Columbia SC 203k Loan ConsultantWe have been covering Columbia SC for over twenty years now. If you need a 203k consultant or a consultant for your next HomeStyle® Renovation Mortgage project. We consult for them both and 3 other renovation loan types.Most people don't know how you might use the FHA 203k most effectively. This building is commercial on the bottom portion and residential on the top. Knowing how the FHA loan works, you could sell this property for 3.5% down, but you would need to add more residential use to 51%. You could sell a single-story commercial building for 3.5% down merely by adding a second or two residential stories. How about a fire-gutted property? Yes, it has a 203k potential. Maybe you have seen one like this...  as long as we have the foundation, and this ... 07/11/2024

Understanding the First Draw Inspection in Your FHA 203k ProjectThe first draw inspection is a crucial step in your FHA 203k renovation journey. It impacts both you, the homeowner, and your contractor. Let's break down what you need to know:The Importance of Upfront Planning:For contractors, the standard 203k program requires them to use their own funds initially. This "skin in the game" ensures they're committed. However, a well-planned project minimizes this burden.Understanding Soft Costs:Permits and architectural fees are "soft costs" that do not require a draw inspection. The lender holds these funds separately and releases them upon receiving receipts, permits, plans, or reports. Once the contractor pulls the permits, this money can be reimbursed without using one of your draw ins... 07/03/2024

Financing Your Dream Home: A Guide for Veterans with Renovation NeedsAs a renovation loan consultant with 30 years of experience, I'm passionate about helping veterans achieve their homeownership goals. Recently, I encountered a situation that highlighted a common hurdle: a lack of awareness about VA renovation loans.We submitted an offer on a house, planning to use a combination of a down payment and a VA loan. While the seller's agent inquired about financing details, it's important to remember that pre-approval strengthens your offer without disclosing specifics.The key takeaway here is for veterans to be informed about VA loan options, including renovation loans. These loans allow you to finance both the purchase price and necessary repairs, streamlining the process.In our case, the... 06/29/2024

Columbia SC is ripe for 203k renovationsWe have been doing FHA 203k renovation projects in and around Columbia SC for over twenty years now. Thank you all who have made us the largest consultant in South Carolina for many years now. We appreciate you.We have done minor repairs and complete home renovations. This photo is typical of what we find in older homes, we just rewire the entire home and upgrade the main service panel if needed. In the days when this was popular, many times, they only had a 30 amp breaker serving the entire home.We can build retaining walls of any type that would better suit your situation. Just let us know what you want.This pool and deck surround was installed along with a BBQ station using the FNMA HomeStyle® Renovation Mortgage product. With FHA, you can now ... 01/09/2024

Financing of a home with an ADUThe changes to FHA financing highlights are; The allow prospective borrowers financing a property with an ADU to use some of the actual or projected rental income from the ADU to help meet FHA income requirements; Requires analysis and reporting of ADU rental history or market rent in FHA appraisals; Clarifies that ADUs are an eligible improvement type for the FHA Standard 203(k) Rehabilitation Mortgage Insurance Program; and Adds single family homes with ADUs to the types of improvements that can be financed under FHA’s mortgages for new construction programs. There are many homes with ADUs out there now and with these changes it will be easier for your clients to get into them. To get the whole story Click HereYou can bring in a fully built manufactured ... 10/16/2023

Columbia SC - Why do I need a renovation loan?Renovation loans are amazing if you think about it.Realtors - if you don't have what your client is looking for you can add a pool, add a room, update kitchens bathrooms, make the home(s) you do have into what your client needs.Many times over the years I hear there are just no properties on the MLS, well, I hate to break it to you but the MLS is only one place to find homes for sale, you might think about the REIA... ask me about it if you don't know what it is.Home Buyers - If you can't seem to find a home that fits your exact needs in the area where you want to purchase, consider making a home that is close to your expectations into the home you want.If you find the perfect home and it just missing a swimming pool, then the HomeStyle® Ren... 10/13/2023

