Greenville SC Residential Real Estate Market Conditions Statistics, Properties, Listings and Homes for Sale – June 2009

Author:  |  Category: Real Estate

Greenville SC Residential Real Estate Market Conditions Statistics, Properties, Listings and Homes for Sale – June 2009. Includes such cities as Simpsonville, Taylors, Mauldin, Fountain Inn, Travelers Rest, and more.

 

 

Greater Greenville real estate market saw an increase in sales again for the months of June. Inventory level has also gone down slightly compared to the month on May.

For the month of June, there were 673 (583 for May) residential listings sold, at an average sold price of $170,785. Total sold volume was $114,938,281, and the median sold price was $139,000. Average days on market for the month of June was 107 days.

Year to date, between January 1st – June 30th 2009, there were 3115 residential listings sold, at a total volume of $518,009,071. The average sold price was $166,295, and median sold price was $139,400. Average days on market was 102 days.

As of July 10th, 2009, there were 7062 (7175 for same time in June) residential listings Active in the Greater Greenville MLS. Average list price was $270,756, Total volume was $1,912,078,161, and the median list price was $190,000. The average days on market for these active listings was 149 days.

Please keep in mind that this report may not include all sales like For Sale By Owners, and new construction homes brokered by MLS member firms. Stats were gathered from Greater Greenville Association of Realtors.

 

Feel free to contact me at any time for an update on your neighborhood, or for your Greenville, Simpsonville, and Upstate real estate needs.

 

 

 

As your Simpsonville SC and Greater Greenville residential Realtor, I am committed to staying up to date with local information, education, and technology. My intention is to be an invaluable real estate resource. So, whether you are buying or selling real estate in Simpsonville SC, Greenville SC, Greer SC, Easley SC, Mauldin SC, Fountain Inn SC, Pickens, Powdersville, Taylors, or other Upstate SC areas, I have the tools, knowledge, experience, and resources necessary to make your experience an enjoyable and successful one. I can also help you avoid foreclosure, find Foreclosures and Short sale Properties, listings and Homes for Sale. Call me at 864-525-0201 so we can discuss how I can help make your next real estate transaction a success.

Condominium Association Fees – Added Expense or Benefit

Author:  |  Category: Condominium

Purchasing a home is without a doubt the most exciting thing that can happen to anyone. It is the single largest purchase you will make in your life. Many people chose to purchase homes because they are tired of paying someone else’s mortgage by paying rent each month.
There are a lot of people who want to take the plunge and purchase a home but they are afraid of what it entails. They may feel like they are biting off more then they can chew. Along with the mortgage payments, there will be repair bills, on top of the monthly bills, upkeep on the home and property, and if you live in an area where there is inclement weather, there will be snow removal, and seasonal clean up. It is enough to scare anyone into staying a renter.
It does not have to be like that; many people choose to purchase a condominium as their first home to find out if it is really what they want. There are many benefits to purchasing a condo, the greatest being that you will not have to do any of the outside maintenance on the property.
When you purchase a condo, there will be a monthly fee to the condominium association. This fee is different from your mortgage; it is a fee that each community charges each condo owner.
You may think that the association fee is just an added charge that is not needed, however when you stop and think about what it covers, you may change your mind about the added expense.
Condo association fees cover every type of maintenance emergency that comes up. This can be very cost effective if a roof needs to be replaced. The owner does not incur any of the expense. This makes the association fees very reasonable.
The association fees also cover any snow removal and upkeep of the outside property, meaning that the owner does not have to shovel snow or rake leaves.
There are many benefits to purchasing a condo.
Starter home – condominiums make an excellent starter home. You are able to upgrade the inside to whatever you want, and when you make your payments on time, you are building your credit rating so when you are ready to sell, you will receive a better interest rate.
Amenities – They have great amenities, whether it is a pool, fitness center or both, you will spend countless hours with friends and family.
Parking – most properties offer off street parking, this is a great benefit if the area has limited or no parking at all.
Real Estate investing – Condos are an excellent real estate investment. Purchasing a condo and renovating it can turn a huge profit for investment companies.
Many regions of the United States offer excellent condo communities, however there are a few outstanding areas that are being sought after more and more. Morgantown West Virginia Real Estate Condos and Apartments is one of these communities. The incredible view and the diversity of the city make this community one of the most up and coming condo communities in the country today.

