How Do You Picture Yourself at 80 or 90 or 100 years of age?

Some people have an 80 year old mind and a 40 year old body. Many who are in their 50's would have a hard time keeping up with many of the folks you'll see in this video.

These people don't live in Sun City Hilton Head, but like them, there are so many here who have accepted the challenge of getting in the best shape of their lives and staying that way.

How about you?

 

Sun City Hilton Head is an active adult community for those 55 years of age an older. If you want to get fit, stay young...let me show you around our community.

You can call me at 843-368-9146

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Making the New Extended Home Buyer Taxs Credit Clear

 The video and accompanying chart will make the November 7th tax credit extension and expansion clear. This is courtesy of Keller Williams Realty, Inc., Austin Texas

 

Home Buyer Tax Credit Extended and Expanded

 
Current
New

Effective Date

·        January 1, 2009

·        November 7, 2009

Deadline

·        Close on or before 
 November 30, 2009

·       Contract signed before May 1, 2010, mustclose before July 1, 2010

·       Members of the uniformed services, foreign services, and intelligence employees who served an extended service of 90 days will have until April 30, 2011 and June 30, 2011.

Amount

·        First-Timers: maximum of $8,000  or 10% of sales price

·        Prior Owners: $0

·        First-Timers: Unchanged

·        Prior Owners: $6,500 if lived in prior home for at least 5 consecutive years of past 8 years.

Income Limit

·        Individual: $75,000

·        Couple: $150,000

·        Individual: $125,000

·        Couple: $225,000

Other   Restrictions

·       Home must be primary residence for at least 3 years. If home is sold or buyer moves before 3 years, must re-pay full amount of credit.

·       Buyer must be at least 18 years old and not classified as a dependent for tax purposes

·        Home must cost less than $800,000

·       New Home must be primary residence for at least 3 years following purchase. If home is sold or buyer moves, before 3 years, must re-pay full amount of credit. Exception for military, foreign services, or intelligence with extended 90 days service overseas.

How to claim

·       If purchased in 2009, by amending 2009 tax return or claiming on 2010 tax return

·       If purchased in 2010, by amending 2010 tax return or claiming on 2011 tax return


 

Fitness Made Easy in Sun City, Bluffton, SC.

fitness after 55

On Sundays,  I run a circuit that includes a one mile asphalt path. It's great for precisely timing pace for a mile. On several occasions--an elderly, petite lady appears in her "running shoes." I'd estimate that's she's close to 90 years of age. 

Wearing a flowery dress and a large hat that shields her from the South Carolina sun, she walks the one mile circle.  And, she times herself.  One sunday, I heard an audible "great!" --after she checked her watch. 

We have become fitness buddies and greet each other as we pass. What I find remarkable is that she is enjoying herself and has not lost that competitive spirit.

elderly lady sun city bluffton jogger

It is never too late to start getting in shape and when you do, you'll have more energy and enthusiasm for life. And, if you want to get away from the winter in the North, there is no better place to train then in sunny and warm Sun City, Bluffton, S.C.

Sun City is a community of "active adults." Just like my fitness friend, you can find a fitness activity that's just right for you.

For instance: Like to work out in a gym? There 2 Gyms with another on stream. Like to swim? There are 3 Pools, one indoor pool, and another outside pool is to be built.  Are you Golf addict? There are 3 golf courses. And, if racket sports are your thing, there are 12 courts available to test your stamina and skill. Or, maybe you enjoy team sports like softball. There are teams for all levels of players. There's much more to do here then you can imagine. And, I'd be happy to fill you in when you visit.

So, I hope you'll come play and have fun-- and soon. Why not give me a call? I'll be delighted to aid and abet a healthful living style by assisting you to find just the right home here in Sun City Hilton Head.

Call me at 843-368-9146 

Connect with me : on Facebook and  on Twitter

 

Point of Sale Tax Assessment is Bad for SC Real Estate and The Economy

Abraham lincoln"I gotta tell it like it is--"

Home buyers need to be clear on the Point of Sale Tax Law. I am hopeful that it will get repealed and soon.

Here's what our backward-thinking lawmakers put on us:

If you purchase a home in South Carolina, your taxes will be assess based on the SALE price (the market value), while comparable occupied homes will be assessed (not the market value) as they have been--let me explain:

Let's say you purchase a property for $300,000, you will pay property taxes on the sale price $300,000. Your neighbors, properties identical to yours will pay taxes on the assessed value--which will, more than likely  be much lower then the taxes on the newly purchased home.

What if the current assessment for home in the neighborhood are at $150,000 or $200,000--they pay much less in taxes. Doesn't seem fair. And it isn't.

Secondly, the current law limits assessment increases to 15% every 5 years. Again, my neighbor will be paying lower taxes on a comparable property.

What if I am in the market to buy a home. If I have a choice between paying higher taxes or lower taxes on comparable homes, I might choose the comparable home with the lower taxes.

Things are hard enough for the housing market. t We want industry--lucky we're getting Boeing--but tax laws like this one discourage businesses from coming here.

Be encouraged, the South Carolina Realtors Association is lobbying hard to get this law repealed. 

