Larry and Sheila Young

NEW Housing Finance Rate Sheet

2010-04-16T13:09:00.000-07:00

South Carolina State Housing Finance and Development Authority
300-C Outlet Pointe Blvd., Columbia, South Carolina 29210
Telephone: (803) 896-9396 FAX: (803) 896-8589

RATE SHEET FOR LENDERS

Effective Date: 12:00 PM April 16, 2010
CATEGORY I
Above 80% of Medium Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
First-Time Homebuyer Program
$5,000 Repayable
5.250
Single Parent Program
(First time homebuyer requirement waived)
$5,000 Repayable
5.250
Disability Program
(First time homebuyer requirement waived)
$5,000 Repayable
5.000

CATEGORY II
50.01% to 80% of Median Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
First-Time Homebuyer Program
$5,000 Forgivable
5.250
Single Parent Program
(First time homebuyer requirement waived)
$5,000 Forgivable
5.250
Disability Program
(First time homebuyer requirement waived)
$5,000 Forgivable
5.000

CATEGORY III
50% and below of Median Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
First-Time Homebuyer Program
$5,000 Forgivable
5.000
Single Parent Program
(First time homebuyer requirement waived)
$5,000 Forgivable
5.000
Disability Program
(First time homebuyer requirement waived)
$5,000 Forgivable
5.000

All the rates, fees, and terms on this sheet are for informational purposes for participating lenders only and are subject to change without notice. The customer’s rate will be the rate that is in effect on the date and time that the reservation is received by the Authority. For the APR (annual percentage rate), please contact one of our participating lending partners.

FOR ADDITIONAL INFORMATION SEE OUR WEBSITE
www.schousing.com
South Carolina State Housing Finance and Development Authority
300-C Outlet Pointe Blvd., Columbia, South Carolina 29210
Telephone: (803) 896-9396 FAX: (803) 896-8589

RATE SHEET FOR LENDERS
PALMETTO HEROES PROGRAM

Effective Date: 12:00 PM April 16, 2010
CATEGORY I
Above 80% of Medium Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
Palmetto Heroes Homebuyer Program
$5,000, $6,000 or $7,000 Repayable
5.125

CATEGORY II
50.01% to 80% of Median Income
See Income Charts for each County

DOWN PAYMENT ASSISTANCE AVAILABLE
Rate
Palmetto Heroes Homebuyer Program
$7,000 Forgivable
5.125

All the rates, fees, and terms on this sheet are for informational purposes for participating lenders only and are subject to change without notice. The customer’s rate will be the rate that is in effect on the date and time that the reservation is received by the Authority. For the APR (annual percentage rate), please contact one of our participating lending partners.

FOR ADDITIONAL INFORMATION SEE OUR WEBSITE www.schousing.com

A Video Addressing the New Tax Credit

2009-11-10T08:38:00.000-08:00

New Tax Credit Complete FAQ's Inside - 11.09.09

Watch Video We've found the site that has every little detail about the new tax credit for you.

http://www.thinkbigworksmall.com/mypage/player/tbws/19718/883760

Questions about the tax credits?

2009-11-10T08:35:00.000-08:00

Visit this website for all of your tax credit FAQs

www.federalhousingtaxcredit.com

$8,000 Tax Credit Extended and a New "Step-Up" Tax Credit Initiated

2009-11-10T08:27:00.000-08:00

First-time Homebuyers
The measure will extend the first-time homebuyer tax credit until April 30, 2010. In addition, those who have signed a contract before May 1, 2010 will have 60 days to close on the home. Increases the income limits to $125,000 on a single return and $225,000 on a joint return (from $75,000 and $150,000, respectively). Those who purchase in 2010 will be able to claim credit on 2009 tax return. Definition of first-time buyer remains the same as those who have not owned a home in the last three years. The credit will remain at $8,000.

Step-up Buyers
Those who have owned the same home for 5 consecutive of the last 8 years will be eligible for a $6,500 tax credit. The $6,500 tax credit will be eligible for purchases between December 1, 2009 and May 1, 2010 and will have 60 days to close on the home. The income limits are also $125,000 on a single return and $225,000 on a joint return and have a $20,000 phase-out thereafter. Those who purchase in 2010 will be able to claim the credit on 2009 tax return.

Check out these great websites!!!

