Max. Swap Value:
Swap For Location(s):
Belize, Dominica, Dominican Republic, Florida, Other, Outside of US, Virgin Islands

Will swap for:

Multifamily or Commercial
Residential

What we want ...................

We are open to a single family home, a bed & breakfast, or a small eco-resort. Our ideas for a single family home are noted below. But we are flexible and open to ideas ... a B&B or small resort is of equal interest to us. In a single family home, we are looknig for ...

- Min. 3+ bedrooms (4 + much preferred) or 3+ and guest house or MIL apt over a garage or something like that

- 3+ acres (the more the better) - again, we are flexible for the right deal

- We would prefer a much larger house in the 5,000 sf+ range (or a B&B or a small eco-resort), but we are open to different configurations based on location and acreage and value of the property - we would go down in size if we got other amenities in the property we end up with. Our preference is larger but, again, we're flexible for the right deal.

- Would really like a pool if possible

- Would really like a barn or warehouse of some kind - this is NOT a requirement

- Would love a property that is completely fenced already - not a requirement, but a plus

- Do not want to have neighbors on top of us

- No major repairs (some cosmetic ok, but the idea is little to no cash out of pocket)

- If you have a mortgage, that has to be paid off – perhaps your lender will take our properties as a deed in lieu of the remainder of your mortgage, particularly if we offer more of our equity than they are asking for the house. We do not want to do a wrap and we do not want to have a mortgage. We will trade more of our equity than you owe to get that done if we need to.

- We would MOST like to own a nice home OR a B&B OR a small eco-resort with acreage in the Caribbean in an English speaking or at least partially English speaking area (does NOT have to be beach front - inland or mountain is ok) - perhaps Belize or the Dominican Republic - but would also consider a nice home with acreage in Florida - anywhere in FL is a possibility, but best case scenario is near Tampa/Floral City/Myakka City, etc. The Caribbean is our first choice but we are flexible and open to ideas.

Call John or Karen at 803-283-1129 or email at kfranse@comporium.net or jfranse1@comporium.net.

Description: MIX & MATCH SOME OR ALL OF OUR 8 PROPERTIES TO MAKE THE TRADE THAT WORKS FOR YOU!

A couple of quick tidbits of information for you ...

Yes, our primary residence DOES have a secret passage. How COOL is that? And no, we are not posting a photo of the secret passage here on the Internet or it wouldn't really be a secret anymore, would it!?!

Second important piece of information ... The $380,000 value noted in the auto-format portion of this listing is for our primary residence ONLY - if you add up ALL 8 of our properties, the value is $1,017,000 and equity is $628,000 for all. We will sell them indepently or as a group or in mix-and-match groups ... so please read on for LOTS more info ...


We have LOTS of property, LOTS of equity and LOTS of opportunity for us to make a GREAT deal here ... so mix and match our properties with your needs and see what works best!


We have a LOT of property in Lancaster, SC 29720. EIGHT properties to be exact!!! This means we have a lot of ways that properties can be bought, sold, traded or packaged to meet both our needs and yours!

If you don't live in SC or don't want to move here, you won't have to - many of our properties are investment properties and we have a great property manager who would be more than happy to manage them for you. Or, choose your own property manager. Either way, our SC properties have a lot of opportunity. You don't have to miss out on that because you are located elsewhere geographically!!

OK, SO WHERE ARE THESE PROPERTIES?

All of the properties we have to offer are in Lancaster, SC, which is about 30 miles south of Charlotte, NC, and about halfway between Columbia, SC, and Charlotte, NC. Our real estate market is pretty stable in comparison to places like CA and FL that have experienced extreme fluctuations lately, which is good for the prospective investor in SC real estate.

As I mentioned, we have 8 properties.

THREE PROPERTIES WE OWN FREE AND CLEAR!!!

If you want a HASSLE FREE trade, we an do an even swap. We own three of our properties free and clear and can use those three for an EVEN SWAP ($444,000 value) - our three properties for your one HOUSE. They include a residential income property, a 10-acre parcel of residential land, and an 0.86 acre parcel of commercial land alongside the 521 freeway, a MAJOR htoroughfare between North Carolina and South Carolina.

