Andrea Parler, Buyer's Agent

Drew Sineath & Associates took four new listings in January and have several more getting ready to hit the market over the next two weeks in February.  Upcoming listings include: 302 Swamp Fox Lane an awesome 1-story brick ranch in Foxborough for $119,900; 7920 Parklane Court, a condo in The Park at Rivers Edge in North Charleston for $79,900 and 422 Thomaston Avenue in Brandy Mill Subdivision for $205,000 with over 2,200 square feet. Also be on the lookout for more information on these great new listings: 3612 Woodscape Court in Johns Island, 4003 Radcliffe Place Drive Unit B3, a condo in West Ashley and 2025 Wildflower Lane, a cute one story home in Cantebury Woods in West Ashley and two in Crowfield Plantation: 112 N. Pembroke Drive in the Pembroke Subsection of Crowfield and 139 W. Hartwick Lane in the Stonehurst subsection of Crowfield.

Kristen Lanier, Listing/Marketing Coordinator

The total number of listings on the market decreased at the beginning of 2010 compared to 2009 by almost 14% brining our total inventory down to close to a 12-month supply. A balanced market only has a 5-6 month supply of homes available. And while we are clearly still in a “buyers market” the inventory numbers are starting to reflect a more balanced picture in the market.  Affordable home prices, low interest rates and the first-time home buyers tax credit has all helped reduce supply. We are actually starting to see dual offers being made on several of our listings!

We are looking to possibly move our event schedule around for 2010. Originally we planned to attend the Flowertown Festival in March and do our HomeBuyer Workshop in May. We are looking to move up the homebuyer workshop to March. We’ll keep you posted! Make sure to follow us on Facebook, Linked In, Active Rain and Twitter. As always stay safe and be blessed!

Receive a free real time report to answer all your Charleston area real estate questions with Drew Sineath & Associates’ Market Snapshot.  

Click here to search for properties in the Charleston area.

Drew Sineath – A Familiar Face…And a Rich Lowcountry Heritage Drew Sineath & Associates, Inc., is located in the heart of Goose Creek where Drew grew up and where he has chosen to rear his own family. Berkeley County is one of the fastest growing areas in SouthCarolina and Drew is pleased to be able to serve his clients in helping with all their real estate and mortgage needs. So when you have any real estate needs, whether you’re looking to buy, sell, finance or refinance, Drew Sineath& Associates is now a local one-stop location with excellent service.

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Volume 6, Jan. 22, 2010

Welcome to the sixth edition of Drew Sineath’s “Up the Creek,” a bi-weekly community newsletter with the latest and greatest on what’s going on in Goose Creek and the rest of the Lowcountry. “Up the Creek” is the paddle to navigating your weekend activities. Find community events, garage sales, new business openings, community news, and an update of the real estate market in the Creek all in one place. We hope you find this information helpful. Enjoy… 

Charleston Symphony Orchestra January Events
01/16/2010 – 01/31/2010
See what the Charleston Symphony Orchestra has in store for January!

Theatre 99 and Charleston City Paper Present the 7th Annual Charleston Comedy Festival
01/20/2010 – 01/23/2010
Some of the country’s hottest improv, sketch, and stand-up artists will descend upon Charleston, S.C., for what has become the annual event you don’t want to miss!

White Tuxedo Productions presents RENT The Musical
01/21/2010 – 02/14/2010
Pulitzer and Tony Award winning musical tells the story of one year in the life of a group of bohemians struggling in modern day East Village New York.

30th Annual Charleston Boat Show
01/22/2010 – 01/24/2010
Over the last 30 years, the Charleston Boat Show has established itself as the premier Boat Show in South Carolina, and a must attend event for boating enthusiasts in the Lowcountry.

1st Annual Healthy Wealthy Wise Event

Join us Saturday January 23rd for Healthy Wealthy & Wise 2010.  A day full of great offers and deals and great information all designed with you in mind – to live a healthier and more prosperous new year! 10am to 3pm at the Sheraton Hotel Ballrooms..I-26 & Montague, North Charleston.   Admission is FREE!  For more information call 343-8511, 343-8511. 