203k is alive and well in Columbia SCWe have an office in Columbia with 203k consultants galore. If you need a FHA 203k, a HomeStyle® Renovation Mortgage, or maybe a Freddie Mac CHOICERenovation® - Home Improvement loan, we consult for all of them. Whether you need to replace a foundation, or just simple renovations, updated kitchens and bathrooms, it's all good. Log cabins or modern construction.  The home on the right, we raised it a foot and a half and gained a $100,000 view per the appraiser.Mixed use buidlings are a snap with FHA financing.  You can get a commercial mixed use building financed with only 3.5% down payment.Our SC office is just outside of Columbia SC.If you like our posts, please click on the like button below.203k consultant near me Columbia SC203k consultant near m... 10/11/2023

This past week was a ton of fun! I had the pleasure of driving down south to North Carolina to visit with family and conduct a couple of Feng Shui Consultations for clients in Washington, D.C. along the way.However, the main reason for heading south was to attend my first-ever, AOL (Art of Improvisation) event, hosted by Music for People. Essentially, this weeklong event was a deep dive into musical improvisation. There were about 70 attendees from all around the country, varying in background with musical experience. Some were teachers and drum circle facilitators, others were professional musicians, and aspiring musicians. Each day and evening, as a collective we were introduced to a variety of improvisation music-making techniques, theories, and endless opportunities to play, dance, ... 08/02/2023

Homes For Sale in North East Columbia SC View the latest homes available for sale in North East Columbia SC by neighborhood. Click on the link below to start you home searchHomes For Sale in WildewoodHomes For Sale in Woodcreek FarmHomes For Sale in Lake CarolinaHomes For Sale in Blythewood Download our real estate app today to get access to the most current homes available for sale on the real market in Columbia SCClick here to down our App  04/29/2020

4 Bed room homes for sale in North East Columbia SC View the latest 4 bed room homes for sale in Columbia SC Home for sale Price:  $150,000 to $200,000Home for sale Price:  $200,000 to $250,000 Home for sale Price:  $250,000 to $300,000Home for Sale Price: $300,000 to $350,000   02/01/2020

Get the Columbia SC 2020 Home Buyer GuideThe process of buying a home can be overwhelming at times, but you don’t need to go through it alone.You may be wondering if now is a good time to buy a home…or if interest rates are projected to rise or fall. The free eGuide below will answer many of your questions and likely bring up a few things you didn’t even know you should consider when buying a home.Simply fill click on the link below to receive your copy of the eGuide, and feel free to get in touch if you have any questions.HOME BUYERS GUIDE Search Here for Homes For Sale in Columbia SC  02/01/2020

Looking for an established neighborhood in the Northeast Columbia area at reasonable pricing? Briarcliffe Estates is a must see for buyers in the area! With homes ranging in price from the low 100s to the low 200s, these houses are typically traditional one story ranches with some two story homes and larger than average lots sizes. Built up primarily in the 80s and 90s, these homes range in size from 1200-1700 square feet.  Located convenient to I-20 and Highway 1, Briarcliffe Estates is close to the Village at Sandhills shopping center and just a short drive to shopping in downtown Columbia! You will enjoy walking the trails at Clemson Extension and hiking through Sesquicentennial Park. Shopping, dining, and entertainments are mere minutes away in both the Sandhills Shopping center, Tw... 04/19/2019

Columbia SC Real Estate Market Report  North East Columbia and Blythewood Real Estate Market Report for January to February 2019 ✅ Homes Sold:  272 ✅ Avg List Price: $216, 837 ✅ Avg Sold Price: $212,339  ✅ Avg Days on Market: 76 ✅Sellers are recieving 98% of asking price   Click on the link below to view this week price reduced homes in Columbia North East SC ⬇️ ⬇️ ⬇️    🔥 🔥Search here for price reduced Homes For Sale   Search here for all homes for sale in Columbia SC and Fort Jackson   02/23/2019

 J. King Real Estate is proud to announce that we will be participating in the 6th Annual Chili Cook Off and Concert to Benefit the Juvenile Diabetes Research Foundation (JDRF), put on by Shelby Ray Shealy, her family and members of team Diva-Betic.  The money raised from this event will go to advance awareness and fund research to cure, treat and prevent Type 1 Diabetes. This is a great event and we want to help Shelby Raye Shealy and JDRF get the word out. This event will take place at Schooner’s Bar & Grill of Irmo on March 24th, 2019, beginning at 12:00 noon. The event will feature silent auctions, raffles, a chili cook-off with tasting, free children’s activities and entertainment from talented local musicians.  According to JDRG, 1.25 million Americans are currently living with Ty... 01/29/2019

