"Homes for Our Heroes" Program Available!
Posted by Mike Ciucci on
South Carolina housing officials have $40 million to help teachers and first responders buy a home! The State Housing Finance and Development Authority announced that this program will offer down payment assistance and low interest mortgages to teachers, firefighters, police and correctional officers and EMS workers who meet income criteria.
Customers will apply for the loans just like they would any home mortgage, but the money for the loans will come from bonds the housing agency has sold.
Maximum income levels for borrowers vary depending on where a person lives and the number of people living in the home.
Police Officers - Borrower must be a full-time police officer with state or local government agency including correctional officers with the…
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It’s that time of year again for weekend excursions to Folly Beach. It also happens to be the time of year where we see increased activity for condo purchases on Folly Beach. I’d like to point out the different condo communities, in case anyone wanted to know each communities distance to the ocean, and what each condo community offers.
I just wanted to mention to all of you first-time homebuyers out there and others looking to take advantage of the tax credit. While there still is a little time left (59 days to get something under contract), I’m noticing something expected. A lot of the good homes are now being scooped up at an extraordinary rate. I was showing property to some first time homebuyers in Dunes West in Mount Pleasant, and in a couple of houses we saw other agents with buyers looking at the same houses we were. That hasn’t happened (like this) to me in quite some time. This is especially true in the $175-225K price range. A lot of the inventory of homes is being absorbed. Soon, the “stale bread” will be all that’s left. Make sure that if you want to take advantage…