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Realtors roll to protest mortgage proposals

Sep 18, 2011 9:19:00 PM - thestate.com
CountyCurrent FHA loan limitLimit as of Oct. 1Difference
Beaufort County$387,500$346,150($41,350)
Berkeley County$335,000$302,450($32,550)
Charleston County$335,000$302,450($32,550)
Dorchester County$335,000$302,450($32,550)
Georgetown County$395,000$327,750($67,250)
Greenville County$295,000$271,050($23,950)
Horry County$286,250$271,050($15,200)
Jasper County$387,500$346,150($41,350)
Laurens County$295,000$271,050($23,950)
Pickens County$295,000$271,050($23,950)
York County$303,750$271,050($32,700)

Realtors are up in arms about prospective changes in mortgage interest deduction and federal loan limits they say could have a dramatic impact on homeowners and future home buyers in South Carolina and across the country. State and national Realtor association members are making a nationwide bus tour to alert the public to the proposed changes and urge them to contact their lawmakers. The bus tour arrives in Columbia today and Nick Kremydas, South Carolina Association of Realtors executive director, outlined some of the issues for The State.

What do Realtors want to accomplish with the bus tour?

As policymakers consider changes to government programs and incentives that could dramatically change the nature of home ownership in this country, the Home Ownership Matters Bus tour is bringing these issues directly to people across the United States, and asking them to join in protecting the American dream of home ownership.

USA, South Carolina: (Latest Stories)