FIVE OTHER PROPERTES OF OURS HAVE EQUITY PLUS MORTGAGES!

We also own five other properties - those five have mortgages (5 houses, but only 2 mortgages) but also have significant equity - HUNDREDS OF THOUSANDS of dollars of equity. So, the best thing to do, we think, is to show you what we have available - ALL OF IT - and then you can decide what may work best for you.

EVEN SWAP??? BUY US OUT AND KEEP OUR EQUITY? You decide!

Then, let's talk. We are creative and open to any idea that will get us both where we want and need to be. Our goal is to trade some or all of the three properties we own free and clear as an EVEN SWAP for one very large HOUSE in Florida, the Virgin Islands, Belize or the Dominican Republic (we are open to other Caribbean type warm places that are safe and a short flight to the U.S. as well).

We do NOT want a mortgage on the house we trade into. That is THE most important criterion to us - no mortgage on the house we trade into.

SO ... WE CAN DO AN EVEN SWAP OF OUR THREE PAID OFF PROPERTIES .................. OR IF YOU LIKE ONE OR MORE OF THE OTHERS BETTER, THEN BUY US OUT AND KEEP OUR EQUITY - $100,000+??? TOWARD YOUR TRADE!

We also want to trade or sell all of our other propeties that have mortgages on them. If you want to buy our personal residence, for example, (quite the bargain, if I say so myself!!!) and you have a vacation home in Belize or a small house in Florida that is worth less than ours is, then you would need to pay off our existing mortgage, but we would trade the $100,000+ equity we have toward getting us into your house in Belize or Florida or wherever it may be. So, we are willing to TRADE the equity in one or more of the properties we have that do have mortgages on them if you are interested in owning one or more of those, and apply the equity toward a trade. But the mortgages would have to be satisfied and we cannot do a wrap.

LET'S GET CREATIVE!!!

There are many possible ways to achieve a win-win here. If you see something you want to talk about, just give us a call or drop us an email. - John and Karen at 803-283-1129 or kfranse@comporium.net.

If this ad is giving you sensory overload and you just want a simple, stratightforward even swap of your paid off house for some paid off property, then look at our other ad that ONLY addresses the three properties we have that are paid off. This is an EASY swap solution - three properties, no mortgages, $444,000 value, even trade for your one house in one of our desired locations. SEE THAT AD AT GO SWAP 5586.

SO LET'S SUMMARIZE THIS ...

All together, we have eight properties with about $628,000 of equity on a total value of $1,017,000 USD of real estate all located in South Carolina. We owe $389,000 in mortgages that would have to be paid off IF YOU WANTED THE WHOLE ENTIRE COMPLETE AND TOTAL PACKAGE OF ALL THE PROPERTIES. We would trade the $628,000 in equity for a single family home in Florida, Belize, Dominican Republic, Virgin Islands, etc.

WHAT IF YOU DO NOT WANT THAT MUCH PROPERTY??? No problem! We are willing to mix and match and work out whatever works best for us both.

WE ARE WILLING TO SELL/TRADE PROPERTIES SEPARATELY AS WELL AS IN A GROUP. YOU DECIDE WHAT WORKS FOR YOU AND THEN LET'S TALK!!

KEEP IN MIND: YOU DO NOT HAVE TO LIVE IN SC TO DO THIS DEAL!! IF YOU WANT TO RENT OR SELL THESE PROPERTIES, WE HAVE A RELIABLE AND HONEST PROPERTY MANAGER WHO IS ALSO A LICENSED CONTRACTOR THAT YOU CAN TURN THIS OVER TO IF YOU DO NOT LIVE IN SC OR WANT TO LIVE IN SC. Or, we can put you in touch with a local real estate attorney who can recommend any number of property manager to you.

