Columbia, SC Richland County Treasury Delinquent Tax Sale
Tough economic times are certainly hitting a larger number of homeowners in the midlands where it hurts because I have not seen the list of delinquent taxes on residences this long before.
On Monday, December 7, the Richland County Treasury will sell to the highest bidders over 3,800 homes. This is up from over 3,300 last year. 
All homes will be auctioned off as-is for cash at the Richland County Council Chambers location at 2020 Hampton Street in Columbia. The auction starts at 10 am and will carry forward daily until all homes are sold.
The properties will be auctioned off in alphabetical order according to the owner's last name. Properties and details of the sale can be viewed at www.rcgov.us.
Bidders need to pre-register at the Treasurer's office and pay the $10.00 fee. All bidders must be registered and their fee paid or they will not be allowed in the doors.
Be very careful. The purchaser of property at a tax sale acquires the title without warranty and buys at their own risk. It is recommended that the property be viewed prior to bidding.
Terry Edwards www.FeaturedColumbiaHomes.com
Columbia SC $8,000 Homebuyer Tax Credit And The Trickle-Down Effect
I have not been an advocate of this Federal tax credit because I don't believe in government handouts.....receiving tax dollars for doing nothing. But I'm changing my mind.
After completing a recent short sale with Citi Mortgage I began to examine where all this money was put to good use. 
The home buyer used roughly $6,000 of the credit to put toward the down payment and closing costs of the loan. This supplied work for the loan officer, the home appraiser, the underwriter of the loan, and various unforeseen employees at the mortgage company. Included in the closing costs was the work given to the Heating and Air company, the Pest Control company (termite inspection) and the Home Inspector. Associated with each of these are their respective receptionists and accounts payable/receivables personnel.
Work was also supplied to the closing attorney and his staff (paralegal, receptionist, and office personnel) the title insurance company and the Richland County tax office for graciously accepting payment for the transaction.
After the closing the soon-to-be University of South Carolina grad home buyer went to Lowe's and purchased new locks for her house plus buckets of paint and miscellaneous hardware for her new home. She also picked out some nice new appliances and this helped keep store employees employed. The next day two Lowe's delivery men installed the new appliances at the house. This almost took care of the remaining $2,000, but wait....there's more.
Our government has made the filing for the tax credit a little complicated so the buyer went to a tax preparer to complete the 1040X and Form 5405 so she could mail in her amended 2008 Income Tax Return and receive her $8,000 First Time Homebuyer Tax Credit. This gave additional business to both employees of the tax office. Ya gotta love helping the local small business owner.
That's a lot of trickle down that is spread over a wide area of our economy. We can also include the utility companies for supplying power, water and cable services to the home plus the convenience stores for selling everyone involved gasoline for their vehicles and the fast food restaurants for lunches. Everyone listed in this article are benefactors of a single home sale and are our neighbors here in Columbia.
Who would have thought such staggering numbers would be involved in the purchase of a starter home.
I'm quickly changing my mind about this government handout.
Contact me for a current list of homes for sale in the Columbia area
Terry Edwards Russell & Jeffcoat Realtors
tedwards@sc.rr.com www.FeaturedColumbiaHomes.com
East Lake Melrose Heights Shandon Rosewood Forest Acres Arcadia Lakes The Pines
and all the great neighborhoods that make up our city
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$8,000 Homebuyer Tax Credit And The Trickle-Down Effect
East Lake Homes For Sale In Columbia SC
The East Lake subdivision in southeast Columbia was built in different phases from 2001 through 2006. The neighborhood is located just off Garners Ferry Road near the Veteran's Hospital and I-77.
This is a sample of the homes currently for sale in East Lake
There are currently 14 homes for sale in East Lake ranging from a 1250 square foot one story home to a huge 2600 SF two story that has 5 bedrooms and 2 1/2 baths. These homes are priced from $115,000 to $169,900. The neighborhood is zoned for Richland school district one and students will attend Meadowfield Elementary, Hand Middle School and Dreher High School.
Contact me for a current list of homes for sale in the East Lake area
Terry Edwards Russell & Jeffcoat Realtors
tedwards@sc.rr.com www.FeaturedColumbiaHomes.com
East Lake Melrose Heights Shandon Rosewood Forest Acres Arcadia Lakes
and all the great neighborhoods that make up our city
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East Lake Homes For Sale In Columbia SC
Columbia SC This past weekend McEntire Joint National Guard Base sponsored an airshow that featured dozens of military planes and ground vehicles and the Golden Knights paratroopers.
About 1,200 men and women train at the base that is the home of the 169th Fighter Wing.
The SC Air National Guard has flown F-16s since 1983, with over 2,600 combat missions in Iraq and Afghanistan.
Saturday was a beautiful clear sunny day for the event but unfortunately I went on Sunday with a 900' cloud ceiling and the air show was limited.
That didn't stop me from climbing in the planes and getting some great shots.
It's hard to believe that some of these large cargo planes can make it off the ground.
As you can see there were a lot of families out enjoying the show
There was no entrance or parking fee and all expenses were covered by concession sales. We enjoyed our share of burgers and hot pretzels.
No true airshow would be complete without a P-51 Mustang or two
Finally the clouds broke up partially and some smaller planes took to the air
This was a nice surprise. I have never seen a custom chopper at an air show before.
No story would be complete without a little bathroom humor. (Courtesy of Nature's Calling)
Terry Edwards Russell & Jeffcoat Realtors
Columbia SC Homes For Sale In Melrose Heights, Columbia SC
Melrose Heights is an in town community consisting of mainly Carpenter and Bungalow style homes on tree lined streets. Located just off Millwood Avenue it is only 5 minutes away from the heart of downtown Columbia and The Vista.
So far this year 6 homes have sold in Melrose Heights ranging in price from $140K to $416K.
Here is a sample of homes currently for sale in the neighborhood.
These homes are priced between $156K and $300K
The neighborhood features a park with a community center that has after school children's programs
The neighborhood is served by Brennen Elementary, Crayton Middle and AC Flora High Schools.
Terry Edwards Russell & Jeffcoat Realtors
Contact me for a current list of homes for sale in the downtown area
tedwards@sc.rr.com www.FeaturedColumbiaHomes.com
Melrose Heights Shandon Rosewood Forest Acres Arcadia Lakes
and all the great neighborhoods that make up our city
Please bookmark this page for future updates
ABR serving the Greater Columbia, SC area for Russell & Jeffcoat Realtors. www.FeaturedColumbiaHomes.com
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Assisting sellers of residential properties and buyers of new and existing homes. I enjoy the detailed behind-the-scenes work that is required for every successful closing.
Recent testimonial from one of my clients:
"I recently had the pleasure of working with Terry Edwards as my real estate agent. I moved to the western United States and needed an agent that I could trust to represent me during all phases of selling my home in Columbia. When Terry showed up with paperwork pertinent to my home, comparables, and camera in hand, I knew that I had found the professional I needed! He efficiently went through the home measuring and taking pictures. He had all forms ready for my signature, and the next day I was on the plane home, confident that Terry would take care of everything. He found the people necessary to prep and maintain the home during the listing, and he kept me updated on everything. If I had any questions, he would promptly return phone calls or emails. Once a buyer was found, I even gave him the power of attorney to sign all paperwork to close the sale. As with the sale of any home, when little problems arose he quickly responded with help. Terry handled everything with my total satisfaction, and I would recommend him to anyone desiring a competent agent that is capable of taking care of the entire home selling process."
Vicki C.
Phoenix, Arizona
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