Homes Fort Mill SC

Above is a summary of  Tega Cay single family homes sales for 2011. The information was prepared using data from Carolina (Charlotte metro) MLS. Homes.

According to CMLS data, 25 more homes sold in Tega Cay in 2011 compared to 2010. The number of days on the market reduced 15%. Average homes sold prices were down 2% from last year but the list price to sold price ratio was flat holding near 96%. (more…)

Pictured are Tega Cay homes recently sold or pending by Century 21 First Choice Realtor Carmen Miller. Over 100+ homes have sold in Tega Cay this year. Our area home market is seeing approximately a 40+% decrease in inventory of homes listed for sale compared to last year at the same time.

Tega Cay homes priced under $300,000 are selling in under 90 days on the market and averging 95% list to sales price ratio. (more…)

Fort Mill School District Central Office is moving next Spring 2012. A new construction notice sign was installed Wednesday signalling the start of the interior construction process for the new Fort Mill School District Central Office.

The new offices will be located at 2229 Deerfield Drive in the same development area (Gold Hill Commons) as the current Knights baseball stadium. (more…)

A certified letter was mailed by DHEC to all 3 Fort Mill hospital applicants today. The letter said,

“It is the decision of this Department that a Certificate of Need be issued to Carolinas Medical Center –Fort Mill for the construction of a 64 bed general acute care hospital to be located in York County SC.”

The letter went on to say CMC has best met all of the criteria in the community need documentation.

My question is, is this their final answer? (more…)

Sports fans are you ready for a new sporting goods store in Rock Hill? Development company Warren Norman Co, Inc, announced it has signed a lease for a new 71,829 sq ft Academy Sports + Outdoors. The new sporting goods store will be located at a new shopping center called High Point Crossings at the corner of Dave Lyle Blvd and Red River Road.

The talks and negotiations between the Developer and Academy began over 4 years ago. The lease singing secures a major anchor tenant for the new 40 acre, 225,000 retail square footage development with a projected real estate value when the center is completed at over 35 million dollars. (more…)

Good news for the Fort Mill Township, Red Ventures plans to hire 500 people before the end of 2011. The Fort Mill SC based Red Ventures is holding a Sales Job Fair  Thursday, August 18th, 10am – 1pm & 6pm – 7pm at thier headquarters at 1101 521 Corporate Center Drive Fort Mill, SC 29707.

Red Ventures is anticipating a large turn out so time slots have been set up in which you can register for via their website at www.redventures.com/events. (more…)

York County will begin mailing “Notice of Assessment” letters to York County SC property owners this month. Your property is reassessed every 5 years or sooner if you make improvements or transfer (buy) property. The last County 5 year reassessment was in 2006. There is a good chance your home value in Fort Mill, Rock Hill, Tega Cay, Lake Wylie, Clover, etc will show an increase this year.

What? My property re-assessment notice from York County may show an increase this year? I thought homes have decreased in value in the last couple years! So why the higher property assessment values this year? (more…)

Do credit inquiries hurt my score?

This is a great question and a common one!  Many potential home buyers are afraid to let a lender pull their credit report because they think it will drop their score.  This is actually a very harmful MYTH and let me explain why.

Mortgage lenders use a scoring formula developed by Fair Isaac called FICO score.  FICO ignores mortgage inquiries for the most recent 30 days prior to scoring!  In fact, even when looking more than 30 days back all inquiries made for a mortgage within a 45 day window are only counted as one inquiry.  This means that having your credit checked out for a mortgage is not harmful to your score immediately and have little to no long term impact.

This is important because when home buyers wait until they find a house to have their credit pulled, there are often surprises that hurt their chances of obtaining a loan or getting the best rate.

I just met with a couple a few weeks ago that wanted to buy a new home in the Tega Cay area.  They are very credit worthy but didn’t realize that there was an error on their credit report.  By coming to me early we identified the problem and within a few weeks they were able to clear it up… before needing to lock in a rate or close on a loan!

If you are thinking about buying or refinancing the FIRST THING you should do is have a lender pull your credit!  Most lenders will do this for free and you might save yourself a lot of time and money.

Olan Carder
Loan Officer
NMLS# 97565

8600 Sam Furr Road, Ste 250
Huntersville, NC 28078
Phone: 980-721-7478
Fax: 704-247-2601
ocarder@1asmc.com
www.charlottemortgageonline.com