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8 Hilton Head Island Forclosed “REO”Homes Available 8-12-11

 Hilton Head Island is Rated a Blue Chip Area according to the Wall Street Journal http://hiltonhead.locale.com/blog/  2011

 There is a very small inventory for REO Bank Owned properties in Hilton Head Is. SC. Due to the 12 miles of white sandy beaches and the assortment of outdoor excursions. Hilton Head is also named as one of the top ten family beaches in the country, the Island is the perfect selection for your family vacation or primary residence.

 Experience Hilton Head Island’s infinite opportunities and make your Island vacation an unforgettable one.

There are currently only 8 Island Foreclosed homes available at this time. Ranging from $249,000 - $1,699,90  RES - Branded Buyer Full Report
12 Active REO Bank Owned Island propertis available. Prices ranging from $96,000 - 450,000
VIL - Buyer Full Report

Buyer confidence is high and sales have been up over last year. Private investors have been scooping up the prime deals this year with many purchasing their favorite vacation home.  

Jim Keillor
Your Island Realtor
843 441-0295 Main | 1-866-623- 9057 Fax

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WSJ Hilton Head Is. 1 of 4 Blue Chip Areas

The Wall Street Journal Interviews James Keillor of Hilton Head Is. an Island Real Estate Specialist at The Alliance Group Realty. Jessica Silver also interviews one of Mr Keillor’s good clients Steve Race, former Lockheed Martin executive.

The blue-chip market consists of a handful of spots where prices have stabilized and could soon rebound as sales pick up. Some, such as Hilton Head, have benefitted from tough restrictions on building, which kept inventories manageable during the bust. Prices there have risen by 4% during the past year. 

Hilton Head, S.C.

Median home price: $307,000
Median home price five years ago: $574,000

Market Snapshot: Sales are up 17% for the year ending June 30, according to Jim Keilor, a real-estate agent with Hilton Head-based Alliance Group, while prices are ticking up. The vacation spot, famous for its golfing and lush beaches, didn't see the overbuilding found in places like Phoenix and Las Vegas. “We were insulated from much of the pain elsewhere because we are an island,” Mr. Keillor says;

http://online.wsj.com/article/SB10001424053111904233404576458043646660006.html?mod=googlenews_wsj

By Jessica Silver WSJ

Jim Keillor
Your Island Realtor

The Alliance Group Realty
Hilton Head Island Office 
890 William Hilton Parkway | Suite 33 | Hilton Head Island, SC 29928

843-441-0295
 

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Orman vs. Warren Buffett Why Buy a Home Now.

You know Suze Orman – she’s known for her hardcore financial gut checks to everyday Americans. She recently said the American Dream is dead, suggesting that for some, homeownership may never be a reality.

 But Warren Buffett (who just so happens to be the third richest human being on the planet) says homeownership is a smart money move for the average American. And that now’s the time to buy.

Buffett believes now is the time to purchase as affordability has never been better.  Buffet wins here; he’s right that a home is a very strong investment, with abundant yields, both financial and emotional. And according to our latest survey, the American Dream of homeownership lives on in the hearts of the 72 percent of Americans who say owning the place they live is a part of their personal American Dream.

For complete article http://www.businessinsider.com/suze-orman-vs-warren-buffett-whose-real-estate-advice-should-you-follow-2011-3

 

 Search All MLS Properties link

Jim Keillor
Your Island Realtor

The Alliance Group Realty
Hilton Head Island Office 
890 William Hilton Parkway | Suite 33 | Hilton Head Island, SC 29928


843 441-0295 Main | 1-866-623- 9057 Fax
843 -785-5200 Office

 

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Where are all the Public Beaches on Hilton Head Island ?

Here they are……….. 9 Total to Enjoy 

 Public Beaches on Hilton Head Island! 

Public Access to the Beaches of Hilton Head Island 

Coligny Beach Park - parking is free - some parking reserved for annual beach passes from 8:00 p.m. to 3:00 p.m.

Alder Lane Beach Access off South Forest Beach Drive - (Parking available - 22 metered spaces).
 

Beachfront at Coligny Circle - (Parking available).Burkes Beach Access - 13 metered spaces[95]

Driessen Beach Park at the end of Bradley Beach Road - (Parking available - 207 long term parking spaces - some parking reserved for annual beach passes from 8:00 a.m. to 3:00 p.m.).

