Find out the latest in what's happening with Charleston Real Estate


Tax Tips for Charleston Homeowners Looking Ahead to 2010 Returns

Mon, Dec 13th 2010 6:08 pm by Donald Russell General

From energy tax credits to vacation home deductions, check out these tax tips for Charleston homeowners looking ahead to 2010 returns.

Charleston Home Investment

 

Claim remaining energy tax credits

It's time to get cracking if you didn't exhaust your full allotment of residential energy tax credits during 2009. Although tax credits for big projects like residential wind turbines and solar energy systems have no upper limit and are good through 2016, energy tax credits capped at $1,500 expire at the end of 2010. Eligible capped projects include new windows and doors, insulation, roofing, water heaters, HVAC, and biomass stoves.

Here's how it works with capped federal credits: You can earn energy tax credits wor...




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Best Deals on Christmas Trees in Charleston, SC

Sat, Dec 4th 2010 12:56 pm by Donald Russell General

Okay...I know you are thinking why is there a blog on a Real Estate website about where to find the best deal on a Christmas Tree in Charleston, South Carolina. Well...it is because I spent 3 hours hunting one down the other night with my wife, son, and dog Jasper and I thought it may save someone else a little bit of time.

 

Not only will this possibly help you with where to find the best deal but also some things I became educated on during our journey!!

We made 5 stops...here ya go...

 

Stop 1: A friend of ours told us about a GREAT place to buy a tree near Fiery Ron's Home Team BBQ off of Highway 61 so we headed that way and agreed that if we came across any other places on the...




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Looking for a Real Estate Agent(Realtor) in Charleston, SC? Here are a few questions to be sure you find the right one!!

Tue, Nov 23rd 2010 7:26 am by Donald Russell General

So...you are in the market for a World Class agent.

WAIT...before you call your sisters friends cousins brother and let him put a sign in your yard just because he is in real estate...READ THIS!!!

 

Charleston Realtors

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There are over 4,000 Real Estate Agents in Charleston, SC...

Through November of this year there are only 435 agents that have sold at least one home per month in 2010...

Less than 10% of Real Estate agents are making a living in Real Estate...be sure you find one that is!!! You do not want a new or part time agent...there are too many things that can go wrong in transactions these days...not to mention you need...



How to buy a bank owned property in Charleston!! (Series #2)

Thu, Nov 18th 2010 2:30 pm by Donald Russell Buyer Info

OK, now that you have a very basic understanding about some basic terms and putting in an offer on an REO let's talk about how to find some of the best deals.

Charleston Foreclosures

 

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First, of course, you should find a Realtor that is experienced and knowledgeable in buying and selling general real estate IN ADDITION to being experienced in REO's. I would highly suggest an agent that has worked both sides of these transactions...buying from banks and selling for banks. There are not many of these agents out there and always be sure to make sure they can back up what they say!! What banks have they listed and sold...



7 Tips for Staging Your Charleston Home

Thu, Nov 4th 2010 6:21 pm by Donald Russell Seller Info

Make your home warm and inviting to boost it's value and speed up the sale process.

 

Home Staging

 

1. Start with a clean slate

Before you can worry about where to place furniture and which wall hanging should go where, each room in your home must be spotless. Do a thorough cleaning right down to the nitpicky details like wiping down light switch covers. Deep clean and deodorize carpets and window coverings.

 

2. Stow away your clutter

It’s harder for buyers to picture themselves in your home when they’re looking at your family photos, collectibles, and knickknacks. Pack up all your personal decorations. However, don’t make spaces like mantles and coffee and end tables barren. Leave three it...




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Charleston Foreclosure Alternative: The Short Sale

Mon, Nov 1st 2010 5:43 pm by Donald Russell Short Sales

A short sale is far from hassle-free, but it’s a better alternative than foreclosure.

And now you’ve got a little help from your friends in D.C. Here are the facts about short sales and how to get started.

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Yard sign at home up for short sale

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After a short sale, you may qualify for a loan again in two years--quicker than you could with a foreclosure in your past.

