The Value of Living in Columbia, South Carolina for SC Richland Two Schools Magnet Programs

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The SC Richland Two Schools Magnet programs have thrived in part due to the unique benefits of living in Columbia, South Carolina. This city offers a rich and diverse cultural scene, as well as numerous opportunities for students to engage with their communities and develop important life skills. In this article, we’ll explore some of the ways in which living in Columbia adds value to the Magnet programs.

#ColumbiaSC, #MagnetPrograms, #CommunityEngagement, #LifeSkills, #CulturalScene,

One of the most significant benefits of living in Columbia is the access to cultural experiences. Students in the Magnet programs have the opportunity to participate in a wide range of cultural events and activities, including performances at the Koger Center for the Arts, exhibits at the Columbia Museum of Art, and concerts at the Township Auditorium. These experiences not only enrich students’ education but also expose them to diverse perspectives and foster a love of the arts.

#KogerCenter, #ColumbiaMuseumOfArt, #TownshipAuditorium, #ArtsEducation, #DiversityAndInclusion,

Columbia also offers numerous opportunities for community engagement, which is a core component of the Magnet programs. Students can volunteer at local organizations such as Harvest Hope Food Bank or participate in service projects with community partners. These experiences help students develop empathy, leadership skills, and a sense of social responsibility.

#CommunityService, #Volunteerism, #HarvestHopeFoodBank, #LeadershipDevelopment, #SocialResponsibility,

In addition to cultural experiences and community engagement, living in Columbia provides students with access to a variety of educational and career opportunities. The city is home to several colleges and universities, including the University of South Carolina, which offers a wealth of resources and support for students in the Magnet programs who are considering higher education. Additionally, Columbia is home to numerous businesses and organizations that offer internships and other work-based learning opportunities for students.

#HigherEducation, #Internships, #WorkBasedLearning, #UniversityOfSouthCarolina, #CareerOpportunities,

Finally, Columbia’s natural beauty and outdoor recreation opportunities add value to the Magnet programs. The city boasts numerous parks and green spaces, as well as access to nearby lakes and rivers for boating, fishing, and other outdoor activities. These opportunities allow students to connect with nature and develop an appreciation for the environment.

#OutdoorRecreation, #ParksAndGreenSpaces, #BoatingAndFishing, #EnvironmentalEducation, #NaturalBeauty,

n conclusion, the value of living in Columbia, South Carolina, cannot be overstated when it comes to the SC Richland Two Schools Magnet programs. The city’s cultural scene, community engagement opportunities, educational and career resources, and natural beauty all contribute to a rich and rewarding educational experience for students. As the Magnet programs continue to evolve and grow, we can expect Columbia to remain an integral part of their success.

#ColumbiaSCValue, #MagnetProgramSuccess, #CommunityEngagement, #EducationalResources, #NaturalBeauty,

Maximizing Your Home Refinancing Options After Divorce

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Divorce can potentially be a factor when refinancing a mortgage loan, depending on the specific circumstances of the divorce and the mortgage loan. Here are a few ways in which divorce could affect refinancing:

  1. Change in ownership: If the divorcing couple jointly owns the home, one spouse may choose to buy out the other’s share of the property. This could affect the refinancing process, as the new owner may need to apply for a new mortgage loan in their name alone.
  2. Change in income: Divorce can also result in a change in income for one or both parties. This could impact the ability to qualify for a mortgage refinance, as lenders typically consider income when assessing a borrower’s ability to repay the loan.
  3. Credit score: If the divorce results in missed mortgage payments or other financial difficulties, this could negatively impact both parties’ credit scores. This could make it more difficult to qualify for a refinance or result in higher interest rates or less favorable loan terms.
  4. Marital debt: If the divorcing couple has joint debt, such as credit card debt or personal loans, this could impact the ability to qualify for a mortgage refinance. Lenders may take the couple’s combined debt into account when assessing the borrower’s creditworthiness.

Overall, while divorce can be a factor when refinancing a mortgage loan, it’s important to speak with a lender or financial advisor to fully understand how your specific situation may impact your ability to refinance.

homerefinance, #divorce, #mortgageloan, #financialplanning, #Divorcerealestate, #SCDivorce,

rozalynfranklin@kw.com

Navigating the Real Estate Market as a First-Time Homebuyer in South Carolina

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Buying a home is one of the most significant investments you’ll ever make. However, with higher mortgage rates and relentless competition in today’s real estate market, it can be challenging for first-time homebuyers to succeed. If you’re a prospective South Carolina first-time homebuyer, here are some tips to help you navigate the market successfully.

