Three Critical Factors to Consider When Buying a Home Or Lot on Lake Murray South Carolina

All real estate is not created equal, and this is certainly true with waterfront property on Lake Murray South Carolina. Understanding what to look for can help in the decision making process and can also help to ensure years of enjoyment from your lake-front home. For most people, the three critical factors to consider when purchasing water-frontage on Lake Murray are whether it has fringe-land, whether the property can have a private dock, and whether it has year-round water.

The first critical factor is fringe-land. Fringe-land is a term used by SCE&G (South Carolina Electric and Gas) which basically refers to a seventy-five foot wide strip of land which is owned by SCE&G and lies between the edge of the lake and the adjacent waterfront property.

Owners of the adjacent property only have foot access to the lake and are restricted from encroaching upon the land or cutting trees or shrubs on the land without written consent. While the majority of properties on the lake do not have to contend with this “vegetative buffer”, there are still many properties in the more rural areas of the lake where this is a consideration. Generally, properties free from fringe-land are more desirable.

The second critical factor is the ability to have a private dock. Not all Lake Murray properties can have private docks. SCE&G controls dock permitting, and they have strict guidelines governing permit issuance. Properties that have the ability for a private dock are in more demand and typically command a higher price than those with only a shared dock or with no dock at all.

The third critical factor is whether the property has year-round water. With Lake Murray being a hydro-electric lake, it has an annual draw-down in the fall and winter. The result for land owners is that some properties might be “dry” during the low period. Unfortunately, most real estate agents do not understand how to properly evaluate this aspect of lake properties.

Often times properties will be presented as having year-round water, but they don’t. This is not usually intentional deceit on the part of the listing agent, but usually just a lack of skill. If you plan on purchasing a home or lot on Lake Murray, be sure your real estate agent can do a USGS based depth analysis on any property of interest.

When buying any real estate, you should perform proper due diligence. Now you have an idea of what to look for when considering making a purchase on Lake Murray South Carolina. See you on the lake!

Home Appliances And How To Buy The Best For Your Home

Home appliances add convenience in life. They ease out things in your home, making it possible for you to get tasks done faster and to enjoy a smoother life in general. The most common appliances in homes include dishwashers, dryers, washing machines, water heaters, vacuum cleaners and fridges among many others. With the right appliances in your home, you work is made simpler, faster and easier. But to enjoy what they can do for you, you must start by buying right.

The most important factors to consider when buying home appliances are the item features, style, size and cost. Remember that these items tend to be most visible in your home and they therefore have an impact on your house’s aura.

Style

The style of the appliances you select should accentuate the aesthetics of your home. Look for items that complement your interiors; you can actually coordinate the large appliances with cabinet colors or the woodwork present.

Size

The home appliances come in different sizes and you should start by evaluating how much space you have for what you are about to buy. Allocate specific spots in the house for the appliances and find out what size best suits the space available for them. You should try as much as possible not to have a home that looks overcrowded because of too many large appliances. The secret here is to spread out the appliances in the right areas and rooms in your home and getting just the perfect size for the space you have.

Features

They are what will determine what you can do and what you can enjoy from your appliance. For instance, you can think about hot and cold settings and control when buying your dishwasher so you are able to save energy and water when using. On the other hand, a refrigerator that has a freezer compartment can be a great choice instead of buying a fridge and freezer separately. Think about the energy saving features on all the appliances you buy and compare features so you are able to choose the most convenient items for your home.

Cost

There are so many brands and models out there when it comes to the home appliances. The truth is that the prices vary from brand to brand and from model to model. Sometimes the features of the appliances and the size determine the prices that you pay in the end. Take these factors into consideration and get what you desire at a price that you find affordable. Sometimes it is best to take a little time to save for that perfect appliance compared to rushing to buy one you might not find very useful depending on the needs you have. The cost of running your appliance and maintaining it should also be carefully thought through. A little research might be all you need to find a low cost and low maintenance high quality appliance. Take your time and choose the best items for your specific home needs.

