Home Buyer Tax Incentive Breaking News

There is still going to be plenty of time to take advantage of the Homebuyer Incentive from the U.S. Government for first time homebuyers (should remain at $8,000), and now it looks like for second time homebuyers as well who have lived in their current homes for 5 years ($6,500 proposed incentive to sell that home and buy a new one)!

Read the link below and give me a call with any questions.  This has not been formally written into law just yet, but it appears to be all but finalized.  There should be ample purchase opportunities to go around through the spring of 2010 and still take advantage of these benefits. The tax credits would be available to buyers who sign sales agreements by the end of April 2010. They would have until the end of June to close on their new homes.
This is a preliminary report, details and conditions may change as the legislation becomes finalized.

Thank you for your business and give me a call anytime I can help out with questions.

http://www.foxnews.com/politics/2009/10/29/senate-likely-extend-tax-credit-time-home-buyers/

Hanging Rock Subdivision, Boiling Springs SC Home for Sale

The Hanging Rock subdivision in Boiling Springs offers a great pool recreation area and a strong home owners association to keep property values up. 

 

It has a beautiful entry way with lush landscaping on both sides of the entrance and the community pool area is located just to the left when entering the subdivision.  It’s location is convenient to everything.  All the schools are located with in minutes:  Elementary, Middle, Jr. High, and the High School are all very close by.  Wal-Mart, Lowes, and restaurants, are all only a mile away. 

The community even has a small lake towards the back with homes built around most of it. 

 

If your looking for something to do look no further than the park that borders the subdivision.  It’s hard to get much closer than that!  Baseball fields, community centers that are special needs accessible, play grounds, a BMX bike course, and more are just a walk from this community. 

There is a beautiful home for sale at 469 Slate Drive that backs up to the park: 

Click here for full details for 469 Slate Drive Hanging Rock Subdivision 

The two story living area with fireplace will greet you with warmth yet maintain an open feel as you enter this home. Precede to the back as the separate dining room and kitchen complement each other well while maintaining their distance. This home has an excellent floor plan. The First Floor master bedroom with full bath, double vanities and walk in closet will save time and effort every day. Upstairs you will find a large, multi- 

469 Slate Drive, Boiling Springs SC

 

angled bonus room great for an office and recreation room. Socialize at the community pool or get lost in your private back yard with a great sloped natural area just waiting for your HDTV outdoor touch. 

Nice Entry Way with Wood Flooring

 

Living Area with Stair case

 

2 Story Living Area with Fireplace

 

Open Kitchen with window over sink

 

Dining Room Opens to Backyard and Kitchen

 

Multi Angled Bonus Room

 

Level Backyard with raised natural area

 

Boiling Springs SC Manufacturing Business For Sale

If you could buy a Boiling Springs manufacturing building for $45 to $50 a square foot and essentially get a 1,200 square foot house for FREE, would you buy it?  That is the opportunity you have here with this
Manufacturing Facility. (click for full details)

This 4,800SF steel beam and concrete constructed building in Boiling Springs has a manager’s office, employee room, rest room, and large work areas.  3,200 sf are above ground and 1,600sf are below ground with exterior door access.  Plenty of acreage and parking. Wired for 220-240 volts, 3 phase, loading dock, and open floor plan.

Boiling Springs Location?  Excellent. Why?  Good Road Frontage, High Vehicle Per Day Count, and very close to HWY 9 in the heart of Boiling Springs.  Combine this with low accessed taxes and this can easily be the right asset for you if you are in are considering starting a manufacturing type business.

Call us for more details if you are interested.

Keep Looking Up

School Teacher Discounts

Introducing a new Professional Educators discount for Full Service Real Estate services.  If you are a school teacher in Greenville, Spartanburg, or Cherokee county you will be reimbursed $250 at closing for buying or selling property with us. Just reference the Educator’s discount coupon here at the time of agreement.

The thinking person scratches their head at some of the priorities in our society.  Politicians seem to all be millionaires instead of the peer group in and out public servant the position was designed to be for.  Education administers make much more than school teachers.  All the while the really valuable, human impacting careers, like classroom school teacher, is low on the income totem pole.

As an independent business person and a father of a child in the Boiling Springs district 2 school system I love to work with people who have integrity and a good work ethic.  Most school room teachers clearly fit that description and I am proud to offer this incentive to them.  Please reference the  School Teacher Discount when calling me at 864-621-7900.

First Time Home Buyer Program

Introducing a First Time Home Buyers Program for Spartanburg and Boiling Springs that will help new buyers immediately.  New Home Buyers that buy a home with me will qualify for $500 cash back at closing by referencing this new 1st time home buyer credit.

Now is the best time to buy a home in recent memory and possibly ever.  Possibly there has never been a better time to buy a home, period.  Let’s look at the reasons why:

1)  Interest Rates are low:  Interest rates are at their lowest levels in years and they can almost go no where but up.  With our government deciding to inflate the US currency and market inflation a near given, locking in low interest rates before they go up for years and years is a wise move.  The average current 30 year fixed rate mortgage is at 4.97%.

2) The government tax credit of 10% of the home purchase price up to $8,000 can be used for a down payment or to pay closing costs in many cases.  This means home buyers do not even have to pay closing costs or put money down potentially.  Another option is to get the tax credit back later to customize your home with drapes, paint colors, towels, etc. that make a house your home.

3)  Areas like Boiling Springs SC and Inman SC qualify for USDA Rural Development loans that allow buyers to buy home with reduced payments and reduced qualifying standards.  This is a great program.  To see if you qualify for this program or if a house you are interested in qualifies call me at 864-621-7900.

