terry edwards: How To Throw Away $100,000
- 08/24/10 06:56 AM
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)
terry edwards: Introducing The New Bank Of America Doctor Loan
- 08/18/10 06:55 AM
Introducing The New Bank Of America Doctor Loan A new program from Bank of America Home Loans called the Doctor Loan is for licensed, practicing doctors, including dentists and other medical professionals. This home loan offers significant advantages for these buyers: as little as 5% down on mortgages up to $850,000 employment start date up to 60 days after the closing is allowed student loan debt is not included in the total debt calculation as always, some restrictions do apply For more information on these loans contact Terry Edwards tedwards@sc.rr.com www.FeaturedColumbiaHomes.com
Shandon Forest Acres Old Woodlands Heathwood And all the … (2 comments)
terry edwards: Another Leading Indicator Rises
- 08/17/10 10:22 PM
Another Leading Indicator Rises Another leading indicator of U.S. commercial construction spending rose in July, as recently reported by the architects' trade group. The American Institute of Architects (AIA) said The Architecture Billings Index was up 1.9 points last month to 47.9. A reading above 50 indicates expansion, so we are getting close. The weak economy and high unemployment have meant less need to design and build stores and office buildings. Most industrial companies receive a good portion of their revenue from the commercial sector, selling machinery used in construction or the components of a building, such as elevators, electrical … (0 comments)
Beautiful rolling, heavily wooded acreage on Garners Ferry Road just past the traffic light on Horrell Hill 3.4 acres of mature hardwoods and 60'-80' pines with 334 feet of road frontage The lot is almost rectangular in shape and the deepest corner stake measures roughly 550' from the road The original Horrell Hill Elementary School was located on this land in the early 1900s 3.4 acres on Garners Ferry Road for sale $49,900 For additional information contact: Terry Edwards tedwards@russellandjeffcoat.com www.FeaturedColumbiaHomes.com 803 920 5327
3.4 Acres For Sale … (1 comments)
terry edwards: Leading Economic Indicator Jumps
- 08/07/10 04:19 AM
Leading Economic Indicator Jumps The good news express keeps rolling on. Yesterday the SC State Ports Authority announced that the volume of containerized cargo traffic through the Port of Charleston increased by 34% in June.
This tops the previous three consecutive months volume, which were all up in double digit percentages. The SPA stated they ended this fiscal year ahead of anticipated volume. It's good to see sustained commerce again. I hope during the last half of the year we will slip it into 2nd gear and the nation will continue to recover from this horrible recession. Terry Edwards www.FeaturedColumbiaHomes.com
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terry edwards: First Time Homebuyer Mortgages
- 08/06/10 10:42 PM
First Time Homebuyer Mortgages The Community Homeownership Incentive Program, or CHIP, is offering home mortgages geared to the first time homebuyer. For residents of Richland and Lexington counties in SC there is NO DOWN PAYMENT required if you meet the following qualifications: • Annual family income cannot exceed $49,920. There is no income limit for homes located in designated "underserved" communities. For example, almost all of the Hopkins, SC area. • For families with income up to $62,400 the down payment is only 3% • Private mortgage insurance is not required for these loans. There are currently hundreds of homes for … (1 comments)
terry edwards: Mortgage Rates Hit Record Lows
- 08/05/10 07:13 AM
Mortgage Rates Hit Record Lows Freddie Mac, who started surveying mortgage rates in April 1971, states that thirty-year fixed rate mortgages have reached new all-time lows in six out of the last seven weeks.
According to the survey, interest rates on 30-year fixed-rate mortgages averaged 4.49 percent for the week, down from 5.22 percent a year ago. The Mortgage Bankers Association said this week that mortgage applications to purchase homes rose last week for a third straight week as rates have dropped. Someone out there is catching on that this is a once in a lifetime deal. This beautiful brick home for sale at 35 Palmetto … (1 comments)
Hopkins, SC The USDA rural home loan program is back! A USDA Guaranteed Loan is a Government insured 100% purchase loan. These loans are only offered in rural areas and almost all of Hopkins, SC 29061 is included. Under the terms of the program, an individual or family may borrow up to 100% of the appraised value of the home, which eliminates the need for a down payment. 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 … (3 comments)
This home at 35 Palmetto Wood Court is located in the new Palmetto Park subdivision just off St. Andrews Road in Irmo directly across from the Lexington Medical Center
The roomy kitchen features stainless steel appliances, granite countertops, recessed lighting and a tile floor
The family room has a trey ceiling, crown moulding and neutral colors
Custom gas log fireplace with a granite surround
The front bedroom has smooth ceilings, crown moulding and a ceiling fan
Columbia SC The average rate for 30-year fixed home loans dropped to 4.69 percent this week, which is the lowest rate for home mortgages since Freddie Mac began tracking them in 1971. What a great opportunity for today's homebuyer. There are several hundred homes for sale in the Columbia area that are at 2007 prices or better. Did you know that you can now buy a $150,000 home and have a monthly payment of under $1,000? For additional information on how you can take advantage of today's low rates contact:
… (2 comments)
terry edwards: Homes For Sale In The Shandon Area of Columbia SC
- 06/14/10 07:06 AM
Homes For Sale In The Shandon Area of Columbia SC The Shandon area of Columbia is over 100 years old and the neighborhood reflects the diversity of Columbia. Each home is unique and the wide streets make it perfect for walkers and runners. The natural beauty of Shandon and the landscaped streets as well as the proximity to Five Points and downtown Columbia are just some of the factors that have kept up home values in Shandon during the recent economic downturn. Here is a sample of homes currently for sale in Shandon.
