Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
361 Sweet Street Lot 4
Rembert, SC 29128
$450,000
Conventional
Property
Bedroom
1
Bathroom
2
Property Type
Conventional
Square ft
392
Property Description
Rare opportunity to own prime equestrian property, right in the heart of Rembert, SC. Fenwick farms was one of the top Thoroughbred training centers in the Carolinas. The original "racetrack section" of this farm is now being subdivided and offered in 6, individual homesites. This listing is for lot 4 that includes 12.5 acres, the original 24 stall barn complete with full 1 bedroom apartment, covered round pen and the separate office with upper viewing deck overlooking the land. The apartment has a full working kitchen, sitting area, separate bedroom and full bath. The barn is one of kind with 4 bunk rooms that were once used for the workers. Each of the rooms have their own sink and closet. A centralized gathering room provides the full bath and kitchen area for those residents. A separate building, with viewing deck, was once used for the office building. The Octagon design divides the lower space into offices with cypress walls, kitchen, and half bath. This space could easily be converted to living quarters. 5 additional homesites are available for purchase. Each homesite is a minimum of 10+ acres. Lots 1, 2 and 3 are 11 acres each with rolling pastures. Lots 5 and 6 are both around 10 acres and heavily wooded for a more private setting. This exclusive offering presents a rare chance to own a piece of equestrian history. Keep this is exactly like it is, or build your dream home in a picturesque setting!
Property Information
Lot Size
12 acre(s) square ft
Property Type
Residential
Year Built
1975
MLS Number
578472
Location
Address
361 Sweet Street Lot 4
City
Rembert
State
SC
Zip Code
29128
County
SUMTER
Listing
Provider
Keller Williams Preferred, original listing
Name
Keller Williams Preferred
Phone
(803) 602-6500
Office Name
Keller Williams Preferred
Office Phone
(803) 602-6500
Agent Name
Jeanene Campbell

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

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.