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Canadians Read About Hilton Head Island

The Toronto Star Features Hilton Head Island and Go Gated Realty

In 2010 I wrote a blog post entitled Canadians Love Hilton Head Island about why Hilton Head Island is a great place for Canadians to vacation and own real estate.  Canadians buy more Hilton Head Real Estate than any other foreign nationals and I was hoping that Canadians would read the blog and come on down to Hilton Head Island.   Hilton Head has much to offer Canadians who vacation in winter when Hilton Head Island has off-season discounted prices on accommodations.  The Island is not busy in winter and golf prices are low.  Of special interest for Canadians is that Hilton Head Island has a branch of Royal Bank of Canada, coincidentally the new sponsor of the Heritage, the PGA golf tournament on Hilton Head Island.   Having an RBC an make it easier for Canadians to get loans to buy homes on Hilton Head Island than getting loans from an American bank.

Toronto Star financial writer Tony Wong read my blog.  He called to ask about the Hilton Head real estate market and his story was published on June 3, 2011.  It highlights the opportunities for Canadian vacationers and real estate buyers on Hilton Head and elsewhere in the Carolinas, areas that Canadians do not know as well as Florida.  It was great meeting Tony and I am glad to be part of  his story.

To read newspaper version, click here.  To read the longer online version, click here.

For real estate information, Canadians and Americans should call:

Richard Kadesch, Owner and Broker-in-Charge Go Gated Realty ® The Gated Community Specialist ® Hilton Head Island, South Carolina

Cell 843-684-2933, Email Rich@gogated.com, www.GoGated.com

 

 

Hilton Head Real Estate Foreclosure Update

Foreclosures Continue in the Best Hilton Head Communities  sea-pines-ocean-gate-edited1 Sea Pines has two lots and two villas in foreclosure today.

Today most every gated community on Hilton Head Island and Bluffton has at least one home, villa or lot in foreclosure for sale.  The communities include the best: Sea Pines (2 homes, 2 villas), Wexford (2 lots), Long Cove (2 homes, 2 lots), Shipyard (2 villas), Forest Beach (12 villas), Hilton Head Plantation (3 homes, 3 lots) , Indigo Run 2 homes, 3 lots), Palmetto Dunes (1 home, 1 villa), Folly Field (1 villa, 2 lots) and Palmetto Hall (2 lots).  Off-Island, they include  Colleton River, Belfair, Berkeley Hall, Moss Creek, Rose Hill, Hampton Hall, Hampton Lake, Buckwalter communities and more. 

The latest statistics about foreclosures from the Hilton Head Multiple Listing Service* are:

  • Homes- today 3.3% of all homes in the Hilton Head area for sale are foreclosures, 81 homes of 2,445 total.  In June, there were 2.9% foreclosures for sale, 80 of 2,779.   On Hilton Head Island alone, foreclosures for sale are only 2.2% of the total, just 22 of 1,000 homes.  
  • Villas – today 3.2% of all villas for sale are foreclosures, 37 of the 1,146 total for sale.  In June, 4.3% of all villas for sale were foreclosures, 55 of 1,279.  On Hilton Head Island only, excluding Bluffton, Hardeeville and other areas across the bridge from the Island, 3.0% of villas for sale are foreclosures, 31 of 1,030 total.  
  • Lots – today3.8% of all lots for sale are foreclosures, 65 of 1,722 for sale.  On Hilton Head Island, 6.3% of all lots for sale are foreclosures, 26 of 412.  I did not report the statistics for lot foreclosures in June.  

Remember that a great deal is not always a foreclosure!  Look at all properties that meet your needs and have good prices.   To find these properties, search them on gogated.com and gather the information that you want, then connect with a good and experience agent who can help you with your search, answer your questions and advise you about your concerns and set you up with the  Buyer’s Advantage™ system, the best way to monitor the market and find a bargain. 

To get a super-bargain, you must know about it right away and that is what a good agent and Buyer’s Advantage™ does.  There is no better way to monitor the market.  To receive the Buyer’s Advantage™ system without cost or obligation and for more information about foreclosures and good deals of all kinds, please contact me, the Hilton Head Gated Communities Specialist® today!

*The MLS of Hilton Head Island requires this disclaimer: “The statistical data contained herein has not been verified by the Multiple Listing Service of Hilton Head Island, Inc. and the publication of information hereof is not a representation or warranty of any fact whatsoever.”

Richard Kadesch, Owner and Broker-in-Charge The Gated Community Specialist ® Go Gated Realty ® Hilton Head Island, South Carolina Rich@gogated.com www.GoGated.com 1-800-333-5025 Read Some of My Clients’ Success Stories

No One Lender is Best For All Hilton Head Real Estate

Go Gated Realty Helps You Find Your Best Mortgage Product

Go Gated Realty is all about service and expertise in all areas of Hilton Head real estate and this includes knowing which lenders have the best loans for the real estate that you want.  We work regularly with many Hilton Head area mortgage lenders so that our clients get the best Hilton Head loan products and rates available and no one lender is right for all borrowers.   While most all Hilton Head lenders offer low and competitive interest rates, these same lenders will be more or less attractive depending on what you buy.   Buyers who have specific needs catered to by different lenders include:

  • Hilton Head first-time home buyers 
  • Hilton Head Jumbo loan borrowers
  • Hilton Head non-conforming property buyers
  • Hilton Head Canadian home buyers
  • Hilton Head commercial property buyers
  • Hilton Head ‘investment’ property buyers
  • Hilton Head building site (lot) buyers

A good Hilton Head Buyer’s Agent knows how to save your time and help you find the mortgage that you want.  To find the property you want and help with the best loan, call me, the Hilton Head Gated Communities Specialist® today!  My cell number is 843-684-2933 and my email is below.

Richard Kadesch, Owner and Broker-in-Charge The Gated Community Specialist ® Go Gated Realty ® Hilton Head Island, South Carolina Rich@gogated.com www.GoGated.com 1-800-333-5025 Read Some of My Clients’ Success Stories

Buy Hilton Head Real Estate at Very Low Interest Rates

New Conventional Mortgage Rate Is Only 4.875%

Hilton Head conforming 30-year fixed rate mortgages are available now @ 4.875% with no points and 4.5%  with one point.   Hilton Head Jumbo fixed rate mortgages are available for 6.375% with no points.  It may be worth saying the obvious, that lower interest rates mean lower payments for you at the same loan amount.  You save a lot of money with lower interest rates.   

Many parts of our economy have a lending crisis but at the same time, Hilton Head banks have plenty of money to lend to qualified buyers at the lowest rates that I have ever seen for conventional mortgages.  Look at these low rates from one Hilton Head bank, quoted today with no points:

  • 4.875%     30-year fixed, conforming**
  • 4.625%     15-year fixed, conforming**
  • 4.75%       5/1 ARM Jumbo** 
  • 6.375       30-year fixed jumbo**
  • 7.00%       Lot loans to 80% LTV
  • 4.875%     FHA** 
  • 5%            VA** 
  • 5%            RD** 

**Quoted with no points.

Today, qualified buyers have very low interest rates, low prices and a great selection of Hilton Head real estate.  To discuss the best loan for the property you want, please call on the Hilton Head Gated Communities Specialist® to connect you with a good lender today!

Richard Kadesch, Owner and Broker-in-Charge The Gated Community Specialist ® Go Gated Realty ® Hilton Head Island, South Carolina Rich@gogated.com www.GoGated.com 1-800-333-5025 Read Some of My Clients’ Success Stories
Pre-Forclosed Residential