I wanted to bring a new listing to your attention. A home was just listed yesterday in one of the most sought-after subsections of Park West. This home is ideal for buyers looking for a classic Charleston style home with great architectural details – but without the hassle of living downtown or the upkeep of an older home. I’ve included the remarks section of the report below so that you can read about the home’s features. For more information and pictures, click here!
Classic 1900's Quality in a 1 Year Old Home!!! Immaculate 5 bed., 4.5 ba. home in the most desired area & school district in Chas., Mt. Pleasant! This home has the solid quality and feel of an early 1900's Downtown Charleston home...one that was built w/ care & detail to last a…
There are hundreds of factors to consider when selling a home. However, the presence of asbestos is not often taken into account. Asbestos is a hazardous material – but only under certain conditions. For this reason, it is important to obtain a home inspection and asbestos consultation to help reassure potential buyers that while asbestos may be present, it is not typically immediately hazardous.
Many believe asbestos to be a problem of the past. However, they may be surprised to learn that asbestos can be found, in some form, in nearly 80% of structures built prior to 1978. Asbestos materials can be found almost anywhere in the home but are most common in pipe linings, boilers, insulation, and HVAC ductwork. This is not to say however, that all these…
This is the lowest that rates have been in years!!! And remember, each point dropped translates to saving about $100 per month on the same loan. So, that general rule of thumb might help to put this into perspective. I wanted to pass today's rate along to you, since we're not sure how long it will be this low. Between the low home prices, the large selection, and these good rates, it's a great time to buy real estate right now - especially for investors!
For more info on current rates, call Leah or Joel with Carolina One Mortgage at 843.795.7810!
Many buyers have been asking about the tax credit for home buyers coming up this tax year. Although this topic has gotten a lot of coverage in the news, people have gotten really confused about what it is. So, I wanted to clarify some of the misconceptions I’ve noticed when talking to home buyers.
The biggest misunderstanding about this tax credit is that every home buyer does not get it. This credit is only for first time home buyers. But, the good news is that the government usually defines people who haven’t owned a home in 3 years as first time buyers. So, you may not technically have to be buying your first home in order to qualify for this incentive.
Another misconception with this tax credit is that buyers think this credit is free…
Not too long ago, buyers were able to purchase homes without making a down payment. There were several options for these zero down loans, such as Fannie Mae’s My Community or Du Flex loans. An around the way (but quite popular) option for doing this with FHA was getting the seller to contribute the down payment money to a non profit organization like Nehemiah or AmeriDreams, which then granted the money back to the buyer for a fee.
Despite the popularity of such loans, lenders are now realizing that these kinds of loans did more harm than good. In short, there is no such thing as a $0 down mortgage anymore. Fannie Mae has raised guidelines for their loan products and is not allowing zero money down now.
However, borrowers who were…
I wanted to include some information about a new listing in Manning, SC, since it can be difficult to find historic homes like this one with so much acreage. Classic Antebellum Plantation Home in the Greek Revival Style majestically set on 89 acres. Home built for Edward Bertrand Davis and is known as The Davis House on The National Register of Historic Properties. This home is constructed entirely of heart pine and cypress with two circular stairways made of mahogany. The original window panes and shutters grace the mansion. Northern soldiers occupied this home during the War Between the States, and it was one of the few spared from flames. Outstanding features include Great Entrance Hall with dual mahogany staircase, formal…
As the largest neighborhood in Charleston, the Park West community in Mt. Pleasant makes its way onto many home buyers’ short lists of neighborhoods to consider. The traffic lights at the two entrances on Hwy 17 and Hwy 41 allow easy access to and from the rest of Mt. Pleasant. Prospective buyers are generally very impressed with the reflecting pool and landscaping upon entering the community. And the subsections are more hidden compared to other communities. Overall, Park West feels quite secluded from the rest of Mount Pleasant. There are lots of trees, green spaces, and walking trails throughout. Much of this will probably be developed in the future, but for now residents can enjoy a good deal of space between many of the subsections.
Home…
Charleston home buyers can now go to many websites and create an MLS search to find their next home. Our website is one of many that provides this free service. We get a lot of questions from home buyers about how to use the MLS search feature, so I wanted to answer some of these in order to help buyers looking for homes. And, these are applicable to almost any website that allows you to search the MLS for homes in Charleston.
1) What is the MLS? MLS stands for Multiple Listing Service, and it’s what home buyers use to find homes for sale in the Charleston area. There is one MLS for the entire Charleston area. So, if you’re looking in multiple areas (like James Island and Mt. Pleasant, for example), you can search all of the current listings in one…
We work with a lot of home buyers relocating to the Charleston, SC area. Many of our clients are not familiar with Charleston real estate – the prices, the many areas, and the availability of homes. So, before we can find the right house for them, we often have to find which area in general meets their needs. I’ve organized Charleston real estate into 6 sections so that you can get a feel for the main areas of Charleston. Of course, these are not all of the areas – but they’re the main places that Charleston residents consider “Charleston real estate”:
1) Mt. Pleasant is usually one of the first choices for Charleston home buyers. It has some of the best schools in the Charleston area along with a great location. It’s about 20 minutes from downtown…
Historic Charleston, SC is a top tourist destination in the country. And, it’s one of the few areas in the low country with a style of houses all its own – the Charleston style single. As the oldest port city in the country, Charleston has a rich history that is reflected in its architecture. Few cities in the United States have so many homes dating back as far as Charleston has – some of Charleston’s oldest homes were built in the early 1700s.
Downtown Charleston (also called the Charleston Peninsula) is usually the first area in that people consider for historic homes in Charleston. Many of the homes are on the National Register of Historic Places. Some of the oldest (and most historic) of Charleston’s homes are located in neighborhoods like…
