John Wieland Homes and Neighborhoods Offering Luxury Townhomes on Daniel Island

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Bridgeport townhomeDiscover luxury at its best with a Daniel Island address from John Wieland Homes and Neighborhoods. Priced from the $600,000s, the new Bridgeport townhome plan at Smythe Park is now available and provides the perfect combination of sophistication and easy, low maintenance living.

The Bridgeport is a three-story, elevator-ready townhome with three bedrooms, three-and-a-half baths, a two-car garage and 3,050-plus square feet. Priced at $649,900, homesite #5 is a move-in ready end unit. The townhome includes a cook’s kitchen with keeping room opening to a large deck, a spacious great room with fireplace surrounded by custom built-ins and a separate dining room. The owner’s suite features a spa-like bath with soaking tub, dual vanities and walk-in closet. The third floor includes an additional bedroom with full bath, bonus room and access to the private sky terrace with spectacular views of the island and marshes.

In addition to this move-in ready townhome, three more are under construction. Each can be personalized at John Wieland Homes and Neighborhoods’ exclusive New Home Design Studio, where there is a refined selection of today’s finest features and finishes. Plus, every new home is protected by the Wieland 5 Year – 20 Year Warranty.

Just minutes from Downtown Charleston, Daniel Island is nestled between the Cooper and Wando Rivers. This one-of-a-kind destination is a thriving island town with boutiques, shops, more than a dozen restaurants and resort-style amenities including golf, swim, tennis, parks, walking trails and 23 miles of rivers and creeks.

To learn more about the Bridgeport and to schedule a tour, call 843-971-7100. See more details at www.jwhomes.com/danielisland.

Loans for Home Renovation: Do or Don’t?

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Hammer on Stack of MoneyMany homeowners that need to complete a home renovation debate taking out a loan or using their savings to cover renovation expenses. Two popular options for those not wanting to tap into their savings are a home equity loan or a home equity line of credit (HELOC).

What’s the difference? A home equity loan is similar to a mortgage in that you are given a specific amount that you must repay over time in fixed monthly payments. A HELOC is a line of credit that you can use when needed as long as you don’t exceed the credit limit. There are monthly payments with a HELOC, but you may be able to make interest-only payments for a period of time.

A home equity loan or HELOC can be a good route for some people, but first you should ask yourself the following five questions that the finance experts at Equifax discuss in the recent article, “Paying for Home Renovations: Tapping Home Equity vs. Using Savings,” to find out if you are in a situation where taking out a home equity loan or a HELOC would be a smart financial move for you.

  1. How much debt do you already have?

If you already have a great deal of debt, especially debt that has a high interest rate, you should evaluate whether you can take on any additional debt at this time.

  1. How much equity do you have in your home?

If you have less than 20 percent equity in your home, it might not be a great idea to borrow against it for three reasons. First, if you are paying private mortgage insurance, it is good to eliminate that payment first. Second, many lenders want you to have some stake in your home and will not let you borrow if you have less than 20 percent equity in your home. Third, you could potentially lose a significant amount of money if you put yourself in a financially unstable situation and your home value drops.

  1. How much are you thinking about borrowing?

Getting a home equity loan is similar to getting a mortgage and involves similar start-up costs such as an appraisal, an application fee and closing costs. Be prepared to pay these costs and also be aware that home equity loans can carry adjustable rates and your monthly payments could go up over time.

  1. How much cash do you have?

If you don’t have enough in savings and do have a significant amount of equity in your home, a loan or HELOC would be a good option for you, especially since interest rates are so low right now. If you have a lot of cash in savings, it is probably not worth borrowing money that you will have to pay back with interest, unless the home renovation would eat up all of your savings and leave you with no emergency funds.

  1. How long do you plan to stay in the house?

Keep in mind, if you are doing a home renovation with the intent of selling before you have a chance to pay off the loan, you should consider having another means of paying off the loan. This is because when you choose to tap into your home equity, you are using your home as collateral, and if you sell your home, that collateral disappears.

