Ashton Pointe Apartment Homes

100 Ashton Pointe Boulevard, Beaufort, SC 29906
Call: 844-820-6515 Email UsAshtonPointe.PropertySite.HHHunt@aptleasing.info View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P - 5P

$963-$1233

Apartment Homes Beaufort SC Blog

Happy Holidays from Ashton Pointe Apartments in Beaufort, SC

Joseph Coupal - Tuesday, December 20, 2016
Ashton Pointe apartments in Beaufort, SCIt is once again "end-of-year" blog post reflection time.  If you are reading this blog post, you care enough about us and our business to invest a minute or two reading here.  That means a lot to us.  The primary reason for this blog is to educate and inform our readers; as an ongoing act of giving thanks for the privilege of earning your continued trust and continued professional partnerships. So we're glad you're here.

We reflect today on the blessings that so many of you bring to both our personal and professional lives. Over the course of 2016, we hope that we have made a difference in many personal and professional lives. This is the true essence and a key measure of professional reward and business success.

It is our sincere wish that all of you bask in the joy of reflection and within the warm confines of family and friends throughout this Holiday season and throughout 2017. Cheers!

Happy Holidays!

-from all of us here at Ashton Pointe Apartments in Beaufort, SC.

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How to Decide Whether to Rent or Buy Your Home – Beaufort, SC

Joseph Coupal - Thursday, December 15, 2016
Ashton Pointe, Beaufort, SCHomeownership is commonly considered a sign of success, but in some cases, it can actually work against your financial goals. This is an article written by a financial planner that we thought we would share with you.

While buying and renting can both be good options under the right circumstances, I tend to believe people underestimate the hassle of owning and the benefits of renting because they are hardwired to do so.

Let's face it: most of us have a deep-rooted feeling that homeownership equals success and buying equals progress. Renting, on the other hand, is often seen as a form of failure—or even "settling." If you can't afford to buy, you just rent because you need a place to live, right?

I think this line of thinking is dangerous, and I share this opinion with my clients often.

Before you commit to buying, it's important to note why you're doing it in the first place. If you're considering a home purchase to appear successful, you're setting yourself up for failure. If you're shopping for a home because you feel like it's a natural next step, you're making a mistake.

The Case for Renting

Renting may not feel like progress, but that doesn't mean it's not the right move for you. The fact is, renting comes with a ton of huge benefits, including:

1. Flexibility. 

Maybe you prefer to move around, seeing new neighborhoods and cities. No matter what, it's hard to put a dollar value on that experience and enjoyment. In addition, if you anticipate a career or job change, renting might suit you better, as buying a home can hinder your flexibility to pick up and move.

2. Avoiding homeownership costs.

Homeowners are painfully familiar with unforeseen and often hefty costs such as furnishing, decorating, leaky pipes, landscaping, general maintenance—you name it. As a tenant, you enjoy the perks of your home without the worrisome financial burden.

3. Liquidity.

Generally, you can't turn a house into cash overnight. Many people invest their life savings into a home, putting the bulk of their net worth into an illiquid asset. Risk comes with tying up a large portion of your wealth in such an asset. Renting allows you flexibility and other investment options.

4. Building credit.

As consumers, we need a healthy credit score for pretty much everything we do, from getting a new cell phone plan to buying a car. While renting doesn't boost your credit rating like owning a home might, creating a history of on-time rental payments can, in some cases, help build your credit to qualify for a mortgage down the road. This history begins when (and if) your landlord reports your payment data to credit agencies. Third-party services can help you report this information on your behalf.

For more information on apartments in Beaufort, SC, contact Ashton Pointe Apartments.

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excerpts - Kiplinger


Advantages Of Renting Apartments in Beaufort, SC

Joseph Coupal - Tuesday, December 06, 2016

Ashton Pointe Apartments, Beaufort, SCWhile there are clearly benefits to buying a home, renting has some advantages that you should consider before you make a final decision to become a homeowner as a single parent.

Investment risk

While real estate is generally considered a good investment, there's no guaranteed profit. The value of your home depends on forces that you can’t control, like the job market, the supply of houses and zoning changes.

You can improve the worth of your home by taking care of it, and can increase your equity by paying down the mortgage balance, but if your home drops in value, you could lose money when you need to sell.

Maintenance

Renters benefit from the fact that the landlord is responsible for maintenance and repairs – both the cost and the hassle of hiring someone to take care of the property.

Buyers sometimes forget to budget for the inevitable cost of home repairs.

Flexibility to relocate

One of the biggest reasons to continue renting is the possibility that you may want to change jobs or transfer to a new location.

