Let me know if you know anyone that needs to get their home sold as I would love to help them too. Thanks, David Wertan of RE/MAX Advanced Realty
Tuesday, January 25, 2011
Ratified Another Contract on One of My Listings
Let me know if you know anyone that needs to get their home sold as I would love to help them too. Thanks, David Wertan of RE/MAX Advanced Realty
Tuesday, December 7, 2010
Home Buying Process is Stressful
Stress in the Home Buying Process can be reduced by following some tips that can help you keep your cool as you go thru the process of buying a home.
Buying a Home is one of the largest financial decisions you will ever make, so be sure to find the right Realtor to work with as they will guide you thru the process, make sure they are highly skilled, experienced and knowledgable.
Every Situation is Different, when you are buying a home you will get lots of advice and input from others that have purchased in the past, you have to realize that every situation is different. Yours, the sellers, the house, the loan, etc, are all different and so when you hear someone say, "Well we did it this way....." that may have worked for them but may not fit your situation at all.
Input from family members, remember everyone has an opinion, stay away from negative people and even though you may listen to their input you will ultimately make the decision and need to weigh the facts and have guidance from your Realtor.
No home is 100% perfect and buyers, home inspectors, appraisers, parents, etc, need to understand this and that you are finding the best house for your situation that meets the majority of your needs and that you see has potential for you and your family. So make a list of top priorities that you can't live without, stick to those important items and let the minor things go.
Negotiations are an important part of the process, so be upfront with your Realtor, make sure he knows all of the facts about you, your family, your situation, financial and otherwise so he can negoatiate the most favorable deal for you, with you, so that you come out with what works for you.
An example of this is a negotiation that I just went thru for a client, they told me the most important thing to them was to not have to move before the holidays. So, I negotiated an Occupancy Agreement for them after closing at less than their current payment to get them thru the holidays. When it came down to the closing last week, they had already moved out prior to closing and did not need or want to rent back after closing and luckily the buyer was fine, rather he was happy with that decision. But and the big But here is if they had told me this as their agent I could have maybe negotiated something else, like the price or closing costs or ?? but they told me the most important thing was not having to move and thus they may have left some money on the table.
There are lots of other tips as well when it comes to buying a home in Charleston just give me a call and we can meet and go over the process in fine detail before you hire me to be your agent and then we can have fun and enjoy the experience, instead of stressing out about it !!
Thanks, Sincerely, David Wertan of RE/MAX Advanced Realty in Mount Pleasant, SC
Buying a Home is one of the largest financial decisions you will ever make, so be sure to find the right Realtor to work with as they will guide you thru the process, make sure they are highly skilled, experienced and knowledgable.
Every Situation is Different, when you are buying a home you will get lots of advice and input from others that have purchased in the past, you have to realize that every situation is different. Yours, the sellers, the house, the loan, etc, are all different and so when you hear someone say, "Well we did it this way....." that may have worked for them but may not fit your situation at all.
Input from family members, remember everyone has an opinion, stay away from negative people and even though you may listen to their input you will ultimately make the decision and need to weigh the facts and have guidance from your Realtor.
No home is 100% perfect and buyers, home inspectors, appraisers, parents, etc, need to understand this and that you are finding the best house for your situation that meets the majority of your needs and that you see has potential for you and your family. So make a list of top priorities that you can't live without, stick to those important items and let the minor things go.
Negotiations are an important part of the process, so be upfront with your Realtor, make sure he knows all of the facts about you, your family, your situation, financial and otherwise so he can negoatiate the most favorable deal for you, with you, so that you come out with what works for you.
An example of this is a negotiation that I just went thru for a client, they told me the most important thing to them was to not have to move before the holidays. So, I negotiated an Occupancy Agreement for them after closing at less than their current payment to get them thru the holidays. When it came down to the closing last week, they had already moved out prior to closing and did not need or want to rent back after closing and luckily the buyer was fine, rather he was happy with that decision. But and the big But here is if they had told me this as their agent I could have maybe negotiated something else, like the price or closing costs or ?? but they told me the most important thing was not having to move and thus they may have left some money on the table.
