Want to Keep up with the Joneses? Now’s the Time

Market conditions around the country have presented an opportunity like no other for those who are looking to make the jump to a premium or luxury home.

The National Association of Realtors reports that national inventory levels

The Importance of Home Equity in Retirement Planning

We often discuss the difference in family wealth between homeowner households and renter households. Much of that difference is the result of the equity buildup that homeowners experience over the time that they own their home. In a report recently released by the nonpartisan Employee Benefit Research Institute (EBRI), they reveal how valuable equity can… Continue reading The Importance of Home Equity in Retirement Planning

Buying a Home? Do You Know the Lingo?

Down Payment – This is a portion of the cost of your home that you pay upfront to secure the purchase of the property. Down payments are typically 3 to 20% of the purchase price of the home. There are zero-down programs available through VA loans for Veterans, as well as USDA loans for rural areas of the country. Eighty percent of first-time buyers put less than 20% down last month.

152 Sanibel Circle- Columbia SC

During the mid-1960’s, Arcadia Lakes, devised a zoning map, which includes two residential areas and one light commercial section. The map was amended later to allow Planned unit Developments, such as the Commons, on large undeveloped tracts.