Current Listings
New Project
Keller Williams Realty took over the marketing of Marcliffe West community in Murrells Inlet. The community consists of two types of condos (the Palmetto and the Sweetgrass) and paired ranch homes. Both condo types have 3 bedrooms and 2 bathrooms. Standard upgrades include granite counter tops, 42 inch cabinets and tile flooring in the foyer, kitchen and laundry area. The condos start at $134,900. The HOA for the Palmetto condos are $260/month and the HOA for the Sweetgrass condos are $283/month. The HOA includes access to the pool and clubhouse, unit water and sewer, lawn maintenance, insurance and unit basic cable. The owner would be responsible for the unit electric and a telephone. The paired ranch homes are also 3 bedroom, 2 bathroom homes with a 2-car garage. Standard upgrades include granite counter tops, 42 inch cabinets and tile flooring in the foyer, kitchen and laundry area. The paired ranch home with a screened porch starts at $165,900, and the paired ranch home with a Carolina Room starts at $175,900. The HOA is $307/month and includes access to the pool and clubhouse, unit water and sewer, lawn maintenance, insurance and unit basic cable. The owner would be responsible for the unit electric and a telephone. Currently, we have 4 Palmetto condos completed and move-in ready. The two paired ranch homes are also complete. We are also pre-selling for the next phase. The builder is willing to offer incentives to the first buyers.
New Project
Keller Williams Realty took over the marketing of Marcliffe West community in Murrells Inlet. The community consists of two types of condos (the Palmetto and the Sweetgrass) and attached homes. Both condo types have 3 bedrooms and 2 bathrooms. Standard upgrades include granite counter tops, 42 inch cabinets and tile flooring in the foyer, kitchen and laundry area. The condos start at $135,900. The attached homes are also 3 bedroom, 2 bathroom homes with a 2-car garage. Standard upgrades include granite counter tops, 42 inch cabinets and tile flooring in the foyer, kitchen and laundry area. The paired ranch home with a screened porch starts at $165,900, and the paired ranch home with a Carolina Room starts at $175,900. Currently, we have 4 Palmetto condos completed and move-in ready. Two attached homes are also completed and move-in ready. We are also pre-selling for the next phase. The builder is willing to offer incentives to the first buyers.
If you have any questions about these properties or any other properties in the greater Myrtle Beach area, please contact me at (843) 267-2710 or Kathy@KathyRukat.com. Have a great weekend and Happy 4th of July!!
From Mike Hogue at First Home Mortgage...
Write-offs to Remember
Deductions in the Loan Process
Write-offs are the government's way of rewarding taxpayers when they've done something the government likes. And to judge by the write-offs, the government likes it when people borrow money to buy a house. There are write-offs aplenty, many of which people often forget.
Make sure your clients take advantage of every break the IRS will give. Here are a few they tend to forget:
Points:
According to the IRS, origination fees charged as points must be paid for the use of money, (for example, to obtain a lower interest rate) in order to be tax deductible. Origination fees that constitute a "service fee" are not tax deductible. The question must be asked, "Does the fee apply to the use of money, or is it a service charge?"
Pre-payment penalties:
Unforeseen circumstances often cause borrowers to pull out of their mortgages sooner than expected. Fortunately, pre-payment penalties are tax deductible, which helps ease the pain.
Pro-rated real estate taxes:
Even if the seller sent the tax collector the check, chances are the buyer paid a pro-rated portion of the taxes for the year at closing. Be sure they know to deduct their fair share.
Pro-rated mortgage interest:
Depending on when in the month the home sale closes, buyers pay either a hefty or a tiny amount of pro-rated mortgage interest for that month. Big or small, they can write that off. The Final Closing/Settlement Statement will show just how much they're due.
Home construction loan interest:
As long as the construction period doesn't last more than two years before they make the new place their "principal residence," they can write off the interest for that construction loan.
It pays to pay attention – all these write-offs can add up to some serious savings when tax time comes around.