Facing foreclosure and tempted to stay in your home until the bank pulls it out from under you? Bad idea. Don’t do it. A much more graceful exit is a short sale, an agreement between you and your lender to sell your home for less than you owe. Although there’s no guaran...




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Don't let pet odors derail your Charleston home sale!!

Sat, Oct 30th 2010 3:20 am by Donald Russell Seller Info

Don’t let pet odors derail your home sale.

 

Skunk

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Open the windows while you're cleaning to help air circulate and eliminate bad odors.

Having pet odors inside your home can turn off potential home buyers and keep your home from selling. Ask your real estate agent for an honest opinion about whether your home has a pet smell.

If your agent holds her nose, here’s how to get rid of the smell:

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Open Windows

 

Air your house out. While you’re cleaning, throw open all the windows in your home to allow fresh air to circulate and sweep out unpleasant scents.

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Lunch at Taco Boy in Downtown Charleston

Tue, Oct 26th 2010 2:10 pm by Donald Russell Restaurant Reviews

Donald, Jeremy, and Shawn ate lunch today at Taco Boy in Downtown Charleston.  We were joined by fellow agents Lindsey Michael, Becky Johnston, Currie McCullough, and Krystal Martin. 

Taco Boy is a very festive and vibrant Mexican Restaurant featuring fabulous tacos, quesadillas, and large assortment of margaritas!!!! They also have a Habenero Tequilla made in house!

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 Taco Boy Restaurant Charleston

 

 

 

 

 

 

 

 

 

 

 

 

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Donald ate about 5 lbs of chips and enjoyed the shrimp quesadillas while Jeremy and Shawn devoured a wide selection of tacos including: fish, shrimp, chicken, and steak.  We highly recommend Taco Boy  when you are in ...




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How to buy a bank owned property in Charleston, SC!! (Series #1)

Mon, Oct 25th 2010 12:24 pm by Donald Russell Buyer Info

Whether you are a first time investor, looking for a great deal on a primary residence, or a seasoned real estate investor…this may help.

 

Charleston Foreclosures

 

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First of all...for those of you that don't know a bank owned property, foreclosure, or REO are all pretty much the same thing. (REO-Real Estate Owned) Typically, an owner in arrears on their mortgage payment defaults on their mortgage and goes into foreclosure. The bank takes this property to the county courthouse steps and try’s to auction it off to the highest bidder...that is, as long as the highest bidder bids more than the reserve the bank has set for the property...which typically doe...




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Today's buyers save well into the future

Sun, Oct 24th 2010 9:45 am by Donald Russell General

In today’s economy, many factors influence the decision to buy a home – job status, financial ability, and family considerations among them. But one of the main reasons to consider becoming a homeowner in the current market is the affordability factor, which will benefit today’s buyers for many years to come. Some experts say that "NOW" is the best time to buy a home in our history due to low interest rates coupled with the over supply of housing inventory.

To put this into perspective, a buyer who purchased a median-priced home five years ago with an FHA mortgage and a  3 percent downpayment would have a monthly mortgage payment of $1,650.00. With today’s interest rates and median home ...



30-Year Mortgage Rates Plumb New Depths

Mon, Oct 18th 2010 10:28 am by Donald Russell General

30-Year Mortgage Rates Plumb New Depths
Freddie Mac reports that the average interest on 30-year fixed mortgages slipped to an all-time low, for the third consecutive week, to 4.19 percent.

At the same time, 15-year fixed-rate loans and the five-year adjustable-mortgage rate both also hit record lows. Rates on the former were 3.62 percent, while the latter averaged just 3.47 percent.

Source: The Wall Street Journal, Nathan Becker (10/15/10)



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Should you sell now or wait 6 months to a year?

Thu, Oct 14th 2010 5:17 pm by Donald Russell General

Here is an excerpt from an email sent to a prospective listing client regarding the value of her home now and in years to come:

Hey XXXX...It is really easy to pull comps for your place. There are others for sale and some that have sold that are almost identical to yours.
 
