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Posts from May 2013

Old Colony Real Estate Market News

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May
28

It's finally here! Closing day! Before you get swept away in the excitement of a new house, make sure you remember some important points with the home closing process. Here are some thoughts to consider.

  1. Know exactly what you are buying. Buying a home is a major investment. Do your homework and make sure the property has been inspected and you know exactly what you are getting.

  2. Know how you are paying. It's important to educate yourself on the type of loan you about to inherit, when payments are due, what the interest rate is and any penalties associated with the loan. When signing the paperwork, ask questions and make sure you understand the terms of the loan.

  3. Know what out of pocket expenses are associated with the closing. Although you have a loan, there is a possibility that some money will need to be paid out so the closing can proceed smoothly and the closing happens on time.

  4. Know if you're "turne...

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May
14

You're finally ready to buy. You have worked hard to get to where you want to be and you have a plan. However, part of that plan contains a degree of uncertainty-knowing how long it will take to find the right home. In a tight real estate market, this could take some time. Valuable, precious time so don't waste it!

Patience is crucial to make the best decision possible when selecting a home. The best way to prepare is to make a list of the most important items of the home. Always remember that there will be other buyers with possibly the same list of factors that they want in a home as well. If you aren't the winning bidder for a home, make sure you have a plan in place to continue and don't let a setback discourage moving forward.

Being realistic is also important when home shopping. Not every home will have all of the features you are looking for so make sure you select features that are deal breakers when searching. Seeing a home in person versus an online listing...

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May
6

Old Colony is now a part of Charleston's biggest yard sale held on Charleston's East End. This year, May 11 from 8am until 2pm (rain or shine) serves as the date for 2013 Old Colony East End Yard Sale, which is held in conjunction with East End Main Street and the East End Community Association. 

Going 23 years strong, this event brings out more than 3,500 bargain hunters one spring Saturday a year to the historic East End of Charleston who search for everything from furniture one of a kind household items among the 200 sellers for this event.  Non-residential selling spaces are sold out but spaces are still available for residential sellers from the East End by visiting charlestoneastend.com for a registration fee of $10.

Old Colony recognized the longevity and community spirit behind this event and knew that partnering with the East End Association was a perfect fit for their goal of being involved in...

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