The real numbers weren't far off the estimate. As of 2008, 17.9 percent (or nearly one in every five) of homes in the Palmetto State are mobile. Furthermore, according to the U.S. Census, South Carolina has the highest percentage of mobile homes. While such homes are associated with poverty, the association isn't universally true. According to a BBC study, South Carolina is not even one of the 10 poorest states in the U.S.. The state's trailer residents might not even be among those who need professional South Carolina mortgage help. Charles Becker, economics professor of economics at Duke University, says, “Not everyone who lives in a trailer park is poor and there are parts of the country, like Michigan, where living in a mobile home community doesn't have the stigma it does in the South. You also have retirement communities in Florida where people aren't poor at all.”
http://south-carolina.churchillmortgage.com/industry-news/seek-solid-south-carolina-mortgage-help-and-move-up-from-a-mobile-home/Sunday, October 20, 2013
Tuesday, October 15, 2013
How You Can Get Much-Needed South Carolina Mortgage Help
"A July 8, 2013 article posted on the HousingWire website reports on the South Carolina Supreme Court's ruling that non-attorneys can modify mortgage loans without supervision from a state-licensed attorney. Based on this ruling, loan modifications by authorized persons other than lawyers do not represent an “unauthorized practice of law.” This legal statement was passed following two real estate cases where the plaintiffs alleged that their lenders unjustly changed the details of their mortgage loans. The ruling might sound a bit alarming, given that it could encourage some lenders to lay down outrageous rates and terms without requiring an attorney's supervision. On the other hand, trustworthy lenders can also take advantage of such a ruling and adjust mortgage products to better suit their clients' needs, and all without the bureaucratic process to slow them down. Naturally, homeowners will want to choose the latter of the two, and will accordingly require mortgage help from Sout
http://south-carolina.churchillmortgage.com/industry-news/how-you-can-get-much-needed-south-carolina-mortgage-help/