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Adams Run $44,900
Beds: 3 Baths: 2 FullDetails

North Charleston $229,900
Beds: 3 Baths: 2 FullDetails

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Charleston $3,950,000
Beds: 4 Baths: 3 FullDetails

Charleston $13,000,000
Beds: 5 Baths: 5 FullDetails

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.

$1,995,000 - 89 Beaufain St Charleston, Sc 29401 @ Harleston Village

MLS#

1127276

Class:

Residential

Status:

Active

Beds:

5

Baths:

5 Full / 2 Half

Two houses--The William Steel House, circa 1815 and guest house built in 2005. Neo-classical main house has been totally renovated and is classified as "Valuable to City" and Category One. Elegant formal rooms open to downstairs piazza. Exquisite hand carved mantles and moldings in many rooms. Sparkling heart pine floors. Gourmet kitchen and ...

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$67,000 - 2660 Leeds Ave Charleston, Sc 29406 @ Brentwood

MLS#

1309404

Class:

Residential

Status:

Active

Beds:

2

Baths:

1 Full / N/A

Great opportunity to own a home on a great, large lot ready for you to customize to your needs. This house sits on a high lot, convenient to all areas of greater Charleston market. This is not a short sale, nor bank owned, this home can sell.

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$79,900 - 4743 Ivydale Dr Charleston, Sc 29405 @ Wando Woods

MLS#

1210719

Class:

Residential

Status:

Active

Beds:

3

Baths:

1 Full / N/A

Great investment opportunity for this ranch home in convenient location. Home features hardwood floors in great room and bedrooms and ceramic tile in large eat-in kitchen. Huge private fenced yard with 2 car attached garage. Excellent location within minutes of: Interstate, Airport, AFB, Boeing, Beaches, and downtown Charleston.

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$139,900 - 2076 Clayton Dr Charleston, Sc 29414 @ Oakland

MLS#

1311168

Class:

Residential

Status:

Active

Beds:

4

Baths:

3 Full / N/A

THIS IS A 4 BEDROOM 3 BATH HOME LOCATION IS FANTASTIC, EASY ACCESS TO SHOPPING, I-526, 15 MINUTES TO DOWNTOWN.GREAT LOCATION IN A QUIET AREA; WALKING DISTANCE TO OAKLAND ELEMENTARY. THE PERFECT HOME FOR THE HOME BUYER THAT DOES NOT MIND DOING SOME COSMETIC REPAIRS. CLOSE TO BUS LINE, SHOPPING AND I-526.HOUSE IS BEING SOLD "AS IS" IF SQUARE FO...

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$277,000 - 1006 Benton Bend Rd Charleston, Sc 29412 @ Benton Bend

MLS#

1201574

Class:

Residential

Status:

Active

Beds:

3

Baths:

2 Full / N/A

Great home on .5 acre private lot in quiet subdivision. Kitchen features updated cabinets and granite countertops, gas stove and beverage cooler. Cathedral ceilings give that spacious elegant feeling. Gas fireplace brings coziness to the large family room. Walk thru the double French doors onto the expansive screen porch, with hot tub, and ru...

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$213,000 - 1429 Fort Johnson Dr Charleston, Sc 29412 @ Greencrest

MLS#

1127231

Class:

Residential

Status:

Active

Beds:

3

Baths:

2 Full / 2 Half

This home was remodeled and a Master Suite was added upstairs, the Master Suite is huge with a very large bath, dressing area, sitting area, you have to see it! Downstairs is a formal dining and living area and two additional bedrooms. Home has a very large back yard. Is very close to the beach and a short trip to downtown. Easy to see!

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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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$206,676 - 45 Arabian Dr Charleston, Sc 29407 @ Marsh Cove

MLS#

1302649

Class:

Residential

Status:

Active

Beds:

3

Baths:

2 Full / 1 Half

Very well kept and remodeled town home. Large open Kitchen with stainless steel appliances, walk-in pantry, wood burning fireplace, screened porch and separate deck. Backs up to wooded wetlands. Open loft area on the second floor, large bedrooms with a private deck off the master. Third floor can be used as a bedroom, study, or playroom! Home...

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$149,500 - 1663 Sulgrave Rd Charleston, Sc 29414 @ Forest Lakes

MLS#

1211518

Class:

Residential

Status:

Active

Beds:

3

Baths:

2 Full / N/A

The primary lender has already approved this sale. Price was increased to satisfy the 2nd mortgage. With a offer close to list price, this sale should go very quickly. Great Opportunity in Great Neighborhood Close to Citadel Mall, Shopping & Restaurants as well as I-526. Perfect location for Boeing client. Build instant equity by sprucing up ...

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$135,000 - 2244 Ashley Crossing Dr Charleston, Sc 29414 @ Arboretum

MLS#

1311405

Class:

Residential

Status:

Active

Beds:

2

Baths:

2 Full / N/A

This is your opportunity to buy the sought after Carya unit on the 3rd floor at an incredible price! This is the larger floorplan with sunroom and has many upgrades. Granite countertops, stainless steel appliances and wood/tiled floors make this a very attractive condo. The nine foot ceilings with crown molding and the many windows make it br...

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