I could never understand why some agents and builder advertise price per square foot on homes. It is really an empty number that has absolutely no substance. It is simply an equation of the square footage divided into the listing price. On a smaller dwelling the price per sq, ft. would be larger as to that on a larger square foot home the price published per sq.ft would be smaller.
This number does not give you a true accounting for location, amenities of the community, what up-grades are in the house, what type of building materials were used, how much labor and how much marketing cost. There is no cost information published to give you the true price of the home. So next time you want to advertise think about it and save the ink.
Terrific 3 bedroom home for rent or sale in a quiet neighborhood easy to get to either Charlotte locations or Rock Hill Sc locations.
Looking to rent? For details click her http://tinyurl.com/m99vsp
Looking to buy? For details click here http://tinyurl.com/mu3b3n
It's hard to figure out where this housing market stands in regards to home values, new homes being built in existing neighborhoods or sub-divisons have a significant lower price. Although the base plans have changed some, like less square footage and not as many up grades or additions are offered by the builders, thereby reducing the sales price. True, with the new requirements for loan qualifications, consumers are now opting for smaller homes with maybe up-grades reflected on the inside of the home.
Home owners with existing homes needing or wanting to sell can't un-load their homes without a significant reduction in price. This is not always and option when a home owner has a less than desirable rate or one of those exotic loans or just simply can't give up what he put in. With so many short sales, forclosures and plain just to come out even deals, how can anyone put a price on a house when BPO's are all over the map. This is not good news for a sellers.
Is it any wonder that consumers' are hesitant to buy even with the 1st time home owner incentive, the new home owner does not want a repeat experience off putting a lot of his cash into something that will show a decline in value as rapidly as this housing crisis is showing to be, maybe the $8000 credit is not enough to offset this dilema and to grow interest in buying homes.
Regardless if you are a buyer or seller, home owners are rewarded with the equity they grow in their home if they choose to live there a couple of years or a lifetime. To see such a severe decline in equity is a hard pill to swallow.
Many agents are more likely to handle a short sale these days than any other transaction, but many agents don’t have the insight to handle them and that is why so many agents are signing up for seminars, which is a good thing. Agents are being educated that short sales are a whole other type of transaction and need different handling. Rules and Regulations apply that are not in a standard transaction.
There was no need before; it was a whole different market then. But they're probably going to be an important part of the market for a while; it's going to take a long time to recover.
The important thing to remember for a homeowner heading down that road is to act
quickly, before you delve into the nest egg. If you truly can’t make those payments call
a real estate agent. Preferably one that is working with short sales and has had training
in short sales.
Condo/Townhouse in Lancaster County, South Carolina has plenty to offer. Well cared for home shows like a model. Close to shopping and entertainment close to Ballantyne area. Low taxes!
1300 to 1600 square feet
3 Bedroom with master on the main
2 Bath
End Unit
Laminate Flooring toughout main living areas
$134,900
Use the "First-Time Homebuyer" tax credit if this is your first buy.
Now available a tax credit of up to $8000 is now available for qualified first-time homebuyers purchasing a principal residence on or after January 1, 2009 and before December 1,2009. This does not have to repaid
2009 and a new tax credit is available for first time home buyers and you do not have to pay it back. This is available from January 1st, 2009 until December 1st, 2009. But just like the 2008 tax credit there are some rules and here they are:
$8,000 Home Buyer Tax Credit at a Glance
· The tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
· The tax credit does not have to be repaid.
· The tax credit is equal to 10 percent of the home’s purchase price up to a maximum of $8,000.
· The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009.
· Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit
Some homebuyers are learning this just now, before the new spring season for homebuying begins. This deal is not only for new homes but is also avaialble for first-time home buyers interested in taking advantage of some of the great homes on the market. Combine that with a home available at short sale, in addition to a great mortgage rate, then buying a home could be a great bargain.
This bailout to the banks is a real sore spot for most folks and why not, the banks are not using bailout money as it was indented. There is hardly a day that one doesn't read in the bottom line how bad their loses are, these are highly educated business economists and they are telling us that they did not know that some of the financial institutions had such bad financial projections? Before you buy there are swarms of auditors going over the books. What were they thinking?
They are purchasing other financial institutions to help their own deep pockets so that they can go back and ask for some more of the billions at their disposal. The government has no clue of the real disaster that faces most homeowners. Homeowners are not all to blame, it was the greed of many financial institutions and the rules to hook as many mortgages as possible, they thought that there was endless supply of future homeowners and if all fails the government insured mortgages would be protected.
