Hilton Head’s DailyDeals

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Want to get our DailyDeals list emailed to you every morning?  The list below was sent to us yesterday as we subscribe to watch the latest and greatest homes on the Island.  We can customize your list to include homes, villas or lots in the area you are researching.  We can include short sales or foreclosures too!  Just email us and write DailyDeals in the subject line.  Thank you.

6 results returned
Price: $2,999,999
Spectacular 180 degree oceanfront views and gorgeous sunsets. Most desired oceanfront, oversized wal …
Listing# 315792
Bedrooms: 6
Bathrooms: 5
Square Ft.: 5508
Price: $1,155,000
Beauty, warmth & value. Fabulous 4 Bedroom, 4 1/2 Bath home in prestigious Wexford Plantation. Outst …
Listing# 315790
Bedrooms: 4
Bathrooms: 4
Partial Baths: 1
Square Ft.: 5400
Price: $579,000
Spacious Custom Designed Home overlooking the Par 3, #11 Green and Lagoon of the Country Club of Hil …
Listing# 315776
Bedrooms: 4
Bathrooms: 3
Partial Baths: 1
Square Ft.: 3529
Price: $499,000
This is the best priced home in all of Shipyard. This is a 4 BR 3 full bath with a small den upstair …
Listing# 313433
Bedrooms: 4
Bathrooms: 3
Square Ft.: 2424
Price: $435,000
Large family home over 3400 sq. ft., with 4 hughe bedrooms and 31/2 baths. Exceptionally well done a …
Listing# 315794
Bedrooms: 4
Bathrooms: 3
Partial Baths: 1
Square Ft.: 3404
Price: $415,000
Fantastic 4 Bedroom, 3 1/2 Bathroom home with desirable new granite kitchen with skylights and cherr …
Listing# 315784
Bedrooms: 4
Bathrooms: 3
Partial Baths: 1
Square Ft.: 2442
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Hilton Head Island’s Homestead Exemption

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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.



Will Alt-A Mortgage Products return to Hilton Head?

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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.



Medicare Tax~HiltonHeadRealEstateNews.com

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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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HUD-1 Write-Offs for Hilton Head Buyers and Sellers

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Every year we  send out closing statements to our clients that bought and sold with us the previous year.  We provide this service so that our clients do not have to dig through their closing papers in preparing their tax returns and it saves time as they don’t have to call us.   These closing statements or HUD – 1′s offer possible write offs that sellers and buyers should investigate.

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Robbie Bunting and Jane Hyers on Hilton Head Island

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Meet Robbie Bunting & Jane Hyers

Robbie’s knowledge and expertise of Hilton Head Real Estate spans over 30 years.  He is a second generation Realtor and together with his assistant Jane Hyers, they have developed a very dynamic approach to the evolving real estate market.  By combining a personal approach to the most recent technologies, Robbie Bunting and Jane Hyers provide the very best for their buyer and seller clients.  As one of the top ten agents on Hilton Head Island, their goal is to create a raving fan with the services they provide you. Read the rest of this entry



BEAUFORT COUNTY REAL ESTATE TAXES & APPEAL PROCESS

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Tax time is here again, and for those who purchased in 2010, this is your opportunity to appeal.  Your appeal must be filed by the end of 2011.  The good news is that even if you purchased in 2008 or 2009 you can still appeal.  Like the 2010 purchaser, the 2008 and 2009 appeals may only appeal with transfers that occur in the year of purchase and no transactions after the year of purchase may be used as a basis.  Unfortunately, if the property was acquired before January of 2008 the chance of a successful appeal is minimized.  Realtors ® did make some positive strides in 2011 to change the 2006 Point of Sale tax code but the change only benefits 2011 purchases and only those assessed at the 6% rate or commercial properties. In a nutshell, if the property had been acquired after 2002, the chance of benefiting by this law is minimized because the purchase price less 25% cannot be below the property’s Fair Market Value of record. Read the rest of this entry



Researching the costs of Hilton Head Ownership

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If you have been researching property on Hilton Head Island and were wondering what the estimated costs are, we have developed a program for a cost analysis that we can prepare any property on Hilton Head Island. This cost analysis plugs in everything from Property owners association fees, villa regime fees, yard maintenance and even rental income if you are considering rental.  Let us know if you would like for us to prepare an analysis of a property and we will email it to you.



The Timing’s Just Right on Hilton Head Island

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YouTube Preview ImageThere are really only two options that you need to take in the next few weeks.  If your property is working for you and meets your present and future needs than you should absolutely consider refinancing your property as rates will never be this low.  Most people do not realize how low these rates really are:

  • We have had clients hover around a 3.3% 15 year loan ~ which is $709 per month per $1,000 dollars per month
  • We have had clients hover around a  4% for a  30 year conforming fixed rate or $490 per month
If you want to sell or think you cannot sell, give us a call and we will help you figure this out.  Our email is robbie@robbiebunting.com or call me at (843)842-0805.  Thank you.

 



There is always a silver lining on Hilton Head

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A note from Matt Webster at Suntrust Mortgage: Lately there has been a lot of negative press about the real estate market, but there is always a silver lining to every situation.  The obvious positive spin on today’s market is that everything is on sale.  With prices and interest rates at  these extremely low levels, now is great time to buy.   This is really nothing new, but I believe it is worth repeating. Read the rest of this entry




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