(These are all 3 beds and 2 baths built in 2003-2004)
 
Currently for sale:
                           Square ft     Price
5043 Westview        1240       133,900
5052 Westview        1182       135,000
5047 Westview        1240       130,000
 
SOLD:
5097 Westview        1269       135,500
4093 Napoleon        1260       130,000
5054 Westview        1240       130,500
 
A portion of this email has been deleted for blog use
 
Based on...



New Short Sale Tab on our website

Sun, Oct 10th 2010 9:33 pm by Donald Russell Short Sales

Please check out a list of short sale homes for sale in the Charleston area that we now have active on our website.  Visit www.chucktownhomes.com and click on the short sale tab at the top then select the area you are interested in. 




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Chucktown Homes Team

Wed, Jul 28th 2010 12:30 pm by Donald Russell General

Chucktown Homes offers our clients a complete range of services including:

Residential Sales on New or Resale Homes, and Vacant Lots

Short Sales and Bank Owned Properties

We have teams that specialize in Buyers and Sellers so you can be assured that you have a highly trained dedicated sales professional with very high standards, trust and integrity every step of the way.

We promote your home every chance we get by using an 888# on the sign, print advertising in The Real Estate Book and Homes and Land as well as listing your property on over 13 different websites and the Charleston Trident Multiple Listing Service.   

We take great pride in providing the most reliable, up-to-date info...



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Short Sales and Foreclosures

Fri, Jul 23rd 2010 3:15 pm by Donald Russell General

FREE list of Short Sales and Foreclosures!!

1-888-210-3348  (Fax or email report)

Charleston County X.600

Berkeley County X.700

Dorchester County X.800

Jeremy 843-478-8532

Donald 843-478-5015 



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New Website

Sun, May 2nd 2010 2:58 pm by Donald Russell General

Welcome to our new website... We've changed our website to better serve our clients with a better more user friendly way to search the MLS.  Please give us feedback so we can continue to improve our services.

 



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Seabrook & Kiawah Ready for Next Big Hurricane?

Tue, Aug 4th 2009 11:41 am by Donald Russell General

 

 

 Hurricane Hugo

While government continues to make the tax code seemingly impossible for the average citizen to understand, homeowners continue to discover how to manipulate exemptions and deductions to leverage their home investment. One 2007 tax law change, that I’ll bet few take advantage of is the catastrophe savings account deduction.

Kiawah and Seabrook residents are all too familiar with the outrageous expense of homeowners insurance (sometimes not even available), earthquake insurance, flood insurance, and wind and hail insurance. Many of my neighbors on Seabrook are surely “flying naked”,  (no insurance) as a result of this enormous expense and diffic...




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Rosebank battles Real Estate Agents

Sat, Aug 1st 2009 11:34 am by Donald Russell General
 Mackenzie & Redfish

 

     

Last summer, my father in law (Chris) was fishing during high tide in the salt water marsh on Seabrook when a surly looking man rode by in a boat. He asked if Chris had caught anything. It seems that fishing in the marsh- just off of six ladies trail- is either hot or cold. Some days the red drum (and sea rays) will jump into your lap and some days you can’t get even a nibble. This was one of those “no bites” days, Chris replied that he wasn’t having any luck. The man said “Try one of these”, and kindly threw him a shrimp. Chris asked him where he got the shrimp. The man replied “Up at Rosebank Farms, ” and motored off.

W...




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Coming Down Easier Than Going Up!

Tue, Apr 7th 2009 11:44 am by Donald Russell General

Showing our community pride in true Charlestonian fashion, I decided to enter ourselves in last week’s Cooper River Bridge Run. I have never run any sort of race before, so naturally I began training about a month before. Seabrook Island commissioned a tour bus to transport residents to the event, but we decided to drive ourselves so we could have more freedom after the race. Race Day came very early in the morning since we would need almost an hour to get downtown. We planned to park at the Aquarium, but were greeted with squadrons of police officers blocking off streets. Anticipating a sweaty run- I was sporting shorts and a T-shirt, boy was it chilly as we boarded the school buses down...




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