4 Bedroom Home with Pool on Cul-de-Sac Reduced $10,000

Here is possibly the best home purchase deal in Boiling Springs right now.

The facts:

4 Bedrooms, 2 Full Baths

Large Recreation Room

Cul-de-Sac Location

In-ground Swimming Pool with Brand New Liner

Freshly Remodeled and Painted, ready to move in

Excellent Location off Old Furnace Road in Boiling Springs

Price:  Just reduced $10,000 to only $119,900

Qualifies for 100% Government Financing!

The best deals sell the fastest and this bargain will not be an exception. If you know of anyone looking for a home with equity built into it do them a favor and let them know about this one.  It will sell soon at this price.

Finding and Buying Foreclosed and Distressed Real Estate

I’ve been asked a lot lately about buying Spartanburg foreclosures and Boiling Springs foreclosures. Was there an infomercial running on late night tv recently that I missed? I did hear one on the radio how you can get a 4 bedroom 2.5 bath house with over 2,500 square feet for only $3,500 US dollars! Wow what a deal. I’ll take a few of those thank you!

That last ad was in reference to local county tax auctions by the way. Anyway, the Boiling Springs and Spartanburg area has recently been listed as the #2 real estate market in the country. However, as stable as our housing market has been that is not to say there isn’t a deal to be had now and then. Below is a re-post of a foreclosure report I wrote about 2 years ago that is just as valid today as it was then.

One truth to real estate is that the best deals sell the fastest. What appears to be a great deal to you probably appears to be a great deal to somebody else as well. Will “somebody else” get to that deal before you do? Read more..

Red Fox Farms Subdivision Home

(UPDATE:  This home was sold in 2 weeks after being listed for 6 months with a large national Realty company)

 

If you don’t live in the Upstate of South Carolina you just might not know what you are missing.  Mild seasonal climates. Light snow falls maybe 1 to 3 times a year.  Extended fall and spring seasons with only the lightest of jackets needed.  That is until you get spoiled like us!

Even our housing is enviable to many across our great nation.  With very low taxes for owner occupied homes and low prices to match.  Take this home for instance:  3 bedroom 2.5 bath home with larger bonus room, over 2,400 SF for only $149,900.  This is not a foreclosure!  This is a move in ready home.  Freshly painted walls, new carpet, counter tops, and appliances.  Just unload the boxes out of the truck and most of the work is done with this home. Read more..

Hanging Rock Subdivision, Boiling Springs SC Home for Sale

The Hanging Rock subdivision in Boiling Springs offers a great pool recreation area and a strong home owners association to keep property values up. 

 

It has a beautiful entry way with lush landscaping on both sides of the entrance and the community pool area is located just to the left when entering the subdivision.  It’s location is convenient to everything.  All the schools are located with in minutes:  Elementary, Middle, Jr. High, and the High School are all very close by.  Wal-Mart, Lowes, and restaurants, are all only a mile away. 

The community even has a small lake towards the back with homes built around most of it. 

 

If your looking for something to do look no further than the park that borders the subdivision.  It’s hard to get much closer than that!  Baseball fields, community centers that are special needs accessible, play grounds, a BMX bike course, and more are just a walk from this community. 

There is a beautiful home for sale at 469 Slate Drive that backs up to the park: 

Click here for full details for 469 Slate Drive Hanging Rock Subdivision 

The two story living area with fireplace will greet you with warmth yet maintain an open feel as you enter this home. Precede to the back as the separate dining room and kitchen complement each other well while maintaining their distance. This home has an excellent floor plan. The First Floor master bedroom with full bath, double vanities and walk in closet will save time and effort every day. Upstairs you will find a large, multi- 

469 Slate Drive, Boiling Springs SC

 

angled bonus room great for an office and recreation room. Socialize at the community pool or get lost in your private back yard with a great sloped natural area just waiting for your HDTV outdoor touch. 

Nice Entry Way with Wood Flooring

 

Living Area with Stair case

 

2 Story Living Area with Fireplace

 

Open Kitchen with window over sink

 

Dining Room Opens to Backyard and Kitchen

 

Multi Angled Bonus Room

 

Level Backyard with raised natural area

 

School Teacher Discounts

Introducing a new Professional Educators discount for Full Service Real Estate services.  If you are a school teacher in Greenville, Spartanburg, or Cherokee county you will be reimbursed $250 at closing for buying or selling property with us. Just reference the Educator’s discount coupon here at the time of agreement.

The thinking person scratches their head at some of the priorities in our society.  Politicians seem to all be millionaires instead of the peer group in and out public servant the position was designed to be for.  Education administers make much more than school teachers.  All the while the really valuable, human impacting careers, like classroom school teacher, is low on the income totem pole.

As an independent business person and a father of a child in the Boiling Springs district 2 school system I love to work with people who have integrity and a good work ethic.  Most school room teachers clearly fit that description and I am proud to offer this incentive to them.  Please reference the  School Teacher Discount when calling me at 864-621-7900.

