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Greenville SC Homes For Sale Jan Parkkonen Blog

By Jan Parkkonen | Agent in Greer, SC
  • News from National Association of Realtors

    Posted Under: Home Buying in Greenville County, Home Selling in Greenville County  |  February 20, 2014 1:42 PM  |  135 views  |  No comments
    Here is some good news for both buyers and sellers.
    This is 100% financing.


    ARTICLES

    Rural Communities Protected Through 2020


    By Megan BoothSarah C. YoungDan Blair


    February 7, 2014

    More than 900 communities that were at risk for losing access to federal rural housing programs are now protected through 2020.  For the last three years, NAR has worked with Congress extend the eligibility of communities under a 40-year old definition of rural. The United States Department of Agriculture (USDA) had been required to revise the list of communities eligible for rural housing loans based on the 2010 census data - and apply them to the 1974 definition. But last week the President signed H.R. 2642, the Agricultural Act of 2014 (aka the Farm Bill), that will protect these communities through the release of the 2020 census.

    Rural families face unique difficulties in finding access to safe, affordable mortgage financing and rental housing. Programs such as Sections 502, 515, and 538 provide direct and guaranteed loans for both single and multifamily housing. This legislative language did not expand any program or authorize any additional funding.  It simply retains the current pool of eligible communities (including those that have populations up to 35,000). NAR will continue to work to revise the outdated definition to conform to current demographic data and needs.

  • Stabilize the economy and Create American Jobs: Revitalize the Housing Market

    Posted Under: Home Buying in Greenville County, Home Selling in Greenville County, Financing in Greenville County  |  September 22, 2011 2:42 PM  |  1,559 views  |  No comments

    Americans take notice:

    Brought to you by the National Association of Realtors


    More Than Refis Needed to Fix Housing Market, Economy

    By: Matt Dornic

    Published: September 14, 2011

    Last week in his address to Congress, President Obama unveiled a $447 billion plan to create jobs and help stimulate the nation’s struggling economy. But the issue squarely at the heart of America’s economic woes — housing — was mostly absent from the president’s speech. The proposed package instead relied heavily on targeted tax cuts, infrastructure spending, new job training assistance, and a $50 billion extension of unemployment benefits.

    Last week in his address to Congress, President Obama unveiled a $447 billion plan to create jobs and help stimulate the nation’s struggling economy. But the issue squarely at the heart of America’s economic woes — housing — was mostly absent from the president’s speech. The proposed package instead relied heavily on targeted tax cuts, infrastructure spending, new job training assistance, and a $50 billion extension of unemployment benefits. 

    Breezing over the housing crisis, the president noted only that his administration will work with federal agencies to help “responsible home owners” refinance their mortgages — hardly a plan to aid the now 25% of property owners who are underwater or facing foreclosure. RealtyTrac reported 200,000+ foreclosure filings in July.

    Meanwhile, 4 issues continue to threaten the housing market. Moreover, current federal efforts to resolve the foreclosure crisis through refinancing have fallen short. So far, fewer than 1 million home owners have used the HARP program, a refinancing option under the Making Home Affordable program, which the Obama administration predicted would help 4 to 5 million Americans.

    The health of the housing market is crucial to job creation and necessary for recovery. Consider how housing and home ownership impacts the U.S. economy: 

    • Housing accounts for more than 15% of the gross domestic product, making it a key driver in our national economy.
    • Housing has led this country out of six of the last eight recessions.
    • Every home purchased pumps up to $60,000 into the economy over time for furniture, home improvements, and related items.
    • Each home sale touches dozens of different professions.
    • Home sales in this country generate more than 2.5 million private-sector jobs in an average year.

    For every two homes sold, a job is created.

    Over the next few weeks, expect to see pundits and economists take to the airwaves to debate the long-term effectiveness of President Obama’s plan. And rightfully so. Much of the president’s package will do little more than temporarily buffer the blow from our troubled economy. For example, an extension of unemployment benefits — currently at 99 weeks — could face attack because it doesn’t directly correlate to job creation.

    Others will wonder how an additional $447 billion in stimulus will be effective when $800 billion in funds from the 2009 Recovery and Reinvestment Act failed to remedy the job market. In short, the efficiency of each proposed tactic outlined in the president’s jobs plan is debatable.

    The only surefire way to stabilize the economy and create American jobs is to invest in the recovery of the housing market. 

    Do you think the refinancing proposal will help the housing market long term?

  • Buying or Selling Real Property in Greer SC?