In the end, whether you decide to use savings or borrow money with an equity loan or HELOC for your home renovation, keep your return on investment in mind and make sure the investment is worthwhile.

For more tips, visit the Equifax Personal Finance blog.

 

 

John Wieland Homes and Neighborhoods Opens BridgeMill Summer Club

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New Amenities at BridgeMill Summer Club in CharlotteSouth Charlotte’s favorite club address just got better! John Wieland Homes and Neighborhoods is excited to announce the opening of BridgeMill’s new Summer Club. Adding to the neighborhood’s wide array of resort-style amenities with a swimming pool, playground and pavilion, residents will have more choices for splashing, playing and fun.

In addition to the new Summer Club, first class amenities are brought to life everyday at The Club at BridgeMill. This amenity center includes a 7,000 square foot neighborhood clubhouse with fitness center, recreation room, gathering rooms and caterer’s kitchen; a competition pool with lap lanes, waterslide, zero entry wading area and water play features; three lighted tennis courts; a basketball court; a sand volleyball court; a private three-and-a-half acre lake with walking trail; and a neighborhood park with playground and outdoor entertaining area with gazebo and fireplace.  Continue reading →

John Wieland Homes and Neighborhoods Opens New Designer Model Home at River Run

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Clairemont floor plan at River Run from John Wieland's new Freedom CollectionAs part of its Signature Portfolio’s Freedom Collection, home builder John Wieland Homes and Neighborhoods introduces The Clairemont Designer Model in the distinguished North Raleigh community of River Run. The Freedom Collection is a new plan collection at River Run, offering spacious, flexible home designs in the neighborhood’s final phase.

The four bedrooms, four baths Clairemont model home is one of the most spacious in the Collection with more than 3,600 square feet of flexible space to work, play and grow. Continue reading →

Sneak a Peek of the Progress at Summers Corner

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Summers Corner RenderingFrontDoor Communities was selected as one of the home builders for the much-anticipated Summers Corner project, located in the heart of South Carolina’s Lowcountry in Summerville between Beech Hill Road and Summers Drive. Construction of five model homes is underway along with a number of amenities at Summers Corner, where modern amenities meet small-town charm.

FrontDoor Communities, alongside Sabal Homes and Eastwood Homes, will develop a garden-like community with several small, distinct neighborhoods that mimic a small town centered around a park. Sprawling more than 6,000 acres, the community will have numerous amenities including Buffalo Lake with a pavilion and canoe launch; a neighborhood pool house; an outdoor market and a multi-faceted trail system, among others. The community will also boast common areas where residents can gather for a glass of wine or craft beer with neighbors, join a yoga class, enjoy a farm-to-table dinner, have a cup of coffee, take in a flower or vegetable gardening demonstration, or browse the wall art installation. Summers Corner will also have a future Village Center complete with opportunities for shopping, dining and even working.

Garden Portfolio Rendering

With historic Lowcountry architecture influences, five distinct home portfolios have been announced so far – Cottage, Terrace, Garden, Manor and Heritage home styles – with more to come. Designed to honor the nature around them, none of the homes will be farther than a two-minute walk from the park. This unique, one-of-a-kind community is founded on the time-honored principle of connection with nature and each other. The atmosphere that Summers Corner will provide is a live, work, play community in the truest form.

The first neighborhoods are estimated to bring 400 homes. FrontDoor Communities will offer homes in the Cottage, Terrace and Garden portfolios, with plans ranging from 1,300 to 2,800 square feet and prices starting in the high $200,000s. Homes will be ready for sale later this fall.

On Saturday, Aug. 1, there will be a preview event for potential homeowners to see the Corner House, view homes under construction and learn more about Summers Corner. Held from 9 to 11:30 a.m., attendees must be on the list to attend the preview. To sign up for the Summers Corner interest list, register on the Summers Corner website in the “Join Us” section.

For more information on the vision of this one-of-a-kind community, visit www.SummersCorner.com. To learn more about building a home with FrontDoor Communities, visit www.FrontDoorCommunities.com.