Outside Living!

Screened Porch

 

 

Feeling inspired by warm weather to make the most of your outdoor space?  We’re feeling inspired too!  Here are some ideas to help you create the backyard get-away you’ve always wanted.

Screened Porch  A great space to entertain friends and family where you won’t have to battle uninvited flying guests, is a screened porch.  It’s also wonderful because you don’t need to bring the party inside if the weather gets rainy.  You can enjoy the outdoors in almost any season from the protection of your covered screened in porch!  Add a ceiling fan, lights, and furniture – you’ve got your own oasis to enjoy with other or for quiet relaxation.

Start Planting  If you have summer-blooming shrubs, trees or flowers, it’s time to grab your gardening gloves and start pruning.  Clearing away any dead areas will help prevent disease and allow new growth and blossoms.  If you want to spruce up your back yard, flowering annuals are a beautiful way to do it.  A trip to your local home improvement store or nursery will provide you with plants, soil, and everything you need to get started!

Home Garden  A home garden is beautiful and healthy.  You can grow tomatoes, and herbs in pots on your deck or patio without undertaking an entire garden plot.  Or, you can create easy raised garden beds with the help of your local home improvement store.  Take a look at this handy calendar for a list of what to plant when for a summer garden.

No matter what your vision is for your perfect backyard get-away, we can help you create it with our deck, and porch options for your new Lockridge home.

Lockridge is a group on-your-own-land new home builders in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. (see all our Model Home Centers).  We offer a full service website that allows you to choose floor plans, get complete price quotes, get prequalified for a mortgage, and more.  For more information visit our website, Facebook Page or email us.

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Tax Benefits To Building Your New Home

Tax Return

 

If you’re on the fence trying to decide whether or not to get started building your new Lockridge home, consider this amazing tax deduction article written by Ashley Steel from NewHome Source!  She is a staff writer/editor for NewHome Source, a website where you can search for and get information on new homes. You can find her on Google+

“One of the great benefits of homeownership is the tax deductions that come with it. But what, if anything, distinguishes a newly built home from a resale home when it comes time to file your taxes?

While both forms of homeownership offer great benefits, there are some additional types of tax benefits of owning a newly built home that shoppers can attain. Let’s take a closer look:

Construction Loan

Some newly built homebuyers take out what is known as a construction loan, or, a loan that originates to cover the costs associated with the construction of a home, that later converts into a buyer’s permanent home mortgage when construction is complete.

With these types of loans, “you can deduct the interest you pay during the first 24 months of the loan,” says Jayson Mullins, CEO at Top Tax Defenders, a tax resolution firm in Houston, Texas.

It’s important to note however, that this type of deduction doesn’t apply in all circumstances. For instance, the home in question must be your primary or secondary residence to qualify. “Furthermore, the deduction applies only to the first $1 million in total loan proceeds, including interest,” says Mullins. “This limit is reduced to $500,000 if you are married and filing separately.”

Mortgage Deductions

While not unique to newly built homes, mortgage deductions are a significant part of helping you get a return on your taxes. Mortgage deductions occur across the following categories:

Mortgage Interest

The IRS allows taxpayers to deduct both their mortgage interest up to $1 million ($500,000, if married and filing separately).

Mortgage Points

A mortgage point is prepaid interest equal to 1 percent of the value of a mortgage. Mortgage points can only be purchased at the time of loan origination.

These points are tax deductible in the year they are paid, but only if they meet the following home mortgage points criteria from the IRS.

Mortgage Insurance Premiums

For tax purposes, qualified mortgage insurance premiums are considered mortgage interest and, therefore, deducted within the $1 million limit.

Energy Efficiency

“An energy credit is available called the Residential Energy Efficient Property Credit,” says Mullins. Certain energy saving features — or improvements in the case of a resale home — allow homeowners to save as much as 30 percent of the cost of installation.

“Taxpayers should know that not all high-efficiency products qualify as a tax credit,” says Mullins. Products only qualify if they come with a manufacturer’s tax credit certification statement, usually found in the product packaging or on the manufacturer’s website.

The advantage when it comes to newly built homes is that they already come outfitted with the latest in green technology, which gives you a greater chance of earning the Residential Energy Efficient Property Credit without having to do much.

