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The Lake and Home Group Blog

Jay Hufnagel

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Displaying blog entries 31-40 of 124

NEW LOAN PROGRAM FROM SUNTRUST

by Jay Hufnagel

 Here's some great information that I received from Gary Welch at SunTrust Mortgage.

Affordable Housing Mortgage

With an Affordable Housing Mortgage from SunTrust Mortgage, Inc., you could enjoy the benefits of owning a home sooner than you think. This loan program offers enhanced flexibility, a low down payment requirement, and easy qualifying guidelines — to help you more easily achieve the dream of owning a home.

• Up to 97% financing* available in designated areas

• Stable, fixed rate loan terms for primary residences

• The seller can contribute a percentage of the purchase price:

— Up to 4% for loans with a down payment of less than 10%

— Up to 6% for loans with a down payment of 10% or more

• Gift funds accepted for down payment — after a contribution of $500 of your own money

• Mortgage insurance is not required

• No minimum loan amounts

Feel free to contact Gary at:

 

Sincerely,

 

Gary Welch
Vice President, SunTrust Mortgage
770.888.2232 phone
404.581.4564 fax
gary@garywelchhomeloans.com
home.garywelchhomeloans.com

 

ENJOY CLEM'S MEMORIAL BLUEGRASS FESTIVAL

by Jay Hufnagel

Are you looking for something to do this weekend? Jerilyn Wiech, Keller Williams Realty Agent, sent me this information:

If you have not been to Clem's Shoal Creek Music Park you are missing some of the best Bluegrass Music around. I attended last year for the first time and was impressed at how great the music was.
 
According to Facebook, Clem past away this past February after 21 years of service to the Shoal Creek Community. Here is just a small blurb of what his son Zeke posted in Facebook:
 
Founded in 1961 by Alton Walters, the Shoal Creek Country Music Park (as it was known then) played host to many wild times including Johnny Cash rolling out "Folsom Prison", Dolly Parton shaving her legs on the creek bank, Conway Twitty performing to a crowd of 6,000 - Jerry Lee Lewis pushing a piano off the Stage and Tammy Wynette leaving George Jones by the exit door at the Blue Auditorium.

Included was an outdoor pavilion on the banks of Shoal Creek for Spring/Summer shows and in 1971 the Blue Auditorium was built to host Fall/Winter shows and former Georgia Governor Lester Maddox presided at the opening ceremonies for the 3,500 seat facility while Dolly Parton and Porter Wagoner performed. 
 
While you're in the area, please feel free to check out some of the great Lake Hartwell Real Estate deals.
 
 
Here's some information on the Festival.

 

 

A NOTE ON MEMORIAL DAY WEEKEND

by Jay Hufnagel

A BIG “THANK YOU” TO ALL OF YOU THAT HAVE OR ARE CURRENTLY SERVING IN OUR MILITARY.

With Memorial Day Weekend starting tomorrow, it’s easy to forget about all of our wonderful Veterans that have served in the Military, many of which have been injured or given their lives for our Country. Well, it’s my wish that we don’t forget. That we take a minute, and thank God for their service and devotion to the United States of America.

                             

By the way, if you’re planning a trip or going to the lake, don’t forget to turn off your water at home before you leave. We didn’t turn ours off 3 years ago, and a $3.00 toilet gasket cost us close to $100,000 in repairs. Here's what happened!

LAKE KEOWEE WATERFRONT HOME FOR SALE

by Jay Hufnagel

863 Hunnicutt Cove Rd, Seneca SC - Spectacular Lake Keowee Waterfront Home with a Full Size Covered Slip Dock. You’ll love the Lake Views from most Rooms in this Fantastic Lake Home. Highlights include:  Open Floor Plan, Upgraded and Elegant Kitchen with Cherry Cabinets , Granite Countertops and Stainless Steel Appliances, Bamboo and Tile Flooring, Fireplace in Family Room and Terrace Level, Large Game and Recreation Room and a Screened-in Porch off the Kitchen and Family Room that Runs the Length of the Home. Offered at only $450,000. Some of the Main Highlights are shown below and are described in this Virtual Tour, but come see for yourself.

