Georgetown No. 7 in Top Town for Sportsmen

Posted on May 11, 2012 by sfloyd@carolinalandrealty.com

Georgetown was recently named as one of the Top 10 towns for sportsmen. Coming in as number 7 on the list, Georgetown boasts several qualities that make it perfect for sportsmen. The easy access to several rivers that converge in the area, as well as famed fishing on lake Moultrie and Marion, and nearby Francis Marion National Forest all made Georgetown a winning area.

Appleton, Wisconsin was ranked No. 1. The Boone and Crockett Club recently ranked Wisconsin as the No. 1 state in the country for trophy whitetail deer.

Other towns in the top 10 included Salmon, Idaho; Venice, LA; Rapid City, S.D; Saratoga, Wyoming and more!

To discover some of the quality tracts available in Georgetown contact our office today! 843.252.0196 or visit www.CarolinaLandRealty.com.

Posted in carolina real estate, Hunting, hunting land for sale sc, Land, land features hunting land, land for sale south carolina, Listings, Real Estate, Recreation, sc acreage, sc hunting land for sale, sc investment real estate, SC Land For Sale, SC State Park, SC timberland for sale, South Carolina, Timber, timber land for sale sc, Wildlife | Leave a comment

Cherokee, NC Fishing Events 2012

Posted on April 24, 2012 by sfloyd@carolinalandrealty.com

Spring is here, the temperature is warm, and the fish are biting! For more information on any of the events below go to www.fishcherokee.com.

Cherokee’s Summer Kickoff Trout Fishing Tournament
April 27, 28, & 29
$11 entry fee and $10,000 in tagged fish in the rivers on the Cherokee Reservation.

                           
Meet Me in the Smokies Fly Fishing Tournament
May 18, 19, & 20
$225 entry fee with $10,000 in prize money. Held on the 2.2 miles of Trophy, Catch-and-Release water on the Cherokee Reservation.

US Junior National Fly Fishing Championships
June 22, 23, & 24
The top junior (17 years and under) fly fishermen from the United States. Invitation is only to youth anglers who qualify in the regional event.

                            
Cherokee’s Mid-Summer trout Fishing Tournament
July 13, 14, & 15
$11 entry fee and $10,000 in tagged fish in the rivers on the Cherokee Reservation.

                   
Cherokee’s End of Summer Trout Fishing Tournament
September 7, 8, & 9
$11 entry fee and $10,000 in tagged fish in the rivers on the Cherokee Reservation.

                   
Rumble in the Rhododendron Fly Fishing Tournament
November 2, 3, & 4
$225 entry fee with $10,000 in prize money. Held on the 2.2 miles of Trophy, Catch-and-Release water on the Cherokee Reservation.

                            
How Long is Your Trout?
Ongoing Contest
Bring your trout to the Cherokee Welcome Center and have it measured for the weekly contest which will run from Saturday to Sunday. 1st place receives $50, 2nd place receives a T-shirt, 3rd place a cap. You must present a hotel or camping receipt to qualify for contest. The Catch & Release water is excluded.

To start your search for waterfront land, contact our office today! 855.384.LAND

Posted in carolina real estate, fishing in south carolina, ga lake land for sale, ga land for sale, ga waterfront land for sale, lakd russell land for sale, Lake Russell State Parks, Land, land for sale nc, land for sale north carolina, land for sale south carolina, land for sale waterfront, nc acreage, nc fishing, NC waterfront land, North Carolina, North Carolina Fishing, Recreation, sc acreage, SC Fishing, sc lake land for sale, south carolina waterfront land for sale, waterfront land for sale, Waterfront Land NC, Wildlife | Leave a comment

Fishing in South Carolina

Posted on April 6, 2012 by sfloyd@carolinalandrealty.com

With summer quickly approaching it is time for some of the best fishing that the state has to offer! South Carolina boasts saltwater and freshwater fishing for the whole family to enjoy.  

The South Carolina license year runs from July 1st-June 30th every year. You can obtain a license on the internet at www.dnr.sc.gov/purchase, by phone at 1-866-714-3611, or in any SC DNR office (Charleston, Clemson, Columbia, & Florence).  Blue Catfish and Black Bass can be found in Lake Marion and Lake Moultrie in the Low Country.  Striped Bass and other hybrids can be found in the Upstate in Lake Hartwell, Lake Russell, Lake Greenwood, and Lake Secession. Cold Water Trout, a great option when fishing year round, can be found swimming in Lake Jocassee in Upstate, SC. 

