Friday, 19 June 2009

Archive for July, 2009

Myrtle Beach Realtor – Stop, Take A Minute To Feel This!

Wednesday, July 29th, 2009

Nothing more need be said, just click and listen………………………………

http://shock.military.com/Shock/videos.do?displayContent=91859

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Myrtle Beach Real Estate – RE/MAX Balloon Serves As Weather Booth”

Tuesday, July 28th, 2009

Why RE/MAX Stands Out!

It’s no secret that the RE/MAX Balloon is the most recognizable symbol in real estate. Apparently, it’s a hit on weather reports, too. On July 3, Chicagoans got an eyeful of the RE/MAX Hot Air Balloon in the skies and on TV when CBS-TV meteorologist Ed Curran took a ride in the balloon. He delivered the morning weather report live from the balloon, which was filmed by the CBS2 helicopter crew as it glided in the Chicago skies.

Watch video of the RE/MAX Balloon ride  (scroll down to the blog entry dated July 3, “Pure Flight”).

When you want full service you can depend on RE/MAX

Myrtle Beach RE/MAX Southern Lifestyles

One of Many Balloons

One of Many Balloons

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Myrtle Beach Real Estate – “THANK GOODNESS, A RAY OF SUNSHINE”

Monday, July 27th, 2009

New-Home Sales Jump by 11%, Largest Monthly Rise in 9 Years
New-home sales rose by the largest amount in nearly nine years last month, in another sign the housing market is finally bouncing back from the worst downturn in decades.

LINK FOR FULL STORY!

Full MLS Search at www.FindYourMyrtleBeachHome.com

 

 

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“You May Be Eligible For GI Benefits”

Thursday, July 23rd, 2009

Veterans  

YOUR GI BILL IS WORTH UP TO $47,566

 

 

 

You may be eligible for more than $49,000 in GI Bill Benefits

• Connect with Military and Veteran Friendly schools
that offer VA approved education programs

• Get more information about high-paying degrees
like Criminal Justice, IT, Legal Studies and more

 

Follow This Link For Additional Veteran Information

 

 

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RE/MAX Makes A Difference – Childrens Miracle Network

Wednesday, July 22nd, 2009

 

CMN Baloon

RE/MAX Agent Makes Every Home a Miracle Home®

www.childrensmiraclenetwork.org.

RE/MAX is proud to promote its commitment to Premier Community Citizenship, which translates into millions of dollars for Children’s Miracle Network.

Myrtle Beach, SC

Doug Procter or RE/MAX Southern Lifestyles gives back to the local Children’s Miracle Network hospital through participation in the Miracle Home® program, making a donation with each real estate transaction.

“My clients know that I am a passionate supporter of Children’s Miracle Network,” said Doug Procter. “ In addition, instead of buying a closing gift that may or may not be what my clients like, I will if requested. make a donation to our local Children’s Miracle Network hospital. When my clients receive an ‘Honor Card’ informing them that I have made a gift in their name, they are always extremely touched.”

In 2008, RE/MAX agents in North America raised over $8 million for Children’s Miracle Network hospitals. “Year after year, and despite the challenges that face their industry, RE/MAX agents prove that their compassion for the community defines who they are and how they do business. Through the Miracle Home program, agents’ cumulative efforts enable our network of hospitals to bring expert care to millions of deserving children,” said Scott Burt, president and CEO of Children’s Miracle Network.

Even as the housing crisis continues to impact the economy and the real estate market, RE/MAX agents continue to live up to their motto “Outstanding Agents, Outstanding Results®” in their support of Children’s Miracle Network.

 

 

###

 

About Children’s Miracle Network

 

Children’s Miracle Network is a non-profit organization dedicated to saving and improving the lives of children by raising funds for children’s hospitals. Each year the 170 Children’s Miracle Network hospitals provide the finest medical care, life-saving research and preventative education to help millions of kids overcome diseases and injuries of every kind. To learn more go to

 

About RE/MAX International

RE/MAX was founded by Dave and Gail Liniger in 1973. It has grown from a single office in Denver, Colorado, to be a global network of nearly 100,000 real estate agents in more than 70 countries. Today, nearly all U.S. home listings can be found at remax.com, the most visited Web site of any real estate network. No one in the world sells more real estate than RE/MAX.

If you would like more information contact me: DProcter@DougProcter.com

 

 

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Myrtle Beach Real Estate – “Point of Sale”

Tuesday, July 21st, 2009

 

 

 

Property Tax Increases

South Carolina REALTORS®

 

When you purchase a home, the assessor can raise the assessed value of your home to the current sales price (point of sale assessment). SC Property taxes are calculated by the formula below.

Assessment Caps

New laws limit the increase on assessed property

VALUE

to 15 percent every five years. The cap is removed if the property is involved in an “assessable transfer.” Reduce Yourtax liability

-

x

VALUE

set by Assessor

 

Millage Rate

 

set by Local Elected Official

 

 

x

Assessment Ratio

 

4% – Primary Home

6% – Rental, Commercial, Land 10% – Industrial

Tax Credits

 

set by Elected Officials

Assessable Transfers

Sale of property

Rent-to-own

Transfer to/from trusts

Transfer by will

Long-term lease (20 years) Corporate transfers

Changes in zoning / rollback taxes

Exempt Transfers

Any IRS-exempt transfer

Transfer to spouse (divorce)

Insurance rebuilds (fire, etc.)

