Mar 16
The bottom is here or can be negotiated! Buyers should beware if bottom is hit too hard it can hurt. There are certain rules a buyer may want to follow when they buy real estate on Hilton Head Island today. Of course, we can help you negotiate a smooth landing in this new market. We have listed the top 10 Ten buyer rules that can make a buyers life a little more comfortable below:
- Do your homework. Savvy buyers are in the know. Your agent should be able to show you market trends for similar properties to the one you are looking at. These market trends not only become your guide to negotiating, they become the agents presentation based on facts when he/she presents your offer to the sellers agent. Good negotiations are based on facts.
- The process of elimination. Looking at real estate should be a fun process and your agent should always be getting you closer to the perfect property as time progresses. If you are not getting closer to the perfect property and not having fun anymore it is time to review your criteria again with your agent.
- Pretty girls stay home on prom night because no one asks. Have your agent write up an offer for you. If you have found a property that meets your present or future needs and you want to make an offer, go ahead, but if the seller does not budge, move your offer to a more realistic level. We are now experiencing multiple offers on properly priced properties and the time you spend starting off too low may mean losing the property to another bidder in the process. The average listing to selling price for our properties averages 93% of asking price for homes and villas.
- Move purposely! Never make a move without thinking at least two steps ahead. Your agent can help you determine these steps, but in all offers it is important to know what you are going to do and what the sellers moves may be. This is strategy at its best. See our negotiating cheat sheet.
- Don’t toss in the towel in too early! Once negotiations have begun, keep the counter offers moving and do not let pride get in your way. Many purchasers take the ball to the 1 yard line and give up. If you get to a stalemate, redraw your line. This is usually the extra effort that gets the property.
- Write a personal note with your offer! As a purchaser, you may submit a written note with your offer. In it you can outline why you love the property and this is also a good time to note what your offer is based on. These notes tend to add emotion to the sale and allow the seller to see you as a person and not someone trying to take advantage of them.
- Know when to stop negotiating! When you are writing the offer note any and everything you want in this agreement. You can always back these out in negotiation, but it is too late to ask for additional considerations after the contract is signed and delivered. Once your contract is signed, it is time to stop negotiating and start planning your move.
- Choose your inspector carefully! In today’s market, the wrong inspector can lead to a purchasers frustration and or concern. In choosing an inspector, look for one that has references from recent purchasers and agents.
- Get a warranty! If you have not asked your agent for a warranty, find out if they offer a warranty and what it covers. We offer a one year AHS Warranty or the Palmettto Electrics Champ Program to our purchasers.
- Cherish Now, Dust Later! A buyer will never be able to find better properties at better prices than right now on Hilton Head Island. Buyers that have bought recently are now enjoying their properties and their time on the Island, those that are still waiting or looking for the perfect deal may never have this opportunity.
Mar 16
Update your villa’s kitchen and baths!
If you own a villa or are looking at a villa that is in dire need of remodeling, we have asked our remodeler to provide a one stop shopping experience for your kitchen and bath! He has done some pricing and found terrific deals that offer the opportunity to transform your villa. If you are listed for sale or thinking of selling, or just want to enjoy your villa, this is a great time to remodel! As an agent, this is great information to know when you are selling a villa that needs updating!
Full Kitchen remodels from $12,650.00 includes:
Top of the line stainless steel appliances*
New cabinetry*
Granite counter tops*
Stainless steel under mounted sink
New tile flooring*
Full bathroom remodels from $8,500.00 includes:
Stand up tile shower
New floor tile*
New vanity cabinet
Granite top* and under mounted sink
New toilet
Please feel free to contact us to review your villa and provide suggestions if you are thinking of selling or would like helpful ideas to improve it. Feel free to contact the contractor below that has provided us with the information above and has completed remodels for our clients. Please note size and areas may vary. Please call for a quote today!
Mar 16
Do you dream of living on Hilton Head Someday?
Let’s assume you own a home free and clear in Ohio, or have a small mortgage. If you are over 62, you can get a Reverse Mortgage on the current property, and use the proceeds to purchase a Hilton Head home or villa! And the best part is that you have no payment on the home “up North”. Reverse Mortgage Program.
Take advantage of the low pricing on Hilton Head today!
Let’s say your existing home is worth about $650k, and you own it free and clear. The bank is going to give you a reverse mortgage of $300k on the existing home with no payment, and you can use that money to purchase a villa or home in Hilton Head free and clear. Once you move here on the island, you sell the property “up North” and pay off the Reverse Mortgage.
Is your money more valuable than your time?
Keep in mind, there’s no credit or income qualification for a Reverse Mortgage either. This is a great tool to take advantage of all the great real estate opportunities and to be quite frank, don’t take a chance on time. Call Matt today!
Contact:
Matt Topping
Sales Manager
Wells Fargo Home Mortgage
One Greenwood Drive
Hilton Head Island, SC 29928
843-686-9375 Tel
843-301-5200 Cell
866-972-5381 Fax
matt.topping@wellsfargo.com
Mar 10
If you are ready to start your Hilton Head area spring gardening, here are two ideas.
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Plant a medicinal herb garden(enjoy the article below) or contact Kaycey Hadl to plant a herb garden for you! Not only does her company do terrific landscape design, they also provide installation and maintenance. There email is
anchorland@gmail.com
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Call Christine at Sea Pines CSA for a truckload of Mulch for your flower beds. Of course, you may have to wait for delivery(there were 28 loads in front of mine and I have to wait a week or two), but the mulch is free(with the exception of any gate fees). The phone number for the free mulch is (843)671-1343.
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Mar 10
By Todd Brooks
Indications show that the 2010 rental season will be better than the 2009! 
The landscape of the vacation rental industry has changed over the last several years. The trend has been to book vacation plans closer to arrival date. The vast amount of information available on the Internet has enabled the potential guest to check availability and have numerous selections to choose from, eliminating the “sense of urgency” that we experienced in the prior years. As the economy weakened, the mindset of the traveler was to hang on to their money as long as possible. Read the rest of this entry
Mar 08
Why would you not want to be on every website in the World?
Because over 87% of all real estate purchases start on line, we post your Hilton Head Property on practically every website we can. Having many different websites for your property is like having several billboards around the world. You simply do not know how the buyer is going to search or find us, but we know that we have the web covered. Below are the bigger websites we have listed our properties for sale on. Read the rest of this entry
Mar 01
The Best Hilton Head Properties
Hilton Head’s Best of the Best:
Special Situations:
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Feb 24
For more information, contact:
Walt Molony 202-383-1177 wmolony@realtors.org
Fourth Quarter Existing-Home Sales Surge in Most States, Prices Up in More Areas
WASHINGTON , February 11, 2010
Strong gains in existing-home sales were the predominant pattern in most states during the fourth quarter, with many more metro areas seeing prices rise from a year earlier, according to the latest survey by the National Association of Realtors ® .
Sales increased from the third quarter in 48 states and the District of Columbia; 32 states saw double-digit gains. Year-over-year sales were higher in 49 states and D.C.; all but three states had double-digit annual increases.
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