 

 

 

Consumer-Friendly Closing Statments Mandated

HUD

Heads  Up, Bluffton South Carolina Home Buyers 

The Department of Housing and Urban Development will require that closing costs be spelled out on a new, consumer-friendly version of the good-faith estimate form. Technically, lenders are to furnish borrowers this information within three days of applying for a mortgage. 

A new HUD-1 form will be in force, effective January 1, 2010. The new forms permit borrowers to compare good faith estimates with the actual closing fees. 

There are three categories of fees--

Fees that cannot increase from the good-faith--these include:

  • Lender mortgage origination 
  • Underwriting charges 
  • Lender points 
  • Local transfer taxes

Fees that can increase as much as 10 percent from the good-faith estimates, include:

  • Appraisals
  • Title insurance
  • Recording fees from local governments.

Fees that can increase include

  • Escrowed Initial deposits 
  • Daily interest charges on the loan
  • Home owners insurance

Now is a good time to purchase a home in Bluffton, Sun City or Hilton Head.

 

Realtors--what kind of inspiration do you need to get your off your duff? How bout this--

She's 82 years old! and completed the 2009 Marine Corps Marathon--

I think she blew past me...

Hey--you're never too old, it's never too late to get in the best shape of your life!

Bluffton, SC News Tidbits--from Sun City Hilton Head

 

Sun City Author Publishes New Book

Arnold Rosen of Sun City Hilton Head has published a book, "Before It's Too Late: Our Aging Veterans Tell Their Stories."  It includes 185 photographs and illustrations. You'll be able to read first-hand accounts of historic battles.The book features 47 profiles of local veterans World War II and Vietnam. You can see excerpts from the book by going to Rosen's website

 

Sun City Lagoons Repaired

Sun City Hilton Head Lagoon at Sun RisePulte Homes has made good on its promise to Sun City residents and has made repairs and dredged several lagoons that act as stormwater-retention ponds. The lagoons are located in  these Sun City Neighborhoods: Aster Fields, Basket Walk,

 

Murray Hill and Water Lily Cove neighborhoods. Lagoons function as filters and keep pollutants from rainwater from reaching nearby rivers, streams and marshes.

 

 

 

 

What Tax Credits Will Mean To Bluffton-Hilton Head SC Home Buyers

Tax Cuts and Tax Credits are good things! Especially for Local real estate market in the Bluffton, SC and Hillton Head Island area.

The House of representatives did a good thing--extending the first-time home buyer credit and, in addition extending tax credit of $6500 to move-up buyers. The President signed the bill today.

To Qualify

  • Applicants must have a purchase agreement in force by April 30th, 2010 and Close by June 30th 2010
  • Annual Incomes must be below $125000 for individuals an $15000 for those how file their taxes jointly
  • The Home must be a PRIMARY residence--vacation homes and investment properties are excluded
  • Applicants may purchase homes with values up to $800,000
How advantageous is this for Hilton Head, Island Real Estate?

Well, this program is  better than nothing. But, it would have been good for our law makers to consider areas of the country--like Hilton Head--with its larger inventories of vacation homes and investment properties--

While home sales will pick up nationally, sales of vacation homes remain depressed. That said, now is a great time to buy--that's what Warren Buffet does.

Bluffton Benefits 
Home builders should be jumping for joy. Newer Planned unit developments have been pretty quiet. This should be a shot in the arm for them and good medicine for the Bluffton economy.


Some Life & Business Lessons from The Marine Corps Marathon

I recently drove from Bluffton, SC to Washington DC to compete as a part of a team of 500  participating in the  Marine Corps Marathon.  Our purpose was to raise money for the Injured Marine Semper Fi Fund.

The funds are used to help seriously injured Marines, Sailors and Soldiers rehab and get them back to living life to the full. The fund also provides financial assistance to their families. 

I am happy to report our  Injured Marine Semper Fi team raised over $350000!

October 25th, 2009 was an ideal Marathon Sunday, with temperatures ranging from 45 to 62 degrees. Things kicked off with a 10K race, followed by competitors with physical challenges. Then, at 0800, the gun was fired for the throng of 30,000 to begin their trek to the finish. Marine Corp Marathon Start

You'd think that our team of 500 would blend in to the other 29,500 runners, But, I saw lots of red "Semper  Fi" shirts, got many pats on the back, as well as encouragement from my teammates, as they passed me. (Ha!)

Reflecting on this day, there are things I learned that I'd like to share--and believe these lessons can be applied to business and life:

1. The Marines employ systems and discipline. I've participated in 16 other marathons and no organization does a better job of organizing than the US Marines. Hosting 37,500 people takes some planning. The Marines are masters at planning and logistic.  They had a system for everything--from handing us cups of water to giving us our medals--all by the numbers, the same way, over and over again. The lesson? To make business and life run smoothly, create or adopt systems for success, and have the discipline to follow them. 

2. We are all in a race. It's called life.  Joy. Happiness. Encouragement. These can be found along our route. And rest assured, there are difficulties. Pain. Wanting to quit. Wondering if you'll finish. And somehow, you do.The Lesson? God is our help and hope, if you want Him to be.

