Friday, August 31, 2012

The Sun is Shining on our Neighborhood



After days of rain, the sun is finally peaking through and bringing back some sunshine and blue skies for the last weekend of summer. The rain, which was desperately needed, certainly overstayed its welcome. This gorgeous weather has got everybody outside playing tennis, lying by the pool or the beach. Anything that involves soaking up some sun before the summer ends and we’re left counting down the days until summer starts again.

Here is our view from Windmill Harbour on this beautiful last day in August.

 

Blog post and pictures by Emily Grant, summer intern at the Richardson Group.

 





 












The Richardson Group has been selling Hilton Head real estate and Bluffton Real Estate since 1956. Currently, our agents share 150 years of local residency, along with a deep commitment to the people and places that make the area unique. We have two different locations, one in Hilton Head and the other in Bluffton. We specialize in helping you find homes for sale in Hilton Head.

Wednesday, August 29, 2012

Just Listed in Windmill Harbour

Expansive water views  from this great building site.  Buy now while prices are low and build your dream home when you are ready.   Windmill Harbour  is a quaint Charleston themed community .   Home to the South Carolina Yacht  Club.  Enjoy all the fun of a boating lifestyle--there is a  260 slip marina, day dock, brick walking paths, full time Harbourmaster, pools, hottub, fitness center.... For more information, call Lonnie Goulet at 843-681-5600.



The Richardson Group has been selling Hilton Head realestate and Bluffton Real Estate since 1956. Currently, our agents share 150 years of local residency, along with a deep commitment to the people and places that make the area unique. We have two different locations, one in Hilton Head and the other in Bluffton. We specialize in helping you find homes for sale inHilton Head.








Friday, August 24, 2012

Bark for Your Park ~ Vote for Bluffton

Bluffton is one of the finalist for a free dog park! Please vote!!

Announcing our Finalists!
For Contest Overview, Official Contest Rules & City Nominations please visit PetSafe.net
PetSafe Bark For Your Park Logo

Announcing the 15 Finalists!

Your facebook vote has already been registered for today. You can vote again on our website.
Your vote from facebook has been successfully counted.
Allentown , PA
Auburn , NY
Bloomington , IN
Bluffton , SC
Derby , VT
Essex , VT
Hernando , MS
Lynchburg , VA
Mountain House , CA
Oak Forest , IL
Orland Park , IL
Oxford , MS
Temple , TX
Texarkana , AR
Westfield , IN

Ways to Increase Your Home's Value

Top 10 ways to increase your home's value

By Trulia | Published: Oct 14, 2009 | 45 Comments
If you have the bug to sell your home, you may want to grab a tool belt first. Why? In today's hyper-competitive real estate market, agents often tell their clients that it's a "price war and a beauty contest". So in addition to being the best priced home on the block, you need to be sure that your home also delivers a knock out first impression.
A terrific way to position your home to attract the maximum number of suitors is to provide buyers with a home that is in turn-key condition. A turn-key home is one that a buyer can move into without inheriting a list of unfinished projects. So what are the top 10 ways to increase your home's value? Let's take a look:
  1. Siding and exterior paint

    One of the fastest ways to make a better first impression with buyers is to paint the exterior of the home and, if needed, to replace the siding. A fresh coat of paint will freshen up the exterior and modernize the appearance. Just be sure to use colors that will appeal to the largest number of buyers (sherbet orange is probably not a good choice). To experiment with different colors and schemes, try using virtual painting programs available at many paint manufacturing websites like Benjamin Moore Paints
  2. Windows and doors

    By replacing old windows and doors with stylish and efficient alternatives, you may be able to attract buyers who may otherwise pass on your home only because it is a little more mature than its competitors. Although the choices can seem endless, by carefully reviewing the homes that are actually selling, you should be able to narrow down your choices. Also be sure to keep your proof of purchase since the IRS is now providing up to a $1500 tax credit for windows and doors installed before the end of 2010.
  3. Landscaping and lighting

    Investing in new sod, bark, rock, shrubbery, and trees can turn a tired looking front yard into an inviting space literally overnight. If you don't have a green thumb, check out landscaping.com for ideas. In addition, consider how your home looks after dark when many buyers are still cruising the streets. Installing new lighting fixtures can both enhance the home's ambiance at night and modernize the exterior during the daylight hours. For hundreds of ideas visit LightingDirect.
  4. Flooring

    Your home's floors need to be clean, modern, and stylish. They should tie the home together and flow seamlessly from one room to the next. So how can you be sure you don't pick a carpet or floor covering that buyers will hate? Ask for advice from flooring experts like Shaw and become an open house junkie.
  5. The kitchen

