Buy Low – Sell High has never been more true!

There is an OLD investment adage – Buy Low and Sell High!

This investment principle flows over into the real Estate Market as well! The only time you make money in Real Estate is when you BUY… This is a very simple principle that is backed by some very true facts.  

Real Estate runs in cycles and when you Buy you want to catch it in a down cycle (like the one we are in) and Sell in a high cycle (like the one we came out of about 2 years ago).  

The rate of change and the length of time in each cycle are completely different from market to market and from cycle to cycle.  The key to everyone is knowing where you are and, then, what to do.  Questions to ask Which Markets come back first and when to get in the Market.  

Interest rates are historical lows, currently 5.625% for a 30 year fixed rate mortgage. 

Inventory of Homes are also at historical highs – You may ask, why is this a good thing?  With more inventory you as the Buyer have OPTIONS and Sellers are also aware of this fact and are more will to negotiate on their Asking Price.

www.jasontellis.com For Great Opportunity in Home Ownership!

Looking for a safe harbor for your money? Real Estate is the answer!

With all the uncertainty in the Financial Markets what do you do with your money?  Home Ownership is an investment in Your Future.  You must remember that Real Estate is LOCAL! What does that me to you as the Buyer?  In short all Real Estate Markets are different and there are great deals and opportunities for a Buyer if you are willing to look!  Despite all the negative Media reports and a some shot term loss of value, Home Values long-term have and will continue to rise.

The Coastal regions of South Carolina have proven to be the major destination of those getting ready to retire or those wanting to get out of the hustle and bustle of the busy city life.  Lower taxes, better schools, better lifestyle, better weather, are all reasons I hear time and time again why people are moving to the area.

Great deals in the Myrtle Beach Market – 

Sunbelt Homes Model Lease back – This is a great opportunity for a Buyer that is looking to move to South Carolina in the next two years – You get to purchase the home at today’s price and the Builder then will Lease the home back for Two years.  This is an ideal situation for someone looking to move money from the stock market or a execute 1031 Tax Deferred Exchange.

Sago Plantation at Legends – A Natural Gas Community… There is no building time frame on the homesites, Golf course membership with purchase, awesome Owners Amenity area, and all the other demands of a Coastal Lifestyle.

Myrtle Beach has transformed from a Resort destination to Coastal Lifestyle.  More and more people are moving to the area.  The current Market conditions have never been this much in the Buyers favor.  Now is the time to get in and Buy.  Real Estate is not a Stock that can go bankrupt REAL ESTATE always has value. Don’t wait till the market swings back in the Sellers favor (as it ALWAYS does).

FACTS
Home-ownership is an investment in your future
Owning a home helps build long term wealth
On Average owners who purchased their homes six years ago have seen their home value rise 24.3%Pl
Real Estate markets are Local
More and More people are moving to Myrtle Beach
Mortgage rates are at historical Lows
NOW IS THE TIME TO BUY

Finding Your Way – Myrtle Beach Real Estate

Finding Your Way through the turbulent financial markets – Myrtle Beach Real Estate

With all the uncertainty in the Financial and Housing Markets there are some VERY important things to remember. 

1. These times come and go… They run in cycles which some refer to as Peaks and Valleys… 

2. Remember the majority of your Stocks and all of your Real Estate are long term investments.  Their values maybe down at the present time but will more than likely regain its value and more.

3. In distressed markets there is a “flight to quality” – you may ask what does that mean – well in short it means you must now pick and choose your investments wisely.  Have knowledgeable and trust worthy people in your corner pointing you in the right direction – Don’t over pay and under research.  And aim at something that will have potential growth and stability. 

4. Make a plan and stick with it – Remember these are LONG TERM PURCHASES and if you make a wise decision and the right purchase it WILL PAY OFF in the long run.

5. Many, many, many people grow their wealth in depressed markets… there are still great deals and investments out there you just have to look harder.

For more information about the Real Estate opportunities at Legends and Sago Plantation visit my websites, call, or email.

With the aggressive nature of the Federal Reserve in their takeover of Fanny & Freddie this is a great time to purchase a home.  It is a Buyer’s market, prices are down, interest rates are down, NOW is the time.  Don’t be one of those that looks back in a 9 months to 1year and say “I wish I would have bought back then.”

