Home for Sale at 108 Rushing Creek Lane, Piedmont, SC 29673

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108 Rushing Creek Lane
Piedmont, SC 29673

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Property Details

List Price:	$298,999
Beds:	3
Baths:	2
Status:	Active
SqFt:	--
Agency:	Greenville Central Partners LLC

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	2006
Notes:	Welcome home! This charming ranch-style residence is nestled within a gated neighborhood near Powdersville amenities and SC-153. Less than thirty miles from Clemson University! Boasting three bedrooms and two bathrooms, this residence is both comfy and cozy. Upon entry, you're greeted by an inviting open concept layout that seamlessly connects the Living Room, Kitchen, and Breakfast Area, which is ideal for both relaxation and entertainment. The Living Room includes an inset wall which is the perfect spot for your entertainment cabinet, bookshelves, or television. The spacious Kitchen is a cook's delight, featuring abundant counter space, perfect for meal preparation, ample cabinet space, and a generously sized pantry closet for all your storage needs. A convenient split bedroom plan ensures restful evenings, with the Master Suite to the right of the main hall and the other two bedrooms to the left. The expansive Master Suite, includes a bay window which is perfect for a reading nook, and an ensuite bathroom which is a tranquil oasis after a long day. On the other side of the home, you will find the two additional well-appointed bedrooms which could also be used as flex spaces. Convenience is key with a walk-in laundry room just off the garage, making chores a breeze. Monthly HOA dues include lawn maintenance which means you'll have more time to enjoy your outdoor spaces. Don't miss your chance to tour this inviting property. Schedule your showing today! Tenant Occupied 24 Hour Notice.
MlsNumber:	1525199

Listing Provided By:	Greenville Central Partners LLC, original listing
Name:	Greenville Central Partners LLC
Phone:	(864) 400-4100
Office Name:	Keller Williams Greenville Cen
Office Phone:	(864) 400-4100
Agent Name:	John Bowen
Disclaimer:	Copyright Â© 2024 Greater Greenville Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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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.

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.

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