Daniel Island homes, Daniel Island real estate, Daniel Island realtors, Daniel Island investment properties, Daniel Island golf course lots, Daniel Island Club, Mt. Pleasant homes, Mt. Pleasant real estate, Mt. Pleasant realtors, Mt. Pleasant investment properties, SC homes, SC properties, CHARLESTON homes, CHARLESTON realtors, CHARLESTON county homes,Charleston real estate, West Ashley real estate, North Charleston real estate, Hanahan real estate, Goose Creek real estate, Moncks Corner real estate, Summerville real estate, Ladson estate, Mount Pleasant real estate, Kiawah Island real estate, Seabrook Island real estate, Sullivan's Island real estate, Isle of Palms real estate, Daniel Island real estate, James Island real estate, Hollywood real estate, Johns Island real estate, Edisto Island real estate, Awendaw estate.

Susan Orick
Office: (843) 817-3811
Email: sorick@kwchs.com
Charleston Real Estate News and more by Sue Orick
What are you waiting for?

WHAT ARE YOU WAITING FOR?                                                                                                   

 “The thing that will make home prices stop falling is the very same thing that will push mortgage rates higher,” says Jim Svinth, chief economist at mortgage firm Lending Tree. So anything you gain by further drop in prices might be offset by rising financing costs.” Time Magazine/February 25, 2008

 

Put 20% down on a 30-year Fixed Rate

TODAY

SCENARIO 1 
Prices decrease by 5.0% & Rates increase by 0.5%

SCENARIO 2 
Prices decrease by 10.0% & Rates increase by 1.0%

HOME PRICE

$500,000 Finance 400,000

$475,000 
Finance 380,000

$450,000 
Finance 360,000

Interest Rate

6.0%

6.5%

7.0%

Monthly P/I

 $2,400

 

 $2,405.40

 

 $2,397.60

 

                                                                                                                                                                                                                                                                                                                                                                                   

 





BEYOND THE HEADLINES  

  • Finance costs will rise as the economy recovers.
  • Trying to time real estate might not pay off.
  • You just never know.

It’s time to get serious about buying before an inevitable rise in interest rates wipes out your advantage.

Posted - 08/06/2008
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The majority of my business comes from referrals from past clients, who have told others about me.  Do you know of a friend, family member, co-worker, neighbor, or someone else that is thinking about buying or selling a home?  You can feel confident that when you encourage them to contact me for assistance, that they will receive the best possible service. 

My Promise to you...
I pledge to serve every customer with the highest level of sincerity, fairness, courtesy, respect and gratitude, delivered with unparalleled responsiveness.  I am in business to create lasting relationships, and I treat my customers like I would want to be treated.

Susan Orick - Keller Williams Realty Charleston  
496 Bramson Court, Suite 200- Mt. Pleasant, SC 29464
Phone: (843) 817-3811 - Fax: (843) 416-1577
email:sorick@kwcharleston.com

Proud Member of   ActiveRain Real Estate Social Network               

Serving Charleston, Berkeley, and Dorchester Counties in South Carolina including the cities/areas of: Charleston,
West Ashley, North Charleston, Hanahan, Goose Creek, Moncks Corner,  Summerville, Ladson, Mount Pleasant, Kiawah Island,
Seabrook Island, Sullivan's Island, Isle of Palms, Daniel Island, James Island, Hollywood, Johns Island, Edisto Island, Awendaw.


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