Never before have the numbers looked so good for Hilton Head Buyers. These numbers including interest rates, rental income and purchase price offer awesome opportunities for our buyers. In fact, when all of these numbers are in alignment, the market offers perfect timing for Hilton Head buyers. Check out why it makes sense for real estate buyers to take advantage of these numbers sooner rather than later. Continue reading
Updtate: Beaufort County will raise the millage, click here for more information
Beaufort County is considering raising the millage for 2nd homes, investments and commercial properties. Their resident neighbors pay far less in tax and the increase could take the second home millage rate up another 2 mills. Currently, the only source Beaufort County has to increase revenues for school operations is to raise the tax millage on commercial and non-resident property owners.
Hello from Daufuskie Island. Have had a number of fellow Realtors call me lately regarding “happenings” on Daufuskie. Their customers and clients showed interest and they wanted an update. With that in mind I found it might be helpful to share the following info!
Dear Friends, Clients and Fellow Associates~
I have many clients that look to evaluate their real estate holdings every year for their estate. Some of my clients are satisfied with a brokers opinion, others want a more formal document. In fact, if you own property right now one very good reason to have your property appraised is to take advantage of the very low interest rates available. Below is a recommended appraiser and all round good guy that can help you with this process.
There are many reasons for an appraisal such as: Insured Value Updates, Estates, Trusts, Dissolution Values, Tax Appeals, Listing Price Opinions, Purchase Offers, Purchases, and Mortgages. Most identify the need for an Appraisal with a Mortgage Loan.
The past few years have been the most challenging since I began my Island Area Appraisal Career in 1988. Many in the profession have seen an increase in requests for Listing Price Opinions. Most Property Owners requesting a Listing Price Opinion are tired of not receiving offers, confused by a wide range in suggested listing prices, or just over exposed to our many real estate advertising outlets. Sellers just want an opinion from someone who is independent and won’t profit by the outcome.
When I take an assignment, I explain that the outcome of the Appraisal is between the Property Owner and the Appraiser. The Appraisal outcome is only disclosed to another party if requested by the Property Owner. Additionally, Federal Regulations prohibit the use of the Appraisal for Lending if ordered by anyone other than the Lending Institution. Finally, an Appraisal is time sensitive since it is based on a point in time in an ever changing market.
Hope this helps, Bruce.
Bruce A. Goff, Owner Bruce A. Goff, Inc.
PO Box 4652 / Hilton Head Island, SC 29938
SC Professional Appraisers Coalition, Board/Past Chairman
SC State Certified Residential Real Estate Appraiser, CR29
Licensed SC Real Estate Broker / SC Real Estate & Appraiser Instructor
Voice: (843) 686-4444 / Cell: (843) 683-4444 / Fax: (843) 686-4858
Website: www.brucegoffhhi.com / Email: brucegoffhhi@yahoo.com