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Beds: 3 Baths: 2 FullDetails

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Beds: 6 Baths: 4 FullDetails

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Foreclosures and Shortsales - Page 5

Foreclosures and Short Sales in the Charleston Area

SC Property Pros are fully equipped and ready to help you with finding a foreclosure or short sale in the greater Charleston Area.  Call us and ask about receiving Your FREE list of Short Sales and Foreclosures in the Lowcountry!!  843-296-5006

How Do Foreclosures Work?

In today's real estate market, home buyers who are hunting a good deal in real estate almost always think about pursuing foreclosures first. These buyers have a mental picture of a quaint little house, with the quintessential "white picket fence" that is currently owned by a widow or widower who recently fell on hard times. Unfortunately that scenario is in general quite far from reality. When you purchase a foreclosed home, you're cashing in on a property which someone was no longer able to pay for. Foreclosures are anything but easy- they are difficult both to locate and to execute the transactions in a timely manner. Nevertheless, the potential to turn a foreclosure over for a hefty profit may still be there-you just have to either know what you are doing or work with someone who does.   Let's look a little deeper at a Foreclosure-the reality version:

Why Do Sellers Go Into Foreclosure?

Sellers go into foreclosure when they stop making payments for any number of reasons. News Flash-Very few actually choose to go into foreclosure voluntarily. With that said, it's often an unpredictable result from one or more of the following snowballing affects:

• Arguments which can't be resolved with co-owner, ie. divorce
• Some member of household's job is transferred to another state
• Owner of Property gets Laid-off, fired or just quits their job
• Accident causing inability to work or medical conditions
• Mountains of debt and further mounting bill obligations

Some Helpful Foreclosure Tips to Chew On

As I said before, foreclosures are never easy. Here are a few things to keep in mind:

There will inevitably be more paperwork involved than any other type of conventional real estate deal, especially if the government is involved.

If the seller will allow you to have the property inspected, do so as soon as time permits. Some sellers may actually include this as a part of the sales agreement, but in the end, the buyer still pays for it.

Always check to see if there are any existing liens on the property because if there are-Guess What?-you are buying those too.  At times, there will be liens due to unpaid property taxes.  Make sure you get in writing who will be liable for those debts.

Is the foreclosure in a desirable or less than desirable neighborhood? Have us run you some comparables in the area and check whether or not the property purchase is in fact a good deal.

What kind of shape is the property in? Keep in mind that some foreclosures,unlike so called "fixer-uppers"can be found in fairly descent shape. Others however may be behind in maintenance. Remember just because a person finds themselves unable to pay a mortgage, doesn't always mean that they are neglectful.

$299,000 - 4009 Alpheretta Ct Charleston, Sc 29414 @ Village Green

MLS#

1222167

Class:

Residential

Status:

Active

Beds:

4

Baths:

3 Full / 1 Half

WELCOME HOME!! You've been looking for the perfect Charleston Home and THIS IS IT!! This exquisite one story, 4 bedroom, 3-1/2 bathroom home is nestled in the Sweetbay subsection of Village Green. This home includes everything you may desire from a 2-car garage, two master suites with spacious walk-in closets, sprawling eat-in kitchen with go...

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$280,000 - 1300 Dogpatch Ln Johns Island, Sc 29455 @ Hickory Hill

MLS#

1309352

Class:

Residential

Status:

Active

Beds:

6

Baths:

3 Full / N/A

Make an offer! REO PROPERTY - BANK OWNED. PROPERTY SOLD "AS IS" WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE. The Listing Broker and Seller assume no responsibility and make no guarantees, warranties or representations as to the availability or accuracy of the property information, photographs, or other information depicted or described herein.

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$275,000 - 1459 Old Dairy Rd Summerville, Sc 29483 @ Arcady Woods

MLS#

1222861

Class:

Residential

Status:

Active

Beds:

4

Baths:

3 Full / 1 Half

Large plantation-like home sitting on an acre, and just minutes from downtown Summerville, great shopping, grocery stores, restaurants. Huge front yard, circular driveway, fenced backyard with separate fenced area ideal for pets separated from the rest. Easily accessible to Jedburg Road, I-26, and Hwy 78. The first thing you notice as you approa...