Considering Purchasing New Home Appliances? Here Are Some Wonderful Tips

No it is not about buying hats or lamps, it is about purchasing a brand-new refrigerator or washing machine. The task is tricky if a customer is a greenhorn or buying it for the first time. Here are some wonderful tips for those who are considering to buy a major home appliance.

Don’t purchase impulsively

Avoid buying rashly or by your instinct. In order to bring home the best model with the best features at the best cost and lifetime warranty, it is important to be patient and do research online. Shortlist some of the good online stores and brick and mortar showrooms and make sure that the products matches your requirements. You can also wait for seasonal sales and bonanzas to avail pocket-friendly deals.

Make a list of what you want

Do you want the latest energy efficient products or is it the cooling features? Do you wish to get long warranties? Make a list of all the things you want before buying.

Read the user instructions carefully

Become familiar with the cautions, user instructions and safety measures before making the purchasing decision. Since it is a major device, it’s better not to gamble because lot of money are at stake and you can’t take it back.

For instance, an alluring touch-pad-temperature-probe-microwave or a fridge whose temperature can be controlled digitally can be great to have but being a layman using them without reading the user instructions will work like havoc.

Get well acquainted with the item

Know more about the application procedures so that you can use them properly. Whether it is a microwave oven, fridge or washing machine make sure they are well acquainted with their application and if it is too intricate avoid it. After all it is never shrewd to buy products that stop operating after few days of buying due to wrong usage or complex functionalities.

For instance, a huge refrigerator brought on sale that stops to function after some days or blocking the traffic of the house in a major way.

Buy the right dimension

Getting the appliance installed properly is of utmost importance. So, make sure that you measure it accurately and have the right dimension before buying.

Get ready for repairing

Repairing costs for home appliances are something which doesn’t cross the mind of the customers while buying. But, this is very much essential in the long-run. Never buy a major piece of equipment without enquiring for the name, location and mobile numbers of the people who can provide the repairing services.

Negotiate with the dealers

Get the best and the most lucrative deals by haggling with the retailers. Buy many appliances simultaneously or ask for free shipping and installation or a free extensive warranty. This will have a major effect on the final price.

To conclude, buying home appliances will get easier for you if you follow the above mentioned tips. So go on a shopping spree.

How Long Does It Take to Buy a Foreclosed Home?

Buying a foreclosed home involves a few different processes than simply buying a property directly from a seller, so it pays to be aware of the amount of time that you’re going to have to wait before you can finally call the property your own.

The key is putting yourself in a position to make an as-is offer quickly, while being able to prove that you can secure the necessary funds to make the purchase. If you have to wait to secure a loan then the process takes a little longer, as you would expect from any house purchase.

Without a Loan

If you don’t have a loan then your first step should be to secure one. Many banks will want to see that you have been preapproved before they will sell a foreclosed property to you, as they do not want to be in a situation where they have to repossess the house again a couple of years down the line.

If you have to secure the loan after already making your interest known, you can expect to wait at least a month to get all of the required paperwork done. This means that the entire process will take somewhere in the region of two months to complete.

When Preapproved

If you approach a bank about a foreclosed property and you already have preapproval for a loan then you are in a far better position. For a start, the bank will know that they can trust you, which means they can get the relevant processes started quickly.

As such, you can expect to wait about 3-4 weeks from your as-is offer to the closing of the deal if you already have pre-approval for a loan in place. Closing on the property should not take very long at all once a price has been agreed.

So What About Closing?

The closing procedures on a foreclosed property are generally much quicker than they would be for a property being sold by an individual seller, as you don’t have to deal with any waiting times that may arise as a result of the seller needing to stay in the property you have just bought, as it is empty and thus available for you to move into as soon as you are ready.

Furthermore, banks will also be very keener to get the house mortgaged to a new owner, which means you will often find the paperwork gets completed much more quickly. Additionally, as you are taking away any sentimentality involved in the sale you will also find that things happen a lot more smoothly.

The Final Word

As such, a general rule of thumb is that you should be able to purchase a foreclosed property in about a month, assuming that you have all of the relevant finances sorted out beforehand.

