Foreclosure notice of default in SC– what is it?

live in Charleston and get a foreclosure notice of default?

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading.

Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure.

The foreclosure notice of default must be sent to anyone who has an interest in the property (any other loans, lenders, or even contractors who are owed money for work done to a property will get a copy).

The foreclosure notice of default must also be published in a newspaper and physically posted in a prominent place on the property itself.

Although this can be really embarrassing to someone going through foreclosure, it’s actually a very important protection for consumers.

Back before US law required a notice of default, people were sometimes foreclosed on without any warning.

In fact, it’s happened even in the past few years – at least one bank has accidentally foreclosed on the wrong property and kicked people out of their house without due process or warning. It’s even happened around Mt. Pleasant.

The notice of default is a very important step within the foreclosure process that gives people with an interest in the property to step forward and claim their rights – before it’s too late.

If you’ve received a notice of default, don’t wait. Time is definitely of the essence, and you should take action.

Here are a few key steps you should take:

1) Stay calm and don’t panic.

This may sound obvious, but it’s probably the most important. Anyone in foreclosure is dealing with a lot of stress beyond just the property. These situations don’t happen overnight, and they take a while to solve. You’ll get through it by practicing good coping techniques and taking good care of yourself and your family. Panic leads to bad decisions, so stay cool.

2) Educate yourself.

Learn everything you can about the foreclosure process in your state so that you know what’s happening and what’s coming up next.

3) Gather your resources.

There’s also many non-profit and government resources available out there. You’ll want good legal and tax advice along the way. Definitely don’t try to do it all yourself. This stuff is super complicated with lots of rules.

4) Learn your options.

We’re here to help you avoid foreclosure. We buy houses with cash. We can help you with short sales and even rent-back situations so you (potentially) may be able to keep living in your home. There are many more options than you think.

5) Communicate.

The banks involved don’t want your property. They want money, and what you say matters a lot. You can slow down or stop the foreclosure process if you take the appropriate action.

Want to know more?

Call us anytime (843) 800-2705. or connect with us on our website
and we’ll lay out all of your options for your specific situation.

The post Foreclosure notice of default in SC– what is it? appeared first on We Buy Charleston Houses.

If you’ve gotten a foreclosure notice of default and want to know what the heck is going on, keep reading. Basically, a foreclosure notice of default is a document that has to be filed by a lender to start the process of foreclosure. The foreclosure notice of default...

How To Sell Your House With Tenants In Charleston

Do you own an investment property in Charleston that you’d like to sell? When other people are living in your house, the selling process can become a bit more complicated. In our latest post, learn more about how to sell your house with tenants in Charleston!

As a landlord, there may come a day when you wish to sell your house. Even if you have tenants, it is your property and you may sell it if you wish. In some cases, you’ll be able to let your tenants know, and it won’t be an issue. However, you also don’t want to risk losing your tenants and being stuck with a vacant house while your house is on the market. That said, the tenants have rights, and you want to make sure you aren’t violating them.

Below, we discuss common things that arise when you decide to sell your house with tenants in Charleston.

Sell Your House With Tenants

The Lease Situation

What does your lease situation look like? If you have a month to month lease, ending it shouldn’t be too difficult. You’ will need to provide a fair amount of notice to your tenant, typically 30-60 days. If you are in the midst of a fixed-term lease, things are a bit different. If you want to sell mid-lease, you’ll either need to sell the property to an investor who will honor the lease, or give your tenant some sort of incentive to move out. Some leases contain early-termination clauses that would allow you to end the lease early in certain situations. Remember, the tenant has rights too under the fair housing act, and if you violate those rights, you could find yourself penalized.

If You Have Difficult Tenants

If your tenant has violated their lease, you should be able to evict them without an issue. That said, if your tenant is refusing to leave, the eviction process can become long and arduous. Most landlords try to avoid dealing with evictions at all costs. By selling your house with tenants directly, you’ll be able to avoid the eviction process yourself and be able to move on from the property with cash in hand. Many direct buyers will simply take over the lease and business will go on as usual. If the tenants are in violation of the lease, the buyer will go through the eviction process as necessary. Plus, a direct sale will help you avoid having to list, market, and show the property, things would likely cause even more tension between you and your difficult tenants.

Selling Directly

There are many reasons why a direct sale is beneficial for people who need to sell their house with tenants in Charleston. Investors are happy to take over a property that already has a tenant in place, especially when they are in good standing. It saves them time and money advertising, marketing, and showing the property. They won’t have to bother screening tenants or running the background checks because those things have already been done. Even if there is a difficult tenant living in the home, an experienced investor won’t have trouble pursuing the eviction process if the tenant is in violation. They have likely had to do it before, and won’t be bothered by the process.