3. We are blessed if we have a support team. My family-- wife, daughter, son and their spouses all showed up  at mile 18 with Tee Shirts that exclaimed "The March Team." I had to straighten up. No way was I going to be walking. My son in law, along with my son, who was carrying my granddaughter on his shoulder, ran along side for a moment or two. It was incredibly uplifting. It gave me a shot of much needed adrenaline.  The Lesson? Support teams energize you. They encourage you. They motivate you to, to finish strong.

4. Don't run your race just for yourself. Many runners were running--not for themselves, but in memory of a loved one who lost their life in service to our country. The lesson? When you have a "big why" forMarine Corps marathon Runners Lincoln memorial running your race, "the big why" matters more than how fast you can complete your course. 

5. We live in a great country and most Americans Love it! Patriotism showed itself in red, white and blue on Marathon Day--it was great to see. This is the  the land of the free and home of the brave. The lesson? Rally round the flag at every opportunity with like-minded folks. It will make you feel good about yourself and your fellow Americans.

6. Stuff happensI planned a finish time which my training told me was in the realm of possibility, But-- I was a whole hour late! A foot problem slowed my pace. The lesson? Prepare as best you can before your race. Think about what could go wrong (what if it rains? snows? you get injured?) When stuff happens, don't panic. Make the necessary adjustments and move on.

7. Never, ever even THINK about quitting. There were signs along the route that read: "Pain is temporary, defeat is forever." 

 Never quit in training. The time to prepare for NOT QUITTING is in training. If your training schedule calls for 20 mile run, commit to doing the 20--not 19.5, 18 or anything less than what your plan calls for--even if you have to crawl to complete the mission. Why? Because, if you quit in practice you teach your mind and body to quit. You set yourself up to be a quitter on race day. So, deal with discomfort, aches and pains. Theses will go away when you finish!The lesson? Victory in every practice will insure victory in the battle. 

8. Have fun. You may know what it takes to train for a marathon. 13 mile, 18, 20 mile, 25 mile runs, training every day, for many weeks--For some, this sounds like boring stuff, not fun. For me, I enjoyed most of it. I enjoyed the benefits of shedding the extra pounds and lower blood pressure. I love training outdoors and feeling good. To me, training was play time. And once a week, I got a day off, too. The lesson?  Life is short. Find out what gives you joy in your work and your life. Don't be so serious--figure out how to have some fun everyday. And, by all means, take a day off.

9. It helps if you know where you are, how far you have to go, where and when you'll finish. Prior to the race, The Marines provided us an interactive map online. I referred to that map, many times prior to race day--visualizing my race and seeing the victory. Some people go through life without a map. They don't know where they're going. Some may have a map tucked away, but never refer to it.  The lesson?  Make sure you have a map for the course you're running. Know where you're suppose to be and when. Refer to it frequently, check your compass and visualize the victory.Marine Medal Bestowed On runner marine corps marathon medal

10. Be grateful. Getting a medal is awesome. At the finish, each of us received the Symbol of the Marine Corps, an Eagle, Globe and Anchor medal, which was suspended on a broad blue ribbon. A Marine Corps officer hung my medal around my neck. I felt honored. I thanked him for his service. And, I felt like I should be hanging my medal around his neck!

I am thankful for all of the dedicated young men and women who served us on marathon day and who serve us everday. The Lesson? Don't take freedom for granted, and next time you see someone in uniform, don't be shy--thank them for their service.

Cheers to you and here's to your finishing strong. 

John March Marine Corps Marathon Finisher

Home Buyers: Why Work With Our Team?

Looking for a home in Bluffton, Sun City or Hilton Head South Carolina?

 

Here are ten reasons why you should let us help you:

We will:

1. Provide a complete explanation of the home buying process along with a clear explanation of the South Carolina law regulating real estate agent representation, as well as the pros and cons of each type of representation

2. Provide thorough information of the current real estate market conditions.

3. Assist you in narrowing your search for the best neighborhood and then the best home with the best value in your budget range.

4. Clearly write your offer to purchase and correctly express your intentions.

5. Present your offer to purchase in a professional manner, communicating it in a most favorable way.

6. Detailed review of all offers, helping you negotiate and prepare counter offers, and presenting counter offers in a most favorable way.

7. Direct you to reputable local sources of financing of your next home.

8. Coordinate the closing of your purchase with other Realtors, lenders, inspectors,

appraisers, attorneys, escrow officers, and title insurance companies and be in attendance at your closing to review closing statements for accuracy.

9. To keep you informed on the step-by-step progress of the home-buying process

10. Provide after-sale follow-up to assure your total satisfaction.

Team of Buyer's Agents Who Specialize in Neighborhoods Saves You Time & Stress

There are over 76 Planned Unit developments in our area. If you don't begin your search right, you'll become overwhelmed and waste a lot of time and money. You want to start your search by getting a good feel for the area, the neighborhood and then homes in your price range. That's why you'll appreciate our mature agents who specialize in particular neighborhoods.

Please give me a call, I'd be happy to chat with you about low country real estate.

 

Cell: 843-368-9146