2009-10-08T08:22:00.000-07:00

Downtown Greenville continues to astound us and these website show exactly why!!!

www.iwasblownaway.com

www.thrivedowntown.com

Why RE/MAX is #1

2009-09-21T09:37:00.001-07:00

Young Team ranked #10 among SC RE/MAX teams!!!

2009-09-01T09:11:00.000-07:00

We did it!!! The Young Team was recently ranked #10 in terms of sales among all of the SC RE/MAX teams!!! We accept this distinction with great pride and hope that you will see this as an opportunity to use one of our astounding agents on your next real estate deal!!!

2009-08-21T18:00:00.000-07:00

It seems as though that the actual sales numbers confirm that real estate transactions have increased four (4) months in a row, thus supporting the “rebound in activity” we are seeing. Take a look at the link below to a CNNMoney.com article that just hit the Internet

http://money.cnn.com/2009/08/21/real_estate/home_sales_rise_in_July/?postversion=2009082110

Fox Carolina Money Watch Segment

2009-08-03T08:00:00.000-07:00

Check out the link below to view a segment we did last week on Fox talking about unfinished neighborhoods in our area.

http://www.foxcarolina.com/video/20201760/index.html

2009-07-29T20:58:00.000-07:00

In yesterday's edition of USA Today (& AARP) - please note that
Greenville SC is ranked #2 behind Tucson, AZ as the simplest place to live in US.

http://www.usatoday.com/news/health/2009-07-26-AARPTucson_N.htm

2009-07-16T15:44:00.000-07:00

In case you haven’t seen this……..
This is an article from Greenvilleonline.com

July 15, 2009
Decline slows in Upstate home salesBy Angelia DavisBusiness Writer
The pace of declines in home sales is beginning to slow both in the Upstate and the rest of South Carolina, which realtors say may be a sign that the market is starting to recover.
According to statistics from the Multiple Listing Service (MLS) of Greenville, year-over-year home sales are down 29 percent for January through June.
But Nick Sabatine, chief executive officer of the Greater Greenville Association of Realtors, said the figures were down more than that – 31.9 percent – from January through May of 2009.
“That means there's improvement there,” he said.
Another sign that “everything is turning more positive” locally is that fewer homes are listed on the market for sale this month compared with the total from last month, Sabatine said.
There were 7,062 residences on the market as of July 10, compared with 7,175 a month ago, the MLS shows.
.“Although it's up 1.9 percent over last year at this time, the numbers (on the market) are down which means that more houses that have been listed are selling,” he said.
“Are we still in a housing recession? Yes we are. But what's happening is things are beginning to very slowly turn around,” he said.
Statewide, there is a 24 percent decline in the number of homes sold year to date and it's starting to level off a little bit, said Nick Kremydas, chief executive of the state organization.
“What we saw was a really bad fourth quarter in ‘08, a not so great first quarter in ‘09, and it looks like the second quarter is starting to ease up,” Kremydas said.
Both Sabatine and Kremydas credit the positives to the $8,000 tax credit for first time homebuyers, low mortgage rates, selection of inventory, and the summer home buying season.
Kremydas is hopeful that the slowdown in declines means “2009 will be the bottom of the market and that 2010 will lead to the start of a rebound.”
But “I'm not ready to get too excited,” he said.
Yet, the association's 20,000 members statewide are more optimistic than he's seen them since the downward trend began.
“I'm encouraged by our members sense of encouragement and optimism for the coming months. We're just waiting for the numbers to catch up,” he said.

Five Forks Plantation - Homes & Land

2009-07-13T07:27:00.000-07:00

Click the link below to view a virtual tour with information about Five Forks Plantation, homes and lots available now!

Five Forks Plantation brought to you by: The Young Real Estate Team

Five Forks Plantation Testimonial

2009-07-13T07:23:00.000-07:00

Sheila,

Thanks for representing Five Forks Plantation!!

As a resident of Five Forks Plantation for almost 2 years, I can personally speak to the character of this neighborhood. Our residents take pride in their property as well as the common areas. We have the type of neighborhood, that you can always find an open door, a welcome smile, or a friendly wave as you walk or drive by. We have numerous social activities for the men, women and children. We have everything from community work days to holiday gatherings. We have Christmas Caroling, Trick or Treating and Parades.

If you are a realtor on this email list, you don’t have to take my word for it…just drive into Five Forks, with your customers and stop and talk to any of our residents, and you will see for yourself how welcoming it is here!

We truly have a fantastic family, here in Five Forks!