There are lots of other tips as well when it comes to buying a home in Charleston just give me a call and we can meet and go over the process in fine detail before you hire me to be your agent and then we can have fun and enjoy the experience, instead of stressing out about it !!
Thanks, Sincerely, David Wertan of RE/MAX Advanced Realty in Mount Pleasant, SC
Monday, November 8, 2010
Charleston SC Voted Most Attractive People by Travel & Leisure Magazine
Most Attractive People (According to Travel & Leisure Magazine)
No. 1 Charleston
This South Carolina city bumped off perennial winner Miami this year; have the good-looking people really migrated north? Charlestonians also score high for friendliness, rank second for their classic sense of style, and even make the top 10 for intelligence. To see if it’s all true, just stroll the streets of this quaint city, which also ranks No. 1 for its noteworthy neighborhoods
No. 1 Charleston
This South Carolina city bumped off perennial winner Miami this year; have the good-looking people really migrated north? Charlestonians also score high for friendliness, rank second for their classic sense of style, and even make the top 10 for intelligence. To see if it’s all true, just stroll the streets of this quaint city, which also ranks No. 1 for its noteworthy neighborhoods
Monday, November 1, 2010
Unsold New Homes Fall to Lowest Level since 1968
The housing sector data released during the week was generally better than expected. September Existing Home Sales rose 10% from August. Inventories of unsold existing homes fell 2% to a 10.7-month supply. First-time buyers purchased 32% of homes. Distressed homes accounted for 35% of sales. September New Home Sales rose 7% from August. The inventory of unsold new homes fell to the lowest level since 1968.
Sunday, October 31, 2010
Fantastic Interest Rates & Other Opportunities
It is incredible to me that there are buyers still waiting on the sideline wondering what will happen in the future, when one thing you know for sure is that Right NOW you can buy a house at a greatly reduced price and that rates are at all time lows.
Do you realize that if you borrow $200,000 at 4% for 30 year loan that your principal & interest is only $954.83 per month. You Can't Rent a $200k House this cheap !! That is what is going to turn around the market, when you can own for Less than it costs to rent a house in Charleston and this has only happened a couple of times in my 27 years of experience.
I remember in 1993 when they announced the Charleston SC Navy Base was closing, it was by far the largest employer in the area and the announcement and impending doom and gloom brought real estate to its knees. In that year I sold a 107 houses (and I was only 28 years old at the time). It was fantastic for me, not for those that lost their jobs and had to either relocate or recreate themselves, go back to school, open their own business, etc. What happened a few years later though was incredible those houses doubled in value, in 1993 my average sale was $62,000 and within 5 years those homes were selling in the low $100k range, really incredible.
Our market turned around and actually improved by the Navy Base Closing. I remember going to a Meeting in Orlando Florida about communities across the Country that were losing bases and how they had dealt with it and what had happened over the years and in almost every single instance it wound up being a big positive and the economy came back even stronger, with a more diverse employment, higher paying jobs, better quality of life, etc.
I have witnessed first hand the ups and downs of real estate in Charleston over the past 27years and I can tell you without hesitation that it is fantastic time to buy a home. When you can buy lots for less than what it costs to develop them, houses for less than what it costs to build them and rates are at or around 4%, it just doesn't get any better than that.
Remember buy when everyone is selling and sell when everyone is buying, that goes for not only stocks but it works in real estate as well.
I heard a story tonight at a Halloween party from a friends parents about how she grew up in a home in Charleston that her dad paid $3000 for at the time and that it just sold this week for $900,000 even in this "depressed" market. Where else can you make that kind of return on your money, in addition provide a roof over your head, shelter for you and your family, and leverage your money with todays financing? Nowhere but in Real Estate.
Pass the word, the media is not going to do it for us, tell your friends, kids, thier friends, co-workers, etc, that NOW is the time to buy as Real Estate, especially in Charleston, SC, will always be the best investment for you and your family.