Whenever I work with potential buyers in the Columbia, South Carolina area, I typically am asked "What is there to do on the weekends?". While Columbia is not a large city in comparison with Charlotte and Atlanta, we have a wide variety of entertainment so that everyone is sure to find something of interest. This Saturday. my husband and I did one of my favorite Saturday morning activities: we went to Soda City on Main Street. Soda City is a large farmers market that has evolved over the past several years to become very popular with the locals. It is a great opportunity for families, dog lovers, and young people to see local vendors and enjoy delicious food.  An ideal trip to Soda City farmers market for me is to first go by the vegetable and fruit stand. We pick up a box, fill it with... 01/05/2019

The housing market in greater Columbia are of South Carolina offers a plethora of neighborhoods ranging in house size, price, lot size, and style. Each week I will be featuring 1-2 communities and this week the spotlight is on a starter home neighborhood located in Richland County called the "Briarcliffe Estates".  Briarcliffe offers a wide range of single family homes built primarily in the 1980s. Featuring the larger lot sizes that buyers often miss in newer homes, you are afforded a bit more privacy from your neighbors without feeling isolated. The homes are typically 3 bedroom/2 bathroom starter home size. This neighborhood is often described as quiet, relaxed, and comfortable by its residents and has an annual HOA fee of $60 to maintain the entrances.  The primary draw of Briarclif... 01/04/2019

  Just on the other side of Jeep Rogers YMCA in highly desired Lake Carolina, near the last Kelly Mill Road entrance you will Brookhire. Brookshire is an established single family home community with many of the homes in the neighborhood being built around 2005.   Homes in Brookshire are mostly brick sided with vinyl accents and can range widely in size with some homes reaching North of 4,000 square feet in living space. Tree lined streets and large lots continue to make Brookshire a popular community.         There are currently 2 homes for sale in Brookshire at Lake Carolina with an average list price of $302,800.   There is currently one home under contract.    In the past 6 months no homes have closed in Brookshire at Lake Carolina.   Search Homes for Sale in Lake Carolina   If you... 01/03/2019

  Columbia, SC Homes for Sale in Lake Carolina - The Bluffs     Located off of Lake Carolina BLVD between the main entrance and the Centennial section of Lake Carolina in Northeast Columbia, SC is the beautiful and highly desired community of The Bluffs. The Bluffs at Lake Carolina start out in the low 200's, but with lot of homes on the lake, you can see lake front estates here stretch to close to the $1,000,000 mark as well.   The Bluffs in Lake Carolina has on main road that drives along the lake in a loop with just a few interior streets. Homes are mainly brick and custom built with all the upgrades you would expect. The community is zoned for award winning Richland Two Schools which include Lake Carolina Elementary, Killy Mill Middle School , and Blythewood High School at this tim... 01/02/2019

  Columbia, SC Homes for Sale in Lake Carolina The Peninsula   Along Lake Carolina BLVD between the main entrance off  Hardscrabble Road and the Centennial section of Lake Carolina is the exclusive and highly desired gated community of The Peninsula. As the name may recommend, The Peninsula is surrounded on three sides by the beautiful 200 private lake at the heart of the Lake Carolina community. These custom built homes start around $300,000 and stretch North of $1,000,000 for lakefront estates.     While the community of The Peninsula itself is nothing short of astounding given it's location and lovely, well appointed homes and exclusive community amenities like a private pool only for Peninsula residents, home ownership in the community also offers access to Lake Carolina amenities ... 01/01/2019

  Located on the far end of Lake Carolina in the Centennial section of the Northeast Columbia, SC community you will find Executive Courtyards. Executive Courtyards is a small all brick neighborhood that boasts garden style homes that start around 2,000 square feet with all living spaces on one level and typically a finished room over the garage.   Executive Courtyards at Lake Carolina is zoned for award winning Richland Two schools which include Bridge Creek Elementary, Kelly Mill Middle School located in Lake Carolina, and Blythewood High School.         There are currently 5 homes for sale in Executive Courtyards at Lake Carolina with an average list price of $219,700.   There are currently no homes under contract in Exectutive Courtyards.   In the past 6 months 4 homes have closed ... 12/31/2018