Monday, November 05, 2018 / by Tim Peirce
Beaufort County homeowners should have already received their reassessment in the mail. Let’s explore what this reassessment notice means and what you can do if you disagree with it.
Like many others I’ve been hearing from, you may have recently received a Beaufort County reassessment notice and have questions about it. So today, I’ll go through what this is and answer some of your questions and concerns.
Beaufort County assesses properties in a few different ways. The most common way is an assessable transfer of interest, also simply known as the sale or retitling of a property. Typically when a home is purchased, that purchase price is used to value the property, which is adjusted in the subsequent year of ownership.
A lesser known way of assessment is through a county-wide assessment, which is the notice you’ve recently received. These updated values are as of Dec. 31, 2017, and you’ve most likely seen your value increase quit ...
Tuesday, October 02, 2018 / by Tim Peirce
Enjoy the pleasures of boating without the maintenance and hassle by joining the Freedom Boat Club here in Hilton Head. Steve Sherman is here to tell you how.
I’m proud to do my first business spotlight today, and what better way to begin than with the Freedom Boat Club?
I’m here with Steve Sherman, the head of sales and new memberships. Steve is actually the one who signed me up with the Club six years ago, so I wanted to give him an opportunity to tell us about the Freedom Boat Club and what its members are all about.
The Boat Club is one of the coolest ways to get out on the water and enjoy the lifestyle in Hilton Head without all the hassles of owning a boat. They have 32 boats in the fleet between their Hilton Head and Beaufort locations.
The Freedom Boat Club rotates its entire fleet at a minimum of every three years, though they’re trying to reduce that down to every two-and-a-half years. This way, its members will always be on new or like ...
Thursday, September 13, 2018 / by Tim Peirce
Though certain home improvement projects can add value to your home and bring a high return, not all of them do. Here are the top five projects that are guaranteed to boost your home’s appeal.
Today I’d like to quickly address a topic that homeowners have been bringing to my attention lately: home improvement projects.
With home prices continuing to rise in our market, homeowners and sellers have asked me about what types of home improvement projects they should do to improve their property’s value. So today I’ll be giving you my top five guaranteed home improvement projects to help you sell your home for the most money possible.
1. Replacing your garage doors. This can be a relatively small investment, but can bring you a high return—the National Association of Home Remodelers actually estimates that replacing your garage door can bring a 161% ROI. Since the garage door will be one of the first things that buyers will see, this is a great ...
Wednesday, August 08, 2018 / by Tim Peirce
Do you know how to spot and avoid some of today’s most common real estate scams? I have some information to share that could help buyers and sellers alike stay safe while navigating our current market.
Most people are good and honest, but there will always be bad apples looking to take advantage of the rest of us. Unfortunately, the real estate industry is no exception. There are a number of real estate scams out there.
However, if you know how to identify this kind of unscrupulous activity, it will be much easier for you to avoid falling victim to it. Today I’d like to highlight a few of the most common scams in our market so that you know what to watch out for during your own buying or selling experiences.
1. The mortgage closing scam. This is the most common of all the scams we’ll be covering today. According to the FBI, nearly $1 billion has been stolen as a result of this scam in the real estate industry. Here’s how it works: The scammer ...
Monday, July 23, 2018 / by Tim Peirce
Today I am taking a look at our current market and giving you a little advice on how to price your home when selling.
Our market continues to be strong. Many people ask if we are concerned about an upcoming bubble,
however the fundamentals that are in place right now are very strong. To understand the market, I
look at the months supply of inventory and the days on market.
Currently, there is 5.3 months of supply for single-family homes and 4.5 months of supply for condos.
This means that if no new homes were added to the market, all of the homes would be gone in 5.3 months or
4.5 months, respectively. Anything below six months is a strong market.
Meanwhile, our days on market continue to trend downward. This is a really good sign that the market is strong.
The price range with the lowest days on market, or the homes moving the fastest, is anything between $100,000
and $225,000. Homes in this range are on the market for only 115 days on average. The slowest movin ...