Inshore Finfish, Offshore Finfish, Atlantic Tunas, Groupers, Snapper, Sharks, Crab, Lobster, Shellfish, and Shrimp can all be caught on the South Carolina coast. There are season lengths, bag limits, minimum size limits, and restrictions on some of these groups. Please see the DNR page for more information.

Each state has different ways to measure a fish. To measure a fish in SC by Fork Length measure from the tip of the snout to the fork in the tail. To measure the fish by total length measure from the tip of the snout to the tail (excluding filaments). The tail should be pinched.

To begin your search for waterfront land, contact our office at 855.384.LAND or http://www.carolinalandrealty.com/!

Posted in carolina real estate, fishing in south carolina, ga lake land for sale, ga waterfront land for sale, lakd russell land for sale, Lake Russell State Parks, Land, land for sale south carolina, land for sale waterfront, Real Estate, Recreation, sc acreage, SC Fishing, sc lake land for sale, SC Land For Sale, South Carolina, south carolina waterfront land for sale, waterfront land for sale, Wildlife | Tagged | Leave a comment

Turkey Season

Posted on March 16, 2012 by sfloyd@carolinalandrealty.com

Turkey season is now in full swing in many states. Please be aware of this if you are on a wooded property. Try to wear orange to prevent any accidents from happening. We wish you happy, and safe, hunting!

Season Dates:
SC season runs 4/1-5/1
NC season runs 4/14-5/12
GA season runs 3/24-5/15
AL season runs 3/15-4/30

Posted in carolina real estate, ga land for sale, Hunting, hunting land for sale nc, hunting land for sale north carolina, hunting land for sale sc, land features hunting land, land for sale north carolina, land for sale south carolina, Listings, nc acreage, nc hunting land for sale, News, North Carolina, Real Estate, Recreation, sc acreage, sc hunting land for sale, SC Land For Sale, South Carolina, Wildlife | Leave a comment

Is Land a “Safe” Investment

Posted on February 24, 2012 by sfloyd@carolinalandrealty.com

With economic uncertainty and turmoil around the world I began thinking about land as a “safe” investment.  I’m far from a conspiracy theorist but with all the protestors occupying various places it makes you think. Look at Greece; Greece is going under and it is because of a little over $50 billion in debt. Our country owes more than $14 trillion in debts. The Federal Reserve Bank is leveraged at 53 to 1. If you approached me and said that you wanted to finance land with only 2% down I would say “good luck.” So is land “safe?”

When I think of “safe” I envision a good place to invest money that has historically shown to appreciate in value such as land. Land is permanent! Your investment will be in the same place every day. As long as the sun rises the land will be there. 75% of trades in 2010 made on the NYSE were done electronically. This means that computer-generated transactions with no human involvement were made. Our nation’s wealth depends on this imperfect system to work perfectly…money is simply floating around in air. I like an investment that I can see and touch. I know my land/investment will be there.

Not only can land appreciate in value but it can be useful. If things did get bad in our country and you needed to provide your own food, fuel your home, or provide your own water your land can help you. Studio apartment living can’t. Owning property can assist you in sustaining livestock, farming, water, and providing fuel through wood or gas. This could be more valuable than a bond sitting in your safe deposit box.

Land can be a buffer. Mobs can be madness. It doesn’t take much for small crowds to get caught up in a feeling that can turn into a mob. In a worst case scenario land could serve as a buffer between you and the potential madness that economic distress can cause.

Land is definitely a long term investment. It will always be there and appreciate in value, even if only slowly. If the world turns “looney” it might even provide a safe haven to turn too.

To begin your land search call 855.384.LAND or visit www.CarolinaLandRealty.com.

Owner financed tracts available.

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Buying Property with Multiple Offers

Posted on January 27, 2012 by sfloyd@carolinalandrealty.com

Do you know the rules when it comes to putting in offers on a property when there are multiple offers? Recently we had a listing that received several offers from different individuals within the same 24 hour time period. To a few of the potential buyers multiple offers were nothing new; however, several other individuals were unaware of how multiple offers work.  When purchasing you expect that you will be the only one to offer on the property. In most cases this turns out to be true but what happens if you are not the only one placing an offer?

What are multiple offers?  Multiple offers occur when there are two or more offers on a property at the same time. Multiple offers are not first come, first serve. If multiple offers are made at the same time the seller is free to choose based on whatever reasoning is best for them. When you offer on a property you write in a date and time for which the offer is valid until. If the seller accepts your first offer, obviously the property is yours.  However, if the seller counters you are either free to counter yourself or accept. When a seller counters they are tied down to what they offered until the date listed on the contract. If another offer were made to them after they countered they would not be able to accept, even if it’s a better offer, until you decline or counter.  If you decide to decline or counter, the seller is free to negotiate with other parties. You may even start out as the only buyer; however, every time you counter instead of accept there is a chance that someone else could enter an offer and put you in a multiple offer situation. These negotiations can be quite stressful. Choosing a good real estate professional can be helpful; they can help you get the best deal while guiding you through this process with little stress.

