Philip A. Schembra | Since 1976 | Hilton Head Island | Palmetto Dunes, Shelter Cove | Leamington

Sifting through Hilton Head Island real estate listings: how to spot your dream property

So you’ve made the decision to buy a property in Hilton Head Island. You couldn’t have chosen a better place to find the home of your dreams. The challenge that lies before you now is to search for the property that’s perfect for you.

As one of the most popular and acclaimed resident resort communities in the United States, Hilton Head Island offers myriad options for homebuyers. Hilton Head Island offers many choices, single-family homes, homesites and condominiums inside or outside of a private gated communities.

How do you find your dream property in this dynamic setting? Here are some pointers:

1. Set a budget.

Shopping for a home must begin with knowing how much you’re willing and able to spend. This will help narrow down your search considerably. If you’re planning to finance the purchase with a mortgage, get pre-approval to find out how much financing you will likely obtain.

In reviewing your financing options, keep in mind that your eventual use of the property – whether as a primary or secondary home – may affect your mortgage interest rates and eligibility for a mortgage interest discount. Additionally, if you plan to use the property as a rental, you need to declare it as an investment property, which is subject to tax laws that are different from those covering primary homes.

2. Determine the property type that you want.

Are you looking for a single-family home? Or will a cozier villa or condo be right for you? If you want a home away from home, and can’t attend to it most days of the year, then a professionally managed multi-unit property might be the better choice. On the other hand, if you’re planning to move into town with your family, then a more spacious single-family home might be more suitable or finding a homesite to build your dream home on.

You may also want to consider the amount of space you need for storage, and ask yourself if you prefer to have a yard where the children can play, as well as community amenities like swimming pools, fitness centers, lounges and others.

Single-family homes offer perks and conveniences that multi-unit properties don’t, and vice versa. The right choice all boils down to your personal preference.

3. Get familiar with the neighborhoods in the island and the attractions and amenities found in and around each one.

If you’ve been coming to the island for vacations, then you probably have an idea on the kind of amenities it offers. But did you know there are a total of 24 golf courses, 350 tennis courts and more than 250 restaurants found across the island? Interested in a private gated community like Palmetto Dunes or Leamington? Or, perhaps, you’d want to live in a community that offers exclusive beach access.

If you’re moving in permanently with your family, you may also want to look into neighborhoods that are closer to schools and to your office, as well as groceries and shopping centers where you can get your everyday needs.

4. Get in touch with Schembra Real Estate Group.

Phil Schembra, Broker-In-Charge at Schembra Real Estate Group has been an owner and specialist in Palmetto Dunes, Shelter Cove and Leamington since 1976.  He is the only realtor specializing in these communities.  Looking at other areas?  His agents in his office can assist you. Sifting through all the wonderful options in Hilton Head can take up much of your time and effort, without any guarantee that you’ll land the property of your dreams. Put Phil’s knowledge, longevity and experience to work for you, and let him help you achieve your real estate goals and objectives., making your home or condominium search as relaxed, enjoyable and targeted as possible.