Monday, May 12, 2014

Residential for sale - 112 WEST HORN COURT, Chapin, SC

This charming 2 bedroom, 2 bathroom patio home could be yours. Well kept home with a spacious floor plan helps you feel right at home. A large master suite with a private bath for relaxing and a open kitchen plan that is great for entertaining. This home is nestled close to downtown Chapin and only minutes from the interstate, schools and even beautiful Lake Murray. Contact me to schedule an appointment to fall in love with this home.

Friday, May 2, 2014

The American Dream

Home ownership has long been considered the American dream. Many of our ancestors came to the United States to find their own dream of finding independence, freedom, and own their own piece of the world. Real estate these days is a long way off from the original homesteaders. You now have to meet certain criteria to qualify to own a home. Many of us, for one reason or another, believe we can't afford to own a home. The truth is that you may be better off than you think. Here are some common myth's and the facts that bust them.

Myth #1: "I can't afford a house payment."

Truth #1: Chances are that if you do not own a home, you are paying rent. Generally speaking, for the same amount you are currently paying in rent, you could afford to make the monthly payment on a similar or, most likely, nicer home than what you are living in now.

Myth #2: "My credit isn't good enough to finance a home."

Truth #2: You're not alone in feeling this way. Many Americans have had credit issues and may doubt their own buying power. However...did you know that the Feds recently lowered the minimum credit score eligible to secure a home loan? And because a home is stationary and considered by most as an investment, banks are more likely to approve you for a home loan than a loan for a new car. If you're not sure, talk to a specialist or a loan officer to see how you can work to improve your credit rating. The best way is to always pay your bills on time.

Myth #3: "I need to make a huge down-payment."

Truth #3: If you have the means, I absolutely recommend a nice down-payment and financing for the shortest amount of time available. However, many do not have that luxury....Yet! But that's another post. There are several programs available that can minimize your down-payment. If you are a Veteran you may qualify for a VA loan that can offer up to 100% financing. That means no down payment in many cases. There are also FHA loans that only require a 3.5% down payment. You can also talk to a local loan specialist to see if there are any additional programs in your area that allow for low or no down-payment options.

So, the home ownership part of the American dream may not be out of reach after all. If you truly want to own a home, make it your goal and focus on the things you need to do to make that goal a reality. You don't have to make it all happen at once, either. Some things take time. The best things in life take time. Just don't give up!

If you are ready now, then take the next step. Find a Realtor that will help guide you through the process and show you the steps you need to take to make your dream come true.

I will be glad to help you if you're in the Columbia, SC, Lexington, SC, or Newberry, SC areas. If you're elsewhere and don't know an agent, let me help you find one in your area. I have an extensive network of agents across the globe who would be glad to help you.

I can also help you find a loan specialist to answer any questions you may have about getting financing on a new home.