Homes in the Charleston area (i.e. Hanahan and Goose Creek) have stayed on the market almost 27% longer than in 2007. For buyers there is more inventory to choose from, lower prices, and motivated sellers. This means buyers will be able to buy a home at a great price. With interest rates on mo
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01/26/2009
Tip: Build a Huge Cash Reserve. Here is why:1. You can buy with Larger Down Payment. - Financing for investment properties will require a larger down payment than in the past (i.e. 20 - 30% down). - There will be POSITIVE CASH FLOW. - There will be EQUITY in property day 1.2. Money
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01/23/2009
Tip: The home needs to have curb appeal. Curb appeal is probably the most important criteria for buyer to considering looking at your house for sale next to listing price. Especially in today's real estate buyer's market. The market is very competitive with a lot of foreclosures coming and on t
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01/21/2009
Tip: Use REALTOR or Real Estate Agent. A Real Estate Agent or REALTOR is not only a professional, but offers the following sevices to a buyer for FREE: 1.) Is the Buyer's guide through the home buying process. 2.) Helps Buyers identify what are the most important criteria in their next home. 3.)
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01/20/2009
One the most critical pieces to selling a home is the initial Listing Price.If the homes in your area are not selling in reasonable amount of time, it sometimes makes difficult to sell a home if it is on the market for longer than 60-75 days. Even if the price has been dropped significantly.This
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01/14/2009
When buying a house, there are a lot of things to consider? If you do not decide up front on what is important, it will make it very difficult in finding the perfect home.Before you begin to start looking for a home, this weeks Tip is to determine what are the 5 Most Important Things (i.e. must h
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01/13/2009
Use a Real Estate Agent.Why?1.) They know more about the local real estate market. They know what is selling and what is not.2.) They take care of all the paperwork, which some sellers neglect if they attempt to sell their home themselves.3.) They do the marketing of the home, which is more than
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01/09/2009
Buy a home when mortgage interest rates are low. A low interest rates can mean more home for the money and lower monthly mortgage payments.Reason 1: More Home For The Money:For example, your monthly mortgage payment, excluding insurance and property taxes, with the current average interest rate o
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01/07/2009
1.) Low Mortgage Interests Rates If you can qualify and purchase a home with 30 or 15 year fixed mortgage with one of today's low interest rates, you could literally save thousands of dollars over the life of the mortgage. 2.) Rents are rising Due to the mortgage and credit crisis, unfortunatel
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12/29/2008
The buyers market in the Hanahan and Goose Creek area is getting better and better as prices continue to decline and interest rates are approaching historical lows. As the market continues its declines, sellers are becoming more motivated and are willing to work with buyers to sell their homes.
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12/16/2008