Property Taxes

The IRS allows taxpayer to deduct their property taxes as well. Depending on the state, resale homes typically have lower property taxes, says Mullins.

However, newly built homeowners can deduct property taxes they incur while their new home is being built. “The taxes are based on the property assessed value,” say Mullins. “In order for taxpayers to qualify for this deduction, it has to be paid within the same tax year.”

While most types of tax benefits apply to both new and resale homes, there is a higher likelihood of securing these benefits in a newly built home. Construction loans and property taxes allow homebuyers to reap the benefits of tax returns before even moving in, while the increased energy efficiency of new homes is likely to yield credit as well.”

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9th Highest Builder!

New home construction framing

Congratulations CVA Builders! Our Lockridge builder in Virginia was listed 9th highest builder in the Greater Richmond Virginia Area by Richmond BizSense.

It was an up-and-down year for home builders in 2014 and according to a recent semi-annual report by the HBAR, the Richmond area remains “far from an optimal market” noting new home construction in 2014 totaled 45 percent of the number of homes built during the pre-boom market.

This is attributed to a number of factors including high costs of building materials, increased regulations and uncertain economic conditions, according to the report.  Though expectations for 2015 are bright! #RVA

Lockridge is an on-your-own-land new home builder in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. (see all our Model Home Centers).  We offer a full service website that allows you to choose floor plans, get complete price quotes, get prequalified for a mortgage, and more.  For more information visit our website, Facebook Page or email us. 

Meet Our Charleston South Carolina Team

Tex and Nancy

 Meet the newest member of our Charleston, SC team, Nancy Curtis pictured here with another member of the team – her husband Tex!  Get to know this dynamic duo in this charming interview, and stop by the model to meet them in person! They’ve got deep roots in the Charleston area and can help your build your new Lockridge home! #Charleston

  • What’s the best part of working together?  Before coming on board with Lockridge, Tex and I have had the awesome privilege of working together for the past 30 years!   I wouldn’t trade the memories of those days for anything.  We have a wonderful working relationship at the office, and at home.  The best part of working together is knowing that we share a commitment to the same goals of success in life, our family, and business.  We love working together here at Lockridge!   I also love our drive together in the mornings sipping on a cup of coffee, driving through historical Summerville planning out our day together.
  • What’s your favorite thing about living in Charleston? Charleston, South Carolina.  Charleston, in our opinion, is one of the most beautiful, most romantic, and most charming of all historical Southern Cities.  In as little as 45 minutes from our front door we can be on the beach basking in the sun, or in an hour we can be at one of our beautiful lakes that adorn our states interiors.  Within a couple of hours we can be in the midst of some to the most beautiful mountains in the Eastern part of the United States.  If ever there was a perfect place to live, it would have to be Charleston, SC.  We are, as you may know, the number 2 wedding destination, and according to AAA the most sought after vacation destination in the Country.  We love it here!
  • What is your #1 hobby – one each please! That’s an easy answer for Nancy – she says without a second thought…….Grandbabies!!  Our youngest daughter just had a baby girl, which now brings the total grand-baby count to 5.  If you ever want to find Nancy, and she is not at the office…….you got it….she’s with the grand-babies. Tex has have been a musician since his early teen years playing the drums. Now some 50 years later, he continues to play almost every weekend around the Charleston area with his band the Strumdogs.  Musicians never grow old, they just season with age!
  • What is your favorite Lockridge floor plan?  While there are many of the Lockridge plans that we love, we both agree that certainly one of our favorites has got to be the Hatteras.  Since we make our home on the Carolina Coastline, the Hatteras fits in perfectly with its beautiful 30’ up and down porches, perfect for an afternoon cocktail as you gaze over one of our gorgeous tidal marsh views, or enjoying the serenity of ocean waves as they break on the beach.  With the extensive Lockridge portfolio of home designs, we’ll help you find a home that fits your personal needs and tastes!

Lockridge is an on-your-own-land new home builder in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. (see all our Model Home Centers).  We offer a full service website that allows you to choose floor plans, get complete price quotes, get prequalified for a mortgage, and more.  For more information visit our website, Facebook Page or email us. 

