Home Buying in Charleston : Questions & Answers

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Brian Beatty, Real Estate Pro in Charleston, SC
Brian Beatty answered:
Which is the most unspoilt South Carolina barrier island on which I could buy a house for less than $350K?
If you're looking for total seclusion in a nice, wooded setting (Grand Oaks, Spanish Moss, Water Views, etc.) I would say Wadmalaw Island. It is a true gem and hardly anyone takes ... more
0 votes Share Flag Thu Sep 9, 2010 Home Buying in Charleston
John Richard…, Real Estate Pro in Charleston, SC
John Richard Wilson answered:
Where are best places to invest in beach areas around Charleston? $200-300k range. Looking for local realtor, e-mail me at tfisher1@its.jnj.com
There are some available bank owned properties in that price range close to the beaches. James Island is a good place to start.
Contact me if you are interested in having me represent ... more
0 votes Share Flag Thu Aug 19, 2010 Home Buying in Charleston
John Mondello, Real Estate Pro in Prairieville, LA
John Mondello answered:
Have you heard about the outcome of the home buyers tax credit extension for closings?
This is all I could find for now. I've heard nothing on my end.
http://www.marketwatch.com/story/home-buyer-tax-credit-extension-stalled-for-now-2010-06-25

John J Mondello Jr, ... more
0 votes Share Flag Tue Jun 29, 2010 Home Buying in Charleston
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Can the duplexes in Charleston, SC be converted into a single family home? Are there any restrictions to doing this?
For accurate information check with your local building's department. What is your agent advising, he/she can be a good source of information.
0 votes Share Flag Fri Jun 11, 2010 Home Buying in Radcliffeborough
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
I took over my parents mortgage payments to find out after three years of making payments, I found out that they have a contract to deed with stupid
I'll try to tackle your questions, but some parts of your posting are unclear.

Your parents actually had a contract for deed, not a mortgage? If so, that's what they negoti ... more
0 votes Share Flag Tue Apr 6, 2010 Home Buying in 29401
Krista Oakley, Real Estate Pro in Ladson, SC
Krista Oakley answered:
Does anyone recommend a REALLY GOOD buyer's agent in the Summerville/Mt. Pleasant, SC area?
I am a Certified Foreclosure Agent in the Charleston area. I work the most in the Summerville area and know the neighborhoods very well. I don't work in the Mt. Pleasant area as mu ... more
0 votes Share Flag Mon Mar 10, 2014 Home Buying in 29406
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
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
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
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
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
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
Tod Edwards…, Real Estate Pro in Charleston, SC
Tod Edwards GRI ePRO REALTOR answered:
Charleston, SC - More foreclosures coming?
This site will guide you to what is currently happening concerning foreclosures. *In 29401, 13 homes are shown as pre foreclosure. 5 are shown as REO, bank owned, and 3 close to being a ... more
0 votes Share Flag Fri Sep 11, 2009 Home Buying in 29401
Cheryl Bosti…, Real Estate Pro in 29412
Cheryl Bostick answered:
Is 5 Jerry Drive still for sale?
Nanuk

5 Jerry Dr. is under contract. However, I have another great listing in that price range that ayou may be interested in. You can search my listings at www.cherylbostick.com
... more
0 votes Share Flag Sat Jun 20, 2009 Home Buying in Charleston
Marshall Wal…, Real Estate Pro in Charleston, SC
Marshall Walker answered:
Have cash and want to buy in Charleston 29401. Not willing to part with more than $1M. Should I wait?
Yes is my first response - I dont think we are at the bottom of the market. However that being said there have been some good properties being sold . We would have to evaluate on a case ... more
0 votes Share Flag Wed Aug 26, 2009 Home Buying in 29401
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