Charleston SC Area Homes - very motivated sellers
Must Sell
| Click pictures to view more information | Price | Bed | Baths | Sq.Ft. | City | 
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$300,000 | 5 | 3 | 4,059 | CHARLESTON | MARY ANN MEYERS CHARLESTON REALTY INC |  |
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Most recent CHARLESTON luxury real estate listings update performed on Saturday, February 4, 2012(ATT server)
CHS20070428Short Sale
| Click pictures to view more information | Price | Bed | Baths | Sq.Ft. | City |
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$1,150,000 | 4 | 4 | 5,000 | MOUNT PLEASANT | OLD DOMINION, REALTORS | |
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$1,095,000 | 4 | 3 | 3,636 | CHARLESTON | CARRIAGE PROPERTIES LLC | |
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$525,000 | 3 | 3 | 2,346 | CHARLESTON | AGENTOWNED PREFERRED GROUP | |
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$199,000 | 3 | 2 | 2,873 | WALTERBORO | BLOCKER & WHITE CHOICE PROPERTIES | |
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Most recent WALTERBORO luxury real estate listings update performed on Saturday, February 4, 2012(ATT server)
CHS20070428| Click pictures to view more information | Price | Bed | Baths | Sq.Ft. | City |
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Most recent luxury real estate listings update performed on Saturday, February 4, 2012(ATT server)
CHS20070428| The Charleston SC market currently has large real estate inventories which have created a market where some properties are remaining on the market much longer than anticipated. Otherwise the Charleston area real estate market is currently stable with regard to the number of properties selling. The market is only distressed due to the amount of current inventory. The sale vs list price differential is still in line with the norm. The current thinking is that sub-prime lending practices and too easy to qualify guidelines with teaser interest only rates have created conditions where many people here and throughout the nation decided to sell at the same time. This is so in part because their loans are now exceeding what their budgets are able to support. This influx of property has created a supply and demand imbalance which has been devastating to those who need to sell quickly. |
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Information about terms relating to the current market conditions. Following are links to web pages dealing with the current market conditions.
The new exit strategy - the Short Sale is a term we're hearing a lot about lately since banks are sometimes inclined to cut their losses. The banks are not in the business of owning real estate. They would prefer that it sell before it becomes a bank owned property. Also known as a pre-foreclosure sale - there are already signs of the short sale in the charleston real estate market.
Contact Eve Olasov, Broker in Charge - Luxury Land and Homes, Inc. for more information about how to take advantage of the opportunities present for investors in the market right now. If you're a seller who is frustrated with the market today then contact us for a confidential assessment of how best to market your property and get it sold. We will share with you tips on what to do and most importantly what not to do. You can avoid foreclosure if your lender is willing to accept less than you owe in a "short sale". The short sale prevents foreclosure action and may save your credit.
Search for Charleston Real Estate by Luxury Land and Homes, Inc.
sales@charlestonhomelistings.com 1-866-957-9100