Myrtle Beach Estate – Black Creek Plantation

Today we have a video update of a new listing at Black Creek Plantation (BCP)… BCP is a secluded gated community.  Only 4 miles from the Atlantic Ocean and even closer to all the amenities of Myrtle Beach, this Estate is a rare find… Each Black Creek home must set on an acre of upland.  This featured home, 95 Red Wolf Trail, sits on a 3-acre homesite…  BCP allows any home that has over 2 acres to have Horses and stable.  The estate boast 6 bedrooms 6 full bath rooms, 2 half bathrooms, over-sized 3 car garage, custom oak stair case, central vacuum, hand scrapped hardwood floors, gourmet custom kitchen accented by 8ft work island – commercial gas range – custom soft close cabinets – farm sink and so much more.  The 6th bedroom is 1000 square feet, has a kitchenette and is perfect for in-laws or an au pair.  The Master bath has a 11 foot walk-in shower with double shower heads and double bench seats.

Myrtle Beach Estate from jason ellis on Vimeo.

95 Red Wolf Trail – Myrtle Beach, SC 29579

Please click on link above for more information – Floor Plans and more pictures are available upon request. Realtor’s please inquire about that special promotion the Seller is offer on this one of a kind estate.

Sago Plantation Video Update – Myrtle Beach Real Estate

Sago Plantation at Legends is Myrtle Beach’s Newest Natural Gas Community… Offering all of the Luxuries that are demanded of a Coastal Lifestyle!  With a 1st class Amenity Center under construction and Model Homes under way Sago Plantation is off to a Phenomenal start.  At Sago Plantation you can Buy the Homesite & Build when you are ready… Purchase at Today’s Price not Tomorrows!!

Sago Plantation at Legends features… Master Planned Gated Community, No Building time-frame, Water/Wooded Homesites, Beautiful Street-scapes to include Palm Trees – Rolled Curbing – Sidewalks – Streetlights – all utilities are underground including Clean Natural Gas, Architectural Review Board, Golf Membership initiation fee to Award Winning Legends Golf Course, Amenities Center w/ Workout room – card rooms – social area – screen porch, pool, hot tub, kiddie pool, BBQ area, tennis courts, synthetic putting green and more…

Below is the first video update of Sago Plantation at Legends… My video skills will improve but in the meantime this will have to do… 

Sago Plantation at Legends – Update from jason ellis on Vimeo.

Sago Plantation is moving at a blistering pace… Please call or e-mail for more information!

843-222-2672 – jason@jasontellis.com 

Fannie and Freddy bailout is good for Buyers

Yet another reason to buy Myrtle Beach Real Estate

Finally some things favor the consumer.  A Perfect Storm if you may.  Buyers the market is yours – It has been a long time since the market has favored the Buyer so much.  There is tremendous value in the Myrtle Beach Real Estate Market, after steep appreciation in 2005 and 2006 you can now jump in and Buy property at pricing of 4 and 5 years ago.

Some facts about the Bailout that will positively affect you as the Buyer of Myrtle Beach Real Estate…

The government bailout is aimed at making mortgages easier to obtain and afford. By shoring up the mortgage financing giants, they can continue buying mortgages from lenders and injecting much-needed cash into the system.

Sunday’s federal takeover of Fannie Mae and Freddie Mac will likely translate into lower mortgage rates and greater availability of credit, experts say. Rates could drop by 1 percentage point from the stubbornly-high 6.39% for a 30-year fixed rate mortgage.

The Mortgage rates borrowers pay are dependent on the yields that investors demand when buying mortgage-backed securities from Fannie and Freddie.  Investors’ doubts about the companies’ viability have sent interest rates on those securities soaring. Despite regulators’ July promise that they would step in to save the mortgage companies, investors are still demanding rates of 2.25% to 2.45% above Treasuries. Historically, the spread has been 1.25%.  With the government now taking over the companies and minimizing the risk associated with their debt, investors may be willing to ease off their need for higher rates. 

LOWER RATES + LOWER PRICES = TIME TO BUY

WWW.JASONTELLIS.COM