BAP site syndication http://www.charlesstill.com Wed, 10 Mar 2010 23:09:46 +0100 FeedCreator 1.7.2 http://www.charlesstill.com/images/M_images/ http://www.charlesstill.com BAP site syndication http://www.charlesstill.com/making-an-offer-for-the-right-price-in-the-lexington-south-carolina-real-estate-m-2.html I know that there is a lot of concern about the economy at this time and many people are sitting on the fence waiting to see what’s going to happen. There are many buyers that are either waiting for the prices to bottom out or interest rates to bottom out, or both. The reality of the matter is that now is a great time to buy. The only way that you will know when the prices have bottomed out is when they have already started to rise. The same is true for interest rates. Another reason that now is such a good time to buy Lexington South Carolina Real Estate, is the inventory is great and sellers that have to sell are taking less for their homes than they would have a year ago. Many builders are also carrying more inventory than they would like and in many cases are offering some great incentives. When the market turns around we are likely to see these incentives start to fade away. By waiting, you could have less inventory to choose from, pay a higher price for the home, have a higher interest rate and loose the incentives that are currently being offered. I also know that some people are waiting to purchase because they may be afraid that they may get laid off. While this is a valid concern, I know of a lender that is offering a protection plan where if you get laid off, they will make your payment for up to 12 months! And the best part of this is that it is FREE for the first year! After that, you will have the option to continue the coverage for a fee or you can drop it. The choice is yours. If you currently own a home and are thinking about moving up, you may be concerned that you will not get as much for your home as you would have a year ago, and you are probably right. Keep in mind that you will probably not pay as much for a new home as you would have a year ago either. If your current home is valued at $100,000 and you wind up selling it for $90,000, then you would end up getting 90% of what you feel your home should have sold for. Now if you purchase a $150,000 home at 90% of the asking price, you would be paying $135,000, or a savings of $15,000. Depending on what your current interest rate is, you may also find that you would have very little increase in your payment. Let’s think about this for a minute…a larger house, possibly very little change in payment, instant equity, and a loan that offer a protection plan. This sounds like some pretty good reasons to get off the fence and get your home sold and move up. If you are a first-time homebuyer, many of the things we have discussed are true for you as well...great selection of homes, great prices, great interest rates, builder incentives on new homes and a buyer protection plan from the lender. If you are currently paying rent, you may very well be able to purchase your own home for the same or less than you are currently paying for rent. Doing this would mean that you are working toward paying for a house for you instead of working to pay for a house or apartment for someone else! The other thing is there is a tax credit that you can claim on your taxes if you purchase before December 1, 2009 that is 10% of the cost of the home, up to a maximum of $8,000. This is a true credit, NOT a loan! If you have any question please feel free to contact me either by phone at (803) 233-7544 or email at Charles@CharlesStill.com. Blog - Buyer Info Tue, 21 Apr 2009 09:59:29 +0100 http://www.charlesstill.com/making-an-offer-for-the-right-price-in-the-lexington-south-carolina-real-estate-m-2.html http://www.charlesstill.com/short-sales.html So You're Looking for Lexington, South Carolina Short Sales You will likely come across dozens of Lexington, South Carolina properties in foreclosure with little or no equity, that is, the seller owes at close to or more than the property is worth. In these situations, lenders are sometimes willing to accept less than the full amount due, commonly referred to a “short pay” or “short sale.” Blog - Investor Info Wed, 30 Jul 2008 15:45:15 +0100 http://www.charlesstill.com/short-sales.html http://www.charlesstill.com/pre-screened-deals.html Get Access to the Absolute Best Buys in Lexington, South Carolina When you are buying a home, having current and accurate knowledge of homes are listed for is important. Our best buy service enables you to get priority access to the hottest new listings so you can beat out other buyers and negotiate to get the most home for the least amount of money. Here is how it works. Every week we research all new Listings from every real estate company, all For Sale By Owners, Foreclosures, Builder closeouts and Bank Owned Properties and find the 3 absolute best buys for the dollar in the areas mentioned above in 3 different price ranges. We thouroughly review each and every one of these homes and print out a hotlist which we provide as a public service, free of charge, and without obligation. If you are considering buying a home within the next 90 days in one of these areas your should definitely register to receive your free list of the CharlesStill.com Best Buys in your specific price range and desired location. The Best Buys hotlist service will help you identify the three-best-buys on the market right now that match YOUR requirements. Remember, this is a FREE service that will save you time and the hassle of running around looking for properties like these. Simply fill out the form below and click on the Submit button. Blog - Investor Info Wed, 30 Jul 2008 12:40:10 +0100 http://www.charlesstill.com/pre-screened-deals.html http://www.charlesstill.com/investors-4.html Searching For Your Next Investment in Lexington, South Carolina ? Whether your are brand new to the world of Lexington Area Real Estate Investments or an avid Investor we can get you well on your way to finding what you're looking for! We believe that giving you the information you need without all the hoopla will ultimately get you your goals and will hopefully give us a life long friend. If you are interested in learning more about the Russell & Jeffcoat Realtors exclusive Investors Inner Circle please fill out the form below. We'll send you information on our services and get started in finding you the Investment(s) you have been searching for! We KNOW where the best deals are! Blog - Investor Info Wed, 30 Jul 2008 12:25:43 +0100 http://www.charlesstill.com/investors-4.html http://www.charlesstill.com/real-estate-blog.html Welcome to the Lexington, South Carolina Real Estate Blog Stay up to date on all the Real Estate Happenings in the Lexington, South Carolina Area, ask questions, get answers! Main Content - General Content Wed, 30 Jul 2008 10:34:23 +0100 http://www.charlesstill.com/real-estate-blog.html