DontRenew.com http://dontrenew.com/wordpress Real Estate Information Blog for Renters and New Home Buyers - Charleston, SC Tue, 15 Jul 2008 00:50:27 +0000 http://wordpress.org/?v=2.5.1 en Newest Rent to Own Listings - Call with Questions http://dontrenew.com/wordpress/archives/50 http://dontrenew.com/wordpress/archives/50#comments Tue, 15 Jul 2008 00:50:27 +0000 George http://dontrenew.com/wordpress/?p=50  

GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

508 PARKDALE DR., #B CHARLESTON, SC 29407 LP: $239,900
MLS#: 2810821 - RES Status: Active
Area: (12) CHS-W.Ashley outside I-526 to Rantowles
Municipality: (11) CITY OF CHARLESTON
Kind: Townhouse
Bedrooms: 3 Apx SqFt: 1,476
Bths Ful/Hlf: 2/1 Tax Map#: 310-11-00-155
Stories: 2 Story Apx YrBlt: 2008
Address: 508 PARKDALE DR., #B
City: CHARLESTON Zip: 29407
Lot Size: 2928 FT. Acres: 0.07
Subdiv: WALLACE CREEK VIEW Subsec:
Grade Sch: OAKLAND Middle Sch: ST ANDREWS
High Sch: WEST ASHLEY New/Owned: Undr Constrc
Legal Desc: unit b
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Style: Traditional Fireplace: Living Rm, Gas Logs, One Special:
Roof: Asphalt Shng Foundation: Basement, Elev Construction Floors: W/w Carpet, Ceramic Tile, Vinyl
Cooling: Central Heat: Heat Pump, Electric Utilities: SCEandG, Chas Water Sys
Parking: 1 Car Garage, Attached        
Auction: N Auction Type: Reserve Amt:
Lot Desc: Level, Marshfront, Wetlands
Exterior: Block/Masonry, Stucco, Cement Plank
Master BR: Upstairs, Multpl Clset, Ceiling Fan
Other Rms: Eat-in Kitch, Lr/dr Combo, Pantry, Laundry, Utility
Misc. Int: Smooth Ceil
Wat/Sew: Public Water
Amenities: Cable Avail, Trash Pickup
Appliances: Elect Range, M/w Built-in, Dishwasher, Washer Conn, Dryer Conn, Gar Dr Openr, Garbage Disp, Ceiling Fan
Directions: from Downtown take 17S - left on Parkdale by Acura dealership. Homes will be ahead on left.
Remarks: New construction townhomes on marsh with dock. - Excellent location minutes to Citadel Mall, dining and much more. Minutes to historic downtown Charleston. Homes will include gas fireplaces, garage, rear deck and marshviews. Appraised at 300,000.00 Owner will consider Rent to own.
If square footage is important - MEASURE!!
Lease/Pur: Y Financing: Any    
Taxes: HOA Fee: $50 Monthly Regime Fee:
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

2019 WOODLAND SHORES RD JAMES ISLAND, SC 29412 LP: $167,500
MLS#: 2730189 - RES Status: Active
Area: (21) CHS-James Island
Municipality: (24) JAMES ISLAND
Kind: Sngl Fam Det
Bedrooms: 3 Apx SqFt: 907
Bths Ful/Hlf: 1/0 Tax Map#: 343-16-00-010
Stories: 1 Story Apx YrBlt: 1942
Address: 2019 WOODLAND SHORES RD
City: JAMES ISLAND Zip: 29412
Lot Size: Acres: 0.39
Subdiv: STONO SHORES Subsec:
Grade Sch: MURRAY LASAINE Middle Sch: FT JOHNSON
High Sch: JAMES ISLAND CHARTER New/Owned: Pre-owned
Legal Desc: Part Lot 8
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Style: Traditional Fireplace: Special: Flood Ins, Handy Man Sp
Roof: Asphalt Shng Foundation: Crawl Space Floors: W/w Carpet, Wood, Vinyl
Cooling: Central Heat: Gas Utilities: SCEandG, Chas Water Sys, Jas Is PSD
Parking: 1 Car Garage        
Auction: Auction Type: Reserve Amt:
Lot Desc: Level, High, Inside
Exterior: Solid Brick
Master BR: Downstairs
Other Rms: Eat-in Kitch, Family, Laundry
Misc. Int: Other
Wat/Sew: Public Water, Public Sewer
Amenities: Cable Avail, Trash Pickup
Appliances: Gas Range, Refrigerator, Dishwasher, Washer Conn, Dryer Conn, Washer, Dryer
Directions: Maybank Highway towards Johns Island, go left on Riverland Drive. Right on Woodland Shores. Property on left.
Remarks: Major price reduction!!!! One of the least expensive houses on JI! Charming well maintained older brick home that sits on nearly 4/10 of an acre. Mature landscaping, and grand trees, with a detached garage. Some minor repairs may be necessary. Next door to the new “Cloudbreak Court” where new homes are selling for around 500k. Appreciation potential! This is a sweet deal! vacant on lockbox. Lockbox on railing by back door. New carpet to be installed. Appliances to be replaced. Rent to own a possibility as well please inquire.
If square footage is important - MEASURE!!
Lease/Pur: Y Financing: Any    
Taxes: $1,606 HOA Fee: $50 Monthly Regime Fee:
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

142 SUGARBERRY LN, #142 JOHNS ISLAND, SC 29455 LP: $249,000
MLS#: 2726187 - RES Status: Active
Area: (23) CHS-Johns Island
Municipality: (11) CITY OF CHARLESTON
Kind: Townhouse
Bedrooms: 3 Apx SqFt: 1,670
Bths Ful/Hlf: 2/1 Tax Map#: 312-11-00-142
Stories: 3 Story Apx YrBlt: 2007
Address: 142 SUGARBERRY LN, #142
City: JOHNS ISLAND Zip: 29455
Lot Size: Acres: 0.00
Subdiv: WHITNEY LAKE Subsec:
Grade Sch: ANGEL OAK Middle Sch: HAUT GAP
High Sch: ST JOHNS New/Owned: Undr Constrc
Legal Desc: LOT 142
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Style: Contemporary Fireplace: Living Rm Special:
Roof: Arcitec Shng Foundation: Slab Floors: W/w Carpet, Vinyl
Cooling: Central Heat: Heat Pump Utilities: SCEandG, Chas Water Sys, Bk Elec Coop
Parking: Off-st Prkng        
Auction: Auction Type: Reserve Amt:
Lot Desc: Level, Lakefront
Exterior: Cement Plank
Master BR: Upstairs
Other Rms: Family, Foyer, Sep Dining, Laundry
Misc. Int: 9′+ Ceilings, Smooth Ceil
Wat/Sew: Public Water, Public Sewer
Amenities: Cable Avail, Trash Pickup, Neighborhood Pool, Tennis Court, Club House, Exercise Are
Appliances: Elect Range, Dishwasher, Washer Conn, Dryer Conn, Garbage Disp
Directions: FROM JAMES ISLAND TAKE MAYBANK HWY TOWARDS JOHNS ISLAND. RIGHT ON RIVER ROAD - LEFT ON MURRYWOOD - LEFT INTO WHITNEY LAKE.
Remarks: Fully Furnished unit with tennant. Rental income $1500/month. You can purchase this unit or rent to own. Call for details. DIRECT VIEW OF 25 ACRE LAKE!!!! Whitney Lake is a master planned community located on John’s Island.The preservation of trees and lush landscaping make Whitney Lake an enjoyable and attractive place to live. Extensive efforts are made to save as many trees as possible during construction. Each phase of the community has a different landscaping concept with parks and gardens being the primary visual attributes. All landscaping is master-planned as a whole, with neighborhood centers designed around the particular landscaping or park theme. The main neighborhood center will include a lakefront beach with swimming, kayak/canoe rentals, swimming pool, tennis courts, and a clubhouse. The second neighborhood center will include a neighborhood-based retail village with a General Store. Whitney Lake, the 25-acre spring-fed focal point of the project, is within minutes walking distance of all townhomes.
If square footage is important - MEASURE!!
Lease/Pur: Financing: Any, Cash    
Taxes: HOA Fee: Regime Fee:
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

6260 BRANDT ST, #A NORTH CHARLESTON, SC 29406 LP: $99,900
MLS#: 2820430 - RES Status: Active
Area: (32) CHS-N.Chas./Summerville outside I-526
Municipality: (13) NORTH CHARLESTON
Kind: Condominium
Bedrooms: 2 Apx SqFt: 1,066
Bths Ful/Hlf: 1/1 Tax Map#: 475-16-00-307
Stories: 2 Story Apx YrBlt: 1985
Address: 6260 BRANDT ST, #A
City: NORTH CHARLESTON Zip: 29406
Lot Size: 0 Acres: 0.00
Subdiv: THE RIVERWAY Subsec:
Grade Sch: MIDLAND PARK Middle Sch: ALICE BIRNEY
High Sch: STALL New/Owned: Pre-owned
Legal Desc: Building 4 Unit A
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Style: Traditional Fireplace: Special:
Roof: Fbr Gls Shng Foundation: Slab Floors: W/w Carpet, Ceramic Tile, Vinyl
Cooling: Central Heat: Heat Pump Utilities: SCEandG, Chas Water Sys
Parking: Off-st Prkng        
Auction: N Auction Type: Reserve Amt:
Lot Desc: Level
Exterior: Brick Veneer
Master BR: Upstairs, W/i Closet, Ceiling Fan
Other Rms: Eat-in Kitch, Lr/dr Combo, Laundry
Misc. Int: Blown Ceil
Wat/Sew: Public Water, Public Sewer
Amenities: Trash Pickup, Bus Line
Appliances: Elect Range, Refrigerator, Dishwasher, Washer Conn, Dryer Conn, Ceiling Fan
Directions: Make a right onto Aichele Rd from Rivers Ave (headed towards Summerville). Make a right into The Riverway. Make a left onto Brandt St
Remarks: Cozy end unit that is available for sale or rent to own. Freshly painted, with newly cleaned carpet, this home is ready now for a new owner. Large kitchen, screen porch, laundry room and roomy living room make up the 1st floor. Low maintenance and quiet, it is close to I-26, I-526, shopping, eateries, etc.
If square footage is important - MEASURE!!
Lease/Pur: N Financing: Any    
Taxes: $432 HOA Fee: $140 Regime Fee: Monthly
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

