Below find rates from our friends at BBT…The perfect storm rages on in the mortgage world and on the real estate buying front. Of course we would direct you to visit www.EagleRealtySC.com to start your home finding process, but more so, we would love to hear from you to see if its the right time for you to list or buy a property. I had a listing inquiry yesterday and to be honest, it just was not the right time for that client to list her property right now and i was honest in that fact. Trust an Eagle Expert today to assess your current real estate needs!
Superbowl Weekend = Super Rates!
Weekly Range of Rates
30 Year Conforming Fixed Rate Purchase: 4.875%
15 Year Conforming Fixed Rate Purchase: 4.250%
30 Year Jumbo* Fixed Rate Purchase: 5.625%
15 Year Jumbo* Fixed Rate Purchase: 5.000%
10 Year Jumbo* ARM Rate: 4.875%
Construction/Permanent Conforming Rates: 4.625%
Construction/Permanent Jumbo* Rates: 5.000%
*Jumbo loans are greater than $417,000
Rates subject to change
Client must qualify based on income, credit and program guidelines
Rates quoted with no origination/no points, client can elect to buy the rate down
All rates are quoted including escrows; rate may increase if client elects to waive escrows
Mortgage Time
Mortgage Market News for the week ending February 5, 2010
Compliments of
Michael Himmelrick
BB&T
Mortgage Loan Officer
PHONE:
(843) 652-5006
FAX:
(843) 626-9542
www.bbt.com/mlo/mhimmelrick
mhimmelrick@bbandt.com
656 Sunnyside Avenue
Great Units, 1 1st floor and 1 2nd floor in Crow Creek, Brunswick County. Fully Furnished, possible discount on a package deal for both units! (click on image for video tour)
Great Price to get into a great neighborhood…barely lived in, open floor plan and screen porch! The lakes at Colonial Charters is so peaceful, you won’t want to pass this deal up! Eagle Realty on Pace for 1,000+ Followers Today! Are You One of them??
If you have paid any attention to our Twitter updates from Eagle Realty ( www.Twitter.com/EagleRealtySC.com ) you should know the answer to that question. Let’s see…rain outside, don’t want to get wet, need to find some real estate… the perfect solution www.EagleRealtySC.com . Foreclosure searches, Featured Listings, MLS listings for Horry county, myrtle beach and surrounding areas…its great! The warm, cozy comfort of your home, and the local expert service of an Eagle Realty expert. While your at the site, enjoy a BLOG or 2, check out some golf courses on GSGA…just so much to do.
There is 1 other thing rainy days are good for…watching KY Wildcats @ 7pm on Super Tuesday on ESPN! Go Cats!
” 2010 Inventory Takes Off, Inventory Right For Buyers Market, and Feb 2010 Pendings on the Rise …New Tax Credit Advantages For All Extended, Don’t wait!!!”
Data Above Is A Representation of New Lisitngs and Sold Listings for the Month of January Only
For a Full Copy of the newsletter Click on the link below:
I was that time of year again…the annual Eagle Realty Awards breakfast. A tradition and rewarding time for me the owner to be honest, to recognize my agents for their achievements, give a look back to 2009 briefly, and re-focus ahead to the new year, 2010. Running ahead of the curve technology wise is a staple in our 2010 “diet” and we are full stride in gaining momentum as the leading independent on the carolina(s) coast (both North and South) And the winners are:
2009 Top Listing Agent – Rodney Prince
Top Sales & Listing Agent 2009
2009 Top Sales Agent (gross volume) – Rodney Prince
2009 Eagle Essence Award – John Rakoci
Eagle Essence Award 2009
This year, 2010, we will be introducing a new award in addition to those above, Most Transaction Sides, so we look forward to having a higher transaction average per agent as we grow as the leading experts in real estate in north myrtle beach and surrounding communities.
I am forever grateful for my committed agents that make this company great, Eagle Realty sais thank you!
