When is it Time for Home Buyers to Buy?
Like the rest of the USA, Charleston has seen its fair share of large inventory, reduced prices, short sales and foreclosures.There are many buyers who are able to take advantage of these great opportunities.However, there are those who are waiting, but when is waiting too late?I read an article from Realtytimes and they stated the six signs It's Time for Home Buyers to Buy: Inventories start to decline: That means that the best buys are leaving the market and best doesn't necessarily mean cheap. It means the homes with the highest likelihood of profitable resale. Desirable homes will leave the market
Dealing with an Eyesore Next Door
In a buyer's market, curb appeal - yours and the neighborhood's - becomes even more important. Fresh paint, a new front door and colorful landscaping often are sure-fire ways to tease potential buyers over the threshold of a home for sale. But in some cases, no matter how perfect your pansies, nothing can draw their gaze past the tired-looking two-story buried in weeds next door. More than 60% of 900 people surveyed by contractor-referral site ServiceMagic.com said they have or have had neighbors who make the street look bad by not taking care of the outside of their homes (21%
What to do with your Real Estate investment in the "Slow Season"
Has this year been a not so successful attempt in selling your home? Have you had showings with feedback that only frustrates you? Such as the kitchen is dated, bad paint colors, the carpet is awful? So what do you do? One option is to not sell and stay in your home for a little while longer, the other is to lower the price to sell or the third is to use the money that you would give up in a “low ball” offer and use it to your advantage so there isn’t money left on the table. Personally, I
To Rent vs. Own in a "Slow Market"
Many people are unsure what to do in respects to the real estate market here in Charleston. Some are renting and waiting for the market to “bottom out” while others are buying properties at low prices by offering low offers, searching for distressed properties or at auctions.These questions below have been provided by realtor.org and are helpful as you make that decision:For Sellers:Who will tend to the property and pay for routine maintenance?Who pays for major repairs?What are the costs of setting up and managing an escrow account for the portion of rent allotted to the down payment?Will you manage