27th Annual Lowcountry Oyster Festival “The World’s Largest Oyster Festival” 

1/31/10 at Boone Hall Plantation

The Charleston, SC region finished 2009 with 8,736 sales—up 1.0 percent from 2008. Supply was a different story in 2009 as the 19,111 new listings represented a drop of 3.1 percent from 2008. Strong sales and falling supply have helped bring the Months Supply of Inventory down to 12.8, a decline of 13.6 percent from a year ago and a sign that the market is moving slowly back towards equilibrium.

For more good news for Charleston SC read our blog Seven Signs that Charleston SC is Still Thriving.

Drew Sineath & Associates Kicks Off 2010 with a Bang

Happy New Year! Drew Sineath & Associates is already off to a very fast start with 3 new listings just last week.

 307 Greens Court, located in the new Brickhope Greens in Goose Creek, SC, is a beautiful like-new one story rancher located on a cul-de-sac with a pond view. This 1480 sq ft, 3 bedroom, 2 bath home with an open floor plan will be available mid January.

36 Indigo Lane, located in the highly desirable Crowfield Plantation in Goose Creek, SC, is a move-in ready townhome with beautiful parquet floors, built-in bookshelves around a stunning fireplace, dual master bedrooms, and a courtyard complete with a gazebo.  Look for this beauty to hit the market next week.

3612 Woodscape Court, located in Winnsboro Lakes on Johns Island, SC, is a great 3 bedroom, 2 bath, home with an added bonus room. This home has hardwood floors downstairs and tile countertops in the kitchen as well as a back deck, privacy fenced yard, and a large lot bordered by wetlands. Privacy and comfort are the two words that come to mind with this home. Look for it to hit the market at the end of the month.

This is the first look at these new listings. The information will hit the multiple listing service in a few weeks as the sellers are looking to tie up some loose ends.

Our Market Snapshot feature is really beginning to take off. If you haven’t taken advantage of this wonderful service please click on the Market Snapshot button on the menu bar for more details. This service allows sellers to stay up on what homes are selling for and how quickly they are selling while allowing buyers to keep a watchful eye out for the right property! To learn more about this product please call us today at 843.725.1200.

We had a fabulous 2009 with over 63 transaction sides closed for over $11 million in sales. This concluded my best year in the business. We had a very successful 3^rd Annual Fall Festival with over 1,400 attendees, raising over 1,100 pounds of food and $400 in cash for the Helping Hands of Goose Creek. We added a new buyer’s representative, Andrea Parler, over the summer. We also administered our first ever Home Buyer Seminar. We had 29 attendees. Of the 29 attendees, three of these buyers have already purchased a home!

We have set the bar high for 2010. We are setting a goal of over 90 transaction sides closed for over $16 million. We will once again host our annual Fall Festival, October 23, 2010. We will also administer a Home Buyer Seminar, May 8, in connection with Family Services at the Goose Creek Recreation Center. We have also planned outdoor events starting this week. Drew Sineath & Associates will be at the 1^st Annual Riverfront Race Festival in North Charleston this Friday from 5-8. If you plan to race this Saturday come out Friday to pick up your packet early and stop by our booth. We will have a fantastic giveaway and some great things to do for the kids. So COME BY!

Drew Sineath & Associates will be attending the annual Flowertown Festival in Summerville for the first time this year. The event is in March this year for the first time, running from March 26-28. Come by our booth for some great door prizes and activities! Our final event before the Fall Festival will be the final Charleston Sprint Triathlon Series race in August. Stay tuned for more details.

We are very excited about what the New Year has in store for us. We look forward to growing and learning as a company. If we can help you in any way in 2010 please give us a call or send us an email. Please make sure to visit the website www.DrewSineath.com often for the latest on the real estate market and for what is going on in the Charleston SC area. Make sure to register for Market Snapshot. Thanks again for a wonderful 2009. I hope to see you soon! As always stay safe and be blessed!

Click here to learn about what mortgage programs are available in the Charleston area.

Drew Sineath & Associates’ Facebook Contest

Between now and January 15, 2010, become our fan on Facebook and post on your wall that you received Drew’s newsletter and be entered to win. The winner will be announced on Jan. 18, 2010. Click here to play now.

Receive a free real time report to answer all your Charleston area real estate questions with Drew Sineath & Associates’ Neighborhood Report.  

Click here to search for properties in the Charleston area.