1998 ARMORY DR MOUNT PLEASANT, SC 29466 LP: $250,000
MLS#: 2800772 - RES Status: Active
Area: (42) CHS-Mt.Pleasant South of Hwy.41
Municipality: (12) MT. PLEASANT
Kind: Sngl Fam Det
Bedrooms: 3 Apx SqFt: 1,238
Bths Ful/Hlf: 2/0 Tax Map#: 558-16-00-182
Stories: 1 Story Apx YrBlt: 1989
Address: 1998 ARMORY DR
City: MOUNT PLEASANT Zip: 29466
Lot Size: Acres:
Subdiv: WEST POINT Subsec:
Grade Sch: JENNIE MOORE Middle Sch: LAING
High Sch: WANDO New/Owned: Pre-owned
Legal Desc: Lot 61
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Style: Ranch Fireplace: Family Rm, Wood Burning, One Special: Possible Short Sale
Roof: Asphalt Shng Foundation: Slab Floors: W/w Carpet, Wood, Ceramic Tile
Cooling: Central Heat: Heat Pump Utilities:
Parking: Off-st Prkng, Other        
Auction: N Auction Type: Reserve Amt:
Lot Desc: Wooded
Exterior: Vinyl Siding
Master BR: Downstairs
Other Rms: Eat-in Kitch, Study, Great Room
Misc. Int: Cth/vlt Ceil, All Wdw Trmt
Wat/Sew: Public Water, Public Sewer
Amenities: Cable Avail
Appliances: Elect Range, Refrigerator, Dishwasher, Washer Conn, Dryer Conn, Garbage Disp, Ceiling Fan
Directions: Going N. on Hwy. 17, turn right onto the IOP connector, then take left onto Rifle Range. West Point is first subdivision on your left. Take first left onto Infantry, right onto Armory. House on left.
Remarks: *****MOTIVATED SELLER, MOVING AND NEEDS TO SELL, PLEASE SHOW. Listing is also rent to own or for rent. Possible Short Sale, please bring offers. AGENTS, YOU MUST SEE THE INSIDE OF THIS HOUSE TO APPRECIATE ALL THAT IT HAS TO OFFER.IT IS ALSO A GREAT INVESTOR PURCHASE AND CLOSE TO THE BEACHES AND CENTER OF TOWN. OWNER HAS KEPT IT IMMACULATE AND INCLUDED MANY UPGRADES. YOUR NEW HOME HAS REAL BELLA WOOD FLOORS IN THE GREAT ROOM WITH CEILING FAN,RECESSED LIGHTING, BEAUTIFUL WOODEN SHUTTERS, THAT CONVEY, LOVELY WOODEN MANTLE AND THE CEILING IS UPGRADED WITH BEAUTIFUL WIDE PLANK WOOD PANELS, MAKE SURE YOU LOOK UP.YOU HAVE TO SEE TO BELIEVE. THE MASTER BEDROOM HAS WOODEN FLOORS AS WELL AND MASTER BATH HAS NEW TOILET AND NEW VANITY. THE OTHER BEDROOM IS GOOD SIZE WITH NEW CARPET AND CEILING FAN. THE THIRD BEDROOM/OFFICE HAS SEAGRASS CARPET, A WONDERFUL BUILT IN OFFICE SPACE WITH CABLE AND PHONE AND AN EXIT TO THE OUTSIDE. THIS THIRD ROOM WAS THE GARAGE, BUT NOT ALL HAS BEEN CONVERTED. THE OWNER PUT UP A WALL WITH A DOOR AND LEFT ABOUT 10 FEET OF GARAGE SPACE FOR STORAGE AND THE GARAGE DOOR REMAINS FOR OUTSIDE APPEARANCE. THIS ROOM HAS BEEN BEAUTIFULLY REDONE TO ALSO INCLUDE A RAISED FLOOR FOR INSULATION AND THE OUTSIDE WALL HAS BEEN INSULATED AS WELL, YOU HAVE TO SEE. THIS ROOM COULD HOLD A CRIB,DAY BED OR FUTON AND IT DOES HAVE HEAT AND AIR THAT IS CONNECTED TO THE REST OF THE HOUSE. THERE IS A CLOSET BUT THE WASHER AND DRYER AND THE WATER HEATER ARE IN THE CLOSET. BUYER MIGHT BE ABLE TO RELOCATE WASHER AND DRYER INTO THE GARAGE WITH A LITTLE ADJUSTMENTS AND BOX IN THE WATER HEATER IN THE CLOSET AND HANG SHELVING AND A ROD. BUYER COULD CONVERT BACK TO GARAGE WITH REMOVAL OF DESK SPACE AND RAISED FLOOR BECAUSE THE GARAGE DOOR REMAINS ON THE OTHER SIDE OF THE WALL TO THE OUTSIDE. THE UPGRADED KITCHEN HAS CORIAN COUNTERTOPS WITH SEAMLESS DEEP SINK, UPGRADED FAUCET AND BROWN CABINETS. THE APPLIANCES, KENMORE, ARE A YEAR OLD AND THE KITCHEN FLOOR IS CERAMIC TILE. THERE IS ALSO A BAY WINDOW FOR YOUR TABLE. THE HOME HAS ALL NEW WINDOWS, SOLID CORE DOORS WITH NEW HARDWARE, WATER HEATER IS ONE YEAR OLD, ROOF IS IN REALLY GOOD SHAPE, AIR HANDLER IS FIVE YEARS OLD AND CONDENSOR IS SIX YEARS OLD. ALL IN GOOD SHAPE BUT SELLER STILL OFFERING A HOME WARRANTY TO BUYER.THE BACK YARD IS REALLY LARGE AND BUFFERED WITH TREES AND COMPLETELY FENCED WITH A PICKET FENCE AND PRIVACY FENCE. THIS COMMUNITY HAS SIDEWALKS FOR STROLLING IN THE AFTERNOON AND A STRONG HOA ESTABLISHED AND IT SHOWS! COME SEE THIS HOUSE TODAY!!!
If square footage is important - MEASURE!!
Lease/Pur: N Financing: Any    
Taxes: $795 HOA Fee: $180 Annually Regime Fee:
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

9098 MAPLE GROVE DR SUMMERVILLE, SC 29485 LP: $155,900
MLS#: 2733403 - RES Status: Active
Area: (61) DOR-N.Chas/Summerville/Ladson Area
Municipality: (50) DORCHESTER COUNTY
Kind: Townhouse
Bedrooms: 2 Apx SqFt: 1,322
Bths Ful/Hlf: 2/1 Tax Map#: 162-16-10-074
Stories: 2 Story Apx YrBlt: 2006
Address: 9098 MAPLE GROVE DR
City: SUMMERVILLE Zip: 29485
Lot Size: 35X131 Acres: 0.11
Subdiv: THE FARM AT WESCOTT Subsec: THE ORDHARDS
Grade Sch: FORT DORCHESTER Middle Sch: OAKBROOK
High Sch: FT DORCHESTER New/Owned: New-finished
Legal Desc: LOT 43 PH 2
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Style: Contemporary, Traditional Fireplace: Special: 10-yr Warnty
Roof: Fbr Gls Shng Foundation: Slab Floors: W/w Carpet, Vinyl
Cooling: Central Heat: Heat Pump, Electric Utilities: SCEandG, Dor Water Auth
Parking: Off-st Prkng        
Auction: N Auction Type: Reserve Amt:
Lot Desc: Level, Wooded, Corner
Exterior: Vinyl Siding
Master BR: Dual Masters, Upstairs, W/i Closet, Multpl Clset
Other Rms: Eat-in Kitch, Family, Foyer, Lr/dr Combo, Pantry, Laundry
Misc. Int: Wlkin Closet, Smooth Ceil
Wat/Sew: Public Water, Public Sewer
Amenities: Cable Avail, Cent Tv Ant, Trash Pickup, Neighborhood Pool, Club House, Play Park, Exercise Are, Extra Storag, Golf, Other
Appliances: Elect Range, M/w Built-in, Dishwasher, Washer Conn, Dryer Conn, Garbage Disp
Directions: FROM DORCHESTER RD, TURN RT INTO WESCOTT PLANTATION. GO TO THE END AND VEER RT ON PATRIOT’S PKWY, TAKE A RT INTO THE ORCHARDS AND LT ON MAPLE GROVE DRIVE
Remarks: SELLER IS READY TO NEGOTIATE SO BRING ANY AND ALL OFFERS!!! YOU CAN ALSO RENT TO OWN OR LEASE THIS TOWNHOME W/OPTION TO BUY. GREAT DORCHESTER II SCHOOLS AND CLOSE TO SHOPPING, DINING AND MILITARY BASE. BRAND NEW 1322 SF “END-UNIT” TOWNHOME - THE ASHTON FLOORPLAN (NEVER BEEN LIVED IN). FEATURES LARGE OPEN FAMILY ROOM W/LOTS OF NATURAL LIGHTING AND A SOLID WOOD STAIRCASE. THE KITCHEN HAS UPGRADED MAPLE CABINETS AND BRAND NEW APPLIANCES. UPSTAIRS YOU HAVE 2 MASTER SUITES WITH OVERSIZED SHOWER/TUB COMBOS PLUS MARBLE VANITIES. THE LOT IS PRIVATE AND WOODED & REMEMBER IT’S AN END UNIT W/EXTRA STORAGE!!! GREAT AMENITIES: GOLF AT THE PUBLIC GOLF COURSE PLUS NEIGHBORHOOD AMENITIES INCLUDE A SWIMMING POOL, FITNESS CENTER, CLUBHOUSE, BOAT STORAGE, WALKING TRAILS AND CHILDREN’S PLAYGROUND. ALSO FOR RENT ON THE MLS AT $900/MONTH. BUYER MUST SUBMIT A PRE-APPROVAL LETTER WITH ALL OFFERS.
If square footage is important - MEASURE!!
Lease/Pur: Y Financing: Any    
Taxes: $2,570 HOA Fee: $400 Regime Fee: $800
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

