estate

New Listing! 2031 Blackberry Lane Lancaster, SC MLS 3449898 $285,900

Beautiful ranch style home with open concept and functional floor plan. Bonus 4th bedroom with full bath and walk-in closet on second floor. This home sits on a level corner lot and is loaded with custom UPGRADES not found in all similar homes. Upgraded gourmet kitchen with custom cabinets, wall oven, gas cooktop and stainless steel appliances, pendant and under cabinet lighting. Upgraded baths with porcelain tile and master garden tub. Other upgrades include plantation shutters, custom shelving, enclosed garden tub and custom paint. Enjoy the large front covered porch with views of the neighborhood park. Take advantage of the many community features including a sports complex, playground, walking trails, resort-style pool and fitness center. Minutes from Indian Land’s brand new shopping center and restaurants. Why wait to build when this home is ready for you? Schedule a showing today!

New Listing! 953 Anderson Drive Lancaster, SC MLS 3411021 $155,000

Move right in to this all brick home on the north end of town. 100% Financing Available! The open floor plan with tons of storage. Updated kitchen – huge island for cooking and entertaining. Adorable Laundry/mudroom. Keypad entry. Outdoor features include large yard, front porch and back deck. Don’t miss out on this one. Schedule a showing today!

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Open House: Saturday 6/23 12-4pm -1417 Juanita Avenue, Rock Hill SC 29730

This two-story home has 3 spacious bedrooms and 2.5 bathrooms, including a half bath downstairs and an ensuite bathroom in the master with double vanity and garden tub. Downstairs you’ll find pre-finished wood floors throughout living room, kitchen and office/flex space. Upstairs, wall to wall carpet covers the bedrooms, including the walk-in closet in the master bedroom. The entry way features a built-in beadboard mudroom area for hanging coats and storing shoes out of sight. The flex space/office has huge chalkboard accent wall for flexing your creative muscles. The kitchen has been completely updated with granite countertops, stainless steel appliances, and a custom designed kitchen island that seats 4. Back Patio, perfect for dining outside in nicer weather. You’ll love the community which has a private recreation area and the lovely Ellis Pond. This property is USDA eligible.

Contact me for more info! 803-567-LIST

Reverse Mortgages

reverse-mortgages

Reverse Mortgage – is a special kind of home loan that allows homeowners to convert a portion of the home’s equity into cash. The equity that is built up over years of making mortgage payments can be paid to the owner.

While this may be a smart option for some, reverse mortgages can be complicated and may not be the best fit for you or your loved one. Also, many people inherit property financed by a relatives reverse mortgage and are unsure how to handle the with property once the parent passes.

Here are few tips to remember when dealing with reverse mortgages:

1. Don’t allow the property to automatically revert back to the reverse mortgage company. If someone you know currently has a reverse mortgage. Make sure that there is a plan in place for the property once it is left behind.

2. Don’t lose the equity in the property. If there is still equity in the property at the the time of an inheritance; heirs can sell the property by giving back what is owed to the reverse mortgage company. The rest will become profit to those who are inheriting the home.

3. Don’t Fail to continue to pay taxes and insurance on the home. This could allow the lender to foreclose on the reverse mortgage and cause the homeowner to be forced to move.

4. Don’t let reverse mortgage companies make you feel like you are stuck. You may not be receiving as much income as expected or the monthly income does not compare to the equity that is lost. It’s not too late to eliminate the mortgage if you feel like it is not beneficial.

Do you or someone you know have questions about their reverse mortgage? Have you inherited a home with a reverse mortgage and are unsure on how to handle it? I can help! Contact me for assistance and to answer any questions you may have. (803)-567-5478 or kiswuana@ericahomes.com.