What offer gets accepted?   You can negotiate back and forth to receive the best price and terms for both buyer and seller.  However, when multiple offers come in on the same property, money may not be the only contributing factor. When I purchased my first home I was not the only person placing an offer. I had been negotiating for several days with the seller. I offered, they countered, I countered, and they were expected to accept the deal. Minutes before accepting the deal another offer came in. They were not tied down to me and could explore other options. I was told, along with the other buyers, that there were multiple offers and to bring my best deal. I offered at nearly full price and won. It wasn’t until the day of the closing that I learned the true reason I won. I met the sellers at the closing and they told me that I had not offered the most money; I offered the best closing date. They needed to move before the end of the month and my closing date alone allowed for that. Money is not always the contributing factor. Terms and dates can come into play more than you think. Be aware of all the things you are asking for from the seller. Are you asking for closing costs or for the seller to purchase the survey? Think about these things when in a multiple offer situation.

How much information can I know?   Unfortunately for buyers there are laws about this.  The agent is allowed to tell you when there are other offers. This usually spurs buyers to make their best offers outright. A buyer is not allowed to know what the other person is offering or where the offers are coming from.  There are times that you may enter into negotiations as the only buyer. As discussed above, the seller may counter at which time the decision to decline, accept or counter is completely yours.  As you are deciding other offers could be coming in. The seller’s agent does not have to tell you about other offers at this time. They can wait until after you make your decision.  You are allowed to know what your offer is and that is all.

 Multiple offers do not occur in all cases. They can be extremely beneficial to the seller but very stressful to the buyer. The decision to accept, decline, and counter offers can become huge gambles. Unfortunately not everyone is allowed to win.

www.CarolinaLandRealty.com              855.384.LAND

Posted in carolina real estate, Land, land for sale south carolina, Listings, News, North Carolina, Real Estate, sc acreage, sc investment real estate, SC Land For Sale, SC Real Estate Law, South Carolina | Leave a comment

1031 Exchange Rules

Posted on January 9, 2012 by sfloyd@carolinalandrealty.com

The basic five 1031 exchange rules include:

1. The federal and state capital gains taxes are deferred if the replacement property is equal to or greater than the property sold. The common misconception is that only the realized gain needs to be reinvested. Both the net equity and debt retired – if any – from the sale must be reinvested to defer 100 percent of the gain.

2. A Qualified Intermediary (QI) must be engaged to accommodate the exchange. This cannot be your CPA , attorney, realtor or financial advisor or a related party such as your employee or lineal blood relative. One exception is in a pure exchange where the Taxpayer and Buyer want each other’s property. For the nominal QI fee, it still makes sense to engage a QI to make sure the 1031 exchange rules are followed. A second exception is if the attorney has provided services related to title closing, they can also accommodate the 1031 exchange.

3. The taxpayer cannot touch or have access to the exchange proceeds or those funds are subject to taxation. Once the exchange proceeds are touched, the exchange is over.

4. The taxpayer who sells is the taxpayer who buys. If the wife owns an investment property, then the wife is the titleholder to the replacement property. The husband can be quit claimed or added to the replacement property title after the closing.

5. Following the first leg closing, the forty-five calendar day identification period begins, followed by an additional 135 calendar days to acquire the replacement property, for a total of 180 calendar days.

Posted in 1031 exchange, carolina real estate, ga lake land for sale, ga land for sale, hunting land for sale sc, lakd russell land for sale, Land, land for sale south carolina, land for sale waterfront, North Carolina, Real Estate, sc acreage, sc hunting land for sale, sc investment real estate, sc lake land for sale, SC Land For Sale, SC Real Estate Law, SC timberland for sale, south carolina waterfront land for sale, timber land for sale sc, waterfront land for sale | Leave a comment

Fall/Winter: The Best Time to Search For Land

Posted on December 15, 2011 by sfloyd@carolinalandrealty.com

Rainy winter days are not the days that most people think of going to look at property. Most think of looking at property on sunny, warm days. Property interest usually fades from Thanksgiving until after the New Year; however, a little known secret is that this is the best time to look for property.