If you don’t then you will need to wait for whatever time your lender requires to secure a loan, in addition to the time it takes for the deal to be processed, which usually leans towards 2-3 months.

Pros and Cons of Owning a Log Home

For many people, their vision of a dream home is a log cabin tucked away in the woods, or a luxurious log home overlooking a lake, where they can cuddle up next to a roaring fire in an open fireplace. Whether it’s a little cabin or a mansion, many people dream of owning a log home!

However, many people are surprised to learn that there are also special consideration to being a log home owner. Pests, settling/shrinking and unfamiliar maintenance requirements are a few of the items that can be intimidating for buyers at first.

Like any home, there will always be maintenance & upkeep to be done, so don’t let that discourage you. Here’s a list of pros and cons associated with owning a log home. You may want to factor these into your decision of whether owning a log home is right for you.

Advantages of owning a Log Home or Cabin

Energy efficient – Due to timber’s thermal mass, which accounts for the wood’s ability to store and release heat throughout the day and night, log homes are great at conserving energy, and maintaining temperatures. This means your home can be kept cool in the summer and warm in the winter without you having to rely so heavily on air conditioning units and central heating. They are generally regarded as being anywhere from 2.5% to over 20% more energy efficient, if built and caulked properly, as compared to an identical wood-frame home.

Log homes fit into the “green” lifestyle – If being environmentally conscious is important to you, going with log will be a good fit. Builders today tend to use logs from sustainable forests, to ensure that they are not depleting forests that are already in trouble. Combined with the energy efficiency referenced above, this means that they are very “green”.

Traditional charm with modern conveniences – many people love log cabins because they bring to mind a simpler way of life. In today’s homes, you can keep that traditional charm while also adding the modern conveniences many of us don’t want to live without – beautiful modern kitchens with all the important appliances, central heat & air, open floor plans with vaulted ceilings, even integrated technology. These offer comfort and convenience in the rustic setting you’ve dreamed of, bringing you the best of both worlds.

Solid, secure homes that are beautiful, cozy and quiet. Log walls are natural sound insulators too, giving you a well-built home with an unmatched feeling of security.

Possible Disadvantages of owning a Log Cabin or Home

Maintenance & Upkeep – this is an area that can surprise new owners. Log homes have unique maintenance requirements as compared to traditional stick-built homes. Note, though, that doesn’t mean that maintaining one is “more difficult”. It’s just different. The logs may require regular caulking/chinking to ensure that water & air stay out. Staining or sanding may be needed as well. Since the logs may expand and contract as the temperature changes, settling can occur. However, some issues caused by this can be addressed during the construction process, so if you’re building, make sure you hire a reputable and experienced builder. If you’re buying a pre-built home, be sure to involve a qualified inspector that has a good knowledge of log homes.

Pests can be a problem – bugs (most commonly carpenter bees and termites) may want to make the logs their homes and/or feed on the wood. These can be effectively managed with regular care and attention.

Insurance may be more challenging to get – don’t assume that your regular carrier will insure your log home. Most big-name insurance companies do provide coverage. Be sure to do your research and find a reputable company that offers log home insurance. Also, because many are located in rural areas that are further from fire departments & hydrants, you may see higher fire insurance rates.

Be careful with kits – if you’re building new, a log home kit may seem convenient. However, since not all kits are created equally, they may also present challenges. Kits are designed to fit perfectly together like a puzzle for a pre-designed plan. This leaves little room for creative changes you may want along the way. Some provide only the logs and timber, while others may include items such as interior walls. Some companies keep the costs down by using inferior materials. If you decide to use a kit, make sure that you know exactly what the kit includes, check reviews & ratings on the company you’ll be buying from, and be sure the design is what you want.

It can be hard to sell a log home – though some people think that they are harder to sell than stick built homes, we’ve found that good maintenance of the home, combined with specialty marketing tools and knowledge can make the sales process quicker and easier

In the end, as long as you’re aware of the needed care for your log cabin, we believe the advantages outweigh the disadvantages!