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Barbara Corcoran’s Buy Now Advice. Charleston, SC Foreclosure, Short Sales Opportunities Available.
Mar 12, 2009 • By Places Real Estate • 0 Comments
On this morning’s Today Show on NBC, Barbara Corcoran made several good points about buying real estate in today’s marketplace, especially the foreclosure market and short sale opportunities.
Now is a good time to buy for the savvy investor. Most people make money in real estate when they buy, not when they sell. Buying in a down market is great for those that have the resources and borrowing capacity.
Stick to What You Know. Buy properties in your local market and in your own backyard. You, and your real estate agent, know certain neighborhoods better than most everyone else.
Buy the Block, Not the House. Certain blocks and areas of neighborhoods can command as much as 20% more.
These are all good ideas. But the number one strategy is to do your research, investigate the properties, and know the risks involved. It’s not for everyone.
Need assistance, contact us and we’ll be happy to guide you through the real estate buying process in Charleston, SC. Need a list of buying opportunities, short sales, or foreclosures? Let us know.
Categories also posted in: Charleston, Daniel Island, Foreclosures, Homes for Sale, Housing Market, Isle Of Palms, Kiawah Island, Land, Mount Pleasant, Mt. Pleasant, Real Estate, Residential, Short Sales, South Carolina, Sullivan's Island, Summerville, West Ashley