Charleston, SC Real Estate News

By Randall Sandin, 843-209-9667 - Search for Charleston SC Real Estate
(Carolina One Real Estate)
If you have not checked out the Riverdogs this year, they are in Charleston for 11 home games in June. Our personal favorite is Family Night on Sunday games- general admission tickets are just $5, game starts at 5:05 so you make it home for bedtime, kids get in for FREE and get a FREE hot dog, chips & soda and FREE parking - how can you beat that deal?   Here is the Riverdogs schedule for June:   6/6, 7:05pm: Baseball Card Trade-Away 6/7, 5:05pm: Family Night 6/8, 7:05pm: Dogs with a Cause 6/9, 7:05pm: Two-for-Tuesday 6/10, 7:05pm: All You Can Eat Night 6/11, 7:05pm: Thirsty Thursday 6/18, 7:05pm: Thristy Thursday 6/19, 7:05pm: Fireworks Night 6/20, 7:05pm: Youth Bat Giveaway 6/21, 5:05pm: Family Night 6/30, 7:05pm: Two-for-Tuesday   For complete details on the above promotions as there...
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By Matthew Naumann, Goose Creek, SC Real Estate Agent
(Exit Realty Charleston Group)
Affordable Housing to be offered for sale in Goose Creek and the Charleston SC Area Affordable Homes to be made available to Home Buyers in Goose Creek and the Charleston SC Area at prices 15% below appraised value.  This move by the Lowcountry Housing Trust to purchase 100 of the current 194 bank owned homes should prevent home prices from dropping drastically, which could occur in a foreclosure auction.  These homes are a perfect opportunity for First Time Home Buyers to buy below market value and still take advantage of low interest rates and the $8000 Tax Credit. Housing program to buy 100 homes in foreclosure By Ashley Fletcher Frampton, aframpton@scbiznews.com, Published April 13, 2009 - About 100 homes in the Charleston area now under bank ownership as a result of foreclosure wil...
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By Kevin Breeland, CMB
I hope when I am in my mid to late 70's I have such good friends as my dad and Uncle have: Front Left - My Dad Allan Breeland, Jr Back Left - Family friend Frank Kosse Front Right - My Uncle Lewis Breeland Back Right - Family Friend Aubrey I am sorry if I have posted this before but an ActiveRain friend Mark Brian was talking about the lost of his best friend's father and that got me to think about my dad and Uncle Lewis. I wanted to share this with you.
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By Matthew Naumann, Goose Creek, SC Real Estate Agent
(Exit Realty Charleston Group)
Goose Creek and Charleston SC Area Home Buying Tip - What to OFFER? For many Home Buyers in the Goose Creek and the Charleston SC Area, making an offer on a home can be a difficult decision.  The article below summaries the main considerations involved with determining a offering price.  The best way for new home buyer to determine a offering price, is to have your agent do a market analysis and have them show you the data (i.e. what is on the market (i.e. current listing prices and days on market) and what has sold in the last 6 months (i.e. selling prices and days on market).  With the data, you, the Home Buyer can make more informed decision on what to offer, while taking in the consideration of owner occuppied vs bank owned. Real Estate: What to consider in an offering price By BOB ...
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By Kevin Breeland, CMB
IT'S BACK....believe it or not ML-09-15 with attachments are back. Called Using First-Time Homebuyer Tax Credits so here are the guidelines: The first thing to keep in mind is you must follow IRS guidance to see if you are even eligible for this tax credit. that website is http://www.irs.gov/newroom/article/0,,id=204671,00.html?portal7. Leave it to the IRS to have such a difficult link. Second piece, Pursuant to 31 U.S.C. 3727 and 26 U.S.C. 6402, a refund of the first-time homebuyer credit will be made by the IRS only to the taxpayer, not to a third party. Short version, any refund issued cannot be assigned by a taxpayer to a third party. So, what are some of the rules this time around? Here are the bullet points right from the Mortgagee Letter HUD issued: The tax credit advance, when c...