Fish Haul Park - parking is free

Folly Field Beach Park off Folly Field Road - (Parking available - 51 metered spaces).

Islanders Beach Park - annual beach pass parking only

Mitchelville Beach Park - parking is free

All Plantations with beaches have several beach access points for their guests.

All major Island Hotels have beach access for their guests.

Note: Islander Beach Park at the end of Folly Field Road opened in early 1999. The Beach Park is for Property Owners on Hilton Head Island and all cars parking there must have a beach bumper sticker obtained from the Town of Hilton Head Island. The annual cost is $15 per car.

Search All MLS Properties link

Jim Keillor
Your Island Realtor

The Alliance Group Realty
Hilton Head Island Office 
890 William Hilton Parkway | Suite 33 | Hilton Head Island, SC 29928

843 441-0295 Main | 1-866-623- 9057 Fax
843 -785-5200 Office

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Hilton Head Island Great Dinner and Light Lunch Restaurants

Crazy Crab  
Located at Harbor Town overlooking the docks
Phone: 843.681.5021

Crazy Crab Webmaster’s Review: B+
Let’s start with the hushpuppies, because they may in fact be the best on Hilton Head Island! Sweet and delicious, you won't be able to get enough of them. I sampled the Clam Chowder for starters, and it was thick but overall quite average. A bit on the bland side for my tastes. Moving on to the entree, I had the fried oysters and french fries. The oysters were plentiful and tasty, cooked just about right. This place is always crowded, so expect about a 45 minute to an hour wait most nights in season.
Dosidos   
Western grille and cantina, with two locations, also offers catering services.
Island Crossings, Hilton Head Island, SC 29928
Phone: 843.842.3674
Western grille and cantina, with two locations, also offers catering services.Island Crossings, Hilton Head Island, SC 29928Phone: 843.842.3674Dunston’s Gourmet and Deli
71 Lighthouse Road, Suite 510, Hilton Head Island, SC 29928
Located at the Sea Pines Center
843-363-9700
Dunston’s selections include Holy Cow ice cream, seafood dishes, custom sandwiches, fresh produce, more than 60 cheeses, and fine wines. Catering services are available. 

Western grille and cantina, with two locations, also offers catering services.Island Crossings, Hilton Head Island, SC 29928Phone: 843.842.367471 Lighthouse Road, Suite 510, Hilton Head Island, SC 29928Located at the Sea Pines Center843-363-9700Dunston’s selections include Holy Cow ice cream, seafood dishes, custom sandwiches, fresh produce, more than 60 cheeses, and fine wines. Catering services are available. Eugene’s Waterfront   
Located in the heart of picturesque Palmetto Bay Marina with glorious views of Broad Creek as the backdrop for breathtaking sunsets.
Palmetto Bay Marina, Hilton Head Island, SC 29928
Phone: 843-785-9666

Giuseppi’s Pizza & Pasta  
Located at the Plaza at Shelter Cove
Phone: 843.785.4144
Featuring: A must while visiting Hilton Head Island is lunch or dinner at “The Original” Giuseppi’s Pizza & Pasta!

Giuseppi’s Pizza Webmaster’s Review: B+
We enjoyed two large pizzas made to order, but the pizza was served merely warm, not piping hot like it just came out of the oven. We guess it’s because it was pretty busy and they have to keep shuffling things in and out of the oven, but hey it’s always crowded. If you want to eat inside you might have a 45 minute wait, but we sat right down and ate outside under the shaded courtyard.
Serve it hot (and just a little crispy for my tastes) Giuseppi’s if you want to make the A List.
Harbour Town Bakery & Deli
(843) 363-2021
Location: In the heart of Harbour Town, Sea Pines.
Featuring: Famous for homecooked breakfasts, fantastic soups, salads, pizzas, pannini and pastries.
(843) 363-2021Location: In the heart of Harbour Town, Sea Pines.Featuring: Famous for homecooked breakfasts, fantastic soups, salads, pizzas, pannini and pastries.Heritage Grill
(843) 363-4080
Location: Harbour Town Golf Links Clubhouse, Sea Pines.
Featuring: Enjoy dining in this classic club setting. Overlooking Harbour Town Golf Links.

