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

Interested in learning about short sales on Hilton Head Island?

If you are a buyer or seller and are wondering what a short sale is and how you can benefit, shoot us an email at robbie@robbiebunting.com or call us toll free at 800-932-3652.  Essentially a short sale is selling a property for less than what is owed the bank.  We have worked out many short sales for our buyers and sellers and have found that although time consuming, they can be a way for a purchaser to get a great property or a seller to get their otherwise upside down property sold.    Read the rest of this entry

Hilton Head Real Estate markets move quickly

In the last few years, we all have learned that that the Hilton Head Island real estate market can move very quickly from an extreme “Sellers Market” to an extreme “Buyers Market”.  Most markets bounce a little bit from a “Normal Market” right or left, but Hilton Head has bounced big time.  Just two years ago prices were frothy and somehow we overcompensated for this and our prices now seem extremely low.  The important thing to know is that this too will not last forever and normal will return. Read the rest of this entry

A note from Keith Miller at Miller Long Term Rentals

The demand for long term rentals has been very good since August 2009. Our problem is we don’t have many available rental properties under the rental rate of $2,000/month. [typically homes between 1,800 sq. ft to 2,400 sq. ft.] We feel that prospective buyers are NOT taking advantage of the low interest rate and lower sale prices.  We feel that prospective buyers who eventually want to move to the area can buy today and rent the property to help offset some of their carrying cost until they are ready to make the move to Hilton Head. Read the rest of this entry

Happy Half Year!

As we are now half way through 2010, I wanted to wish my clients and friends a very happy half year!  As we stated at the beginning of 2010, the market is changing.  We have seen positive improvements take place and we also can see challenges ahead.  There are also several vanishing opportunities worth noting.  All in all, the first half was a great improvement over 2009.  In fact, my company and I doubled our sales and volume in the first half of 2010 compared to the first half of 2009.  We are very happy to be busy with buyers once again. Read the rest of this entry

Multiple offers on Hilton Head Island.

If you are a Hilton Head buyer or seller you need to know that we just sold a villa over asking price and had 3 offers on a home listing.  In fact we had 3 cash offers over asking price on one of these properties.  By the way, this property was not a short sale or foreclosure and was priced over a quarter of a million dollars.  It was far from an easy layup.  In fact, for the first 3 days after adjusting the price and before our second marketing blitz started…nothing happened on this Hilton Head property. Read the rest of this entry

Sign up for a private link to our Multiple Listing Service

We now offer a free private link to our MLS for our buyers, future prospects and Sellers.  This link will email in new listings automatically.  It is completely private and offers you real time updates.  If you would like to try this service out, please email my assistant Jane Hyers at islandrealtor@hargray.com for more information. Read the rest of this entry

Dear Clients, Friends and Fellow Associates~

Listed below are the current foreclosures on Hilton Head Island.

• Homes in Foreclosures on Hilton Head Island +++CLICK HERE+++
• Villas in Foreclosures on Hilton Head Island +++CLICK HERE+++           
• Lots in Foreclosure on Hilton Head Island +++CLICK HERE+++

Listed below are the current Short Sales offered on Hilton Head

• Short Sale homes on Hilton Head Island+++CLICK HERE+++
• Short Sale Villas on Hilton Head Island+++CLICK HERE+++
• Short Sale lots on Hilton Head Island+++CLICK HERE+++

As we head into the winter months on Hilton Head Island, these final clearance items will sell.  We encourage you to look over the above lists and let us know what sale items capture your attention.  If you would like more information or have a question, simply email us at islandrealtor@hargray.com  Thank you.

From an Island offering final clearance prices,

We are,

Robbie Bunting & Jane Hyers

robbie@robbiebunting.com

P.S.  Our sellers understand the market and have priced their properties to sell! +++Click Here for great properties+++ We are proud to offer some of the best locations on the Island!!!