  1. Get Pre-Approved for a Mortgage: Getting pre-approved for a mortgage is a crucial first step in the homebuying process. It will help you understand how much house you can afford and give you a competitive edge in the bidding process. Pre-approval also shows sellers that you’re a serious buyer, increasing your chances of getting your offer accepted.
  2. Work with a Local Real Estate Agent: A local real estate agent can help you navigate the market, understand local market trends, and help you find properties that meet your needs and budget. They can also negotiate on your behalf and help you navigate the bidding process, giving you a competitive edge in a highly competitive market.
  3. Be Flexible: With relentless competition in the real estate market, it’s essential to be flexible. You may have to compromise on your “must-have” list or consider properties in different neighborhoods or towns. Being open to different possibilities will increase your chances of finding a home that meets your needs and budget.
  4. Have Your Finances in Order: With higher mortgage rates, it’s essential to have your finances in order. That means having a good credit score, saving for a down payment, and having enough funds for closing costs and other expenses. Having your finances in order will help you qualify for a mortgage and make a strong offer when you find the right property.
  5. Stay Positive: The real estate market can be challenging, but it’s essential to stay positive. Be patient, be persistent, and don’t get discouraged if your offers get rejected. With the help of a local real estate agent, you’ll find the right property, and your hard work and perseverance will pay off in the end.

Additionally, if you’re a first-time homebuyer in South Carolina, consider joining the Homebuyers Down Payment Assistance group on Facebook. This group provides valuable resources and information about down payment assistance programs and other financial assistance for first-time homebuyers in South Carolina. Joining this group can help you stay informed and increase your chances of qualifying for down payment assistance programs, making homeownership more accessible and affordable. So, join the Homebuyers Down Payment Assistance group today and take the first step towards achieving your dream of homeownership.

In conclusion, buying a home in today’s real estate market can be challenging, but it’s not impossible. By getting pre-approved for a mortgage, working with a local real estate agent, being flexible, having your finances in order, and staying positive, you can successfully navigate the market and find the right home for you and your family.

FirstTimeHomebuyer,#SouthCarolinaRealEstate,#HomeBuyingTips,#LocalRealEstateAgent,#FinancialPreparation,#StayPositive,#HomebuyersDownPaymentAsistance,

Maximizing Your Home’s Curb Appeal

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5 Tips for a Stunning First Impression

When it comes to selling your home, staging is a crucial part of the process. Staging involves making your home look its best to appeal to potential buyers. Here are the five best staging tips when selling your home.

  1. Declutter and Depersonalize

The first step in staging your home is to declutter and depersonalize. Remove any personal items, such as family photos or heirlooms, as they can distract potential buyers from seeing themselves living in the space. Clear out any unnecessary items and organize the remaining items neatly. A clean and organized space will help buyers envision themselves living in the home.

  1. Clean Thoroughly

Before showing your home, ensure it is thoroughly cleaned from top to bottom. This includes scrubbing floors, wiping down surfaces, and dusting all areas. Deep clean the bathrooms and kitchen, ensuring they are sparkling clean. Consider hiring a professional cleaner to do a deep clean to ensure everything is spotless.

  1. Highlight the Best Features of the Home

Staging is all about showcasing the best features of your home. If you have a beautiful fireplace, make sure it is the focal point of the room. If you have a stunning view, ensure that it is visible from the main living areas. Highlighting the best features of your home will make it more appealing to potential buyers.

  1. Depersonalize and Neutralize

In addition to removing personal items, it’s important to neutralize the decor. This means using neutral colors on walls and furniture to appeal to a wider range of buyers. Neutralizing your home will help potential buyers see themselves living in the space and make it easier for them to imagine their own furniture and decor in the home.

  1. Create a Welcoming Environment

Finally, it’s important to create a welcoming environment. Consider adding fresh flowers or plants to the space to add some color and life. Soft lighting can also create a warm and inviting atmosphere. Ensure that the temperature is comfortable, and the home is well-ventilated to create a fresh and inviting space.

In conclusion, staging is a crucial part of selling your home. By following these five tips, you can create a welcoming and inviting space that will appeal to potential buyers. A well-staged home can sell faster and for a higher price, so it’s worth investing time and effort into staging your home properly.

CurbAppeal, #HomeSelling, #RealEstateTips, #HomeStaging, #HomeDecor, #DECLUTTER, #RMFREALTY, #ROZALYNFRANKLIN

Flipping Properties in South Carolina: A Guide to Finding the Best Deals

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Flipping properties can be a lucrative business if you know how to find the right properties at the right price. In South Carolina, there are plenty of opportunities to flip properties, but you need to know where to look. Here are some tips on how to find properties to flip in South Carolina.