Regards,
Erin Joseph

MarketClick e-magazine: Greenville SC Real Estate Market Information

2009-06-26T10:54:00.000-07:00

Below is a link to a custom local news e-magazine MarketClick today, to provide current and timely information regarding both the local market and the buying and selling process in general! The Greater Greenville Association of REALTORS Board of Directors has specifically opted not to sell advertising in this publication so that it may be an objective source for the public to reference, and not have the message become muddled by competing images or ads. It has been streamlined to contain no references to competing brokerages or individuals so all members may feel comfortable sharing this information with their past, current or prospective clients.

MarketClick will be produced monthly over the course of the coming year and is designed to both allow members of the Greater Greenville Association of REALTORS to share accurate local market information, and assist consumers in making informed decisions. All future additions will be archived at http://www.ggarmarketclick.com/

CLICK HERE TO VIEW MarketClick: http://www.bluetoad.com/publication/?i=13534&pre=1

We provide professional photographs of your listing!!

2009-06-23T14:42:00.001-07:00

Here's some information about the professional photographer that we use.

He even gave us our own channel on YouTube!!!!

http://www.youtube.com/YoungRealEstateTeam

and we put a slide show of all of the images in MLS for realtors and potential buyers to see.

What I do is simple. I provide you with professional marketing images that attract potential buyers to your listings. Now more than ever, people looking to buy a home begin their search on the Internet. My images help your listings stand out from all the rest.
As you can see in these examples, the difference is obvious. My images include:

- Wider angles - to show the entire living area
- Correctly exposed, color-corrected images - closer to what the eyes see- Removal of distractions - both interior and exterior All of my home shoots include:
- Up to 35 images of your listing- A high-resolution, web-ready slide show (for use on MLS, your website or Realtor.com)
- Next-day image delivery. My goal is to attract more buyers to your listings. I bring personal service, attention and creativity to each home I shoot. I want to help you sell your listing!

"You were such a pleasure to work with! Thank you for going the extra mile!" - J.S.

"Great shots! I love the slide show." - M.A.

"Huge thank you for getting these images back to me so quickly! They look great!" - H.S.

"Your shots were amazing! I didn't even recognize my own home! Thank You!!!" - M.M."I think every Realtor should be using your service." - T.J.

The Strength of Greenville's Economy

2009-06-18T07:46:00.000-07:00

Here's a link to a recent news story about Greenville, SC on ABC's Good Morning America. It talks about the strength of Greenville's economy in spite of some of the highest unemployment. This story compares Greenville to Rockford, IL which is comparable in size, has lower unemployment but their economy is weaker than Greenville's.

http://abcnews.go.com/Video/playerIndex?id=7775661

Fox Carolina Story Continued.... Flipped Home Revealed

2009-06-16T09:41:00.000-07:00

'Flipped' Home Revealed. Jeff Moreau with Fox Carolina shows off the finished product of two house "flippers" in the Upstate. You won't believe your eyes. The difference is phenomenal. It's no surprise that this home is already under contract!! Even though you missed out on this one, we can help you find other good deals throughout the upstate. Follow the link below for the video.

Video: http://www.foxcarolina.com/video/19623052/index.html

Freedom Weekend Aloft

2009-05-20T07:37:00.000-07:00

It's Hot Air Balloon Time!!! Once again the hot air balloons are coming to the upstate for Freedom Weekend Aloft, this year it has been expanded to four days and all the concerts, etc. are included in your admission price, it will start on Friday and run through Memorial Day at Heritage Park in Simpsonville for a schedule of events and more information visit www.FreedomWeekend.org

The RE/MAX balloon will be on hand for the public to take tethered rides, wind and weather permitting every night 6:00 pm - 9:00 pm Balloon Tether with Balloon Tether and Glow happening on Friday and Sunday.

Main Street Events

2009-05-11T09:06:00.000-07:00

THIS WEEK ON THE STREET...

DOWNTOWN ALIVE, presented by Countybank
to benefit the Metropolitan Arts Council
Thursday, May 14 - 5:30-8:30pm
Piazza Bergamo - Main Street in Downtown Greenville
Live on the "Wild Wing Cafe Stage"
SOL DRIVEN TRAIN (Jam Band / Americana) Folly Beach, SC
Volunteers: MAC DADDY GIRLS

MATTY'S DOWNTOWN SOUNDS
Thursday, May 14 - 6:00-9:00pm
Anderson County Courthouse Plaza, Main Street, Anderson
Live on the "Coors Light Stage"
MARVIN KING & THE BLUES REVIVAL BAND - Greenville SC
Volunteers: Dance Alliance

For more information visit: www.mainstevents.com

Fox Carolina covers The Young Team!!