    Posted Under: Market Conditions in Greer, Home Buying in Greer, Home Selling in Greer  |  March 30, 2011 4:48 AM  |  1,686 views  |  No comments
    Buying or Selling Real Property in Greer SC?



    If you are in the market for a new home, resale home, or looking to sell your home in Greer SC or surrounding areas, click on the link below to see market conditions in Upstate area.


    http://www.ggarmarketclick.com/


    You can visit my website:    www.sellinggreer.com    to view Greenville and Spartanburg MLS
    listings and receive help for your home search or request a market analysis on your current home.

    Here is my contact information.

    GREER REAL ESTATE COMPANY   

    Jan Parkkonen Realtor

    CELL    864-990-8033
    OFFICE864-877-2770


    WEBSITE   www.sellinggreer.com
       If you know someone who wants to buy or sell a house your referrals are greatly appreciated. Be sure to click on my website to view my listings, plus Greenville and 
    Spartanburg area listings.

  • Improve Credit Score Greer SC Real Estate

    Posted Under: Home Buying in Greer, Financing in Greer, Credit Score in Greer  |  January 18, 2011 5:27 AM  |  1,557 views  |  No comments
    Improve Credit Score Greer SC Real Estate

    Another helpful article to pass along:

    Improve Credit Score with These Home Finance Tips

    By: Gwen Moran

    Published: October 22, 2010

    How you manage your home ownership finances affects your credit score—and your ability to refinance later.

    1. Postpone that refinance until your credit is squeaky clean

    Even a small blemish on a credit report can cost you at closing. Money expert Denise Winston found that out firsthand: Her husband hadn’t paid a $40 pager charge. The unpaid bill was turned over to a collection agency and ended up damaging his credit score.

    Because of that one small unpaid bill, the interest rate on the couple’s mortgage was 0.25% higher than if he'd had a clean score. Put another way, that’s $13,000 over the life of the loan.

    The lesson? Even small items can damage your financial position. Get your credit report beforehand to see if there’s anything damaging. If so, consider postponing a refinance or HELOC (home equity line of credit) until small but potentially costly dings fade over time.

    2. Pay your mortgage—now

    Not all late payments are created equal: Almost nothing hits your credit score harder than a late mortgage payment. Payment history generally accounts for 35% of your credit score, which is bad enough, but credit score agencies consider late home payments graver than late credit card or car loan payments.

    In fact, credit score agency VantageScore will knock off more than 100 points beyond what it would do for delinquent auto loans or credit cards.

    But if you think you can improve your credit score with early payments, think again. Geoff Williams, co-author of Living Well with Bad Credit, says it may make a slightly positive impression on today’s risk-averse lender, but it won’t make a big difference in getting future credit.

    3. Cool it on second mortgages and HELOCs

    Drawing down a second mortgage or HELOC can have a negative impact on your credit score because 30% of your credit score is based on how much you owe to creditors. However, if you pay the loan on time, it will have less of an impact, says Winston.

    Also, you can mitigate the credit score damage of a HELOC by staying within 30% of the limit.

    4. Protect your mortgage to protect your insurance rates

    Late payments on your mortgage may also affect your home owners and automobile insurance rates, potentially costing you hundreds of dollars a year, says Williams. Insurers may assume that if you’re strapped for cash and pay your bills late, you’re more likely to file a claim because you need the money.

    5. Pay your utility bills and property taxes on time

    If you're late on your utility bills and your account is assigned to a collection agency, that agency may report it, causing a drop in your credit score, says Winston. The good news is that utility companies often don’t bother to report late bills to credit bureaus until your delinquency becomes serious.

    Interestingly, late payment of property taxes won’t affect your credit score unless you find yourself with a lien on your property. Since liens are public records, they may appear on your credit report and might cause a drop in your credit score.

    6. Refinancing? Beware of taking out equity, too

    Refinancing your home generally won’t have an impact on your credit score as long as you continue to pay your loan on time, says Williams. However, if you extract equity in the deal, you could marginally affect your credit score because the amount you owe will increase.

    Gwen Moran is a freelance business and finance writer from the Jersey shore. She’s the co-author of The Complete Idiot’s Guide to Business Plans and writes frequently about real estate.







    Here is my contact information.