  1. Check Online Listings: The first step in finding properties to flip is to check online listings. Websites like Zillow, Redfin, and Realtor.com offer listings of properties for sale in South Carolina. You can filter your search by price, location, and other criteria to find properties that fit your budget and requirements.
  2. Attend Auctions: Another way to find properties to flip is to attend auctions. In South Carolina, there are public auctions where foreclosed properties are sold. You can find these auctions by checking the local newspapers or by contacting the county clerk’s office.
  3. Contact Wholesalers: Wholesalers are individuals or companies that specialize in finding properties and selling them to investors at a discount. They often have access to properties that are not listed on the MLS or other public platforms. You can find wholesalers by searching online or by attending local real estate events.
  4. Drive Around: Sometimes, the best way to find properties to flip is to drive around and look for distressed properties. You can identify these properties by looking for signs of neglect, such as overgrown lawns, boarded-up windows, or damaged roofs. Once you’ve identified a potential property, you can contact the owner and inquire about its sale.
  5. Network with Other Investors: Networking with other investors can help you find properties to flip. You can join local real estate groups, attend investor meetups, or connect with other investors on social media. By building relationships with other investors, you can gain access to off-market properties and learn about new opportunities.

In conclusion, finding properties to flip in South Carolina requires a combination of online research, attending auctions, contacting wholesalers, driving around, and networking with other investors. By using these strategies, you can find properties that have the potential for a profitable flip. Remember to do your due diligence, research the local market, and have a solid business plan before making any investment decisions. Good luck!

#SouthCarolinaRealEstate, #PropertyFlipping, #RealEstateInvesting, #HouseFlipping,

Challenges to Homeownership: Understanding the Gap between Aspiration and Reality

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In a recent Harris Poll survey, it was found that 80% of Americans consider buying a home as a priority, and 28 million of them have plans to purchase a home within the next 12 months. It is not surprising considering the various financial and non-financial benefits that come with homeownership.

However, it is highly unlikely that all 28 million Americans will be able to achieve this goal in the coming year. According to experts, the total number of homes projected to be sold in 2023 is around five million. This significant difference is partly due to the various challenges associated with purchasing a home.

The same survey revealed that when asked what is preventing them from pursuing homeownership, 34% of respondents cited a lack of savings for a down payment, while 30% cited their credit score as the reason.

If buying a home is your goal, it is essential to understand these challenges and work towards overcoming them.

Save for Your Down Payment

Your down payment is a big chunk of what you pay up front for your home. For most home purchases, buyers put down some amount of cash up front (a down payment) and then take out a loan (a mortgage) to pay for the rest.

It’s a longstanding myth that you need to pay 20% of the purchase price for your down payment. In reality, 20% down isn’t always required. In fact, according to the National Association of Realtors (NAR), today’s median down payment is 14% for the average buyer and just 6% for a first-time buyer.

Regardless of how much money you can save for your down payment, know there’s help available. A local lender can show you options to help you get closer to your down payment goal. Plus, there are even loan types, like FHA loans, with down payments as low as 3.5% for some buyers, as well as options like VA loans and USDA loans with no down payment requirements for qualified applicants.

Beyond assistance programs and different loan types, here are a few other tips to help you as you save for your down payment:

  • Remember to factor in closing costs. In addition to your down payment, closing costs are usually 2-5% of the home’s purchase price.
  • Maintain your savings. Your down payment shouldn’t deplete all your savings. It’s important to still have some money set aside for homeownership expenses after you move in.
  • Explore your options and lean on your trusted advisor for expert guidance. Do your research, ask questions, and look into the resources available for buyers like you.

Improve Your Credit Score

Your credit score is a number that indicates how financially reliable you are to lenders. A higher credit score usually means you’ll be able to borrow more money at a better interest rate. If your credit score is preventing you from getting an affordable mortgage, there are steps you can take to improve it. Here are two:

  • Pay your bills on time. When you pay your bills on time, your credit score improves. When you’re late, it takes a hit. One way to make paying your bills on time easier? Set up automatic payments when and where you can.
  • Mix it up. From auto loans, to credit cards, to mortgages – there are several different types of credit. And having a mix of them improves your credit score.

Bottom Line

If you want to purchase a home this year, let’s connect so we can start preparing.