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By Jim & Maria Hart, Charleston, SC Real Estate
(Brand Name Real Estate)
Here is a great idea if you are looking to have a "Stay-Cation" here is Charleston or coming to visit. If you have not had a chance to experience one for yourself, then you have really missed out on the old world charm that a carriage ride has to offer. Tour Charleston SC's attractions while in Charleston with The Old South Carriage Company. Charleston is notably the most historic city in America and has many historic areas and attractions which are best visited by carriage tour. Clippity clop your way back to Colonial times where a horse-drawn carriage tour will reveal 300 + years of history including antebellum mansions, churches, and cobblestone streets. Tour Charleston the best way - with The Old South Carriage Company and our Charleston SC Carriage Tours. A one hour Charleston carr...
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By Kevin Breeland, CMB
What happened today with rates and what to expect? That is the question many will be asking and I will try an attempt to give some insights. The selling started last Thursday when Bill Gross from PIMCO questioned the AAA credit rating of the US. That is was bad but then Credit Suisse said that the Fed may be slowing down their MBS purchase program. Not good, then we had better than expected Consumer Confidence yesterday and a slightly better Existing Home Sales Report today. It doesn't stop there, these factors along with the notion that inflation could be a problem if the economy turns north, sent investors to an extreme selling panic. Since the high of Thursday ($100.41) to today's low ($96.78), the 4% MBS has lost 363bp closing down a whopping 206bp ending at $96.84. When a dramatic ...
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By Rodney Hancock
(Southern Shores Real Estate Group)
Southern Shores Real Estate Group launched a new site to better serve our customers and better advertise our services in the Charleston area. The new site features a state of the art search engine for our listings as well as the ability to search for all homes in the Charleston area. Also, they allow sellers to advertise their homes on the site without any contracts or listing agreements! All of our services, from Buying, selling, investing, property and vacation rental management, HOA management and Commercial services are covered in detail. Click below to see the site! Website: Charleston Real Estate Listing example: Charleston Home For Sale
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By Matthew Naumann, Goose Creek, SC Real Estate Agent
(Exit Realty Charleston Group)
Goose Creek and Charleston SC Home Buyers are Cautious Many home buyers in the Goose Creek and the Charleston SC area are still being cautious, because of the current economic conditions.  Whenever there is crisis, like what is happening in our area, there is opportunity.  The real estate opportunity is for first time home buyers and investors where homes prices are still dropping.  The interest rates for mortgages are at the lowest rates in recent history.  For First Time Home Buyers, there is the $8,000 Tax Credit available if you buy before Dec. 1, 2009.  For investors, the pool of renters has never been bigger. Signs of more trouble ahead for housing market Carolyn Said, Chronicle Staff Writer, Tuesday, May 26, 2009 - Warren Buffett and Alan Greenspan say the housing market is near ...
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By Jim & Maria Hart, Charleston, SC Real Estate
(Brand Name Real Estate)
Charleston's annual maritime festival has just changed it's name to the Charleston Harbor Fest, and it's scheduled for June 26 - 29, 2009. The festival has been expanded this year to include locations on both sides of the harbor in a true harbor-wide celebration of the sea.  A Water Action Village Expo (WAVE) at Patriots Point in Mt. Pleasant will highlight extreme water sports and modern boating, modern marine sports equipment, water sports non-profits, and boat, kayak, kite boarding, and surfing vendors.  In addition, a Maritime Village downtown at the Maritime Center and in Ansonborough Field will highlight traditional maritime activities and past times, pirate themes, marine related non-profits and vendors selling traditional marine items.  A water shuttle and bus shuttle will prov...
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By Adam Hankey, Internet Marketing, MLS IDX, Web Design
( Search Engine Marketing Strategist)
A quiet, relaxing suburban community, Hunt Club Charleston is a great place to raise a family. These beautiful single-family homes are well priced and perfect for families looking for mid range Charleston real estate. Owners of Hunt Club real estate enjoy a community pool as well as gorgeous natural keypoints including a pond that is perfect for some evening fishing with the kids. If you are looking for some Charleston, SC real estate that has some great ammenities, but isn't too fancy, Hunt Club Charleston is the perfect place for you!
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By Adam Hankey, Internet Marketing, MLS IDX, Web Design
( Search Engine Marketing Strategist)
A lively, colorful condominium development, Albemarle Point Charleston is full of beautiful, spacious condos currently on the Charleston real estate market. Featuring one, two or three bedrooms units, these condos are the finest Albemarle Point real estate available. If you are in the market for Charleston, SC real estate, this gorgeous new development is definitely a must see.
