Ashton Pointe Apartment Homes

100 Ashton Pointe Boulevard, Beaufort, SC 29906
Call: (877) 873-4774 Email UsAshtonPointe001@myLTSMail.com View Map

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

$963-$1233

Apartment Homes Beaufort SC Blog

Beaufort, SC has the Best Weather For Retirement

Joseph Coupal - Wednesday, June 29, 2016

Not too hot or cold.

It is possible to avoid both extreme cold and excessive heat in a single retirement location. In these places, the average high temperature in July is less than 90 degrees and the average low in January is above freezing (32 degrees), according to National Climatic Data Center figures.

South Carolina

South Carolina has a semi-tropical climate and hot summers; July’s average high is 89 degrees. Winters cool down significantly to an average low of 42 degrees. Ashton Pointe offers comfort, beauty and inspired living that can't be found anywhere else in the Beaufort area. With an amazing historic city center, beautiful outdoor spaces and wonderful beaches, Beaufort is a great place to live in retirement.

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

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money.usnews.com


Should you Buy or Should you Rent in Beaufort, SC

Joseph Coupal - Tuesday, June 21, 2016

There are hidden costs associated with buying and renting.

The decision about whether it’s better to rent or buy comes down to flexibility, financial and personal.

“It’s one of the biggest financial decisions we make,” said David Weliver, founding editor of the Money Under 30 blog. “I think it really comes down to . . . whether you want the flexibility to move around every few years and to not worry about maintenance and appliances breaking down. If you’re looking to put down roots, looking for a place to stay for more than five years, that’s when buying presents a good option.”

And if you’re single renting may be the best option.

“It’s much harder for a single buyer to qualify for a mortgage,” he pointed out. Unless someone is a high earner, it often takes two salaries.

As for the idea that renting isn’t economical, Weliver said that’s not true.

“We’re conditioned to think that renting is a waste of money, but if you look at it, people spend less overall renting”.

There are costs associated with owning a home potential buyers may not realize, said Ric Edelman, chairman and CEO of Edelman Financial Services. He suggests buying if you plan to stay in the home at least seven years.

“Homeowners spend money that renters never do — maintenance, repairs, decorating — and you need a significant amount of time for the property to grow in value in order for those extra costs to be recovered.”

Homeownership does have its advantages. Real estate values usually increase, there’s pride in ownership, and don’t forget mortgage interest tax deductions.

Renting can help you create greater wealth because it frees up extra cash for investments. “If you doubt this, look at everyone living in Boston and New York [City],” he said. “There are millions of people who live their lives never owning a home. It’s very common in urban areas. These people are not crazy.”

But don’t miss the hidden costs and hurdles associated with renting.

Renters tend to move more often than owners, and there’s often a significant expense associated with moving.

Edelman’s number one tip has nothing to do with finances and economics: Decide what you need in a living space.

“Recognize that your home is not an investment; your home is a place to live,” he said. “You should not be making the decision based on strictly economic factors. You should be basing the decision predominantly on lifestyle — what meets your needs. And once you decide what meets your needs best, the answer becomes clear very easily.”

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

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Boston Globe


States with Smallest Tax Burden – Beaufort, SC

Joseph Coupal - Tuesday, June 14, 2016

Most of us have our tax refund check, unless you owed… and  hopefully the refund is in the bank account–or if not, then at least maybe you have a strategy for a better year. Since part of that strategy could be moving to a more tax-friendly state, Forbes set out to find out which states offer the most favorable tax situations.

Using data from the Tax Foundation, Forbes ranked the total tax burden in each state. The ranking includes income, property, and sales tax, as well as special taxes like real estate transfer taxes, personal property taxes on some vehicles, and special tax district fees.

No. 9: South Carolina

State and local tax burden: 8.30%
Effective state tax rate ($50,000 taxable income): 6.02%
Highest tax bracket: $14,400
Rate at highest tax bracket: 7.00%
Per Capita Income: $33,603

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

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Forbes


Generation Rent Likes Renting - Apartments in Beaufort, SC

Joseph Coupal - Wednesday, June 08, 2016

They’re calling it Generation Rent. U.S. home ownership rates have been falling, particularly among younger Americans. Home ownership reached a 20-year low of 63.7 percent. Home ownership is falling fastest among Generation Xers in the 35-54 age bracket. Millennials exhibit the same trend, and will make up 31 percent of rental growth over the next decade. Some foresee a future where rental is more common than home ownership. Whether this emerges, renting is a reality for many young parents today, and families are adapting to adjust to the rental lifestyle.

How Renters Are Adapting

While those who aspire to traditional home ownership might see this trend toward renting in negative terms, younger Americans are bound to make the most of it, and many are even starting to see the benefits of renting, as NPR reports. For one thing, those who’ve seen their family and friends struggling to sell homes with diminished value count their blessings that they’re not stuck in this frustrating situation.