Downsizing Your Home in Columbia, SC: Tips and Strategies

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Downsizing Your Home in Columbia, SC: Tips and Strategies

As the saying goes, less is more. And when it comes to downsizing your home, this philosophy couldn’t be more true. Whether you’re an empty nester looking to simplify your life, or simply seeking a more affordable and manageable living situation, downsizing can offer a range of benefits. In this blog post, we’ll explore some tips and strategies for downsizing your home in Columbia, SC.

Assess your current needs and wants

The first step in downsizing is to take stock of your current living situation. This means evaluating your current home and determining what you actually need and want in a new home. Ask yourself questions such as:

  • How many bedrooms do I really need?
  • Do I use all the rooms in my current home?
  • Am I willing to sacrifice outdoor space for a smaller living area?
  • What are the most important features in a new home?

By taking the time to assess your needs and wants, you’ll be better equipped to find a home that meets your specific requirements.

  1. Start de-cluttering early:

One of the biggest challenges of downsizing is dealing with all your possessions. It’s important to start decluttering early so you have plenty of time to sort through your belongings and determine what to keep, sell, donate, or discard. Consider starting with the items that are rarely used or taking up unnecessary space. This can include old clothing, duplicates of household items, and items that no longer have sentimental value.

2. Consider storage solutions

If you’re struggling to part with some of your belongings, consider investing in storage solutions to keep items that you don’t use regularly. This can include renting a storage unit or investing in smart storage solutions, such as under-bed storage or hanging shelves.

3. Get help from a professional

Downsizing can be an overwhelming process, and it can be helpful to get some professional assistance. Consider hiring a real estate agent who specializes in downsizing, or a professional organizer who can help you declutter and organize your belongings. They can offer valuable advice and guidance throughout the downsizing process.

4. Focus on the benefits

Downsizing your home can offer a range of benefits, including lower mortgage or rent payments, reduced utility costs, and less maintenance and upkeep. By focusing on the positive aspects of downsizing, you can help alleviate any anxiety or stress you may feel about the process.

In conclusion, downsizing your home in Columbia, SC can be a positive and rewarding experience. By taking the time to assess your needs and wants, decluttering early, considering storage solutions, getting help from a professional, and focusing on the benefits, you can make the downsizing process as smooth and stress-free as possible. Good luck!

Highlights of the current real estate market in Columbia, SC:

🏠 The Columbia real estate market is 🔥! With high demand, low inventory, and rising prices, it’s a competitive market for buyers. But with a strong rental market and urban revitalization, there are still good opportunities for investors.

  1. High demand: The Columbia real estate market has seen strong demand in recent years, driven by factors such as low interest rates, a growing economy, and a desirable quality of life.
  1. Low inventory: Despite high demand, there is a shortage of available housing inventory in Columbia, which has driven up prices and created a competitive market for buyers.
  1. Rising home prices: Home prices in Columbia have been on the rise in recent years, with the median home price increasing by over 10% year-over-year. This has created challenges for first-time buyers and low-income households.
  1. Strong rental market: With high home prices and low inventory, the rental market in Columbia has remained strong, providing an alternative for those who are unable or unwilling to purchase a home
  1. Urban revitalization: The city of Columbia has been undergoing a revitalization in recent years, with new developments and renovations of historic buildings bringing new life to the downtown area. This has made the city an increasingly attractive place to live and invest in real estate.
  1. Good investment opportunities: With strong demand and rising home prices, Columbia offers good opportunities for real estate investors. The rental market in particular has been a popular choice for investors seeking to generate passive income.

It’s important to note that the real estate market can change quickly and is impacted by many factors, including economic conditions, interest rates, and demographic trends. It’s always a good idea to consult with a local real estate agent or expert for the latest information and insights on the market. ColumbiaSCRealEstate #HotHousingMarket #RealEstateInvesting #RentalMarket #UrbanRevitalization”

Where Will You Go If You Sell? You Have Options.

Where Will You Go If You Sell? You Have Options. | MyKCM

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next. So? Where Will You Go If You Sell? You Have Options.

In today’s market, it makes sense to explore all your options. That includes both homes that have been lived in before as well as newly built ones. To help you decide which is right for you, let’s compare the benefits of each. Regardless of which option you choose to explore, working with a trusted real estate professional throughout the process is essential.

The Benefits of Newly Built Homes

First, let’s look at the benefits of purchasing a newly constructed home. With a brand-new house, you’ll be able to:

1. Build your dream home

If you build a home from the ground up, you’ll have the option to select the custom features you want, including appliances, finishes, landscaping, layout, and more. Bankrate puts it like this:

“Building means customizing. . . . instead of wishing your home had a certain kind of flooring, a sunroom or some other special amenity, you’ll be able to tailor the property to your exact needs. You also won’t be limited to a specific location or neighborhood.”

