29414 : Questions & Answers

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Brandon Prat…, Real Estate Pro in Warsaw, IN
Brandon Prater answered:
what is the average price per sq. ft for a house that is updated and 4000 sq ft.
There are many factors that help to establish the price per Sq. Ft. value of a house. First you would need to contact a local agent and let them evaluate the the overall condition of t ... more
0 votes Share Flag Sun Mar 14, 2010 Home Selling in Charleston
Gerard Dunn, Real Estate Pro in Potomac, MD
Gerard Dunn answered:
Why would a seller list w/ listing broker & not just incent buying broker? Less commish and buyer broker has what seller needs...buyers.
You could do this. Unless you know the market intimately - you may be selling yourself short.

There are certainly owners out there that have the ability and knowledge to sell their ... more
0 votes Share Flag Thu Feb 4, 2010 Home Selling in Charleston
Carolina Joe…, Real Estate Pro in Charleston, SC
Carolina Joe Idleman answered:
What are the neighborhoods or towns to purchase a home in the Charleston area? Budget of about 300k-we have no children and love to be outside.
Nikole some subdivisions in West Ashley that may work for you are Shadow Moss, Village Green, Grand Oaks, and bolton's landing. In Mount Pleasant check out Park West, Ivy Hall, Ch ... more
0 votes Share Flag Mon Jul 22, 2013 Home Buying in James Island
Fairvalue, Other/Just Looking in 29439
Fairvalue answered:
I have sensed positive sales activity in the $750K-$1M range in the Charleston, SC Tri-County Area. Has anyone else noticed this?
Yes, I have, but most of these homes were once listed (or would have been listed) at $1.25-1.75 million.

Also, the number of properties making their way down into this range is an or ... more
0 votes Share Flag Wed Jan 13, 2010 Home Selling in Charleston
John Richard…, Real Estate Pro in Charleston, SC
John Richard Wilson answered:
What can you tell me about those townhouses on 8th avenue?
I'm not sure what neighborhood you are speaking of, but there are some great townhomes in Stono Ferry on 8th Tee Dr. Is this the community you are speaking of?
0 votes Share Flag Thu Oct 22, 2009 Home Buying in Charleston
Carolina Joe…, Real Estate Pro in Charleston, SC
Carolina Joe Idleman answered:
I am putting a contract on a home in South Carolina and would like clarity on a portion of the contract - can you explain?
The purpose of this clause is to allow the broker to place the earnest money in an interst bearing account. By law the interest cannot be kept by the broker nor issued to the buyer. T ... more
0 votes Share Flag Sat Sep 19, 2009 Home Buying in Charleston
Carolina Joe…, Real Estate Pro in Charleston, SC
Carolina Joe Idleman answered:
SF for second story addition on house on James Island, SC?
Cantact Julia Martin for your architect needs. She is great and is located on the second floor of 42 Broad Street in Charleston. She may be able to do a cost estimate for you. Her ph ... more
0 votes Share Flag Tue Sep 15, 2009 Remodel & Renovate in Charleston
Bob Brennaman…, Real Estate Pro in Mount Pleasant, SC
Bob Brennaman Jr. answered:
Today's WSJ Says Now It's PRIME Mortgage Borrowers Who Are Defaulting (And At A Faster Pace Than Subprmie.)How Will This Affect The
I don't think it will affect the South of Broad market that much. Many of the folks who own SOB are PRIME borrowers but they are also a little more flush with cash, in most cases, ... more
0 votes Share Flag Tue Sep 8, 2009 Home Buying in 29401
EdithJasser…, Real Estate Pro in 60093
EdithJasser YourRealtor4Life answered:
Is there anyone looking for a home perfect for an artist? Property is in Chas, SC and has a unique 575 sq ft studio. Any ideas of where to market?
Hi Michelle,
I think you are doing fine by using entities like Trulia to get your property noticed, you may also consider sending out flyers to agents in and around major cities in dif ... more
0 votes Share Flag Thu Sep 3, 2009 Home Selling in Charleston
Marshall Wal…, Real Estate Pro in Charleston, SC
Marshall Walker answered:
Why has the price of houses continued to rapidly decline while the price to build has stayed relatively even?
Because the price of materials has not dropped significantly -