Hope you had a safe and Happy Halloween, Sincerely, David Wertan of RE/MAX Advanced Realty
Do you realize that if you borrow $200,000 at 4% for 30 year loan that your principal & interest is only $954.83 per month. You Can't Rent a $200k House this cheap !! That is what is going to turn around the market, when you can own for Less than it costs to rent a house in Charleston and this has only happened a couple of times in my 27 years of experience.
I remember in 1993 when they announced the Charleston SC Navy Base was closing, it was by far the largest employer in the area and the announcement and impending doom and gloom brought real estate to its knees. In that year I sold a 107 houses (and I was only 28 years old at the time). It was fantastic for me, not for those that lost their jobs and had to either relocate or recreate themselves, go back to school, open their own business, etc. What happened a few years later though was incredible those houses doubled in value, in 1993 my average sale was $62,000 and within 5 years those homes were selling in the low $100k range, really incredible.
Our market turned around and actually improved by the Navy Base Closing. I remember going to a Meeting in Orlando Florida about communities across the Country that were losing bases and how they had dealt with it and what had happened over the years and in almost every single instance it wound up being a big positive and the economy came back even stronger, with a more diverse employment, higher paying jobs, better quality of life, etc.
I have witnessed first hand the ups and downs of real estate in Charleston over the past 27years and I can tell you without hesitation that it is fantastic time to buy a home. When you can buy lots for less than what it costs to develop them, houses for less than what it costs to build them and rates are at or around 4%, it just doesn't get any better than that.
Remember buy when everyone is selling and sell when everyone is buying, that goes for not only stocks but it works in real estate as well.
I heard a story tonight at a Halloween party from a friends parents about how she grew up in a home in Charleston that her dad paid $3000 for at the time and that it just sold this week for $900,000 even in this "depressed" market. Where else can you make that kind of return on your money, in addition provide a roof over your head, shelter for you and your family, and leverage your money with todays financing? Nowhere but in Real Estate.
Pass the word, the media is not going to do it for us, tell your friends, kids, thier friends, co-workers, etc, that NOW is the time to buy as Real Estate, especially in Charleston, SC, will always be the best investment for you and your family.
Hope you had a safe and Happy Halloween, Sincerely, David Wertan of RE/MAX Advanced Realty
Tuesday, September 14, 2010
Charleston SC Real Estate Market Returning to Normal
Residential Real Estate Market Shows Signs Of Normal Activity
According to preliminary data released by the Charleston Trident Association of REALTORS® (CTAR), 681 homes sold at a median price of $199,055 in August. This reflects a nearly 4% increase in sales and a 6% jump in prices compared to August 2009, when 658 homes sold at a median price of $187,840.
Year to date, 5,624 homes have sold, compared to the 4,685 that were reported at this point in 2009. The year-to-date median sale price is a healthy 2% ahead of this point last year—$183,982 as of August 2009, and $188,207 thus far in 2010.
“Sales volume is up 20% year-to-date. While the gain is across all price ranges, the August figures suggest that stability is returning to the market after the post Tax Credit drop-off. We’re moving toward a more normalized market, as consumer confidence is being restored slowly” said David Wertan, Broker/Owner of RE/MAX Advanced Realty in Mount Pleasant, SC.
As of August 31, there were 9,552 properties listed as actively for sale in the Charleston Trident Multiple Listing Service (MLS), this includes vacant lots and condos which are not able to be financed in this market and in my opinion is thus very misleading.
When working with buyers it is becoming more and more difficult to find a home that shows well and is priced correctly. Rates are at some all time lows and buyers should get off of the fence and buy now before they wind up kicking themselves later for not buying in 2010.
According to preliminary data released by the Charleston Trident Association of REALTORS® (CTAR), 681 homes sold at a median price of $199,055 in August. This reflects a nearly 4% increase in sales and a 6% jump in prices compared to August 2009, when 658 homes sold at a median price of $187,840.