Drew Sineath – A Familiar Face…And a Rich Lowcountry Heritage Drew Sineath & Associates, Inc., is located in the heart of Goose Creek where Drew grew up and where he has chosen to rear his own family. Berkeley County is one of the fastest growing areas in SouthCarolina and Drew is pleased to be able to serve his clients in helping with all their real estate and mortgage needs. So when you have any real estate needs, whether you’re looking to buy, sell, finance or refinance, Drew Sineath& Associates is now a local one-stop location with excellent service.

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In the current Charleston Regional Business Journal’s article, “Deals of the Year” seven clear signs that signify a striving, thriving Charleston, SC are examined.

1. Boeing’s decision to assemble Dreamliners in North Charleston launched the Lowcountry in the global business’s radar as the next-generation world class aerospace hub and create 4,000 jobs for the area. Boeing also bought Vought, the Dreamliner fuselage assembly plant in North Charleston, SC bringing this key supplier back in the Lowcountry.   
2. The State Ports Authority (SPA) manages to keep the world’s largest shipping line, Maersk, on board and calling on Charleston, SC until at least 2014. Along with this came the announcement, TBC Corp, the parent company of Tire Kingdom and other retail stores, to build a logistics center in the rural Jedburg and Carnival Cruise Lines announced it will begin offering cruises from Charleston. The SPA will be resigning the downtown Union Pier Cruise Terminal.
3. The Clemson University Restoration Institute in North Charleston was awarded a $45 million grant from the U.S. Department of Energy combined with $53 million matching funds to build a test facility for the “next generation” of wind turbines at the former Navy Base. This could make the Lowcountry a magnet for wind energy manufacturing jobs and allow Clemson University to offer its engineers the chance to do cutting-edge research.
4. SPA Signs Contract with New Chief Executive, Jim Newsome. Newsome has excellent international shipping credentials to help raise the Port of Charleston’s standing on the East Coast.
5. Congress approved the American Recovery and Reinvestment Act which funded a wide variety of projects that have helped local firms keep working, such as re-roofing of public housing and construction projects at the state’s military installations. It also directed $700 million to help SC state government, most of it for schools.
6. State Treasurer Converse Chellis pleads with State Budget and Control Board to support a $9.2 million loan to fix the 65 year old USS Laffey. The World War II ship nicknamed, “The Ship that Would Not Die” was in serious danger of sinking. The ship rest at Patriots Point, a huge tourist and revenue generator for the Lowcountry.
7. The Hollings Cancer Center received NCI designation from the National Cancer Institute along with $7.37 million to Hollings and MUSC. That amount is expected to spur an additional $20 million in research funding in the next five years. The recognition means Hollings can attract top researchers, who bring with them cutting-edge technology, clinical trials, and ideas.

The Lowcountry is making great stride in technological, industrial, and environmental innovation.   It has always been a great place to live and these seven “deals” made this year will only aid to the growth and economical recovery to the place we all love to call home.

Receive a free real time report to answer all your Charleston area real estate questions with Drew Sineath & Associates’ Neighborhood Report.  

Click here to search for properties in the Charleston area.

Drew Sineath – A Familiar Face…And a Rich Lowcountry Heritage Drew Sineath & Associates, Inc., is located in the heart of Goose Creek where Drew grew up and where he has chosen to rear his own family. Berkeley County is one of the fastest growing areas in South Carolina and Drew is pleased to be able to serve his clients in helping with all their real estate and mortgage needs. So when you have any real estate needs, whether you’re looking to buy, sell, finance or refinance, Drew Sineath & Associates is now a local one-stop location with excellent service.

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If you have not taken advantage of the $8,000 tax credit extension, then Goose Creek Realtor, Drew Sineath’s newest listing at 211 Barshay Drive in Summerville, SC is the perfect home for you. This 3 bedroom, 1 bath, 1014 square foot brick rancher is in move-in ready condition and perfect for the first time home buyer or small family. The kitchen has new tile counter tops and back splash. The freshly painted cabinets have new brushed nickel hardware. The eat-in-kitchen’s vinyl tile flooring makes for easy cleaning. Refrigerator is included. The master bedroom has double closets for extra storage. There are ceiling fans throughout the home. The large fenced backyard is perfect for kids and pets with an attached outdoor storage building for your tools and lawn equipment. There is a transferable termite bond.

This is great home and a great price. Centrally located to shopping, entertainment, and schools, and close to Historic Downtown Summerville SC this home is a must see. Summerville, SC. Summerville is one of Greater Charleston’s real estate hot spots. The area has grown by more than 35% in the last five years, making it the fastest growing town in the state.

