224 Dairwood Drive, a 5-bedroom, 3-bath home in Greythorne, Simpsonville, is listed at $499,900. Potential seller contributions are available toward a 2/1 temporary rate buydown through PrimeLending, which can make the first two years in the home a little easier.

The home

This beautiful and spacious 5-bedroom, 3-bath home offers a comfortable blend of style and function, with 3,583 square feet in Greythorne. A main-level bedroom and full bath are ideal for guests or a second primary suite, and the living room off the foyer could serve as a home office.

The kitchen features granite countertops, a large center island and abundant cabinetry, all overlooking the great room with a stone gas fireplace. Upstairs you will find the primary suite with a sitting room, three more bedrooms and laundry. Outside, a covered patio overlooks a level, fenced, wooded backyard. Brand new carpet and freshly painted shutters and front door make it move-in ready.

What a 2/1 temporary buydown is

A 2/1 temporary buydown lowers the buyer’s interest rate for the first two years of the loan, then settles at the full note rate. Here is how it works:

Year 1: 2% lower than the note rate. Year 2: 1% lower than the note rate. Year 3 and beyond: the full note rate for the rest of the loan.

Potential seller contributions are available toward a 2/1 rate buydown through PrimeLending.

Why it matters for buyers

A temporary buydown can ease the first two years in a new home, then the loan returns to the full note rate. Qualification, the loan program and the terms of the purchase contract all still apply, and seller contributions are subject to negotiation and program limits. It is one more way to step into a spacious Greythorne home.

See the listing and schedule a tour

View photos, the home tour and full details at marchantre.com/224-dairwood-dr.

Schedule a tour with Barb Riggs, REALTOR®, Marchant Real Estate: (864) 423-2783 or barb@marchantre.com.

Questions about the buydown or qualifying? Sharon Hanel, Associate Loan Originator, PrimeLending, NMLS# 659232: (864) 616-1439, sharon.hanel@primelending.com, or www.SharonHanel.com.

Temporary buydown subject to buyer qualification, loan program guidelines and terms of the purchase contract. Seller contributions are subject to negotiation and program limits. Not a commitment to lend. PrimeLending, A PlainsCapital Company. NMLS #13649. Equal Housing Lender. Sharon Hanel, NMLS# 659232, 750 Executive Center Dr, Ste 102, Greenville, SC 29615. Listing brokered by Marchant Real Estate. Information deemed reliable but not guaranteed.