The one thing that has been warming up recently is buyers shopping for Hilton Head vacation properties on the internet.  Web shoppers are once again thinking about warmer places as temperatures hit single and negative digits around our country.  While everyone is cold right now, Hilton Head’s weekends forecast is in the 70’s.  While snow or cold bound, we have listed below information to help Hilton Head Shoppers find a warmer spot this winter. Read the rest of this entry

Purchasers of 2nd homes and rental properties don’t always factor the financial benefits into their purchase when weighing their buying decision.  Mortgage interest and taxes are standard deductions available to any second home owner, but what about the other deductions that may be available?  Before you proceed, the first question, is your second home or villa on Hilton Head classified as residential or rental?

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Hilton Head Island, SC – Many Hilton Head property owners have called or emailed recently for comparables because of their recent Beaufort County Reassessment.  If you would like a list of applicable comparable properties, please email me at Robbie@robbiebunting.com .   Below is an email we received recently.  Just let us know if you would like some help.  It is very easy for us to gather this information for you if it is available.  Thank you.

• “We received out countywide reassessment for property tax and want to appeal it. They have assessed the home at $XXX,XXX for tax purposes. As part of the appeal, we have to send in comparables.   Are you able to send some along for us to use?  Thanks so much!”

A conversation with Bruce Goff

As I mentioned, by law, no Appraiser can advise a taxpayer if their value is within range without analyzing market data and creating a research file.  For a small fee per property, I will research available data to determine if there is evidence of any grounds for an appeal.  After this review, if the client determines that a formal appeal is warranted, the fee will be credited to the cost of a formal appraisal that they may submit with their appeal to Beaufort County. Read the rest of this entry

Beaufort County property owners including Hilton Head, Bluffton and Daufuskie will be receiving their new millage rates, their reassessed property values and their respective tax bills in the upcoming months.  The above Citizens Guide to the Beaufort County Reassessment Program 2013 answers many questions about the upcoming reassessment.  Listed below are few questions about the appeal process answered by a local appraiser.  Read the rest of this entry

Purchasers and sellers of Hilton Head Property will run across “as-is” in the contract form and may wonder what exactly this means to them.  As a buyer or seller, the as-is part of the contract allows information about the home to be put on the table.  Paragraph 8 of the Hilton Head Area Association of REALTORS (HHAAOR) contract states that “as-is means the property is being conveyed in the condition in which it is presently found subject to the aforementioned paragraphs”.  Looking through the previous paragraphs we find out more information on what “as-is’ could be for a purchaser and seller.

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If you own a home or are considering buying a home in the Hilton Head area, there are several insurance savings ideas worth exploring. While each may be only a small amount, when added together they may provide an owner with some nice savings if available.  Homeowners can complete this savings review through the services of their insurance agent.  We asked our agent, Robbie Holmquist with Turbeville Insurance Agency to share these ideas. Read the rest of this entry

“Why do I need a CL100 when I buy or sell a home or villa on Hilton Head?” I’m not sure where the name comes from, but a smarter title, which appears on the report itself, “OFFICIAL SOUTH CAROLINA WOOD INFESTATION REPORT”, makes alot more sense.  During a sale of structural property in South Carolina involving a lending institution, the CL-100 will usually be a mandatory report at closing.  In most conventional cases, the seller is responsible for the CL-100.  A thorough, professional inspection is part of every CL100. The report will point out any water-damage issues, however small they may be.  It’s important to know that the CL-100 will only report water and fungal damage that is “below the first main floor”.

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Here is a possible money saving idea for second home owners on Hilton Head.  As an owner of investment rental property, check out a cost segregation study for your home or villa.  You may find tax savings by recognizing assets that are typically buried into a building’s construction or acquisition cost.   There is really no minimum value a property and given the finishes in many of the homes and villas on Hilton Head, this study may be worth looking into.  Visit their website or contact John Miller at (706)672-2760 or email John for more information.

Hilton Head Properties – A Dream

We are proud to announce the opening of Hilton Head Properties located at 12 New Orleans Road and Highway 278 across from the Village of Wexford.  Although new to this high volume location, we have over 26 years of representing luxury homes, villas and homesites in the Hilton Head Area including Bluffton and Daufuskie.  “It has always been my dream to own a real estate office on Hilton Head Island and with Jane Hyers assisting, we will make it the best”. Read the rest of this entry