If you want to sell a house with tenants in Charleston, there are certain ways to go about doing it. Always make sure you are being fair to your tenants, and giving the proper amount of notice. Not only is it the law, but it is the right thing to do.

To get more information about how to sell your house with tenants in Charleston, send us a message or give us a call today!

Get Fair Cash Offer Today

The post How To Sell Your House With Tenants In Charleston appeared first on We Buy Charleston Houses.

Do you own an investment property in Charleston that you’d like to sell? When other people are living in your house, the selling process can become a bit more complicated. In our latest post, learn more about how to sell your house with tenants in Charleston! As...

How to Find a Good Real Estate Agent in Charleston

Hiring a real estate agent in Charleston can be frustrating. So what are the steps on how to find a good real estate agent in Charleston?

Many local large real estate brokers will spend thousands of dollars each month to ensure that their agents are the most visible, whether it be online, in the Yellow Pages, or by erecting giant billboards in the most trafficked sections of Charleston.

However, the agents backed by the most promotion dollars aren’t always the best, and may not be a good fit for your circumstances. In today’s piece, we’re going to look at how you can find a good real estate agent in Charleston.

[NOTE: If you need to sell your Charleston house fast and can’t wait the 3-6 months+ it is taking to sell a home on the local market… we may be able to help by buying your house from you. We can make you an all-cash offer within 24 hours on your house in as-is condition. ]

How To Find A Good Real Estate Agent In Charleston – Get Reviews… Real Reviews

Online reviews of real estate agents are easily manipulated, and can be often times little more than paid advertisements. It’s important to get honest reviews from any agent that you’re considering, and any reputable agent will be glad to provide you with recent clients.

Also, reviews are one of the best ways to see how any real estate professional does out in the marketplace.

As a last way to check out the agent… hit Google and type in “[name of agent] reviews” and see what pops up in the Google search. If you see a bunch of bad reviews on websites like yelp and others… see if the agent tried to engage with those negative reviewers online to resolve the situation.

Ask the Right Questions Of The Local Charleston Real Estate Agent

Ask the agent (or better yet, his or her former clients) the following questions to gauge the agent’s skill, and ability to represent you as a buyer or a seller:

  • Was there any part of the process of buying or selling a home that clients were pleased or particularly displeased with?
  • What was the asking price?
  • What was the sales price?
  • What properties have you worked with in my location?
  • What about similarly sized properties?

It’s important to choose an agent who has experience working with homes similar to yours.

Check The Real Estate Agent’s Credentials

Check with your state’s real estate regulatory authority to verify the agent’s licensing. While you’re on that website, you’re also often able to look into regulatory actions and complaints against the agent.

You should also ask the agent how long they’ve been buying and selling homes. If they’re representing an agency, ask how long they’ve been with that particular agency, and their history with other firms.

Above all, it’s important to choose a real estate agent in Charleston that you can trust. Regular communication is extremely important when selling your home, as in many cases, a house represents the majority of your net worth. A good agent will be able to answer questions such as:

  • How many inquiries have been made about my home?
  • How many of these inquiries came from people likely to make a purchase (not just window shoppers)?
  • What other properties in this neighborhood are for sale? What is the asking price of those homes?

Ask The Local Real Estate Agent How They Plan On Selling Your House

Sometimes going the direct route is the best. In the case of looking for a local Charleston SC real estate agent, ask them how they intend on selling your house for you that the other agents in town won’t do. And see what their answer is.

Usually the great ones actually have a marketing plan and will get your house out there and on the market in a big way.

This Is Where Low Priced Isn’t Always The Best

Often times Charleston SC home sellers want to go with the lowest priced option.

Heck, when you look at the numbers… if a real estate agent is earning 3% on a $100,000 sale… that’s $3,000 in fees just to 1 real estate agent (usually both agents representing the buyer and the seller earn commission)… it isn’t cheap.  But just really do your research before you go with a cut rate agent or a flat fee agent… because that usually means that the service you’re getting is also a lower level service.

Some of the best real estate agents in Charleston have great marketing systems and are able to sell homes faster and for higher prices.  So even if you find someone to sell your house at a 1.5% fee… look long and hard at whether you’ll be saving money long term.

