Daufuskie Bulletin Board
As we discover and hear new and useful information, we would like to post it up on this Bulletin Board so others may be able to utilize new services or ways to better enjoy the Island. Please email us if you would like for us to consider posting something that is useful for others. Thank you. Read the rest of this entry
I was driving down the William Hilton Parkway yesterday and spotted the first sign that our selling season will soon come to an end. The pumpkin patch mobile home pulled into position across from Harold’s Diner. Soon the green and white tent will go up and we will all be thinking a little more about the holidays and a little less about real estate. After they sell all the pumpkins, out come the Christmas trees but, between now and than Hilton Head Island will offer Chamber of Commerce Weather which in turn attracts great buyers. Read the rest of this entry
If you are stepping back from your real estate business on Hilton Head or moving in another direction, we have a proposal we would like to share with you. Your database holds present value that if it is worked correctly, will become a profit center for you. If, however, you let this database sit or turn it over to the wrong agent, it will become worthless. We recently helped an agent close five transactions in her database. It was found money! Read the rest of this entry
Hilton Head Island is a be-back city.
Face it, most of the Hilton Head buyers live somewhere else. With an annual population of only 35,000, Hilton Head’s primary buyer pool exists in it’s 2.5 million annual visitors. These are the be-backs that will return either every week, every month or every year until they buy something. Of course, Real Estate Agents on Hilton Head Island want these be-backs to know that if they cannot find as nice home as they saw on their last visit, or they cannot negotiate as much, or the interest rates are higher, don’t blame it on us! Read the rest of this entry
Ready, Set, Recharge! We have put together our Hilton Head Island Getaway including our favorite restaurants, our favorite places to stay and a fun list of things to do on Hilton Head Island. This time of year is a favorite for weekenders with the temperatures in the 70’s and 80’s, white puffy clouds and a slower pace than the busier summer season. With easy driving distance from Charlotte and Atlanta and direct flights into nearby Savannah/Hilton Head Airport, our weekenders love Hilton Head because they can arrive to the Island on the same day and in only a few hours. Read the rest of this entry
The way you live in a home is different than the way you sell it!
These days marketing strategies are more important than ever for home sellers. With homes on the market in greater numbers and prices at an all time low, sellers need a competitive edge to put themselves ahead of the competition. Staging a home before it goes on the market is essential in making it the best product for potential buyers. Staging a home can range from a few decorative changes to furnishing vacant spaces. Any attention to enhance a home for the market will improve its selling potential! Read the rest of this entry
A note from Paul Griz, CPA about Short Sales and Taxes
Whenever a debt of a taxpayer is forgiven by a lender, whether the debt is credit card debt, home mortgage debt, or other debt, the forgiven debt, i.e., debt relief, is generally taxable to the taxpayer. With regard to short sales or foreclosures, if you have reached an agreement with your mortgage lender in which the lender has agreed to forgive your mortgage, you will be subject to income tax consequences. The lender will typically issue either Form 1099-C “Cancellation of Debt” or Form 1099-A “Acquisition or Abandonment of Secured Property” in the year of the asset sale. In other words, you should receive one of these forms from your prior lender in the year of the closing of your home. At that point, the debt forgiveness is reported to the IRS as income. Read the rest of this entry
The Director of Sales at Dunes Marketing Group, Bill Baldwin was recently quoted in the local Island Packet stating that the Hilton Head real estate market bucks the downward real estate trend reported nationally. Now I really don’t know how a newspaper makes money, but as a Hilton Head homeowner and a realtor on the Island, I think I would read the paper more often and even advertise more frequently if the paper had more news like this in the headlines. Read the rest of this entry
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