Main level laundry room

Newly renovated throughout

Bamboo & tile flooring

Fully finished lower level

Large game room

Kitchenette on lower level

Easy walk to dock

Irrigation system in backyard from lake

Easy care landscape

Large kitchen with cherry cabinets, granite & stainless steel

Great waterfront views from master, kitchen, family room, lower family room, gameroom

Screened in porch off kitchen & family room that runs the length of the home

Built in speakers in kitchen & gameroom

Speakers on screened in porch

Dock has upgraded electrical service

Pathway lights

Central Vacuum on main & lower levels 

Main level laundry room

Newly renovated throughout

Bamboo & tile flooring

Fully finished lower level

Large game room

Kitchenette on lower level

Easy walk to dock

Irrigation system in backyard from lake

Easy care landscape

Large kitchen with cherry cabinets, granite & stainless steel

Great waterfront views from master, kitchen, family room, lower family room, gameroom

Screened in porch off kitchen & family room that runs the length of the home

Built in speakers in kitchen & gameroom

Speakers on screened in porch

Dock has upgraded electrical service

Pathway lights

Central Vacuum on main & lower levels

MASTERS TOURNAMENT TICKET INFO

by Jay Hufnagel

Did you receive your invitation to apply for the 2012 Masters Golf Tournament Tickets? If not, here is your chance to enjoy one of the best events of the year. Plus, if you're not from the Southeast, it'll give you a great excuse to enjoy our warm weather, great Southern Hospitality, and best of all, see why so many people enjoy calling Georgia and South Carolina home.

Here is an excerpt from a recent email I received:

"The Masters Tournament is pleased to announce that our annual random selection process for Practice Rounds tickets is now available exclusively online.  In addition, the application includes the opportunity to apply for a very limited number of Daily Tournament Tickets (Thursday – Sunday).

As in the past, only one application per person or address will be accepted (one per household) and all applicants must be 21 years of age or older.

To apply for 2012 Masters tickets, please visit www.masters.com, select the "Tickets" tab from the top navigation menu.  To register, you must provide your email address, then a temporary password will be emailed to you.  After you receive your temporary password, you will sign in using your email address and the temporary password sent to you."

By the way, while your in the area, why not see some great Real Estate and Lake Property.

LAKE LANIER ISLANDS ARTS AND CRAFTS AND BOAT SHOW

by Jay Hufnagel

Are you looking for something to do this weekend? There will be an Arts and Craft and Boat Show at Lake Lanier Islands Saturday, April 2nd and Sunday, April 3rd, from Noon to 5:00pm. Please see the information below on how you can win a $50.00 prize from the Lake Lanier Association.

 

 

BY THE WAY, WHILE YOU'RE OUT AND AROUND THE LAKE, IF YOU SEE ANY LAKE LANIER REAL ESTATE THAT APPEALS TO YOU, PLEASE FEEL FREE TO CALL ME AT 770-757-2799 OR EMAIL Jay Hufnagel AT SAYJAY@BELLSOUTH.NET .

 

LAKE HARTWELL REAL ESTATE SHOWS BIG IMPROVEMENT IN 2010

by Jay Hufnagel

Lake Hartwell Home Sales improved 78% over 2009. That’s a strong indicator that we’re moving in the right direction. In my opinion, this increase can be attributed to the Lake being close to full pool and more Buyer confidence in the market. Average Sale prices have decreased by approximately 10% with most buyers still looking in the $200,000 to $350,000 range. As you review the actual sold listings, you’ll see that many of these were tremendous deals, and they include Bank Owned Lake Hartwell Foreclosures and other Distressed Properties.

Here are statistics for the 2010 “waterfront” Real Estate activity on Lake Hartwell. This list does not include condos and townhomes (source: SC Western Upstate MLS and does not include FSBO and non Upstate MLS listings):

                                          2010           

 Homes Sold –             114                                                                    

            Average Days on the Market –                       181                 

            Average List Price -                                   $356,922             

            Average Sale Price -                                   325,395             

            Sale vs. List Price –                                     91.2%             

Note: List Price is the last price reflected in the MLS listing and may not be the Original List price. Also, some properties may have been listed multiple times.   

            Current Active Listings -                                 342                

            Current Homes Pending (under contract) -          19

 

If you’d like to receive an actual list of Lake Hartwell Real Estate (Waterfront Homes sold in 2010), please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.