2009-05-11T06:28:00.000-07:00

Fox Carolina is doing a story on "house flipping" and investors in the Upstate. Larry is featured in the story along with two of our clients, Rob Hill and Tom Carswell. Fox is going to do a follow up in about a week or so to show how the "flip" turned out. To see the story follow the link below. http://www.foxcarolina.com/video/19395314/index.html

RE/MAX Foothills Agents Win National Awards

2009-02-25T09:43:00.000-08:00

(Greenville, SC) - Duane Bargar, Mark Kingsbury, Debra McCormick, Kathy Rogoff, Derek Sill, and Sheila Young with RE/MAX Foothills Real Estate have been presented with the RE/MAX Platinum Club award that honors highly successful real estate agents nationwide within the RE/MAX network. The Platinum Club award was only presented to the top 8% of RE/MAX real estate agents nationwide in 2008. "Winning this award is a tremendous accomplishment," said Jim Fritzsche, Broker/Owner of RE/MAX Foothills. "Our agents continue to raise the bar in real estate, making us and this community proud."

James Akers, Jr., Jim Alef, Lisa Antonelli-McDowell, Debbie Dujardin, Ali Merritt, Katie Primeau, and Alan Swartzentruber, also with RE/MAX Foothills Real Estate, were presented with the 100% Club award from RE/MAX International.

source: http://www.greenvilleonline.com/article/20081231/YOURUPSTATE/812310365/-1/ARCHIVE

Open House Sunday 3/1 2p-4p

2009-02-19T10:02:00.000-08:00

702 Bennett St Unit E

Sunday, March 01, 2009 2:00 PM-4:00 PM

Greenville Property Type Condo/Townhome Status For Sale

2 Bedrooms 2 BR Bath Rooms 2.50 BTH Living Area 1800-1999

Offered At$279,900

Sheila Young will be hosting an Open House Sunday March 1st from 2p-4p.

Directions : Stone Avenue to Bennett Street. Located just past intersection of Gallwan & Bennett

www.YoungTeam.net

Open Houses Sunday 2/22

2009-02-19T09:13:00.000-08:00

4 Lael Ct, Taylors, SC 29687

Sunday, February 22, 2009 2:00 PM-4:00 PM

Taylors - Lorena Park Property Type Single Family Status For Sale

Bedrooms 3 BR Bath Rooms 2.00 BTH Living Area 1600-1799

Offered At$163,900

Hosted by Donna Roper - Open House Sunday 2/22 from 2p-4p.

The Young Team sold a house on the same street in just 10 days in January!!!

Directions: Wade Hampton toward Greer, Turn right on East Lee Rd. Cross Edwards Rd at Brushy Creek left on E Lee property on left in cul-de-sac.

http://www.youngteam.net/

208 Player Way, Simpsonville, SC 29681

Sunday, February 22, 2009 2:00 PM-4:00 PM

Simpsonville - Sycamore Ridge Property Type Single Family Status For Sale
Bedrooms 6 BR Bath Rooms 3.50 BTH Living Area 3600-3799 Lot Area 39x267x214x196

Offered At$450,000

Hosted by Larry Young - Open house Sunday 2/22 from 2p-4p

Directions: I-385 exit 31 Left on 417 (Main St.Simpsonville) L on Curtis St - R on Howard - L into Sycamore Ridge. R on Player Way. Home @ end of Cul-de-sac.

http://www.youngteam.net/

540 Horton Grove Road, Greer, SC 29651

Sunday, February 22, 2009 2:00 PM-4:00 PM

Greer - Dillard Creek Crossing Property Type Single Family Status For Sale
Bedrooms 4 BR Bath Rooms 3.50 BTH Living Area 2600-2799

Offered At$334,900

Hosted by Pam Cofer - Open House Sunday 2p-4p at Dillard Creek Crossing

Directions: From Greenville take I-85 to Hwy 14, turn Right towards Pelham Rd, Turn left on Westmoreland Rd at new Village hospital go 1.2 miles, Dillard Creek Crossing is on left at bottom of hill.

http://www.youngteam.net/

How the Real Estate Book helps with online advertising exposure

2009-02-19T08:14:00.000-08:00

I don't know if you are aware of the vast amount of online exposure that The Real Estate Book offers, so I have attached some info I believe you will find helpful.

