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Flood Insurance: The Next Shock!

FLOOD INSURANCE is going to be the "hot topic" in real estate for the next few months in all the coastal areas of the U.S. Flood insurance rates may increase substantially as FEMA stops subsidizing them, which may cause major problems to real estate transactions.

What can coastal property sellers and buyers do proactively to avoid price shocks and frustrated transactions?

Sellers:
- Get a Flood Elevation Certificate
- Obtain a Flood Determination and a flood insurance quote from an educated flood insurance agent, and retain a flood insurance consultant if there are any errors in the flood zone classification.
- Increasing insurance deductibles may lowe...

More details here.

This is a fantastic opportunity in a popular NEW Mount Pleasant, SC neighborhood!  

Pinckney Place in Mount Pleasant (off of Whipple Road across from the Mt. Pleasant Tennis Center) is a quaint new home subdivision featuring Charleston-style single family, detached homes (some with detached garages) at affordable prices.  Its proximity to the new East Cooper Hospital Extension, the Mount Pleasant Senior Center, I-526, Belle Hall Shopping Center and Downtown Charleston makes Pinckney Place a great location.

To learn more about the neighborhood, see existing homes, and view details on the floorplan for 1644 Ware Bottom Lane, click here.

As experts in the area we kno...

VIDEO:  Mount Pleasant Market Update! 

For custom market update or valutation of your home call 843-900-0155.

As you know the residential market went through a low until about 2010 and it has been recovering ever since. And we have had a pretty good year in the last 12 months in Mount Pleasant, SC with inventory going down substantially and demand rising and prices are actually going up (with only 3 and a half months inventory in terms of absorption). However, there are a couple of things that may slow down our market growth. One is the unusual growth in inventory - normally after June/July inventory starts decreasing until the end of the year. This year it was a little bit unusual...

"Buying a house for the first time can be an exciting yet frightening process.  There are so many options out there and so many variables that come into play. It is not an easy decision but one that you make with your head as well as your heart.

I have been in this country for 13 years now and I knew it was time for me to buy a piece of land to call home.  I happened to know a realtor, Alan Donald.  He helped my family buy property on Daniel Island.  I have to say, he made the experience and process a really practical and smooth one. He helped me figure out what I was really looking for without ever pushing me to buy anything I didn’t want. He gave me the time to think things through a...

The Alan Donald Real Estate Team at Keller Williams Realty closed another Mount Pleasant home sale in Ivy Hall.  The team has closed many transactions this year and is a leader in Mount Pleasant, SC home sales.  Using their market experience and established professional systems, The Alan Donald Real Estate Team is able to exceed seller expectations and deliver superior value. To learn more about their services for home sellers visit www.BuyHomesInCharleston.com/For-Sellers.html.


Mount Pleasant, SC, October 1, 2013. --(PR.com)-- Using their professional experience, established systems, market knowledge, and comprehensive marketingplan, The Alan Donald Real Estate Team has been able to cl...

Huge Garage Sale

The Alan Donald Real Estate Team is sponsoring a group yard sale for Belle Hall Plantation and Grassy Creek, to take place on Saturday, October 19th from 7:30 am until noon. 

To participate in this joint garage sale, homeowners can register and receive FREE inclusion in the advertisements to be run in the Post & Courier, Craigslist and Moultrie News, FREE signage and FREE price stickers.

More information on 843-900-0155.

Do you have commitment issues?  

Do you often experience buyers remorse?

Many buyers who find a house that looks perfect after house-hunting for only a couple of weeks hesitate to make an immediate commitment and write an offer. They want to “make sure they have looked at all available options” before making an offer. Whether you are in a buyer's or seller's market, the best homes usually get snapped up quickly. If you have given careful thought to your buying criteria, when you find a great home that fits those criteria and is well-priced, you may not have much time to think it over without losing it.

Although it is difficult to make such an enormous purchasing decision without at l...

THE SHERLOCK HOLMES EFFECT - THE BUYER'S HOME INSPECTION

Did you know that you can use a Reverse Mortgage to purchase a new home?  

Jerry Garner, Reverse Mortgage Specialist, and I hosted a webinar on how to Retire in Style using a Reverse Mortgage for purchase.

You can watch it below:

What is a Reverse Mortgage?

A REVERSE MORTGAGE (RM) is a type of home equity loan that allows you to borrow against your home while still keeping title to it. It may be an ideal tool if you are a "house-rich, cash-poor" retired person.

Similarly to a "normal" (or forward) mortgage, your home is used as the collateral for the##contactfirstname$$, lender, except that in an RM the lender pays you (and adds the payment or draw, plus interest) to your balance.