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Kiawah Island : Real Estate Advice

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  • Home Buying52
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Activity 59
Mon Jun 19, 2017
James Schiller answered:
This will be helpful for you to understanding the ROI and expenses for buying properties on Kiawah as investment.

http://searchrealestate.co/kiawah-island/investment-property-for-sale ... more
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Sat Mar 18, 2017
Connollyad answered:
What are the dues at the Kiawah Island Club?
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Tue Feb 14, 2017
James Schiller answered:
Hi there.. You can expect about $50,000 gross per year in income.. but here is some more in depth information..

http://searchrealestate.co/kiawah-island/investment-property-for-sale
0 votes 3 answers Share Flag
Wed Mar 9, 2016
Toni Moseman answered:
Fri May 1, 2015
James Schiller answered:
That is a wonderful idea! Kiawah is a lovely island which will let you enjoy the sun, surf, and sand as much as you want while living within reasonable distance from Charleston city. Although it is a popular destination for tourists, it is still somewhere you can enjoy some privacy especially if you own a beachfront home.

Will this be a vacation home or a permanent residence? Either way, you will definitely enjoy having a home here.

Here are some properties you might want to look interesting to you: http://searchrealestate.co/kiawah-island.
... more
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Sun Mar 23, 2014
Donovan answered:
Does anyone know how many properties are for sale at Casique and how many sales have closed in the last 5 years? How does that compare to other developments on kiawah? How is the new neighborhood near the Ocean Course?



Thank you.
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Fri Jan 24, 2014
Mikki Ramey answered:
Many of the Charleston beaches are seeing increases in sales. Median price in Kiawah increased in December.
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Wed Dec 4, 2013
Michael Schumpert answered:
It looks like the Seller has been trying to sell this home at about the same price off and on for a couple years. In most cases, when a home is undervalued, it will sell fairly quickly. But it's possible the true value has been overlooked, making this a great opportunity for you to purchase, flip, and make a nice profit? ... more
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Tue Jun 18, 2013
Alfred answered:
Thank you for your response.

I have been focused mainly on kiawah island. I hate to admit it, but I am very confused now and I am not sure what really is a sales pitch and what is the truth anymore. I think that 39 months of inventory contradicts what I was told by the real estate company there.

My dad always told that numbers don't lie, so I really need to step back. They did give us some brochures that said business is booming and they are selling more than last year, so that appears to be good news. But the number of homes being for sale doesn't add up based on what we were led to beleive.

I guess that I have to sift through all of the hype myself and figure out what is going on. Where I live it seems to be much easier to get a straight answer -- gotta love the midwest!

Maybe I just need to buy some higher hip waders for the east coast!!!
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Sat Jun 15, 2013
answered:
She thinks the prices of what will fall? Real estate? The stocks she has you in? Every time there is a spike in interest rates there is also a spike in purchase transactions, people jump in not out when rates hike, they fear they will go higher. Not a bad speculation if you ask me. I think they will go a lot higher in order to attract real investment in mortgage backed securities. The feds are buying the lion’s share now, when they stop doing that who in their right mind would buy a 30 year bond at current yields? The only direction they can go is up. They certainly aren’t going to pay you to borrow money, (I hope not).

Besides, buying real estate to live in isn't an investment, it is a home. There is uncertainty driving on the expressway but I made it again today, I love a trend!

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
... more
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Sun Jun 9, 2013
Mikki Ramey answered:
I would recommend contacting an insurance agent to get an accurate quote.
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Sun Jun 9, 2013
M Steward answered:
Do you know what the average listing period is? it sounds like you are implying that long listng periods are common?
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Sun Jun 9, 2013
Mikki Ramey answered:
These are lovely condos. As with any condo, you will have to pay a regime fee. This helps with maintenance and exterior insurance. These fees on this condo are actually low compared to many. It is $249/month plus about $1500/year fee to Kiawah. Here is a listing for one.
http://ctarmls.com/CharlestonReports/ListitLib/show_report.aspx?ID=2125823740

Let me know if you would like to set up an appointment.
... more
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