Get the $8000 Tax Credit at Closing?

It sounds so simple. There’s an $8000 tax credit offered to first time home buyers if they purchase a home and close on it before November 30. Why not make it available to home owners prior to closing so they can use the money for their down payment or closing costs? If folks are qualified for a loan but have no cash to put down, and the government has promised to give them $8000 after closing, why not give the buyers access to the money so they can actually buy a house?

Crowfield Appreciation Day Saturday, April 18

Bring your family over to the Carolina One Real Estate office in Crowfield Plantation tomorrow, April 18, at 11 a.m. for Crowfield Appreciation Day.

Crowfield residents as well as all of Goose Creek are invited to enjoy fun, food and local vendors.  Bring your old files and papers with you too, as Shred-it will be there from 11-2 and all shredding will be FREE…with a donation of a non-perishable food item for Helping Hands of Goose Creek.

Lower Mortgage Rates = More Purchase Power

Buyers today are looking for one thing: A DEAL. While President Obama’s $8000 tax credit for first-time home buyers has caused some buyers to go ahead and buy, many buyers are still waiting for “the bottom” of the market to hit before they make their move.

Enter rock-bottom mortgage rates. This week we saw rates fall below 5% for 30-year fixed mortgages. Should that get buyers moving? Absolutely. If they understand what it means. Let me explain.