Things to do In Lexington South Carolina

Things to do In Lexington South Carolina

 

Snowville Friday, Jan 8 9:00a at EdVenture, Columbia, SC Children and families from all across South Carolina can visit Snowville - EdVenture's winter play land, located in the Southeast's largest children's museum. Enter a make-believe world of imaginative play in the North Pole, become a scientist and study penguins at the South Pole, get creative in an igloo-building activity, create your own snowflake and discover more about the science of snow and ice. read more

Mesozoic Monsters Friday, Jan 8 10:00a to 5:00pat South Carolina State Museum, Columbia, SC Triceratops, Stegosaurus, Allosaurus and other prehistoric monsters come roaring to life in this hands-on learning adventure. Featuring 12 robotic dinosaurs and a full-size T-rex skull, this exhibit explores how these awesome creatures lived and died. Activities include digging for “fossils,” “design a dino” and more.

Bridal Showcase Sunday, Jan 10 12:00p to 5:00p at SC State Fairgrounds, Columbia, SC Featuring more than 100 exhibit booths of bridal service vendors in the Americraft-Cantey Buildings. Great door prizes. Fashion shows at 1:30 and 4 p.m. All proceeds donated to Sharing God's Love, a local cooperative emergency-needs ministry.

Polar Bear Plunge Saturday, Jan 9 10:00a to 12:00p at Lake Carolina Village Green, Columbia, SC Lake Carolina invites everyone to come brave the chilly waters in support of Children’s Charities of the Midlands at the Polar Bear Plunge on Sat., Jan. 9 at 10 a.m. in Lake Carolina’s Sunset Park. For the sixth year in a row, the Polar Bear Plunge event is helping to raise funds for Children’s Charities of the Midlands, a 501(c)3 organization dedicated to promoting charitable endeavors that are committed to improving the health, welfare and education of South Carolina’s youth.

Copyright © 2009 by Laura Jefferson, Acquire Real Estate

 

I specialize in Buying and Selling Lexington South Carolina Real Estate in and around the Midlands of  South Carolina.  If you are thinking about buying or selling your home in Lexington, Lake Murray, Gilbert, Irmo, West Columbia, Columbia, Red bank, Pelion, Gaston, Chapin, Prosperity, Saluda, Newberry or other surrounding areas of South Carolina, and more importantly, want to work with the local area expert, please contact me at your earliest convenience.

 

 

Start the New Year with a free trip to the Zoo

Start the New Year with a free trip to the Zoo. Riverbanks’ Free Friday program begins this Friday, January 2 and continues through February 27. Each Friday during the months of January and February residents of Richland and Lexington counties will receive free admission to Riverbanks Zoo and Garden.

 

“The Free Fridays program is a way for Riverbanks to give thanks to the residents of Richland and Lexington counties for their support of the Zoo and Garden,” said Satch Krantz, executive director of Riverbanks Zoo and Garden.

Riverbanks Zoo is a special purpose district and receives funding each year from the taxpayers of Richland and Lexington counties. To qualify for free admission, Richland and Lexington county residents will be asked to show proof of residency with a valid ID or a copy of their property tax statement. All other visitors will be charged regular admission.

Riverbanks’ Zoo winter hours are 9 a.m. to 5 p.m. daily. January and February make for a great time to visit the Zoo because many of the animals are most active during the cooler winter months. There are also several indoor exhibits where guests can step in from the cold. These exhibits include: the Birdhouse at Riverbanks, Aquarium Reptile Complex, Gorilla Base Camp and Koala Knockabout.

Copyright © 2009 by Laura Jefferson, Acquire Real Estate

 

I specialize in Buying and Selling Lexington South Carolina Real Estate in and around the Midlands of  South Carolina.  If you are thinking about buying or selling your home in Lexington, Lake Murray, Gilbert, Irmo, West Columbia, Columbia, Red bank, Pelion, Gaston, Chapin, Prosperity, Saluda, Newberry or other surrounding areas of South Carolina, and more importantly, want to work with the local area expert, please contact me at your earliest convenience.

 

 

Why would I build a Modular Home?

Go Green In your New Lexington South Carolina Modular Home

Lexington SC Dixie Baseball Registration

Lexington SC Dixie Baseball Registration

 

IMPORTANT NEWS: REGISTRATION HAS CHANGED: New Location: Lexington Middle School Cafeteria 9:00-1:00 on Saturday Jan. 9th and 16th

REGISTRATION is $80.00 and can be paid with either cash or check
REGISTRATION FORM

Welcome, We hope our new website will give you timely information and provide easier access to all the league information which will add to your enjoyment! Lexington SC Dixie Baseball is proudly a member of District 4 in Dixie Youth(6-12 year old) and Dixie Boys/Majors District 6 (13-19). We strive to provide an atmosphere which fosters sportsmanship through fundamental instruction and a highly competitive atmosphere in one of the strongest Dixie Youth and Dixie Boys/Dixie Majors Districts in the nation. Champions continue to come from this district! Special thanks to all our parents, volunteers, coaches, team mom’s, and especially the players.........You are the best!


