Thursday, November 26, 2009

Charleston's Economy is Getting Ready to Kick Butt

I don't know about you but I am already seeing increased activity from all of the announcements about Companies coming to Charleston.

Of course, everyone is stoked about Boeing and the huge impact it is going to have on Charleston for years to come. They just broke ground and already have the land cleared and are surveying to start building, they say during construction which is going to run 24 hours per day there will be as many as 700 workers per shift just to build the huge plant.

Then you have TDC or that Huge Tire Distribution Company that is building a distribution center here that will be the # 4 user of the Port immediately upon opening operations.

You have the announcement that Mersk has decided to stay in Charleston.

You have the Cruise Ships that are starting to visit on a regular basis and for the first time ever in the Spring we are going to have a ship that runs out of Charleston as its regular port.

And, now you have the announcement about the Turbine Facility to be located on the former Charleston Naval Base that will become a test bed for the world's largest offshore wind turbines.

All of this news and I have seen the activity in Real Estate as well, for example I listed a home on Daniel Island the other day and through my internet exposure of the property we had an offer within the first week from a buyer moving here for a new job from Boston, Mass.

In addition to all of this the banks seem to finally be getting it together with new loan programs coming out on a regular basis and get this we had a short sale with Bank of America on a house in Riverland Terrace that I got approval from the bank within 6 weeks of submitting the offer, which has been unheard of.

We are rocking and rolling, and so will the economy in Charleston so NOW is the time to make that purchase, buy an investment, a lot to build on later, a REO or short sale to step up, etc. Let me know and I am here to help you or anyone that you know find the right deal or if they need to sell quickly I can make that happen as well. Call or E-mail me anytime and I hope you and yours have a Happy Thanksgiving, I know I will. Sincerely, David Wertan of RE/MAX Advanced Realty 843-270-6455 or visit www.DavidWertan.com

Monday, November 16, 2009

Home Buyer Tax Credit

The Tax Credit has been extended and expanded to include those that already own their home and want to buy a new home.

Basically you have to have lived in your existing home for 5 of the past 8 years to qualify for $6500 credit and if you are a first time homebuyer you qualify for the $8000 tax credit.

See www.federalhousingtaxcredit.com for details or give me a call. This will surely keep the housing market rolling along.

Call or e-mail me for the best deals, Thanks, David Wertan of RE/MAX Advanced Realty
843-270-6455 or visit www.DavidWertan.com

Saturday, November 7, 2009

Buyer Activity Remains Strong

Buyer activity is high. We have had more contingents on the hot sheet this year versus the same time last year. We're ratifying about 165-180 per week as opposed to under 100 for this time last year.

Sunday, September 27, 2009

Importance of Positive Mindset

I thought you might enjoy this article:

Now more than any other time in our recent history it is important that we find ways to stay positive. Why? Because your success depends on your mindset, not on the economy or on the marketplace. How do I know this to be a fact? I’ve interviewed hundreds of top producing sales people all over the USA and Canada, and when I asked them the secret to their success, unquestionably and without a doubt, they all said the same thing, “My mindset.”

These are top producing sales people that have been in the business for 10, 20, or even 30 years. They’ve been through up times, down times, and all kinds of different markets, and they said without a doubt it was their mindset. When times get tough, people start to look outside of themselves for answers and what they really need to do is look inside themselves and ask themselves the question, “How can I stay positive, how can I stay hopeful, how can I stay optimistic?”

This article will provide you with some tools to make it easier to be in a positive mindset no matter what.

The first tool is to really stop watching, or listening, or reading the news. Why? Because the news is based on negativity. The news amplifies fear and negativity in order to capture more listeners, more readers, and more viewers. The more scared they can make people, the more people will buy more newspapers to find out what’s going to happen, or turn on the TV more, or in some way stay fixated because they’re in fear, they stay fixated on what the media is telling them.

The second tool is stop being around negative people. Your colleagues are going to want to constantly come up and talk to you and tell you how bad it is. Maybe your clients or prospective clients are going say to you on the phone how bad it is, and even friends will do the same thing. First, avoid those kinds of people that are negative and second, if you’re stuck with them in an elevator or your car, I suggest you do what a former client of mine does. When the other person is talking negatively, my client just tunes them out and just says, “Well that may be true for you, but that’s not true for me.”

You’re creating your own inner environment.

The third tool is a very powerful tool called The Stop Technique, the way it works is that if you start to notice your mind going in a negative direction such as, “Oh I can’t succeed in today’s economy. Oh I just don’t have what it takes to be successful. I have to work really hard and struggle and sacrifice.” Any of those negative thoughts that will bring your energy down, your job is simply to catch those as early as you can and say, “Stop.”

Take a deep breath, and then put in a positive new thought.

