Jul 21
Update November 2015. Home-sites and land in the Hilton Head Area offer a “buy land” timing opportunity. Click here for a great article and update that supports the information below. Just send a request and we will send you the best land buys in the Hilton Head Area including Daufuskie, Hilton Head Island and Bluffton. You can also search all the areas on-line, please click here.
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Feb 22
The other day one of our clients that buys and sells Hilton Head real estate on a regular basis sent us this article on high end mortgages(Click Here). We asked around for some ideas as to what this could mean and found out the following: Alt-A are wall street securities allow for high quality borrowers to qualify outside of the fannie mae guidelines. So loans higher than $417k can be made to borrowers who have assets but little tax return income, etc etc etc. This may mean that the street will soon be back into the market, which would mean the return of alt-A mortgage products. Which would be interesting. Or it could mean more traders have found a way to heavily profit from mortgages for a third time , with no added value ( of course ).
For more information, or discussion, please contact me. Thank you.
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