(843) 363-2021Location: In the heart of Harbour Town, Sea Pines.Featuring: Famous for homecooked breakfasts, fantastic soups, salads, pizzas, pannini and pastries.(843) 363-4080Location: Harbour Town Golf Links Clubhouse, Sea Pines.Featuring: Enjoy dining in this classic club setting. Overlooking Harbour Town Golf Links.Hilton Head Brewing Company
(843) 785-2739
Location: 7-C Greenwood Drive, Hilton Head Island, SC 29928, Hilton Head Plaza.
Featuring: The Hilton Head Brewing Company, established in 1994, has quickly become one of the most popular spots on Hilton Head Island for both locals and visitors alike.

Jump & Phil’s Bar & Grill
(843) 785-9070
Location: Hilton Head Plaza.

Kurama Japanese Restaurant
9 Palmetto Bay Rd
Hilton Head Isle, SC 29928
(843) 785-4955

The Lakehouse
(843) 363-4500
Location: Inside the newly renovated Plantation Club, Sea Pines.
Featuring: A great place to relax and enjoy a triple decker sandwich or a Sea Pines Cobb salad, recently voted the island’s best.

Marleys Island Grille
(843) 686-5800
Location: Park Plaza, just outside of Sea Pines main entrance.
Featuring: Come enjoy the delicacies of the Islands.

Marley’s Island Grille Webmaster’s Review: A+
We sampled the Marley’s Mixed Grille ($30 USD) A combination of filet mignon, pork tenderloin, and Australian rock lobster tail, with french fries and fresh vegetables. For an additional $3.00 sharing charge, you get plentiful portions served up on two platefuls, each prepared individually. You'd never know you were splitting it as the portions are generous. The lobster tail was on the petite side, but was perfectly grilled and delicious. The filet mignon was also very tasty and well-prepared, but the real star of the Mixed Grille is the marinated pork tenderloin. Marinated with soy, ginger and a few secret spices, it is a real treat. Served with a thai-like peanut sauce on the side that is a nice complement with the pork. French fries were good and the green stalks were delectible. Oh, and the bread, don't forget the bread…Great service, great food, and live entertainment while you wait outside (about 40 minutes for us, not bad). And did I mention they have an ice cream parlor outside for dessert?! The sweet tea is pretty good too, naturally). A must eat while in Hilton Head.

Old Fort Pub
(843) 681-2386
65 Skull Creek Drive, Hilton Head Island, SC 29926
Location: Hilton Head Plantation.
Featuring: Notably regarded as the Island’s most romantic setting, Old Fort Pub welcomes you to enjoy breathtaking sunset views along the Intra-coastal Waterway. They also feature the most elegant Sunday Brunch on the Island.
 Search All MLS Properties link

Jim Keillor
Your Island Realtor

The Alliance Group Realty
Hilton Head Island Office 
890 William Hilton Parkway | Suite 33 | Hilton Head Island, SC 29928

843 441-0295 Main | 1-866-623- 9057 Fax
843 -785-5200 Office
843 441-0295 Main | 1-866-623- 9057 Fax843 -785-5200 Office

843 441-0295 Main | 1-866-623- 9057 Fax843 -785-5200 Office

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U.S. Treasury Department Home Affordable Foreclosure Alternatives Program

                             

         HAFA PROGRAM

The HAFA program simplifies and streamlines the use of short sales and DIL options by incorporating the following unique features:

  1. Standard process flow;
  2. Minimum performance timelines;
  3. Standard documentation;
  4. Utilizes borrowers financial and hardship information collected in conjunction with HAMP, eliminating the need for additional eligibility analysis;
  5. Allows the borrower to receive pre-approved short sale terms prior to the property being listed;
  6. Prohibits the servicer from requiring, as a condition of approving the short sale, a reduction in the real estate commission agreed upon in the short sale agreement;
  7. Requires that borrowers be fully released from future liability for debts (no deficiency liability); and
  8. Provides financial incentives to borrowers, servicers and investors and junior lien holders.

 

Sincerely Yours,
 
Jim Keillor 

Click HERE for Hilton Head Is Video
Click Here for Island Virtual Tours

Palmetto Dunes POA Link

Palmetto Dunes Resort Map

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Millionaire Market Maker 1.7m Now 899k

This is the biggest opportunity of a lifetime! Smart money, savvy investors are buying properties now, in some cases stealing properties. If you wait and move with the hurd when everyone else feels warm and Fuzzy; You've missed the market…..