I questions how willing banks are to work with homeowners, it's obvious to us that lenders are not trying to help the homeowner but minimize how much they can afford to loose. Where is the federal help for homeowners? Homeowners are losing in this deal and the banks are ... not losing anything. Banks comments are... "Our program is about affordability," not about mitigating bad investment decisions. I think it's about time for turn about is fair play, if banks make bad business decisions then they should not have bailout money. Is mine or your great grandchild's future being gambled away?
I have noticed lately that I am buying more than the usual amount of cat food, "why" because I feel that small pet animals are also feeling the affects of the housing foreclosure market.
With foreclosures on the rise and families having to move I have had an unusual amount of cat's show up lately for a free meal. I have an idea that they are being dumped or not taken with them when a family has to move. I hope my pet friendly realtor associates are on the look out for abondoned pet's and call the Humane Society or contact non-kill pet associations, so that they can be placed or fostered out. I feel these animals are victims because they are not just strays, they are usually altered pets some have been declawed (totally defenseless) and not able to fend for themselfs, because they never had to. Please be a responsible pet owner.
Fair Oaks.
The main floor is a big open floor plan with a family room two story high and accented by columns, fireplace framed by large windows is a great focal point. Big sunroom great bright place in summer or winter. French doors open to a study or office. Main floor powder room with pedestal sink. Laundry room on first floor with sink. Kitchen has warm granite counter tops with a big island, walk-in pantry. Columns frame the living room. Foyer & staircase make a welcoming entrance. Access to second story is also available from the kitchen side. To decorate this house would be a delight for all seasons The master suite is huge, besides the big bedroom with tray ceiling, there is a spa like retreat bath is accented by columns. Two huge walk-in closets, his and her sink area and separate shower.
Fair Oaks belongs to a great school system of Fort Mill added benefit of low taxes. This property is located in South Carolina, with only 15 minutes to downtown Charlotte. It's in a county-like setting, but all the necessary requirements of shopping entertainment and restaurants are literally 5 minutes away. Away from all the traffic.
Beautiful model plan (Rosemont) home with many appointments like sunroom and bonus room. Storage abound and yard is welcoming with playset remaining and lower patio area off deck with enjoyable water fountain. Why wait to build when you can have this big ready to move in home for your family.
$329,9 K
approx. 3100square feet home in SW area near Charlotte, but in South Carolina Fort Mill
5 bedroom optional or use as bonus room
with a warm and cozy Sunroom that is welcoming in all seasons
kitchen with 42" cabinets & very stylish granite counters, kitchen island and breakfast area
• 2,600 sq. ft., 2 bath, 5 bdrm 2 story - 
MLS® $219,500 
Hamilton Greene, Charlotte - Beautiful home with desirable SW Charlotte neighborhood. Open floor plan for large family. Two story entry way with hardwood floors large eat in kitchen with island. Masterbath with garden tub. Wooded back yard with privacy. Great for kids, dead-end street no through traffic.
Property information
Once upon a time........
We are proud to launch our new website and I hope you have a chance to take a look at it. Just as your life has chapters so does Real Estate Central website, for all stages of home buying or selling.
www.fortmillschomesource.com
Thank you!
Jennifer, Mia and Barbara
1839 Montague
Close to Lake Wylie. Convenient to shopping and restaurants.
Beautiful Master Down home with 3 additional bedrooms upstairs
in great school district and neighborhood with pool.
$277,500!
Contact Information: BarbaraK@morrisrealestatecentral.com
also www.fortmillschomesource.com
& www.morrisrealestatecentral.com
Connected to this tradgedy of mis-economics is a senator named Barney Frank (D-Mass) and ranking member of the financial committee, now with amnesia, quoted in 2003
''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''
This was a response to a Bush administration proposal that would have turned over regulation of GSE's to the treasury department.
I got to give him some credit he finally fessed-up, that he did dismiss the warnings five years ago about Fannie and Freddie, which is a real big shame, because the housing market with it's sub-prime lending was in full swing here in the Charlotte area and pretty much in the rest of the country.
If the warning bells could have been sounded earlier, perhaps the american tax payer could have been saved a few dollars. So don't blame it all on the President, he also rely's on good information, it's no different than you and me.
News Obscure? I found these articles interesting and un-nerving, thinking that thugs could be undermining our right to vote and choose. Research for yourself, the group has some good intentions in helping folks that need it, but do have some questionable ethics when it comes to money and politics. Please click on the address below, if you like to read more. Listed are three separate sources
http://www.thebulletin.us/site/news.cfm?newsid=20143051&BRD=2737&PAG=461&dept_id=623508&rfi=6
http://article.nationalreview.com/?q=N2Y5MTc0ZTAyMmE1Mjk3NGE3OWRiY2FkMjZlN2YxYzc=
http://www.candgnews.com/Homepage-Articles/2008/09-24-08/XF-ACORN.asp