Sunday, November 22, 2009

Summerville SC Video!

Get a glimpse of beautiful Summerville, SC with this video!  Close to historic Charleston, two military bases, the new Boeing plant site and area beaches.  Summerville has a small town feel and lots of southern charm with all the modern conveniences!  This video doesn't even begin to cover all that Summerville has to offer!

For more information visit my site at http://www.summervillerealestateonline.com/  or contact me directly at mpettis@century21properties.com or (843) 860-3901

Kind Regards,
Maria Pettis
Realtor, ePRO

Wednesday, November 11, 2009

Happy Veteran's Day!

With two military bases within the Charleston area, it's pretty fair to say we are a military community.  Many active duty service men and woman are stationed at either the Charleston Air Force Base or the Naval Weapons Station.  Plus with our fabulous climate, our many conveniences and the natural beauty of the Lowcountry, lots of retirees call this area home as well.

I just wanted to take a moment to honor all the men and women, past and present, who have served this great country of ours.  I would like to also acknowledge my favorite veteran, my husband Mike, who served 20 years in the United States Navy!  You guys have a tough job that we can never say "thank you" enough for!

God Bless America and all of you who have served!

Maria Pettis
Realtor, e-Pro
843-860-3901
mpettis@century21properties.com
http://www.summervillerealestateonline.com/

Thursday, November 5, 2009

Extention and Expansion of Home Buyer Tax Credit Passes!

Great news for both home buyers and sellers!  The House and Senate have now both passed the extension and expansion of the home buyer tax credit.  All that remains is for President Obama to sign it.

The previous tax credit for first time buyers remains intact.  These buyers will still receive up to $8000.  A first time buyer is defined as anyone who has not owned a home for the last three years.

The new bill has expanded the tax credit to include current home owners, who can receive up to $6500.  To qualify, current home owners have to have used the home being sold as their primary residence for 5 consecutive years out of the last 8. 

In either case, the income limits have been raised to $125,000 for single folks and $225,000 for married couples.  A binding contract must be in effect by April 30, 2010 and you will have until July 1, 2010 to actually close on the property.

The extension is great for home buyers for obvious reasons, but home sellers will also reap benefits.  The previous tax credit definitely seemed to help give a boost to the Charleston area real estate market over the last several months with many first time buyers looking for entry level, affordably priced homes.  The new extension/expansion will hopefully help the mid to upper level price range as well now that current home owners needing more space or looking to trade up are able to take advantage of the tax credit as well.  It could also help soften the blow for some folks who may have to sell at a slight loss in order to trade up.

For more information about the tax credit or the Charleston/Summerville Real Estate Market, please feel free to contact me. You can also read more at www.realtor.org/RMODaily.nsf/pages/News2009110501?OpenDocument&WT.cg_n=RMO&WT.cg_s=RSSDaily

Maria Pettis
Realtor, e-Pro
mpettis@century21properties.com
(843) 860-3901
http://www.summervillerealestateonline.com/