Posts in category 'Neighborhood Guides'
25
What Is Happening in Tall Pines Right Now?
Tall Pines has always been one of those neighborhoods that is easy to overlook if you are only looking at numbers on a real estate website. It is established, convenient, and different from many of the newer communities being built around Summerville and Goose Creek. Right now, the neighborhood is showing some real estate activity, but the activity is also reminding us that buyers are being selective.
As of August 25, there are six active homes in Tall Pines and three homes currently under contract. The active homes range from the upper $200,000s into the mid-$300,000s. Some homes have reduced their asking prices, while others have attracted buyers in a relatively short period of time. One home that recently went under contract has also returned to the market. That does not automatically mean there was a problem with the house, because contracts fall apart for many different reasons. It simply reminds us...
18
What Tall Pines Plantation Is Telling Homeowners About Today's Market
If you own a home in Tall Pines Plantation and have found yourself wondering why some homes sell quickly while others sit on the market, the current activity gives us a few useful clues. July was especially quiet, with no new ratified contracts or closed sales between July 10 and July 20. Since then, however, we have seen movement. The important lesson is not that every home needs to be inexpensive or completely renovated. Instead, buyers appear to be responding when the price, condition, and overall value of a property make sense together.
One of the clearest examples is the home on Foxtail Pine Road that was listed for $275,000 and went under contract within just a few days. I personally went through that house. It was not completely updated, and I noticed some cracking around a few doorways that a buyer would reasonably want to investigate during due diligence. At the same time, the house had a lot going for i...
13
Does My HOA Know When I Come and Go? Understanding Neighborhood License Plate Cameras
You drive into your neighborhood, pass a small camera near the entrance and probably never give it another thought. But what if you suddenly wonder: Is that camera recording my license plate? Where does that information go? And who can see it?
Those are reasonable questions.
Some HOAs and communities use automated license plate reader (ALPR) cameras as part of their security systems. Flock Safety is one well-known provider, although it is not the only company offering this technology.
What does a license plate camera actually record?
An ALPR camera is different from an ordinary security camera.
According to Flock Safety, its cameras can capture a vehicle's license plate, vehicle characteristics, the time and date, and the location of...
26
What Your Condo HOA Fee May Not Be Telling You
When people shop for a condominium, they usually compare three things: the purchase price, the monthly HOA fee, and the amenities. If one community has a higher monthly fee than another, it's easy to assume it simply costs more to live there. Sometimes that's true. But sometimes there is much more to the story.
One of the things I enjoy most about real estate is asking questions. If something doesn't seem to make sense, I start digging. Recently, while researching a condominium community for one of my listings, I noticed the HOA dues had increased substantially over a relatively short period of time. My first thought was probably the same as many buyers: Why would anyone want to pay that much every month? Instead of guessing, I called the HOA to understand what had change...
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