Year to date, 5,624 homes have sold, compared to the 4,685 that were reported at this point in 2009. The year-to-date median sale price is a healthy 2% ahead of this point last year—$183,982 as of August 2009, and $188,207 thus far in 2010.
“Sales volume is up 20% year-to-date. While the gain is across all price ranges, the August figures suggest that stability is returning to the market after the post Tax Credit drop-off. We’re moving toward a more normalized market, as consumer confidence is being restored slowly” said David Wertan, Broker/Owner of RE/MAX Advanced Realty in Mount Pleasant, SC.
As of August 31, there were 9,552 properties listed as actively for sale in the Charleston Trident Multiple Listing Service (MLS), this includes vacant lots and condos which are not able to be financed in this market and in my opinion is thus very misleading.
When working with buyers it is becoming more and more difficult to find a home that shows well and is priced correctly. Rates are at some all time lows and buyers should get off of the fence and buy now before they wind up kicking themselves later for not buying in 2010.
Wednesday, September 1, 2010
BBQ & Blues Festival at Boone Hall Plantation
Check it out and bring the family out to Boone Hall Plantation this Sunday where RE/MAX Advanced Realty is sponsoring the BBQ team run by Bruce Perdue known as the Double D's BBQ.
It should be lots of fun as we plan to have corn hole set up and lots of prizes to win, with great music, great BBQ and a few beers.
It is a Family Friendly Enviroment and We Hope to See YA'LL There !!
Look for our RE/MAX Balloon.
Thanks, David Wertan, BIC of RE/MAX Advanced Realty in Mt Pleasant, SC
It should be lots of fun as we plan to have corn hole set up and lots of prizes to win, with great music, great BBQ and a few beers.
It is a Family Friendly Enviroment and We Hope to See YA'LL There !!
Look for our RE/MAX Balloon.
Thanks, David Wertan, BIC of RE/MAX Advanced Realty in Mt Pleasant, SC
Wednesday, July 7, 2010
Tax Credit Deadline Extended
Home Buyers Win More Time to Claim Tax Credit
By Ruth Mantell Print Article
RISMEDIA, July 7, 2010—(MCT)—President Barack Obama recently signed into aw a three-month extension on the deadline for home buyers to obtain a federal home buyer tax credit of up to $8,000.
Eligible taxpayers who contracted to buy a home, qualifying for the first-time home buyer tax credit before the end of April 2010, now have until September 30, 2010 to close the deal. To be eligible, buyers need to be in a binding contract that was in place by April 30.
The new law addresses concerns that many home buyers might be unable to meet the original June 30 closing deadline.
The National Association of Realtors has estimated that about 180,000 otherwise eligible buyers were likely to miss out on the credit if the original deadline was upheld. It’s been difficult for some buyers to get their mortgages approved on time, as lenders work through a clogged pipeline of applications.
(c) 2010, MarketWatch.com Inc.
Distributed by McClatchy-Tribune Information Services.
By Ruth Mantell Print Article
RISMEDIA, July 7, 2010—(MCT)—President Barack Obama recently signed into aw a three-month extension on the deadline for home buyers to obtain a federal home buyer tax credit of up to $8,000.
Eligible taxpayers who contracted to buy a home, qualifying for the first-time home buyer tax credit before the end of April 2010, now have until September 30, 2010 to close the deal. To be eligible, buyers need to be in a binding contract that was in place by April 30.
The new law addresses concerns that many home buyers might be unable to meet the original June 30 closing deadline.
The National Association of Realtors has estimated that about 180,000 otherwise eligible buyers were likely to miss out on the credit if the original deadline was upheld. It’s been difficult for some buyers to get their mortgages approved on time, as lenders work through a clogged pipeline of applications.
(c) 2010, MarketWatch.com Inc.
Distributed by McClatchy-Tribune Information Services.
