Tag Archives: Foreclosure

Hilton Head Island, SC ~ Finding Foreclosures

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If you pay attention, you may be able to buy a foreclosure on Hilton Head Island.  These “Bank Owned, Real Estate Owned(REO) or sometimes “Corporate owned” properties can often offer buyers an opportunity in price, location and sometimes even condition, below fair market value.  If you want to get the jump on these REO properties, we can hook you up on a real time link as they are listed for sale.  Noted below are several important notes for buyers if they decide to purchase an REO on Hilton Head Island. Continue reading →

Upside down Hilton Head buyer

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We have a guy that likes to buy short sale homes and villas.  Properties that are upside down means you owe more than your property is worth.  This is a cash buyer.  If you need to move fast, or behind in payments, near foreclosure or bankruptcy, you may not have to hope and pray for someone to come along to solve your problem.

This guy is buying upside down homes and villas.

It will cost nothing to sit down and learn the short sale process and see if your property fits his criteria.  You have nothing to lose.  My direct line is (843)842-0805.  If your property is not currently listed, we will meet together with our buyer to see if this meets the type of property he is looking for.  Thank you.

Top 10 Hilton Head Blogs in 2011

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Listed below are the top 10 best blogs that we posted in 2011 based on Google Analytics.  These blogs were the highest read blogs of the year.  Just click on the link below to revisit any of these articles. If you would like to see the entire list of blogs, just click this link to our archive.  Please let us know via email what your favorite blog article in 2011 was and what you would like to see in 2012!  Thank you.

The Top 10 Blogs in 2011:

10.  How to buy a short sale property on Hilton Head Island(Feb 16)

 9.   Hilton Head Half Time Long Term Rental Update(June 8)

 8.   A Blurb about Hilton Head Trends(Jan 12)

 7.   Hilton Head Island Homes for $250,000 will sell like hotcakes!(Sept 21)

 6.   Do sellers recieve a 1099 in a foreclosure and a short sale?(Aug 23)

 5.   Beaufort County Real Estate Tax Appeals(Nov 12)

 4.   Pros/Cons for buyers of Short Sales on Hilton Head Island(Mar 9)

 3.   Charles Fraser, the alligator and the story(March 22)

 2.   Attention Hilton Head Shoppers first come, first serve on these villas(July 18)

 1.   Thanksgiving meals on Hilton Head Island(Nov 4)

Foreclosure is NOT the answer!

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Right now, distressed sellers should choose a Short Sale over foreclosure.  Given that South Carolina is a recourse state, distressed sellers or property owners that are under water with their mortgage should consider taking action now.  In Florida, Wall Street Journal reports that some banks are going after sellers that may have had their homes, condos or second homes foreclosed upon.  In fact, there are now investors buying up these deficiency judgements.  The key for distressed sellers is that in a successful short sale negotiation it is possible to convince the lender to give up their pursuit of the deficiency judgement against the property owners.  Here are some other reasons to consider a  Short Sale vs. Foreclosure.  If you  would like for us to answer your questions or better explain the process, please email us at robbie@robbiebunting.com or call me direct at (843)842-0805

Short Sales vs. Foreclosures on Hilton Head

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I believe short sales are misunderstood and under-marketed.  For some reason the majority of buyers walk in or call us about foreclosures and never ask about short sales.  Seems to me the benefits of the short sale out-weight the faster closing foreclosure in many ways for all involved.  While short sales in the past got a bad rap, when we put a negotiator into place we are now 90% successful on closing our short sales.

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Upside down in your Hilton Head Property and Struggling?

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Some of our short sale sellers on Hilton Head Island have included villa owners, second homes owners on the beach, permanent residences, horse farms and even large estates. These sellers went to a sales price below what they owed in order to get their property sold.  My team than successfully negotiated these short sales with the sellers banks. Through these experiences, we have put together the experts, established the contacts, and gathered the tools to successfully handle short sales on Hilton Head today.   Continue reading →

Due Diligence and property inspections on Hilton Head Island

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Although some properties today are selling “as-is” usually there is some time frame that Hilton Head sellers will give a buyer to complete a property inspection.    While property inspections cost about $500 dollars depending on the size and type of property, they are well worth this out of pocket cost for the purchaser.  Within a few days the home inspector will send via email photos and detailed information about the property that helps a buyer understand their new property and may identify any areas that may require more review. Continue reading →

Rules for buying short sales on Hilton Head

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We have used everything including facts, humor, time lines, fast talking, slow talking, explaining the rules up front and for some reason nothing has worked, yet!  The next time we have a buyer for a short sale we are going to have them take this test.  The results will reveal their tolerance for patience and we than will know what is expected of us.   In order to add some humor to these challenging sales we have noted a few rules below.

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High Voltage real estate sales for Hilton Head properties

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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. Continue reading →

Final clearance prices on Hilton Head Island, Everything must go!

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Dear Clients, Friends and Fellow Associates~

The market is getting better every day.  As the market makes the turn, we have properties carried over that did not sell.  These properties include homes, villas and lots around the Island that were quite simply, overpriced.  Some of these properties are now offered as short sales, a few are foreclosures and others are offered by realistic sellers.  The one common factor is they all now offer “final clearance sale pricing and everything must go”!

Listed below are the current foreclosures on Hilton Head Island.

Listed below are the current Short Sales offered on Hilton Head

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!!!