2. Take advantage of builder concessions

In today’s market, a lot of home builders are working hard to sell their current inventory before they add more to their mix. That means many of them are offering concessions and are more willing to negotiate with buyers. That could work to your advantage in the process.

3. Minimize home repairs

Many builders offer a warranty, so you’ll have peace of mind on unlikely repairs. Plus, you won’t have as many little improvement projects to tackle. As realtor.com says:

“. . . if something goes wrong with your new home, not only are there likely some manufacturer warranties in place, but many builders also include additional home warranties . . .”

4. Take advantage of energy efficiency

When building a home, you can choose brand-new, energy-efficient options to help lower your utility costs, protect the environment, and reduce your carbon footprint.

The Benefits of Existing Homes

Now, let’s compare those to the perks that come with buying an existing home. With a pre-existing home, you can:

1. Explore a wider variety of home styles and floorplans

With decades of homes to choose from, you’ll have a broader range of floorplans and designs available.

2. Appreciate that lived-in charm

The character of older homes is hard to reproduce. If you value timeless craftsmanship or design elements, you may prefer an existing home.

3. Join an established neighborhood

Existing homes give you the option to get to know the neighborhood, community, or traffic patterns before you commit. Plus, they have more developed landscaping and trees, which can give you additional privacy and curb appeal.

4. Move in faster

If you have a short timeframe to move or you just don’t want the process to take several months while your home is under construction, buying an existing home might make sense for you. U.S. News explains:

“When you’re choosing a home, existing or new, you should also consider how long it might take to move into that home. Just because you have a contract doesn’t mean that your new home will be completed (or even started) at the time you agree to the purchase. It can be a struggle waiting for the walls to go up as you wonder what your home will become.”

When thinking about where you’ll go after you sell your house, remember your options. As you start your search, think about what’s most important to you. By working with a trusted real estate agent, you can be confident you’re making the most educated, informed decision.

Bottom Line: If you have questions about the options in our area, let’s discuss what’s available and what’s right for you, so you’re ready to make your next move with confidence.

Home ownership Builds Wealth Over Time

Advantages of Buying A Home Today

Key Advantages of Buying a Home Today | MyKCM

Advantages of Buying a Home Today

There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising mortgage rates.

Buying a home in any market is a personal decision, and the best way to make that decision is to educate yourself on the facts, not following sensationalized headlines in the news today.  The reality is, headlines do more to terrify people thinking about buying a home than they do to clarify what’s actually going on with real estate.

Here are three reasons potential homebuyers should consider buying a home today.

1. More Homes Are for Sale Right Now

According to data from the National Association of Realtors (NAR), this year, the supply of homes for sale has grown significantly compared to where we started the year (see graph below):

Key Advantages of Buying a Home Today | MyKCM

This growth has happened for two reasons: homeowners listing their homes for sale and homes staying on the market a bit longer as buyer demand has moderated in response to higher mortgage rates.

The good news for you is that more inventory means more homes to choose from. And when there are more homes on the market, you could also see less competition from other buyers because the peak frenzy of competing over the same home has eased too.

2. Home Prices Are Not Projected To Crash

Experts don’t believe home prices will crash like they did in 2008. Instead, home prices will moderate at various levels depending on the local market and the factors, like supply and demand, at play in that area. That’s why some experts are calling for slight appreciation and others are calling for slight depreciation (see graph below):

Key Advantages of Buying a Home Today | MyKCM

If you consider the big picture and average the expert forecasts for 2023 together, the expectation is for relatively flat or neutral price appreciation next year. So, if you’re worried about buying a home because you’re afraid home prices will crash like they did in 2008, rest assured that’s not what expert projections tell us.

3. Mortgage Rates Have Risen, but They Will Come Down

While mortgage rates have risen dramatically this year, the rapid increases we’ve seen have moderated in recent weeks as early signs hint that inflation may be easing slightly. Where they’ll go from here largely depends on what happens next with inflation. If inflation does truly begin to cool, mortgage rates may come down as a result.

When that happens, expect more buyers to jump back into the market. For you, that means you’ll once again face more competition. Buying your house now before more buyers reenter the market could help you get one step ahead. As Lawrence Yun, Chief Economist for NAR, says:

The upcoming months should see a return of buyers, as mortgage rates appear to have already peaked and have been coming down since mid-November.”

When mortgage rates come down, those waiting on the sidelines will jump back in. Your advantage is getting in before they do.

Bottom Line

If you’re thinking about buying a home, you should seriously consider the advantages today’s market offers. Let’s connect so you can make the dream of homeownership a reality.