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The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Carolina One Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Houses for Sale in Charleston South Carolina - Obtain Top Dollar
Houses for Sale in Charleston South Carolina - Obtain Top Dollar Houses in Charleston South Carolina that are well prepared sell faster and for mo...
Short Sales vs. Foreclosures
As a home buyer, it is important to know the difference between a short sale and a foreclosure.
During the boom time in real estate the answers were much different than today. At the peak of the market, the definition of a short sale was a property that sold the day it was listed. The term foreclosure was almost a foreign term because sellers were able to sell their homes if they were having trouble making their payments and quite frankly, there were not many.
So what exactly is a "Short Sale"?
A short sale is the process of a seller obtaining an offer on their property and then trying to convince the bank to accept less than what is due. For example, a seller owes $250,000 on the house, but can only get $200,000. The bank has a lien on the property and this debt must be cleared in order for the house to be sold.
When considering looking at short sales or foreclosures, you must first understand that a short sale is a much more difficult property to obtain. The two are like apples and oranges when it comes to a buyer's experience.
What Makes a Foreclosure Different Than a Short Sale?
A foreclosure is a property that has already been taken over by the bank. The seller was unable to keep up with payments and simply had to relinquish the property back to the bank. Foreclosures are fairly straight-forward sales because the banks typically do not want to be "home owners"; they want to be "home loaners".
Your Time Is Valuable
When looking at a short sale property, keep in mind that you may not be able to buy it.
Ask yourself this question, "Can I put my plans on hold and wait 4 months (or even a year) for the bank to decide to accept a short sale?"
If the answer is no, then avoid short sales. If you are okay with waiting, then a short sale may prove to be a good choice if the price seems right.
Foreclosures are More Straight Forward
With bank owned homes, you can typically close quickly and the main factor to keep in mind is that many people look for foreclosures, so if you find one you like act quickly, and secondly, they are sold as-is. The sellers generally do not make repairs on the property.
We have included all of the areas short sales and foreclosures. If you need more specific explanation or would like to know what pitfalls to watch out for when pursuing these properties, feel free to let us know.
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$1,995,000 - 89 Beaufain St Charleston, Sc 29401 @ Harleston Village
- MLS#
1127276- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 5 Full / 2 Half
Two houses--The William Steel House, circa 1815 and guest house built in 2005. Neo-classical main house has been totally renovated and is classified as "Valuable to City" and Category One. Elegant formal rooms open to downstairs piazza. Exquisite hand carved mantles and moldings in many rooms. Sparkling heart pine floors. Gourmet kitchen and ...
$1,699,000 - 238 Beauty Berry Ct Kiawah Island, Sc 29455 @ Kiawah Island
- MLS#
- 1309517
- Class:
- Residential
- Status:
- Active
- Beds:
- 4
- Baths:
- 4 Full / 1 Half
This beautiful, sophisticated, stucco home with slate roof is located within Cassique, a Kiawah Island Club neighborhood and is conveniently located to the Cassique Club House and Sports Pavilion. Wonderful, bright, open indoor living area, featuring exposed beams, elevated ceilings and stone fireplace - all opening onto private courtyard wit...
$1,650,000 - 61 Tradd St Charleston, Sc 29401 @ South Of Broad
- MLS#
- 1306615
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 3 Full / N/A
This is a short sale and an excellent opportunity to purchase a pre-revolutionary masonry home in the heart of downtown Charleston at a very reasonable price. A true historical gem located South of Broad, the Carolopolis Award winning Jacob Motte House is one of the earliest residences built in the city on the land originally bought from Robe...
$1,499,000 - 47 Iron Bottom Ln Charleston, Sc 29492 @ Daniel Island
- MLS#
- 1223444
- Class:
- Residential
- Status:
- Active
- Beds:
- 6
- Baths:
- 6 Full / 1 Half
As your tour 47 Iron Bottom you will enjoy spectacular views for almost every window. This is one of the few homes on Daniel Island with panoramic views of the golf course from the front AND back of the home. The windows are big and the home is filled with natural light. What a beautiful environment! There is a large pond just off the tiered rea...
