Dear [NAME],
Have you always wanted to play with the pros? Here is your chance to play with the pros and make a contribution at the same time. Join the Monday and Wednesday Pro-Am Verizon Heritage Golf tournament and have the time of your life. Sea Pines Resort says these are the top 10 reasons to consider it:
This wonderful event takes place on Monday and Wednesday during the 2010 Verizon Heritage event from April 12th through April 18th at the famous Harbour Town Golf Links on Hilton Head.
After your tournament, join the crowd and watch the pros compete for the 2010 title. This is a week of entertainment and socializing that you won’t soon forget. Don’t wait – make arrangements to enter now and you will also be helping to support a great island event.
With the buyer tax credit opportunity upon us, it is probably a good time to share with you some of the idiosyncrasies related to it. My data is based on the NAR updates I receive on a regular basis and I hope you will find this helpful for your personal use or will pass it along to someone you know who could benefit from the information.
Basically, to receive the tax benefit, the home owner can only use it for “moving up” if he has occupied the same principal residence for 5 out of the last 8 years consecutively. This may be a strong consideration for someone getting ready to retire and move to a new area.
Additionally, the buyer has the right to choose which tax year is preferable for filing to claim the credit – either 2009 or 2010. If the buyer chooses to file in 2009, forget filing electronically. IRS hasn’t put the forms on line and will take 3 or 4 months to send the refund. It would be wise to plan accordingly.
While a mobile home or travel trailer that is affixed to land qualifies, don’t consider using your new RV for the credit. If it is possible to use it for your next vacation, it will not be IRS approved.
Another area that IRS will be watching is a transfer of title between family members in an attempt to receive the credit. All transfers between close relatives including parents, children, grandparents and grandchildren are definitely not permissible under the regulations.
A person who has no income and therefore pays no tax is also ineligible. For example, a student without earnings cannot qualify for the credit. However, one would also hope that he could not qualify for the mortgage from either a lender or a seller - but strange things do happen!
Please contact me if you have any further questions regarding this credit. Do not assume that you can’t qualify as this latest version covers a lot more buyers than before.
There are spectacular buying opportunities available and I would like to share a few with you now. Consider some of these.
Spring Island is located between Bluffton and Beaufort off Route 170 in Okatie. Currently, an owner is willing to sell a 3-acre tract that includes beautiful trees on a navigable creek with views overlooking the Lowcountry salt marshes to the Colleton River. A dock permit is in place. This property that would have sold for well over a million dollars in prior years is now offered at $750,000 and includes the Spring Island full golf membership valued at $125,000. See the detailed listing information on my website or email me at darle@hargray.com
Colleton River: 3 Fairfield Court Who would have anticipated that a buyer could purchase a timeless New England style home in Colleton River for under $600,000? Well, today it is possible, so why settle for less? This home is perfect for the family who wants the upscale lifestyle that Colleton River has to offer without managing a large home. There are great views over a nature filled lagoon to the 12th tee of the Nicklaus Course . To learn more about this extraordinary home, please click here.
Extraordinary Lot Values: Discounted developer property now available in Colleton River and Palmetto Bluff, area providing the best amenities in the coastal area.
Palmetto Bluff is offering a 30% discount and 3 years of fees for purchasers interested in buying now. This applies to homesites in all price ranges from smaller lots in the village to acreage property with spectacular river views. Prices start at $175,000 less 30%. Golf is optional with equity membership. Learn more about Palmetto Bluff
Colleton River has two very unique developer properties with sunrise views over the marshes to the Chechessee River that have been discounted over $450,000 from the height of the market. They are being offered at $395,000 and include club dues and fees for 3 years. Colleton River is inclusive of golf with purchase and has a one time transfer fee of $15,000. Learn more about Colleton River Plantation
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Quote of the Day
“Golf is a good walk spoiled.” - Mark Twain
Featured Community
Wexford Plantation is a truly exclusive, luxury residential community located on the south end of Hilton Head Island. Winding through the center of Wexford is its unique Harbour and lock system that provides access to Broad Creek. Boat slips are available at the marina, although many homes enjoy their own deep water access.Read more...
Did You Know?
Until 1929, the May River and the connecting waterways were the lifeline for Bluffton. All supplies, transportation, and recreation began predominantly on the river. Perhaps it is the reason that residents feel so strongly about protecting it to this day.