Foreclosure, forfeiture, deed in lieu

Life estates

Tax sales

Security interests

Estimating PropertyTax

Consult your attorney or accountant to determine how factors such as point of sale assessment may increase your property taxes. Buyers should get a written tax estimate from their tax assessor prior to closing, at the latest. SCR recommends that buyers get a tax estimate prior to contract.

Discuss this information with your attorney or tax accountant.•

You are responsible for paying your property taxes every year.•

If you fail to pay your property taxes, you will lose your property.•

Budget: Taxes, insurance, and possibly your interest rate may • increase every year.

Improvements, additions and remodeling add to your home’s • assessed value and will increase your taxes.

Review the summary of property tax bills from the SC Statehouse. • www.scstatehouse.gov/html-pages/citizen.html.

South Carolina REALTORS®

 

South Carolina REALTORS® is the largest professional trade association in the state, serving as the voice of real estate for more than 21,000 REALTORS® involved in all aspects of the residential and commercial real estate industries.

 

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Myrtle Beach Real Estate – “How To Make Money in Real Estate”

Monday, July 20th, 2009

Understanding Market Timing – When to Buy and When to Sell

At its heart, real estate investing is quite simple, you want to buy when prices are cheap and hold until prices are high and then cash out.  You can make a whole lot of money with this very simple premise.  The trick of course is in knowing when to buy and when to sell.

Article by Wendy Patton. To read this article in it’s entirety follow the link below:

http://www.wendypatton.com/article_real_estate_timing.php 

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Myrtle Beach Real Estate! – “What? Positive News Print!”

Saturday, July 18th, 2009

Just came out in the Sun News, maybe we’re seeing a little light at the end of the tunnel. It’s not often that the news will really publish something with a positive note so we should all read the following.

June marks first rise in sales since 2 years ago..

Grand Strand condominium sales went up 2 percent in June, marking the first time in two years that any local real estate sales have increased and signaling a potential bottoming of the market. Single-family house sales did not fare as well, dropping 19 percent compared with sales in June 2008.

The statistics pulled this week from the Multiple Listing Service also show that the median house price – the price at which half sold for more and half sold for less – is down 14 percent to $180,630, and the median condo price is down 19 percent to $130,000, when compared with the same month last year. Both residential and condo sales dropped overall through the first six months of the year, but the decline was not as large as the same period in 2008. The market has bottomed out, and residential sales are not declining as rapidly, said Tom Maeser, the market analyst for the Coastal Carolinas Association of Realtors.

Several Grand Strand Realtors said they’re starting to see improvements.

Rachel Broadhurst of Century 21 Broadhurst and Associates said that sales are steady and consumer attitudes are improving, “Everything we’re selling is price driven,” she said. Most of her sales are in the lowest price range, she said.

It may take up to two years to get rid of the excess inventory and get back to a more stable market, but things will continue to improve, Broadhurst said, “We will continue to increase business, we will continue to inch up in just about all the types of real estate,” she said.

This first recovery is based on price, and the condo market is where the low prices are really fueling sales, Maeser said. The median condo price through the first half of the year was lower than it has been since 2005. Investors, who make up 66 percent of the Grand Strand real estate market, are more likely to purchase condos, which may also account for the slight uptick in sales, Maeser said. Current investors are more stable and are not as likely to be looking to quickly flip a house as their counterparts several years ago during the real estate boom, he said, “Prices have reached such a point that they can’t go much lower, so the typical investor comes back year after year; they know these are good deals,” Maeser said.

Penny Boling of Century 21 Boling & Associates said that with low interest rates and low prices, she is starting to see multiple offers on some of the lower-priced units, “I think people are realizing it’s a great time to buy,” she said.

Boling said the buyers she is seeing are primarily purchasing properties for personal use, rather than as investments. Another trend she has seen is an increase in buyers paying with cash.

In the first half of the year, 35 percent of sales were cash sales, the largest percentage in more than 10 years, according to statistics Maeser compiled.

Boling said she’s seen more cash transactions in the past three months than in the previous five years.

Carolyn Harbin, a Realtor at Surfside Realty, said today’s buyers are well aware of the good deals that are available, “They’re trying to get the best deal they can get for the least amount of money, and they are doing their homework,” she said.

Harbin said normal sales have started to stabilize and that some subdivisions will be raising prices because they are seeing sales pick up, “I hope for all the sellers we’ve seen the worst of it,” she said. “For all the buyers, they still have the chance to get a heck of a deal.”

The Sun News, July 17, 2009, Adva Saldinger
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WOW, CYPRESS RIVER PLANTATION HOMES!

Friday, July 17th, 2009

Blog PictureLooking for the ultimate community to rest your weary bones? You’ve come to the right place here in Myrtle Beach at Cypress River Plantation. Waterway living with all the extras. Take a trip inside and view these beautiful homes. Got any questions or wish to view any of these beautiful masterpieces my email is DProcter@DougProcter.com  or my direct line is (843) 267-2702 or visit my website at www.FindYourMyrtleBeachHome.com

Cypress River Plantation

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Real Estate Ethics – Fiduciary or Not Fiduciary, You Need To Know!

Friday, July 17th, 2009

Did you ever take time to meditate on what the word “fiduciary” really means?  If not, GoogleBing it up.  Do it yourself.  No twittering.  I’ll wait and hum the Jeopardy theme song while you read. Hmm – hmm – hmm – hmm…

Written by:George Bigalo …. For More Info follow the Link Below:

http://brokeragentsocial.com/article/394/how-do-you-spell-fiduciary

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