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New 2010 Palmetto Heroes Program Provided by Janet Gaglione”The Mortgage Lady” 803-835-8922 Janet.Gaglione@scbtonline.com
POLICE OFFICERS-FIRE FIGHTERS-EMS-TEACHERS
2010 PALMETTO HEROES PROGRAM. The Heroes–
Borrower must be a full-time police officer with state or local government agency includingFire Fighters and EMS government agency- Borrower must be a full-time or volunteer fire fighter or EMS with a state or local- Borrower must have a South Carolina Teachers Certification and be employed as a classroom teacher–The fixed interest rate will be 5.125- Up to $7,000 Repayable Down Payment Assistance has an interest rate of 4% and payments will begin the third anniversary of the first- $7,000 Forgivable Down Payment Assistancerequires the borrower to live in the purchased property for five years in order for theNON-TARGETED COUNTIESa Non-Targeted County must not have had ownershipTargeted CountiesTargeted County must not have ownership interestwww.schousing.com under First-Homebuyerwww.schousing.
SOUTH CAROLINA STATE HOUSING FINANCE AND DEVELOPMENT AUTHORITY
ANNOUNCES…
THE 2010 PALMETTO HEROES PROGRAM
For SC State Housing Authority is excited to announce our selected for the 2010 initiative are “Police Officers – Fire Fighters – EMS – Teachers”. Borrower(s) must meet State Housings First-Time Homebuyer requirements. The program Features a reduced mortgage interest rate and downpayment assistance is available. The Funding will be limited to $40 million. Loans are available on a first come first served basis and borrowers must have an accepted sales contract on a home prior to reserving funds. All State Housing loan policies and procedures will be in affect for this program. See our program guides and manual forspecific loan details.
Police Officers correctional officers with the South Carolina State Department of Corrections
Teachers or have a contract to receive a paycheck begin teaching within 60 days of closing on the home.
INTEREST RATE
DOWN PAYMENT ASSISTANCE
Category I
$7,000 Repayable Loan payment on the first mortgage.
The payment on $7,000.00 will be $128.92 per month for 5 years.
The payment on $6,000.00 will be $110.50 per month for 5 years
The payment on $5,000.00 will be $92.08 per month for 5 years
Category I I
$7,000 Forgivable Loan
loan to be completely forgiven. The loan must be repaid if the Borrower(s) fails to remain in the property for a minimum of 60 months. (20% of the loan amount is forgiven each year)
INCOME AND HOUSE PRICE LIMITS
See Income Charts for maximum house prices and income limits.
FIRST TIME HOMEBUYER REQUIREMENTS
•Borrower(s) buying a home in interest in a principle residence in the past three years.
•The Borrower(s) buying a home in a in a principal residence at the time of closing.
See charts below for a list of Targeted and Non-Targeted Counties, income charts and maximum
sales price limits
Rates are subject to change due to Market Conditions
INCOME CATEGORIES AND MAXIMUM HOME PRICES
CATEGORY I CATEGORY II CATEGORY III
NON-TARGETED
See Category II or III Charts for 3 or more Persons 2009
1 or 2
Person(s) 3 or MorePersons
Home
Price 1 Person 2 Persons 1 Person 2 Persons Home Price
Aiken $55,500 $63,825 $225,000 $31,100 $35,500 $19,450 $22,200 $202,500
Anderson $53,800 $61,870 $225,000 $30,750 $35,150 $19,200 $21,950 $202,500
Charleston $60,300 $69,345 $255,000 $33,800 $38,600 $21,100 $24,100 $229,000
Greenville $57,200 $65,780 $225,000 $32,050 $36,600 $20,000 $22,900 $202,500
Greenwood $53,400 $61,410 $225,000 $29,900 $34,150 $18,700 $21,350 $202,500Lancaster $50,700 $58,305 $225,000 $28,400 $32,450 $17,750 $20,300 $202,500
Lexington $62,100 $71,415 $225,000 $34,800 $39,750 $21,750 $24,850 $202,500
Oconee $55,100 $63,365 $225,000 $30,850 $35,300 $19,300 $22,050 $202,500
Pickens $57,200 $65,780 $225,000 $32,050 $36,600 $20,000 $22,900 $202,500
Richland $62,100 $71,415 $225,000 $34,800 $39,750 $21,750 $24,850 $202,500
Spartanburg $55,100 $63,365 $225,000 $30,850 $35,300 $19,300 $22,050 $202,500
York $66,500 $76,475 $231,000 $37,250 $42,550 $23,300 $26,600 $208,000
TARGETED
See Category II or III Charts for 3 or more Persons
2009
1 or 2
Person(s)
3 or More
Persons
Home
Price 1 Person 2 Persons 1 Person 2 Persons Home Price
Barnwell $66,000 $77,000 $225,000 $32,750 $37,450 $20,500 $23,400 $202,500
Beaufort $79,080 $92,260 $285,000 $36,900 $42,150 $23,050 $26,350 $255,000
Berkeley $72,360 $84,420 $255,000 $33,800 $38,600 $21,100 $24,100 $229,000
Calhoun $66,000 $77,000 $225,000 $34,800 $39,750 $21,750 $24,850 $202,500