Properties are being baught up at .40 - .50 cents on the dollar…

 There is Now a 2nd row Ocean Luxury Condo in Palmetto Dunes Ocean Resort @  South Shore Commons This particular Condo was purchased pre construction at 1.7m dollars in 2006

Now a Sacrifice at 899k  Give Away
Sincerely Yours,

 

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Impact of Rising Rates When Purchasing Real Estate Frank Nothaft VP Freddie Mac

 

There has been much volatility in the 30-year mortgage rates over the last four to six weeks. According to Fannie Mae and  Freddie Mac, rates have increased almost half a percent during this period and now are as high as they have been in the last six months. 

 

Frank Nothaft, Vice President and Chief Economist of Freddie Mac, explained: 

After Europe made strides in their debt situation, investors left the security of U.S. Treasury debt causing bond yields to rise and mortgage rates along with them. Interest rates for 30-year fixed mortgages are almost a half percentage point higher than the record low set in mid-November.  No one knows with certainty what will happen as we move forward. The only thing that we do know for certain is that rising interest rates have a tremendous impact on a buyer’s payment. There are buyers standing on the sidelines waiting for real estate prices to hit bottom.  Those buyers should be careful. They should be as concerned with the monthly COST as they are with the actual PRICE of real estate. 

No one knows with certainty what will happen as we move forward. The only thing that we do know for certain is that rising interest rates have a tremendous impact on a buyer’s payment. There are buyers standing on the sidelines waiting for real estate prices to hit bottom.  Those buyers should be careful. They should be as concerned with the monthly COST as they are with the actual PRICE of real estate.  

We all understand that everyone wants the best possible value when purchasing anything. When buying real estate, the best value is not determined by price alone. Value (for those securing mortgage financing) is determined by price and financing costs. Prospective buyers should take both into consideration when timing their purchases. 

 

There remain many effective and attractive financing tools available…but the clock may be ticking on low interest rate availability. Encourage buyer to take advantage of the combination of low interest rates and attractive prices on real estate.Bob Olson, FedFirst 

 

 Sincerely Yours,
Jim Keillor 

Island Video: Send to Family and Friends
Click Here for Island Virtual ToursForeclosure Property SearchPalmetto Dunes POA Link

Live Web Cam Palmetto Dunes Beach / Robert Trent Jones Course
Palmetto Dunes Resort Map
James D. Keillor
Dunes Marketing Group
843-842-0891 office
843-441-0295 cell
Thank you and best wishes for a prosperous New Year. 

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Robert Irvine and guest Peter Mondavi Jr. Fundraising at the Westin HHI SC

Come out and be a part of a Life changing Experience for everyone.

In just a week the deserving family will be chosen to receive a brand new home.

But there is a lot that’s required for the makeover to take place…and that is community involvement and donations.

The show is in urgent need of brick, brick mortar and mason sand.

Also, tickets are still available for the big fundraiser dinner. 

Join Food Network star Robert Irvine and guest Peter Mondavi Jr. at the Westin Hilton Head Island Resort and Spa for the “Extreme Makeover: Home Edition” fundraising dinner “Dinner: Possible”

Tickets start at $ 100 per person, and dinner starts at 7pm on January 14th.

Log ontoExtremeMakeoverBeaufortCounty.com to purchase, or call World Design Marketing at843-686-2228.

Sincerely Yours,

Jim Keillor 

Island Video: Send to Family and Friends
Click Here for Island Virtual ToursForeclosure Property Search
James D. Keillor
James D. KeillorDunes Marketing Group
843-842-0891 office
843-441-0295 cell
800-258-5202 ext. 891
James D. KeillorJames D. KeillorJames D. Keillor

James D. KeillorJames D. KeillorJames D. Keillor

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Blue Light Specials are winding down in Hilton Head Is.

Keep in mind Hilton Head’s ocean orient and oceanfront properties, “Blue Light Specials” short sales and REO’s are winding down very quickly… Many people are waiting to long and will miss the boat again…..
 Unfortunately folks will be paying about 20% more: Higher prices and Interest Rates will be up also. Trades will not be an option either.
 Look forward to making your move to oceanfront sooner than later. It’s all about correct timing.
Sincerely Yours,
Jim Keillor 

Island Video: Send to Family and Friends  

Click Here for Island Virtual ToursForeclosure Property SearchPalmetto Dunes POA Link

Palmetto Dunes Resort Map
James D. Keillor

James D. KeillorDunes Marketing Group
843-842-0891 office
843-441-0295 cell
800-258-5202 ext. 891
Your referrals are truly appreciated!

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