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$270,000 - 119 Berwick Dr Summerville, Sc 29483 @ Wentworth Hall

MLS#

1315116

Class:

Residential

Status:

Active

Beds:

4

Baths:

3 Full / 1 Half

Short Sale! Great opportunity to own a 4 bedroom home in Wentworth Hall. Charleston style home with great oversized rooms! Beautiful welcoming foyer. Open kitchen with plenty of cabinets and storage. Large dining room with wood floors. Family room complete with a wood-burning fireplace. Upstairs you will find four bedrooms including a huge ma...

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$249,900 - 114 Cedar Mill Dr Goose Creek, Sc 29445 @ Brickhope Plantation

MLS#

1312777

Class:

Residential

Status:

Active

Beds:

4

Baths:

3 Full / N/A

YOU WILL LOVE THIS LARGE, LOVELY HOME, CLOSE TO SHOPPING, RESTAURANTS AND ENTERTAINMENT!! WALK INTO THE FRONT DOOR INTO THE FOYER. TO THE RIGHT IS A FORMAL DINING ROOM AND TO THE LEFT A FORMAL LIVING ROOM. STRAIGHT AHEAD IS A HUGE FAMILY ROOM WITH A FANTASTIC KITCHEN BOASTS OF A BREAKFAST BAR, FAMILY DINING AREA, GRANITE COUNTER TOPS, STAINLE...

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$240,000 - 1701 Cranbrook Dr Charleston, Sc 29414 @ Forest Lakes Extension

MLS#

1315290

Class:

Residential

Status:

Active

Beds:

3

Baths:

2 Full / N/A

This is a great one and a half story home with dual masters!! There is a huge master bedroom downstairs with a door into the full bathroom and a large walk in closet. There is also another bedroom downstairs, currently used as an office. The entire upstairs is the master suite. Complete with a huge walk in closet, a custom tiled shower with d...

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$239,000 - 268 Nelliefield Creek Dr Wando, Sc 29492 @ Nelliefield Plantation

MLS#

1313598

Class:

Residential

Status:

Active

Beds:

4

Baths:

2 Full / 1 Half

A great 4 bedroom 2.5 bath open floor plan with a separate office/den/dining room as you walk in the front door. All bedrooms are upstairs. The backyard is fenced. Hard surface floors throughout the downstairs, carpet and tile upstairs. A great alternative to higher priced homes in surrounding areas. This is a short sale,the seller will do no...

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$239,000 - 17 Hobonny Ln Charleston, Sc 29407 @ Ashley Hall Plantation

MLS#

1224882

Class:

Residential

Status:

Active

Beds:

4

Baths:

2 Full / 1 Half

This is a rare occasion to own a beautiful home in the lovely neighborhood of Ashley Hall Plantation. This gorgeous home is situated on a Cul-De-Sac. Property is landscaped with lovely trees. You are greeted by a beautiful stone floor foyer upon entrance. Beautiful hardwood floors are in the living, family and formal dining room. Eat in kitch...

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$239,000 - 307 Howle Ave Charleston, Sc 29412 @ Pecan Grove

MLS#

1021076

Class:

Residential

Status:

Active

Beds:

4

Baths:

2 Full / 1 Half

Conveniently located Lowcountry style home, close in on James Island, convenient to Johns Island/Folly Beach/Downtown/West Ashley, 4 bedrooms and 2 1/2 baths, 2 story, 2,680 square feet built in 2007, Short Sale Approved

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$235,000 - 100 Live Oak Ave Charleston, Sc 29407 @ Ashley Forest

MLS#

1300157

Class:

Residential

Status:

Active

Beds:

3

Baths:

2 Full / N/A

This home has fantastic curb appeal on a large double lot in Ashley Forest! The outdoor living areas will be great for entertaining on the large deck, patio and screened porch. There are hardwood floors downstairs with two bedrooms and a full bath. The kitchen has solid surface counter tops and a large sink overlooking the side yard. Make you...

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