Blog

Do you watch the news? Can you believe the media posted positive news about our market? It’s been years since positive news has been relayed via the media. Well guess what, the market is on the rise! Multiple offers, homes selling for more than there listed for, fewer days on the market and so on!  What does this mean? The bottom for the Real Estate market has passed and will not return. That … [Read more...]

The time to invest in Charleston is now, not tomorrow. The properties in Charleston are starting to increase in price, especially short sales. Even though they may take time to get approval and close, they are well worth the waiting time. Would it not be great to buy a property that was originally purchased for $650,000 for $350,000. Hold it for several years and sell for $650,000. You do not have … [Read more...]

A new statistic was just revealed regarding  the Charleston, South Carolina metro area:  27% of what's under contract is new construction.  That is a sobering number that sellers in the Charleston Real Estate Market need know. In summary, the break down of what is under contract is the following:  short sales(606), lender owned/corp owned(146), and new construction(555) account for 1307 out … [Read more...]

Are you aware that it’s possible that in 2012 the market could compose of 50% Short Sales? The other 50% could compose of Bank owned, re-sales and new construction.  Are you also aware that Short Sales typically sell anywhere from 20-40% of market value? For example a $100K could sell for $60K depending on the bank and what the current Seller owes on the property. For Buyers, this is an … [Read more...]

How hard you work is indicative of your results in your career.  How many companies have not survived through the past couple of years due to a lack of motivation or hard work?  Quite a few, I imagine. Of course there’s the exception to every rule; the company surrounded by a town or city where a factory closed down or relocated. Let’s think about your last Realtor, were you happy? Did they … [Read more...]

There are some things in this world that do not make much sense to me and I often wonder who and why these decisions are made in the first place. Most states allow real estate agents to get the names of individuals who fall behind in their mortgages. While some would say that it is private information, it does become public when the homes are listed in the paper under the legal section. Ignorant … [Read more...]

  www.homesalemaximizer.com When I meet with a homeowner to discuss the marketing of their home, I discuss with them the importance of getting their homes prepared for sale.  Making a home show like a "model home" will add 2 -5 percent higher price on their home.  Buyers buy with their eyes, that is why it is imperative to make the necessary improvements. It only takes 11 seconds … [Read more...]

Have you ever experienced a situation where you tried to communicate with someone or a company and they never called you back? Doesn’t this agitate you? I called a car dealership last year with a couple questions about various parts on my SUV. I continued to call for three days and they continued to relay they would call back. They never did, so I moved onto another dealership. Guess who called … [Read more...]

Last week was a very painful week for me. I had major teeth surgery and than on Saturday, I almost cut off my index finger by a foolish non thinking act. All of this was physical pain and not mental pain, although the mental issue of carelessness does come into play. This leads me to the emotional pain that I have seen in the Short Sale world. In most instances, no one wants to lose their home, … [Read more...]

  The National Association of Realtors is at the forefront promoting home ownership and policies that will encourage more loan modifications, short sales, and mortgage refinancing.  A strong economic recovery is tied to the housing market recovery.   By supporting lending practices that encourages home buying and helps home owners who are struggling remain in their homes,   NAR is … [Read more...]