4810 WILLOW BROOK LN SUMMERVILLE, SC 29485 LP: $155,900
MLS#: 2733479 - RES Status: Active
Area: (61) DOR-N.Chas/Summerville/Ladson Area
Municipality: (50) DORCHESTER COUNTY
Kind: Townhouse
Bedrooms: 2 Apx SqFt: 1,322
Bths Ful/Hlf: 2/1 Tax Map#: 153-13-11-006
Stories: 2 Story Apx YrBlt: 2006
Address: 4810 WILLOW BROOK LN
City: SUMMERVILLE Zip: 29485
Lot Size: 18X116 Acres: 0.05
Subdiv: THE FARM AT WESCOTT Subsec: THE ORCHARDS
Grade Sch: FORT DORCHESTER Middle Sch: OAKBROOK
High Sch: FT DORCHESTER New/Owned: Pre-owned
Legal Desc: LOT 129 PH II
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Style: Contemporary, Traditional Fireplace: Special: H/o Pro Plan
Roof: Fbr Gls Shng Foundation: Slab Floors: W/w Carpet, Wood, Vinyl
Cooling: Central Heat: Heat Pump, Electric Utilities: SCEandG, Dor Water Auth
Parking: Off-st Prkng        
Auction: N Auction Type: Reserve Amt:
Lot Desc: Level, Inside
Exterior: Vinyl Siding
Master BR: Dual Masters, Upstairs, Multpl Clset
Other Rms: Family, Sep Dining, Pantry, Laundry, Utility
Misc. Int: Wlkin Closet, Cth/vlt Ceil, Smooth Ceil
Wat/Sew: Public Water, Public Sewer
Amenities: Cable Avail, Cent Tv Ant, Trash Pickup, Neighborhood Pool, Play Park, Exercise Are, Extra Storag, Golf
Appliances: Elect Range, M/w Built-in, Dishwasher, Washer Conn, Dryer Conn, Garbage Disp
Directions: DORCHESTER RD TO WESCOTT PLANTATION. GO TO THE END AND VEER TO THE RIGHT ONTO PATRIOT’S PKWY, LEFT INTO THE ORCHARDS, RIGHT ON MAPLE GROVE DR, LEFT ON WILLOWBROOK DR
Remarks: GOING…GOING…AND AT THIS PRICE IT WILL BE GONE REAL SOON. BRING YOUR BUYERS AND MAKE US AN OFFER…SELLER IS MOTIVATED AND READY TO NEGOTIATE. YOUR BUYERS CAN RENT TO OWN OR LEASE W/OPTION TO BUY…WE WILL MAKE IT WORK FOR YOU!!! WONDERFUL 2BR 2.5BA “BROOKSHIRE” TOWNHOUSE FEATURING A SPACIOUS FAMILY ROOM AND SEPARATE DINING ROOM. THE LARGE MASTER SUITE OFFERS A PRIVATE BATHROOM WITH A TUB/SHOWER COMBO, DUAL CULTURED MARBLE VANITIES AND “HIS AND HER” CLOSETS. THE SECOND BEDROOM HAS ITS VERY OWN PRIVATE BATHROOM AND THE LAUNDRY ROOM IS UPSTAIRS ALSO. THE KITCHEN HAS ALL NEW APPLIANCES AND A SEPARATE PANTRY. THIS TOWNHOME COMES WITH 2 OFF-STREET REAR ENTRY PARKING SPACES AND THE OUTDOOR PATIO IS VERY PRIVATE. LANDSCAPING WATERING AND MAINTENANCE ARE INCLUDED IN YOUR REGIME FEE. GREAT DORCHESTER II SCHOOLS AND WESCOTT PLANTATION HAS FANTASTIC AMENITIES INCLUDING A SWIMMING POOL, FITNESS CENTER, CLUBHOUSE WHICH CAN BE USED FOR PRIVATE PARTIES, CHILDREN’S PLAY PARK, WALKING/JOGGING TRAILS AND THERE’S ALSO A PUBLIC GOLF COURSE IN THE NEIGHBORHOOD. CLOSE TO NEARBY SHOPPING & DINING AND MINUTES FROM THE MILITARY BASE. NOTE: THE TENANTS HAVE JUST MOVED OUT AND THE OWNER IS IN THE PROCESS OF CLEANING THE CARPETS AND DOING SOME TOUCH-UP PAINTING. HURRY BEFORE THIS ONE GETS SPOKEN FOR.
If square footage is important - MEASURE!!
Lease/Pur: Y Financing: Any    
Taxes: $2,570 HOA Fee: $400 Annually Regime Fee: $800 Annually
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

8681 ARTHUR HILLS CIR NORTH CHARLESTON, SC 29420 LP: $489,900
MLS#: 2812794 - RES Status: Active
Area: (61) DOR-N.Chas/Summerville/Ladson Area
Municipality: (50) DORCHESTER COUNTY
Kind: Sngl Fam Det
Bedrooms: 4 Apx SqFt: 3,432
Bths Ful/Hlf: 2/1 Tax Map#: 172-05-06-003
Stories: Multi Story Apx YrBlt: 1993
Address: 8681 ARTHUR HILLS CIR
City: NORTH CHARLESTON Zip: 29420
Lot Size: 110X140X80X140 Acres: 0.31
Subdiv: COOSAW CREEK COUNTRY CLUB Subsec:
Grade Sch: EAGLE NEST Middle Sch: RIVER OAKS
High Sch: FT DORCHESTER New/Owned: Pre-owned
Legal Desc: Lot 35, Phase 1B
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Style: Colonial, Traditional Fireplace: Great Rm Special:
Roof: Arcitec Shng Foundation: Crawl Space Floors: W/w Carpet, Wood, Ceramic Tile
Cooling: Central Heat: Heat Pump Utilities: SCEandG, Dor Water Auth
Parking: 2 Car Garage, Attached, Off-st Prkng        
Auction: N Auction Type: Reserve Amt:
Lot Desc: Cul-de-sac, On Golf Crse
Exterior: Solid Brick
Master BR: Upstairs, Sitting Room, W/i Closet, Ceiling Fan
Other Rms: Eat-in Kitch, Frmal Living, Foyer, Sep Dining, Great Room, Sun, Pantry, Laundry, Loft
Misc. Int: All Wdw Trmt, Some Wdw Trt, Blown Ceil, Kitchen Island
Wat/Sew: Public Water, Public Sewer
Amenities: Sec. Grd/sys, Cable Avail, Trash Pickup, Neighborhood Pool, Tennis Court, Club House, Play Park, Extra Storag, Golf, Clb Mshp Avl, Gated community
Appliances: Elect Range, Elec Cooktop, M/w Built-in, Refrigerator, Dishwasher, Washer Conn, Dryer Conn, Washer, Dryer, Gar Dr Openr, Garbage Disp, Ceiling Fan
Directions: Dorchester Road to Club Course Drive throught gate to second Arthur Hills Cir turn to right house on left
Remarks: Charming home on 14th green of the Coosaw Creek Golf Course. Lovely gardens of cameillas and azaleas and many other flowering shrubs. This home has had some updating and the sellers are very motivated. New hard surface kitchen counters, beautiful hardwoods in formal rooms and tile throughout other living areas. The master bedroom is quite spacious with an adjacent sitting area as well as a huge master bath and walk in closet. The secondar bedrooms are also very large and the entry way has a dual stairway satircase that leads to the entry foyer and kitchen. This home can be purchased as a lease to purchase or a rent to own. There is a $3000.000 owner equity dep to be paid at closing and refunded when the home is later sold. Coosaw requires that every homeowner be a minimum of a social member.
If square footage is important - MEASURE!!
Lease/Pur: Y Financing: Any    
Taxes: HOA Fee: $740 Annually Regime Fee:
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

309 BRANCH CREEK TRAIL SUMMERVILLE, SC 29483 LP: $395,000
MLS#: 2819381 - RES Status: Active
Area: (63) DOR-Summerville/Ridgeville Area
Municipality: (51) SUMMERVILLE
Kind: Sngl Fam Det
Bedrooms: 4 Apx SqFt: 2,713
Bths Ful/Hlf: 4/1 Tax Map#: 138-00-00-026
Stories: 2 Story Apx YrBlt: 2006
Address: 309 BRANCH CREEK TRAIL
City: SUMMERVILLE Zip: 29483
Lot Size: 52X120X52X120 Acres: 0.14
Subdiv: BRANCH CREEK Subsec:
Grade Sch: SPANN Middle Sch: ALSTON
High Sch: SUMMERVILLE New/Owned: Pre-owned
Legal Desc: Lot 5
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Style: Chas. Single, Other Fireplace: Family Rm Special:
Roof: Arcitec Shng Foundation: Crawl Space Floors: W/w Carpet, Wood, Ceramic Tile, Other
Cooling: Heat: Electric Utilities: SCEandG, S’ville CPW
Parking: Detached        
Auction: Auction Type: Reserve Amt:
Lot Desc: Level, Pond, Pond Site, Other
Exterior: Cement Plank
Master BR: Dual Masters, Downstairs, Upstairs, W/i Closet, Ceiling Fan
Other Rms: Eat-in Kitch, Family, Sep Dining, Laundry, Loft, Other, Bonus
Misc. Int: Wlkin Closet, 9′+ Ceilings, Smooth Ceil, Other
Wat/Sew: Public Water, Public Sewer
Amenities:
Appliances: Elect Range, M/w Built-in, Refrigerator, Dishwasher, Washer Conn, Dryer Conn, Security Sys, Gar Dr Openr, Garbage Disp, Satellite Dsh, Ceiling Fan, Other
Directions: From I26 take exit 199A(Summerville Exit) Make a left onto Berlin G Myers. Take a left onto HWY 78 proceed for about a 1/4 mile then take a left onto Branch Creek Trail. Home is on your left.
Remarks: WOW…What a find! For sale, Rent, or Rent to Own! This 2713sq’ Richmond floor plan from Meridian Homes has upgrades galore and sits on the neighborhood pond. One of only two Richmond Floor Plans in the whole neighborhood. Has double front porches upstairs and downstairs. And a covered back porch. Along with a 2 car Detached garage. This home has Dual Master Suites, One upstairs and one downstairs. It also boast 4 bedrooms and 4.5 baths, thats right every bedroom has its own bath. Also has an upstairs Internet Alcove/Sitting Area. Upgrades include designer paint(Done by Gracefully Painting), Granite Counter tops, Designer Lighting, 42″ Maple Cabinets, Upgraded Faucets, Crown Molding, Stainless Steel GE Appliances, Large Plank Oak Flooring in living room, dining room, breakfast area, and kitchen. Ceramic tile in all bathrooms. How about a tankless Hot water Heater never run out of hot water again, 13 Seer Puron heating and air systems. Many more upgrades, you must see this one before it is gone. Really close to the interstate, downtown Summerville, and all the shopping centers. Bring all offers.
If square footage is important - MEASURE!!
Lease/Pur: Financing: Any    
Taxes: HOA Fee: $250 Annually Regime Fee:
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