Rowlett Homes for Sale – Finding Rowlett Homes for Sale

Author:  |  Category: Finance

Searching for Rowlett homes for sale can be a rewarding, but challenging experience.During your hunt, you will see that there are tons homes to pick from in Rowlett. The goal of this article is to help guide you in your search for homes in Rowlett.Things to Take into account when Searching for Rowlett Homes for Sale Analyze your finances When you decide to get a new house, it is essential to understand how much you have allocated for the purchase of the home. Furthermore, it is equally important for you to stay within a range of your budget during your search. Remember there will be other costs, like closing costs, insurance, and interest that many do not think about. Finally, you should think about all other financial matters in mind when it comes to finding Rowlett homes for sale. Location of the Rowlett homes for sale The price of your Rowlett homes for sale is set mainly from the location of the house. It will also be the prime factor for how happy you are with your house over the long term. So, take your budget and start looking into areas of Rowlett that you think you may desire to live. Don’t fret if you have trouble finding the house you are looking for in Rowlett. If that happens, then you need to decide between your ideal home and the ideal neighborhood. Looking for a Rowlett home for sale is a task that should be taken with some caution. But, if you exercise fiscal responsibility and patience then you have a good chance finding the home of your dreams in Rowlett.

Homes for sale in panama

Author:  |  Category: Finance

As Panama is becoming one of the hottest tourist destinations of the globe, it has gained immense fame in terms of investment. Panama is known for its scenic beauty and pleasing climate so people are getting drawn towards this small piece of heaven on earth. Panama is located in Central America and shares its boundaries with North and South America. Panama is well-known for its fresh water sparkling beaches, apparent skies and abundant peaks which attract a lot of tourists and guests. As the number of tourists are increasing everyday, people from all over the world usually dream of possessing a home in Panama. It is dream come true for many, if they get a home in Panama where they can live contentedly and like the natural exquisiteness of the globe. There are several advantages that an individual actually enjoys if he has his own home in Panama. Firstly, apart form the awesome beauty, the price of staying in Panama is far cheaper as matched to other gorgeous countries of the world, moreover people feel comfortable to live here as locales in Panama are quite welcoming and climate is pleasant and peaceful. Due to its varied culture, people from any cultural background adjust effortlessly and quickly in Panama. As the economy is in the progressing stage and the nation is reasonably cheaper, people usually prefer to settle in this beautiful country. The assets rates are quite affordable and you are more than contented as you get more than expected for the price paid. There are several websites that help you to purchase a home in Panama and get the best contact. The online real estate agents offer you sale prices for homes in Panama. You also get a fine quantity of details concerning other properties on sale in Panama. You are also attentive about the rates of homes in other location in Panama, and you can choose a location that suits your budget. These online real estate agents give you all necessary and valid data about the homes that are for sale in this amazing country. Well there are certain tips to bear in mind while purchasing a home for sale in Panama. Initially all you need to check whether the home for sale in Panama is unused or second hand. You need to compare the rates offered by other online property dealers for the same location. If it is second hand you should know if the home offered for sale is not restricted by official matters. The property dealer should also have all the necessary official papers in hand so that there are no problems while the deal is being finalized. You should also ask for tax benefits or tax redemptions if you are a foreigner investing in home for sale in Panama. You should be alert of all official formalities while purchasing a home that is for sale in Panama, as your nations official procedures may vary with those in Panama. Well, if you get a good deal while purchasing a home that is on sale in Panama, then go for it and enjoy the pleasures of this beautiful country. Within amazing advantages and affordable prices for homes in Panama, it is definitely the best thing to invest in this profitable deal.

Are Condominium Association Fees Worth the Purchase

Author:  |  Category: Condominium

Purchasing a home is without a doubt the most exciting thing that can happen to anyone. It is the single largest purchase you will make in your life. Many people chose to purchase homes because they are tired of paying someone else’s mortgage by paying rent each month.
There are a lot of people who want to take the plunge and purchase a home but they are afraid of what it entails. They may feel like they are biting off more then they can chew. Along with the mortgage payments, there will be repair bills, on top of the monthly bills, upkeep on the home and property, and if you live in an area where there is inclement weather, there will be snow removal, and seasonal clean up. It is enough to scare anyone into staying a renter.
It does not have to be like that; many people choose to purchase a condominium as their first home to find out if it is really what they want. There are many benefits to purchasing a condo, the greatest being that you will not have to do any of the outside maintenance on the property.
When you purchase a condo, there will be a monthly fee to the condominium association. This fee is different from your mortgage; it is a fee that each community charges each condo owner.
You may think that the association fee is just an added charge that is not needed, however when you stop and think about what it covers, you may change your mind about the added expense.
Condo association fees cover every type of maintenance emergency that comes up. This can be very cost effective if a roof needs to be replaced. The owner does not incur any of the expense. This makes the association fees very reasonable.
The association fees also cover any snow removal and upkeep of the outside property, meaning that the owner does not have to shovel snow or rake leaves.
There are many benefits to purchasing a condo.
Starter home – condominiums make an excellent starter home. You are able to upgrade the inside to whatever you want, and when you make your payments on time, you are building your credit rating so when you are ready to sell, you will receive a better interest rate.
Amenities – They have great amenities, whether it is a pool, fitness center or both, you will spend countless hours with friends and family.
Parking – most properties offer off street parking, this is a great benefit if the area has limited or no parking at all.
Real Estate investing – Condos are an excellent real estate investment. Purchasing a condo and renovating it can turn a huge profit for investment companies.
Many regions of the United States offer excellent condo communities, however there are a few outstanding areas that are being sought after more and more. Morgantown West Virginia Real Estate Condos and Apartments is one of these communities. The incredible view and the diversity of the city make this community one of the most up and coming condo communities in the country today.

