Anne Collins

Horseback Riding

2009-12-18T21:02:00Z

HORSEBACK RIDING

Western Horsemanship

Lessons ~ Camps ~ Trail Rides

Call Miss Lori for more information

(803) 807-8234 cell

(803) 438-8449 barn

Trail ride and covered dish 3^rd Saturday of each month

March thru September, food blessed at 6PM

Bring your own horse or call ahead to reserve a horse.

RSVP by Wednesday before ride.

Located at Rabon's Crossroad, arcross from the BP Gas station on HWY 34 and Springvale Rd

WESTERN HORSEMANSHIP

~ Private lessons $30.00 / hr

~ Discount lesson packages available

~ Camps - year round

Call Lori at 803 807-8234

CAMPS ~ LESSONS ~ TRAIL RIDES

SC Supreme Court halts foreclosure sales

2009-05-06T15:19:00Z

S.C. Supreme Court halts some foreclosure sales

By Ashley Fletcher Frampton
aframpton@scbiznews.com
Published May 5, 2009

The S.C. Supreme Court has issued a temporary restraining order on some foreclosure sales to give homeowners eligible for a federal loan modification program the opportunity to participate.

Chief Justice Jean Toal issued the order at 4:50 p.m. Monday at the request of the Federal National Mortgage Association, better known as Fannie Mae.

In a petition filed Friday, Fannie Mae asked the court to prevent judges in South Carolina from selling foreclosed owner-occupied one- to four-unit properties with mortgage loans backed by Fannie Mae. The petition asked for a halt of up to 90 days for sales scheduled for this week.

Fannie Mae sought the temporary injunction so it could implement the Obama administration’s Home Affordable Modification Program, which lowers monthly mortgage payments for eligible homeowners.

Obama announced the program Feb. 18, and the U.S. Treasury Department issued guidelines for implementation on April 6. All Fannie Mae-approved servicers must participate in the program for eligible loans.

Without the restraining order, Fannie Mae argued, homeowners eligible for the program whose homes were sold through foreclosure proceedings would miss out on the chance to participate.

“This qualifies as irreparable injury for which the court should provide redress in the form of a temporary injunction,” the petition said.

Fannie Mae did not have time to seek relief in lower courts, the petition to the S.C. Supreme Court said.

Officials with Fannie Mae and the company’s attorneys in Columbia could not be reached today for comment.

It’s unclear whether similar Fannie Mae is pursuing similar restraining orders in other states.

In the order, Toal granted a temporary restraining order preventing the foreclosure sale of any property with a loan owned or guaranteed by Fannie Mae or Freddie Mac or held by a servicer that signed an agreement to participate in the Home Affordable Modification Program.

Many counties in South Carolina hold foreclosure sales on the first Monday of the month. Toal’s order stays any sales that took place Monday from moving ahead.

By May 15, the plaintiff in every mortgage foreclosure action stayed by the order must serve all parties an affidavit stating whether the loan can be modified under the new federal program, Toal’s order said.

Mortgages that qualify remain under the injunction. Mortgages that don’t qualify or are not modified can continue in the foreclosure process.

Dorchester County had a foreclosure sale scheduled for today. Gail Evans, assistant to the master-in-equity, said the county stopped the sale of most residential properties to ensure it did not violate the Supreme Court’s order.

How $8,000 tax credit works

2009-03-25T14:08:00Z

How the tax credit works

The bill provides up to an $8,000 refundable tax credit (or up to 10% of the purchase price). If the property is $75,000, the credit is only $7,500.

The credit is available to first-time buyers of a principal residence on or after January 1, 2009 and before December 1, 2009. This is someone who did not own another main home at any time during the three years prior to the date of purchase.
The credit does not require repayment. The credit will be claimed on a tax return to reduce the purchaser's income tax liability.
If the buyer's tax liability in the given year is less than $8,000, the IRS will send a refund for the balance.
According to the 2008 IRS Tax Tables: A single filer would need $46,600 in taxable income to have $8,000 in tax liability. A couple would need $58,600 in taxable income to have $8,000 in tax liability.
Taxpayers whose income is more than $75,000, or $150,000 for joint filers can claim 10 percent of the purchase price up to $8,000, or $4,000 for married individuals filing separately.

Exceptions

If any of these conditions exists, the credit will not be available.

