December 2008

I wanted to bring a new listing to your attention. A home was just listed yesterday in one of the most sought-after subsections of Park West. This home is ideal for buyers looking for a classic Charleston style home with great architectural details – but without the hassle of living downtown or the upkeep of an older home. I’ve included the remarks section of the report below so that you can read about the home’s features. For more information and pictures, click here!   Classic 1900's Quality in a 1 Year Old Home!!! Immaculate 5 bed., 4.5 ba. home in the most desired area & school district in Chas., Mt. Pleasant! This home has the solid quality and feel of an early 1900's Downtown Charleston home...one that was built w/ care & detail to last a…

There are hundreds of factors to consider when selling a home. However, the presence of asbestos is not often taken into account. Asbestos is a hazardous material – but only under certain conditions. For this reason, it is important to obtain a home inspection and asbestos consultation to help reassure potential buyers that while asbestos may be present, it is not typically immediately hazardous. Many believe asbestos to be a problem of the past. However, they may be surprised to learn that asbestos can be found, in some form, in nearly 80% of structures built prior to 1978. Asbestos materials can be found almost anywhere in the home but are most common in pipe linings, boilers, insulation, and HVAC ductwork. This is not to say however, that all these…

This is the lowest that rates have been in years!!!  And remember, each point dropped translates to saving about $100 per month on the same loan.  So, that general rule of thumb might help to put this into perspective.  I wanted to pass today's rate along to you, since we're not sure how long it will be this low.  Between the low home prices, the large selection, and these good rates, it's a great time to buy real estate right now - especially for investors!

For more info on current rates, call Leah or Joel with Carolina One Mortgage at 843.795.7810!

Many buyers have been asking about the tax credit for home buyers coming up this tax year. Although this topic has gotten a lot of coverage in the news, people have gotten really confused about what it is. So, I wanted to clarify some of the misconceptions I’ve noticed when talking to home buyers.    The biggest misunderstanding about this tax credit is that every home buyer does not get it. This credit is only for first time home buyers. But, the good news is that the government usually defines people who haven’t owned a home in 3 years as first time buyers. So, you may not technically have to be buying your first home in order to qualify for this incentive.   Another misconception with this tax credit is that buyers think this credit is free…