If some of your negative statements are about yourself like, “I’m not good enough, or I’m not smart enough, or I’m not experienced enough,” or whatever those kind of disproving thoughts, a really good generic empowered thought to put in is, “I love and approve of myself unconditionally.” That takes care of those self judgmental statements. Another kind of limiting belief is something that you continually tell yourself, “To succeed I’m going to have to really struggle, and sacrifice, and stress out, and work hard, and then I won’t have a life.” If that’s been your primary belief then you put a stop on that when you hear it coming, and in inside you’re saying to yourself, “I’m not going there. I’m not going there.”
You take a deep breath and positive new thought could be, “I’m committed to working smarter, not harder.”

One of the things that’s great about this technique is that it forces you to become aware of what you’re thinking and it’s what you’re thinking that will create a negative or positive mindset. If you’re continually thinking negative thoughts either about yourself, or the market, or about money, or any of that, then guess what, you’re going real fast into a negative mindset. Then what happens is what you believe tends to come true, and it becomes a self fulfilling prophesy. For example if you tell yourself, “I don’t have what it takes to succeed in today’s market,” and you tell yourself that over, and over, and over again, your thoughts will create your reality and then you’ll find that you don’t have what it takes.

Henry Ford said, “Whether you believe you can or you can’t, either way you’re right.” The way to create a positive mindset is to continue to bring your thoughts back to, “I can do it.” You need to have unwavering faith in your ability to be successful. The way you do that is to retrain your mind. The stop technique is the most powerful technique for retraining your mind, but you may have to use it a few hundred times a day at the beginning. Your mind has been going down that negative track in a very undisciplined way for a long time and like wild horses that have been all over the place, you now have to reign them in and that is going to require a lot of vigilance at the beginning.

Now Go Out and See Who You can Have a Positive Impact on !!

Taken from an article by Maya Bailey and edited for space

Sunday, August 16, 2009

$8k Tax Credit Video

$8000 Tax Credit Time is Running Out

With the help of the $8,000 tax credit, we can get the real estate market mov-ing again. The government has made it easy to qualify for the credit, but get-ting the facts out can be challenging. Check out this link to a video that clears up some of the confusion for first-time buyers.

http://www.youtube.com/watch?v=2leBqxcwhvI

Let me know what you think. Do you have any questions?

These links to the IRS should answer them. IRS FAQs

[http://www.irs.gov/newsroom/article/0,,id=206293,00.html] IRS FAQs in Spanish

[http://www.federalhousingtaxcredit.com/2009/es/ faq.php]

Wednesday, July 29, 2009

Jumbo Rates Are Affordable Again

I know you hear all the time how Jumbo rate mortgages are so much more expensive and thus buyers are not able to buy homes over $417,000 without either a substantial penalty or paying the difference in cash.

Well that is no longer the case, as of today, July 29,2009, here are the rates from Bobby Green with Bank of America,


· 30 year JUMBO (over $417,000)
0/0 5.875 0/1 5.5%

· 15 year JUMBO
0/0 5.5% 0/1 5.25%

· 5 year ARM
0/0 5.625% 0/1 5.25%


This is about as low as I have seen them, so now is the time to take advantage of these rates and the low prices and buy that dream home now in beautiful Charleston, SC.

Let me know if you or anyone you know is interested. Homes are selling now, I think we have rounded that curve and prices are stabilizing.

Call or e-mail me anytime if you have any questions about real estate, Sincerely,
David Wertan of RE/MAX Advanced Realty in Mount Pleasant and serving all of Charleston

Tuesday, July 7, 2009

Avoid Foreclosure

I don't know why but people that are in Foreclosure also seem to be in denial or they just don't know the facts.

Fact: a Foreclosure will haunt you for years and years. On any job interview, for security clearances, promotions at work, any position of responsibility may be jeapordized, you have to answer yes to question on applications, Have you ever had a foreclosure or given a deed in lieu of foreclosure?

There is a solution and it seems that most people don't know about it or they are scared to ask for details.

It is called a Short Sale. This is where the bank approves you selling the home for less than what you owe in order to reduce their losses.

They will pay the Real Estate Commission and all other expenses so it cost you absolutely nothing.

Also a Short Sale does not show up on your credit, if it does it will show you missed a few payments, there is no question have you ever had a short sale? it will not jeapordize your job or other standing, your banking relationships or ability to borrow money in the future.

This is so important that we get this information out to as many people as possible to help them before it is to late.

The only thing required of you is cooperation with your Realtor.

If you don't call me at least call a Realtor that knows their way around the Short Sale process and they can help you avoid foreclosure now.

Pass the word, Sincerely, David Wertan of RE/MAX Advanced Realty 843-270-6455

Sunday, May 17, 2009

$8000 Tax Credit Now Available Upfront For Down Payment & Closing Costs

Some GREAT NEWS !!

