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Greenville in Top Five

by Roger Nix Real Estate Team

In a recent Bloomberg Businessweek report, Greenville, SC has yet again made the top five, this time for being one of America's most fun, affordable cities. The information was taken from which cities offer affordable housing combined with a great nightlife.

According to the article, Greenville has 196 bars and restaurants and offers a medium home price of $134,875. After the downtown area, Haywood Road area is listed as the area that has the most restaurant activity and generates the most retail sales in the city. 

The top five most fun and affordable cities were: 1) Ocean City, Maryland, 2) Ala Moana-Kakaako, Honolulu, Hawaii, 3) Tempe, Arizona, 4) Scottsdale, Arizona, and 5) Greenville, South Carolina. To round out the top 25, South Carolina had 3 other cities make the list; Florence came in at 13, Myrtle Beach was 15th, and North Carleston was 23rd.

Why do you think Greenville is great?

 

 

This Month in Real Estate: August 2011

by Roger Nix Real Estate Team

Greenville Makes Top Ten

by Roger Nix Real Estate Team

Greenville makes another top ten list on RelocateAmerica’s Top 100 Places to Live in 2011. According to the 14th annual list, Greenville ranks #6 as the best place to live.

In consideration for the 2011, the RelocateAmerica team found the best communities that are well position for economic recovery, already experiencing strong economic recovery or have proven overall economic stability. Factors such as employment, education, community leadership and overall quality of life are strongly considered and examined.

Here’s your top ten best places to live:

  1. Austin, Texas
  2. Grand Rapids, Michigan
  3. Boulder, Colorado
  4. Raleigh, North Carolina
  5. Dallas, Texas
  6. Greenville, South Carolina
  7. Augusta, Georgia
  8. Boise, Idaho
  9. Omaha, Nebraska
  10. Oklahoma City, Oklahoma

Why do you think Greenville is a great place to live? 

Kohl's Hiring 130 People

by Roger Nix Real Estate Team

Kohl's is opening a new store in Easley come September and that means 130 jobs will be available. The large department store retailer will be hiring register operators, department associates, customer service, freight unloaders and ad set associates.

A job fair will be held for positions August 7-11 at the Hilton Greenville, 45 W. Orchard Park. The schedule for the job fair is below:

  • Sunday, Aug. 7
  • 10:45 a.m.-6:15 p.m.
  • Monday, Aug. 8
  • 10:45 a.m. – 6:15 p.m.
  • Tuesday, Aug. 9
  • 12:15 p.m. – 7:30 p.m.
  • Wednesday, Aug. 10
  • 8:45 a.m. – 4:00 p.m.
  • Thursday, Aug. 11
  • 8:45 a.m. – 4:00 p.m.

If interested, you can call 1-877-639-5645 to schedule an interview or visit Kohl's Careers for more information.

The Loan Breakdown

by Roger Nix Real Estate Team

Fixed-Rate Loans

The fixed-rate mortgage is the most popular mortgage program in use today. Fixed-rate loans offer the borrow a fixed interest rate for the life of the loan, typically 15 to 30 years. Borrowers have peace of mind knowing that their monthly payment will not change over time. Conventional fixed-rate mortgages have underwriting requirements established by Freddie Mac and Fannie Mae, and require certain down-payment and debt-to-equity ratios to qualify. Fixed-rate loans are especially attractive to buyers who plan to stay in their home for more than a few years.

Adjustable Rate Loans

With an Adjustable Rate Mortgage (ARM), the interest rate changes periodically, and payments go up or down accordingly. Rates are tied to an index that reflects the cost of money at any given point in time. Generally speaking, lenders charge a lower initial interest rate for the ARM than for the fixed rate mortgage. If you are expecting interest rates to decrease in the future, or if you are trying to maximize your purchase power today knowing your income will rise in the future, then this loan may be right for you. Adjustable rate loans are attractive for buyers who expect to be in the home for a short period of time.

