Did You Know Columbia is Home To A Huge Army Base?

Close to Fort Jackson is the neighborhood, Woodcreek Farms, a golf community of over 2,300 acres and surrounded by nature, shopping and amenities.  With affordable homes, gated communities within in the vast community, many folks relocate to become part of this great location within the Columbia area. 

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

Fourth of July Events in Columbia, SC

Doesn’t Our Country Look Good in Red, White and Blue? COLUMBIA FIREFLIES:   Catch the Fireflies at Spirit Communications Park from Friday, June 30 through Monday, July 3, as they square off against the Rome Braves. Will there be fireworks? Heck yeah – Friday, Saturday and Monday nights.   1640 Freed St. LEXINGTON BLOWFISH:  … Continue reading Fourth of July Events in Columbia, SC

Do You Know the Cost of NOT Owning Your Home?

With Rents continuing to climb and interest rates staying low, many renters find themselves gazing over the homeownership fence and wondering if the grass really is greener. Leaving aside, for the moment, the difficulties of saving for a down payment, let’s focus on the monthly expenses of owning a home: it turns out that renters currently paying the median rent in many markets could afford to buy a higher-quality property than the typical (read: median-valued) home without increasing their monthly expenses.”

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.