Summerville was given the name “Flowertown” because of it spectacular display of azaleas, camellias, and dogwoods each Spring. There is a central town park, Azalea Park, where the Flowertown Festival is held each year. This lovely park features butterfly reflection ponds, gazebos, walking trails and bridges, benches and picnic tables.

Summerville is home to great shopping with antique shops that line the main street. Many shops carry unique merchandise not found anywhere else in The Lowcountry. At the Summerville Farmers Market, everything from local produce, baked goods, and jellies and jams can be purchased. The Market operates from early Spring until late Fall every Saturday morning.

Summerville also has amazing schools. 211 Barshay Drive offers you the chance to experience this charming community at an unbelievable price. Come see it for yourself today. Hurry, at this price, this home will not last long.

Schools: Flowertown Elementary, Alston Middle School, Summerville High School

Drew Sineath – A Familiar Face…And a Rich Lowcountry Heritage Drew Sineath & Associates, Inc., is located in the heart of Goose Creek where Drew grew up and where he has chosen to rear his own family. Berkeley County is one of the fastest growing areas in South Carolina and Drew is pleased to be able to serve his clients in helping with all their real estate and mortgage needs. So when you have any real estate needs, whether you’re looking to buy, sell, finance or refinance, Drew Sineath & Associates is now a local one-stop location with excellent service.

          

We are seeing some great recovery signs in the real estate market. Nationwide, we saw an increase in home sales in October that we haven’t seen in several years. Some analyst are anxious to see if the market can stand on its own once the current $8,000 first-time buyer tax credit expires in June, 2010. Hopefully by then, we will continue to see job loss continuing to slow. The most recent report saw job loss decrease.

In Charleston, SC the area received some great news when Boeing announced a move that will initially create over 3,000 new jobs. We look forward to working with Boeing and its employees as they look to find homes in our great city.

According to multiple listings data, there have been 8,544 sales in 2009. This is only a difference of 14% from 2008, which is an increase from 33 % during the middle of 2009. We have seen some great activity in the months of October and November. At Drew Sineath & Associates, we closed 15 transactions in two months. Thanks to our wonderful clients and to all of those folks who have referred us business!

The average day on market for residential sales is only 103 days, while the average sales price is $229,647. Sales on homes selling under $100,000 is up over 12% in 2009 compared to 2008. We are also seeing overall inventory come down. With over 16 months of inventory on the market, just over 10,600 units, the absorption rate is lower now than this time last year. We saw a 19-month inventory of homes in December 2008. The seller is receiving on average 95% of their list price!

In Goose Creek, SC sales between $300,000-349,999 are up 44% in 2009! We are carrying almost exactly the same number of homes on the market now (617) as we did in December 2008 (616). How amazing is that! Sellers in Goose Creek are receiving 98% of their list price. The inventory is down to nine months in the areas of Goose Creek, SC according to stats pulled from MLS.

So don’t wait! If you are a buyer looking to buy – do it before prices and rates go up. Plus, you can receive an $8,000 tax credit through the middle part of the year if you are a first-time buyer.  A buyer must be under contract no later than April 30, 2010 and close by June 30, 2010. Click here for more details.

And don’t forget if you have a home to sell, you too can benefit from the tax credit. Sellers who have owned their home for five or more years may qualify to receive a $6,500 tax credit if they purchase a new home by the deadline (please consult a tax professional or call us with any questions).

Let Drew Sineath & Associates help you with your next real estate transaction, whether buying or selling. We want to be your real estate professional of choice whether you are in the market now, six months from now or in the years to come!  Please keep up with the market with our wonderful new Market Snapshot service. Visit www.DrewSineath.com to register.

Receive a free real time report to answer all your Charleston area real estate questions with Drew Sineath & Associates’ Market Snapshot.  

Click here to search for properties in the Charleston area.

Drew Sineath – A Familiar Face…And a Rich Lowcountry Heritage Drew Sineath & Associates, Inc., is located in the heart of Goose Creek where Drew grew up and where he has chosen to rear his own family. Berkeley County is one of the fastest growing areas in South Carolina and Drew is pleased to be able to serve his clients in helping with all their real estate and mortgage needs. So when you have any real estate needs, whether you’re looking to buy, sell, finance or refinance, Drew Sineath & Associates is now a local one-stop location with excellent service.