    If your kitchen needs a face lift, consider updating the cabinets and countertops as well as the plumbing fixtures. However keep in mind that your home only has to be comparable to your neighbors' homes - it doesn't necessarily have to surpass them. For instance, purchasing granite counters may not impress value shoppers and may turn them off if they believe they will have to pay more for the home because of the higher cost. Want ideas on kitchen designs that will impress a buyer? Check out HGTV for inspiration.
  6. Bathrooms

    Let's face it, we all spend a lot of time in the bathroom. So it's no wonder buyers want their new bathrooms to be user friendly. New toilets, tubs, and cabinetry can be a big investment, but small projects like cleaning or replacing tile grout, re-caulking, and repainting can make old bathrooms sparkle. Pay special attention to the little things like chipped sinks and tubs, exhaust fans that may need cleaning, and dated light fixtures. For ideas and design tips visit KitchenBathIdeas.
  7. Lighting

    If swag lamps are still hanging in your living room, it may be time to update your home's lighting scheme. A well lit home can accent the best features of each room and provide buyers with a classic case of the warm and fuzzies. For instance, under-cabinet lighting in the kitchen can show off a unique view of the counters, while canned lighting in the living room can be used to highlight décor and design elements that might be missed otherwise.
  8. Interior painting

    Look inside almost any model home and you will quickly find that white is out and color is in. Of course, that doesn't necessarily mean you can grab the nearest color wheel and paint brush and go to town. Colors still need to match each other and blend in with the décor of the home. Try to use accent walls to punch up the impact of your colors and visit local design centers for more ideas.
  9. Roof and foundation systems

    To ensure that you receive top dollar for your home and avoid a deal breaking inspection report, now may be the time to get these areas of your home in order. Lenders often want to know that a roof will last at least another 3-5 years and that the foundation is keeping the entire home off the ground without any apparent failures.
  10. Deep cleaning

    The least expensive thing any seller can do before marketing their home is perform a deep cleaning of every surface in the home. A bucket, some soap and water, and a few rags can transform nearly any home into a show-ready model home. But don't skimp. You need to dig in and get dirty, and yes, that means you have to clean under the stove and refrigerator. Not sure how to start? Visit The Housekeeping Channel for guidance.
Overwhelmed? Don't be. Pick one or two items on this list that fits your budget and jump in. Work your way down the list, and you will know that you have made every attempt to put your home in the best position possible to impress a buyer.


The Richardson Group has been selling Hilton Head realestate and Bluffton Real Estate since 1956. Currently, our agents share 150 years of local residency, along with a deep commitment to the people and places that make the area unique. We have two different locations, one in Hilton Head and the other in Bluffton. We specialize in helping you find homes for sale inHilton Head.

 

Thursday, August 23, 2012

Renovations are moving along!


Gatehouse Renovations
You may have been wondering what's going on at the Windmill Harbour entrance on Hilton Head Island. We are in the process of enhancing our beautiful neighborhood for residents and guests with a brand new gatehouse. The progress on the new Windmill Harbour Gatehouse is moving along nicely. In a few short days, the old building was removed and the foundation for the new building is being poured today. Our community entrance is still located along HWY 278. For this stage of the construction, our exit will be through the back gate and proceeding to HWY 278 via Blue Heron Point Rd. Here’s a drawing of the new gatehouse, which should be completed by the end of November.


The Richardson Group has been selling Hilton Head realestate and Bluffton Real Estate since 1956. Currently, our agents share 150 years of local residency, along with a deep commitment to the people and places that make the area unique. We have two different locations, one in Hilton Head and the other in Bluffton. We specialize in helping you find homes for sale inHilton Head.

Thursday, August 9, 2012

5 Mistakes Buyers Make in a Hot Market

This is a nice article found on Trulia. So often we see buyers hesitating on the home they love only to find it went under contract before they made their decision. Has this ever happened to you? Moral of the story, when you find your dream house, don't wait!

  • 5 Mistakes Buyers Make in a Hot Market

    Posted Under: Market Conditions, Home Buying, Credit Score | August 8, 2012 2:29 PM | 678 views | No comments
    Note: This is Part 1 of our two-part 'Hot Market Mistakes' series.
    While home prices are nowhere near their peak of 6 or 7 years ago, the nationwide data is clear: the housing market this summer has been hotter than at any time since the recession:

    • The Census Bureau just revealed that new home starts rose 6.9% in June to their highest level in four years - up 23.6% from a year earlier.
    • In April, home prices rose for the first time in seven months, according to the S&P/Case-Shiller home price index.
    • The number of home sales pending rose 9.5 percent year-over-year from June 2011 to June 2012, as reported by the National Association of Realtors.

