Our Real Estate Market for Buyers
Some buyers in the Hilton Head, SC real estate market today are asking to see short sales and foreclosures often are missing some real values. Just because a property is being offered at a price less than the mortgage currently on the property or because it is owned by a bank, does not necessarily mean that it is a good value. Maybe the mortgage was too high even before prices took a downward slide and even though a bank has agreed to sell the property for less than the mortgage amount, it could still be overpriced. Buyers make a mistake by not looking at all the properties in their price range because in today's market there are many homes priced way below their appraised value and are being offered by a Seller who simply is ready to sell and willing to sell below market. Real estate values have fallen to the lowest levels they have been in 9 years. There is cheap money, cheap prices, and great inventory. No one can predict the bottom and no one can predict if interest rates will go lower, but we see very little upside in waiting around. What people can earn on their money through CD's and other ultra safe investment returns are at such low levels, real estate investment seems to be a viable alternative. If you are in the market to buy, please give the Woodward Davis Team, Lottie Woodward and Monica Davis the opportunity to show you all the properties that meet your criteria, some might be short sales and/or foreclosures, but we have the pulse of the market to open many doors to the best values for you.
The Woodward Davis Team has been successfully bringing Buyers and Sellers together for the past 30 years on Hilton Head Island and would really appreciate the opportunity to assist you to reach your individual real estate and investment property goals. We have the knowledge, expertise, and tools to put the odds in your favor when buying or selling. Call Lottie Woodward, 843-384-4488 and Monica Davis, 843-384-4473 now to get started! WE GET RESULTS!!!
Contact us today for a free Buyer's Packet and please sign up for "new listings alert" if you have a certain area in mind and would like to manage your own property search.
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