Boiling Springs MLS

This Boiling Springs real estate search site is like the city having it’s own MLS service to look for homes or investment property.  If you have not checked it out, search for Boiling Springs SC foreclosures, homes, and investment real estate here.

The search site has recently been updated with explanations of each search category at the bottom of the page.  These categories include:

Single Family Homes

Government Foreclosures

MLS Foreclosures

Town Houses

Condominiums

Lots

Land

Mobile Homes

Multi-Family Properties

Commercial Real Estate

Again, these categories are updated everyday.  Call me for a list of Boiling Springs homes offering Owner Financing at 864-621-7900.

Eagle Pointe, Boiling Springs SC, 358 Sandpiper Drive

Home Detail Link: 358 Sandpiper Drive, Boiling Springs SC Eagle Pointe Subdivision home with private backyard.

Enjoy the social life style that a pool community offers or just surf the internet from your multi-tiered deck in your private, fenced in backyard. Maintenance free full brick exterior makes this quiet home the perfect environment to enjoy the upgraded ceiling fans and lighting, raised ceilings to 13 feet, and private master bedroom suite just far enough from the other bedrooms. In the summer time you will love the selection of black berries, blue berries, and grapes growing on the fence over looking the community from higher above that provides for a nice view and relaxing atmosphere.

This is another spotless, Eagle Pointe ready to move into home with no work required inside or out.  Outside you will find nice landscaping and an under ground sprinkler system to keep it looking lush and healthy.  The backyard has a great looking fence that keeps the pets inside the yard without blocking out the view.  The decking sits up high overlooking rooftops offering the feeling of openness without compromising privacy.  A great space for entertaining or just relaxing.

The interior offers a large living area, bonus room, great lighting and fans, stainless steal appliances, and warm colors to make your home the relaxing oasis it is supposed to be.

Combined with the unsurpassed subdivision location and the community pool,  this Boiling Springs SC home offers something the entire family will appreciate.

More Information on 358 Sandpiper Drive Boiling Springs SC in Eagle Pointe

Boiling Springs SC and Spartanburg SC Luxury Homes Priced $400,000 and Up

As the price of a Spartanburg South Carolina home goes up the number of days it takes that home to sell goes up as well.  There is a direct correlation between Spartanburg home prices and days on market in a tight economy or at least an economy with so much uncertainty.   The Boiling Springs area offers a lot of home for the money in a great community, in a great location in “Upstate”, SC.  The luxury home market is no exception as we have a number of very good local builders that build homes that would sell for much more if located in some other markets.

Still, the time it takes a home to sell, or the days on market for Spartanburg SC homes increases considerably as the price goes up. Look at the “Sold Listings” column below to see the annual sales rate of Spartanburg homes in this price range.  As the price goes up the sales rate comes down even while the supply of homes remain consistent across the $400,000 to $600,000 prices range.  Not shocking new information but certainly interesting to see.  This of course translates into a higher months of inventory ranging from 2.5 years to 5 years and beyond.  Search for Boiling Springs SC homes and real estate priced at $400,000 and above.

If you are a seller of a $400,000 or greater Spartanburg home or Boiling Springs home it will be important to reach a buyer market outside of the local Boiling Springs real estate market.  You can review the highlights of a successful residential real estate marketing sales plan by clicking the link.  Of course some secret details are left off as proprietary sales strategies and tactics!!!

Source: Spartanburg, SC MLS
Price Range	Current Active Listings	Sold Listings	Date Range	Solds per Month	# Months of Inventory
$400 – $450	74	30	12	2.5	29.60
$450 – $500	71	26	12	2.2	32.77
$500 – $600	74	17	12	1.4	52.24
$600 – $750	41	8	12	0.7	61.50
$750 – $1 million	48	3	12	0.3	192.00
$1 million – up	40	2	12	0.2	240.00

Boiling Springs and Spartanburg Houses in the $300,000 to $400,000 Price Range

A look a Spartanburg and Boiling Springs homes in the $300,000 to $400,000 price range tells us that home buyers are starting to prioritize an “affordable” monthly payment and buy less expensive homes.  Of course “affordable” is a relative term and means something different to everybody.  The data tells us that 7 homes per month in this price range are sold in Spartanburg county.  Currently there are 263 Spartanburg SC homes for sale in the $300K to $400K price range. It is fair to note that some sales are not entered into the MLS because they are sold directly from the builder to the home owner so the actual SOLD number is a bit larger.  However the 263 Spartanburg homes for sale are actual “active” listings  in the MLS as of September and therefore accurate data.

As we see again, builders over built in this price range and the over supply could certainly represent a great buying opportunity for today’s home buyer in Spartanburg county.  A 37.6 month supply of homes represents a lot of money tied up into an investment that is not currently performing and also comes with a cost to hold in the form of taxes, insurance, and general upkeep.  Search for Boiling Springs houses in the $300,000 to $400,000 price range here and call  me if I can help in anyway.

