Archive for the ‘Gibbs Real Estate’ Tag

3412 Hinbet Drive, West Columbia, SC 29169   Leave a comment

3412 Hinbet Drive, West Columbia, SC 29169

Property Details

Price: $542,900
MLS #: 384199
County: Lexington
Property Type: Residential, Single Family Home
Beds: 5 Baths: 3 Half Baths: 1
Lot Size: .54
Square Feet: 4,048
Best or Possible Use: Residential

Description:

Put this one at the top of your list. Owner is willing to look at all reasonable offers. Must sell. All brick beauty and all custom built. Some many upgrades to list like Hardwood, tile, granite and a wonderful flowing floorplan with huge rooms to grow your family. This is a must see,

Features:

  • All Brick
  • Huge Home
  • Master Suite
  • Heavy Mouldings
  • Trey Ceilings
  • Granite
  • Hardwoods
  • Upgrades
  • 3 Car Garage
  • Great Location
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Lexington SC Interest Rate   Leave a comment

Wednesday, June 12, 2013

Market confusion and uncertainty continue to play out in the financial markets. Yesterday stock indexes fell and the treasury and mortgage markets improved, this morning the stock indexes better and treasuries under some pressure. With increasing concerns that the Fed will begin tapering its easing’s and mixed economic outlooks based on data that hasn’t shown much growth, investors are still being “forced” into equity markets as the Fed continues to keep interest rates so low there is nowhere else to go. The bond and mortgage markets feeling the pain as rates increase, however it was inevitable rates would increase, they really could not go lower from levels seen earlier this year.

The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA increased to 3.81%, the highest rate since April 2012, from 3.76%, with points decreasing to 0.26 from 0.32 (including the origination fee) for 80% loans.
The average contract interest rate for 15-year fixed-rate mortgages increased to 3.32%, the highest rate since April 2012, from 3.23%, with points remaining unchanged at 0.38 (including the origination fee) for 80% loans.
The average contract interest rate for 5/1 ARMs increased to 2.78%, the highest rate since June 2012, from 2.76%, with points decreasing to 0.30 from 0.41 (including the origination fee) for 80% loans.

Find more good stuff at ChipJefferson.com

INFO THAT HITS US WHERE WE LIVE   Leave a comment

 Market Update

QUOTE OF THE WEEK… “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel”–Maya Angelou, American author and poet

INFO THAT HITS US WHERE WE LIVE… People who are putting their homes on the market appear to be feeling pretty good these days. An online real estate portal reports that the asking prices of homes listed with them were up 5.9% in January from a year ago, in 86 of the 100 largest metros. Those asking prices grew by a seasonally adjusted 0.9% from December, the largest month-over-month boost since March last year.

Housing experts are feeling pretty good too. The chairman of the S&P Dow Jones index committee said, “housing is clearly recovering,” citing November’s healthy new and existing homes sales. The National Association of Realtors chief economist predicted,”Job creation and household formation will likely fuel growth. Both sales and prices will again be higher in 2013.” (CORRECTION: A keen Inside Lending reader pointed out Ayn Rand’s first name was misspelled following her quote in last week’s edition. We’re sorry for the typo and apologize to Rand fans.)

BUSINESS TIP OF THE WEEK… Don’t get sidetracked before you reach your goal. When you’re stuck, going out for a walk is a great way to clear your mind and get back on track.

>> Review of Last Week

ONE DOWN, TWO UP… The Dow had a seesaw 5 days–down 130, up 99, up 7, down 42, up 49–to end the week down a mere 0.1%, just below last week’s 14,000 threshold. Butthe S&P 500 headed north and is now up for the first six weeks of the new year, which has not happened since 1971! The Nasdaq also registered a gain, making another healthy start to the year. Friday, investors were buoyed as the U.S. trade deficit came in down almost 21% in December, its biggest drop in four years, thanks to rising exports and a decline in imports.

Earlier in the week, the ISM Services index was down for January but showed expansion for the 37th month in a row. Best of all, the ISM Services employment sub-index rose again, hitting its best reading since February 2006. Employment expansion is especially good for the economy in the services sector, since it provides well over 80% of U.S. jobs. On the down side, Productivity fell at a 2% annual rate in Q4, not too cool. But new weekly jobless claims were down by 5,000, to 366,000, another sign of labor market improvement.

Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.

Homeowners facing foreclosure in Lexington South Carolina will find a brief respite   Leave a comment

Homeowners facing foreclosure in Lexington South Carolina will find a brief respite during this year’s holiday season. Both Freddie Mac andFannie Mae have announced that they will pause on evicting families from their homes so that they can spend a few days not worrying about the future and focus on family.

Freddie Mac will suspend eviction activity on foreclosed single-family and two to four unit properties from December 19, 2012 through January 2, 2013. Fannie Mae will halt eviction activity from December 17, 2012 through January 2, 2012.

Legal proceedings in regards to the foreclosures will still continue, but families will be able to remain physically in their homes for a couple of weeks during the end of the year.

“We’re taking this step in support of families who have faced financial challenges and gone through a foreclosure,” said Terry Edwards, executive vice-president of credit portfolio management for Fannie Mae in a statement. “The holidays are a chance to be with loved ones and we want to relieve some stress at this time of year. We encourage homeowners having difficulty to reach out for help as soon as possible.”

