacent to the Cliffs at Keowee Falls clubhouse. Perfect for a retreat weekend, a foursome, 4 couples or an extended vacation. The cottage features 4 master suites with private baths, 2 on main and 2 upstairs, a large great room/living room with stone fireplace and dining table that will seat up to 10, a functional kitchen, loft office, laundry room with sink, a large covered and enclosed rear porch, and a large lock off owners closet. Slate roof, high end stainless appliances, custom built-ins, wide plank floors, and covered golf cart storage areas. This cottage has the prime location with broad views overlooking the 18th green of the golf course, just steps away from the clubhouse, the community gazebo/ firepit and large putting green, wellness center, pool and racket courts. It’s the perfect location and place to entertain family or guests and to take advantage of all the club amenities, all within walking distance. The cottage is in excellent shape via both the owner’s investments and the maintenance free service provided to all units in this enclave. The owners refinished the interior hardwood floors, turned the screened porch into a multi-season room with EZ breeze windows that can be closed or opened depending on the season, updated furniture and furnishings, encapsulated the crawl space and added a dehumidifier. The exterior landscape and painting/staining of the home is managed via a separate HOA that affords drive in and drive away flexibility. This service includes all landscape services and periodic repainting/staining the exterior of the home, allowing you to enjoy the home versus working on the home or yard. HOA fee is $1,962 quarterly.
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2007
MLS Number
--
Location
Address
214 Linkside Court
City
Salem
State
SC
Zip Code
29676
County
OCONEE
Listing
Name
Phone
(864) 506-6387
Office Name
Office Phone
(864) 506-6387
Agent Name
Trip Agerton
Agency Phone
(864) 506-6387

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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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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.