Or you may want to escape some awful new neighbors or decide you hate your commute.

Renters can more easily end a lease, while buyers need to sell their home or rent it out and become landlords themselves.

Fewer financial obligations

Of course, renters must pay rent, renter’s insurance and sometimes utility bills.

However, homeowners pay mortgage principal and interest, property taxes, homeowner’s insurance and utilities. There may also be homeowner’s association (HOA) fees and mortgage insurance.

In addition, single parent homeowners should budget about one percent of the property value each year for maintenance and repairs, or purchase a home warranty.

For more information on apartments in Beaufort, SC contact Ashton Pointe.

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Excerpts - themortgagereports.com


Downsizing and Renting Apartments in Beaufort, SC

Joseph Coupal - Tuesday, November 29, 2016

Ashton Pointe Apartments in Beaufort, SCPick up a design magazine or take a look at the real estate section of the paper and you’ll find something about downsizing. But the word means different things to different people. Downsizing often means moving into smaller, less expensive spaces, but some people are trading up and starting over.

However, according to the US Census, more than half of homeowners in the 55-to-64 age group are not buying new properties — luxury or otherwise. Some of them are staying where they are, but a growing number are selling their homes and moving into rentals like apartments in Beaufort, SC.

We have found a sharp swing toward moving to rental apartments compared to homeownership among the 55-plus population. During 2000, just over half (52.5 percent) of older recent movers moved to a rental. This proportion rose to 63 percent by 2013-14.

Regardless of whether they are looking to buy or to rent, downsizers are a highly visible group these days.

Whether downsizers sell and buy or sell and rent, there is one tax advantage, a “big one”.

US tax law generally allows an individual seller “to exclude from federal taxes the first $250,000 of gain on the sale of a primary residence ($500,000 for married couples filing jointly) that has been occupied for at least two of the five years preceding the sale”.

This can be a big windfall for people who are selling in anticipation of retirement. Also, the aforementioned rule applies to the house sale, no matter if a cheaper or more expensive home is acquired to replace the sold residence or if no replacement is made, e.g., the homeowner moves to a rental.

Either way, moving is a foreboding task, but you don’t have to go it alone.

Retirees can trade space for the lifestyle. Once you get to a certain point in your life, it becomes apparent what spaces — and stuff — you use and need, and then it’s time to ask yourself, “What do I do with the stuff?’ ”

For more information on 2 bedroom apartments in Beaufort, SC, contact Ashton Pointe.

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Boston Globe


Living in Beaufort, SC this Time of Year

Joseph Coupal - Tuesday, November 22, 2016

If you live in an apartment in Beaufort, SC there are some fun and festive events coming up around Beaufort! Here are just a few:

Ashton Pointe Apartments, Beaufort, SCFestival of Trees & A Night on the Town
December 2 - 4, 6pm-9pm,  Bay Street, Historic Downtown Beaufort

December 3

Christmas Taste of Gullah
December 3, 1PM-5PM — tickets sold at event
901 Craven Street, Historic Downtown Beaufort
Gullah Chefs strut their BEST Stuff with mouthwatering Holiday Soul Foods...Gullah Artist Marketplace & Live Entertainment... Historic Tabernacle Baptist Church.

9th Festival of Trees
December 3, — tickets sold at event
Tabby Place, 913 Port Republic St., Historic Downtown Beaufort

Boat Parade
December 3, 6PM
Henry Chamber's Waterfront Park, Bay Street, Historic Downtown Beaufort

December 4

Beaufort Annual Christmas Parade - Let it Snow
December 4, 3PM
Historic Downtown Beaufort

“Lowcountry is as much a philosophy as it is a place, and Beaufort is a place you visit as much for serendipity as for scenery.” — Charlotte Magazine

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Beaufortsc.org


Reasons to Keep Renting an Apartment in Beaufort, SC

Joseph Coupal - Wednesday, November 16, 2016

While there are pros and cons to renting and buying , the decision is ultimately personal. Here are some signs you should keep renting your apartment in Beaufort, SC.

1. Not Much Savings

Sometimes it’s tempting when you hear of low down payment options for buying a home. But if you don’t have an emergency fund yet, or if purchasing a home would drain all of your savings, you probably aren’t ready. Homeownership comes with expenses so you want to make sure you have money set aside for home repairs on top of the usual living expenses.

2. Uncertain Job Situation

Signing a mortgage means you are agreeing to pay money every month to own that home. If you have a stable job that you love, this can be great. But if you are unsure whether you will have your job for the next few years, you may want to wait. Even if you’ve just gotten a new job and you are very excited, it may be wise to get a feel for the company before you jump into homeownership. You’ll want to know whether the company is hiring or laying people off and what its financial outlook is to determine your own job security.