Source: Spartanburg, SC MLS
Price Range	Current Active Listings	Sold Listings	Date Range	Solds per Month	# Months of Inventory

$300 – $350	133	49	12	4.1	32.57
$350 – $400	130	35	12	2.9	44.57

With over a 37 month supply of homes on the market in the price range, Boiling Springs SC home sellers cannot just put a sign in the front yard and expect their house to sell. To understand this lets go back to my consumer product days with Britol-Myers Squibb and Michelin Tires.  The purchase decision is an emotional one based upon the perceived benefits that the product they will give the buyer.  Let’s not underestimate that your home for sale is a “product” we call a house or home.  There is a relationship between the the Price and the Product .

Price/Product Benefits = ?  In the short equation as price goes up the overall answer or “attractiveness” of the product goes down and vice versa.  As perceived value goes up, acheived by staging the home, landscapping, etc., the formula yields us a larger number representing a “better” deal to the buyer.  This formula is sometimes called the Price-Value ratio or realtionship and I’m sure it goes by many other names too.

I offer my Spartanburg and Boiling Springs real estate clients a FREE home staging consultation from an experienced home seller.  When we sell a personally owned home they generally sell very quickly because the home has a warm, welcoming feel that we specifically created.  With a over a 37 month supply of homes in Spartanburg SC creating this feeliing in your home will play an important role in selling your home too.

Spartanburg and Boiling Springs Homes for Sale From $200,000 to $300,000

Today we will take a brief look at Spartanburg county homes selling in the price range of $200,000 to $300,000.  There are currently 506 Spartanburg homes for sale in the price range with 306 homes selling in the last year.  This converts to 25.6 homes sold per month for a 19.8 month supply of homes in the Spartanburg real estate market.  As seen in the chart below this inventory supply balloons to 26 months for homes prices from $250,000 to $300,000.  Clearly this speaks to our local market and income demographic as affordable monthly mortgage payments remain at lower levels during this economic environment.

It also tells us that lenders and builders did not do their economic home work well enough by clearly over targeting this price range.  These people are not dumb so market conditions can obviously  be tricky.  As square footage goes up profitability tends to go up as well attracting more builders to build larger and larger homes.

On the bright side this potentially represents a good buying opportunity for higher priced Spartanburg homes.  Those with secure and appropriately sized incomes might want to consider “watching” this price segement for bargains that would make a purchase in this range attainable or just more comfortable financially.  Click here to search Boiling Springs Real Estate from $200,000 to $300,000 . Call me if I can help in anyway.

Source: Spartanburg, SC MLS
Price Range	Current Active Listings	Sold Listings	Date Range	Solds per Month	# Months of Inventory
$0 – $100	816	1156	12	96.3	8.47
$100 – $125	343	421	12	35.1	9.78
$125 – $150	411	373	12	31.1	13.22
$150 – $200	528	423	12	35.3	14.98
$200 – $250	287	206	12	17.2	16.72
$250 – $300	219	100	12	8.3	26.28

Spartanburg, SC Homes for Sale from $125,000 to $200,000

The $125,000 to $200,000 price range of Boiling Springs homes and Spartanburg homes accounts for most of the “middle class” price range if you will.  Currently there are 815 homes listed for sale in the Spartanburg MLS for this price range.  The yearly sales rate is 796 or 66.4 homes sold every month.  This means that there is over a 14 month inventory of homes in the Spartanburg market for sale between $125,000 to $200,000.

This segment represents about 28% of all home sales in the county.  Combined with the lower priced homes looked at previous to today the group accounts for 83% of all homes sales in Spartanburg county.  As the price range of Spartanburg homes increased we saw the supply of homes increase as well with today’s group having a supply over 14 months based on current absorption rates.  This is very interesting because we will see this trend continue as we look at higher and higher priced homes.  Clearly the economy is making people think twice about larger mortgage payments.

If you are selling your mid priced home today, and know that there is a 14 month supply you have to take this into consideration as you determine your marketing elements of pricing, staging, etc.  If you don’t do all you can do the buyer has plenty of other homes to choose from.  Each showing needs to be maximized for it’s potential to sell before that buyer walks into another Spartanburg county home. Click here to search Boiling Springs homes in the $125,000 to $200,000 price range.

Next we will look at the $200,000 to $300,000 price range.

Here is the table we have discussed to this point:

Source: Spartanburg, SC MLS
Price Range	Current Active Listings	Sold Listings	Date Range	Solds per Month	# Months of Inventory
$0 – $100	816	1156	12	96.3	8.47
$100 – $125	343	421	12	35.1	9.78
$125 – $150	411	373	12	31.1	13.22
$150 – $200	528	423	12	35.3	14.98

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