All listings $450,000+ can also be found on THE NEW YORK TIMES website.

All listings $750,000+ can also be found on UNIQUE HOMES, and NEW YORK TIMES GREAT HOMES sites.

All listings $1 Million + can also be found on THE WALL STREET JOURNAL, UNIQUE GLOBAL ESTATES and REALTY TRAC sites.

Average Transactions Per Agent

2009-02-19T07:56:00.000-08:00

In 2008, RE/MAX Foothills averaged the most transactions per agent out of the Greater Greenville Association of Realtors top real estate offices!!

Homebuyers Tax Credit

2009-02-13T10:02:00.000-08:00

RE/MAX International is participating in a last minute push with the National Association of REALTORS and the National Association of Home Builders to support final revisions of the Senate Amendment to the Stimulus Bill. The Senate will vote today, then a combination of the Senate and House versions is anticipated to go to the President for signature in the upcoming weeks. Below is an email that just came out from Dave Liniger’s office, providing a direct link to inform both members of Congress of your support of this initiative.

Also attached is a PDF handout that I downloaded from NAR’s website. It provides an easy-to-understand comparison of the Senate’s proposed Amendment to the one proposed by the House. It is imperative that you get up to speed on this initiative TODAY and work to support the Senate’s Amendment (which would provide up to a $15,000 tax CREDIT to every purchaser of a primary residence … not just 1st time home buyers limited under the House’s proposal). Those RE/MAX REALTORS who work to educate their spheres of influence (as well as their buyers and sellers) right NOW will be far ahead of the pack when this revised Stimulus Bill becomes law upon the President’s signature. Be prepared to capitalize on this opportunity!

Jim Fritzsche
RE/MAX Foothills

Fellow Broker/Owners and Managers:You may have read the email that Dave Liniger sent out last week regarding the current legislative activities in Washington surrounding the Economic Stimulus Bill. This is a critical "front burner" issue, with the bill likely to be finalized this week. So, it is critical that, if you haven't contacted your legislators yet, you do so as soon as possible.The House version includes a 7,500 dollar tax credit for new home buyers, but the Senate version has a 10% tax credit with a ceiling of 15,000 dollars, for all home buyers. At this time, neither version has incorporated a provision for promoting lower mortgage interest rates. The Senate is expected to vote today and after that a conference committee will work out the differences between the two versions.Through the Treasury Department and legislation, there are other proposals for streamlining short sales and preventing foreclosures. Also, there are efforts to keep the increased conventional loan limits that were temporarily in place during 2008. All these Housing Stimulus provisions would have a beneficial impact on our current market.The National Association of Realtors® is working to have these proposals and others incorporated into the final Stimulus Bill. RE/MAX International has been working closely with NAR and supports all their efforts. NAR has made it easy for you to contact your legislators with pre-written letters and the contact information for all U.S. Senators and Representatives. Please visit their web site to make your voice heard.

http://takeaction.realtoractioncenter.com/campaign/2009stimulus

What happens over the next week could have an impact on our entire industry that will affect us all for many years to come.Please copy this message and distribute it to your fellow agents, clients and anyone who supports the real estate industry. THANK YOU!

To View information on the Homebuyer tax credit click the following links:

http://i374.photobucket.com/albums/oo184/theyoungteam/homebuyertaxcredit1.jpg

http://i374.photobucket.com/albums/oo184/theyoungteam/homebuyertaxcredit2.jpg

Ellington Park - New Gated Development

2009-01-30T08:54:00.000-08:00

Ellington Park

A Private Gated Community with only 32 home sites in a preserved wooded setting that astute homebuyers desire. Located in one of Greenville's most desired areas, and in the Oakview school district, you will find yourself just minutes away from the conveniences of the Five Forks area and Woodruff Rd. Homebuyers can bring their own builder or select from one of our preferred custom builders. Lots range in size from .57 to .81 acres, all are on cul-de-sacs, some are suitable for basements, and more than half are wooded. A footbridge takes you to the common area where a trail meanders amongst majestic oaks and along a small brook. Come discover the preserved ambiance of Ellington Park, bring your friends, and make this community your hidden jewel.

Welcome

2009-01-30T07:29:00.000-08:00

Hello everyone, welcome to our new website. we are still in the construction phase on some areas of our site. Please be patient as we will have everything working wonderful shortly. Please visit us again soon.

Larry