Huge Profits From Home Foreclosures: Myth or Reality

Author:  |  Category: Real Estate

There is always someone eager to uncover a different method of making tons of money with minimum work. Getting rich fast is the ultimate dream; and late night TV seems to tell us that the easy way to quick riches would be through investments in homes that have undergone foreclosure. On a daily basis, we see advertisements which offer to exemplify secrets in purchasing distressed properties, which will give you profits, within 48 hours. More advertisements inform us of foreclosed homes existing within the area at low purchase prices or how there are several troubled homeowners who are simply desperate to sell. Is there any truth to this? Can money be made easily by buying foreclosed properties?
Home foreclosure happens to be a process where homes are taken from buyers by somebody with liens against said property. Most lenders initiate this when buyers have not made any mortgage payments for extended periods. Lenders aren’t truly interested in taking houses back; they would rather have more cash. This will result in foreclosed houses being sold at auctions so lenders have the chance to recoup the investment.
Because of rising rates of interest and house prices, a lot of people find themselves with mortgages which they aren’t able to afford. However, are people truly letting go of houses at auctions for mere pennies? Is it possible to purchase foreclosed homes today to sell them in a week for big profits?
The truth is less exciting than advertisements let on. Here are several reasons why:
1. Auctions come with huge competitions. You are not going to be alone when you attend auctions of real estate. In fact, with such sky-high prices, there will be a lot of bidders since everybody hopes to save several dollars. Most hammer prices on these auctions are sure to be close, if not higher than, regular prices on the market. Competition happens to be fierce.
2. You need to instantly pay in full. If you purchase homes in auctions of real estate, you are expected to instantly pay in full. If you do not have liquid cash in six figures, this may not work for you.
3. Many properties are damaged. This is very common, and you might not get to fully inspect the damage or the property beforehand. Beware.
4. There might be issues with the title. It might or might not be a possibility to get clear titles when it comes to the property. The majority of professionals that purchase such property end up spending numerous hours on title research, placing dents within notions that part-time money can be made like this.
5. Think about the homeowner desperately trying to sell prior to the lender foreclosing on him. The market right now is quite lively. Nobody will sell properties at a third-off when it is possible to simply place for-sale signs on their front yard.
The thought of making a fortune doing this is lucrative for people that market related books. For everybody else, it would be a risk, expensive, time-consuming job.
The current real estate market represents a great time to buy real estate. It is a buyer’s market but to take advantage and realize the benefits of that buyers market a person actually has to purchase real estate. If you have ever thought about purchasing real estate for either investment or your own residence now is the time. The first thing you need to do is find a knowledgeable Realtor and explain your goals. Realtors are tuned into the market and can help you obtain financing if needed, find the right home and ensure you get a good deal on it. Happy hunting!

Purchase a High End Condominium for as Low as Php 10,000 / Month

Author:  |  Category: Condominium

 

Dear Sir/Madam,

 

We are cordially inviting you to own a piece of the next landmark in Ortigas Center – THE EXCHANGE REGENCY, a unique development in the field of prime luxury residential condominiums incorporating a design described as architecture in motion.

 

THE EXCHANGE REGENCY is soon to rise on one of the prime properties at the heart of Ortigas Center, where the Exchange Road, Meralco Avenue, and Jade Drive converge.

 

Guaranteed to endow you with the convenience of a home with the ambience of a hotel, the 42 storey premiere residential condominium gives you the following benefits:

 

·         Inspired by the symbol Infinity which, according to tradition, promises infinite prosperity and happiness to its owners.

·         One whole floor dedicated to luxury amenities such as infinity and kiddie pool, jacuzzi, sunken deck, fitness gym, sauna, game room, putting green jogging path, and function rooms.

