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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.
Sort By: MLS# Price City Subdivision Beds Baths Limit: 10 | 20 | 30 Per Page
$430,000 - 4161 Club Course Dr North Charleston, Sc 29420 @ Coosaw Creek Country Club
- MLS#
1029403- Class:
- Residential
- Status:
- Active
- Beds:
- 4
- Baths:
- 4 Full / 1 Half
PRICE JUST REDUCED $50,000!!Beautiful custom built home sits on a private lot overlooking the woods & award winning Arthur Hills Golf Course. On the 2nd level is an open kitchen with eat in breakfast area, a spacious great room with a fireplace with gas logs and a wet bar for entertaining. There is a separate formal dining room and a living r...
$429,900 - 2250 Magnolia Meadows Dr Mount Pleasant, Sc 29464 @ Seaside Farms *
- MLS#
- 1305626
- Class:
- Residential
- Status:
- Active
- Beds:
- 3
- Baths:
- 2 Full / N/A
** One Story Tenant Occupied Home in Great Location ** Minutes to the Beach ** Walk to Shopping and Restuarants, etc ** Scr Porch & Deck Overlooking Woods ** Fenced Yard ** Oak Floors and Oak Cabinets ** High Ceilings ** Open Floor Plan w/ Built-ins ** Master Bath w/ Double Vanity, Separate Tub & Shower ** Special Financing Available **
$418,000 - 2425 Racquet Club Dr Seabrook Island, Sc 29455 @ Seabrook Island
- MLS#
- 1307773
- Class:
- Residential
- Status:
- Active
- Beds:
- 3
- Baths:
- 3 Full / 1 Half
BEAUTIFUL, CHARLESTON SINGLE STYLE TOWNHOUSE ON SEABROOK ISLAND. PERFECT FOR PRIMARY RESIDENCE, VACATION GETAWAY, OR RENTAL PROPERTY. CLOSE TO THE NEW PALMETTO LAKE CENTER, TENNIS CENTER AND EQUESTRIAN CENTER!! AN EASY WALK OR BIKE RIDE TO ON ISLAND FACILITIES OR SHOPPING AT FRESHFIELDS SHOPPING CENTER, THIS END UNIT WITH 3 BEDROOM 3 1/2 BATH...
$399,900 - 4408 Stoney Poynt Ct North Charleston, Sc 29405 @ Plantation Isle
- MLS#
- 1310783
- Class:
- Residential
- Status:
- Active
- Beds:
- 4
- Baths:
- 2 Full / 1 Half
Beautiful elevated home in gated waterfront community in need of TLC! Located in cul-de-sac with attached 3 car garage and tons of storage space. Beautiful hardwood floors and natural lighting throughout. Granite counter-tops in the spacious kitchen with convenient wet bar area for entertaining! Downstairs master with double closets! Screened...
$399,000 - 6415 The Home Place Awendaw, Sc 29429 @ Awendaw
- MLS#
- 1120032
- Class:
- Residential
- Status:
- Active
- Beds:
- 3
- Baths:
- 3 Full / N/A
Secluded four acre estate just minutes from Mount Pleasant with 6-Stable HORSE BARN, inground pool, pool house with excercise room, and an exceptional LOWCOUNTRY-Style home with big wrap around front porch and all the Southern Charm you could ask for! Host that family reunion or just spread your wings on this estate you've been dreaming of. E...
$395,000 - 1858 Cornish Ave Charleston, Sc 29412 @ Camp Road Estates
- MLS#
- 1104688
- Class:
- Residential
- Status:
- Active
- Beds:
- 4
- Baths:
- 2 Full / 1 Half
THIS HOME IS NESTLED AMONG SOME OF THE LOWCOUNTRY'S MOST BEAUTIFUL MOSS-DRAPED OAKS AND PALMS. BUILT IN 2006, THE SELLER SPARED NO EXPENSE TO CREATE A FABULOUS KITCHEN WITH STAINLESS STEEL VIKING GAS RANGE WITH OVERHEAD DRAFT SYSTEM, SUB ZERO WINE COOLER, WALL OVEN WITH WARMER AND BUILT-IN MICROWAVE. THE WALK-IN PANTRY IS IMPRESSIVE. THE SELL...
$379,990 - 2891 Tradewind Dr Mount Pleasant, Sc 29466 @ Horlbeck Creek
- MLS#
- 2928593
- Class:
- Residential
- Status:
- Active
- Beds:
- 4
- Baths:
- 2 Full / 1 Half
This immaculate lowcountry designer home is one of a kind! This lovely raised drive under home is situated on a corner lot in the deep water community of Horlbeck Creek. The owners have completely remodeled the interior with designer, custom finishes sure to please even the most discriminating buyer! Inside this home you will find generous, well...
$359,000 - 240 Scalybark Rd Summerville, Sc 29485 @ Walnut Farms
- MLS#
- 1308442
- Class:
- Residential
- Status:
- Active
- Beds:
- 4
- Baths:
- 2 Full / 1 Half
LENDER OWNED-this property is bank owned and the construction has been completed and is move in ready. The first floor is a large floor plan with all your needed living area. there is a first floor master with a large master bath that has tile, garden tub and separate shower. There is large open family room with a fireplace, and vaulted ceili...
$349,900 - 167 Felita Ct Cross, Sc 29436 @ Eadytown East Of Bridge
- MLS#
- 1224920
- Class:
- Residential
- Status:
- Active
- Beds:
- 3
- Baths:
- 3 Full / 1 Half
This 3 bed 3.5 Bath home is a custom home in a custom location. this 1.46 acre home site overlooks the diversional canal between to upper and lower lakes. with unique views and a wonderful floor plan. this home is ready for its new family. this home has a 4 car garage and a down stairs play room for all your toys. this home is on a deeded lot...
$339,900 - 1464 Fort Lamar Rd Charleston, Sc 29412 @ Fort Lamar
- MLS#
- 1216393
- Class:
- Residential
- Status:
- Active
- Beds:
- 4
- Baths:
- 3 Full / N/A
**NEW PRICE**This TIDAL CREEK/MARSHFRONT listing sizzling HOT just like the Charleston Summer Season! It truly offers so much that it's difficult to put into words, especially, with a limited amount of space! With that in mind, I guess we should start with the PRICING? This TURN-KEY, BANK OWNED HOME is PRICED EXTREMELY WELL but don't take my wor...
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Daniel 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