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Columbia, SC
Bank of America Mortgage now offers a Borrowers Protection Plan at no cost to the homeowner. This plan covers borrowers in the event of disability, job loss and hospitalization.
This program is available on new mortgages and takes effect 90 days after the closing. It will cover up to
12 principal and interest payments and borrowers will have the option of extending the plan beyond the initial period.
It's always nice to receive a freebie and this gesture to homeowners from Bank of America shows their commitment to the mortgage industry.
Terry Edwards www.FeaturedColumbiaHomes.com
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Before you start searching for your dream home, you first need to determine a price range you can afford. According to the Federal Housing Administration (FHA), depending on the consumer's current debt ratio, most people can typically afford to pay 31 percent of their gross monthly income for mortgage payments. For example, if you earn $50,000 annually, then your monthly income is about $4,167. Thirty-one percent of that is $1,292.
There are several online tools to calculate a monthly mortgage you can afford using factors such as your current monthly expenses, down payment and the interest rate. You can also work with a lender to get pre-qualified for a loan. This estimate will help you gauge how much money you may be able to borrow and the monthly mortgage payments.
However, the amount you are able to afford for a home loan should not be your only consideration for determining your price range. With homeownership come other housing expenses. Utilities, Taxes, Association Dues, Maintenance, Insurance, Remodeling/Upgrades
By determining all the costs associated with homeownership, you can go into your home search with a reasonable price range that will allow you stay within your budget.
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Harvest Hope food bank, Columbia SC
Free concert sponsored by New 92 for the badly needed shelves of our Columbia SC food bank. This is the time of the year that they most need the shelves stocked. Fresh produce is at a minimum for them and thus they rely heavily on canned goods.
FREE CONCERT!
Where...Ozzies Island Oasis on November 23Rd at 2PM. (1420 Charleston HWY, West Columbia SC 29169)
Who....
Sarah Buxton (wow), Darryl Woorley, Adam Gregory and Joey and Rory.
Cost...FREE... Food(non perishable) or cash donation to Harvest Hope is requested. After all that is why they are doing this fun family event.
Bundle up as It will be chilly. But bring a bag of can goods and enjoy the music and fun. There will be a fun family play area! And you get to see Sarah Buxton!
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Search Columbia Homes For sale
New Homes From the $120's
Convenient to Fort Jackson, Shaw Airforce Base, McEntire and The City of Columbia
Greay Military Incentives:
$5000 in upgrades and options or Get $5000 off the price of the house
Search Columbia Homes For Sale
Contact me today for more details
dmeade@kw.com
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