Thursday, June 10, 2010
Sales Continue Upward Trend
RESIDENTIAL REAL ESTATE SALES REACH HIGHEST LEVEL SINCE SEPTEMBER 2007
Sales Up 29%, Prices Continue Pattern of Consistency
According to the Charleston Trident Association of Realtors
CHARLESTON, SC—(June 10, 2010) Preliminary data released by the Charleston Trident Association of REALTORS® (CTAR) shows 878 closings took place last month. This not only marks a 29% increase from the 678 sales in May 2009 but the highest level of closed sales in this region since September of 2007.
The median sale price for May 2010 settled at $186,497. In May 2009, preliminary reports showed a median sale price of $187,000. Last month, figures showed this year’s lowest median price of $180,175.
Year-to-date, 3,277 homes have sold in the Charleston region. This represents a 28% increase in sales activity when compared to the same period last year—at this point in May 2009, 2,553 homes had changed hands.
Our Office at RE/MAX actually has increased production YTD as of 5/31/2010 by 237% and # of Transactions by 183%, when compared to activity thru 5/31/2009 with an average sales price of $227,000, according to David Wertan, Broker in Charge of RE/MAX Advanced Realty. So we are outpacing our competition by agressively marketing our listings not only locally but nationally thru the # 1 real estate company website in the world which is www.remax.com.
There were 9,867 properties listed as actively for sale with the Charleston Trident Multiple Listing Service as of May 31, 2010 which has continued to drop. 6,975 of them are single family homes which continue to be the best sellers and only 185 of those are listed as Lender Owned in our MLS.
BERKELEY COUNTY
Berkeley County led the way in both sales and price increases in May. Bolstered by a flurry of recent activity on Daniel Island, sales in the county increased 46% and median price increased 10% over 2009 levels. 202 homes sold at a median price of $165,517 last month. In May 2009, 138 homes sold at a median price of $150,964.
The majority of Berkeley County activity occurred in Goose Creek and Moncks Corner from Highway 52 to the Cooper River. Daniel Island had a strong showing this month with 22 homes sold at a median price of $540,450, the strongest month so far this year.
CHARLESTON COUNTY
Charleston County also posted impressive increases in May—475 sales resulted in a 31% increase over May 2009’s 363 sales and prices increased 6% from $215,000 to $228,000.
The majority of activity took place in Mount Pleasant, south of Highway 41. 99 homes sold at a median price of $341,236 in that area. An unprecedented 32 homes sold for a median price of $245,988 on Johns Island—the most sales on the island since March 2007.
DORCHESTER COUNTY
170 homes sold in Dorchester County last month, representing a 10% increase from May 2009, when 155 homes sold at a median price of $168,000. Prices showed a quiet decline of less than 2%, settling at $165,050.
The increase in sales was led by consistently strong activity in the Summerville/Ridgeville area, where 86 homes sold at a median price of $169,272.
APRIL 2010 ADJUSTMENT
Preliminary numbers reported for April 2010 indicated 784 homes had sold at a median price of $180,175. Adjusted numbers now show that 844 homes sold at a median price of $181,000.
What all this means to you? Call me and lets talk about getting your home sold or buying your new home before the values start increasing and the rates go up. I look forward to hearing from you,
Sincerely, David Wertan & The Wertan Team of RE/MAX 843-270-6455
Sales Up 29%, Prices Continue Pattern of Consistency
According to the Charleston Trident Association of Realtors
CHARLESTON, SC—(June 10, 2010) Preliminary data released by the Charleston Trident Association of REALTORS® (CTAR) shows 878 closings took place last month. This not only marks a 29% increase from the 678 sales in May 2009 but the highest level of closed sales in this region since September of 2007.
The median sale price for May 2010 settled at $186,497. In May 2009, preliminary reports showed a median sale price of $187,000. Last month, figures showed this year’s lowest median price of $180,175.
Year-to-date, 3,277 homes have sold in the Charleston region. This represents a 28% increase in sales activity when compared to the same period last year—at this point in May 2009, 2,553 homes had changed hands.
