This is good news for Sellers who are competing against foreclosures in their neighborhoods and for homeowners whose property values have been negatively affected by the low values of foreclosed properties. As of this posting, there are only 247 Foreclosures in the Charleston area. This is down again from our last posting back on April 12th. View all currently active foreclosures.
If you are a homeowner behind on your mortgage payments, this next article may provide you with some solace and, perhaps the ability to take part in a workout option to save your home. On Wednesday of this past week, it was announced that a moratorium has been placed on all foreclosures in progress (those not already foreclosed on). To read the entire article, click here.
For more information on buying a foreclosed property in the Charleston area, contact us at 843-343-7640 or email us at teamdehaven@century21properties.com.
Best,
Jed & Melanie DeHaven, Century 21 Properties Plus, Inc.