Donnie Whitaker Real Estate

Until the end of this year, first time home buyers or those who have not owned in the last three years can take advantage of the first time buyers tax credit. Here is a link provided by the National Association of Realtors giving a simple explanation of how it works.

The share of homes purchased as vacation residences or investment properties dropped to 30% of all sales in 2008 from 33% in 2007, according to the National Association of Realtors. However, amid continued gloom in the housing market, it raises the question of who still is investing in real estate. Click on the link below to read the rest of the article published by the Wall Street Journal.

Link

Located just a short walk from all the heart of Wild Dunes, Beach Club offers views of the Atlantic Ocean from each of it’s 72 units.

Each Villa consist of three bedrooms and three baths and is approximately 1650 square feet give or take. Downstairs you will find one bedroom as well as the kitchen and living area. Upstairs you will find the other two bedrooms and baths. Each unit has its own private garage.

Amenities at Beach Club in Wild Dunes include two private pools just for owners, lush green space surrounding the area, and two pools. You also have your own private walkway out to the beach.

Please contact me to find out more or to get a list of villas for sale.

Sincerely,

Donnie

Located at the northern end of Wild Dunes, Ocean Club is a luxurious 102-unit complex offering spectacular views of the Atlantic Ocean, the intracoastal waterway and the 18th hole of the Links Course.

Built in the late 80’s, Ocean Club is still thought of as the premier condominium complex in Wild Dunes. Each building consist of three and four bedroom units ranging from 1,900 to 2,800 square feet. Penthouse units are located on the top floor.

Owners and guest staying at Ocean Club have the luxury of a community pool and easy access to the beach with your own private boardwalk. There is parking below each building, and you are a three minute walk to the Links Club house located in Wild Dunes.

For more information about Ocean Club, or a list of units currently for sale, please contact me at 843.607.0954 or send me an email at dwhitaker@dunesproperties.com.

Thanks,

Donnie

Yesterday I explained by definition what a short sale is. Short sales can be complicated so it’s always a good idea to know what you are getting into before you start. Here are a few helpful hints.

1. Offer cash if you can.

2. Be flexible – it’s important to understand it could take the banks anywhere from two to four months to approve your offer. If you are in a hurry to close this might not work.

3. Make an offer with no contingencies. The banks will most likely be selling the home in as is condition.

4. Make a strong offer. Lenders want to minimize their loses as much as possible.

5. Do an initial title search. If there are any liens found it will be much hard to go to the closing table.

6. Find an experienced real estate attorney, one who has done these before.