·         Strategically located near the following establishments:

o        Hospital               :               The Medical City

o        Shopping Malls:                               Shangri-La, SM Megamall, The Podium

o        Schools               :               Poveda, La Salle Greenhills, St. Paul’s Pasig, University of Asia &

the Pacific, Xavier School, and ICA

o        Corp. Offices      :               Asian Development bank, San Miguel Corporation, Philippine

Stock Exchange

o        Leisure Center   :               Metrowalk,Citigolf,

 

In addition, the prime location of the condominium gives you breathtaking views of the Antipolo Hills, the Marikina Valley, the Makati Skyline, Laguna de Bay, and Manila Bay.

 

You have choices from a 1-Bedroom Unit, a 2-Bedroom Unit, a 1-Bedroom Loft, 2-Bedroom Loft, and 3-Bedroom Loft. We can also accommodate your request for a combination of units should you have a bigger space requirement. For as low as P1.5 Million, you can experience a new lifestyle of infinite possibilities that The Exchange Regency offers.

 

Take the first step into this lifestyle by visiting the most modern and state-of-the-art Nobleland Ventures, Inc. Showroom in Ortigas Center along Julia Vargas Avenue. Get a glimpse of our model unitsdesigned by world-reknowned interior designers. For more information, please feel free to contact the undersigned at number 0918 213 4681

Thank you very much.

 

 

Sincerely,

Ronalyn Bolledo

Property Specialist

 

Great Tips on How to Sell Homes

Author:  |  Category: Real Estate

So, you have decided to sell your home. It is on today’s market, you have a trusted agent of real estate – now what? You need to sell your home next. Here are several tips to benefit the potential selling and marketability of your house.
Normally, possible buyers will initially see the very front of the house. Therefore, the goal would be to make it highly attractive and very inviting. The first impression is vital. Making positive first impressions is even more vital. The key would be to ensure that everything looks clean and neat. Pull out weeds, cut the grass, plant flowers, trim the bushes, etc.
Ensure that your house is clean. This would include mopping floors, steam-cleaning carpets, dusting areas that are hard to reach and cleaning windows. Possible buyers will be picky and, because of this, they will inspect everything that they can.
Try to maintain neutral styles and colors. The key would be not to try and influence buyers with your personal style. Somebody may come in, see a black wall, and be instantly turned off. You should try and have them visualize their own colors. Keep things neutral to solve this predicament.
Check the lighting. Obviously, nobody wants to see homes that cannot be seen. Sadly, a lot of people overlook this. Check light bulbs and ensure that they work. Concern yourself especially with darker house areas which might need artificial lighting. This would include locations like bathrooms and the basement. It would also be a great idea to keep the curtains open. Basically, natural light is better.
If necessary, make repairs. This would include fresh coats of paint, fixing holes on the walls, etc. Your buyer needs to feel as if your home is taken care of to give you a big fat bonus.
Avoid clutter. It would be bad if buyers end up feeling boxed in. Try to keep clutter down. Get rid of unnecessary items like tons of accessories and pictures. The goal would be to have the house feel like home while keeping it organized and spacious. Buyers need to get a great sense of this space and visualize themselves in it.
Lastly, it would be essential to remember that these tips will not guarantee a sold home, but it will definitely help. Everybody is different, so other variables need to be considered. Your ultimate goal should be making your house feel inviting, so potential buyers can visualize it as theirs.
The current real estate market represents a great time to buy real estate. It is a buyer’s market but to take advantage and realize the benefits of that buyers market a person actually has to purchase real estate. If you have ever thought about purchasing real estate for either investment or your own residence now is the time. The first thing you need to do is find a knowledgeable Realtor and explain your goals. Realtors are tuned into the market and can help you obtain financing if needed, find the right home and ensure you get a good deal on it. Happy hunting!

Homes for Sale & Taxes — What a Seller Needs to Know

Author:  |  Category: Finance

In May of 1997, the tax code governing profit from the sale of a personal residence was changed. In the past, any gain from a home for sale could be taxed, unless rolled over into the purchase of a new home.

The new Internal Revenue Service rules are more advantageous to sellers of homes for sale. You can no longer roll a gain into the new home; however, not all gain is taxable as in the past.

Now, homes for sale have the first $250,000 of profit exempt from any taxes, if you are the owner and filing single status. If you file jointly with your spouse, your homes for sale gain is tax exempt up to $500,000 — this is a half-million dollars, tax-free profit. This means that if you purchased a home for $200,000, you could sell it for $450,000 as a single or $700,000 as a couple and incur no taxes on the profit.