$1,275,000 - 5881 Bears Bluff Rd Wadmalaw Island, Sc 29487 @ Wadmalaw Island
- MLS#
- 1119909
- Class:
- Residential
- Status:
- Active
- Beds:
- 2
- Baths:
- 2 Full / N/A
LENDER OWNED!! LARGEST RECREATIONAL TRACT CURRENTLY AVAILABLE ON WADMALAW! PROPERTY CONSISTS OF TWO ADJACENT TRACTS TOTALING 118 ACRES. TOPOGRAPHY HAS A NICE ROLL WITH SUBSTANTIAL CHANGES IN ELEVATION. BEAUTIFUL NATURAL HARDWOOD/ PINE FOREST, YOUNGER VOLUNTEER PINE, BEAUTIFUL HIGH HILL WITH MARSH VIEWS AND A 3.5 ACRE SALTWATER POND. A BIG SAL...
$1,099,000 - 243 Delahow St Charleston, Sc 29492 @ Daniel Island
- MLS#
- 1312575
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 4 Full / 1 Half
This is a possible short sale. Owner's paid 1,290,000 for this beautiful Brick Charleston Single Style Home with 5 large bedrooms and a possible 6th bedroom by simply adding a closet to a large room on the 3rd floor! Walk into the large open foyer and you will immediately notice the pristine brazilian cherry floors! Large separate dining room l...
$995,000 - 837 Bridge Point Cir Mount Pleasant, Sc 29464 @ Harbour Watch
- MLS#
- 1106081
- Class:
- Residential
- Status:
- Active
- Beds:
- 6
- Baths:
- 4 Full / 1 Half
Gorgeous home in a wonderful location. This house has it all! Large living room with fireplace, dining room, and large kitchen. There is also a beautiful library with mahogany shelving, master bedroom with fireplace and huge master bath. The downstairs has beautiful old heart-of-pine flooring. Second floor consists of four additional bedrooms...
$895,000 - 546 Faulkner Dr Mount Pleasant, Sc 29466 @ Alston Point
- MLS#
- 1205822
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 4 Full / 1 Half
Custom Elevated Home on Alston Creek with Inground Pool, Dock and Boat Lift. Located on 1.4 Pristine acres this Beautiful home as it all. Enjoy the Panaramic Long Range views of Alston Creek and the Wando river! Large Gourmet Kitchen with Granite Counters, Hardwood Floors, Upgraded Stainless Steel Appliance, Pantry and Eat-in Area. The Spacio...
$890,000 - 124 Memes Way Wando, Sc 29492 @ Cainhoy
- MLS#
- 1029980
- Class:
- Residential
- Status:
- Active
- Beds:
- 5
- Baths:
- 5 Full / 1 Half
This home will take your breath away! The exterior is accented with stone, surrounded by massive porches and balconies. Enter to the marble foyer, detail molding on the ceiling (see picture), formal dining room is on your right and living room with grand fireplace on your left. The open floor plan leads you to the spectacular great room with ...
$824,900 - 3104 South Shore Dr Charleston, Sc 29407 @ Battery Haig On The Stono
- MLS#
- 1307515
- Class:
- Residential
- Status:
- Active
- Beds:
- 3
- Baths:
- 3 Full / 2 Half
This home located in historical Battery Haig is a MUST SEE for the most discriminating Buyer! Launch your boat from your own private dock and access the Inter Costal Waterway and Stono River. Enjoy breathtaking views and awesome sunsets from the deck and screen porch. This is a Signature Home with upgraded construction. The home boasts so man...
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Daniel Island
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434
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Wadmalaw Island
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Buying a home from you was like buying from a family member. You were honest, straight-forward and I could tell you were really looking out for my best interests at every turn. Beth Epstein
Well your low key approach worked. Not only did you sell our house in this challenged market in 23 days, you found us a great new home and the transition was seamless! We are really happy in our new home. Brian and Wendy Rollings
You were very honest, direct and I knew you were genuine when you talked us out of buying a house because of the location. Thanks for everything!. Kirk Matenaer
I commend you particularly for politely putting up with my sometimes cantankerous, if not outright offensive, goading for results; I now realize I was in excellent hands all along, and I could not have asked for better or more courteous direction in the whole process. Dr. Adam Smolka
Your research and explanation of the entire process left us feeling confident in your abilities to follow through and get the deal done like it should be. Bill Chakos
Your experience, your calming demeanor and your ability to consult us in such a streamlined fashion was invaluable. Tonya Chakos
We sincerely believe Nat's competence, hard work, attention to detail, and most important his immediate action were the reasons our home sold in one day. We are now able to make plans to relocate. Victoria and Daniel Doyle