Some of our properties are rental properties. The rental properties are income producing as noted below. Our property manager charges 10 percent of what he collects or you can use your own property manager if you prefer. The properties are being sold/traded as-is, but have NO DEFERRED MAINTENANCE and there is nothing at all needing repair that we are aware of, which our property manager (also a licensed SC contractor) can confirm. We are open to selling or trading the entire group, but we will also sell or trade the properties separately – call Karen or John to discuss at 803-283-1129 or email at kfranse@comporium.net.

NOTE: We are not looking for a realtor. If you are a realtor and have a client that wishes to purchase or trade, we are open to discussing a commission or finder's fee, but we are not seeking a realtor to list the properties below.

HERE IS WHAT WE OWN ....................................

(1) Our primary residence on 3 acres

3800 sf, one owner, lived in 2 years, gorgeous 4BD/3BA+office+MIL/game room+2-car garage; quiet country neighborhood, best school district in area, fenced& cross fence; horses/dogs allowed; solar powered decorative wrought iron entry gate at driveway entrance.

Value $380K (current market value – prior to real estate drops would have been $425K to $450K)

Owe $269K; we need to either take avantage of the equity we have and use that toward a trade OR we need some cash back at closing if you wish to do a traditional purchase. Make your best offer!!!

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(2) Our Four Rental Houses On Seaboard Ave. + Empty Lot

4 SFHs on one plat of land. These houses do not share any adjoining walls, so they are separate SFHs, but are on one title. Three are 2BD houses with square footages ranging from approximately 724 sf to 776 sf (heated) space, and one is a 3BD house with approximately 925 sf (heated) space.

Appraised ’06 $193K

Owe $120K+/-

Rent for $1825/mo total with no deferred maintenance

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(3) Our One Rental House On Rutledge St.

4BD/1324 sf

Appraised $89K

Owe $0

Rents for $600/mo with no deferred maintenance

NOTE ... SEE OUR SEPARATE AD FOR THIS PROPERTY AND THE OTHER PROPERTIES THAT HAVE NO MORTGAGES AT GO SWAP 5586

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(4) Our 10 Acres Residential Land On Potter Rd.

(Lots 1 & 2 on plat)

$130K (current market value)

Owe $0

In desirable, upscale country neighborhood; perked for septic; power and water at road; road frontage

SEE OUR SEPARATE AD FOR THIS PROPERTY AND OUR OTHER PROPERTIES THAT HAVE NO MORTGAGES AT GO SWAP 5586

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(5) Our Commercial Land (nearly 1 acre - about 0.86 acre) On Hwy 521, hugely traveled highway between SC and NC

Value: $225K

Owe $0

SEE OUR SEPARATE AD FOR THIS POROPERTY AND OUR OTHER PROPERTIES THAT HAVE NO MORTGAGES AT GO SWAP 5586

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So, if you add all of the properties up, it comes to a total value of $1,017,000 USD and we owe $389,000, leaving equity of $628,000 that we can put toward a trade.

You can mix and match from our properties above to make this deal work for you. We are open to discussion and creative ideas and would welcome your phone call or email. We are not able to carry the mortgages that are still owed. We cannot do a wrap either. If you are interested in those, the mortgages would have to be paid off, but we will gladly use our equity in those properties toward your trade if we can make a deal!

If you are interested, please call Karen or John to discuss: 803-283-1129 or email at kfranse@comporium.net.

If you are ONLY interested in an EVEN SWAP, please see our ad at go swap 5586 which offers more information on the three properties we own free and clear.

The best way, in today's market, to arrive at a win-win, we believe, is to abandon that old way of haggling over real estate and just lay our respective cards on the table. Let's see what we can do that meets our mutual objectives. We are open to discussion, welcome your ideas and look forward to hearing from you!

JOHN AND KARN
803-283-1129
kfranse@comporium.net

Swap Type:

I can add other assets
I own free and clear
downsizing
swap even
upsizing

2-WAY MATCHES: Who WANTS what you have and HAS what you want

1-WAY: View sellers who WANT what you have

1-WAY: View sellers who HAVE what you want

Contact: owner Karen Franse
View Karen's profile and other listings

Notes... open

If no phone number is listed then seller decided not to disclose this information. Please email seller via the public or private swap proposal tools below.