If you aren’t certain where you will be in a few years, or perhaps even months, you might want to keep renting for now.

3. No Time for Research

Buying a home is a big decision. You’ll want to learn what you can about the local housing market, including the pricing trends, the school district and the property taxes. Another thing to consider is how well you know the home itself. Sure, that roof looks good, but an expert may tell you it needs to be replaced soon. That’s not the kind of surprise you want after you’ve spent a lot on a down payment. Don’t rush into homeownership without doing your research.

4. Fear

If the thought of buying a home makes you so nervous that you are making yourself sick or having trouble sleeping, you need to explore the reasons before you move forward. Perhaps you aren’t sure this is the right time or the right house. Maybe you don’t want to take on a long-term loan like a mortgage or you worry about being tied to one location. Before you take on a mortgage, it might be best to determine what is truly bothering you.

For more information on renting an one bedroom apartment in Beaufort, SC, contact Ashton Pointe.

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Credit.com


More are Considering Renting – Beaufort, SC

Joseph Coupal - Tuesday, November 08, 2016

If you are planning to rent a home, expect some extra competition. A new survey from real estate marketplace Zillow shows more potential homebuyers, perhaps growing frustrated at the lack of available homes, are considering renting instead.

That means consumers who have no alternative but to rent will go head to head with consumers who have the means to buy a home but have decided to keep their options open and rent a place for a while longer.

Zillow has broken down the ins and outs of the typical home search. For those who want to rent a place, it now takes an average of 10 weeks to find a home to rent. It takes two weeks longer if you're looking in a tight rental market.

But for those who plan to buy a home, the average search takes 17 weeks, in part because rising prices have pushed more homes out of range and the overall decline in inventory means there are fewer homes to choose from. Most consumers who recently moved into a new home, regardless of if they rent or own, considered both buying and renting before settling on one or the other.

Continuing to rent an easy option

Just how tough is it to buy a home these days? The Zillow survey found more than half – 54% – of buyers lost the first home on which they made an offer. For many of these buyers who were renting at the time, continuing to rent became an easy option.

"The line between renting and buying is blurry, and that's a sign of the times," said Zillow Chief Marketing Officer. "It's difficult and time-consuming to find a home to move to, especially in competitive housing markets.”

Keeping rental options open can be a savvy strategy in today's housing market. Renting while still looking to buy allows him or her to avoid settling for a less-than-desirable home.

Still hard to buy, but for a different reason

After the financial crisis more people rented because they simply couldn't qualify for a mortgage under the new, suddenly tighter lending standards. Now that more people can afford to buy, there are fewer homes to purchase.

Zillow notes that renters now make up a larger group of the U.S. population than at any time in the last half century.

For more information on apartments in Beaufort, SC contact Ashton Pointe.

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Consumer Affairs


Hidden Costs That Come with Buying a Home - Beaufort, SC

Joseph Coupal - Tuesday, November 01, 2016

Buying a home isn't just a 20% down payment and a monthly check for the mortgage.

There are a mountain of hidden costs — from closing fees to taxes — that can add up to more than $9,000 each year, real estate marketplace Zillow estimates — and that number will only jump if you live in a major US city.

Business Insider spoke to Zillow's chief economist about the three big unavoidable costs — homeowners' insurance, property taxes, and utilities — and other common costs that are often overlooked.

If you're considering buying a home, be mindful that it is not just about the cost of the home:

For more information on apartments in Beaufort, SC, contact Ashton Pointe.

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businessinsider.com


Millennials, Should You Rent or Buy? – Beaufort, SC

Joseph Coupal - Tuesday, October 25, 2016
If you’re a millennial then you’ve given some thought about whether you want to rent or buy the next place you live in. With so much to consider it’s hard to break it all down. After all, questions like, when is a good time for me? Or, can I even afford a home? are difficult to answer. Here are some of the factors you should consider. Take a look at the most important factors when considering an old but always relevant question, “should I rent or should I buy?”

Expenses

Rent – When it comes to expenses, or the cost of living outside of your monthly payment, renting comes up as a winner. If your dishwasher breaks your landlord picks up the tab. Likewise for any other appliance, plumbing, or structural issue. That means you don’t have to keep emergency funds for the unexpected when it comes to your living situation. It’s also time consuming and it costs a lot of money to organize labor, shop for the best deal, and hire professionals to perform maintenance.