The $8000 Tax Credit for First Time Homebuyers is Now Available when using an FHA Loan to purchase your home at the time of closing and can be used for your down payment and closing costs.

No more waiting around or trying to skimp and save or borrow from parents, your 401K or IRA, you can now get your credit advanced at the time of closing.

This is a Brand New Program so many lenders don't know about it yet but it is sure to bring more first time homebuyers into the market and you need to act now or tell anyone you know that now is the time to find that perfect property.

I can save you or your friends tens of thousands of dollars by finding the a bank foreclosure or a short sale.

I can get them 4 1/2% interest rate if they qualify.

I can also help them with new construction as the builders are offering special deals to buyers that are working top producing agents. Think about it for a second, they know that I work with buyers all the time, so who are they going to give the best deal to, a person that walks in a buys one home or a Top Producing Realtor that might be able to sell a half dozen or more of their homes in a single year.

Also, if you are thinking new construction remember on the tax credit the home has to close by December 1 so you really need to find the plan, the subdivision, etc, now so they have time to build the house and close it by December 1st.

Call or e-mail me if you have any questions or if you know of anyone that has been wanting to buy their first home but just couldn't come up with the downpayment and closing costs money.

843-270-6455 or David@DavidWertan.com anytime.

Thanks, Sincerely, David Wertan & The Wertan Team of RE/MAX Advanced Realty

Monday, April 20, 2009

Time Running Out on $8000 Stimulus Check for New Home Buyers

Time is running out for purchasers that qualify for the $8000 stimulus check for new homes.

In most New Home communities the builders no longer build speculative or inventory homes so as a buyer you come in and choose your house plan and they will build it for you.

To qualify for the $8000 stimulus check your new home must close by December 1st, and with most builders taking 5 to 6 months or longer to build your home you need to act quickly.

To find out if you qualify contact me or a member of The Wertan Team at RE/MAX Advanced Realty at 843-330-2500.

Also, don't forget you can get your check within weeks of closing you do not have to wait until the next tax year, so you could borrow the money necessary to close on the home and then turn around and pay it off within weeks from the stimulus check.

We are here to help you with all of the details so just call.

I just didn't want you to wait until the last minute and then feel rushed and maybe miss out on this great opportunity.

Sincerely, David Wertan of RE/MAX Advanced Realty in Charleston, SC

Sunday, March 15, 2009

rehava trademark lawsuit dropped by Re/Max

Being the Broker/Owner of the local Re/Max franchise in Mt. Pleasant, I do appreciate that Re/Max International takes protecting our trademarks very seriously. Try to copy Coke or Pepsi with name or look and you will find they will do the same to protect their brand.

Re/Max spends a Billion dollars a year on advertising the brand and the website www.remax.com and Re/Max is the # 1 Real Estate Company in the World, they are the one of the most recognized brands period and they take defending that seriously. They did withdraw their opposition to rehava as I think they should have, here is their statement where Re/Max International Withdrew their Trademark Opposition.

(March 11, 2009 – Denver, CO) This afternoon, RE/MAX International filed a document with the U.S. Patent and Trademark Office to withdraw any opposition to the trademark registration of rēhava Real Estate Store.

RE/MAX International has always sought to protect its brand and logo in the name of all its franchisees and affiliates. In this case, local RE/MAX Broker/Owners and Affiliates felt that no conflict or threat existed.Considering their opinion and public response, RE/MAX International decided that the best course of action was to drop opposition to the rēhava trademark.

RE/MAX has become a distinguished real estate leader after 36 years of competition in the marketplace. Competition has made the organization what it is today and competition will continue to result in success into the future.

RE/MAX recognizes that real estate competition in Charleston will benefit the public interest of the entire community.

Monday, February 23, 2009

2009 Housing Forecast

We are well into 2009 now and we have really seen the market pick up.

We are having multiple offer situations on bank foreclosures now and they are selling quickly.

I just had my listing at 105 Church in Crowfield sell full price with only 14 days on the market and my listing on Oakhurst in Rivertowne sold in just 18 days on the market.

so, if you know of anyone that wants to take advantage of the low prices, the low rates and the $8000 stimulus check let me know as now is the time to buy. We can find them deals on short sales (if they have patience) or bank foreclosures, or just regular sales as well.

Hope to hear from you soon, and oh by the way if you or anyone you know wants to refinance I can help them with that as well. Thanks !! David

Monday, February 2, 2009

Construction express: First blogg/ foundations

Construction express: First blogg/ foundations

This is the actual link to the blog that I was referring to by a friend in Charleston that did some work on the foundation of our home that we recently sold, hope you find info helpful, David Wertan of Re/Max in Charleston, SC

Foundations

Thought you might find this information helpful in buying a new home, David