Our motto "Play Hard, No Excuses - Win with Integrity" exemplifies our commitment to wide open competition and sportsmanship.

My how time has flown. I so love baseball season and cant wait for it to get going!

Copyright © 2009 by Laura Jefferson, Acquire Real Estate

 

I specialize in Buying and Selling Lexington South Carolina Real Estate in and around the Midlands of  South Carolina.  If you are thinking about buying or selling your home in Lexington, Lake Murray, Gilbert, Irmo, West Columbia, Columbia, Red bank, Pelion, Gaston, Chapin, Prosperity, Saluda, Newberry or other surrounding areas of South Carolina, and more importantly, want to work with the local area expert, please contact me at your earliest convenience.

 

 

South Carolina Modular Home Builder

What happens when a lender can’t produce the original note?

A growing number of homeowners around the country are using a foreclosure defense that may help them retain their homes. It’s called “Produce the Note” and we want you to know this is not a mere technicality that should be treated lightly by the lender or by the Court.

Everyone needs to understand the importance of this issue. When a lender can’t produce the original note, allowing a foreclosure to proceed puts the homeowner at risk of owing that debt again to another party in the future. Therefore, great caution must be taken before a judge can allow someone who can’t produce the original note to cash in on your home.

What if Your Lender CAN’T Produce the Note?

So, what happens when the lender tells the Court it can’t produce the original note, because it is lost? Let’s start with the basics. If a lender wants to foreclose on a property, it has to be able to show that it is, in fact, the appropriate person to whom the money is owed. That right to foreclose belongs ONLY to the person who has legitimate POSSESSION OF THE ORIGINAL NOTE - not a copy, not an electronic entry, but the original note itself with the original signature of the person(s) who allegedly owes the money along with appropriate raised notary seal and signature. So, if you are faced with a foreclosure, you have every right to demand that the person or entity trying to take your property, first prove to the Court that they have the legal right do to so in the first place by proving they have legal possession of the original promissory note.

In my opinion, an original mortgage note is much like legal tender and should be guarded and protected as such by the person holding such an asset. Loosing an original mortgage note is like loosing a $100 bill or a gift card or a lottery ticket. What if I scratched that million dollar ticket and just stuck it somewhere and misplaced it? Do you think I could just show up at lottery headquarters and claim my prize without having the winning ticket? The same principle applies to the person or entity claiming to be the legal holder of an original mortgage note. He who holds the note holds the key.

What the Lender Must Do

What often happens, however, is that the lender claims it doesn’t have the original note, because that note has been lost or destroyed. If the lender is making such a claim, the law requires the lender to prove all of the following under the “Uniform Commercial Code”, which is a set of laws governing commercial transactions that many states have adopted. It contains a specific provision on this subject (Section 3-309) which states that a person can enforce a promissory note without having the original, BUT only under certain limited circumstances.

1. The person or entity has to swear and attest that it no longer has the original note;
2. The person or entity has to prove that it was properly in possession of the note and was entitled to enforce it WHEN it lost possession of the note;
3. The person or entity has to prove it didn’t “lose” possession simply because it transferred the note to someone else (i.e., it’s not really lost); and
4. The person or entity has to prove that it cannot produce the original note because the instrument was destroyed or its whereabouts cannot be determined or it was stolen by someone who had no right to it.

All of these matters have to be definitively proven by the person or entity trying to foreclose on the property. It is not the obligation of the borrower to prove or disprove any of this. The borrower can challenge the right of the person or entity trying to foreclose and demand proof.

The Court’s Important Role

It is up to the Court to determine whether the lender has satisfactorily proven why it no longer can produce the original note. The Court also has to be satisfied that when the original note was lost, the person trying to foreclose on the property had possession of the note at the time it was lost. Until the Court has been satisfied of all of this, the foreclosure cannot proceed.

It is also important for the Court itself to understand that this issue is not merely a “technicality” and the judge should not be satisfied with anything less than full proof of this issue. The Court itself needs to appreciate the fact that if it should agree that an original note has been legitimately lost (and allows the foreclosure to proceed) it is the borrower who is still at risk.

Why? Because incredibly, even if a Court has found that the original note is lost and the foreclosure sale is finalized, if someone later turns up with the original note and proves that it is the proper holder of the note, and not the person who foreclosed on the property, the original borrower is STILL LIABLE.