Others recognize the benefits of not taking on long-term mortgage debt or tying themselves down to one location. In an economy where jobs are increasingly mobile, many young professionals see the ability to move without having to sell a home as a career advantage.

Some like the safety of having many apartments or home together, or having security guards or security cameras onsite.

Not having to pay maintenance or repair bills or property taxes adds more incentive to rent rather than owning property. Renters also often have the advantage of access to amenities such as swimming pools or fitness centers that many homeowners can’t afford.

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

Excerpts - eurweb.com


Apartment Hunting Tips from the BBB - Beaufort, SC

Joseph Coupal - Wednesday, June 01, 2016

Many young adults and families move each year in search of opportunity and a place to live. For those currently undergoing the task, searching for an apartment can be a daunting process.

The BBB would like to offer these consumer tips in an effort to help you make more informed decisions while involved in the process of leasing a new place to live.

There are many things to consider when you are apartment hunting in Beaufort, SC. Before you begin your search, here are a couple of things to consider.

  1. Rent – Determine how much can you afford and still live comfortably taking all of your expenses into consideration. One rule of thumb suggests dividing your income by four. Your rent should not exceed more than 25% of your monthly income.
  2. Space – How many people will be living in the unit? 100-400 square feet per person is considered practical.
  3. Location – How important is it for you to be near your place of work, school, shopping, medical facilities etc.?

Before signing any lease you should always make sure to read the terms and conditions carefully and understand your rights and responsibilities as a tenant.

Make sure the following information is included in your lease:

Maintenance – Find out how all repair concerns are handled such as how to submit a repair request. Ask how quickly tenants can expect maintenance personnel to respond to a request once it has been turned in.

Deposits – You should know what your security deposit covers and the conditions which might cause a tenant to experience deductions.

Increases –   Ask if your rent or other fees will be increased during your lease term.

Subletting – Find out whether or not you are allowed to sublet your unit to another party in case of an emergency.

Rent –  Get a schedule of when monthly payments are due and where rent can be paid.

Upon move-in, do not forget to document the condition of your apartment. Make sure that your list includes each and every flaw or defect in your apartment so that you are not held responsible for damages later. It’s advisable to also take photos or a video of your unit prior to move-in so that you have documentation available in case a dispute arises when you get ready to move-out.

More to Consider:

Check out reviews of the apartment complex. Go to bbb.org to see the BBB Business Review of the apartments you are considering. This will show its BBB rating, any history of complaints, as well as the complaint details and any contact information.

Visit the complex personally. Tour the facility and the visit the specific unit you’ll be renting.

Make sure that the community is safe and that the living space will meet your needs.

Does it appear the way it was described? Websites often use pictures taken only from the best vantage points on the property or may be of a promotional unit.

Keep a signed copy of the lease. Store it in a safe place so it is readily available in the event you ever need to refer back to it.

Consider renters insurance. Many apartment communities require tenants have a minimum amount of renter’s insurance before move in. If it’s not required, it’s still an option tenants should consider. Renter’s insurance would cover your losses in the event of fire, burglary or other damage.

Pay attention to deductibles and coverage limits when choosing a policy.

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

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WHNT


Signs That It Makes Sense to Keep Renting an Apartment in Beaufort, SC

Joseph Coupal - Tuesday, May 24, 2016

Are you ready for a mortgage?

Even if you’ve been paying rent like a champ for years, taking on a mortgage is a whole different beast. Here are some warning signs that you should probably keep renting—at least for a while.

1. You recently switched jobs

If you’ve just started a new job, switched career paths, or been working sporadically for a while now, your employment history might set off some very loud warning bells with any potential lender.

2. You’re still building your savings

Saving for a down payment is tough. Nowadays you may not have to put down 20% of the home purchase price. But you’ll still pay private mortgage insurance. And while you may be eligible for down payment assistance, you’ll need to show you’ve got some savings in the bank—and then some.

If you’re emptying your bank account to make a down payment, you can be sure lenders are going to raise an eyebrow. And who can blame them?

3. Your bills are high

If you’re carrying a boatload of credit card debt, paying off a personal loan, or still trying to work down car payments, you may very well have trouble qualifying for a decent home loan. Lenders look at your debt-to-income ratio when deciding whether to approve your loan and how much you qualify for—and trust us, everything adds up.

Say, for example, each month you have a $400 car payment and $250 student loan payment, and you pay $100 toward credit card debt. If you’re looking at a $1,500 monthly mortgage payment on top of all that, your monthly debt is sitting at $2,250. So if you’re banking $4,500 a month, your debt-to-income ratio is 50%.