Buy – Expenses come up constantly when dealing with a home purchase, from start to finish. Let’s revisit the scenario when your dishwasher breaks. You’ll have to pay a pretty penny to replace it. That’s why experts say it is imperative to keep emergency funds on the ready. There will always be an expense that comes up monthly, yearly, or once a decade.

Savings

Let’s talk a little bit more about savings when it comes to renting versus buying a home. There are savings either way but there are very different reasons. When buying it gets complicated and we’ll show you that there is a lot to consider.

Rent – We already discussed savings in the form of your landlord picks up the tab when something requires attention. The fact is that renting is usually cheaper for the first few years. To add to that, if your rent is less than a potential mortgage payment then you can use that extra cash for savings, investments, or retirement.

Buy – A word that is very important to home owners: “equity.” Every payment that you make, whether it’s your down payment or your monthly mortgage payment, you’re increasing your equity in your home. When making your monthly payment some of it is going toward the principle balance of your mortgage. This means you’re gaining equity every month you live in your home.

Timing

When looking back on life with the luxury of hindsight we realize that timing plays a crucial role in our decision making. Since hindsight doesn’t play a role in the decisions we make in the present, let’s look at what considerations do play a role if you’re asking, is this the right time to buy?

Rent – For the person who is unsure where they’ll live in the next few years, renting is probably your best option. Renting affords you the advantage of being able to uproot and move to an area closer to your job. It’s easier to move to a different part of the country, or maybe a fun location like near the beach or downtown in a major city. Rent payments and housing prices are high in these areas. You might not want to stick around too long.

Buy – The cost of purchasing a home and moving is an important factor to consider when thinking about how long you plan on living in your home. It’s expensive to sell a home. Real Estate agents make a lot of money off the sale of your home. That’s money that you’re paying. Not to mention that if you buy again you’ll have to pay the closing costs for that transaction. The flip side is that you will probably make a profit off of selling your home. The point is the more buying and selling you do, whether you’re savvy or not, the more fees you’ll pay.

Rent vs Buy

With all of these variables in mind, it’s time to create some examples that will show you when it’s worth it to rent versus buy. We’ll use the tools we provided such as the rent versus buy tool above, and then plug in the median home prices weighed against average rent costs of three major cities. These figures are provided by trulia.com or Zillow.com, and rentjungle.com respectively. Plug in your own rent amount and the value of the home you have your eye on. You’ll find out for yourself if you can afford it and how long it will take for you to save money.

You probably get the sense that asking if renting or buying is better, the answer is hard to come by. And that’s actually a good place to start. This is a decision that requires a lot of care. Weighing all the pros and cons is important, consider the right factors.

For more information on apartments in Beaufort, SC, contact Ashton Pointe.

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creditcards.org


Rent or Buy: Which is More Affordable? Beaufort, SC

Joseph Coupal - Wednesday, October 19, 2016

There is a myth out there that when you rent you are paying someone else’s mortgage, so why don’t you pay your own? This is a farce. It doesn’t matter whose mortgage you are paying, what matters is your costs to live in that home. No matter where you live, the cost to live in your home is an expense. If you rent, you pay rent to a landlord. If you own, you pay a mortgage, taxes, insurance, maintenance, etc. There are costs for both options. Unless you live in a tent you will be paying for a home either way.

The reason many people think that owning is better than renting is that they equate owning a home as an investment rather than an expense. Once they make the realization that it is also an expense, the picture should become much clearer.

If you buy a home, it is an expense. If you buy a home and rent it out to a third party, it becomes an investment. A better way to put it is that when you are renting, you rent from a landlord. When you buy a home to live in, you are renting from yourself. Since you do not get any monetary gain from paying yourself, it is 100% expense.

Renting vs. Buying: Which is Cheaper

On average when you buy a home, you are not making money on it. Given the fact that you usually have to put down 20% you are actually losing out in opportunity costs with those funds. But the question remains – which is actually cheaper?

Are you looking at renting versus buying a home in an upper-class neighborhood? Everyone has to live somewhere, but most people live in a location that is affordable according to their monthly cash flow.  Often that can mean renting. Renters can often live in neighborhoods they could not otherwise afford or will get apartment amenities that they could not have in an affordable home.

For more information on renting an apartment in Beaufort, SC contact Ashton Pointe.

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Excerpts - nasdaq.com



Ashton Pointe Apartment Homes

100 Ashton Pointe Boulevard, Beaufort, SC 29906

Call: 844-820-6515
Email UsAshtonPointe.PropertySite.HHHunt@aptleasing.info
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: CLOSED

$963-$1233