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The future for real estate is bright in Charleston
Find a new home in Charleston The outlook for the real estate market in Charleston South Carolina is excellent. Reasons to be optimistic about the future of real estate in the greater Charleston area abundant. Here are a few. The general consensus among Read More...

Posted Thursday, November 05, 2009 9:56 AM by Chris DeLoach, ABR, SFR, BIC | 0 Comments

Buying a short sale - a great deal but can you handle it?
Charleston Real Estate Site There is nothing "short" about a "short sale". Among the real estate misnomers, this is a classic one. Short sales take a long time. They are hard for the seller. They frustrate buyers. They are among the Read More...

Posted Friday, October 02, 2009 3:12 PM by Chris DeLoach, ABR, SFR, BIC | 0 Comments

The lesser of two - the short sale
Charleston South Carolina Real Estate A short sale is a sale that occurs where the closing price is less than the balance owed on the seller's mortgage and the seller will not be making up the difference to satisfy the mortgage. A short sale can result Read More...

Posted Friday, October 02, 2009 3:01 PM by Chris DeLoach, ABR, SFR, BIC | 0 Comments

Buy a home, get a rebate vs Buy a home using the best agent
Charleston Real Estate A hot real estate market over the past decade has brought with it a lot of changes for the real estate industry. Changes in technology have also been key in altering the way the public and the real estate profession sees the role Read More...

Posted Tuesday, November 18, 2008 12:05 PM by Chris DeLoach, ABR, SFR, BIC | 0 Comments

It is really a rebate, a kick back, or a gift?
Charleston Real Estate Search the Charleston MLS Rebate is from14th century English, in effect, to deduct. Re-bate is to “un-deduct” - or, simply, give back. Now by this definition, and the usual concept of rebate we all well understand, the Read More...

Posted Tuesday, November 18, 2008 11:55 AM by Chris DeLoach, ABR, SFR, BIC | 0 Comments

Do the banks REALLY have all of that much money?
Banks have a lot of money … but they don't have enough money to provide all the funding for loans that they need in order to be profitable without the help of the larger secondary market. The secondary market is where the primary lender can Read More...

Posted Wednesday, March 12, 2008 11:35 AM by Chris DeLoach, ABR, SFR, BIC | 0 Comments

Risky business
With all the talk in the media about defaults and foreclosures, it’s not a bad idea to have an understanding of how loans are issued and how banks are protected when they issue loans. I t is getting harder to get a loan – even for well qualified Read More...

Posted Wednesday, March 12, 2008 11:24 AM by Chris DeLoach, ABR, SFR, BIC | 0 Comments

It's not your mortgage
Let’s first eliminate a common misunderstanding. Banks do not GIVE mortgages. If you have a home with a mortgage, the bank owns the mortgage. How did they get it? You GAVE it to them. Most people say that they are going to get a mortgage when in Read More...

Posted Wednesday, March 12, 2008 10:57 AM by Chris DeLoach, ABR, SFR, BIC | 0 Comments

Scuttled: mortgage company sinks closing
I was involved in the situation recently that illustrates how important it really is to use the right lender. If you have ever been under the impression that a pre-approval letter is a guarantee that a lender will issue a loan, read on. Two months ago Read More...

Posted Friday, January 26, 2007 8:50 AM by Chris DeLoach, ABR, SFR, BIC | 0 Comments