There are currently 69 homes for sale in the … (0 comments)
terry edwards: Set The Perfect Game Right, Already
- 06/06/10 12:09 AM
Set The Perfect Game Right, Already ! I've been watching replays of the safe call at first base all week and I'm disgusted. A tearful Jim Joyce (Umpire) admitted he blew the call and wishes he could take it back. I mean, the play wasn't even close. But the MLB commissioner won't touch it. Armando Gallaraga will be just another pitcher who flirted with a perfect game on Wednesday night. There have only been 20 perfect games thrown in over 100 seasons of Major League Ball. After retiring 26 consecutive batters Mr. Gallaraga only needed one more out to complete the feat. It doesn't … (0 comments)
Columbia SC Russell & Jeffcoat Realtors has teamed up with the Salvation Army once again and we are holding an Office Garage Sale to send needy children from the Midlands to summer camp. Won't you join us in this worthwhile cause next Saturday June 5, 2010 from 7 until 10 AM in the Russell & Jeffcoat parking lot at 3722 Devine Street. Every $250 we raise will send a kid to camp this summer Saturday June 5 7-10 AM Russell & Jeffcoat Realtors Corner of Kilbourne and Devine
Individual and corporate donations are always … (0 comments)
The FHA 203(k) Rehabilitation Program allows homebuyers to purchase a home and include the renovation costs with a single loan
This is a great opportunity for homebuyers who • Are interested in purchasing a property that needs repairs • Want to save time and money by financing the home purchase with the cost of the repairs • Have a minimum credit score of 620 To qualify for the FHA 203(k) loan all repair work must be completed by a licensed contractor. These loans are approved for short sales and foreclosures … (1 comments)
This three bedroom home for sale off Leesburg Road in SE Columbia is on a large .4 +/- acre lot
The 1300 square foot home features custom built kitchen cabinets & both bathrooms were recently updated by Carolina Re-Bath. The large fenced-in backyard includes a storage building. Twin Lakes is a quiet neighborhood bordering Fort Jackson that was built in the early 1960s and consists of mostly brick homes. Located near the Veterans Hospital & I-77 at exit #9. 1300 SF 3BR/2BA Large Lot 12 month home warranty List Price $95,900 For … (1 comments)
terry edwards: Mortgage Rates Drop To Lowest Level of 2010
- 05/13/10 05:47 AM
Mortgage Rates Drop To Lowest Level of 2010 Columbia SC Mortgage rates fell this week to the lowest level of the year, extending the great once-in-a-lifetime opportunity for home buyers. The average rate on a 30-year fixed rate mortgage dipped to 4.93% this week from 5% a week earlier. Depending on your credit score, you could purchase a $200,000 home in the Columbia area for around $1,325 per month, including insurance and county taxes. For more information on attaining your dream home contact Terry Edwards tedwards@sc.rr.com www.FeaturedColumbiaHomes.com
East Columbia Lake Katherine Forest Acres Shandon Rosewood NE Columbia please add this … (0 comments)
terry edwards: Galaxy 15 Satellite Goes Major Tom
- 05/04/10 12:00 AM
Galaxy 15 Satellite Goes Major Tom Adrift In Space Ground controllers lost communications with the Galaxy 15 satellite on April 5 and it is currently drifting away from it's home spot. Between 150,000 and 200,000 wake-up signals have been sent to the satellite since it stopped sending or responding to commands.
The satellite's manufacturer has said an intense solar storm may be to blame. The home position for Galaxy 15 since 2005 has been 22,500 miles above our equator. This height is where the speed of the satellite and the earth's gravitational pull are in harmony and the object is said to be in geo-stationary … (0 comments)
Congress has approved the following exceptions that apply to both the $8,000 tax credit for first time homebuyers and the $6,500 tax credit for repeat homebuyers. Qualified service members who are ordered on a period of official extended duty have a one year extension to take advantage of these tax credits. The new tax credit extension applies to home sales with a binding contract in place on or before April 30, 2011 and closed by June 30, 2011. "Qualified service member" means a … (0 comments)
Caughman Ridge is a small neighborhood in southeast Columbia that was built in the mid-2000s. It is conveniently located just a block away from Caughman Road Elementary School for families with young children. The Caughman name shows up frequently because back in the day the Caughman families were large landholders whose farms and fields covered the area. The road that led to their homes was named Caughman Road. The homes in Caughman Ridge range from about 1200 to 1700 square feet with attached garages. There are currently three homes for sale in the neighborhood … (0 comments)
The Berkeley Forest neighborhood is located in southeast Columbia off Garners Ferry Road (US Hwy 378) Only a 10 minute drive from Ft. Jackson and the Veterans Administration Hospital, Berkeley Forest was built in the early 1970s and consists of mainly one story solid brick ranch homes
The large eat-in kitchen features custom built cabinets with a new countertop and stainless sink
The entrance from the large 2 car garage is on the right. The laundry room is behind the bi-fold doors and … (1 comments)
How To Throw Away $100,000
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