Hilton Head buyers and sellers have been behaving like turtles lately. Don’t get me wrong, I know they are smart, it’s just that they are moving too slow. Sure enough, sooner or later they will get there, but if they move too slow they will lose both time and money. All it takes is a little hope, courage and a miracle
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.
Did you know South Carolina offers a Homestead Exemption? If you are a new homeowner that has moved to Hilton Head Island or Beaufort County and hold fee simple title, been a resident for at least one year, are over 65, have a South Carolina Drivers License or are permanently disabled or legally blind you should apply for the Homestead Exemption at our Beaufort County Auditor’s office.
We love this time of year. The pace is slower, the properties are better and the negotiations more relaxed. If you are a seller, there are steps that we can take to close out your property by year end. If you are a buyer there are present opportunities that are available now that will be gone come the new year. Read the rest of this entry
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
If you drive through a security gate on Hilton Head Island, chances are there is an annual POA fee for this community. POA stands for Property Owners Association which is a group of owners that oversee the roads, the security, the common area maintenance, the insurance, the lighting and landscaping in these common areas. Some of these communities also include golf, tennis, marinas and other amenities. Listed below is a list of these communities and the costs associated with ownership and purchase. Read the rest of this entry
If you have purchased a second home, lot or rental property in the Hilton Head Area (or are thinking about it), you are in for a break. Governor Nikki Haley signed in a bill this week that will encourage investors back into the Hilton Head Island Real Estate Market. This bill will give home site owners and second home owners the opportunity to pay 25 percent less in property taxes or the fair market value in taxes on the property, instead of paying taxes on the sale price of the property. Read the rest of this entry
If you are a Hilton Head purchaser looking for property now or in the future, we offer South Carolina Buyer Agency and our Agreement which you may want to review. No longer is it caveat emptor or “buyer beware”. For buyers, this agency agreement can include term, be property specific and the proceeds can either be paid by you or as it is in most cases, paid by the seller from the published co-op fee(published proceeds) in the Multiple Listing Service. Many buyers that arrive on the Island do not know that this form of agency is available and should ask their Realtor about agency. It is always nice to be able to dance with the person that brought you!
If you are in the planning or building stages of your home or villa and and want to be more kind to our Island, take the items on Bunting Construction Companies GOING GREEN CHECKLIST into consideration. Below are some ideas to consider in your Hilton Head Property: Read the rest of this entry
If you are thinking of selling or buying real estate in the Hilton Head you need our monthly report below. This easy to read report is just one of the ways we stay on top of the market and guide our sellers and buyers through this changing market. These reports are e-mailed monthy to our clients and are available by emailing us at robbie@robbiebunting.com . If you have a few minutes and would like an explanation of how this information can help you, please call Jane Hyers, my assistant to set up a phone appointment at (843)842-0803.
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