Day Trips From Savannah

Day Trips From Savannah

East Coast Day Trips: Savannah, GA

When buying a home in Savannah, talk to your local real estate agent about activity’s outside of the area. It is important to look at some of the non-real estate features in the area as well. After all, buying a luxury home is more than just living in an area, it is about being able to enjoy the area as well. While Savannah has much to offer right within its city limits, those considering moving here will be pleased to know that there are many adventures awaiting within a few hours of the city.

 

Day Trips From Savannah In Less Than Four Hours

 

When looking for a little adventure, there is much to be found within a short distance of Savannah. Depending on what you are searching for, you will find that just about any type of experience is within driving distance of the city.

 

  • Atlanta. Atlanta offers everything that one could hope for in a major city. A visit to the Coca Cola museum is fun,or walk next door to the Atlanta Aquarium to see the whale sharks and other magnificent marine life is exciting. Walk through the Olympic Park area or explore some of the most unique shops in the downtown area. You can find magnificent restaurants to try, indulge in a night out on the town with many different entertainment venues, or explore the Atlanta underground for those who are history buffs.

 

  • Hilton Head. Hilton Head is a beautiful beach town that can only be described as breathtaking. The city is calm and peaceful, yet there is so much there that can be enjoyed. Stake out a place on the beach for a fun day in the sun, then hop over to the downtown area for an evening of entertainment and nightlife. If you love to bring your dog to the beach, Hilton Head allows dogs anywhere on the beach from October until April.

 

  • Charleston. Charleston is a magical town filled with history and great food. Visit the fort where the “shot heard round the world” was fired and started the Civil War. Indulge in “Low Country” cooking and tour through some of the most beautiful Colonial and Civil War era homes in South Carolina. Visitors may also want to view the Charleston Aquarium to learn about marine life off of the South Carolina coast. The aquarium has an amazing “touch pond” that is fun for all ages.

 

  • Jacksonville. Just a short trip south on I-95 will bring you to Jacksonville. Jacksonville is the largest city in Florida by overall area, but is not so large that it is not charming. Enjoy Jacksonville Beach or visit the Navy Station for a tour. Jacksonville has a great nightlife scene and for sporting fans, you will love the variety of events that take place year round.

 

Of course, there are so many other places that can be visited that are even closer to Savannah. Tybee Island is minutes from the city and has one of the best beaches in the area, as well as delicious seafood. St. Mary, Georgia is a very small town on the southern border near Florida where you can visit and take a boat out on an island that still has wild horses.

 

With so much to do and see near Savannah, it is no wonder that everyone loves this historical town.

Considerations when Home Buying.

Considerations When Home Buying

What To Consider When Home Buying.

When it comes to when you want to buy a home there are several things to consider. If you are contemplating buying a home, you should know and review the advantages and disadvantages of this big step you are about to embark on. As a long term investment, it’s great to buy a home. It’s a great financial decision.

On an average, homeowners see roughly a 7% growth annually. In my opinion, buying a home is not a very good short-term investment because you’re going to pay anywhere from 2% to 5% of the purchase price, be sure to understand your closing costs.  Consider a home investment as a long term asset that gains equity over a period of time.

The main reason why I believe home ownership is a good long term investment is that the longer you keep the asset (house) in good standing, you’re building equity. As you also pay off the mortgage on the property, your building equity as well. With less of your payment going solely on the interest of the loan but toward the actual price of the loan.

Some experts suggest habituating the home for at least 5 years to see an ROI. But if you’re going into real estate ownership to build wealth using this formula, there are a few things to consider while making this decision.

  • Your Home is not an Asset

Assets are things which generate cash flow for you, while liabilities generate expenses, or negative cash flow. I’m sure you’ve heard that houses are assets because property values gradually appreciate over a period of time. In reality though, the only time your home will become an asset is when you decide to put the property up for sale.

Yes, you’re building equity by living in the home and paying the mortgage on the property. But, every month it’s something that takes money from you, not put money in it. Only when you can sell the property does it become an asset.

While owning the house, you have to pay for all the repairs needed to keep the home in good standing. So naturally, the longer you own the property, the more you’re going to spend on it for repairs. Not to mention the mortgage, HOA fees, renovations, general lawn care, utilities, home owner’s insurance and of course taxes. These are just some of the responsibilities associated with home ownership.

Here’s an interesting, realistic ideal situation regarding home ownership. Say you purchased a house 15 years ago for $200,000. You may be able to sell it today for $400,000. You’ve financed the whole amount with a 6% APR loan for 30 years. You will have spent $157,936 on interest and $57,902 on the principal of your loan for a total of $215,838. Plus, you still owe $142,098 to pay off the bank. Now look at the total when you add all of your other monthly expenses into the equation.

Even if you were able to sell the property for the purchase price. You would still be in the hole considering inflation and time value of your investment. The money you invested then doesn’t have the same purchasing power as it does fifteen years later. Your home is an asset, but your mortgage is the liability. Because a mortgage is debt, you’ll need to pay it off before your home is really considered an asset. Because you’re not paying for it monthly. The only expenses are the costs of operating the home and taxes.

Selling your home has advantages as well. Once being, a profit from your investment. Unfortunately, there’s a tax involved with selling you home. It’s called capital gains tax. Capital gains tax is a fee that you pay to the government when you are selling your home, or anything else of value, for more than you invested in it.