    Given this rapid turn of the market, what’s a buyer to do? Maybe take a new approach to prepping for the hot market house hunt. To that effect, I submit that savvy buyers will find more pitfall-preventing power in learning what not to do. Inspired by the last time we had a market heated up by short times on market, low inventory and multiple offers, here are five hot market mistakes home buyers should avoid making:

    1.  Acting out of desperation. Deep inhale - aaaaaand exhale. It’s extremely easy to get caught up in the lightning-fast pace at which the great homes come on and off your local market, growing panicked and even desperate - especially when you see ‘just-right’ homes go from 'New' to 'Pending' status before you can even get an appointment to see them!

    But know this: desperation has no place in a home buying transaction. Panic does nothing but cause people to make impulsive and otherwise unwise decisions, ranging from talking themselves into a home that isn’t quite what they really want, to paying way more than they can truly afford to spend (see #s 4 and 5, below).
    If you’re in the market for a home, and your local market is so hot it’s causing you to feel freaked-out, panicked or overwhelmed, remind yourself that:

    • There are probably hundreds of homes in your neck of the woods that will meet your needs. When one goes off the market, another is on it's way on.
    • There is no ‘perfect’ home.  If you didn’t get that one that seems like ‘the one,’ then, by definition, it’s not ‘the one.’
    • Every home you see or make an offer on, and don’t get, equips you with a better understanding of the market, putting you in a better position to get the home that will eventually be yours. In life generally, I believe every experience is either a stunning success, or a successful education. Look at the homes you miss out on as an opportunity to get a successful education about the market.

    Desperate is bad.  Urgent, however, is good. If you know, for example, that single family, 3+ bedroom homes, near downtown under $400,000 move very, very quickly, then act on that knowledge:
    • Ask your agent to notify you as soon as they hear of homes coming on the market that meet your needs - even before they are on the MLS, if possible.
    • Give your contact information to the listing agents at Open Houses similar to what you’re looking for and ask them to drop you a note if they get similar listings.
    • As soon as you see a new listing that seems like it might work for you, go see it - don’t wait for the weekend. And if you see a home and really like it, make an offer without further ado. 

    2.  Hesitating. What’s worse than seeing great properties come and go before you can get out to see them?  Seeing them go into contract after you view them, but before you make your own offer. When the market is hot, often buyers who have been sitting on the fence or simply window-shopping for ages will stumble into a great Open House and decide that it’s time to make an offer, only to realize that their loan approval has expired and it will take a day or two to get a new one. At the other end of the spectrum, buyers who have just started house hunting can come across a home they love, but drag their feet in making an offer because (a) they’re used to a slower-paced market, so don't recognize the urgency and (b) they aren’t 100 percent sure something better won’t be coming right along.

    On a hot real estate market, hesitation can be costly.  You can end up in a multiple offer situation where you would have been the only offer a few days prior, or can even end up losing out on a property entirely because another, more decisive buyer swoops the place right out from under your nose.

    Morals of the story: Make sure you maintain a current loan approval in place at all times - in fact, I say you shouldn’t be out house hunting if you don’t have a current loan approval.  And, for those new to the house hunt, go Open House hunting even when you aren’t completely in love with the listings you’re seeing online. Once you’ve seen a good number of homes, you’ll have more material against which to compare every other home you see, making you less likely to dither before making an offer when you do find a good one.

    3.  Ignoring the market entirely.  I’m not an advocate of making your decisions about whether and when to buy or sell based on what’s happening in the market. Rather, I recommend making your real estate decisions based on what’s happening (and what you forecast and envision will be happening in the next 5-10 years) in your family, your career and your life. 

    That said, when it comes time to execute your decision to buy, it’s foolhardy not to take market dynamics into account.  I’ve seen many a buyer over the years decide to stick their heads in the sand and their ears in their fingers, tuning out all of the market ‘noise’ as though it doesn't apply to them.  Unfortunately, in a hot market, this usually results in them getting beat out for 5 or 10 different houses, then having the emotional kneejerk reaction of throwing every single dollar they have at the next house they fall in love with - whether it’s the right house or not, and whether they can truly afford it or not.

    You don’t want to fall under the panic-inducing spell of the market, but neither do you want to ignore it. Rather, ask your local agent to help you pay attention to neighborhood-specific information, like:
    • which types of properties move quickly,
    • how many days they generally stay on the market,
    • whether multiple offers are a reality you need to face, and
    • how much over-asking homes like the one you want are selling for.

    Then, use this information to make strategic decisions about your home buying process, covering everything from which properties and areas you’ll focus on, how quickly you’ll need to get out to see listings and - most importantly - what price range you should focus your search on.  If you know homes are selling for over-asking, engineer your search price range to be low enough that you can be successful, rather than exclusively looking at properties priced at the top of the range you can afford.

