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.

We are offering Dream Home Experiences on Hilton Head Island.  The key to getting your Dream Home is to have a team that works on your behalf to make it happen.  In part 1 of  the short video above, you will hear from Karen Verechia of Studio V, a recent buyer on Hilton Head Island about how she almost lost her dream home and how she was able to put together the team that helped her get it.  In part 2 of the video below you will hear from David Crowell of Mortgage Network on how to make it happen. Read the rest of this entry

The Medicare Tax is a 3.8% tax that goes into effect January 1, 2013 and it does not apply to all Hilton Head owners.  Only “high income” owners with Adjusted Gross Incomes(AGI) of more than $200,000 for individuals or more than $250,000 for married couples will have to deal with this new tax. As well, it does not apply to principle residences under $500,000 held jointly or $250,000 for a single.  We suggest checking with your financial counselors to see if it is beneficial to sell before this new tax is put into place.  The reason it is called a Medicare Tax is that this money will be allocated to the Medicare Trust Fund that is part of the Social Security System.

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Condo insurance or an HO6 insurance policy bridges the gap in coverage between a condo association’s master insurance policy and the owner’s property (furnishings, fixture and personal items) and personal liability protection.  If you are acquiring a mortgage in order to purchase a villa on Hilton Head Island, your mortgage lender will most likely require you to purchase this policy. Read the rest of this entry

Thanks to our friends at Hampton Hall for this excellent golf membership comparison below.  If you would like club membership information packages on any of the clubs below, please contact us at robbie@robbiebunting.com or call us toll free at 800-932-3652.   Read the rest of this entry

Mark Twain and Will Rogers shared a sentiment as Twain said, “Buy land, they’re not making it anymore”.  This is especially true on an Island, like Hilton Head.  With over 97% of the Island developed there are timing opportunities that exist right now with vacant land.  In fact, last week one of our home owners on the Island purchased the land adjacent to his home to protect his privacy and for investment.  Land is one of the easiest forms of ownership and the land deals today are very compelling! Read the rest of this entry

Have you ever heard the Hilton Head Tree story? If you have never been to the Island or never heard the story it goes something like this: On Hilton Head Island we have protected our trees way before development really cranked up. Our century old live oaks, palmettos, magnolias, pines and all the other trees are considered one of the town’s most valuable assets.  Hilton Head Island put in place a plan, after all, they are our breathing buddies!

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