    GREER REAL ESTATE COMPANY   
    Jan Parkkonen RealtorCELL    864-990-8033
    OFFICE864-877-2770 EFAX  864-751-4240

    WEBSITE    www.realestatewithjan.com   
    EMAIL    janparkkonen@yahoo.com   If you know someone who wants to buy or sell a house your referrals are greatly appreciated. Be sure to click on my website to view my listings, plus all area listings.
    Close
  • Greenville SC Real Estate Market Conditions

    Posted Under: Home Buying in Greenville County, Home Selling in Greenville County  |  November 17, 2010 8:03 AM  |  1,575 views  |  No comments

    Greenville SC Real Estate Market Conditions


    ACCESS LATEST MARKET INFORMATION FOR GREENVILLE SC REAL ESTATE
     
     To get latest information on Greenville market available from Greater Greenville Association of Realtors, click on link below. Then feel free to contact me for all your real estate needs or visit my website which
    has all area listings and helpful information for buying, selling or relocating.

    Best regards,

    http://www.ggarmarketclick.com/

     

    Here is my contact information.

    Jan Parkkonen RealtorCELL    864-990-8033
    OFFICE864-877-2770 EFAX  864-751-4240
    WEBSITE    www.realestatewithjan.com   
    EMAIL    janparkkonen@yahoo.com   If you know someone who wants to buy or sell a house your referrals are greatly appreciated. Be sure to click on my website to view my listings, plus all area listings.
  • Realestatewithjan.com Greer SC Real Estate Help

    Posted Under: Home Buying in Greer, Home Selling in Greer, Property Q&A in Greer  |  November 17, 2010 7:28 AM  |  1,694 views  |  No comments
    Realestatewithjan.com Greer SC Real Estate Help   by    Jan Parkkonen Realtor   864-990-8033
     

    ITS THAT TIME OF YEAR AGAIN........


    Outdoor Fall Maintenance Tips

    1. Clear debris out of you window wells, gutters, downspouts, and storm drains. This will allow the water to properly drain, minimizing standing water and stalling the freeze and thaw expansion process that often occurs during colder months.

  • Make sure the weather stripping on your windows and doors fit and is in good condition.

  • Clean your windows. Sparkling clean windows let in lots of sunlight that will help chase away winter's doldrums.

  • Look for broken or cracked glass and damaged screens or storm windows. Also, check for loose putty around glass panes.

  • Remove garden hoses from spouts, drain and store for the winter.


    Looking to Buy or sell in Upstate South Carolina?
    Visit My website to see all area listings, buying and selling or relocation information, as well
    as links for financing, home value reports  and  Buyer Assist links.  Just click on

    www.realestatewithjan.com  to begin your home buyer or seller assistance experience









  • Greer SC 10 reasons to buy a house

    Posted Under: Home Buying in Greer, Home Selling in Greer, Property Q&A in Greer  |  September 17, 2010 3:54 PM  |  1,673 views  |  No comments

    From Realtor magazine:

    Enjoy

    Daily Real Estate News  |  September 16, 2010  |   Share
    10 Reasons to Buy a Home
    Time magazine is being overly pessimistic in its recent cover piece that called into question the benefits of homeownership. In fact, now is a great time to buy. And, what's more, tomorrow will be a great time to own, because the fundamental strength of homeownership hasn't changed.

    Why is now a great time to buy? Here are 10 reasons:

    1. You can get a good deal. Prices are down 30 percent on average. They're at a level that makes sense for people's income.
    2. Mortgages are cheap. At 4.3 percent on average for a 30-year fixed-rate mortgage, your costs to own are down by a fifth from two years ago.
    3. You can save on taxes. When you add up the deductions for mortgage interest and others, the cost of owning can drop below renting for a comparable place.
    4. It'll be yours. The one benefit to owning that never changes is that you can paint your walls orange if you want (generally speaking; there might be some community restrictions). How many landlords will let you do that?
    5. You can get a better home. In some markets, it's simply the case that the nicest places are for-sale homes and condos.
    6. It offers some inflation protection. Historically, appreciation over time outpaces inflation.
    7. It's risk capital. If the economy picks up, you stand to benefit from that, even if you're goal is just to have a nice place to live.
    8. It's forced savings. A part of your payment each month goes to equity.
    9. There is a lot to choose from. There are some 4 million homes available today, about a year's supply. Now's the time to find something you like and get it.
    10. Sooner or later the market will clear. The U.S. is expected to grow by another 100 million people in 40 years. They have to live somewhere. Demand will eventually outpace supply.

    Source: Wall Street Journal, Brett Arends (9/16/10)

    Greater Greenville New Home Construction, Jan Parkkonen, your new home sales specialist.

    Click below to visit my website for all area listings and be sure to call soon.

     

    New homes available from your local builders in Upstate South Carolina.

     

     

     Custom homes on your lot or we will find you land for your dream home.

    Experience working with builders for over twenty five years. Call Jan today at

      864-990-8033

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