About dunes properties of Charleston

dunes properties of Charleston is a real estate, vacation rental and property management company representing the Lowcountry with almost 80 exclusive Charleston beach vacation rental properties, 70 real estate agents and employees, four full-service offices. Nobody knows the Charleston Coast better.

Isle of Palms Office

1400 Palm Boulevard
Isle of Palms, SC 29451
843.886.5600

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Folly Beach Office

31 Center Street
Folly Beach, SC 29439
843.588.3800

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


The Real Estate Studio

214 King Street
Charleston, SC 29401
843.722.5618

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


Kiawah Seabrook Office

1887 Andell Bluff Boulevard
Johns Island, SC 29455
843.768.9800

Real Estate Inquiries:
realestate@dunesproperties.com
Vacation Rental Inquiries:
vacations@dunesproperties.com


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Short Sale…no thanks. Just show me a motivated seller.

Short Sale…no thanks. Just show me a motivated seller.

Everybody wants a deal, and now is the time.  Don’t believe it’s the time to buy Real Estate yet?  I disagree.

I must admit as a Realtor I may sound somewhat biased, but I practice what I preach.  I’m a Buyer myself.  I’ve purchased 3 homes myself in the last 2 years and tried for a fourth just last week losing out on a home that had 6 offers on it within days of coming on the market.  Are you thinking that must have been a good deal?  It was.  1600 square foot ranch home on James Island in a great neighborhood (mine in fact).  List price…$99,000.  Not a short sale.  Not bank owned.  It was an estate sale being executed by an attorney.  Motivated Seller.

I avoid short sales. When I hear short sale,  I think headaches and heartbreak for almost everyone involved.  You can find a deal that way.  And if you really love a property in a short sale situation, I would definitely attempt to purchase it via short sale first.  But in my experience, you still may be paying more than you need to… but that’s a conversation for another day.

Motivated Sellers come in all forms and I do my homework to find them.  I watch bank owned and estate sales.  I watch for multiple reductions in a short period of time.  I watch for major reductions.  But these are not the only telling factors.  People need to sell for all kinds of reasons…job transfer, loss of job, marriage, divorce, kids, up-sizing, downsizing, graduation, retirement, travel, health reasons and yes, financial reasons.  These motivating factors happen in any market.

Here are some examples of the motivated sellers I’ve found for my buyer clients in the last 6 months:

Downtown Charleston – 1025 sq ft house with 2 off street parking spots and a yard. 1 block from Marion Square and steps off Calhoun .
Purchased for $190,000 – Tax appraisal valued the land alone at $228,000. Bank owned multiple offer situation.
(Link to listing – 2912368)

Folly Beach – Full .24 acre street to street lot with main house of 1500 sq ft and two 1 bedroom cottages on same property. 3 blocks to the beach.
Purchased for $360,000 – 3rd lowest residential purchase on Folly Beach in the last 3 years. Estate sale multiple offer situation.
(Link to listing – 2902489)

Mariners Cay – 2 bedroom, 2-story condo with views overlooking Folly River and the Marina
Purchased for $215,000 – Lowest priced purchase in Mariners Cay the last 5 years. Motivated out of town Seller.
(Link to listing – 2906274)

James Island – 3 bedroom, 2 bath, 1528 sq ft ranch home in Lighthouse Point
Purchased for $120,000 – Bank owned property multiple offer situation.
(Link to Listing – 2828792)

West Ashley – 2 bedroom, 1 bath single family home in Parkwood Estates
Purchased for $101,000 – Bank owned property multiple offer situation.
(Link to Listing – 2921950)

There ARE deals out there.  When they are this good, they don’t last more than a few days and sometimes they are under contract in hours. I can notify my clients within minutes of them coming on the market.   I’m not a salesman. I present my clients with the facts, the comparable sales and they decide for themselves. The Charleston area is full of deals, and I can help find them.  Feel free to call or contact me with questions.

-Eric Peth

eric@ericpeth.com

cell: 843.252.7800

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