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When I decided to become an independent broker, I wanted to develop a new team concept not seen or matched by any other brokerage firm in Charleston. I wanted to have agents specializing in helping clients either buy or sell a home. This specialization would allow the agent to focus more on the client and to become an expert in that area. Not only am I the Broker-in-Charge/Owner, but I am also the team leader. We work as one agent rather than seperate agents within one company.

All too often we hear that people are unhappy with their agents. The biggest concern is almost always lack of communication. Our team concept allows us to overcome that objective by always having someone available to answer your questions. When you hire Drew Sineath & Associates, you hire the entire team — the specified agent, the marketing coordinator, the closing coordinator and the team leader. We all have actions in our well-designed action plans. We are always aware of what is going on for every client.

Hear from our past clients how our team can work for you:

• “It was so relaxing to allow your team to do its job. Professional service from start to finish.” – Timothy and Stephanie Hiott – Summerville, SC
• “Working with the Drew Sineath Team was a wonderful experience. They made me a part of the team.” – Robbie Johnson – Ladson, SC
• When you think about your real estate experience, what stands out most in your mind?
  Jeanne, our wonderful, cheerful buyer’s agent. We would recommend her to anyone! Drew Sineath and his team are excellent people. Jeanne passed on some good traits to me especially. If you want to buy or sell, there’s not a team around that could beat them!!!” – Ed and Bonnie Creson – Summerville
• “You cannot find a better team of professionals who know the Charleston market.” – Paul Kitchin & Christina Spinelli – Kiawah Island, SC
• “(The) entire team is friendly and easy to work with. During the entire process, I alway felt like my listing was a No. 1 priority . ” – Joyce Aveyard – Madison, AL
• “After meeting Drew, we felt confident he had the expertise to sell our home. He is extremely professional as is his team. You aren’t just getting Drew, but an experienced and knowledgeable team who worked hard to sell our home. ” – Lynn and Alan Anstine – Bracey, VA
• “Working with the team felt like we were working with friends. Drew even called us the day after we closed to see how everything was!” – Adam and Shaina Mims – Summerville, SC
• “ When you think about your real estate experience, what stands out most in your mind?
  Having Drew’s whole team working with us. ” – Jason and Pam Hutto – Summerville, SC
• “Great cohesiveness and coordination between team members. I especially appreciated the fact that each member seemed to be aware of the progress toward the goal established. Thanks to you all for a very pleasant experience and a job well done.” – David and May Jackson – Goose Creek, SC
• “As first time home buyers, Drew Sineath’s team made our experience wonderful. They explained everything to us. We will recommend this group to anyone. (They are a) very professional team. Eager to go out of the way to satisfy and meet the needs of their clients. Jeanne never gave up ’til we found our perfect house. ” – Brian Simpson – Moncks Corner, SC

Click here to read more testimonials.

Drew Sineath & Associates currenty has 6 members on its team:

Drew Sineath

Broker-In-Charge/Owner

Drew grew up in the South Carolina Lowcountry and has become a Familiar Face in its communities. Drew takes time to make sure his clients are familiar with the process of buying or selling a home. It is this dedication that has earned Drew respect from his clients and the reason why you should call on this Familiar Face the next time you buy or sell a home.

E-mail: drew@drewsineath.com

Marea Clark

Closing Coordinator

Marea coordinates all aspects of the real estate transaction after ratification. She schedules all inspections, walk throughs and closings. As a vital member of the Drew Sineath Team, Marea processes all contracts and carries them through to closing.

E-mail: marea@drewsineath.com

Kristen Orvin Lanier

Marketing Coordinator / Listing Coordinator

Kristen is a 2007 graduate from the College of Charleston. With a degree in Business Administration and Marketing, she is responsible for the firm’s marketing efforts. Having been born and raised in the Lowcountry, she has knowledge of the area and strong family ties to the lowcountry. Kristen is currently training to work with Larry as our listing coordinator. She looks forward to working hand-in-hand with our sellers to maximize their market exposure to sell their home quickly.

E-mail: kristen@drewsineath.com

Jeanne Snoza

Buyer’s Representative

Jeanne, a long-time Colorado resident, entered the real estate industry after a successful career in business management. She has a strong background in client relations and enjoys negotiating the best deal for her clients.