We find a good chunk of our day can be consumed with updates, looking for ways to promote to others, and interacting with others (kind of the point of “social” networking) We have to be careful. Now, luckily most of those platforms on those 4 major sites have the ability to share updates and info with one another. Like i can post a blog or update and it will auto post to the others. Or i can upload a video to YouTube and have it auto-post to my facebook, etc, etc. Plus now software tools for adding Twitter followers, and facebook advertising for getting more fans and friends are available…but to keep cost low you could do the old fashion way.
The thing though we are learning is to block scheduled time during the day for social media. Then re-focus some energy in the evening after daytiem business hours. Your gonna catch more people anyway for “socializing” and to be honest, your day hours at the office in real estate are too important to get caught up in hours of updates! LOL
Crow Creek in Brunswick County is quickly becoming a premier community. This 2nd floor unit, the larger style 3BR/2BA is perfect for you and at a greatprice! Tennis, Pools, and great golf make this a must buy on your list! Hurry and grab this deal!
Plus 1st floor unit just like it for sale $185,000 (buy both for a discount!!)
Crow Creek in Brunswick County is quickly becoming a premier community. This 2nd floor unit, the larger style 3BR/2BA is perfect for you and at a greatprice! Tennis, Pools, and great golf make this a must buy on your list! Hurry and grab this deal!
Plus 1st floor unit just like it for sale $185,000 (buy both for a discount!!)
Ever just thank God for Tuesday after that “kind” of Monday? Well, we do. Let me start off by saying that if you haven’t taken a look at mortgage rates in a while, you might want to…they have dropped slightly compared to recent weeks, and again are creating the “perfect storm” environment. And when I say storm, that is meant to be a good thing, because YOU my friend become the hurricane!
Here are the perfect storm elements:
1. Low Prices – don’t know if you have noticed the bottom prices on properties EVERYWHERE in the country including the north myrtle beach area! Foreclosures and short-sales we have a plenty!
2. Mortgage Rates Low – As i stated we have loan rates we have spotted under 5%. For you young guns like me, THATS HISTORICALLY LOW! Which only leaves one way for them to go…up.
3. Government Incentive – And this my friends is why the “perfect real estate storm” is so rare. Uncle Sam is giving you money to buy homes…seriously…the extension and expansion of the home buyer tax credit is still available. $8000 for first time buyers (talking to you renters throwing money away) and $6500 for move up buyers (you who need to sell, call Eagle to sell or make your price low enough to raw interest and make up on the other end when you buy something because you will get a deal i promise you!)
THE PERFECT Real Estate BUYER STORM – Become one today!
So i am not going to hide that this Monday has been, well just not all it could be. From lost financial documents, to computer and printer problems, to slow phones, and tax preparation…i mean come on, really?
I know where i find my peace and joy, I hope you know Him too, but some days just try to make you break I am afraid.
We had 2 more closing delays ( I am sure all my Realtor friends know how that feels). Plus waiting on answers to some pending offers. In our local market, being the winter season Inventory and listings are slow to pick up, especially ones that are priced right to sell, but they are coming.
About the only saving grace right now is the Sun came out after a cloudy morning to wake up to…a ray of HOPE some to say. And with it a new perspective of how miniscule my problems are compared to those around the world and my brothers and sisters in places like Haiti….I guess it is not that bad of Monday here after all. To give to Haiti visit www.gvcm.org or www.worldvision.org
Here is an Updated Foreclosure/Short-Sale List of new properties listed within the past 30 days!! Feel free to forward this list to any friends and family (a referral is the greatest compliment we can receive). For a more detailed list of specific property criteria, email us for a free list of only properties you want to see. CLICK HERE FOR FORECLOSURE LIST!
NEW Short-Sale!!! Great Buy!!
508 #4 Blythewood Dr, Bellacroft
Low Priced – Must Sell!!
MLS# 923178
Sales Price:$ 199,000
Bedrooms:# 3
Baths:# 3
Sq.ft:# 1800!!
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