Its a factor of supply and demand - completed homes are selling for less because of the huge supply - national builders ... more
0 votes Share Flag Fri Aug 28, 2009 Home Buying in Charleston
Moveupbuyer, Home Buyer in Pfeifer, KS
Moveupbuyer answered:
Why has the price of houses continued to rapidly decline while the price to build has stayed relatively even?
A couple of reasons for the Charleston area:

Resale homes are overpriced to begin with, raw land is still overpriced and subcontracting labor costs are also overpriced. This segment ... more
0 votes Share Flag Sun Aug 30, 2009 Home Buying in Charleston
Kitty Power…, Real Estate Pro in Charleston, SC
Kitty Power Duncan answered:
With house prices falling, why are building prices remaining roughly the same?
Hi Michael, Builders have made construction loans based on the cost of the lot and subcontractor bids. The actual costs to build including materials can vary day to day or during the co ... more
0 votes Share Flag Fri May 17, 2013 Home Buying in 29414
Teresa Cooper, Real Estate Pro in Summerville, SC
Teresa Cooper answered:
Average listing price continues to decline while the supply (# of listings) also continues to decline. Am I?
Dear Homeowner - I agree, it's a pretty complicated situation, and right now, there is still a lot of "volatility" - meaning prices and inventory change rapidly. To give you a one or t ... more
0 votes Share Flag Fri Aug 21, 2009 Market Conditions in Charleston
Laura Jeffer…, Real Estate Pro in 29072
Laura Jefferson answered:
Bank of America and closing costs on a short sale
A lender will not typically contribute cash. They may cut there fees to a minimal and with that I have negotiated great deals for my clients.
0 votes Share Flag Tue Aug 18, 2009 Home Buying in Charleston
Donnie Whita…, Real Estate Pro in Charleston, SC
Donnie Whitaker answered:
Having owned a coop in New York City could I still qualify as a first time home buyer?
Kenneth,

I assume you are looking to see if you qualify for the 2009 first time buyer tax credit. This link from the National Association of Realtors will provide you with some good ... more
0 votes Share Flag Fri Jul 31, 2009 Home Buying in Charleston
Dan Mengedoht, Real Estate Pro in Charleston, SC
Dan Mengedoht answered:
What is the current average broker fee in the Charleston, SC area? Thanks in advance!
LJR,
Our MLS shows 11471 active or active contingent listings. Starting at 1% and going up to 5% are the payout amounts to the buyers agent. Usually these fees are split evenly, so f ... more
0 votes Share Flag Fri Aug 24, 2012 Home Selling in Charleston
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
I found a list of homes for sale in Harleston Village on your site. Where can I find a list of recently sold?
Anna,

You can find this information on trulia:

find a home

enter the location

click on "homes recently sold"

Good luck
0 votes Share Flag Wed Jan 5, 2011 Market Conditions in Harleston Village
Sherlock, Home Buyer in 29401
Sherlock answered:
To What Year In The Past Should Price Levels Be Scaled Back To Reflect Current Economic Realities?
1972. I too believe in the ghosts of Christmas past ;-)
0 votes Share Flag Thu Jul 23, 2009 Home Buying in 29401
Foster Smith, Real Estate Pro in Summerville, SC
Foster Smith answered:
Where canI get a list of the covenants for the Longborough subdivision in SC.HO fees etc??????????
You can get a copy at the Charleston County Courthouse.
0 votes Share Flag Tue Sep 15, 2009 General Area in Charleston
Marshall Wal…, Real Estate Pro in Charleston, SC
Marshall Walker answered:
Just learning about Foreclosures so bear with me as I try to wrap my head around REOs!
That home appears to be 543 country Place Road...it has not been put into our mls yet as a bank owned listing.

Here is a link to the listing prior to foreclosure

http://files.getd ... more
0 votes Share Flag Fri Aug 28, 2009 General Area in Charleston
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