4) Buyers can now get $500 back at closing when buying a home through me.  When you buy a home there will be many things you will find to do to make the house your home.  From making repairs, to buying appliances to changing the color of rooms all these “little” changes add up to real dollars.  That is why I am giving back to new home buyers.  Just reference the $500 Spartanburg New Home Buyer Coupon.

Right now is a great time to by an affordable home and stop paying rent.  If you know someone who should be owning their own home have them contact me today.

Boiling Springs MLS

This Boiling Springs real estate search site is like the city having it’s own MLS service to look for homes or investment property.  If you have not checked it out, search for Boiling Springs SC foreclosures, homes, and investment real estate here.

The search site has recently been updated with explanations of each search category at the bottom of the page.  These categories include:

Single Family Homes

Government Foreclosures

MLS Foreclosures

Town Houses

Condominiums

Lots

Land

Mobile Homes

Multi-Family Properties

Commercial Real Estate

Again, these categories are updated everyday.  Call me for a list of Boiling Springs homes offering Owner Financing at 864-621-7900.

Business for Sale in Spartanburg SC

It is with great excitement that Rob Turchetta and Michael Hobbs of the Spartanburg Keller Williams office in Spartanburg SC team up with Biz1Brokers to provide a regional, national and international market for people looking to buy or sell a business in the Upstate area of South Carolina.  Biz1Brokers is the fastest growing full service business brokering franchise in the world specializing in the confidential buying and selling of small, medium, and large businesses.

 

If you are a Spartanburg Realtor and have clients or know anyone interested in selling a business let us know and we can work with you to sell the business on a referral basis.  Since selling a business requires different marketing tactics that cost money and business evaluations not normally used in the sale of residential or even commercial real estate, listing a business as a regular real estate listing can be a great disservice to its owner.  Many times real estate is not even involved in the sale as many businesses lease their buildings.  When real estate is part of the business, the property value is separated in the purchase agreement and runs through Keller Williams.  Here again the documents for the sale of a business includes clauses and terminology not used in residential or commercial real estate documents. 

 

Our goal is to leverage our time and dollars invested into the business broker model with Realtor contacts in the Spartanburg market place creating an additional income opportunity for Realtors without them having to spend more time and effort.

 

With over 50 years of combined business experience,  you can have confidence knowing that we are experienced in all levels of business management including:

Marketing and Sales on a Regional, National, and International level; Mergers and Acquisitions; Business Financial Documents and Associated Financial Ratios needed to evaluate and value a business. 

 We will also be holding business seminars with guest speakers from financial, business, government, and other disciplines to encourage those who would like to own or start a business but do not know where to start.  Help with business plan development, securing financing, budgeting, marketing, sales, and other areas of business concerns will be topics of these seminars.  We will also highlight some businesses that people can start for as little as $69.00.  Our contact information is below if you have any questions or have an opportunity to pursue.

Rob Turchetta 864-621-7900

Keller Williams Realty Spartanburg

www.biz1brokers-upstatesc.com

The Place to Buy and Sell Small, Medium, and Large Businesses

First Time Home Buyer Tax Credit Spartanburg & Boiling Springs Area

Sales in the Spartanburg MLS have been spiking up this entire week. Why? We are approaching the expiration of the First Time Home Buyers Tax Credit for Spartanburg.

The First Time Home Buyers Tax Credit expires on November 30. That is significant news now in early October because once you find a house you like it generally takes 30 days for the lender to organize the paper work to close the loan!  Therefore November 30 minus 30 days equals October 31.  But wait, banks are taking longer to close now so 40 to 45 days is not unusual!  This means that your Boiling Springs lenders need to start processing your loan on about October 15 2009.  That gives home owners 2 weeks to find the home of their dreams and with everyone trying to beat the same deadline competition for the best Spartanburg and Boiling Springs homes is heavy.

If you would like to buy a home in Spartanburg county and have not owned a home in the last 3 years give me a call and we will find you one right away.  With many homes on the market and prices better then they have been in a long, long time, the time to buy a Spartanburg home has never been better.

Here is some information on the First Time Home Owner Tax Credit.  Hurry, it is almost over.

Owner Finance Boiling Springs Home

As many Boiling Springs and Spartanburg homeowners face foreclosure or damaged credit for a variety of reasons sellers offering owner financing is becoming more and more common.  Owner financed homes in Boiling Springs range from expensive luxury homes to affordable simple homes to everything in between.

I’d like to highlight one Boiling Springs Owner Financed home here:

1088 Wilkins Ford Road, Inman, SC

For just a $467/month payment that INCLUDES your principle, interest, taxes, and insurance, you can own a 2 bedroom 1 bath home on 1 acre with a large shed equipped with electric. At a cost this low it rarely makes sense to rent and have nothing left to show for your money at the end of the month. By owning and financing your own home part of each payment goes to payoff the amount owed on the home.  This is called your principle payoff. If you decide to sell the home at some point you can pocket the difference between what you sold the home for and what you still owe on the property.  This is called realized equity.

For this Boiling Springs Owner Financed Home, or should we say Inman Owner Financed Home the land alone is worth at least half the selling price.  It is 1.01 acres of level, flat land.  Water and electric utilities are already run to the land and a septic tank is already installed.  These are costs often not thought about but connecting water service to your land can be thousands of dollars alone.

If your tired of paying rent but have credit problems or just keeping a budget consider this home before it is gone.  Oh yea, and owner financed homes also qualify for the First Time Home Buyers Tax Credit set to run out on 11/30/09.  Call me for help in finding an owner financed home in any price range.  Search for homes in Boiling Springs SC here.