Homes Fort Mill SC

USDA loans are used to help low to moderate income families buy homes in rural areas.  Most of the communities right outside of Charlotte are eligible and USDA has quickly become one of the hottest programs today primarily due to its zero down payment and no PMI.  USDA is funded each year through Congress, and like most years they are running behind on getting the appropriate funding passed.  Most years it really isn’t a problem and lenders keep on lending because USDA shifts some money around to cover the shortfall but this year might be different.  Below is an alert directly from USDA…

This message is to notify you that program funding for the Single Family Housing Guaranteed Loan Program will likely be exhausted by the end of April, 2010.

Once funding is exhausted, the Agency will not issue Conditional Commitments “subject to receipt of appropriated funds.”  This is because it is not certain when additional funding will be available. 

Limited funding may become available for disaster areas declared in 2008, or in disaster areas declared for Hurricanes Katrina and Rita.  Limited funding may also become available as prior Agency commitments are de-obligated, however, such funding will be very limited. 

We apologize for any inconvenience this may cause you.  Should you have any questions, you may contact the Single Family Housing Guaranteed Loan Division at (202)720-1452.

********************************************************************************

Please call your congressmen and ask them to RUSH this funding through.  Many people don’t know a lot about USDA mortgages but they are VERY common in NC and SC!  Thousands of families may be affected by this if people don’t join together and make some noise in Washington.  USDA Rural Housing is ran very efficiently and has lower default rates than FHA or other similar programs.

Please take action today. 

Olan Carder
American Security Mortgage
Mobile: 980-721-7478
www.charlottemortgageonline.com
ocarder@1asmc.com

I meet with Liz Ciardi,  Home Mortgage Consultant with Wells Fargo Home Mortgage, this past week . She past on timely information about the Home Buyer Tax Credit that expires in April. The following is a summary of the Wells Fargo Home Mortgage Tax Credit information brochure:

Seize This Opportunity

Little time remains for you to take advantage of the Federal Home Buyer Tax Credit. Along with high affordability and low mortgage rates, tax incentives make now a great time for first-time and repeat buyers to purchase real estate. It also presents a good opportunity for sellers. Now is the time to make sure your home appeals to motivated buyers. Read the rest of this Homes Fort Mill Post →

I thought it might be interesting to recap some of this weeks headlines from national and local news sources to see what the news media mood is related to real estate and the economy. Here is a recap of this week’s real estate headlines:

• Mortgage rates stay below 5%
• Charlotte-area home sales pick up in February (up 3.6%)
• Clear Springs back to development Mixed-use project one of rare starts across the region at Springfield Town Center in Fort Mill

(Charlotte Business Journal) Read the rest of this Homes Fort Mill Post →

Tega Cay Real Estate

• Listing # 923641
• Price: $185,000
• Address: 10013 Bora Bora LN Tega Cay, SC 29708
• SqFt Total Range: 2200 – 2600
• Bedrooms: 4
• Bathrooms: 3
• County Name: York
• Subdivision: Tega Cay

Great home with room for all! Large kitchen with updated cabinetry, newer appliances, tile floors and tile backsplash. Master and two additional bedrooms up, with large rear porch. Great in-law suite down with large den with fireplace and req room. Pretty sunroom with views of private wooded yard. Enjoy the birds and seasonal water views. Read the rest of this Homes Fort Mill Post →

Tega Cay Real Estate

• Listing # 1066899
• Price: $369,900
• Address: 1847 Chestnut Hill Ln. Tega Cay, SC 29708
• Bedrooms: 4
• Bathrooms: 2.5
• Square Ft.: 3263
• County Name: York
• Schools: Gold Hill, Ft Mill High
• Subdivision: Lake Shore at Tega Cay

Great livings spaces indoors and out! Wonderful open floor plan with soaring ceilings,gourmet kitchen,formal dining and study.Master suite on main floor with three additional bedrooms, huge bonus room and darling play room up. The outdoors is ready to be enjoyed with a custom built outdoor fireplace, hot tub and stamped patio. Located next to a wooded reserve, deer sightings galore! Read the rest of this Homes Fort Mill Post →

Tega Cay Real Estate | Tega Cay Lake Shore

• Listing # 1066951
• Price: $615,000
• Address 1716 Bentgrass Ln. Tega Cay 29708
• Bedrooms: 5
• Bathrooms: 5
• Square Ft.: 4,959
• County Name: York
• Schools Gold Hill, Ft Mill High
• Subdivision: Lake Shore at Tega Cay

Gorgeous full brick home on Tega Cay Golf Course! Enjoy the spaciousness of a three story home, the luxury of golf course living and the wonderful ameneties of a lake community. This home offers gorgeous wood floors, formals, a gourmet kitchen, a grand morning room, five bed/five baths, and an amazing back yard setting complete with a custom deck, hot tub, a wonderful play yard and much more! Read the rest of this Homes Fort Mill Post →

The Fort Mill School District has recently changed the enrollment freeze for Gold Hill Elementary School. The school board has voted to keep the freeze in place with the following exceptions:

Students who live in the Gold Hill Elementary School area but are now attending Springfield Elementary school will go to Gold Hill next year 2010-2011 school year.

The enrollment freeze for Gold Hill Elementary will be back in place beginning June 3rd 2010. New students who live in the Gold Hill Elementary area after June 3rd 2010 will go to Riverview Elementary. Read the rest of this Homes Fort Mill Post →

Tega Cay Real Estate | Lake Shore Subdivision

• Listing # 922959
• Price: $319,900
• Address: 1062 Windsong Bay LN Tega Cay, SC 29708
• SqFt: 2,700-3,300
• Bedrooms: 4
• Bathrooms: 3.1
• County Name: York
• Schools: Fort Mill (High), Gold Hill (Junior)
• Subdivision: Lake Shore

Southern Charm, Welcoming Front Wraparound Porch!Wonderful floor plan with master on main Read the rest of this Homes Fort Mill Post →