Great News...about the Hilton Head Area.  We have put together a list of recent awards and accolades with links to these articles.  It is our hope that these will inspire you to make a trip or send an  inquiry to us or your REALTOR about the great properties and awesome place we live in.  138 properties sold since March 1st just on the Island and we will try to save you a seat!  Read the rest of this entry

Hilton Head Island real estate   offers cycles.  There is a time to buy and a time to sell and based on   my 28 years of experience  and expertise a land buying cycle is upon us.    I know the cycles…let me explain.

On July 15, 2013 I e-mailed my friend   Sam, who also works with Hilton Head Properties, with my intent to send out   an e-blast in July 2013, referring to lots selling. Well, this was put aside   and did not make my subject list because timing was just a bit too early. I   found these e-mails in a stack of papers on my desk, read them, and said,   ” Now is the time to buy land on the Island!”

The reason it did not go out was it was all but impossible to get financing, so it was not a liquid investment.  I knew this would change, and probably soon. Evidence of this was you could put a house on a lot and the value of the land shoots up because financing was readily available.   But land by itself just sat on the market without financing.  Fast forward to today and financing is now available for land purchases.  What does this mean?

 Buyers can now purchase land at   historically low values.  Land prices have dropped to   “compelling” as a result of home selling during the recession for   less than the replacement cost of the bricks and mortar.  Now as home   values increase or are restored to value on the Island and inventories have   started decreasing purchasers are once again looking at land.  And there   is simply not enough to go around.  Most everything has gotten run back   up from the bottom of the crash (stocks, homes, condos, etc), but there are   still deals to be had in land. That’s my story and I’m sticking to   it…”

IT IS NOT TOO LATE! Banks have   started lending on vacant lot’s again and lot’s are selling. Supply is falling and demand is rising. I estimate 50% of our lot inventory is OLD   Inventory and Unbelievable Prices – 40% to 60% off of their highs.

Land has historically produced   amazing returns on these leveraged investments. Land is easy to maintain and offers options including hold, trade, sell or build. However, many customers   buy land NOW to build what they want in the future, trade for a villa, or at some point in the future sell land to buy what they want. They get a foot in the door the easy way.  The early bird get the worms so I hope you will   call or e-mail me soon. Listed are only a few best buys. Why?

E-mail or call me and I will share with you – numbers do not lie. Looking forward to hearing from you and   seeing you soon.

“Buy land, they are not  making anymore…especially on an Island that is 97% developed.” – Tad  Segars

MLS: 323602    List Price: $149,750

Description: Location! 6th Row! Baby steps away from beach! Listen to the waves lapping the sugar sand & smell the salt air. Price is The Best Buy! Shop the rest. New homes all around. Private street, yet short walk to beach, tennis, park, dining, & world class Westin Resort. Freedom! No HOA, yet million dollar neighborhood! This location was valued at $575,000 in 2005, unbelievable buy!

MLS: 314010  List Price: $229,900

Description: Ocean Oriented! Walk or bike to beach. Enjoy the convenience of central island location and quick access to Chaplin Park amenities (tennis, soccer fields, dog park, etc.) Corner lot.

Contact Tad Segars for more information on these properties today..

Office: 843-785-7111 x 3

Cell: 843-338-1244

Fax: 866-842-3270

tad@tadsegars.com

www.tadsegars.com

Update March 14, 2014…the Senate approved the bill February 13, 2014. We have come across a few articles, some helpful links and insurance people that we have listed below if you have any questions.  Please feel free to forward this information or contact them directly.  Thank you.

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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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After you have signed the contract of sale on you Hilton Head property you need to prepare for the inspection.  Unless you sold your property with no repairs or CL-100 requirements and crossed out and initialed paragraph’s 4 and 5 in your contract, you are bound to convey your property and its systems in “good working” order.  Inspectors are hired by purchasers to review the systems and the house and report what they see.  They are not allowed to put a new light bulb in, they simply report that the light was not working.  Therefore we would suggest to any seller to follow the checklist below before the inspection.   Listed below are our suggestions for simple maintenance and repairs before the inspector arrives. Read the rest of this entry

Looking back on the year, there were many things we were able to learn along the way.  Fortunately the Hilton Head Real Estate market continues to move as buyers breathe in confidence in the economy or just decide to make their move.  We appreciate our sellers and all the things they are going through as we work together to get their property sold.  Posted below are just a few thoughts we would like to share with our sellers.

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Updated November 2019. Hilton Head Island offers many ways to celebrate Thanksgiving.  We have much to be grateful for on this Island.  We have listed ways to give back locally.  If you are planing a visit to the Island for Thanksgiving, we have listed places to stay and ideas for your Thanksgiving feast.  It is our hope that you have a wonderful day of sharing thanks with family and friends.  Happy Thanksgiving, Ya’ll!

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We are “leaning in” to get our properties sold before the New Year.  The inventories that we were throwing on the shelf 2-3 years ago are now flowing back into the market keeping prices in check.  It is decision time and waiting another year to sell, will most likely cost money to get there.  We are tweaking photos, content and even location to get our sellers to the finish line.

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Hilton Head Island, SC – Our Hilton Head “blog” now has over 7,500 readers and hundreds of visitors every day.  It has been our goal to keep you posted on the local happenings, area news, worthy events, property ownership ideas and important information. Hopefully one of these posts has given something back to you.  Listed below are the 10 articles in order of their popularity.  I would love to know what your favorite was.  Maybe it was one below or one from the past.  E-mail me and let me know! Read the rest of this entry