hopkins: USDA Rural Home Loans Available for Richland County SC - 08/25/11 11:56 AM
The USDA rural home loan program is back!
A USDA Guaranteed Loan is a Government insured 100% purchase loan. These loans are offered in the rural areas of Richland County and include portions of Hopkins and Irmo.
Under the terms of the program, an individual or family may borrow up to 100% of the appraised value of the home.
Many of these USDA loans are available with no money down and no mortgage insurance is required, so you keep your payments low. A 620 minimum credit score is required for one of these USDA mortgages.
I recently helped a buyer purchase this … (1 comments)
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hopkins: Across The Ocean Designs at Perkin' Beans Cafe - 09/11/10 09:48 AM
Across The Ocean Designs at Perkin' Beans Cafe
At the top of Horrell Hill in Hopkins is Perkin' Beans, a cafe known for it's pimiento cheese and chicken salad sandwiches where Thursday evening local artist Shannon Lewter had her art work Across the Ocean Designs on display.
Shannon, who lives in Hopkins and loves beach scenes, can be reached on Facebook at
http://www.facebook.com/home.php?#!/pages/Across-the-Ocean-Designs-by-Shannon-Lewter/146884434317?ref=ts
The Perkin' Beans Cafe is located at 9701 Garners Ferry Road, Hopkins, SC
Terry Edwards tedwards@sc.rr.com 803 920 5327
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hopkins: How To Throw Away $100,000 - 08/24/10 01:56 PM
How To Throw Away $100,000
It's very easy. Rent a house.
Columbia, SC I was talking with a would-be home buyer the other day and he couldn't commit because of dropping home prices. He said he was paying $850 per month rent for his house.
If he rents for 10 years he has thrown away $100,000!
30 year mortgage rates are below 5% today and that same $850/month will buy you a $140,000 house.
We have no idea what that house will sell for in 10 years but most likely it will not lose $100,000 in value.
View all homes … (10 comments)
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hopkins: New Short Sale Program Should Simplify Home Sales - 03/15/10 02:00 AM
New Short Sale Program Should Simplify Home Sales
Short sales are not scary. They are just business as usual in today's economy. A short sale is an arrangement between the current home owner and their mortgage company. The mortgage company agrees to accept a buyer's offer that is less than the total amount owed to pay off the home.
Slumping housing prices and surging unemployment have brought on a wave of foreclosures
A short sale is simply the most economical solution to a problem. Mortgage companies will incur a smaller financial loss than from a foreclosure and borrowers are able to minimize … (6 comments)
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hopkins: Senate Finance Committee Pursues Lower Home Tax Rate - 02/24/10 03:15 AM
Senate Finance Committee Pursues Lower Home Tax Rate
COLUMBIA, S.C. A state Senate Finance subcommittee will soon take up legislation that would let homeowners pay the lower, owner-occupied tax rate on two homes. Residents currently pay a higher tax rate for property they own but don't live in full-time. But the opportunity to actually use either of the proposed bills requires that certain conditions be met.
Bill No. 1 would allow homeowners having difficulty selling their home to continue paying property taxes on the vacant home and their new home at the current homeowner rate.
Bill No. 2 would maintain … (2 comments)
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hopkins: Snow In Normally Sunny Columbia SC - 02/15/10 10:44 AM
Snow In Normally Sunny SC
Columbia, SC About every 5 to 7 years it seems the arctic jet stream dips down our way with some moisture in it and blankets the normally temperate area. Columbia, the state capitol, was laid out in the late 1700s for its central location to allow access to all the residents. Mostly the snow line only dips into a few counties in the NW corner of the state where the foothills of the Blue Ridge Mountains are found. This past weekend we got to join in the fun, also.
The best thing about snow in Columbia is that … (4 comments)
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hopkins: Berkeley Forest Homes For Sale In Columbia SC - 01/28/10 04:36 PM
Berkeley Forest Homes For Sale In Columbia SC
Back in 1969 this neighborhood sprang up on the outer edge of SE Columbia. Berkeley Forest was built in 4 phases if I remember correctly, and all the homes were sprawling solid brick ranches. For some reason back then the builders installed oak hardwood flooring in every home that was immediately covered with wall to wall carpet. And not just any carpet, either. SHAG carpet!! The kind that came in bright orange and green shades and had to be raked. (I'm not making this up)
The top two photos are of 3 bedroom, … (0 comments)
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hopkins: Homes For Sale in The Knollwood Neighborhood of Columbia SC - 01/14/10 05:44 AM
Homes For Sale in The Knollwood Neighborhood of Columbia SC
Columbia SC The Knollwood area was built in the 1960s and 70s behind the Veterans Hospital in southeast Columbia. Almost every home in the neighborhood is a brick ranch with a large yard.
The following photos are of homes currently for sale.
These mostly updated homes range from 3 to 5 bedrooms and have 1600 to 2700 square feet of heated space.
This area is in the Richland One school district and is zoned for some of the top rated schools in the district.
Located just off I-77 at Exit 9 (Garners Ferry … (3 comments)
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hopkins: Household Debt Drops By Record Amount - 12/10/09 01:54 PM
The U.S. Federal Reserve Board announced that household debt had its biggest ever decline in the third quarter, down 2.5% with mortgage debt falling 3.5% and credit card debt falling 3.25%.
It was the fifth consecutive quarterly decline in U.S. household debt, the Fed notes. At the same time, the difference between assets and liabilities, households' net worth, rose 5% to $53.4 trillion, the second consecutive quarter of expansion.
It looks like some stabilization is finally taking hold. The economic picture for 2010 is looking better all the time.