That’s right. Someone took your home and the Court allowed it because it believed that the lender proved that the note was lost and it was the proper party. Then someone legitimate shows up in the future with the actual note and you still owe that person the money even though your property was taken with the blessing of the Court. Trust me, this is a very serious issue regarding post foreclosures and post pre-foreclosure short-sales. It has happened to three of our own clients! These homeowners had the need to sell their property by means of a negotiated short-sale (so they could avoid a foreclosure) only to find out that the entity claiming to have the legal right and authority to enter into such negotiations and accept such settlements sold their note to another entity and weren’t even aware of it. Several months later, the newly assigned lenders (now claiming to be the rightful owners of our client’s original notes) have since come forward and have also filed suite seeking to recover their entire outstanding principle balances owed to them (prior to the homeowners closing their short-sale transactions with the wrong note holders).

How fair is that?!?! It’s not! And that’s why homeowners need to start fighting back when someone is trying to take their home by foreclosure, especially since an overwhelming percentage of mortgages granted over the last 3 to 5 years have been packaged into securities and re-sold and re-assigned numerous times since the inception of the borrower's original note and mortgage. In some states, homeowners have better than a 50/50 chance of being successful in defending themselves against a completed foreclosure. Why wouldn’t anyone who owns a home do everything in their power to protect and defend it?

All the Best,

Rick D. Misitano, Senior Paralegal
Law Offices of James M. Bosco & Associates
Methuen Executive Park
240 Pleasant Street
Methuen, Massachusetts 01844
Phone: (978) 687-8804
Fax: (978) 687-8872
boscolaw@comcast.net

Short Sale Discussion

As an expert on short sales in Washington, I have helped counsel many buyers and sellers through the process and have had many common asked questions about how it works. If you have further questions, please feel free to add them and I would be happy to answer.

Q: What is a short sale?

A. With real estate prices currently at the 2005 level, many homeowners find themselves needing to sell and owe more than they can sell for. If they have the money to pay the bank for the loss, they will not be considered for a short sale with debt forgiveness. Many sellers can no longer make their payments due to loss their job, recent divorce, failure of business or were a victim of the sub-prime market and need to sell. There is a possibility these distressed homeowners may qualify for debt forgiveness, but need to prove they do not have the money or will not have the money in the future to pay back the debt. The home is listed without any conversation with the lender and a short sale packed including the seller’s financials and hardship letter is prepared. Upon receipt of an offer, the seller signs off on terms, although most terms are not official without lender’s approval. The status becomes “Pending BU Requested” as the lender requires the listing agent to submit all offers until approval. The packet is submitted and is in line for the lender to review. This timeframe roughly takes between one and three months to get a response. The bank orders a BPO, which values the home and is assigned a negotiator to work with the investors and buyer to come to terms. Once the lender approves a price, they send an approval letter with an end date to close by. With Form 22SS, the timeframe for the inspection and financing contingencies begin upon lender approval although can be done prior.

Q: When does the bank become involved?

A: The bank does not talk to the seller or listing agent until there is an offer in hand. The listing price may be far less than the bank is willing to receive initially which commonly confuses the buyer. Once they have an offer, the BPO is done which in turn values the property for the bank. The BPO is current market value done by a local agent. Many times the first buyer walks away as they are not interested in paying the BPO amount. The longer the home sits on the market and the closer the foreclosure date, the lower the price the bank will accept. It is the BUYER'S agent's job to research the seller's financial situation to determine the likelihood of the bank accepting their desired price. I always sit my clients down and explain each scenario and set their expectations correctly so there is no last minute confusion. It is important to understand that the lender will always negotiate, so it is imperative to start your offer below what your walk away price is, similar to any negotiation. Currently, lenders are starting to realize they will make more money on a short sale than if they move forward to foreclosure. Banks have so many foreclosures on their books that they are more inclined to work with interested buyers before they foreclose.

Q: Do most short sale require the buyer to skip an inspection?

A: It is highly recommended to get an inspection on any home, especially a short sale as many times homeowners in distressed situations do not care for the home as they should. The inspection can be done upon mutual acceptance with the seller to avoid waiting up to three months for lender approval OR can be done upon lender's approval after waiting to avoid paying the $400-$500 inspection cost. The issue is when you find items that need repair. If the seller is in a distressed situation where they need debt forgiveness, the seller is not in a position to make repairs. It is possible to renegotiate with the bank, although sometimes they will not re-negotiate. Either way, the inspection is mainly for the buyer's information to know what condition the home is they are buying and what items will need to be addressed in the future.

Q: I did some Googling and read that only 10% of the short sales come to sale and the rest become bank owned. So sounds like a very depressing success ratio.

A: The statistics you read may look depressing, but want to remind you the buyer is unique for a short sale transaction... they are looking into other options while waiting on the lender response, and also looking for an extremely aggressive price. The amount of offers submitted and sales that occur are skewed because many buyers walk away if they find a home they like better, or if they do not get the price they want. I have sold many short sales as they are the majority of the market and have had a much higher success rate.

South Carolina Fishing Report and Beaches

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