Income exceeds the phase-out range. $95,000 for individuals, $170,000 for couples.
The home is purchased from a close relative. This includes spouse, parent, grandparent, child or grandchild.
You stop using your home as your main home.
If the home is sold prior to three years of ownership, the tax credit must be repaid.
You are a nonresident alien.

How to file

(This information published by the Internal Revenue Service. IRS Newswire, March 18, 2009)

For people who recently purchased a home or are considering buying in the next few months, there are several different ways that they can get this tax credit even if they've already filed their tax return.

The credit may be claimed on 2008 tax returns due April 15 or on 2009 tax returns next year.

The Treasury Department encourages taxpayers to explore these options to maximize their credit and get their money back as fast as possible.

The filing options to consider are:

File an extension - Taxpayers who haven't yet filed their 2008 returns but are buying a home soon can request a six-month extension to October 15. This step would be faster than waiting until next year to claim it on the 2009 tax return. Even with an extension, taxpayers could still file electronically, receiving their refund in as few as 10 days with direct deposit.
File now, amend later - Taxpayers due a sizable refund for their 2008 tax return but who also are considering buying a house in the next few months can file their return now and claim the credit later. Taxpayers would file their 2008 tax forms as usual, then follow up with an amended return later this year to claim the homebuyer credit.
Amend the 2008 tax return - Taxpayers buying a home in the near future who have already filed their 2008 tax return can consider filing an amended tax return. The amended tax return will allow them to claim the homebuyer credit on the 2008 return without waiting until next year to claim it on the 2009 return.
Claim the credit in 2009 rather than 2008 -This could benefit taxpayers who might qualify for a higher credit on the 2009 tax return. This could include people who have less income in 2009 than 2008 because of factors such as a job loss or drop in investment income.

Truck for Sale

2008-05-06T14:39:00Z

2002 Mazda B4000 Extended Cab, 4x4 V6 81,000 miles, automatic, Power windows/locks, nice CD/radio, tented windows, A/C blows cold.

Very nice truck, $9000 OBO (803) 518-3758

Honda Civic '98 For Sale

2008-05-06T14:35:00Z

98 Honda Civic EX, 82,000 miles, Automatic, Power windows/locks, CD/radio, A/C blows cold, color/Black.

Very nice car $4500.00 OBO (803) 518-3758

3 Story For Sale in Woodlake

2007-07-12T06:00:00Z

New carpet, paint, roof- wow! lake views

• 3,013 sq. ft., 4 bath, 4 bdrm 3 story "side load garage" - MLS® #198903 $319,900 - $106/sq ft

Woodlake, Columbia - Lake & pond views will 'wow' you!! Beautiful center hall Colonial with all hardwood floors on Main level. Large foyer greets you with Formal dining room on the right. To the left a formal great room w/gas fireplace and french doors to deck. Continue down the hallway to the eat-in kitchen w/french doors to screened porch and adjoining office area that leads to pantry and laundry room. Return to hallway and go downstairs to walk out basement w french doors, trey ceiling, entertainment center, double closets and full bath (could be used as in-law suite, family room or bedroom). Go back upstairs to 2nd level for BR 2 and 3 which share large jack-n-jill full bath. Then the Master suite w trey ceiling and his and her walkin closets, lg jacuzzi tub, full shower, private toilette and double vanities. Crown molding thru out entire house w/extensive Wainscoating & Plantation shutters. Sprinkler system on shared well. New roof/ext paint in 2007. New beige carpet just installed upstairs.

Property information

Lot / Land For Sale in Camden

2007-06-01T06:00:00Z

Level 5.389 acres

• lot / land "approx 12 yr pines" - MLS® #194844 $42,000 - Lovely home site +5 ac

Camden, Kershaw County

Property information

1 1/2 Story For Sale in Camden

2007-05-21T06:00:00Z

Very buildable lot

• 219,750 sq. ft. 1 1/2 story - MLS® #194871 $35,000 - Great value!

Camden, Kershaw County - Peaceful, secluded lot with 8 year old pines. Level and several options for a home site. Property would also make a good investment. Owner can provide financing.

Property information

Anne Collins

Horseback Riding

HORSEBACK RIDING

SC Supreme Court halts foreclosure sales

S.C. Supreme Court halts some foreclosure sales

How $8,000 tax credit works

Truck for Sale

Honda Civic '98 For Sale

3 Story For Sale in Woodlake

Lot / Land For Sale in Camden

1 1/2 Story For Sale in Camden