Click here for Homes Sold and Under Contract

 The time to buy lake property is now ….”they’re not making any more of it”.   

 

By: Jay Hufnagel, Keller Williams Realty, Lake and Home Group, 770-757-2799, just “Say Jay” for Real Estate

LAKE LANIER 2010 HOME SALES SURPASS LAST YEAR

by Jay Hufnagel

Lake Lanier Real Estate “Dockable” Lake Home Sales saw a big increase (about 30%) over 2009 sales. That’s fantastic! It signals things are really starting to improve. Buyers are getting great bargains. Last year the average sale price was approximately $546,801. This year that figure has dropped to $426,271. Every lake home buyer wants the same thing – “a great deal”.  I expect that Buyers will continue getting what they want in 2011. 

Here are statistics for 2010 “Dockable” Lake Lanier Real Estate. This list does not include condos and townhouses. (Based on information from the First Multiple Listing Service (FMLS) and does not include FSBO and non FMLS listings):

 Homes Sold                                                        142                                                                 

            Average Days on the Market                        147                  

            Original Average List Price                       $522,754             

            Average Sale Price                                    426,271             

            Sale vs. List Price                                      81.6%             

 

            Current Active Dockable Listings                  662                 

            Current Homes Pending (under contract)        20

 

If you’d like to receive an actual list of the homes that have sold or that are pending, please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.

Buyer Full Report
       CMA Buyer

The time to buy lake property is now ….”they’re not making any more of it”.   

 

By: Jay Hufnagel, Keller Williams Realty Atlanta Partners, www.SayJayLakeandHome.com , 770-757-2799, just “Say Jay” for Real Estate

LAKE KEOWEE REAL ESTATE SALES RESULTS FOR 2010

by Jay Hufnagel

Good news - Lake Keowee Real Estate Sales saw a 23% increase of “dockable” waterfront homes sold in 2010. Waterfront Home Buyers found great deals in 2010. Average Sale prices declined significantly from $903,778 in 2008, to $745,200 in 2009, and to $703,563 in 2010. It’ll be interesting to see if 2011 continues that trend or whether we’re at the bottom. What do you think?

Here are some statistics on Lake Keowee Real Estate activity for 2010 (source: SC Western Upstate MLS and does not include FSBO and non SC Upstate MLS listed properties):

 

LAKE KEOWEE WATERFRONT AND DOCKABLE HOMES SOLD

 

Homes Sold (excludes Condos & Townhouses) – 80

            Average Days on the Market – 197

            Average List Price - $804,468

            Average Sale Price - $703,563

            Sale vs List Price – 87.5%

            Active Listings – 176

            Pending Listings - 13

Please click on the link below for a list of the actual sales that were included in this report or email me at sayjay@bellsouth.net .

 

Lake Keowee Waterfront Home Sales

Click Here to View Listings

 

I’d be interested in your comments as to how these statistics compare to what your expectations were and what you would assume they would be.

 

By Jay Hufnagel, Keller Williams Realty, Lake and Home Group, 770-757-2799, www.SayJayLakeandHome.com

NEW GUIDELINES FOR SHORT SALES COMING SOON

by Jay Hufnagel

Are you interested in Short Sales? New conditions are being added to loans for Buyers interested in purchasing a Short Sale. Here is part of an interesting email that I just received from Jodi Poore, Loan Specialist with PrimeLending:

In todays market we are dealing with a lot of short sales.  Just wanted to give you a heads up on an added condition that is coming to fund these loans.  Many banks have already started this but the rest will follow shortly.  Proof that the sellers bank has agreed to the short sale will be part of the funding conditions.  We still can start the file on the verbal acceptance and start the loan, but in order to fund the loan the day of closing all banks are going to require a signed document showing the selling bank has agreed to the short sale. 

In my opinion, this will be a big help for buyers. Many buyers are turned off about the delays and run-a-rounds when trying to buy a short sale. Knowing that the Bank or Lender/Investor has already approved of the possibility of a short sale will greatly enhance that process.

Do you know what a Short Sale is? This link may help.

 

Displaying blog entries 31-40 of 124

Contact Information

Lake and Home Group
Keller Williams Realty
4878 Manhattan Dr.
Buford GA 30518
GA: 770-757-2799
SC: 864-287-7530
Fax: 770-504-5509