Marshall Walker Real Estate
https://www.marshallwalker.com/blog/2838-fox-lake-ct-charleston-sc-29414-1026098.html
2838 Fox Lake Ct Charleston Sc 29414 MLS# 1026098
Posted By: Marshall Walker In: Short Sales and ForeclosuresDate: Sat, Oct 2nd 2010 9:40 am
Short Sale in Charleston - we have identified this as a possible Residential short sale listing
1026098 - Residential - real estate Charleston, SC
IT IS A SHORT-SALE BUT TYPICALLY, YOU CAN BUY SHORT-SALES AT 2-10% OFF MARKET VALUE REPRESENTING A BETTER DEAL THAN A FORECLOSURE (SINCE THE BANK HAS SAVED MONEY ON THE FORECLOSURE COSTS AND PASSED THEMT TO YOU). THE USUAL SITUATION IS THAT MANY BUYER'S AGENTS ARE RELUCTANT TO SHOW SHORT-SALES TO BUYERS DUE TO PAST EXPERIENCES (THAT ARE NOT REFLECTIVE OF THE PROCESS IN THE SHORT-SALE OF THIS HOME). SHORT-SALES WITH CERTAIN BANKS ARE NOT USUALLY UNPREDICTABLE. WE ENCOURAGE YOU TO ASK YOUR AGENT SHOW YOU THIS HOME. PLEASE KNOW THAT AN EXPERIENCED NEGOTIATOR WILL BE USED TO COMPLETE THIS SHORT-SALE, WHO HAS A 95% SUCCESS RATE ON APPROVALS. THE EXPECTED TIME FRAME FOR APPROVAL IS APPROXIMATELY 60 DAYS (+/- 15 DAYS). THIS HOME IS IN GOOD SHAPE AND DOES NEED SOME SLIGHT MECHANICAL WORK. WITH A GOOD OFFER, WE MAY BE ABLE TO GET THIS WORK COMPLETED AND APPROVED BY THE BANK.