Reflections

Lori Bee reflects on many treasured memories as she captures children enjoying beach playtime.

Beach Memories

As an empty nester, I miss the days of ole, watching my children play on the beach.   This moment watching another family visiting Hilton Head Island recently, brought back so many memories of years visiting here with my own family.

I did enjoy it then.   And I treasure those memories even more now.

$1000 Giveaway ! 

Lori Bee is giving away $1000 for you to use on your new DR Horton Home!

I’m  giving away my bonus money!  For real.

I recently attended a DR Horton Homes event and was presented with this exclusive card good for a $1000 bonus on a sale that goes to contract before September 30th, 2017.   Yeah, I could keep it for myself but I thought,   “No Lori. Give it away!”

I asked the representatives, and they said, it’s my money, my choice.

So here’s my offer, first come, first serve.    Come use my  $1000 bonus towards your purchase discount or upgrades on any DR Horton Home in the Beaufort County, SC area.

 

 

You can see, they have a lot to offer whether it be move-in ready or custom built for you! The other bonus you get is my 17 years of experience, my Certified New Home Sales Specialist expertise and a wide variety of great homes to choose from.

I only have one offer so call me today at 843-505-3132 for more details and to start your new home shopping today!

 

The Covenant

Photos of Pritchard Pocket Park and the Bluffton Covenant located on the banks of the May River, by Lori Bee.


I’ve lived in Bluffton 4 years and just this morning, finally explored  ” Pritchard Pocket Park.”  I’m so glad I did because the moment took my breath away. And I had no idea that Bluffton had its own Covenant. It so touched my heart. I will definitely be back.

Beaufort and Hilton Head Area Homes with Deep Water and Docks

Check out all of the lowcountry area homes featuring deep water docks.

Deep Water Dock Homes from Beaufort MLS

Deep Water Dock Homes from Hilton Head MLS

Memorial Day Weekend and the summer boating season is upon us.   I love boating and understand the desire to have that perfect lowcountry home with deep water access.  Check out the links above to find your dream estate on the water.

I’m a member of both the Beaufort MLS and the Hilton Head MLS, so I can help you find your dream come true, in just about any area of the lowcountry.    Let me put my 17 years of experience to work for you.   843-505-3132

In the meantime, enjoy the beautiful homes….

Realtor.com Results Summit

Lori Bee offers Realtors a discount to go to Realtor.com 2nd Annual Results Summit to learn, network and have fun in Las Vegas!

RealtorSummitScreenshot

Hey Baby, Let’s go to Vegas!  Together!

So excited and honored to be a round table speaker at the Realtor.com’s 2nd Annual Results Summit Sept 18th -19th at The Cosmopolitan of Las Vegas.

And there is GREAT news for my Realtor Friends too!
Go to my exclusive discount site to register at Lori Bee’s Exclusive Discount for Realtor REsults Summit with Realtor.com and join us in all the fun, learning and networking. The link will always be good for 50% off the regular site price, for those of you who would like to join us. Feel free to share it with your Realtor friends too!

The price now through Jun 15th is only $149, meaning your link price is only $75!!! On June 16th the price goes up to $199, meaning your link price will be $100.

Check out the highlights from 2016.

I hope to see you there in September!

Moreland Village at Palmetto Bluff

Take a video stroll thru the brand new Moreland Village in Palmetto Bluff, Bluffton, SC !

Today I attended the Hilton Head Area Association of Realtors, Professional Development session on “How to Buy and Sell in Palmetto Bluff.”   It featured an exclusive preview of the brand new Moreland Village neighborhood.

Take a look at this video, and let me know if you need more info or a personal tour of this amazing community.   It’s my favorite!

Your Version of “As Is” May Leave You Unsold

Understanding “as is” in the Hilton Head area real estate market.

