Archive for March, 2010

Are you smarter than a First year Realtor.Business Meeting 3/25/2010

In our meeting today we played “Are you Smarter than a First Year Realtor”  idea of course taking from the TV show “Are you smarter than a fifth grader.”  It was fun and informative.  We had the following  three  subjects, with nine questions. Listing Contract 1st year       •Listing Contract 3rd year             •Listing Contract 5th year [...]


Why Carolina One (cont.,)

When you work as an Real Estate entrepreneur, under the umbrella of a High Profile Company both Locally and Nationally such as Carolina One Real Estate,  it gives you  instant Credibility with your clients, plus possibly new clients.  Therefore, increasing your business just by being with our company. The consumer has confidence in our abilities. [...]


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 [...]