E-mail: jeanne@drewsineath.com

Larry Johnson

Listing Coordinator

Originally from Virginia, Larry has been a resident of the Charleston / Goose Creek area for the past 18 years. After working as a Senior Buyer for a medical firm, Larry joins us as our listing Coordinator. Larry will work exclusively with all sellers: past, present and future.

E-mail: larry@drewsineath.com

Andrea Parler

Buyer’s Representative

Originally from Atlanta, Ga., Andrea moved to Charleston 15 years ago in 1994. She graduated from Atlanta College of Arts in 1993 with a bachelors degree in fine arts and a major in photography. Since moving to
Charleston, Andrea has lived in several different areas including Mt. Pleasant, North Charleston, Pinopolis/Moncks Corner and now lives on Johns Island with her husband of 10 years and their two Jack Russel Terriers. She is a member of The Center for Women and serves on her neighborhood’s Architectural Review Board. She also enjoys photography in her spare time
and has fun as the organizer of a women’s book club. Andrea has been selling real estate throughout the tri county area for several years with a focus on assisting buyers. Andrea can help, whether you’re a first time home buyer, wanting to up size, downsize, or looking for the perfect vacation home. Andrea is passionate about serving her clients best interest and enjoys all the challenges and accomplishments that each unique situation brings.

E-mail: andrea@drewsineath.com

Larry will be semi-leaving us at the end of the year. He will be enjoying the life of retirement and we wish his the best.

Drew Sineath & Associates is always growing and always adapting to inovation. We utilize the lastest technology to provide the best service.

Drew Sineath & Associates Mission Statement: “To provide determined, dedicated and dependable service unmatched by any other real estate team in Charleston.”

Receive a free real time report to answer all your Charleston area real estate questions with Drew Sineath & Associates’ Neighborhood Report.  

Click here to search for properties in the Charleston area.

Drew Sineath – A Familiar Face…And a Rich Lowcountry Heritage Drew Sineath & Associates, Inc., is located in the heart of Goose Creek where Drew grew up and where he has chosen to rear his own family. Berkeley County is one of the fastest growing areas in South Carolina and Drew is pleased to be able to serve his clients in helping with all their real estate and mortgage needs. So when you have any real estate needs, whether you’re looking to buy, sell, finance or refinance, Drew Sineath & Associates is now a local one-stop location with excellent service.

Follow Drew Sineath and Associates on

The tax credit has been extended and rates are at historical lows. Click here to read more about the tax credit extension. If you thinking about buying a home, Drew Sineath & Associates would like to assist you in your purchase. The first step in buying a home is getting pre qualified for a loan. There are four types of financing available to home buyers in Charleston SC: VA, FHA, Conventional, and USDA.

VA financing is available only to eligible Veterans. However, you do not have to be a Veteran to assume a VA loan. The benefits to using VA financing would be 100% financing meaning that there is no down payment required, the funding fee is less expensive that most mortgages, and it is usually easier to qualify for VA over some other types of financing. In today’s market the minimum credit score for VA is around 620 to 640. Click here to learn more about VA loans.

FHA financing is available to all home buyers, offers benefits of low down payments (min. 3.5%) and is a little easier to qualify for than Conventional financing. The minimum credit score for FHA is around 620 to 640. Click here to learn more about FHA guidelines.

Both VA and FHA have specific appraisal guidelines that are more strict than a Conventional loan.

Conventional financingis also available to all home buyers. Generally the mortgage insurance is less expensive than on FHA, however, with similar down payments (min. 5%), the guidelines to qualify for Conventional financing are more rigid. The guidelines for qualification do become less rigid with 10% or more down payments. The minimum credit score for a Conventional loan is 700.

Buyers with 20% or more down payments for Conventional loans will not be required to purchase mortgage insurance (PMI). For these buyers, conventional is almost always beneficial due to this savings.

USDA loans stand alone as the only zero money down program available to borrowers that have not served in the military. Eligible borrowers will be hard pressed to find a loan program that offers more favorable terms. USDA allows up to 102% financing but there are income limitations. Click here to see if your income qualifies.With USDA loans, not only do the borrowers have to qualify, but the homes must qualify as well. Homes have to be in what is considered as a “Rural Area”. Click here to see if they home you are interested is eligible for USDA.   This is a great program for buyers right now and there are even tons of new construction homes that qualify. Call one of our agents today for more information about what communities qualify.

