Lake Hartwell, Lake Keowee and Anderson South Carolina real estate listings, home buying, selling and relocation information

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Closing or Settlement >Escrow Rules

The lender is allowed to accumulate a borrower's payments up to a two-month advance cushion at the end of a year. But if a surplus develops beyond this amount, the borrower is now entitled to an immediate refund unless the surplus is less than $50. These rules apply to new loans.

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Q	What is a Balloon Mortgage?
A	A balloon is a short-term mortgage which requires the entire balance of the loan to be re-paid at the end of the loan term.
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Greg O'Leary, Mr. Lake 1, REALTOR®, real estate agent and broker for Lake Hartwell, Lake Keowee and Anderson South Carolina home listings, property and land for sale - NUMBER1EXPERT(tm)

Greg O'Leary, "Mr. Lake 1"
RE/MAX Foothills Realty
4022 Clemson Blvd
Anderson, SC. 29621
864-933-4648
864-933-4623
864-231-8306
Fax: 864-224-9970
Toll Free #: 1-888-687-5665 ext 138
Email: mrlake1@NUMBER1EXPERT.com
Greg's thorough knowledge of Lake Hartwell and Greater Anderson's real estate market coupled with integrity, enthusiasm, and a willingness from experience to understand buyers' and sellers' needs, has allowed Greg to help hundreds of relocating and local clients. 90% of his clientele come from existing and repeat clients, which has distinguished Greg with several awards, including, #1 with the Anderson Association of Realtors and the Carolinas’ Top 20 RE/MAX Award and a member of the RE/Max Hall of Fame. He has expanded to the Mr Lake 1 Group which includes his wife Evelyn. The Mr Lake 1 Group prides itself in being a totally comprehensive team, committed to serving their clients' varied needs. Whether your needs are lake property, farmland, acreage, residential or commercial property, Greg can be of help.

www.mrlake1.com is brought to you by Greg O'Leary, Mr. Lake 1
NUMBER1EXPERT™ in real estate for Lake Hartwell, Lake Keowee and Anderson, South Carolina, lakefront and waterfront properties

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