413 ANITA DR GOOSE CREEK, SC 29445 LP: $129,900
MLS#: 2811724 - RES Status: Active
Area: (72) BER-G.Cr/M.Cor Hwy52-Oakley-CooperRiv
Municipality: (32) GOOSE CREEK
Kind: Sngl Fam Det
Bedrooms: 3 Apx SqFt: 975
Bths Ful/Hlf: 2/0 Tax Map#: 235-05-02-047
Stories: 1 Story Apx YrBlt: 1972
Address: 413 ANITA DR
City: GOOSE CREEK Zip: 29445
Lot Size: Acres: 0.00
Subdiv: BOULDER BLUFF Subsec:
Grade Sch: BOULDER BLUFF Middle Sch: SEDGEFIELD
High Sch: GOOSE CREEK New/Owned: Pre-owned
Legal Desc: Lot T Block 1
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Style: Ranch Fireplace: Special:
Roof: Asphalt Shng Foundation: Crawl Space Floors: Wood, Ceramic Tile, Vinyl
Cooling: Central Heat: Heat Pump Utilities:
Parking: 1 Car Garage        
Auction: Auction Type: Reserve Amt:
Lot Desc: Corner
Exterior: Brick Veneer
Master BR: Downstairs
Other Rms: Eat-in Kitch, Family, Pantry
Misc. Int: Blown Ceil
Wat/Sew: Public Water, Public Sewer
Amenities: Cable Avail, Trash Pickup
Appliances: Elect Range, Dishwasher, Washer Conn, Dryer Conn, Ceiling Fan
Directions: Hwy 52 towards Moncks Corner, take a right on Stephanie (Circle K on right). Go to the second left and turn on Anita. House is on left at corner of Anita and Tammie.
Remarks: Home is wonderfully remodeld and sits on a spacious corner lot. Best buy for your dollar. One year old renovated kitchen with one year old appliances. Hardwoods through out living room and bedrooms. Both Bathrooms have tile floors and have been renovated with newer shower and sink. Master bedroom has own bath which has been renovated. Living room is very spacious for entertaining friends and family. Washer hook up in garage. New duck work underneath home. All new plumbing. Owner is looking to possibly rent to own. Home is a must see!!
If square footage is important - MEASURE!!
Lease/Pur: Financing: VA Loan, FHA Loan, Conventional, St Hous Auth, Cash    
Taxes: HOA Fee: Regime Fee:
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

1006 WASHITONIA WAY, #B CHARLESTON, SC 29492 LP: $184,900
MLS#: 2634686 - RES Status: Active
Area: (78) BER-Wando/Cainhoy Area
Municipality: (30) BERKELEY COUNTY
Kind: Townhouse, Condominium
Bedrooms: 2 Apx SqFt: 1,335
Bths Ful/Hlf: 2/1 Tax Map#: 263-14-01-087
Stories: 2 Story Apx YrBlt: 2006
Address: 1006 WASHITONIA WAY, #B
City: CHARLESTON Zip: 29492
Lot Size: Acres: 0.00
Subdiv: PENINSULA Subsec: ISLAND CLUB II
Grade Sch: CAINHOY Middle Sch: CAINHOY
High Sch: HANAHAN New/Owned: Pre-owned
Legal Desc: Lot T-141 (Island Club II)
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Style: Contemporary, Traditional Fireplace: Special: 10-yr Warnty
Roof: Asphalt Shng Foundation: Slab Floors: W/w Carpet, Wood, Vinyl
Cooling: Central Heat: Heat Pump, Electric Utilities: SCEandG, Chas Water Sys
Parking: Off-st Prkng        
Auction: Auction Type: Reserve Amt:
Lot Desc: Level, Wooded, Inside
Exterior: Vinyl Siding
Master BR: Dual Masters, Upstairs, Multpl Clset, Ceiling Fan
Other Rms: Family, Foyer, Sep Dining, Pantry, Laundry
Misc. Int: Wlkin Closet, Cth/vlt Ceil, 9′+ Ceilings, All Wdw Trmt, Smooth Ceil
Wat/Sew: Public Water, Public Sewer
Amenities: Cable Avail, Cent Tv Ant, Trash Pickup, Neighborhood Pool, Play Park
Appliances: Elect Range, M/w Built-in, Dishwasher, Washer Conn, Dryer Conn, Garbage Disp, Ceiling Fan, Other
Directions: From I-526 take second Clements Ferry Rd exit, right into The Peninsula entrance, left onto Island Club Drive, go all the way to the back and take a left onto Washitonia Way; unit on right.
Remarks: TENANT OCCUPIED THRU MAY 1, 2008. SELLER OFFERING BUYER INCENTIVES & NEW SCREEN PORCH JUST ADDED AT NO EXTRA CHARGE!!! Want a newly decorated condo with upgrades galore in a wonderful neighborhood??? Look no further…this 2BR 2.5 BA condo has just been recently updated and even though its not an end unit, your neighbor on the right has a one-story, so your entire second floor will have complete privacy just like an end-unit. The many upgrades include gorgeous decorator colors throughout, custom installed Levelor blinds, updated lighting in the dining room, foyer, stairwell and upstairs hallway, new remote controlled ceiling fans w/light kits plus the entire first floor has hard wood flooring (dark oak gunstock) with updated berber carpet on the second floor. This unit shows like a MODEL home with black appliances, smooth top range and complementary counter tops. The dual masters both have cathedral ceilings and large closets plus the rear master bedroom has dual cultured marble vanities and an oversized garden tub/shower combo. There is a separate storage unit and private patio for grilling or enjoying the outdoors. The rear yard backs up to a wooded buffer, bordering equestrian estate lots, so you shouldn’t have to worry about privacy. Hurry and make your appointment now and tell your friends and family about this great opportunity!!! The regime fee covers ext. maintenance & ext. insurance, lawn care, and termite bond. If important, Buyer to verify square footage. The Peninsula residents may send their elementary & middle school children to the Daniel Island schools per Island Club II HOA. Seller offering a rent to own until closing or lease w/option to buy.
If square footage is important - MEASURE!!
Lease/Pur: Y Financing: Any    
Taxes: HOA Fee: $375 Annually Regime Fee: Monthly
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

507 GRUBER STREET WALTERBORO, SC 29488 LP: $54,000
MLS#: 2804999 - RES Status: Active
Area: (81) Out of Area
Municipality: (82) COLLETON COUNTY
Kind: Sngl Fam Det
Bedrooms: 2 Apx SqFt: 800
Bths Ful/Hlf: 1/0 Tax Map#: 000-00-00-001
Stories: 1 Story Apx YrBlt: 1960
Address: 507 GRUBER STREET
City: WALTERBORO Zip: 29488
Lot Size: 0 Acres: 0.00
Subdiv: NONE Subsec:
Grade Sch: BELLS ELEMENTARY Middle Sch: COLLETON
High Sch: COLLETON New/Owned: Pre-owned
Legal Desc: Colleton County
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Style: Fireplace: Special:
Roof: Foundation: Floors:
Cooling: Heat: Utilities:
Parking:        
Auction: N Auction Type: Reserve Amt:
Lot Desc: Level
Exterior:
Master BR:
Other Rms:
Misc. Int:
Wat/Sew: Other
Amenities:
Appliances:
Directions: Highway 64 to N Lemacks St and right on Gruber St.
Remarks: Price Reduced!! Great little investment house or for a 1st time homebuyer. New roof, paint, etc! House is very close to downtown Walterboro, great location! Buyer to verify schools. Rent to own option is available as well. Call listing office for showing instrustions
If square footage is important - MEASURE!!
Lease/Pur: Y Financing: Any    
Taxes: HOA Fee: Regime Fee:
Photo2 not Available Photo3 not Available Photo4 not Available
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/14/2008 8:44:25 PMSearch Criteria: Remarks Contains “rent to own”|Status (OR) ACT|Status <> H and <> XF