I think consumers watch way too much HGTV.   TV is NOT reality and a good agent will explain to you the laws in your state and practices in your market.  Real estate is truly local. For example, in the Hilton Head area market, we have a different purchase contract than the rest of the state.  In Section 8.  It clearly states:

“8. CONDITION OF PROPERTY. At Closing, all appliances and systems referenced in Section 4, including heating, air conditioning, electric and plumbing systems, fireplace/chimney, irrigation, pool and spa, shall be in good working order, and their physical condition shall be subject to reasonable wear and tear regardless of age. Further, the structure shall be reasonably sound and the roof free of leaks at Closing.”

This is very important to note to sellers who have a property that is a little older or perhaps has some maintenance issues to address.

Also of note is that this area of the contract also does address what buyers expectations should be:

“Other than the Property condition requirements set forth in this Section, the Property shall be conveyed in its present condition “As Is”. “As is” means the Property shall be conveyed in the condition existing on the Effective Date, subject to the terms of this Contract. The Property is a resale property. It is not new construction. Normal wear and tear is to be expected. For example, fogged windows, appliance rust, overgrown or dead landscaping, tile or countertop cracks, missing or torn screens, and uneven walkways or driveways are considered normal wear and tear and are not subject to repair unless otherwise required by this Contract. Seller shall not be obligated to make the Property comply with current building codes if the Property was constructed in compliance with the then applicable building codes. The Property shall be habitable, and Seller must repair deficiencies which render the Property uninhabitable as determined by licensed professionals.”

This is certainly a lot different than what you see on TV, right?     In a hot selling market sellers still need to make sure things are in working order.  And even in a hot buying market, buyers can’t expect a home to be perfect.   I like this clear definition in our contracts, but not enough agents take the time to clearly explain it to their clients.

Also of note, is that Sellers can not expect an “as is” clause to relieve them of the responsibility to disclose any material fact affecting the habitability of the home.  They still MUST be honest and truthful when filling out the mandatory Property Disclosure.  This even applies to every FSBO (for sale by owner) sale.   It also does not remove the buyers right to inspect the property.

Furthermore, we as agents need to explain how lending affects the sale of the property.   Especially in the case of FHA/VA loans, the government wants to ensure that property is habitable and in good working order.  They won’t grant the loan otherwise.  For example, if the roof is more than 20 years old (sometimes as little as 15 years!) they won’t grant a loan unless it is replaced.  This can be done in two ways, with the seller doing it during the inspection repair period, or WITH APPROVAL, an escrow for the roof (or repairs) to be done by after closing.   The funds are often requested from the sellers proceeds.

In fact these days, I’m often seeing this same request from conventional lenders as well.   A bank doesn’t want to grant a loan on a property that could potentially be damaged by negligent maintenance.   Understandable right?

Well a lot of sellers still think that they can mark their home in the MLS for sale that they will accept financing (FHA,VA, & Conventional) but then sell it “as is.”   Yeah, no.    Especially, if your definition of “as is” is to do nothing.

And agents, if you are marking your homes in the MLS that you are accepting financing and you know that your seller won’t fulfill such requirements, you are MISREPRESENTING!   Such listings should be marked Cash Only.  Sellers should be warned that this practice can severely limit their pool of buyers and can actually cost them more money as the home lingers on the market, than simply repairing items to make the home “habitable’ and in “good working order.” It also will definitely affect the amount buyers will be willing to offer, as well as appraisals.

Agents, you may also want to consult with an attorney about using an entirely different contract than the standard one in our Hilton Head area market if your seller insists on a bare bones “as is” sale, because the transaction won’t match the language in ours.

If any of you, even my fellow agents, have any  questions about this, I’m happy to help.  I’m not posting this as sour grapes, I am truly posting to help everyone get the deal done.  I love my job and I love helping people sell and buy homes, but we all have to understand the process to accomplish that.

Best Wishes !

Cozy oceanfront homes with fireplaces on Hilton Head Island

Feeling frigid today?   Would a Hilton Head Island ocean front home with fireplace warm you up? There are 35 to choose from today.  Call me if you’d like this kind of cozy living. Lori Bee, eXp Realty, 843-505-3132

Click for Cozy Fireplace Homes on the Beach! Or create your own search.