New Location In Greenville South Carolina

Greenville SC 1

Greenville, South Carolina has been voted one of America’s Ten Best downtowns by Forbes Magazine and in the top 5 Most Fun and Affordable Cities by Bloomberg Business Week! This area’s natural beauty that begins with Falls Park and continues to the Blue Ridge Mountains, there’s plenty of outdoor adventure for the whole family. It’s also one of the fastest growing areas and we are so excited about our new location in Greenville!   Come visit us at 3531 Pelham Rd, Suite 101 Greenville, SC 29615 or call 864-881-1568.  We’re ready to build your new dream home!

Lockridge is an on-your-own-land new home builder in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. (see all our Model Home Centers).  We offer a full service website that allows you to choose floor plans, get complete price quotes, get prequalified for a mortgage, and more.  For more information visit our website, Facebook Page or email us.

Winter Wonderland

Snow Storm 2015

Winter can be a magical time of year, full of warm memories around the fireplace, great food, and family gatherings. But with all the recent snow and ice we’re passing along some tips to keep your home safe, and give you peace of mind during the low temperatures and storms!

  1. Clear your gutters of leaves and debris, so water doesn’t back up and freeze inside the gutters.
  2.  Make sure your downspouts are directed away from the house.   When the snow begins to melt on your roof and in your gutters, the water will drain away from your home.
  3. Seal any cracks or holes in your outside walls and your homes’ foundation.
  4. Keep your attic cool!  When you maintain the temperature of your attic at 5-10 degrees warmer than the outside temperature, you can help protect your roof from ice-dam damage.  This damage occurs when the heat from your home causes snow to melt at the middle of your roof, and then it refreeze at its edges.
  5.  During extreme cold temperatures, protect your pipes!  Wrap exposed pipes in insulation, and keep water trickling through them regularly.  Moving water is much less likely to freeze.  You can also leave your kitchen cabinet or bathroom vanity doors open to allow warm air to circulate around the pipes.
  6. Protect your home from flooding.  If snow is building up around your home, remove the snow from doorways, window wells, and walls.  When the built up snow melts, it can cause water damage to your home.

We want you and your home to be safe and warm for the rest of the winter.

Lockridge is an on-your-own-land new home builder in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. (see all our Model Home Centers).  We offer a full service website that allows you to choose floor plans, get complete price quotes, get prequalified for a mortgage, and more.  For more information visit our website, Facebook Page or email us.

‘Tis The Season

Tis The Season Pic

 

The holidays are here ready or not, and it can seem overwhelming –  shopping, greeting cards, baking cookies, decorating, parties…  How can you survive the stress, get everything ready, and still make the holidays memorable?  Here are a few tips to help make this holiday a little easier:

  •  Make A Plan:   Having a get-together?  Write down the full menu, and include everything from the main course to specialty drinks and dessert. Another tip is to plan your menu around a single star item, then add other dishes that are easy to make or can be prepped ahead of time.
  •  Don’t Over-Commit:   there are parties, events, dinners and invitations galore!  Make sure to take time for yourself during the Holidays. Setting aside an evening for just you and your family can help you feel refreshed and relaxed.
  • Keep Active: Stick to your exercise program.  You’ll feel better by keeping active, especially when facing the holiday goodies.
  • Give Back:  Volunteering your time to help others at a local hospital, shelter or non-profit is a great way to lift your spirits.  Many people are struggling during the holidays and we can help by getting involved and giving time to others, you’ll get a bigger gift in return!
  • Bring Nature In: Decorate with natural things this year.  Use fresh holly, bowls of pine cones, and fresh garland to make your home festive and beautiful.
  • Get Others Involved: Let the kids help out with baking holiday goodies, and decorating the tree is a great time for family bonding.  If you’re planning a dinner, consider having it potluck style. The more the merrier and it will take some stress off your plate.

This really is a magical time of year!  Don’t worry if something doesn’t go exactly as planned, it will make a fun story to tell around the fire next year.  From everyone at Lockridge, we wish you and your family a joyous and peaceful Holiday Season!

Lockridge is an on-your-own-land new home builder in Virginia, North Carolina, South Carolina, Tennessee, and Georgia. (see all our Model Home Centers).  We offer a full service website that allows you to choose floor plans, get complete price quotes, get prequalified for a mortgage, and more.  For more information visit our website or email us.