Terry Edwards Russell & Jeffcoat Realtors
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hopkins: Patio Home In Columbia SC For Only $75,500 - 10/09/09 04:26 AM
Columbia SC Patio Home at 110 Londonberry Circle In Columbia SC For Only $75,500
This move-in ready 2 bedroom/2 bath patio home off Broad River Road was just listed for sale. The current owners have made the following recent upgrades.
Tile flooring in the kitchen and entryway New dishwasher, smooth top range and microwave oven Mannington wood laminate flooring in the dining room and living room Gas log fireplace Sodded back yard
This beautiful home is located just minutes away from shopping, restaurants and I-26 & I-20.
Terry Edwards tedwards@sc.rr.com
Russell and Jeffcoat Realtors www.FeaturedColumbiaHomes.com
Rosewood Shandon Forest Acres … (1 comments)
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hopkins: Foreclosed And Bank Owned Homes In Columbia SC - 09/22/09 03:10 PM
Foreclosed And Bank Owned Homes In Columbia SC
This is a sample of the homes currently for sale in Columbia that are being sold in As-Is condition by various banks.
This 4 bedroom home in an established neighborhood near the VA Hospital is only $129,900
This 4 year old 3 bedroom home has a fireplace and high ceilings for $129,900
This brick home on a large lot has a formal living room and dining room for only $109,900 !
Contact me for additional information on these homes or for a complete list of foreclosed and bank owned properties in … (4 comments)
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hopkins: Why Rent When You Can Buy? - 09/14/09 02:48 AM
Columbia, SC Why Rent When You Can Buy?
Home prices have dropped so much that the cost to own and maintain a house is only a bit more than the cost of renting.
An Opportunity for New Buyers
The housing slump has brought the own vs. rent equation closer to where it was before the housing bubble drove sales prices way above rental costs. The foreclosure crisis has trampled down prices. Low interest rates and government incentives such as the $8,000 first-time home buyer federal tax credit, which expires November 30th, is attracting new buyers previously priced out of the market. … (1 comments)
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hopkins: How Columbia SC Rolled, Part II - 08/05/09 02:23 PM
Columbia SC
Within two decades of General Sherman's march through town the Columbia Street Railway Company was formed in 1882. The first trolley cars were hand-crafted from the ground up featuring hand-milled oak woodwork and solid brass hardware and were pulled by horses.
Ten years later, in 1892 the Columbia Electric Street Railway, Light and Power Company was formed and within a year electric streetcars were rolling in Columbia. These electric streetcars were the main source of revenue for the company and soon the houses along the streetcar routes had power delivered to them.
These trolleys helped the suburbs … (0 comments)
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hopkins: Can I Really Afford a Home? - 08/05/09 04:49 AM
Columbia SC "Can I really afford a home?" and then "How much home can I afford?" are two of the most asked questions I commonly hear.
The answer to both is simple: what is your debt to income ratio? Debt is considered an item that is owed that shows up on your credit report. Student loans, car loans and outstanding balances on credit cards are all debts.
Today's typical mortgage lender will top you out at 31% for housing costs and 43% total.
What if you have little or no credit? Lenders can use alternative types of history to serve as credit. … (0 comments)
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hopkins: Contemporary Cedar Siding Home In East Columbia SC - 01/06/09 12:07 AM
Columbia SC This 1660 SF home located in the Waterbury neighborhood off Garners Ferry Road just came on the market for $129,900.
The family room has a large rock fireplace and cathedral ceilings with French doors leading out to the screened in porch.
Terry Edwards www.FeaturedColumbiaHomes.com
Contact me for a current list of homes for sale in the East Columbia area
Russell & Jeffcoat Realtors 3722 Devine St Columbia SC 29205
Please bookmark this page for future updates
East Columbia Hopkins Rosewood Shandon Forest Acres
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hopkins: Waterbury Homes In SE Columbia Offer Significant Value - 12/14/08 03:42 AM
Columbia, SC
This nice 3 bedroom/2 bath home with over 1500 SF of heated space on a cul-de-sac was recently purchased by one of my clients for under $110,000 !!
The Waterbury neighborhood was established in the 1975 to 1985 building boom in SE Columbia. The homes range from 1200 to 2200 square feet. Waterbury is located off Leesburg Road and is in the Richland One school district. It is served by Caughman Road Elementary School, Hopkins Middle School and Lower Richland High.
Waterbury is located just minutes from town, near the Veterans Hospital and I-77. Caughman Park is right around the … (0 comments)
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hopkins: Adding Appeal To Your Home - 10/13/08 11:54 AM
As older homeowners look to downsize and younger buyers eye their spacious homes, here are a few tips for appealing to today's buyer:
Remove your older-generation items. Remember visiting your grandparents home as a kid? Can you recall how dated their furnishings seemed? That is how younger buyers might perceive your home where you've lived for a long while. Before listing your home for sale empty it of all furniture you don't absolutely need. Put the rest in a storage unit.
Let the light shine in. Unlike many older homeowners who have spent hundreds of dollars on draperies the younger home buyers prefer … (0 comments)
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hopkins: September 2008 Home Sales In Columbia SC - 10/02/08 04:35 PM
September 2008 Home Sales In Columbia SC
While home sales have slowed recently the market around Columbia is still chugging. I broke down the closed deals during September:
$125-150K 97 sales
$150-200K 95 sales
$200-250K 42 sales
$250-500K 51 sales
That's 285 happy Buyers last month.
Would you like to be happy this month?
Terry Edwards Russell & Jeffcoat Realtors
www.FeaturedColumbiaHomes.com
Shandon Rosewood Forest Acres Arcadia Lakes Hopkins
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