FHA and VA Loans

The Federal Housing Administration (FHA), offers loans for low-to-moderate-income home buyers. FHA loans have lower down payments, and have relatively easier requirements than conventional fixed-rate mortgages. FHA mortgages have no income restrictions and even those with lower credit scores may be considered. Past bankruptcy does not necessarily disqualify borrowers from using this program!

In addition, the Department of Veterans Affairs (VA) offers a zero-down mortgage program. To take advantage of this program, borrowers need to be among those listed as veterans and service personnel in the U.S. military. One of the biggest benefits of this program is that it eliminates the need for private mortgage insurance!

Local Homebuying Program

There are often many state and local programs available. These programs offer down-payment assistance and programs for local home ownership. Learn more about these local programs, recommended lenders, and other finance options by contacting us today!

Mortgage Questions?

by Roger Nix Real Estate Team

July 2011 Real Estate Update

by Roger Nix Real Estate Team

June 2011 Real Estate

by Roger Nix Real Estate Team

Tips to Make your House Appealing

by Roger Nix Real Estate Team

If you have your house on the market this summer here are a few tips to help give your house that extra bit of care to perhaps get it sold quicker. 

  1. Mow the lawn twice a week. Every other time you cut the lawn, try mowing on a diagonal to add some dimension.
  2. Decorate with summer influenced accents. White and blue are summer colors and have a calming effect.
  3. Bring the light inside. Remove those old, heavy, worn out drapes and consider replacing them with shears or lighter fabrics.
  4. Go with the flow of summer. With daylight savings in most places around the country, twilight hours now offer a nice time for people to come and tour your home.
  5. Move the home outside. Create a warm, inviting outdoor space with furniture and color.
  6. Deliver the sparkle. Old school decorating rules don’t apply any more, gold, silver, brass, or pewter, mix them up. Mix and match items to give more depth to your home décor.
  7. Supply summer treats and drinks. Every part of the country is known for its flavor of food. Leave out chilled bottled water or freshly baked cookies for your guests.
  8. Utilize natural scent sparingly. Don’t get too carried away with the Febreze, try something a little more subtle to freshen up your house.
  9. Control the air temperature. There is nothing worse than a stuffy room with no air flow. Make sure to turn on your ceiling fans to keep the air circulating. Bump down your thermostat a degree or two while your house is being shown.

Summer Energy Saving Tips

by Roger Nix Real Estate Team

With summer almost officially here that air conditioning unit is probably running full blast to keep you cool in the 90 degree weather we’ve been having lately.

I came across a website that offered helpful tips to reduce your energy bill, not just over the summer, but year around as well. 

  • Your dishwasher uses less water than washing dishes by hand. Let the dishes air-dry to save even more!
  • Having lots of food in your friends keeps it from warming up too fast when the door is open; so your fridge doesn’t have to work as hard to stay cool.
  • You will 1-3% per degree for each degree the thermostat is set above 72 degrees
  • Avoid running your appliances during peak hours, from 4PM to 6PM.
  • Install window shading – patio covers, awnings or solar window screens to shade your home from the sun; you could save up to 5%
  • Refrigerators with a top or bottom freezer design can save you an additional 2-3% on your bill compared to a side-by-side design.
  • Purchase ENERGY STAR appliances for your home.
  • Install a whole house fan to draw cool air into your home through the windows while forcing hot air out through your attic vents. Best to use this one at night or early morning.
  • Install an ENGERY STAR programmable thermostat.
  • Change your filters at least once a month.
  • Install ceiling fans to help reduce your need to use the air conditioner.
  • Take down the old storm windows, if you live in an area where you need them, and put up screens in their place.

Displaying blog entries 1-10 of 81

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Photo of Roger Nix Real Estate
Roger Nix
Keller Williams Realty
700 Airport Rd
Greenville SC 29607
864-527-7685
Fax: 864-349-2110