How Does Due Diligence Work in Real Estate?

When you make an offer on a home in Charleston- or even South Carolina, there are different contingencies that should be apart of any real estate contract.  Typical contingencies such as a home-sale, financing, appraisal, and inspection contingencies.  So what about due diligence, where does that fit in?

Regarding the home inspection contingency in paragraph 8 of the South Carolina contract, you typically can go one of two ways.  Either a Repair Procedure, or a Due Diligence Addendum.

The repair procedure spells out how long you have to complete any home inspections, but it specifically states in the contract which items are to be addressed.  Typically, these are major home items/systems such as Heating & Air systems, plumbing, electrical systems,…

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New Charleston Home Listings- Brand New!

New Charleston MLS Listings

These are NEW real estate home listings in Charleston, that are JUST LISTED on the market.  I'm sure there are plenty of you out there, tired of seeing dated information on Zillow or Trulia.  Well, this website has a direct feed to the Charleston MLS system, so all listings are update multiple times a day, and are brand new!

• Updated all day, every day
• New listings only. Those 7 days old or older are removed.
• Only listings that have come on the market right away.

These are typically the best deals for investors, and for home buyers as well (being new listings).  In this market, you have to beat out the other competing buyers, so get a jump on the competition!

Access the NEW listings here

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The most expensive home in Charleston, SC right now

Here is the most expensive home in Charleston, South Carolina

So I was up late last night viewing our Charleston MLS, and decided to do something fun.  Just like many of you searching for homes out there, I was just browsing different types of houses, types of land, foreclosures, etc.

You see, one of the great perks of being a realtor in Charleston (as you can imagine) is having access to all of the houses on the market here in Charleston, and all of the neat ideas that homeowners think of when decorating their house. Kitchen ideas, bedroom or master bath ideas, etc.  But not to get off topic too much- as I was looking through all of the home listings I decided to look up the most expensive house house in Charleston.

I knew it might be quite…

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I need your help!

I am asking for your help!  I am participating in the American Lung Association's Fight for Air Climb because breathing shouldn’t be an uphill climb.

I invite you to join me and participate in the Fight for Air Climb on July 25, 2015 at the North Charleston Coliseum! My team will be one of hundreds competing to make up and down the many stairs of the North Charleston Coliseum. It won’t be easy, but if you are up to the challenge, breathe in, step up and get ready to experience the climb of your life. If you can’t climb with me, please make a tax-deductible donation to my Fight for Air Climb team by visiting my Personal Page. (PLEASE DONATE HERE, and click on the 'Donate to Mike!' link).

• Lung disease is the third leading cause of death in the…

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Is Your Home a Reflection of You?

We all use our home as our place to reside- but it's much more than that.  It reflects our personality, our character, and our sense of style.  But a home is also a place where we can get very creative and express our talents.  It's an opportunity to go against the grain and not be so "cookie-cutter".

Here are some pretty amazing homes from around the world, where many of these folks have gotten very creative.

The following is a bio-climatic solar house in Eastern France.  The house was designed as a three-dimensional sundial that keeps cool in the summer months, and warmer in the winter months:

This one is a sun-dried brick home in Mexico and is 130 feet in diameter, with a large natural boulder as its roof:

This is a "rotating…

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Real Estate Stats on The Charleston SC Real Estate Market

Are We in A Sellers Market in Charleston?

Let's take a look at the recent statistics that have come out regarding the Charleston real estate market.  A few notes to consider and look at:

The "Sellers Market" areas are highlighted in yellow and have increased in the below $250,000 ranges, indicating an average of 4month absorption rate and the $250,000-$500,000 ranges indicate an average of 5month absorption rate, based on the recent past sales history.  See below:

Click Here to download the PDF for better viewing.

The following is the latest Quarterly Report for Charleston shows the latest residential statistics for the Tri-County area of Charleston:

The Supply and Demand - shows below the $450,000 price range there is more…

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Charleston SC Mobile Real Estate Website

Search Charleston SC Real Estate via Our Mobile Website

We are proud and excited to introduce our mobile platform for Android phones, IPhones, and BlackBerry devices, too!  Not only is our normal site a "responsive design" which adapts to any mobile platform, tablet, Ipad, or phone- but our Charleston real estate mobile website is specifically made for users on the go.

Here are a few unique and great features of our Charleston mobile real estate website:

• You can view any home within a 5 mile radius from you, in an overhead map view.  Search any home on the street you're on!  This is a great means of going out and house-hunting yourself, and finding prices, statistics, and how long a house has been on the market- without contacting a realtor!
…

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BuyingCharlestonRealEstate.com Has a New Look!

Our Website Has Had a New Makeover

We've enjoyed providing a great website for buyers to view new home listings for the Charleston real estate market for many years now, and now we're even more excited to unveil our new look!  With how quickly technology catches up to you- before you know it, it's time to update- and so we did.

The new website has the latest technology for buyers and sellers alike, with great features such as:

• A completely separate mobile platform.  While this website is a "responsive design" and will automatically resize to the device you're using- we also have a separate mobile site for phone users on the go.  It'll actually pull up the houses nearest you, wherever you are, right on your street (with interactive Google…

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The Most Expensive Homes Sold in Charleston, SC in 2013

These are the top 10 most expensive homes sold in Charleston, SC for 2013. Every year I make these Top 10 lists, the houses continue to climb in price. There's a reason for that- Charleston is a wonderful destination for many with our city deeply rooted in history, our picturesque skyline, our wonderful Charleston Harbor, and our surrounding beaches and fantastic climate. There's no wonder why Charleston continues to attract attention from around the world!

So without further adieu, here is your Top 10 most expensive homes sold in Charleston, South Carolina for 2013!

#10.  1009 Middle Street, Sullivans Island. This beautiful historic home was constructed in the 1850's, and has oceanfront views along with views of the Charleston Harbor and Ft.…

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Charleston Voted #1 City in the US for the 3rd Time!

Charleston, SC Does it Again

Great job, Charleston! Voted #1 US City by Conde Nast Traveler readers! The secret is out, you are definitely no longer the East Coast's best kept secret!  Elise- Charleston loves your local voice, too- glad to have you!

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