]]> http://dontrenew.com/wordpress/archives/50/feed Current Rent to Own Listings 7/9/08 http://dontrenew.com/wordpress/archives/48 http://dontrenew.com/wordpress/archives/48#comments Sun, 29 Jun 2008 22:48:32 +0000 George http://dontrenew.com/wordpress/?p=48
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MLS: 2820873mv ST: Active
AR: (23) CHS-Johns Island
LP: $695,000 LowPr:: Parking: 2 Car Garage, Attached
BR: 3 ApxSqFt: 3,400 BA F/H: 2/1
Auction: Auction Type: Reserve Amt:
MBR: Downstairs Stories: 1 Story Ext: Brick Veneer
ApxYrBlt: 1998 TaxMap: 249-01-00-024 Acre: 1.3
Addr: 4144 NATURE VIEW CIR Subd: GIFT PLANTATION
City: JOHNS ISLAND Zip: 29455
DIR: Take hwy 17 south, left on Main Road, go over the Stono Bridge, right at the light onto Chislom Road,go 2 miles to Gift Plantation, take the third entrance, go down to Nature View on the left, house is just down on the right
IF YOU LOVE GREAT VIEWS, LUSH LANDSCAPING AND A TRULY PRIVATE FRIENDLY NEIGHBORHOOD THEN THIS HOUSE IS A MUST SEE. GIFT PLANTATION HAS A WONDERFUL REPUTATION FOR BEING CLOSE TO TOWN, WEST ASHLEY SHOPPING, THE AIRPORT AND I-526 BUT WITH THE FEELING OF PERSONAL SPACE AND LARGE LOTS. THERE IS A DEEP WATER DOCK, TENNIS COURTS,POOL, PRIVATE PICNIC GROUNDS AND PLENTY OF GREAT WALKING AREAS IN THE NEIGHBORHOOD. THIS SPECIAL 3400SQ FT HOME HAS BEEN WELL MAINTAINED AND HAS FABULOUS SUNSET VIEWS OVER THE STONO RIVER. DUE TO ITS LARGE LOT SIZE AND FENCED IN AREAS IT IS EASY TO HAVE DOGS HERE IF YOU LIKE. THE CURRENT OWNER PARKED HIS BOAT EASILY BEHIND THE HOUSE AND THERE IS PLENTY OF STORAGE IN THE ROOM OVER THE GARAGE AS WELL AS UNDERNEATH THE HOUSE. THE LIGHT IN THIS HOME IS TRUE NATURAL LIGHT AND FACILITATES BRINING THE NATURAL BEAUTY INSIDE. THE SPACES IN THE HOME ARE WELL PLACED AND VERY LIVABLE. THERE IS A VERY LARGE SUN PORCH THAT WILL BE YOUR FAVORITE SPOT TO RELAX.THE FLOOR PLAN IS OPEN WITH CERAMIC TILE FLOORS,VAULTED CEILINGS,CUSTOM PLANTATION SHUTTERS AND A CENTRAL VAC SYSTEM. THERE IS A 16X33 GREAT ROOM WITH BUILT IN BOOK CASES AND A GAS FIREPLACE. THE KITCHEN IS 12X25 AND FEATURES BUILT-IN WALL OVEN, MICROWAVE AND CONVECTION OVEN, CENTER ISLAND, THERMIDORE COOK TOP, TWO PANTRIES AND A BREAKFAST ROOM LEADING OUT TO THE GLASSED IN SUN ROOM.THIS SUN ROOM IS TRULY SPECIAL. IT IS 400 SQ FT OF HEATED AND COOLED SPACE WITH BEAUTIFUL VIEWS OUT TO THE STONO RIVER. THE ROOM OVER THE GARAGE CAN BE A PLAYROOM, HOME OFFICE,WORKSHOP OR WHATEVER YOUR EXTRA SPACE NEEDS REQUIRE. UNDER THE HOUSE IS A 27X17 CONCRETE FLOORED STORAGE SPACE TO HOUSE TOOLS OR OUTDOOR EQUIPMENT. THIS YARD IS COMPLETELY LANDSCAPED AND READY FOR ENJOYMENT.COME BY TODAY AND TAKE A STROLL AROUND THE YARD. YOU WILL WANT TO CALL IT HOME.
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MLS: 2820430m ST: Active
AR: (32) CHS-N.Chas./Summerville outside I-526
LP: $99,900 LowPr:: Parking: Off-st Prkng
BR: 2 ApxSqFt: 1,066 BA F/H: 1/1
Auction: N Auction Type: Reserve Amt:
MBR: Upstairs, W/i Closet, Ceiling Fan Stories: 2 Story Ext: Brick Veneer
ApxYrBlt: 1985 TaxMap: 475-16-00-307 Acre: 0
Addr: 6260 BRANDT ST, #A Subd: THE RIVERWAY
City: NORTH CHARLESTON Zip: 29406
DIR: Make a right onto Aichele Rd from Rivers Ave (headed towards Summerville). Make a right into The Riverway. Make a left onto Brandt St
Cozy end unit that is available for sale or rent to own. Freshly painted, with newly cleaned carpet, this home is ready now for a new owner. Large kitchen, screen porch, laundry room and roomy living room make up the 1st floor. Low maintenance and quiet, it is close to I-26, I-526, shopping, eateries, etc.
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MLS: 2820597md ST: Active
AR: (32) CHS-N.Chas./Summerville outside I-526
LP: $150,000 LowPr:: Parking: 1 Car C/port
BR: 3 ApxSqFt: 1,630 BA F/H: 1/0
Auction: N Auction Type: Reserve Amt:
MBR: Stories: 1 Story Ext: Solid Brick
ApxYrBlt: 1959 TaxMap: 478-14-00-111 Acre: 0.340000
Addr: 2700 MAWOOD AVE Subd: MIDLAND PARK
City: NORTH CHARLESTON Zip: 29406
DIR: I-26 toward Columbia to Ashley Phosphate rd, left on Ashley Phos, left on Stall Rd, left on N. Kenwood, right on Star Dr, right on Mawood, house is on the corner.
RENT TO OWN OR FOR SALE!! A beautifully restored home on a huge corner lot surrounded by mature azaleas, hydrangeas and crepe myrtle. Gorgeous hardwood floors, ceramic tiled bathroom and kitchen with all new appliances and central heating system. Close to everything with fast access to I-26.
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MLS: 2800650m ST: Active
AR: (32) CHS-N.Chas./Summerville outside I-526
LP: $199,990 LowPr:: Parking: 1 Car Garage
BR: 2 ApxSqFt: 1,766 BA F/H: 2/1
Auction: N Auction Type: Reserve Amt:
MBR: Dual Masters, Upstairs Stories: 3 Story Ext: Vinyl Siding, Brick Front
ApxYrBlt: 2007 TaxMap: 406-10-00-208 Acre: 0.010000
Addr: 6471 N PALM VIEW CIRCLE, #16A Subd: ASHLEY RIVER COMMONS
City: NORTH CHARLESTON Zip: 29418
DIR: I-526 to International blvd. left on Michaux pkwy and then right on Dorchester Rd. and then 200 yards on the left OR one mile past the AFB going to wards Charleston.
Deep Water Town Home Community! “There is nothing Common about Ashley River Commons!” Available immediately! This particular unit is an end unit and has access to the walking trail. This home backs up to the woods, marsh, and river! 2005 pricing in 2008! Incentives!
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/9/2008 9:24:53 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

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MLS: 2800207m ST: Active
AR: (32) CHS-N.Chas./Summerville outside I-526
LP: $214,346 LowPr:: Parking: 1 Car Garage
BR: 3 ApxSqFt: 1,766 BA F/H: 3/1
Auction: N Auction Type: Reserve Amt:
MBR: Split, Dual Masters, Downstairs, Upstairs, W/i Closet Stories: 3 Story Ext: Vinyl Siding, Brick Front
ApxYrBlt: 2007 TaxMap: 406-10-00-205 Acre: 0.010000
Addr: 4602 N PALM VIEW CIRCLE, #13C Subd: ASHLEY RIVER COMMONS
City: NORTH CHARLESTON Zip: 29418
DIR: I-526 to International Blvd to Michaux Pkwy to Dorchester. Right on Dorch. and 200 yards on left OR one mile past the AFB on the right of off Dorchester Rd..
Deep Water Town Home Community! “There is nothing common about Ashley River Commons!” Available Immediately! This particular home has a huge back yard and over looks woods, some marsh, and some of the river! 2005 pricing in 2008! Incentives!
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MLS: 2801843m ST: Active
AR: (32) CHS-N.Chas./Summerville outside I-526
LP: $223,001 LowPr:: Parking: 1 Car Garage
BR: 3 ApxSqFt: 1,766 BA F/H: 3/1
Auction: N Auction Type: Reserve Amt:
MBR: Dual Masters, Upstairs Stories: 3 Story Ext: Vinyl Siding, Brick Front
ApxYrBlt: 2007 TaxMap: 406-10-00-206 Acre: 0.010000
Addr: 4628 N PALM VIEW CIRCLE, #14B Subd: ASHLEY RIVER COMMONS
City: NORTH CHARLESTON Zip: 29418
DIR: I-526 to International Blvd left on Michaux Pkwy right on Dorchester Rd. and then 200 yards on the left OR one mile past the AFB on right going towards Charleston.
Deep Water Town Home Community! “There is nothing common about Ashley River Commons!” Available immediately! This particular unit backs up to woods and marsh and has a variety of upgrades! Incentives!
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MLS: 2800653m ST: Active
AR: (32) CHS-N.Chas./Summerville outside I-526
LP: $224,490 LowPr:: Parking: 1 Car Garage
BR: 2 ApxSqFt: 2,000 BA F/H: 2/1
Auction: N Auction Type: Reserve Amt:
MBR: Split, Dual Masters, Downstairs, Upstairs, W/i Closet Stories: 3 Story Ext: Vinyl Siding, Brick Front
ApxYrBlt: 2007 TaxMap: 406-10-00-208 Acre: 0.010000
Addr: 6475 N PALM VIEW CIRCLE, #16D Subd: ASHLEY RIVER COMMONS
City: NORTH CHARLESTON Zip: 29418
DIR: I-526 to International to Michaux Pkwy then take a right on to Dorchester rd. and then 200 yards on the left OR One mile past the AFB on the right going towards Charleston
Deep Water Town Homw Community! “There is nothing common about Ashley River Commons!” Available Immediately! This particular unit backs up to the woods, marsh, and river and has upgraded cherry oak cabinets! 2005 pricing in 2008! Incentives!
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MLS: 2800222m ST: Active
AR: (32) CHS-N.Chas./Summerville outside I-526
LP: $226,590 LowPr:: Parking: 1 Car Garage
BR: 3 ApxSqFt: 2,000 BA F/H: 3/1
Auction: N Auction Type: Reserve Amt:
MBR: Split, Dual Masters, Downstairs, Upstairs, W/i Closet Stories: 3 Story Ext: Vinyl Siding, Brick Front
ApxYrBlt: 2007 TaxMap: 406-10-00-206 Acre: 0.010000
Addr: 4620 N PALM VIEW CIRCLE, #14F Subd: ASHLEY RIVER COMMONS
City: NORTH CHARLESTON Zip: 29418
DIR: I-526 to International Blvd. left on to Michaux Pkwy right on to Dorchester Rd. then 200 yards on the left OR coming down Dorch. from summerville: one mile past AFB on right.
Deep Water Town Home Community! “There is nothing commonb about Ashley River Commons!” Available Immediately! This particular home overlooks woods, marsh, and a pond! 2005 pricing in 2008!
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/9/2008 9:24:53 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