There is, however, a time and resident test that must be met in order to receive this tax exemption for your homes for sale profit. You must have lived in the home for two out of the past five years in order to qualify for the tax exemption.

What If You Don’t Meet the Time & Resident Test

So, does that mean that if you do not meet the time and resident test you then owe taxes on all of the gain? Not necessarily.

The tax code allows for several specific exemptions to the time and resident test, when you must move due to certain qualifying events. Here are a few of those events:

• You must move due to the health of one of the residents in the home (your immediate family) or the health of a relative who is in your care.

• A death in your immediate family that incurs the move, such as a breadwinner dies and the spouse cannot afford to keep the home.

• Divorce that forces a move.

• The unemployment of a breadwinner (must be qualified for and receiving unemployment compensation) and cannot afford to keep the home.

• A new job that is 50 miles further away from the home than the current job. Otherwise, if you drove 20 miles to your current job, then the new job must be at least 70 miles from the home to qualify for an exemption.

• Your home was damaged from a natural or manmade disaster, and you were forced to sell it.

• Perhaps an act of war or terrorism has caused the move.

• Even the birth of twins, triplets and so on, made the current home for sale too small and impractical to keep.

IRS publication 523, “Selling Your Home”, covers many other unforeseen events that would qualify you for an exemption.

When you do not meet the time and resident test but qualify under one of the unforeseen event exemptions, you receive only a partial exemption for the gain on your home for sale. You will be taxed on a pro-rated amount of the gain, based upon how long you actually resided in the home.

If you lived there less than a year, then the profit from your home for sale is considered to be a short-term gain. This means, on the pro-rated amount you owe taxes, you will pay the same tax rate as you do on your 1040 income tax form.

If you have lived more than one year but less than two in your home for sale, the profit is considered to be a long-term gain. Rather than paying the generally higher income tax rate, most people are taxed at 15 percent. So, if you have lived in the home for less than one year, it is to your advantage to remain there until you pass the one-year time mark — if at all possible.

The changes in the tax code for profit on homes for sale is much easier now to calculate and typically are more advantageous to the seller now, than in the past. Of course before making any home selling decisions or plans, consult a Certified Public Accountant or other tax professional.

How To Find The Best Used Motor Homes For Sale

Author:  |  Category: Finance

Finding the right used motor home for sale has never been so easy. Millions of motor homes that are already used are out there lining on the parking lots, waiting for the right buyer. These used motor homes for sale come in different types and models. There are some that feature almost all of the luxuries of a perfect home, with complete amenities and facilities. There are also others that offer just the basic essentials for a wonderfully fun adventure trip. Whats more, these used motor homes for sale come in different sizes, thus there are some that are capable of occupying large families, and others are perfect only for a couple or a family of four.
Whatever your choice is, it is best to plan ahead of time to obtain better chances of experiencing the ultimate holiday trip on wheels youve never imagined before. But the question is how to prepare? What and where to start?
Well, to find the best used motor homes for sale, it is best to determine first your own objectives for the trip. Think about your real wants. Ask yourself some questions about what to take with you or what your basic needs are to make your buying experience a positive experience. Note that each of your needs will be different, so consider each and every thing in mind.
Once youve figured out your main objectives and needs, its time to search for the right vehicle. Go online. Surf the net and search for the best used motor homes for sale. Finding the best used motor homes for sale online is somehow puzzling, but with lots of choices out there, a room is still open for you to find the best one. Perhaps the key to finding the right used motor homes for sale online is to review all the features, advantages and disadvantages of each motor home type available for sale. Dont be blinded, however, with promising features, as you might be disappointed in the end if the vehicle you expect to possess the thing you are imagining turned out to be incapable of giving it. If possible, read reviews and ask for recommendations from your friends or from someone who owns a used motor home.
Once youve found the model you think is best, think about your budget. Note that used motor homes for sale are not inexpensive, although they are used. Their prices may even create a hole in your pocket, so better know what you can and cant afford. If it happens that the used motor homes for sale you are considering is highly expensive for your needs, then go back searching. Dont just lose hope, after all a number of choices are out there for you to choose from. If you want to find the best deal, then be ready to spend much time and effort during your search. Enough time and effort are what needed in a perfect search, after all.
If the search is over and the best model of used motor homes for sale is presented in front of you, then its now time to test drive it. Test driving is perhaps a great way to consider before buying. It allows you to determine whether the motor home you are considering is safe and comfortable to drive and live. Make sure that it is in perfect condition as its not a good idea to take a vehicle that turns out to be a lemon. Finally, think for comfort and safety. You may be traveling with your friends and family, so make sure that everything provided is safe and convenient for all of you.