    4.  Financial fogginess.  Don’t run the numbers in your head.  Don’t ballpark your income, the big bills and such on a notepad, stick your finger in the wind, and decide you can afford X number of thousands of dollars a month for a home. Home buying is the big leagues, financially speaking, so you need to be sparkling, crystal clear on precisely what you can afford. This universal truth of home buying is especially critical in a hot market, where you may be faced with the need to make decisions about whether to increase your price range or your offer price on relatively short notice.

    Either keep an income/expense journal, use an online money app like Mint or Manilla or sit down and do a deep dive into your last few months’ checking and other account statements to get a complete picture of what you can afford and to get conscious about what sacrifices might want or need to make. 
    It is not overkill to bring your tax advisor or financial planner into this conversation, so they can help you understand how your tax situation as a home owner may change, freeing up some extra monthly budget room for your mortgage, property taxes, insurance and HOA Dues or Private Mortgage Insurance (PMI), if applicable. Also, make sure you include line items for your savings, retirement investing, gifts, school tuition, travel and recreation - the sorts of things that lenders will not account for when they tell you what their guidelines say you can afford.


    5.  Overpaying.  There are several ways to overpay for a home.  You could pay more than the place is worth, which is difficult to do if you are buying the place with a mortgage loan which requires an appraisal. You could pay more than you need to in order to get the property, which sometimes happens to buyers in multiple offer situations, and buyers who have experienced the trauma of losing out on home after home, and who just decide to make a high offer to get closure and secure a place they like. Whether any price meets this second definition of ‘overpaying’ is difficult to ascertain, as it would require us to know what would have happened in the hypothetical world in which they didn’t offer such a high price and so, might not actually have been the successful buyer.

    The antidote to both these forms of overpaying is simple: pulling the comparables before you decide what to offer.  It only takes a minute, your agent will help you, and it’s just not prudent, in 2012, to decide on an offer price without a fresh pull of the sales data on the similar, nearby homes that have recently sold.  If your agent includes active and pending sales in their pull of the comparable data set, you may also find out useful information like whether several other competitive properties have just hit the market, or that all of the competition is now pending - things that might also inform your motivation levels or price strategy.

    And there is a third, more insidious form of overpaying that haunts hot market buyers as well: paying more than you can truly afford for a home. It’s fine, even expected, that if you thought you were buying into a depressed market and instead end up buying in a hot one, you might have experienced some upward ‘creep’ in what you’re willing to spend for a home. But that doesn’t excuse letting that creep go beyond what you can truly afford, overextending yourself. 

    This form of overspending is also more difficult to do now than it was before the housing market recession began, as lender guidelines a much tighter now than then. But it’s still possible - especially as lenders don’t account for what you should be putting aside for savings, for retirement, for your children’s education and other essential monthly budget items that impact what you can truly afford to pay for a home. 

    The only cure for this form of overspending is for you to both know (see #4, above) and to set in stone what your actual, top-line maximum home purchase price is - even if you are the only one who knows this number, in your own head. Your mortgage professional can help you work backwards from the amount of cash you have to invest in the transaction and the maximum amount you can devote to your housing costs on a monthly basis, to arrive at your maximum home purchase price.

    Long story short - if you’ve been pondering the prospect of buying a home for long, you might feel like you’ve been sitting in the economy section of an emotional rollercoaster. Prices fell so fast you might have doubted whether buying makes sense at all. Now, with barely a plateau, they’re on the upswing - and every other buyer in town seems to be dropping offers on the choice homes before you can even get out to see them.  Use these tools to avoid repeating the mistakes of the last generation of homeowners.

The Richardson Group has been selling Hilton Head realestate and Bluffton Real Estate since 1956. Currently, our agents share 150 years of local residency, along with a deep commitment to the people and places that make the area unique. We have two different locations, one in Hilton Head and the other in Bluffton. We specialize in helping you find homes for sale inHilton Head.

Tuesday, August 7, 2012

Klepto Kitty the Cat Burglar ~ Cute Video

Neighbors in a California community know this cat burglar by name but his victims won’t be filing any police reports. Their neighbor, Dusty, has stolen more than 600 items from them over the past 3 years. Need some humor today? Check out this video!

 
The Richardson Group has been selling Hilton Head realestate and Bluffton Real Estate since 1956. Currently, our agents share 150 years of local residency, along with a deep commitment to the people and places that make the area unique. We have two different locations, one in Hilton Head and the other in Bluffton. We specialize in helping you find homes for sale inHilton Head.