More Affordable Property at the Beach: Isle of Palms
As promised, here is some info on some great deals to be had on Isle of Palms. Isle of Palms is the island directly to the north of Sullivan’s Island. The two are separated by Breach Inlet, which is an ultra narrow inlet between the two islands. Do not, I repeat, do not, get into [...]
Affordable Property at the Beach: Sullivan’s Island
You’ve probably always thought owning a home at the beach was way out of your range, right? Actually, there are some great opportunities in today’s buyer’s market to own a property at one of the beaches near Charleston.
On Sullivan’s Island, there are several properties under 1 million. There is a one bedroom, one bath condo [...]
A Little Info on Sullivan’s Island, SC
If you aren’t familiar with Sullivan’s Island, and you are considering looking for real estate at the beach in Charleston, then you must consider Sullivan’s.
It is a historic island with beautiful old beach houses and quite a few new ones, too. It has one of the best schools the area has to offer, Sullivan’s Island [...]
Advice for Pricing Your Home in Today’s Market
In yesterday’s blog, I touched on the unwillingness of sellers to come down off of their list prices. I have a few more things to say about pricing a home.
This is an interesting phase in the market in terms of how to price a house. In the seller’s market of 2005, when real estate prices [...]
Mortgage Market Update 6-25-08
As expected, the Federal Reserve did not change interest rates at their two day meeting which just ended. This brings to an end their consecutive streak of rate cuts that dates back to mid-September.
In announcing their decision to leave rates alone, the Fed expressed concern about inflation and inflation expectations, but made no hints of [...]
Advice for Buyers and Sellers in a Changing Market
I’ve been negotiating a few contracts and am noticing an interesting trend. It seems that the number of cases in which a buyer can get a home for a drastic reduction from the list price is diminishing. Over the past month, I have dealt with real estate contracts all over town: Mt. Pleasant, Hollywood/Meggett, Downtown [...]
FYI- South Carolina Real Estate Sales Contracts
Here’s an FYI- The SC sales contract has a blank where you fill in date by which the buyer will have the home inspection completed. It goes on to state that the buyer has 48 hours from that date in which they may submit requested repairs to the seller. It further says that if buyer [...]
Loans for Vacant Land Info
I am working with several clients on vacant land deals right now. Something important to be aware of is that getting a lot loan is not nearly as easy as it once was. Most banks are requiring 20-25% down.
One of my sets of clients is a young couple who eventually want to live [...]
Terrabrook on James Island, SC
I have a client who is looking at what I believe to be a good value on James Island. It is a new neighborhood off of Riverland Drive, called Terrabrook. Brentwood Homes is the builder. If you are interested, be sure to get a buyer’s agent (me!), because if you go to the Sales Center, [...]
Foreclosure and Short Sale Real Estate
I had a call from a client yesterday who wants to invest in some property. He asked about foreclosures, short sales, homes that need work, and general good deals. The homes that are on the foreclosure list are often not listed, and therefore are not on our MLS. I suppose one could go to the [...]
keep looking »