Click on Photo to Enlarge  
MLS: 2801850m ST: Active
AR: (32) CHS-N.Chas./Summerville outside I-526
LP: $236,822 LowPr:: Parking: 1 Car Garage
BR: 3 ApxSqFt: 2,000 BA F/H: 3/1
Auction: N Auction Type: Reserve Amt:
MBR: Split, Dual Masters, Downstairs, Upstairs, W/i Closet Stories: 3 Story Ext: Vinyl Siding, Brick Front
ApxYrBlt: 2007 TaxMap: 406-10-00-205 Acre: 0.010000
Addr: 4626 N PALM VIEW CIRCLE, #14C Subd: ASHLEY RIVER COMMONS
City: NORTH CHARLESTON Zip: 29418
DIR: I-526 to International Blvd. left on Michaux Pkwy right on Dorchester Rd. and then 200 yards on left OR one mile past the AFB on the right off of Dorchester going towards Charleston.
Deep Water Town Home Community! “There is nothing common about Ashley River Commons!” Available immediately! This particular home backs up to woods and marsh and has a variety of upgrades!
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MLS: 2811227md ST: Active
AR: (41) CHS-Mt.Pleasant North of Hwy.41
LP: $186,900 LowPr:: Parking: Off-st Prkng
BR: 3 ApxSqFt: 1,397 BA F/H: 2/0
Auction: Auction Type: Reserve Amt:
MBR: Dual Masters, Downstairs, Upstairs, Ceiling Fan Stories: 2 Story Ext: Brick Front
ApxYrBlt: 2000 TaxMap: 594-16-00-374 Acre: 0.140000
Addr: 3292 QUEENSGATE WAY Subd: PARK WEST
City: MOUNT PLEASANT Zip: 29466-6989
DIR: From Hwy 17N, take left into Park West. Go through Round about to The Gates. Go around the fountain onto Queensgate.
****SELLER MOTIVATED!!****GREAT OPPORTUNITY!!! PRICED TO SELL!! Well maintained home in great neighborhood! Home backs up to wetlands! Home has front porch and screened in back porch to enjoy the warm summer evenings. Inside is a well designed floor plan with a spacious living room, great kitchen with eat-in area that overlooks the woods and a master bedroom on the main floor. Upstairs is another master bedroom with an additional bedroom, and both are very spacious! Upstairs bathroom has jetted tub that is perfect for relaxing. CHECK OUT THE AMENITIES! You will find the schools in the front of the neighborhood, pool, clubhouse, grocery store and shops, restaurants, and even a recreation center and a daycare. WHAT MORE COULD YOU ASK FOR?! You must see this great deal before it is too late! HOME IS ALSO AVAILABLE FOR RENT TO OWN! Owner will also entertain creative financing options. Call for details.
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MLS: 2811519mvd ST: Active
AR: (41) CHS-Mt.Pleasant North of Hwy.41
LP: $400,000 LowPr:: Parking: 2 Car Garage
BR: 4 ApxSqFt: 2,863 BA F/H: 4/0
Auction: N Auction Type: Reserve Amt:
MBR: Dual Masters, Upstairs, W/i Closet, Multpl Clset, Ceiling Fan Stories: 3 Story Ext: Cement Plank
ApxYrBlt: 2005 TaxMap: 594-05-00-421 Acre: 0
Addr: 141 PALM COVE WAY Subd: DUNES WEST
City: MOUNT PLEASANT Zip: 29466
DIR: Take 2nd entrance off of HWY 41 into Dunes West. Go through guard gate and Palm Cove will be down on your left. If you go in first entrance: after guard gate turn left on to Harper’s Ferry Rd. Palm Cove will be down on the right.
Beautiful New Luxury Palm Cove townhome finished in elegant style inside gated Dunes West Golf community. This exquisite 4 bedroom, 4 bath townhome with a 2 car attached garage is new construction. The layout fits today’s modern lifestyle. Each bedroom has its own full bath. Walk into hardwood flooring in the foyer. A mother-in-law suite with a tiled full bath and good storage is on the ground floor and opens onto a patio area. Luxurious interior and much sought after location in Palm Cove makes this unit even more desirable. Must see the designer touches - Not your standard option package. Great lighting package. Elegant kitchen layout includes stainless appliances, granite countertops, tumbled tile backsplash, maple cabinets, a built-in desk, pantry, and eat-in area. It opens to the screened porch overlooking the pond. A guest room with a full bath is also located on the main area and has access to the screened porch. Upstairs you will find a loft area with built in shelving with and nice sized adjoining laundry room. You will love the large master with his and her walk in closets and adjoining master tiled bath featuring dual vanities, large Jacuzzi jetted tub, and an extra roomy tiled shower. A fourth bedroom upstairs also has its own full bath. Nine foot ceilings are throughout the home and ceiling fans are in most rooms. . Dunes West provides an active lifestyle with Fitness Center, 2 Pools (one perfect for grandchildren), Playground, and Tennis, Famous Arthur Hills Golf (voted top 50 in Golf Week Mag), Boat Storage and social groups all inside Gated Dunes West. Great shopping, dining, beaches nearby and best schools in Charleston area. Vacant, new, - ready for you. If square footage is important - MEASURE!!
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MLS: 2816140md ST: Active
AR: (61) DOR-N.Chas/Summerville/Ladson Area
LP: $99,900 LowPr:: Parking: 2 Car Garage
BR: 3 ApxSqFt: 1,145 BA F/H: 2/0
Auction: N Auction Type: Reserve Amt:
MBR: Downstairs Stories: 1 Story Ext: Brick Veneer, Solid Brick
ApxYrBlt: 1972 TaxMap: 146-13-02-012 Acre: 0.230000
Addr: 119 MILEY AVE Subd: GREENHURST
City: SUMMERVILLE Zip: 29485-8836
DIR: From Ladson Road turn tight onto Miles Jamison rd. Turn right onto Judith drive across from the Coastal Center and then left onto Miley Ave. Follow Miley Ave and home will be located on the right.
Buy, Lease to own or rent to own this very affordable housing in the highly sought after Dorchester Two School District close to shopping and minutes away from downtown Summerville. A liveable handyman three bedroom, two bathroom brick home with a two car garage priced to sell in a quiet well established neighborhood. Home is situated on a triangular shaped lot with a nice front yard and fenced in back yard with beautiful pine trees and is perfect for first time home buyers or investors who don’t mind doing some repairs. Home has a comfortable floor plan with an eat in kitchen, family room/dining room combo, formal living room and a 10×12 ft unheated sun room on the front of the home that is not counted as part of the sq footage. The H/Vac is approximately 6 years old. The home is vacant and easy to show and will be “SOLD AS IS”. However, transferable termite bond is in place. All offers need to be accompanied by a pre-approval letter. If square footage is important please measure. Please schedule all showings through CSS 402 7400.
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/9/2008 9:24:53 PM


GEORGE M. BOWER ~ 843.452.4604 ~ George@NewLowcountryHomes.com

Click on Photo to Enlarge  
MLS: 2812066md ST: Active
AR: (63) DOR-Summerville/Ridgeville Area
LP: $245,000 LowPr:: Parking: 2 Car Garage, Attached
BR: 4 ApxSqFt: 2,308 BA F/H: 2/1
Auction: Auction Type: Reserve Amt:
MBR: Downstairs, W/i Closet, Ceiling Fan Stories: 2 Story Ext: Brick Veneer, Vinyl Siding
ApxYrBlt: 1999 TaxMap: 160-14-02-036 Acre: 0.170000
Addr: 570 POINTE OF OAKS RD Subd: LEGEND OAKS PLANTATION
City: SUMMERVILLE Zip: 29485
DIR: HWY 61 TO FIRST ENTRANCE WHICH IS OLD COURSE ROAD. THEN TAKE A RIGHT ON POINTE OF OAKS.
BEST PRICED HOME ON THE GOLF COURSE! STUNNING HOME LOCATED ON 5TH GREEN OF THE LEGEND OAKS GOLF COURSE. THE MASTER SUITE IS LOCATED DOWNSTAIRS AND OFFERS A SEPARATE TUB AND SHOWER, & AN ATTRIUM DOOR THAT LEADS TO A SCREENDED PORCH. THE LARGE EAT-IN KITCHEN HAS A SMOOTH TOP RANGE PLUS A NEW BUILT-IN MICROWAVE AND DISHWASHER. UPSTAIRS HAS A FROG THAT COULD BE USED AS THE 4TH BEDROOM PLUS A BIG LOFT THAT WOULD MAKE A GREAT GAME ROOM OR OFFICE. NEW PAINT AND FLOOR COVERINGS, AND MUCH MORE.
Click on Photo to Enlarge  
MLS: 2804999pd ST: Active
AR: (81) Out of Area
LP: $54,000 LowPr:: Parking:
BR: 2 ApxSqFt: 800 BA F/H: 1/0
Auction: N Auction Type: Reserve Amt:
MBR: Stories: 1 Story Ext:
ApxYrBlt: 1960 TaxMap: 000-00-00-001 Acre: 0
Addr: 507 GRUBER STREET Subd: NONE
City: WALTERBORO Zip: 29488
DIR: Highway 64 to N Lemacks St and right on Gruber St.
Price Reduced!! Great little investment house or for a 1st time homebuyer. New roof, paint, etc! House is very close to downtown Walterboro, great location! Buyer to verify schools. Rent to own option is available as well. Call listing office for showing instrustions
Photo Not Available  
MLS: 2805025d ST: Active
AR: (87) CLR-North of Summerton
LP: $68,500 LowPr:: Parking: Off-st Prkng
BR: 3 ApxSqFt: 1,000 BA F/H: 1/0
Auction: Auction Type: Reserve Amt:
MBR: Stories: 1 Story Ext: Solid Brick
ApxYrBlt: 1974 TaxMap: 248-05-03-007 Acre: 1
Addr: 960 SALTERS TOWN RD Subd: NONE
City: SUMTER Zip: 29153
DIR: I-95 N, exit 132 toward Bishopville, left on SC-527, left on US-378 W, ramp toward US-401, merge on N Pike E, right on N Pike E, right on US-401, right on Salters Town Rd
Nice brick home in downtown Sumter on 1 acre lot w/ hardwood floors, large kitchen, front and rear porches. Perfect for a first time homebuyer or investor. Please contact listing office for viewing. Buyer to verify schools.
–Information deemed reliable but not guaranteed–Copyright: 2008 by the Charleston Trident MLS Association of REALTORS

Prepared by GEORGE BOWER of HARBINS TWO, INC on 7/9/2008 9:24:53 PM 

 

]]> http://dontrenew.com/wordpress/archives/48/feed http://dontrenew.com/wordpress/archives/47 http://dontrenew.com/wordpress/archives/47#comments Sat, 15 Dec 2007 21:39:21 +0000 George http://dontrenew.com/wordpress/archives/47 How far will my money go in another city?

From money.cnn.com

Check out this calculator to find out what you need to earn to maintain the same lifestyle.

]]> http://dontrenew.com/wordpress/archives/47/feed Looking for New Home Construction in the Lowcountry? http://dontrenew.com/wordpress/archives/46 http://dontrenew.com/wordpress/archives/46#comments Fri, 14 Dec 2007 16:41:30 +0000 George http://dontrenew.com/wordpress/archives/46 Allow me to run a search for you on homes built after 2006 to your specifications for:

  • Size - square footage
  • Bedrooms/Bathrooms
  • Price
  • Location - school districts, neighborhoods, etc.
  • Builder

I can email this information to you immediately.

Also visit our new site, NewLowcountryHomes.com, for information

]]> http://dontrenew.com/wordpress/archives/46/feed Wikipedia Explains - A lease purchase contract http://dontrenew.com/wordpress/archives/45 http://dontrenew.com/wordpress/archives/45#comments Tue, 25 Sep 2007 13:25:13 +0000 George http://dontrenew.com/wordpress/archives/45 From Wikipedia, the free encyclopedia
A lease purchase contract (also known as Lease Option) is a form of real estate purchase which combines elements of a traditional rental agreement with an exclusive option of right of first refusal to later purchase the home.

These contracts are commonly used where a buyer wants to purchase a home, but due to credit issues would not qualify for a conventional mortgage and does not wish to, or would not qualify, for FHA or VA financing.