Drew Sineath & Associates has two full time buyer’s representatives that are dedicated to helping buyers find the best deals. To learn more about what type of loan is perfect for you, give one of our agents a call today.

Jeanne Snoza

843-860-6257

jeanne@drewsineath.com

Andrea Parler

843-412-3738

Andrea@drewsineath.com

Drew Sineath – A Familiar Face…And a Rich Lowcountry Heritage Drew Sineath & Associates, Inc., is located in the heart of Goose Creek where Drew grew up and where he has chosen to rear his own family. Berkeley County is one of the fastest growing areas in South Carolina and Drew is pleased to be able to serve his clients in helping with all their real estate and mortgage needs. So when you have any real estate needs, whether you’re looking to buy, sell, finance or refinance, Drew Sineath & Associates is now a local one-stop location with excellent service.

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The “Worker, Homeownership and Business Assistance Act of 2009” was signed into law on November 6, 2009, extending the first-time homebuyer tax credit.

Bill HR 3548 now allows first-time buyers to claim up to $8,000 for single or married taxpayers filing jointly if they close on the purchase by midnight June 30, 2010. The buyers must be under contract no later than April 30, 2010.

The bill also allows current home owners (or move-up buyers) to take advantage of receiving a $6,500 tax credit if they have lived in their home for the last five out of eight years.  This addition to the bill could help stimulate the housing market tremendously and yet still keep overall home prices down, most economists are predicting.

Some of the other changes to the bill include income limits which have increased up to $125,000 annual income for single or $225,000 for taxpayers filing jointly. For more information on this tax credit or with any other questions please give me a call at 843.343.4792, a text or an email at drew@drewsineath.com. Now is a great time to consider selling your home and purchasing a new one or purchasing your first home. Let us help! Stay safe and be blessed!

Receive a free real time report to answer all your Charleston area real estate questions with Drew Sineath & Associates’ Neighborhood Report.  

Click here to search for properties in the Charleston area.

Drew Sineath – A Familiar Face…And a Rich Lowcountry Heritage Drew Sineath & Associates, Inc., is located in the heart of Goose Creek where Drew grew up and where he has chosen to rear his own family. Berkeley County is one of the fastest growing areas in South Carolina and Drew is pleased to be able to serve his clients in helping with all their real estate and mortgage needs. So when you have any real estate needs, whether you’re looking to buy, sell, finance or refinance, Drew Sineath & Associates is now a local one-stop location with excellent service.

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There has been much talk about extending or even raising the First Time Home Buyer Tax Credit for months now. Back in June Senator Johnny Isakson, a Georgia Republican, introduced a bill that would increase the tax credit to $15,000 and remove income and other restrictions on who can qualify.

The legislation, co-sponsored by Senate Banking Committee Chairman Christopher Dodd, a Connecticut Democrat, would extend the homebuyer credit to multifamily properties used as the borrower’s primary residence. It would also eliminate income caps of $75,000 and $150,000 on individuals and couples seeking to claim the credit.

Isakson’s bill would make the credit available to all borrowers, not only borrowers who haven’t owned a home in the previous three years as is the case under current law. It would also let borrowers divide the credit over two years.

More recently, House Speaker Nancy Pelosi said lawmakers might extend an $8,000 tax credit for first-time homebuyers that is set to expire Dec. 1. Pelosi says extending the tax credit for homebuyers is “under consideration.” Weather is will increase to $15,000 is still up for debate. Click here to read more.

While talk is good, it is just that: talk. If you have any desire to take advantage of the $8000 tax credit, I’ve said it before, get off the fence now. There is no guarantee that the tax credit will be raised or even extended and you need to move NOW to reach the deadline.

Drew Sineath & Associates has several move in ready homes that can close before the Nov. 30th deadline. We also have two full-time buyers agents dedicated to helping you find the perfect home and make that deadline.

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Drew Sineath – A Familiar Face…And a Rich Lowcountry Heritage Drew Sineath & Associates, Inc., is located in the heart of Goose Creek where Drew grew up and where he has chosen to rear his own family. Berkeley County is one of the fastest growing areas in South Carolina and Drew is pleased to be able to serve his clients in helping with all their real estate and mortgage needs. So when you have any real estate needs, whether you’re looking to buy, sell, finance or refinance, Drew Sineath & Associates is now a local one-stop location with excellent service.

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