Boiling Springs Home for under $50,000 with Owner Financing

I wanted to get this out right away just in case any of you are interested or know someone who might be. This Boiling Springs home was listed for $49,000 but is now on the market for $45,000.  It is a 3 bedroom 2 Bath Single Wide mobile home in a good area with district 2 schools.  Home includes all appliances, carport, and outbuilding/shed.  The master bath features a garden tub, separate shower, and double vanities.

The home qualifies for the First Time Home Buyer Tax Credit and Owner Financing could be available. This is better and newer than the last one I sent out and that one is sold.  It will result in a low monthly payment that an equivalent rental can not compare to.

Here are the details:

Built: 2003
Sq Feet: 1,280
Bedroom: 3 (split floor plan)
Full Bath: 2
Master Bath includes: Double Vanities, Garden Tub, Separate Shower
All Appliances Stay including the Refrigerator and Washer & Dryer!)
Security Alarm
Ceiling Fans
Smoke Alarms
Smooth Ceilings
Car Port
Storage shed
Location: Boiling Springs
Schools: District 2

Click here for pictures

Feel free to call me at 864-621-7900 with questions anytime. I don’t think this one will last long at all.

Owner Finance in Boiling Springs Sterling Estates

Rare opportunity to owner finance a home in the Sterling Estates subdivision in Boiling Springs.

Price is only $239,900

Monthly Payment $1,600 (includes tax & insurance!) and is negotiable

Amount down negotiable

Click here for:  148 Gossamer Drive in Boiling Springs SC full Details

This 3 bedroom, 2.5 bath 2,590 Square Foot home has an attached, side entry garage, fenced in backyard, side walks that go straight to the community pool and a nice balcony of the master bedroom suite, and that is just the exterior of the home!

Here are some photos and a link to more information on the cottage style home in Sterling Estates Boiling Springs .  Call if you would like to see as it won’t last long. 

First Time Home Buyer Tax Credit Details for Spartanburg

First-Time Homebuyer Tax Credit Here are the latest details on the government sponsored tax credits for new home buyers and existing home owners living in their current Spartanburg and Boiling Springs area residence for 5 consecutive years over the last 8 years. Read and use the links below to learn about this potentially valuable resource.  If you have any additional questions feel free to call me for help.

Updated Nov. 6, 2009, to reflect new legislation — more to be added soon New Legislation New legislation, the Worker, Homeownership and Business Assistance Act of 2009, which was signed into law on Nov. 6, 2009, extends and expands the first-time homebuyer credit allowed by previous Acts. The new law: Extends deadlines for purchasing and closing on a home. Authorizes the credit for long-time homeowners buying a replacement principal residence. Raises the income limitations for homeowners claiming the credit. Under the new law, an eligible taxpayer must buy Read more..

Spartanburg School District 2 Flu Vaccine

Update: 2/12/10

After Russia confronted the WHO (World Health Organization) now the European Union is doing the same to the UN (United Nations).  Here is the news story:  Since this information was available on the internet since the beginning, let’s hope our school officials exercise their educations before following a safe career path!

IMPORTANT OFF TOPIC MESSAGE

Spartanburg School District 2 just sent letters to parents offering to administer the H1N1 flu vaccine to children for free.  The question is, why would any parent ever let their child be given a live virus via a vaccine that has not been tested to be safe yet.  Especially for a virus that has proven to this point to not be a significant risk to virtually anybody?  Why?

Why is our government pushing this vaccine so hard when the H1N1 has proven to be weaker than the regular seasonal flu that comes around?  Why do people who get the seasonal flu shot have such a higher incidence of getting H1N1?

It’s time to educate yourself from people that can be trusted.  The government and pharmaceutical companies that are making millions from the sale of vaccines and yet have legally ZERO liability when these possibly result in illnesses down the road are probably not the best choice.

Here are some resources to consider:

Dr. Mercola

LookUpFellowship.com Flu Research (UPDATE YOURSELF ON THE UKRAINE SITUATION THAT IS NOT GETTING MEDIA COVERAGE IN THE US yet the US is sending in supplies to help)

YouTube Swine Flu

I pray that you take the time to educate yourself, for your child’s sake, before just following the herd.

God Bless and keep looking up!

Home Buyer Tax Credit Extension

Stay tuned for final word but the UI bill including the home buyer tax credit extension and expansion has passed the House by a vote of 403-12 after passing the Senate last night 98-0. Realtors sent over half a million letters to Congress and it looks like the grassroots effort has paid off.

The new provisions take effect as soon as President Obama signs the bill, which we expect will be before the weekend. I’m including below some questions about the new credit:

1.  Existing homeowner credit:  Must the new house cost more than the old house?

A.  No.   Thus, for example, individuals who move from a high cost area to a lower cost area who meet all eligibility requirements will qualify for the $6500 credit.

2.  I am an existing homeowner.  On October 25, 2009, I signed a contract to purchase a new home.  I have lived in my current  home for more than 5 consecutive years and am within the new income limits.  I will go to settlement on November 20.  If President Obama has signed the bill by the time I go to settlement, will I qualify for the new $6500 tax credit?

A.  Yes.  The existing homeowner credit goes into effect for purchases after the date of enactment (when the bill is signed).   There is no reference to the date of contract for the new credit. The provision looks solely to the date of purchase, which is generally the date of settlement.

3.  I am a first-time home buyer but was not within the prior income limits at the time I entered into my contract to purchase on October 30, 2009.  I will be covered, however, by the new income limits.  If the new rules have been signed into law by the time I go to settlement, will I be eligible for a credit?

A.  Yes.  The new income limitations go into effect as soon as the President has signed the bill.  The income limit and other eligibility rules will look to your status as of the date of purchase, which is the settlement date.  So if the new rules have been signed when you go to settlement, you should be eligible for the credit (or a portion of the credit if you’re within the phase-out range).

4.  I am an eligible existing homeowner.  I have a fair amount of equity in my home.  I have found a home with a non-negotiable price of $825,000.  Will I be able to use any of the $6500 tax credit?

A.  No.  The $800,000 cap on the cost of the purchased home is firm at $800,000.  Any amount above $800,000 makes the home ineligible for any portion of the credit.  The $800,000 is an absolute ceiling.

5.  I owned my home for 10 years, but sold it two years ago year and have been renting since.  If I purchase a home, will I be eligible for the $6500 tax credit if I meet all the other eligibility tests?

A.  Yes.  Because you lived in the home for more than 5 consecutive years of the previous 8, you will qualify for the $6500 credit.  For example, Say John and his wife bought a home in 2000 and lived there until 2008 when he got a divorce. Whether John has been renting or bought in the interim, he WOULD INDEED be  eligible for the credit because he owned a home and occupied it as his principal residence for 5 consecutive years out of the last 8 years. The keyword here is “consecutive.” As long as he lived in that house for 5 years straight, what he did since 3 years doesn’t impact eligibility.

6.  I am an eligible first-time home buyer.  I entered into a contract to purchase on November 1, 2009.  Do I have to go to closing before December 1?  How does the extension date affect me?

A.  You do not have to close before December 1.  Once the legislation has been signed, it will be as if the Nov 30 date had never existed.  Therefore, so long as the contract settles before April 30 (or July 1, worst case), the purchaser will be eligible for the credit.

Feel free to call me with additional questions.