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Chris and Maria Skrip~843-252-4218~Military Relocation

Royal Pines Ladys Island near Beaufort SC, Market Update June 2009

LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$399,000 $195,000 $269,402 $264,450 $11,853,728 44
$0 $0 $0 $0 $0
958 1 187 130

As of today, there are 44 homes listed in Royal Pines. Of the 44 homes listed, 1 is on Hold - Do not Show and 1 is under contract (I am the buyer's agent). The median home price is holding at $264,450 with 130 Days on the Market. For the first time in a long time, we have the lowest priced home in Royal Pines under $200K at $195,000 and it is not a foreclosure!

LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$379,000 $174,900 $271,069 $272,450 $2,710,699 10
$340,000 $165,000 $254,065 $255,875 $2,540,650
198 42 107 97

In the year of 2009, 10 homes have sold in Royal Pines with the median home price coming in at $254,065 with 107 Days on the Market. If you are trying to sell your Royal Pines home and it has been on the market over 107 Days, it may be time to consider a price reduction.

If you are thinking of buying or selling in Royal Pines, you owe it to yourself to call your neighborhood expert, Chris Skrip, at RE/MAX Sea Island Realty.

"The 'REAL' Best Features, Beaufort on Top Place to Retire, Beaufort SC

THE EARLY SHOW

(CBS) -

CBS's The Early Show featured Beaufort, SC in a segment of "the ‘Real' Best
FEATURES BEAUFORT ON TOP PLACES TO RETIRE

Places to Retire" according to moneywatch.com, where Beaufort ranked third of seven

cities mentioned. Jill Schlesinger, Editor-at-large for CBS Moneywatch.com, took a look

at numerous "best places to retire" lists from various publications and compiled a new

list with the places that were most commonly mentioned and stated the pros and cons

of each place.

"The ‘Real' Top Places to Retire" were ranked as follows:

1. Austin, Texas

2. Portland, Oregon

3. Beaufort, South Carolina

4. Bismarck, North Dakota

5. Burlington, Vermont

6. Cincinnati, Ohio

7. San Diego, California

The list states that Beaufort is popular with retirees because of its quaint, seaside

homes but has a slight-negative with its hot and humid summers.

Beaufort has been previously mentioned in other top retirement lists, such as Money

magazine's Top Towns on Water, TopRetirements.com and RetirementLiving.com.

###

FOR IMMEDIATE RELEASE

May 29, 2009

CONTACT:

Jennifer Marra

Marketing Assistant

Phone: (843) 525-8529

jennifer@beaufortsc.org

Rentals Available in Beaufort SC!

Are you looking for a rental in Beaufort SC? If so, you have hit the jackpot!

LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$4,000 $800 $1,449 $1,325 $118,890 82
$0 $0 $0 $0 $0
1279 1 160 76

As of today, there are 82 single family homes available for lease/rent with the lowest rent being $800.00 per month and the highest being a waterfront home for $4000 per month. Many agents in the business will not take the time to show rentals. That is not the case at RE/MAX Sea Island Realty! We are happy to assist you with finding your perfect home in Beaufort South Carolina, no matter if you are buying or renting.

Give us a call! We are more than happy to assist!

Discounts for Military on Mortgages, Really??

There are so many programs out there for our military when it comes to getting mortgages for home purchases.

There are a couple out there that BUG ME in a huge way!

My story: This particular company says they will 'give' the military person a discount if they use XYZ Mortgage and purchase their home through ABC Real Estate Company. Well...well...well....in the end, XYZ Mortgage ends up charging a point or even two. As you notice, I am not naming names in this blog, but I am sure that any agent selling in any military town knows who I am referring to because this is not a new program - it has been out there for a while.....

My advice to ALL MILITARY PERSONNEL: Ask XYZ Mortgage Company for a Good Faith Estimate (GFE), then shop 2 other Mortgage Companies and look at your BOTTOM LINE out of pocket for the purchase of a home. For example have them all quote a VA Loan for a $200K house and look at the bottom line, so you are comparing apples to apples.

Picking a Mortgage Company on the basis of a discount offered? Make sure to get a GFE to conduct a true comparison of Mortgage Company offering to Mortgage Company offering.

Picking a Real Estate Company on the basis of a discount offered by a Mortgage Company??? Not a good idea!

Picking your Real Estate Company and Real Estate Agent based on their experience and professionalism??? ALWAYS a GOOD IDEA!

When moving to a new area, it is important to have a professional, full time Realtor/Broker assist you with the purchase of your new home from offer, negotiation, contract, inspections, repairs....closing.....and to continue to offer service after the sale.....You have found that with Chris Skrip at RE/MAX Sea Island Realty!

Chris Skrip is the Broker, Owner of RE/MAX Sea Island Realty and a former Marine. It would be his pleasure to help military families PCS'ing to purchase their Beaufort SC home.

Semper Fi!

Photo courtesy of Wikipedia.com.

Royal Pines Lady's Island near Beaufort SC, Market Update end of May 2009

LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$399,000 $199,485 $277,044 $285,000 $10,804,728 39
$0 $0 $0 $0 $0
944 20 197 126

There are 39 homes available in Royal Pines, Lady's Island Country Club; however 1 of these 6 Turtle Lane has been placed under contract with Chris Skrip of RE/MAX Sea Island Realty being the buyer's agent. As soon as the closing takes place, I will update the Royal Pines comps via my blog.

The median home price in Royal Pines is $285,000 with 126 Days on the Market.

LIST PRICE:
SOLD PRICE:
DOM:
HIGH LOW AVERAGE MEDIAN TOTAL PRICE LISTING COUNT
$379,000 $174,900 $267,855 $269,900 $2,410,700 9
$340,000 $165,000 $250,183 $252,000 $2,251,650
198 42 110 99

So far in 2009, 9 homes have SOLD in Royal Pines with the median sold price of $252,000 with 99 Days on the Market. Homes that are selling in Royal Pines are doing so in about 3 months time, so if you live in Royal Pines and your home has been on the market over 3 months, you may want to consider why your home is not selling. Does it need updating? Is is priced correctly?

There is a meeting at the Lady's Island Country Club Clubhouse tomorrow evening to discuss the new proposed covenants. If you own a home in Royal Pines, you should try to attend the meeting. Give me a call for additional details.

Chris Skrip is the Broker-in-Charge and Owner of RE/MAX Sea Island Realty in Beaufort South Carolina. He can be reached at 843-252-4218 or on the web at www.ChrisSkrip.com. The Skrip's own 2 homes in Royal Pines, so they are your neighborhood real estate EXPERTS! We hope to hear from you soon.