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By Joe Poltor, Joseph Poltor / Joey Poltor, PsyM - I try to help
(Go To www.JosephPoltor.com)
  Look into my eyes.  Look deeply in my eyes, not quite anyways.  Hypnotherapy is not what you think of when you think hypnotize.  It isnt some guy in a creepy suit turning you into a dog or into a chicken.  You dont bark or cluck around in a circle for an hour.  At least I am pretty sure that wasnt going on when I went through it.  Hypnotherapy at least here in Charleston SC is amazing.  I went to Rebecca Shaw down in Mt. Pleasant and Ill tell you she is amazing.  Not only is she on a different level of understanding of how the mind worksbut she will blow your mind with the process.  She gave up being an engineer for this profession, profound right?  She said she had the hypnotherapy and instantly knew that she had to change professions.  Trust me if you ever use her services you will...
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By Emily Shapiro, Exceptional Personal Service
(NextHome Specialists)
This post is pure humor, but I added some relevant links to help make it a little more educational!  1.     So my cousin Jeff is going to do our loan...says he doesn't even need to pull our credit!  Isn't that great? http://homebuying.about.com/od/findingalender/tp/LOques.htm 2.     I know they already framed and sheetrocked the house, but we really want to add an extra bath and a room over the garage...or you can get us out of this contract, right? 3.     We just put $20,000 of furniture on our Rooms-to-Go card and bought a new boat...are they going to pull our credit again before we close? 4.     Hey, can you pull over so I can get that For Sale by Owner flyer? http://www.lendingtree.com/real-estate/advice/finding-a-realtor/why-use-a-realtor/ 5.     Thank you for showing us all these ...
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First Time Homebuyer Tax Credit Down Payment Initiative in Goose Creek and Charleston SC Area helps First Time Home Buyers Buy  The new down payment initiative helps first time homebuyers in the Goose Creek and the Charleston SC area buy homes sooner than later.  A lot of first time home buyers have been struggling to raise money for the 3.5% down payment and to improve their credit scores. The details of how the down payment initiative can be used have not been released.  The cons of using the tax credit as down payment, will require a bridge loan to be used initially as the down payment.  Typically a bridge loan is a short term loan at a high interest rate.  Who ever decides to do the tax credit as a down payment via bridge loan, will need to be diligent on amending their 2008 returns...
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By Kevin Breeland, CMB
Monetize, I am not embarrassed to say that two days ago was the first time in my 52 years I ever saw this word. Since it was in a sentence I had a general idea what it meant, but honestly I wasn't sure. So, at 52, when you see a word you don't know what do you do??? Google it???? No....ol' school....I looked it up in the Fourth Edition The American Heritage College Dictionary I keep in my office.    So what is the definition of Monetize? I quote "mon e tize 1) To establish legal tender. 2) To coin (money) 3) To convert (government debt) from securities into currency that can be used to purchase goods and services." I think we have been doing a lot of #3 lately...but that is not what this is about...   So, we are going to "monetize" the $8000 tax credit but do we really know how that wil...
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By Adam Hankey, Internet Marketing, MLS IDX, Web Design
( Search Engine Marketing Strategist)
Located just outside of downtown Charleston, South Carolina,  Beresford Hall is a private, gated community offering privacy and comfort. Large, beautiful Charleston waterfront real estate line the streets of this exclusive neighborhood. View Larger Map  Beresford Hall Charleston residents enjoy several luxurious comforts in this community including several parks with over 8 miles of scenic trails, boat ramps and docks overlooking the Beresford Creek. The homes listed in this exlusive community are among some of the most desired peices of Charleston real estate currently on today's market.
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Yesterday, Secretary Shaun Donovan spoke to the National Association of Realtors Real Estate Summit. In that speech he announced HUD would allow the $8000 Tax Credit for First-Time Home Buyers to be "monetize" as he put it. Here are the details as outlined in Mortgagee Letter 09-15.       Remember the guidelines the govern the Tax Credit are IRS guidelines and not HUD. The guidelines have not changed. They are as follows:   Credit is the smaller of $8000 or 10% of the purchase price of the home. Phase out of the credit begins when modified adjusted gross income exceeds $75,000 is single, $150,000 if married filing jointly and is eliminated completely at $95,000 (single), $170,000 (jointly). As a refundable tax credit if taxes are owed they are deducted from the refund. If the Taxpayer i...
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