  1.  Fall and winter provide a great time to see the lay of the land. Leaves have fallen off of trees, allowing you to judge their health, and flurries of snow allow you to see streams, timber and rock formations in high contrast. This is a great time to evaluate access roads and make sure that private roads aren’t impassible. If you like a property at its worst on a rainy, cold day, then you will love it on a sunny warm day with plants and trees in full bloom. 
  2. Buyers can find more deals. Fewer buyers are looking for land in the Fall and Winter months. Sellers tend to reduce prices after the Spring/Summer months and new properties coming on the market tend to reflect the lull in the market. Due to less competition buyers can usually avoid a bidding war when making offers. 
  3. There are fewer annoyances to contend with when walking land in the Fall/Winter. Gnats and mosquitoes have disappeared, snakes are not crawling, and outdoor allergens are at low levels. It is always easier to slip on a few extra layers and warm boots than to try to beat the heat of summer, especially in the South.
  4. Loan terms are usually more favorable towards buyers. During slow seasons lenders are competing for your business and are more willing to negotiate loan terms. Fewer customers also lead to less paperwork. This usually results in quicker and more efficient closings for the buyer.

To begin your land search contact our office at 855.384.LAND or visit us at http://www.carolinalandrealty.com.  Begin your land search with us today!

Posted in carolina real estate, ga land for sale, Hunting, hunting land for sale sc, Land, land features hunting land, land for sale south carolina, land for sale waterfront, Listings, North Carolina, Real Estate, sc acreage, sc hunting land for sale, sc investment real estate, sc lake land for sale, SC Land For Sale, SC timberland for sale, South Carolina, south carolina waterfront land for sale, Timber, timber land for sale sc, waterfront land for sale | Leave a comment

Upstate, SC: Real Estate News

Posted on November 17, 2011 by sfloyd@carolinalandrealty.com

North Greenville University has something to celebrate. On Thursday, November 3rd they announced that a real estate gift had been given to the university by Greenville real estate investor Dr. T Walter Brashier.  The gift, a former Steak and Ale restaurant building in Greenville, had been appraised for $1.6 million.

The gift was given to the university “so NGU would have a presence in downtown Greenville,” said Brashier.  North Greenville could use the 7,000 SF facility to house the school’s adult continuing education program and extension offices for development and admissions.

Brashier, a resident of Travelers Rest, is one of South Carolina’s largest private developers. He has been a supporter of North Greenville University for four decades. Throughout that period he has built facilities, supported scholarships, and gifted one million dollars to NGU for the Walter Brashier Graduate School located in Greer, SC.

Downtown Greenville, SC has seen many recent improvements; a few of which are the new office building with retail spaces available at Washington and Main Street and the new CVS Pharmacy. This gift will undoubtedly help the economy in downtown Greenville by increasing the traffic of NGU students and staff to the area, giving a new life to a building standing vacant.

To start your land search in the Upstate contact us today!

Posted in carolina real estate, Land, land for sale south carolina, Listings, News, Real Estate, sc acreage, sc investment real estate, SC Land For Sale, South Carolina, South Carolina Events | Leave a comment

What Makes Hunting Land Great For Hunting

Posted on November 9, 2011 by sfloyd@carolinalandrealty.com

There are several factors to be considered when purchasing South Carolina Hunting Land. The first thing to consider is price. I know that this sounds obvious. Hunting land with a lower price per acre may not be as “ready” to hunt. When you find a lower priced property think of the work you must put in. Bulldozer work is one possibility; if you can’t ride a four wheeler on the land clearing can cost around $50-$150 per hour for a 40 acre tract. Another thing to think about is boundary clearing. A 40 acre property with no stumps to grub can cost a few thousand for boundary clearing. 

What property features are good for hunting? Look for properties with hunting features such as good border fencing, well established deer and turkey plots, creek/river frontage, gates, deer stands, types of deer stands, timber, and hardwoods.  Gates, fencing, and deer stands are all things that can be added later. Basic land features such as water frontage and types of vegetation are key in searching for hunting land. Water frontage is going to make the property more expensive per acre; however, it is not only going to make the land more beautiful but supply a water source that will attract a variety of wildlife. Hardwoods provide a natural food source for wildlife (i.e. acorns). Timber will provide value in today’s market and eventually, a return on investment. If your property has a small creek you may consider the possibility of creating a pond in the future to increase wildlife traffic.

Carolina Land Realty has a team of brokers that specialize in only timber and hunting land tracts. To begin your search today, contact us at 855.384.LAND.   www.CarolinaLandRealty.com

Posted in carolina real estate, Hunting, hunting land for sale sc, Land, land features hunting land, land for sale south carolina, Listings, Real Estate, Recreation, sc acreage, sc hunting land for sale, SC Land For Sale, SC timberland for sale, Timber, timber land for sale sc, Wildlife | Leave a comment