jay tracey: James Island Real Estate News: 1 in 5 homes sold in 1st quarter was in foreclosure
- 07/16/10 04:13 PM
James Island Real Estate News: 1 in 5 homes sold in 1st quarter was in foreclosure 1 in 5 homes sold in South Carolina in the first three months of 2010 were a foreclosure with an average discount of 21%. According to a RealtyTrac report, this figure is still below the national average in which one in three homes sold was in foreclosure and in which buyers received an average of 27% off. Statistics like this will have an effect on James Island real estate and well as the national real estate market. To find out more about South Carolina Foreclosures, (0 comments)
jay tracey: Imagine this ... a James Island home priced under a $100,000 in 2010 and an absolute dollhouse! 1549 Kemper, Charleston, SC 29412
- 06/29/10 03:32 AM
Offered by Jay Tracey, Exit Realty The Tracey Group www.follybeachrealestateguide.com 1549 Kemper Ave Charleston, SC 29412 Imagine this ... a James Island home priced under a $100,000 in 2010 and an absolute dollhouse! This is not short-sale and is move-in ready for a fast closing. The house may be small by square footage but lives much larger and is a MUST see. You will not believe the large deck that opens to the private large backyard with lush established landscaping. Home also includes a one car detached garage and workshop. Great location: Extremely close to downtown Charleston, Medical University of SC, College of (1 comments)
jay tracey: James Island Weekly Real Estate News: Short Sale Buyers Face Difficulty Closing Deals Quickly
- 03/08/10 04:21 AM
James Island Weekly Real Estate News: Short Sale Buyers Face Difficulty Closing Deals Quickly Rachel Nacion-Ograyensek of Altamonte Springs, is living the double nightmare that many James Island home buyers are facing. The house she wants is on the market as a short sale, so the owner cannot act until the mortgage holder approves the discounted price. They also must do this before April 30, 2010 to take advantage of the Federal government's buyer's tax credit of up to $8000. They have found their dream home and cannot get the signatures necessary to put the purchase in progress. So what can (0 comments)
jay tracey: James Island Weekly Real Estate News: Considering a Home Loan Modification?
- 07/28/09 08:27 AM
James Island Weekly Real Estate News: Considering a Home Loan Modification? Homeowners worried about missing mortgage payments and entering foreclosure may have another option: a loan modification. Despite some signs of stability in the housing market, foreclosures remain a major obstacle to a meaningful recovery. This holds true statistically for James Island Real Estate owners. Some people are now going for a loan modification - a permanent change in a mortgage that results in more affordable payments for the borrower. Lenders have been overwhelmed by calls from people seeking to modify their home loan. In the face of these delays, it's (0 comments)
jay tracey: James Island Weekly Real Estate News: Home sales decline, but...
- 07/15/09 09:20 AM
James Island Weekly Real Estate News: Home sales decline, but... As the prime spring home-buying season came to a close, Charleston's real estate market began to show some encouraging signs. Homes sold throughout the region totaled 732 in June, a 12% drop from the same month last year. James Island Real Estate buyers were just about dead even with the region's numbers. For the entire spring season, sales were off roughly 20% over 2008, or more than 40% compared to 2007. Some industry experts noted that more sellers have readjusted their expectation of their home value, which has brought prices down (0 comments)