4. Your credit isn’t great

The credit scores you see online will be a bit different from what lenders sees (they use their own credit scoring system), but they will give you a good idea of where you’re at. Reality No. 1: You don’t need a perfect 850 to get a mortgage. Reality No. 2: The higher your score, the better off you are.

Still, different loan programs and lenders will take lower credit scores—as low as 580 to qualify for an FHA loan and 640 to qualify for conventional.

The most powerful way consumers can boost their credit score is to improve how they use their credit cards. That means the following:

  • Pay down your credit card debt
  • Pay all your bills on time
  • Keep your oldest accounts open and in good standing
  • Don’t take on new debt

Plan on working that program for several months to see a significant boost.

5. The timing just isn’t right

Wanting a house is one thing—a great thing, in fact! But being ready for a house is another. Even if you’re financially ready, there may be things in your life that need sorting first.

Not only do home buyers have to look for whether or not they can qualify for a loan, they need to look at other areas of their personal and financial life to determine if buying now is the right decision for them. If making mortgage payments is going to take away a lifestyle they enjoy, cause too much stress to stay in a job they hate, or further stress an unstable relationship with a co-signee, perhaps it is better to come up with a homeownership strategy now to find the balance in the future.

Ask yourself if a mortgage is going to change your life for the better. Because, after all, that’s the whole idea. For more information on renting apartments in Beaufort, SC contact Ashton Pointe.

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realtor.com


Retirees: Should They Rent or Own? - Beaufort, SC

Joseph Coupal - Tuesday, May 17, 2016

Rent or own? It’s a question many young adults face as they try to find the right balance between their housing needs and financial situations.

These days, many older homeowners are grappling with it, too.

Home-sales data and anecdotal evidence suggest that more baby boomers are putting for-sale signs on their homes this year, seeking to unlock the equity they have regained since the housing

The median age of home sellers has risen to 54 from 46 since 2009, an indication that empty nesters who were waiting for a housing-market recovery are starting to list their properties.

Of course, planting a for-sale sign in the yard raises the question, “Where to next?” And for baby boomers—especially those with oversize houses and inadequate savings—it is a decision that could have a major impact on how they fare financially in retirement.

Unlocking equity

Although investors have been told for years not to think of their primary homes as investments, having a healthy chunk of home equity can make a big difference when it comes to planning retirement finances.

If retirement savings present the risk of a shortfall, one of the best things you can do is liquidate real-estate assets. That’s more palatable than hearing you need to keep working until you’re 72.

It is important for older consumers to consider their needs not just for the next few decades, but for the final one-third of retirement.

We know that the boomers haven’t saved enough for retirement. What they do have is equity in their homes; but do they know how to spend it? Most of them haven’t thought about the last five to seven years of their retirement, which will be the most expensive.

Asset or albatross?

Renting has advantages for older consumers. On the plus side, renters typically enjoy a wider range of housing options, flexibility (a one-year lease is a short-term commitment) and the fact that building managers handle repairs, landscaping and snow shoveling.

If a rental starts out at 30% to 40% below the prior mortgage payment, it may be worth considering. But seniors not spend more than 15% of their annual retirement income on housing—rented or owned—because as the years progress, medical expenses typically rise. (Other financial planners say seniors should spend no more than 25% on housing, and less if they own a home outright.)

The goal is to find a home that is simpler. They want a home that gives them more freedom—maybe it has no yard, or a smaller footprint.

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

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Wall Street Journal


Beaufort, SC: A Small Town To Love

Joseph Coupal - Wednesday, May 11, 2016

Beaufort, South Carolina boasts terrific saltwater bluffs and sea island culture.
Population: 12,788

Why We'd Move There

The curving, tidal Beaufort River wraps around the 303-year-old downtown and offers up terrific scenery in most directions. And then there’s the leafy historic district itself, filled with 18th-, 19th-, and 20th-century architecture, from tiny cottages and fish shacks to indigo-planters’ mansions with wide piazzas. It’s a Lowcountry town where characters abound. And the river’s pristine waters surrender such high-quality seafood that it seems folks are always gathering for a shrimp or crab boil or an oyster roast.

The Community

This isn’t Savannah or Charleston, but it’s close in flavor and geography—within 90 minutes of each. The smaller size and slower pace draw everyone from artists, retirees, and young families to live-aboard-sailboat types, fishermen, literati, and moviemakers. And Beaufort’s population skews toward the youthful side—the median age is 34.

Don't Miss

Pedal or walk along the new Spanish Moss Trail(spanishmosstrail.com), which opened last year and will one day span some 14 miles. The rail-trail greenway project gives terrific water views and already connects downtown Beaufort with neighboring Port Royal.