Under the typical terms, the tenant/buyer chooses the home and seeks a landlord/seller to serve as an investor. The tenant/buyer then agree to a lease period, during or after which the tenant/buyer has the exclusive right to purchase the home at a previously agreed-upon price. The tenant/buyer pays to the landlord/seller a non-refundable option deposit that is applied to the purchase price of the home. The tenant/buyer then pays to the landlord/seller a sum that is typical to the rental amount usually on a monthly basis, of which a portion of that monthly payment may or may not be applied to the purchase price of the home, but which normally covers the mortgage amount owed by the landlord/seller.

Should the tenant/buyer not wish or be unable to purchase the house, the tenant and landlord can agree to extend the option period, convert the lease purchase contract into a traditional rental agreement, or end the contract with the tenant moving out and the landlord seeking other renters or buyers.

]]> http://dontrenew.com/wordpress/archives/45/feed What is Rent to Own / Lease Purchase? http://dontrenew.com/wordpress/archives/44 http://dontrenew.com/wordpress/archives/44#comments Sat, 15 Sep 2007 15:59:56 +0000 George http://dontrenew.com/wordpress/archives/44 By Robert J. Bruss
Inman News

You’ve been looking for months for your first home, or you want to upgrade to a nicer home in a better community. It’s a great time to buy a home, everybody tells you.

Finally, you find the ideal home for sale, which has most of what you want (there is no such thing as the “perfect home.”)

But when you sit down with the mortgage lender to go over your income and credit to see if you can obtain the home loan you need, the lender says your FICO (Fair Isaac Corp.) credit score is too low to get an affordable interest rate. A mortgage at 7.5 percent interest is the best he can arrange, but he’s not sure you can qualify for the high payment.

Will you give up, resigned to waiting a year or two before buying a home? Of course not.

You know the house you want to buy has been listed for sale three or four months so the sellers must be anxious. The eager real estate agent phones to ask if you got your mortgage preapproval. You report the bad news that you’re not willing to pay 7.5 percent interest.

Fortunately, you’re working with an experienced realty agent. She suggests renting the house for up to two years until you can improve your FICO score. Then she explains you can lock in the purchase price at today’s market value. “Tell me more” is your swift reply.

WHAT IS A LEASE-OPTION? Your real estate agent then explains a lease-option, also known as “rent to own” in many communities, is a combination rental, sales and finance technique that has been used by thousands of home buyers and sellers.

However, a lease-option is not the same as a lease-purchase, which obligates the buyer to buy, usually within a year or two. With a lease-option, if home prices plummet, the buyer doesn’t have to exercise the option to buy.

Personally, I bought my current residence with a lease-option when I realized I was “cash challenged” without enough money for a down payment. Through my buyer’s agent, I offered the sellers a 12-month lease at $1,500 per month with $10,000 nonrefundable option money. As the vacant house had been listed for sale about six months, I asked for a 100 percent rent credit toward my option purchase price, which was just slightly below the asking price.

After hesitating about 10 days, my sellers accepted, but only for a six-month rental term. I readily agreed. Three days later, I hired a moving van and moved into my new home. About five months later, I exercised my purchase option and took title. At the closing, I received credit against the option price for my $10,000 option money plus the $7,500 total rent paid for five months.

Lease-options work especially well when there is an oversupply of homes listed for sale, such as the current “buyer’s market” in many cities. When a home seller needs someone to pay enough rent to cover the mortgage payment but doesn’t require an immediate cash sale, a lease-option can be ideal.

THERE ARE ALWAYS MORE LEASE-OPTION BUYERS THAN SELLERS. For some unexplained reason, there are usually more “rent to own” buyers than sellers. Having used lease-options to buy and sell houses for almost 30 years, I’ve learned a properly marketed lease-option can solve problems for both buyers and sellers.

The key to lease-option success is the amount of rent credit the tenant will earn each month toward the down payment. Although I negotiated a 100 percent rent credit when I bought my present home, as a seller I usually agree to only a 33 percent rent credit. As a motivated seller, I’ve agreed to 50 and even 100 percent rent credits.

Although the lease-option buyer doesn’t get any income-tax deductions, the buyer’s rent credit is far better, like a “forced savings account.” Of course, if the buyer doesn’t exercise the purchase option, the rent credit plus the option money is forfeited.

Here is an example of how to advertise lease-options in the newspaper under the “Houses for Sale” and “Houses for Rent” classified ad categories:

$5,000 MOVES YOU IN

3 BR, 2 BA home, Rent-to-Own, $2,000 Total Monthly Rent

$500 per month Rent Credit Toward Purchase Price

Open Sunday 1-3 PM, Bring Your Checkbook; Won’t Last!

777 Easy Street, Pleasant Heights

Of course, the numbers should be adjusted, depending on the market value of the home and its monthly rent. My experience has been, as a seller, lease-option renters are willing to pay at least 10 percent above fair market rent in return for the rent credit and locking in the option purchase price at today’s market value. As a seller, I prefer a one-year lease-option, but I have been known to agree to a two-year term.

LEASE-OPTION PROS AND CONS FOR SELLERS. If your home hasn’t sold “the regular way,” consider the lease-option “rent to own” advantages for sellers: (a) continued income-tax-deduction benefits, including depreciation, until the option is exercised; (b) upfront cash from the buyer, which is the first month’s rent plus the nonrefundable option money; (c) monthly rent cash flow instead of having a vacant house or condominium; (d) there are usually more lease-option buyers than sellers; (e) above-market rent; (f) lease-option tenants usually treat the property very well; and (g) lease-option buyers will agree to a top-dollar option purchase price. The only significant seller disadvantage is the lack of an immediate cash sale.

LEASE-OPTION PROS AND CONS FOR BUYERS. Among the many lease-option benefits for buyers are (a) low upfront cash requirement as compared to buying; (b) it’s usually cheaper to rent than own; (c) the rent credit toward the down payment is like a “forced savings account”; (d) if the home goes up in market value, the buyer benefits from the locked-in option purchase price; and (e) buyers can try out the home before buying.

Possible disadvantages for buyers include no itemized income-tax deductions (this is more than offset by the rent credit) and uncertainty knowing if you will be able to afford to buy before the purchase option expires.

HOW DOES THE REALTY AGENT GET PAID? When a house is listed for sale but it hasn’t sold, some listing agents are reluctant to recommend a lease-option because they won’t immediately receive a full sales commission.

But I often suggest to agents, “Isn’t it better to take part of the commission now and part of the commission when the option is exercised, rather than earn no sales commission at all?”

HOW TO FIND HOUSES AND CONDOS TO LEASE-OPTION. Because there is usually a shortage of lease-options, buyers need to get creative. One strategy is to read the “houses for rent” and “houses for sale” classified newspaper ads for clues. Often a landlord can be converted to a lease-option seller by dangling some nonrefundable option money (after you decide you want to “rent to own” the house or condo).

Another strategy is to run your own “House for Rent Wanted” or “House Wanted” classified ad. I learned this technique from a real estate investor who advertises “Executive needs 3 BR, 2 BA house on five-year rent to own. $5,000 option money. Call Jimmy (555) 555-5555.” He doesn’t get many phone calls, but one or two from motivated home sellers, landlords and real estate agents will be enough.

SUMMARY: Lease-options, also known as “rent to own,” are an excellent method to market unsold houses and condominiums. They work especially well in slow “buyer’s markets.” More details are in my new special report, “How to Profit from Lease-Options (Rent to Own) Whether You are a Property Buyer, Seller or Real Estate Agent,” available for $5 from Robert Bruss, 251 Park Road, Burlingame, Calif., 94010, or by credit card at 1-800-736-1736 or instant Internet delivery at www.BobBruss.com.

]]> http://dontrenew.com/wordpress/archives/44/feed Sellers getting Creative http://dontrenew.com/wordpress/archives/43 http://dontrenew.com/wordpress/archives/43#comments Sat, 15 Sep 2007 15:48:36 +0000 George http://dontrenew.com/wordpress/archives/43 By Lauren Baier Kim - realestatejournal.com

Selling a home in a down market is not unlike hawking ice cream in February.

In this cold real estate climate, there aren’t many people clamoring to buy, leaving home sellers
facing a tough time. Some may go the traditional route and hire a real-estate agent at a full commission to sell their home.

But when the housing market is sluggish and home prices drop, this can be costly: a seller of a $200,000 home could pay $12,000 in real-estate commissions at a 6% rate — cutting even more into homeowners’ potential profits. Also, securing financing for a new home is increasingly difficult for many people.

In a special package of articles this week, RealEstateJournal.com looks at people who’ve sold their homes using a variety of
nontraditional methods:

• A Seattle Internet entrepreneur who posted a “Make Me Move” price of $1.25 million on Zillow.com for his condo and sold his home for close to that price.

• A widow in New Jersey, looking to downsize, swapped her home with neighbors who were looking for more space.

• A CEO decided to auction off his multimillion Florida estate after a long listing period failed to net a buyer.

• A couple who went the “for-sale-by-owner” route and left an expensive Portland, Ore., suburb for a
more affordably priced area in Montana.

• Another couple who got lucky and sold their home at a yard sale.

• Plus, some recent home sellers explain how they sold their home in the current market.