This stay on evictions is separate from the 90-day suspension issued to Hurricane Sandy survivors. They have until February 1, 2013 to find an alternative housing solution.

“We are instructing our foreclosure attorneys to suspend pending eviction lockouts on foreclosed homes in order to provide a greater measure of certainty to families during the holiday season,” said Tracy Mooney, Senior Vice President of Servicing and REO at Freddie Mac in a statement.

Kudos to both! Chip Jefferson

Pelion Foreclosed homes for sale   Leave a comment

Details Photo Gallery View Rooms
29123-Pelion (Unnamed Areas) MLS #318771 FOR SALE
$144,450 160500

 

Gibbs Real Estate
Chip Jefferson
Email Chip


Work: 803-808-1260
Cell: 803-360-0491
Fax: 803-808-1264


More Photos(13)

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Details
Address: 571 Main Street Type: Residential Style: Single Story Bedrooms: 3 Bathrooms: 2 Suite: No Living Area: 2,042 square feet Year Built: 0
More Details

Description
Saddle up the ponies on this great property. Charming home with worshop, garage and horse stables. Good size pasture fenced in. HUGE yard and a great location.Case number 461-459282 SIGN IN sheet on kitchen counter. Buyer Agent to verify all information for accuracy and is responsible for all entry after contract acceptance. Utility activation & de winterization costs are buyer expense year round.Seller will not pay deed stamps. Buyer responsible for rekeying the property at closing.
More Description

 

Brokered and Advertised by Gibbs Real Estate LID 65746369
Information is deemed to be correct but not guaranteed.

Columbia SC Bank Foreclosures & Government Foreclosed Houses, Federal Homes, Distressed Properties, and Commercial Foreclosures are all at your fingertips with Chipjefferson.com. All foreclosures, HUD, VA, and other government property home lists and listings are represented. Gibbs Realty along with Chip Jefferson are the top agency in South Carolina handling Foreclosed homes and Bank owned properties throughout the Midlands of South Carolina. Specializing in Columbia, West Columbia, Irmo, Chapin, Gaston, Pelion, Lexington, Lake Murray, Gilbert, White Knoll, Northeast Columbia and all the outlying counties of Midlands South Carolina. Gibbs Realty and its agents are specially trained to handle selling or buying of Bank Owned and Government home properties and Commercial Real Estate.

Lexington SC Foreclosure   Leave a comment

Details Photo Gallery View Rooms
29072-Lexington (Cobblestone Farms) FOR SALE
$163,800

Gibbs Real Estate
Chip Jefferson
Email Chip


Work: 803-808-1260
Cell: 803-360-0491
Fax: 803-808-1264


More Photos(15)
IMG_0004


Quick Links
Virtual Tour Request More Info Email Listing More Photos(15)


Details
Address: 160 Flagstone Court Type: Residential Style: 2 Story Bedrooms: 4 Bathrooms: 2 Suite: No Living Area: 2,557 square feet Year Built: 0
More Details

Description
Great area and a great home. Private Master bath with sunken sitting area. So much more and too much to list. SIGN IN sheet on kitchen counter. Buyer Agent to verify all information for accuracy and is responsible for all entry after contract acceptance. Utility activation & de winterization costs are buyer expense year round.Seller will not pay deed stamps. Buyer responsible for rekeying the property at closing.
More Description

Brokered and Advertised by Gibbs Real Estate LID 66686351
Information is deemed to be correct but not guaranteed.

 

Columbia SC Bank Foreclosures & Government Foreclosed Houses, Federal Homes, Distressed Properties, and Commercial Foreclosures are all at your fingertips with Chipjefferson.com. All foreclosures, HUD, VA, and other government property home lists and listings are represented. Gibbs Realty along with Chip Jefferson are the top agency in South Carolina handling Foreclosed homes and Bank owned properties throughout the Midlands of South Carolina. Specializing in Columbia, West Columbia, Irmo, Chapin, Gaston, Pelion, Lexington, Lake Murray, Gilbert, White Knoll, Northeast Columbia and all the outlying counties of Midlands South Carolina. Gibbs Realty and its agents are specially trained to handle selling or buying of Bank Owned and Government home properties and Commercial Real Estate.

Buying a home In Lexington SC   Leave a comment

Congratulations!  You have decided to purchase a home, or are thinking about buying one.  You’ll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family.  When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours.  Over time, your home will increase in value.

In the following reports, you’ll find the information you need to make a wise buying decision.  We’ll take you through the planning process step-by-step , to help you determine which home is right for you.  You’ll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving.

Please contact me if you have any questions about buying a home in LEXINGTON or elsewhere in South Carolina.

Below, select desired reports and complete the form provided.

Buying Your First Home
Many renters are starting to think about purchasing a home of their own. This article highlights several factors that should be considered when purchasing a home.
The Right Home at the Right Price
This article helps you become a savvy buyer, by pointing out some of the pitfalls inherent in the home-buying process.
Avoid Common Buyer Errors
Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase.
But Do You Need It
Buying a home can be an emotional, time-consuming, and complex process. There are a few things that you can do to help make the process go as smooth as possible.