Greetings from the SC Lowcountry!
We are most fortunate to live and work in this slice of paradise. Weather has been moderate thus far this winter with some cooler weather anticipated later this week. Cool means in the 40's! January's average daytime temperatures is 55 degrees. Depending on wind direction, it's warm enough for a stroll on our 13 miles of beach or a round of golf at any of the 20+ courses here on Hilton Head Island alone.
If you've been thinking of sunshine and palm trees, it just might be time to make the call and come on down. Rental companies are offerng some super discounts and don't forget to stop by our Owner Direct Rental Page at www.ShipyardRealEstate.com to check out our inventory of available properties.
Financial News Update:
Smart money says that now is the time to buy! I can't say it enough, Prices are down, Rates are down (5% +/-) and there are a lot of property owners who would love to sell. I urge you to consider that home or villa you have been dreaming about. It just makes sense.
Check out my website www.WillyFanning.com to acess all the listings in the MLS.
I would also highly suggest that you contact your favorite Beaufort County Lender to begin the process of getting a Pre-Approval for a loan. You can not make an offer on a Bank Owned Property without one and it streghtens any offer to a non bank seller.
Don't have a lender or need help locating one? We have a list of lenders who do a great job and want to hear from you!
What does it all mean? Where do we go from here?
Thanks to Mr. Obama and his new Democratic Congress, we expect that the mood of the country will become increasingly positive and fear of a financial meltdown will begin to wane as the programs and stimulus packages enacted begin to take hold.
Isn't the price of homes and villas going to keep coming down? Yes and No. Yes there is speculation that prices will keep falling and there is speculation that the Hilton Head market has stabilized. But at current interest rates, monthly mortgage payments will still be less at today's prices than if prices were to fall another 10%.
Interested in Foreclosures? Send us an email to request a list of the available properties here in the Lowcountry from Sea Pines ($249,900) to Sun City ($170,000).
1st Time Homebuyers- the Federal Government is offering a credit up to $7,500. If you have been waiting for a good time to own your first home, your wait will be rewarded. Call us for specifics on this program and to begin the search for your 1st home!
Lower property prices+Lower interest rates+Available inventory = Great Opportunity!
We are in our 20th year of living in the Hilton Head area. Let us know how we can be of service and how we can help you find your place in the sun.
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