]]> http://dontrenew.com/wordpress/archives/43/feed Housing Market Analysis in Charleston as of 9/6/07 http://dontrenew.com/wordpress/archives/42 http://dontrenew.com/wordpress/archives/42#comments Thu, 06 Sep 2007 18:45:50 +0000 George http://dontrenew.com/wordpress/archives/42 Here is a summary of the number of homes for sale in the Tri-County market as of September 6, 2007…

Housing Market Analysis
As of September 6, 2007

ACTIVE TOTAL ACTIVE AVERAGE ACTIVE MEDIAN
[77] BER-Daniel Island 426 $693,434 $507,500
[73] BER-G.Creek/M.Corner Hwy.17a to Hwy.52 306 $227,015 $189,900
[72] BER-G.Creek/M.Corner Hwy.52-Cooper Riv 321 $214,886 $173,500
[71] BER-Hanahan Area 231 $275,964 $229,000
[74] BER-Jedburg Rd-Black Tom-Hwy.17a-Col.Pk. 329 $407,355 $166,999
[76] BER-Moncks Corner/Pinopolis Area 218 $220,694 $172,495
[75] BER-Rural: Cross/St.Stephens/Bonneau 394 $252,605 $139,950
[78] BER-Wando/Cainhoy Area 365 $679,997 $265,000
[47] CHS-Awendaw/McClellanville Area 229 $587,358 $360,000
[46] CHS-Dewees Island 32 $956,030 $542,500
[22] CHS-Folly Beach Area to Battery Island 366 $799,887 $642,500
[44] CHS-Isle of Palms 324 $1,468,784 $1,097,000
[21] CHS-James Island 671 $378,308 $284,500
[23] CHS-Johns Island 618 $470,847 $270,340
[25] CHS-Kiawah & Seabrook Islands 391 $985,172 $629,000
[41] CHS-Mt.Pleasant North of Hwy.41 753 $511,022 $377,338
[42] CHS-Mt.Pleasant South of Hwy.41 1512 $540,423 $385,500
[31] CHS-N.Charleston Area inside I-526 254 $198,043 $129,900
[32] CHS-N.Chas./Summerville outside I-526 544 $203,045 $162,950
[51] CHS-Peninsula Chas. inside of crosstown 599 $948,928 $665,000
[52] CHS-Peninsula Chas. outside of crosstown 233 $461,538 $329,000
[13] CHS-Rural W.Ashley-Ravenel/Hollywood/Meg 371 $451,145 $264,900
[43] CHS-Sullivan’s Island 66 $2,169,741 $1,912,500
[11] CHS-W.Ashley inside I-526 to Ashley Rive 408 $420,056 $285,000
[12] CHS-W.Ashley outside I-526 to Rantowles 679 $284,984 $239,000
[24] CHS-Wadmalaw Island 78 $688,901 $499,000
[45] CHS-Wild Dunes 272 $1,163,005 $877,500
[26] CHS/CLN-Edisto Island 175 $496,021 $279,000
[82] CLN-Colleton County 454 $252,111 $119,450
[27] CLN-Edisto Beach 209 $640,701 $499,000
[88] CLR-Lake Marion Area 19 $223,447 $159,000
[87] CLR-North of Summerton 2 $1,984,950 $1,984,950
[61] DOR-N.Chas/Summerville/Ladson Area 698 $259,558 $216,450
[64] DOR-St.George/Harleyville/Reevesville 147 $377,451 $125,000
[62] DOR-Summerville/Ladson Area to Hwy.165 492 $235,088 $178,945
[63] DOR-Summerville/Ridgeville Area 1091 $246,395 $194,990
[84] ORG-Lake Marion Area 32 $291,508 $264,500
[83] ORG-Orangeburg County 73 $270,567 $159,900
[81] Out of Area 312 $611,520 $295,000
]]> http://dontrenew.com/wordpress/archives/42/feed Community Spotlight - Limehouse Villas http://dontrenew.com/wordpress/archives/41 http://dontrenew.com/wordpress/archives/41#comments Sun, 26 Aug 2007 18:55:26 +0000 George http://dontrenew.com/wordpress/archives/41 Wonderful new construction townhome community, priced from the 140’s…

 (to be continued)

]]> http://dontrenew.com/wordpress/archives/41/feed Buyers… The incentives are piling on! http://dontrenew.com/wordpress/archives/40 http://dontrenew.com/wordpress/archives/40#comments Thu, 23 Aug 2007 17:18:30 +0000 George http://dontrenew.com/wordpress/archives/40 From the Wall Street Journal…

With the housing market looking increasingly frail, home builders and real-estate agents are going to new extremes to attract buyers, dangling lavish incentives and slashing prices.

Here are some tips for getting concessions from home builders:

• Buy a finished home: Builders want these off their books.

• Get a preapproval letter: This shows a builder you have financing already in place.

• Close quickly: Wrap up a purchase within 30 days; builders want to sell before the next bank payment is due.

• Avoid contingencies: Don’t make your purchase contingent on selling a home or finding financing.

RealEstateJournal.com offers advice for getting discounts on brand-new homes.

In Boca Raton, Fla., Gordon Homes is offering to pay two years of property taxes and insurance — worth as much as $150,000 on houses priced as high as $2.5 million — for buyers of completed homes at its upscale Azura development. In Richmond, Va., Orleans Homebuilders Inc. is offering “Sizzling Summer Sale Savings” that include as much as $100,000 off the cost of upgrades ranging from granite countertops to a conservatory. And in Medford, Ore., Diane Adams, a real-estate agent, is offering to pay four months of mortgage payments on the $975,000 house she and her home-builder husband constructed on 20 acres near Crater Lake.

“I’d also negotiate a lower price, too,” says Ms. Adams, an agent with Re/Max International Inc. “I just want this house off our books.”

Across the country, the theme is the same: Home builders and home sellers are juicing their efforts to unload single-family homes. Among other things, they are offering buyers cash discounts of as much as 20%, throwing in a pool and agreeing to finish basements, garages and other spaces at a cost of several thousand dollars — incentives much richer than builders were offering as recently as six months ago, when the downturn didn’t look as bleak.

Since then, home builders have been hit hard as rising mortgage delinquency rates have made lenders much more reluctant to issue new loans, causing home prices to fall and inventories of unsold homes to rise. In June, new-home sales had fallen more than 40% from their peak two years ago, and more than half a million new houses — nearly eight months of supply — sit in inventory, according to the most recent report from the National Association of Home Builders. Contract cancellations, meanwhile, have hit nearly 30% for some builders.

Things may not get better for a while. The National Association of Realtors said yesterday that new home sales this year were likely to fall 19% from last year, worse than its previous forecast of a 17.7% drop.

Many builders never expected the housing market to fall this far. Now they’re struggling with empty land, too few buyers and an inventory of finished homes that have been sitting empty for months — and some are growing desperate to free the cash locked up in their real estate by enticing the dwindling number of buyers. The latest survey taken by the National Association of Home Builders indicates that 56% of builders are now offering incentives, up from about 45% a year ago.

[house]

Diane Adams

This four-bedroom, 2,079 square feet townhouse in Tallahassee, Fla., was originally listed at $320,000 in April 2006. It sold for $262,050 in July. The builder incentives and upgrades included a refrigerator, washer, dryer, in-wall speakers, and window treatments.

And those incentives are growing bigger. In California’s San Diego County, Chris Heller, a real-estate agent with Keller Williams Realty, says that until about 18 months ago, builders had little reason to offer incentives. Today, he says, “buyers are asking for the moon, and they’re often getting it.”

Mr. Heller says that on houses in the $700,000 range, his clients are typically scoring multiple concessions totaling as much as $80,000. Generally, that includes a price reduction, an agreement to pay closing costs or upgraded flooring or appliances — or a combination of all three.

Builders in the greater Dallas-Fort Worth area have also been struggling to move homes and are using incentives more freely. “They are giving stuff away here,” says Kenneth Cox, a real-estate agent with DFW Urban Realty in Dallas.

In suburban Dallas, incentives on single-family homes abound, including price reductions of as much as 20% and free swimming pools. Steve Wall, president of builder Wall Homes Inc., says his company is knocking as much as 18% off the list price for inventory homes in the city’s northeast suburbs. For other homes yet to be built, the builder is offering free blinds, a free covered patio and 50% off upgrades, up to $20,000. “It’s more competitive than this time last year,” Mr. Wall says.

This trend toward more-generous incentives is “likely to intensify,” says Mark Zandi, chief economist at Moody’s Economy.com, citing a growing inventory of new homes, an oversupply of pre-owned homes on the market and “a glut of homes that are a year or two old that investors bought as rental property that have never been lived in, and those investors are now trying to sell, too.”

Incentives alone often aren’t enough to close a sale, however. National builder KB Home says that in May, it was offering to pay $5,000 toward closing costs on already completed, or “inventory,” homes, up from $1,000 about a year ago, “but we find that these kinds of incentives don’t generally work that well,” says a spokeswoman. Rowena Emmett, an independent Realtor in La Canada, Calif., says that during Southern California’s last downturn, a client offered home buyers a new Porsche, “but that didn’t work.”

[sylvia]

Jerusha Jaitapker

A brand-new five-bedroom, two and a half bath single-family home in Fort Worth, Texas. This builder knocked off $50,000 off the listing price and is now on sale for $319,874.

Builders generally try to avoid outright price markdowns, in part because it angers prior home buyers who don’t want prices in their subdivisions forced down. These days, though, builders increasingly resort to price cuts “because it’s all about avoiding bankruptcy for some,” says Gene Rivers, a Keller Williams agent in Tallahassee, Fla., where builders are offering incentives and price markdowns of as much as 15% of the purchase price on $300,000 and $400,000 houses, double the level of a year ago.

Certainly, not every market is struggling. Dianna Kokoszka, a vice president at Austin, Texas-based Keller Williams Realty, says homes in hot markets such as Austin still receive multiple offers, making incentives unnecessary. In other markets, pockets of strength may still exist, particularly in popular neighborhoods. Jim Napier, president of Napier Realtors ERA, in Richmond, Va., says an agent last week listed a house for $600,000 in a desirable subdivision, “and it sold in two days at the list price, all cash.”

Still, in much of the country, it’s a buyer’s market. And the savviest buyers are using that to their advantage.

Lummie Jones, a vice president at Napier Realtors, says the best deals go to those who buy inventory homes, can close within 30 days and who have no contingencies in their contracts, such as the need to sell another house or find financing. Those buyers, Ms. Jones says, “are getting concessions of between 5% and 10%” of the house price.

Also, have a preapproval letter in hand, which indicates that a lender is ready to fund your mortgage immediately up to a certain amount, “and tell them to show you the two or three best deals they have,” says Mr. Rivers, the Tallahassee agent. Certain houses — even identical ones — can have different carrying costs because one needed a special foundation or took longer to build. “That’s the house the builder wants off his books first,” Mr. Rivers says.

Orleans Homebuilders, based in Bensalem, Pa., for instance, has knocked nearly $200,000 off the price of some already built million-dollar homes in Richmond, Va., and is offering an additional $20,000 reduction for buyers who buy inventory homes before Labor Day.

For buyers short on cash, builders are offering as much as $10,000 to help cover costs, which can help buyers qualify financially for the home.

In markets such as Denver and Seattle, builders are increasingly willing to pay agents substantially larger commissions — as much as 4% of the home’s sales price, up from 1.5% or less — to help unload inventory homes. In turn, some agents are returning some of that money to builders to lower the home price to help buyers qualify for the house.

“Don’t be afraid to negotiate for as much as you can these days,” says Judy King, a Seattle-area Re/Max agent. “There’s a lot of flexibility in a market like this.”

]]> http://dontrenew.com/wordpress/archives/40/feed