Down Payment Assistance for Teachers, Police Officers, EMS, Correctional, and Firefighter

The State Housing Finance and Development Authority has announced an allotment of about $40 million to assist teachers, police officers, fire fighters, and first responders with buying a home. This program, known as Palmetto Heroes, will offer down payment assistance and/or low interest mortgages to first time buyers that are either; teachers, firefighters, police officers, correctional officers, and EMS workers who fall within specific income criteria.

Buyers will apply for this product as they would any home mortgage, but the funding for the loans will come from bonds the SC State Housing has liqui...

Financing Options to Invest in Land in South Carolina

Why to consider buying land now

It seems that everyone is waiting for the infamous “Real Estate Crisis” to end before they jump into an investment.  But land is plentiful and there are all kinds of investment opportunities waiting.  It’s evident that the banks are a little skeptical about lending money but there are other avenues to explore when looking for cheap land for sale in South Carolina.

Lots for Sale in South Carolina

Residential developers in South Carolina are working to unload inventory so that they can move into other projects.  While financial institutions are not lending there are other opportunities for owner financ...

Determining Closing Costs as a Seller

Determining closing costs for a seller in a real estate transaction is pretty simple.  We sell an abundance of raw land for sale in South Carolina so the closing costs are much easier to figure out. Mainly, because utility bills and insurance aren’t included in the transaction.  Probably the most confusing variable is the property tax.

Taxes. In South Carolina, the seller pays the buyer for the prorated taxes and in return the buyer is responsible for the entire bill at the end of the year.  In other words, if your annual tax bill is $365 per year and you close on January 5th (the 5th day of the year) then you, as the seller, will pay the buyer $5 for...

Property of the Week - Week 5

Eastover Acreage | Columbia SC Acreage

PENDING/SOLD

This week's property is a 16-acre tract located between Columbia and Sumter in the town of Eastover, SC. This privately held property has expansive usable space and level topography. 16 acres has become an ideal and desirable size for land hunters looking for an affordable property. Located near Shaw Air Force Base, McEntire Air National Guard, and Fort Jackson this 16+/- acre tract has endless investment possibilities.  It is located about 1.5 hours to Myrtle Beach, Charleston, and Hilton Head South Carolina and 2.5 Hours to the NC Blue Ridge Mountains and 1.5 hours Charlotte, NC.  The seller has...