Why Rent in Boiling Springs SC?

Have you ever wondered why apartment buildings charge so much more for rent then Single Family Homes (SFH) charge? It really does not make sense or cents! Apartment buildings have lower over head costs because they have more income producing units per square foot of land and building material. Put another way, apartments give you LESS for your Money then renting a SFH gives you.

A Boiling Springs SFH gives you more square footage of home and a yard for the dogs, kids, or garden to flourish in. It also does not compromise your lifestyle by infringing on the neighbors likes and dislikes. If you like you music loud, play it loud. If you want to learn the tuba, learn it. Might want to keep the windows up on that last one.

Here is a Boiling Springs home located behind the Wal-Mart available for sale for ONLY $79,900. Yes the fenced in back yard, carport, and nicely stained wooden deck come WITH the home. It is a 2 bedroom 1 bath perfect for someone burning their money on rent. And oh yes, it qualifies for the government home buyer tax credit of 10%. The government will not be paying 10% of your rent this month but it will pay 10% of your home purchase up to $8,000. With low utility bills and not a repair to be found this is a great home for someone looking to keep expenses very low.

Click here for detailed information about this Affordable Boilings Springs Area Home.

For a private showing of this home call Rob at 864-621-7900.  Estimated monthly payment should be around only $500 per month.  Your lender can give you a professional estimate.  Stop giving Your money away every month.  Build equity for yourself and your family by paying off your own home.  Go here to search for more Boiling Springs homes for sale under 100,000.

Cell Phone Numbers Go Public This Month

REMEMBER: Cell Phone Numbers Go Public this month. REMINDER….. all cell phone numbers are being released to telemarketing companies and you will start to receive sales calls. …. YOU WILL BE CHARGED FOR THESE CALLS To prevent this, call the following number from your cell phone: 888-382-1222. It is the National DO NOT CALL list. It will only take a minute of your time.. It blocks your number for five (5) years. You must call from the cell phone number you want to have blocked.. You cannot call from a different phone number.

Keep Looking Up,

Rob

Local Real Estate Market Outlook for 2010

Ok, no crystal balls, no magic hats, and no talking to spirit beings here. Just market observations and educated guesses for the Spartanburg county real estate market for 2010. It seems everyone is wondering where the real estate market will go in 2010. I’ve read rosy reports from main stream news to pessimistic sell everything now and leave the county perspectives. While nobody knows for sure the direction, we can at least be clear about what forces are most influencing our local market and predict trends for the short term.

Driver #1, the Tax Credit
During much of 2009 home showings lagged 2008 for the first 3 quarters of the year. Then, boosted by the First Time Home Buyer Tax Credit home showings spiked beyond 2008 making the total year showings measure about equal to each other. The original deadline for the tax credit was in November ’09 and then congress extended the credit until late April 2010. Make no mistake this is having a big impact on home sales. Additionally, congress extended the 10% tax credit to include home owners who lived in their home for 5 consecutive years over the last 8 years. I’ve talked to many buyers in this category as well.

Driver #2, Interest Rates

There has been much debate among experts as to the direction of interest rates.  While almost all agree they will go up in the long term the uncertainty lies in WHEN they will go up.  This “expert” predicts interest rates to go up in June 2010.  If we assume this is the case then the monthly cost to borrow money to buy a home will go up.  For example, a $150,000 home at 5.0% interest for 30 years in $805 a month.  The same home at 7% will cost $997.95 per month, a difference of almost $200/month.  (does not include tax 7 insurance) This will result in a few things: 1) force many buyers to purchase lower priced homes, Read more..