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

southernliving.com


Advantages of Living in an Apartment in Beaufort, SC

Joseph Coupal - Tuesday, May 03, 2016

When you’re making the decision whether to rent or buy, it’s important to consider the pros and cons of each. Depending on your situation and your lifestyle, there may be a clear choice. Other times, however, the decision isn’t so cut and dried. Here are some advantages of apartment living you may not have considered.

  1. No repairs. A tenant doesn’t have to worry when the dishwasher breaks or the toilet backs up or the air-conditioning no longer works. Finding someone to make the repairs – and paying for them – is the responsibility of the landlord.
  2. Amenities. Things like a swimming pool, a tennis court, or a fitness room are things that many people would like in their homes, but may not be able to afford. They’re available in many apartment complexes – particularly larger ones.
  3. Location. The location of a home or apartment is crucial. Location is also one of the factors that most directly affects the price of a building. It’s easier for an apartment complex to afford a desirable location than for a single homeowner.
  4. Security. Another of the advantages of living in an apartment is the availability of several layers of security. There are gated apartment complexes as well as complexes with security at the entrance to keep an eye on the people who enter and leave the complex. It’s also common to have alarms on individual apartments. Some of these features could be too costly for homeowners.
  5. Short-term commitment. If you are only looking for a place to live for a short period of time – for whatever reason – an apartment is usually the best choice. You can negotiate a lease that fits the amount of time you plan to live in the apartment complex in advance, or you may be able to get a month-to-month lease if you are only looking for an apartment for a few months.
  6. Cost. Because of many of the other advantages of living in an apartment, the cost for rent is usually quite a bit lower than the monthly mortgage cost for a homeowner.

As you can see, there are many advantages to apartment living. It can also be a great stepping stone to later home ownership. It isn’t unusual for people to choose an apartment in order to save money for the down payment to purchase a home. On the flip side, there are plenty of people who choose to live in an apartment even when they have the resources to live in a house, simply because they like it better.

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

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enlightenme.com


Just Like Millenials, Retirees are Renting Too – Apartments in Beaufort, SC

Joseph Coupal - Wednesday, April 27, 2016

A larger number of retirees are opting to forgo homeownership and instead prefer renting to give themselves additional mobility and disposable income.

Renting has emerged as a viable option, because it allows retirees to have more money to fund other retirement expenses, said Robert Johnson, president of the American College of Financial Services.

“For many retirees, renting is a preferred alternative, and selling a home frees up equity that can be used,” he said.

Renting is cheaper in many cities and areas unless Baby Boomers plan to leave behind the equity in the house for their children.

Research shows that if a retired household doesn't care about passing along the equity to their heirs, then in most places it would actually be more expensive to buy a home than rent one.

During the period of 2005 to 2015, the largest group of renters to increase was Baby Boomers or those 50 and older with a 55% gain. Gen X-ers ages 30 to 49 reported an increase of 34% and a rise of 11% occurred among those under 30.

A greater proportion of Americans are renting with 37% doing so in 2015 compared to 31% in 2005, the highest level since the mid 1960s.

Renting is spreading across income groups since 18% of the increase in renters during this decade earned $100,000 or more, and the number of renters in the top income bracket grew by 61%.

Since 2000, the number of people age 55 who have chosen to rent has risen by 6%.

If you rent, you don’t feel stuck or trapped. They are looking at this to make a change in lifestyle and one that has less maintenance involved.

Renting is more affordable, because consumers do not have to shell out money toward property taxes, insurance, maintenance and HOA fees.

Some retirees also chose not to renovate their home and found the supply of new construction shrinking or exceeded their price range.

Some people rent, because they could not find anything new where they wanted to live and decided they would rent in the meantime.

In many major metro areas, renting remains cheaper than buying a home. While the price of renting has risen 4% each year during the past six years, exceeding inflation, the prices are predicted to “moderate going forward” as more new construction occurs and the increase in supply will bring down price appreciation and the number of people renting.

Longevity plays a large role in this rising trend, since many retirees don’t want to be responsible for the upkeep on a home.

It pays for individuals to try and take the emotion out of the financing decision with respect to a place to live. Many people grew up equating home ownership with ‘the American dream,’ but in retirement, that dream can actually become a burden and renting can be liberating in many ways.

Renting can be a good decision financially for consumers who chose to invest the difference in the stock market in a balanced portfolio because they often “come out ahead,” said Johnson.

The problem is people spend and don't invest the difference. The other problem is that when people retire, they often stay in their home that is too large and do not downsize, sometimes for sentimental reasons.

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

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thestreet.com



Ashton Pointe Apartment Homes

100 Ashton Pointe Boulevard, Beaufort, SC 29906

Call: 877-873-4774
Email UsAshtonPointe001@myLTSMail.com
View Map

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

$963-$1233