There are two types of capital gains tax associated with real estate; they’re called “Short-term gain and Long-term gains”. Short term gains are when you pay taxes on property owned for less than a year. These are generally higher because they are taxed at the same rate as ordinary income. Long term gains are when you hold the property longer than a year before deciding to sell a home. You’ll get a benefit of a reduced tax rate that usually doesn’t exceed 20%.

 

Buying a home is a great decision if you’re thinking long term. The longer you live in it, the more benefits you’ll be rewarded. For one, every time you pay your mortgage note, you’re building equity, which creates a higher value. Two, you’ll experience better tax benefits in the longer term whenever you decide to sell a home. In conclusion, think long term buying a home.

best real estate blogs

Some of the Best Real Estate Articles for 2018

The Most Informative Real Estate Articles

Buying a home, whether for rent, flip or to live in is one of the most significant investments you will ever make, and you need to be armed with the right information. Looking around you will find all sorts of websites and blog posts that tell you lots about real estate. The problem, however, is finding quality real estate articles – while there may be lots of information out there, most of it doesn’t help you very much when it comes time to buy or sell a property.

We want to make a difference; on this site you will find real estate articles that help you make the right decisions. We will cover real estate issues that are not handled by many other sites, and we will cover them in-depth so that you can have the information that you need to help you make the right decisions when it comes to buying and selling property. Here are some of the topics that you can expect to see in the coming months:

Home Staging and Professional Photographs

Staging your home properly when the time comes to sell is one of the most important things that you can do – when prospective buyers come through the door what they see will help them decide whether they want to buy your home or not. While there are many websites that gives you tips on how to stage your home there aren’t many that are practical.

There are many, for example, that recommend that you can do it yourself with just a small budget. What they do not realize is that after living in a home for years it can be very difficult to get rid of clutter and stage it with an objective eye. We will bring you detailed articles that teach you how to stage your home with the help of a professional even if you have a small budget.

You can also read about the value of getting professional photographs for your listing – you want to be able to impress prospective buyers wherever they are and you can only do that if you take the best photographs.

Understanding Condo Documentation

Buying a condo is not like buying any other property – the documentation is a lot more detailed. Many people do not realize this and realize only later that they have made mistakes. If you look online for information you will find some sites, but their language tends to be more than the layman is willing to digest. Here, we will teach you how to go through condo documentation in language that you can understand.

Knowing When to Buy or Sell

In the pat people relied on trends to buy or sell property, but 2017 showed us that they are hardly enough – everything that was predicted didn’t happen – in fact, trends went the opposite way.

We will bring you articles that take an in-depth look at the real estate market – not just how it is affected by political events and the economy, but how everyday people react to what is going on around them, important factors to consider and how it affects the way they buy and sell property.

condo vs single family home

Should You Buy a Condo or Single Family Home?

People have hundreds of choices to make once they have decided to buy their first home.  Many people have a hard time deciding on which real estate they should buy. Condominiums obviously have a lot of advantages. However, many people are still interested in single family homes. Home buying is difficult at the best of times. The global real estate market has never truly recovered, and home buying will continue to be difficult for most people.

The Bigger Picture of Home Buying

However, people who are considering the benefits associated with a condo should trust their first instinct in many cases. Purchasing a condominium will make sense for a lot of people. Then again, there are clear sacrifices associated with choosing a condominium over a single family home, and this is something that people should also note in advance.

Pros and Cons

For one thing, many people like the opportunities associated with redecorating and remodeling their own homes. While it is possible to redecorate a condo to a certain extent, the condo association is often going to strictly limit people when it comes to what they can and cannot do with their own homes.

Some people enjoy working in their yards, and this is something that is really only possible for the people who are living in single family homes. Condos can have pleasant surrounding grounds, and the condo association will hire people who will keep those grounds in good shape. For some people, this is a good thing. Other people might enjoy designing their own exterior landscapes, and that can be a problem with condo living.

For many people, it’s still all going to come down to costs. People will usually spend more on a single family home than they will ever spend on a condominium,and it’s hard to get around that. It is true that a single family home is an investment, but that is also the case for a condo.

People might end up making fewer sacrifices financially when they purchase a condominium, and that can make a huge difference for everyone involved. Insurance is also an issue, and the condo association will usually take care of the insurance connected to the condo’s exterior.  Make sure to read through the condo documents to understand exactly what is and what is not covered by your condominiums insurance policy.

It should be noted that there are advantages associated with both types of property. After all, both of these properties are important investments that people will be able to enjoy for a long time. A condo will always be worth something, and so will a single family home.

Some people are just not going to need the space associated with a single family home anyway, and they won’t miss it when they decide to move into a condo. The low-maintenance nature of a condo will really make it perfect for everyone involved, especially for the people who are nervous about home buying in the first place.

Raising a family in a condo is often more difficult, especially because the people who live in condos have a tendency to make more complaints about noise. People will often have more privacy in larger single family homes, and that can make all the difference in the world for the people who are trying to live peacefully with their families. However, this just might not make much of a difference for other people. There are fewer burdens associated with owning and living in a condo, and that can be enough for many of the people involved.