Banks

Update on Charleston Peninsula Homes for Auction – February/March

Update 6/16 203 Fishburne has dropped its price to $79,890 from $112,500 and it is still sitting there. 39 N. Enston came back on the market 4/18 for $96,000 and has now dropped the price to $82,900. 55 Carolina sold yesterday for $266,000 (pretty much what I said it would go for – I love being right. 😉 ) 11...

RealtyTrac – It just ain’t right

RealtyTrac – It just ain’t right

Why RealtyTrac is wrong and what you can do about it in Charleston, SC

Why Waiting for a Price Decrease Could Cost You the Big Bucks $$$

Lorcan Lucey, one of my favorite mortgage brokers in Charleston sends out a monthly rate update newsletter. His most recent one tells a tale about why waiting for a price decrease on a house you love could cost you the big bucks over the long run.

The ugly truth about selling your house in ‘this’ market.

The ugly truth about selling your house in ‘this’ market.

1. Your stuff is great, but it’s ugly. Please don’t be offended.  We’ve all got beautiful things collected over the years and comfortable furniture that we would never get rid of, but buyers do NOT want to see it.  They want clean, uncluttered, and newish.  You have to be able to give them the space to envision their things in...

Update on Bank-Owned Properties in Charleston

It’s been awhile since I last wrote in this series, but in reviewing my August post, I saw that it was in need of some updates!  So here’s what has happened to the ones I talked about then. 3 Sutherland Ave – 7 offers – asking price of $260,000.  My bet is that it will sell for above that. Details: 3...

Update: Charleston Peninsula Auctions & Bank-Owned Homes

Update: Charleston Peninsula Auctions & Bank-Owned Homes

Update 2/25: – 30 Montagu St is under contract.  This one took a bit longer than the others – about 9 weeks, which is still faster than your average sale. SOLD 4/09 for $900,000 As you all know, I follow the homes that go to auction and come back as bank-owned.  I like to make THE BET – to predict...