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Sales comparison approach |
The method of evaluating a property's value by
comparing it to actual sales prices and values of comparable
properties |
|
Sale-leaseback |
A transaction in which a seller deeds property
to a buyer for a consideration, and the buyer simultaneously leases the
property back to the seller |
|
SBA |
Abbreviation for the Small Business
Administration |
|
Second mortgage, or junior
mortgage |
A mortgage whose claim to repayment is of lesser
priority than another, previously recorded mortgage, usually or shorter term
and often at higher interest |
|
Secondary market |
Agents or agencies that buy mortgages from
primary lenders, usually at discounted prices, to sell to
investors |
|
Section, or Section of
land |
A parcel of land measuring one square mile or
640 acres |
|
Set Back Lines |
The distance designated by zoning regulations
that is required between the perimeter of a property and where structures can
be positioned |
|
Secured loan |
A loan guaranteed by collateral |
|
Security |
The property pledged as collateral for a loan or
mortgage |
|
Seller take-back |
A contract whereby the seller of a property
provides financing, sometimes as part of an assumable mortgage |
|
Severalty, or Sole
ownership |
Ownership of real property by only one
individual |
|
Special assessment |
An additional tax imposed by the government
against specific parcels of real estate that will benefit from a public
improvement, such as a street |
|
Special warranty deed |
An agreement whereby the current owner/seller
guarantees he has done nothing that would impair or cloud title, but does not
make any guarantee for what occurred prior to his ownership of the
property |
|
Specific performance |
A legal action that requires a party to honor
the terms of a contract |
|
Statute of limitations |
The time period allowed for the filing of a
legal suit to enforce a claim, after which any such claims are
barred |
|
Step-rate mortgage |
A loan that allows for the interest rate to
increase in increments according to a designated schedule for a specified
period of time, at the end of which, the interest rate returns to a constant
percentage |
|
Subagent |
An individual or party who is employed by
someone already acting as an agent |
|
Subdivision |
A tract of property that is divided into streets
and individual lots |
|
Subject to |
Taking ownership of a property with a lien
(legal claim or charge) against it, but not assuming responsibility for the
said lien, while the holder who forecloses the lien can take the property, but
may not collect money from the owner who took "subject to" |
|
Subsidized second
mortgage |
An alternative financing option for low- and
moderate-income households, issued by a state or county housing foundation,
agency or nonprofit corporation, whereby the buyer can purchase a first
mortgage with a subsidized second mortgage behind it; payment on the second
mortgage is often deferred and carries a low or no interest rate, and a portion
of the mortgage may be forgiven incrementally for each year the buyer resides
in the home |
|
Survey |
The process of determining property areas, by
measuring its dimensions, lot lines and other physical features
Also, the
map that results from such measurements taken |
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| Q |
Legend has it that when Brigham Young first saw this city in 1847, he exclaimed: "This is the place!"
|
| A |
Salt Lake City, Utah. |
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Parker Quigley Lake Specialist Team
RE/MAX Foothills Realty
4022 Clemson Blvd.
Anderson, SC 29621
Phone 1: 866-244-8439
Phone 2: 877-314-1058
Fax: 864-287-0858
parkerquigley@NUMBER1EXPERT.com
This site is your one stop Comprehensive Website provided by Parker Quigley's Lake Specialist Team and ReMax Foothills Real Estate. Services we provide are: Lake Hartwell Anderson SC Realtors, Lake Keowee Seneca SC Realtors, Lake Hartwell Realtors licensed in Georgia & S.C., Lake Hartwell Buyer Agent Representation, Lake Hartwell Listing Agent with an extensive marketing plan that really works!, Lake Keowee Buyer Agent Representation, Lake Keowee Listing & Marketing Real Estate Agent Specializing in Upstate SC Lake Property. We are licensed Real Estate Agents in Anderson, SC who perform our duties with the utmost professionalism & dedication.
Lake Hartwell is a very large man made Lake with 56,000 acres of water & over 900 Miles of beautiful shoreline.Lake Hartwell is managed by the U.S. Army Corps of Engineers and is well marked with a navigational buoy system as well as shoal markers & no wake zones under bridges and entering it's five marinas (Hartwell Marina, Big Water Marina, Portman Marina,Harbor Light Marina & Clemson Marina). Clemson University also sits on the shoreline of Lake Hartwell and owns a lot of waterfront property on the Seneca River & Coneross Creek Channels of Lake Hartwell. There are also Lakefront Restaurants you can go to by boat such as: The Galley & Nami Asian Bistro at Portman Marina; Charlie T's (located on six & twenty creek by water and Exit 19-A by car); T-60 Grill (located on the Tugaloo River @ Buoy T-60); Swamp Guinnea (located in Hartwell, Georgia), Weinacker's (Located on Coneross Creek) and Season's (Located @ Clemson University Madren Center on the Seneca River). Whether you are searching for a weekend cottage or an upscale permanent Lake Hartwell residence, we will leave no stone unturned in our search for your perfect Lake Hartwell Property. Lake Keowee is also a manmade lake about 1/3 the size of Lake Hartwell. Lake Keowee consists of over 300 miles of shoreline and over 18,000 acres of water and is located north of lake Hartwell. Lake Keowee is managed by Duke Power and boasts gorgeous Blue Ridge Mountain Views and crystal clear water. Our team prides ourselves on the ability to show Lake Hartwell & Lake Keowee Real Estate by Water when you narrow your search. Both Lake Hartwell & Lake Keowee offer a wide range of available Waterfront Real Estate options from Vacant Land to Cottages to Executive Homes & New Construction on the shores of both Lakes Hartwell & Keowee. Both Lake Keowee & Lake Hartwell are very condusive to many types of water sports such as: Waterskiing, wakeboarding, kayaking, canoeing, jet skiing and of course swimming. Many people choose to have a houseboat docked at any one of the marinas so they can anchor out in a private cove for the weekend or take all of their friends to the Clemson Football Games. Yes....you can go to the games by boat. How Fun is that??? North of Lake Keowee you will find Lake Jocassee whick is a true mountain lake and paradise on earth. Lake Jocassee offers 100+ feet of water depth in many areas, several actively flowing waterfalls and beauty beyond belief. Lake Jocassee is surrounded by Mountains and protected national Park land. Lake Jocassee Real Estate is much higher priced than Lake Hartwell & Lake Keowee Real Estate due to lack of available property. Parker's Lake Team offers Buyers & Sellers Professional Real Estate services in Upstate South Carolina Counties including: Anderson, Oconee & Pickens Counties in South Carolina as well as Hart, Franklin & Stephens Counties in Georgia. Providing SUPERIOR LAKE HARTWELL REAL ESTATE & LAKE KEOWEE REAL ESTATE service TO Waterfront Buyers & Sellers on Upstate S.C. Lakes 24 hours a day/ 7 days a week! Lake Hartwell & Lake Keowee Vacation Homes to Permanent Homes....We have the neccessary EXPERIENCE you need to have a smooth & happy transaction! Lakes Hartwell & Keowee are fast becoming very popular Retirement Destinations in South Carolina. Call the Professional ReMax Foothills Lakefront Real Estate Specialists: Parker Quigley's Lake Team Today and Start making your Lakefront Memories TODAY!     
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