Cherokee $66,000 $77,000 $225,000 $30,750 $35,150 $19,200 $21,950 $202,500
Dorchester $72,360 $84,420 $255,000 $33,800 $38,600 $21,100 $24,100 $229,000
Edgefield $66,000 $77,000 $225,000 $31,100 $35,500 $19,450 $22,200 $202,500
Fairfield $66,000 $77,000 $225,000 $34,800 $39,750 $21,750 $24,850 $202,500
Florence $66.000 $77,000 $225,000 $28,100 $32,100 $17,550 $20,100 $202,500
Georgetown $66,000 $77,000 $225,000 $29,700 $33,900 $18,550 $21,200 $202,500
Horry $66,000 $77,000 $225,000 $29,350 $33,500 $18,350 $20,950 $202,500
Jasper $66,000 $77,000 $285,000 $27,100 $30,950 $16,950 $19,350 $255,000
Kershaw $67,080 $78,260 $225,000 $31,300 $35,750 $19,550 $22,350 $202,500
Laurens $66,000 $77,000 $225,000 $27,850 $31,800 $17,400 $19,900 $202,500
Newberry $66,000 $77,000 $225,000 $28,300 $32,300 $17,700 $20,200 $202,500
Saluda $66,000 $77,000 $225,000 $34,800 $39,750 $21,750 $24,850 $202,500
ALL Others $66,000 $77,000 $225,000 $27,100 $30,950 $16,950 $19,350 $202,500
Expanded Income Charts can be found at
For more information on other State Housing Products see our website at
Century 21 Convention and Awards 2-22-2010
Experience the Difference in Real Estate Service!
Century 21 First Choice’s top agents made their way up on the stage to recieve awards. Pete Hall, Broker recieved the Gold Medallion and Quality Service awards.
The Linda Hall Team recieved:
*Centurion Team
*President’s Team
*Quality Service Pinnacle Team
Alex Dewey recieved Master Ruby and Quality Service
Carmen Miller recieved Masters Emerald and Quality Service
Debbie Taylor and Team recieved Masters Emerald and Quality Service
Jessica Sulllivan recieved Quality Service
Kellye Coltharp recieved Quality Service Pinnacle
Laura Pogue recieved Master Emerald and Quality Service
Congratulations to all the agents!
Attorney’s Advice-Not a Joke
Read this and make a copy for your files. You may need these helpful tips one day.
1.Do not sign the back of your credit cards. Instead put ‘photo ID required.’
2. When you are writing checks to pay on your credit card account, Do not put the complete account number on the ‘For line’. The credit card company knows the rest of the number, and anyone who might be handling your check as it passes through all the check processing channels won’t have access to it.
3. Put your work phone number on your checks instead of your home phone. If you have a PO Box use that instead of your home address. If you do not have PO Box, use your work address. Never have your SS# printed on your checks. You can add it if it is necessary. But if you have it printed, anyone can get it.
4. Place the contents of your wallet on a photocopy machine. Do both sides of each license, credit card, etc. You will know what you had in your wallet and all of the account numbers and phone numbers to call and cancel. Keep the photocopy in a safe place.
Always carry a photocopy of your passport when traveling either here or abroad. We have all heard horror stories about fraud that’s committed on us in stealing a name, address, social security, and credit cards. If someone steals your information, here is some critical information to limit the damage.
5. We have been told we should cancel our credit cards immediately. But the key is having the toll free numbers and your card numbers handy so you know whom to call. Keep those where you can find them.
6.File a police report immediately in the jurisdiction where your credit cards, etc., were stolen. This proves to credit providers you were diligent, and it this is a first step toward an investigation (if there ever is one).
But here is what is perhaps most important of all:
7. Call the three national credit reporting organizations immediately to place a fraud alert on your name and also call the social security fraud line number. The alert means any company that checks credit knows your information was stolen, and they have to contact you by phone to authorize new credit.
Fort Mill Care Center
Century 21 First Choice wants to thank you for all the donations for the Fort Mill Care Center! Close to 400lbs of food have been dropped off for the families in need. We are going to continue to collect through the Christmas holiday. Any donations are appreciated.
Thank you again!!
Happy Thanksgiving!! Successful First Annual Pie Giveaway!!
Successful pie giveaway
A Heartfelt Thanks
to all our customers, both past and present!
As a token of our appreciation, enjoy a delicious Apple or Pumpkin Pie!*
Reserve your pie no later than
November 16th. Simply e-mail us at sales@lindahall.com or call us at
Happy Thanksgiving
From