Our Office at RE/MAX actually has increased production YTD as of 5/31/2010 by 237% and # of Transactions by 183%, when compared to activity thru 5/31/2009 with an average sales price of $227,000, according to David Wertan, Broker in Charge of RE/MAX Advanced Realty. So we are outpacing our competition by agressively marketing our listings not only locally but nationally thru the # 1 real estate company website in the world which is www.remax.com.
There were 9,867 properties listed as actively for sale with the Charleston Trident Multiple Listing Service as of May 31, 2010 which has continued to drop. 6,975 of them are single family homes which continue to be the best sellers and only 185 of those are listed as Lender Owned in our MLS.
BERKELEY COUNTY
Berkeley County led the way in both sales and price increases in May. Bolstered by a flurry of recent activity on Daniel Island, sales in the county increased 46% and median price increased 10% over 2009 levels. 202 homes sold at a median price of $165,517 last month. In May 2009, 138 homes sold at a median price of $150,964.
The majority of Berkeley County activity occurred in Goose Creek and Moncks Corner from Highway 52 to the Cooper River. Daniel Island had a strong showing this month with 22 homes sold at a median price of $540,450, the strongest month so far this year.
CHARLESTON COUNTY
Charleston County also posted impressive increases in May—475 sales resulted in a 31% increase over May 2009’s 363 sales and prices increased 6% from $215,000 to $228,000.
The majority of activity took place in Mount Pleasant, south of Highway 41. 99 homes sold at a median price of $341,236 in that area. An unprecedented 32 homes sold for a median price of $245,988 on Johns Island—the most sales on the island since March 2007.
DORCHESTER COUNTY
170 homes sold in Dorchester County last month, representing a 10% increase from May 2009, when 155 homes sold at a median price of $168,000. Prices showed a quiet decline of less than 2%, settling at $165,050.
The increase in sales was led by consistently strong activity in the Summerville/Ridgeville area, where 86 homes sold at a median price of $169,272.
APRIL 2010 ADJUSTMENT
Preliminary numbers reported for April 2010 indicated 784 homes had sold at a median price of $180,175. Adjusted numbers now show that 844 homes sold at a median price of $181,000.
What all this means to you? Call me and lets talk about getting your home sold or buying your new home before the values start increasing and the rates go up. I look forward to hearing from you,
Sincerely, David Wertan & The Wertan Team of RE/MAX 843-270-6455
Monday, April 12, 2010
Dave Ramsey is Coming to Charleston
I am sponsoring Dave Ramsey Live in Charleston tomorrow evening the 13th of April at the North Charleston Coliseum.
Dave Ramsey is a Nationally syndicated Radio Talk Show Host and also on Fox Business News and he talks about getting your finances in order "Living Like Nobody Else so that One Day You Can Live Like Nobody Else".
His presentation is straight forward and can change your life forever. It is truly an amazing experience, his simple approach that is based on Christian faith principles can be applied to anyone of any religion in any circumstance and of any income level.
He offers coaching to NFL football players and has helped tens of thousands of normal folks like you and me.
If interested in going to see Dave Ramsey Live tomorrow night let me know as I have a handful of tickets available for FREE to those that respond, also, if you are already going please make it a point to stop by my booth / table and say hello.
Hope to see you there as we prepare for the rest of our life. Take care, David Wertan of RE/MAX Advanced Realty
Dave Ramsey is a Nationally syndicated Radio Talk Show Host and also on Fox Business News and he talks about getting your finances in order "Living Like Nobody Else so that One Day You Can Live Like Nobody Else".
His presentation is straight forward and can change your life forever. It is truly an amazing experience, his simple approach that is based on Christian faith principles can be applied to anyone of any religion in any circumstance and of any income level.
He offers coaching to NFL football players and has helped tens of thousands of normal folks like you and me.
If interested in going to see Dave Ramsey Live tomorrow night let me know as I have a handful of tickets available for FREE to those that respond, also, if you are already going please make it a point to stop by my booth / table and say hello.
Hope to see you there as we prepare for the rest of our life. Take care, David Wertan of RE/MAX Advanced Realty
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