Mortgage Rates Drop To Lowest Levels on Record!

Spartanburg Mortgage Rates at Historic Lows

With the government sponsored tax credits expiring on April 30th just about all real estate experts expected sales to drop off the proverbial cliff in the following months to come.  Those months to come were the traditional home buying and selling season too where we annually see the highest amount of sales per month.

Surprisingly, sales in Spartanburg and Boiling Springs areas of South Carolina have been strong.  In fact I have had all the business I could handle while getting the tax credit rush transactions closed.  This month in June we have put 4 more homes under contract.  Not bad considering the rush of buyers in March and April.

So, why is the real estate market staying so hot?  Read more..

Free Updated Daily Boiling Springs Search

This Boiling Springs, SC real estate blog is designed to maximize your time understanding Boiling Springs real estate.  You can search the MLS for Boiling Springs property with the results updated daily. As an active investor I’ve even automated a search for Boiling Springs foreclosures that is updated daily!

We will also discuss Boiling Springs homes for sale, land for sale, commercial and businesses for sale, Boiling Springs architecture, landscaping, and other things that make our Boiling Springs community our home. Subscribe to Boiling Springs Homes For Sale by Email.  Rob Turchetta, an international and local real estate investor, has personally bought and sold over a hundred homes and is a licensed Realtor with Keller Williams Spartanburg in “Upstate” South Carolina. Contact Rob Turchetta Boiling Springs Realtor.

4 Bedroom Home with Pool on Cul-de-Sac Reduced $10,000

Here is possibly the best home purchase deal in Boiling Springs right now.

The facts:

4 Bedrooms, 2 Full Baths

Large Recreation Room

Cul-de-Sac Location

In-ground Swimming Pool with Brand New Liner

Freshly Remodeled and Painted, ready to move in

Excellent Location off Old Furnace Road in Boiling Springs

Price:  Just reduced $10,000 to only $119,900

Qualifies for 100% Government Financing!

The best deals sell the fastest and this bargain will not be an exception. If you know of anyone looking for a home with equity built into it do them a favor and let them know about this one.  It will sell soon at this price.

South Carolina State Housing Authority 2010 Program

The South Carolina State Housing Authority will be announcing a new program that they are starting on March 3rd called …”PALMETTO HERO”…READ BELOW FOR INFO:

TEACHERS – POLICE OFFICERS – CORRECTIONAL OFFICERS – FIRE FIGHTERS AND EMS

Here are the highlights of the lending program:

$7,000 REPAYABLE DPA (down payment assistance) AVAILABLE for Category I

$7,000 FORGIVABLE DPA AVAILABLE for Category II

5.125 % FIXED RATE for both Categories

$40 MILLION OF FUNDS WILL BE AVAILABLE

If you know of anyone that you think may benefit from this new government loan program, have them give me a call and I will get them started.  While $40 million dollars might sound like a lot it is amazing how fast these monies tend to go.

Keller Williams Continues to Grow Despite Falling Agent Numbers

Keller Williams Realty has carved out a unique niche in the competitive real estate market of Greenville, Spartanburg, and Boiling Springs.  It’s God first hierarchy of priorities has attracted agents from across SC and NC while agents in general are leaving the industry for greener pastures.  All 100% commission sales positions can be difficult and without the right on-going training and support all agents can feel overwhelmed  from time to time.

This is what sets Keller Williams apart from their core competitors.  A commitment to helping agents succeed.  If you have ever driven down the road and saw a “career night” sign out in front of a real estate agency week after week the normal question is “Why is there always an opening there?”.

This link will show you the change in the number of agents in SC and NC by company.  In an industry that is losing agents in droves, many agents are finding a home at Keller Williams.

FREE Homebuyer’s Seminar in Boiling Springs

One of my preferred Lending Professionals is holding a home buying seminar right here in Boiling Springs at the library on Double Bridge Road.  The First Time Home Buyer and the Existing Home Buyer Tax Credits are set to expire on April 30, 2010.

The word on the street is that they will not be extended again this time.  Interest rates are set to start rising at the end of March about a half a point and about 1.5 points by the end of this year.  The current LOW interest rates and the unique tax credits available make NOW the best time to buy a personal residence since most people can ever remember.  The tax credit expiration rush is just beginning now and if it is anything like the buying rush we had in October of 2009 the best deals will sell the fastest.

The take away from all this is that if you know of anyone who is considering buying a home make sure they know the facts and trends.  My business is based on referrals from satisfied clients because I tell it the way it is and then do my best to for them.  Of course you only want to send your friends and family to people you can trust.  I work hard to be that person.

Here is Joyce Smith’s invitation for her Home Buying Seminar:

Have you always dreamed of owning your very own home, but you aren’t sure about your credit record?

No worries!  We are offering a FREE Homebuyer’s Seminar that is totally focused on finding hope and professional direction to be able to own your own home and experience the American Dream!

There will be TWO seminars available for you to attend!

Tuesday, March 9, 2010 – 6 to 8 PM – Boiling Springs Library

871 Double Bridge Rd, Boiling Springs

OR

Thursday, April 1, 2010 – 6 to 8 PM – Spartanburg Library: Main Branch

151 South Church Street, Spartanburg

Seating is LIMITED so call Rob Turchetta at 864-583-1995 to reserve your seat!

We look forward to seeing you there!

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.

Finding and Buying Foreclosed and Distressed Real Estate

I’ve been asked a lot lately about buying Spartanburg foreclosures and Boiling Springs foreclosures. Was there an infomercial running on late night tv recently that I missed? I did hear one on the radio how you can get a 4 bedroom 2.5 bath house with over 2,500 square feet for only $3,500 US dollars! Wow what a deal. I’ll take a few of those thank you!

That last ad was in reference to local county tax auctions by the way. Anyway, the Boiling Springs and Spartanburg area has recently been listed as the #2 real estate market in the country. However, as stable as our housing market has been that is not to say there isn’t a deal to be had now and then. Below is a re-post of a foreclosure report I wrote about 2 years ago that is just as valid today as it was then.

One truth to real estate is that the best deals sell the fastest. What appears to be a great deal to you probably appears to be a great deal to somebody else as well. Will “somebody else” get to that deal before you do? Read more..

Red Fox Farms Subdivision Home

(UPDATE:  This home was sold in 2 weeks after being listed for 6 months with a large national Realty company)

 

If you don’t live in the Upstate of South Carolina you just might not know what you are missing.  Mild seasonal climates. Light snow falls maybe 1 to 3 times a year.  Extended fall and spring seasons with only the lightest of jackets needed.  That is until you get spoiled like us!

Even our housing is enviable to many across our great nation.  With very low taxes for owner occupied homes and low prices to match.  Take this home for instance:  3 bedroom 2.5 bath home with larger bonus room, over 2,400 SF for only $149,900.  This is not a foreclosure!  This is a move in ready home.  Freshly painted walls, new carpet, counter tops, and appliances.  Just unload the boxes out of the truck and most of the work is done with this home. Read more..

Keller Williams Realty named #1 Real Estate Franchise

This company really is great and the Spartanburg / Boiling Springs Keller Williams office is no exception.  Our God first culture and approach to business is the reason why we are also ranked #1 in buyer satisfaction.  If you are looking to buy or sell real estate you owe it to yourself to at least consider Keller Williams.

If you ever thought about becoming licensed and want to work with one of the best give me a call and I will be happy to talk to you.

Here is the press release.

Keller Williams Realty Ranked as Top Real Estate Franchise by Industry Leader and Entrepreneur Magazine

AUSTIN, TEXAS (December 21, 2009) — Keller Williams Realty joined the ranks of the top franchises in the world Read more..

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