Buyer/Seller Info
The Benefits of Pre-approval
Why do you want me to get pre-approved before I find a house I want to buy? This a question asked many times by buyers. So I thought I would take a moment to answer. When a borrower applies for a mortgage before finding a house, and receives a written commitment from a lender to [...]
Information Required for loan application
It can be confusing when you’re going for a loan application to know what information your loan originator will require so I thought I would share with you some of the information you will be asked for. First Personal Information: Names of buyers as you would like them to appear on the deed. Social Security numbers [...]
Texting in our business
•BC Because P&C Private & Confidential •BTW By the way QQ Quick Question •CU See you RFD Request for discussion •THX Thanks DRIB Don’t read if busy •EOD End of day U Yo YW Your welcome OTP On the phone The above abbreviations for texting are just a few of so many. Being from the [...]
How Financing effects the List Price to Sales Price
At our Business meeting on February 24th I shared with our team that there had been 864 sales closed in our Charleston Multiple Listing Service in the first seven weeks of the year. So the question was, “Could anyone guess how many were FHA Sales. (Goverment Lending).” A great deal of numbers were thrown out, [...]
The Market Then and Now
These Graphs are showing the Charleston Tri-County Real Estate Market. Sales and Listings in 2009 & also in 2005 to show you the comparisons. The one on the left is the market in the year 2009 if you click on the graph it will enlarge so you can see the numbers. The pink is the [...]
Renovation Loan helps when buying a home in need of repair.
This FHA loan is a good answer when buying a home that needs repairs. The following article was written by Steve Haney from Keeping Current Matters. The FHA 203(k) Renovation loan, available as a purchase or refinance, established in 1978 by the US Congress to revitalize our nation’s housing stock was ahead of its time [...]
Results of Auction in Riverland Terrace Charleston SC.
Auctions have become very popular across the country, although they have been slow in becoming an alternate to regular marketing of a home here in Charleston. In this economy it is something to consider. An absolute auction is when there is no reserve and the sale goes to the highest bidder. There is also a reserve [...]
The Remodeling of a home in Fort Johnson Estates
Fort Johnson Estates is an older neighborhood, the lots are larger, has some wonderful large oak trees scattered through the neighborhood, however, don’t be mislead in thinking that because the homes look very traditional you will find outdated properties, many of the homes have been remodeled inside. below is my photo blog of one of [...]
659 Fairspring
Lovely home in Schieveling Plantation Open floor plan with soaring ceilings, gas logs never used, in the family room. One of the most popular floor plans in Schieveling. Plus the best value. A one story home with soaring vaulted ceilings in the family room where entertaining your guest in this open floor plan is so [...]
Loan Modification
Top Five Myths About Loan Modification •MYTH #1: My bank wants me out of my house. My bank wants my home. •Banks and other lending institutions do not want to foreclose. They earn more money if you can make your payments. When they foreclose, they not only lose your monthly payments, but they also have [...]