The same goes for selling your house to a local real estate investor like Charleston Property Solutions, LLC.  The highest priced offer isn’t always the best. Look at the terms of the deal the house buyer offers you… and ensure they can close on-time… because every month that goes by costs you money (your mortgage, taxes, insurance, utilities, etc.) to hold the property.

It’s important to avoid low-quality real estate agents. These could be “rookies” who will do anything to make their first sale (including leaving dollars on the table). A good real estate can make selling your home an extremely smooth experience, and will work in your best interest.

So go out there and do your research and find a local real estate agent.

If you need to sell your house fast… we’d love to make you an all-cash fair offer on your house.

We can make you a no-obligation offer in 24 hours or less and you can weigh that option against going with a real estate agent.

Just click the link below and fill out the short form on the next page to get the painless process rolling.

Need To Sell Your Charleston SC House Fast?

Submit Your Basic Property Info For A Fast Cash Offer >>

The post How to Find a Good Real Estate Agent in Charleston appeared first on We Buy Charleston Houses.

Hiring a real estate agent in Charleston can be frustrating. So what are the steps on how to find a good real estate agent in Charleston? Many local large real estate brokers will spend thousands of dollars each month to ensure that their agents are the most visible,...

5 Tips For Making The Sale Of Your House Quick And Painless in Charleston

The sale of your house in the Charleston area can be a fast and efficient process. It doesn’t have to be the long and drawn out process that so many people dread. Explore the alternative ways to sell your Charleston house that can potentially save you time and money. 

Many people think that they need to hire an agent to sell their Charleston area house, however, this simply isn’t the case. Many homeowners are choosing to sell their properties on their own or directly to a professional buyer. The latter will allow you to sell quickly, without any cost or appraisals. Below are 5 tips to help you make the sale of your Charleston house quick and painless!

Tips For Making The Sale Of Your House Quick And Painless in Charleston

1) Find A Reputable Direct Buyer

The fastest and easiest way to sell a house in Charleston is to get an immediate and direct offer. At Charleston Property Solutions, LLC, we are able to make you an offer right away, closing in only a few short days. By selling your house directly, you will avoid things like agent commissions, repair costs, marketing expenses, and the continued costs of ownership. We are able to close in only a few days. If you use an FSBO listing or hire a Charleston real estate agent, the process can take months. This equates to thousands of dollars spent each month on taxes, insurance, utility bills, and maintenance.

2) Sell Your House As-Is

In many cases, throwing more money at a house you want to sell doesn’t make much sense. People will invest their money into repairs and upgrades that don’t provide any real returns. By selling your Charleston house as-is, you will allow the new buyer to renovate the house according to their tastes. Charleston Property Solutions, LLC can make you an offer on your Charleston house right away because we always buy as-is. This will help you to avoid the repair and upgrade costs altogether.

3) Avoid Selling Fees And Commissions

To avoid all agent commissions and fees you can opt for a “For Sale By Owner” Listing, or you can choose to sell directly to a professional homebuyer. By skipping the middleman, you will be able to keep the 6% commission in your pocket. Some agents also charge for marketing and administrative costs. If you are planning on hiring an agent, make sure you know what exactly is covered in your listing agreement as not all agent are the same.

4) Organize Your Belongings Beforehand

Most people don’t enjoy the moving process. Instead of becoming overwhelmed by the process, plan ahead so when moving day comes, you don’t feel unprepared. Clear clutter, and get rid of unused items that often pile up such as, clothing, toys, and magazines. Pack away anything that isn’t necessary, so you can just pick up and go once the house sells. This can also be beneficial if you decide to list. If your house is on the market, the fewer personal effects around the house, the better.

5) Compare Your Options

There are a number of ways to sell a house in Charleston. You can opt to hire an agent as long as you are ok with the upfront costs, and no guaranteed sale date. An FSBO will work best if you have some real estate knowledge. Keep in mind, everything is on you from showing the property to processing the paperwork to answering all of the buyer’s questions.  With a direct sale to Charleston Property Solutions, LLC, we will handle everything. You won’t have to deal with cleaning, repairs, staging or paperwork. We make things simple so you can sell and move on.

Do you want to learn more about how to make the sale of your house quick and easy? We are here to help! Contact us today for more information! (843) 800-2705

Get Fair Cash Offer Today

The post 5 Tips For Making The Sale Of Your House Quick And Painless in Charleston appeared first on We Buy Charleston Houses.

The sale of your house in the Charleston area can be a fast and efficient process. It doesn’t have to be the long and drawn out process that so many people dread. Explore the alternative ways to sell your Charleston house that can potentially save you time and...

How To Sell A Damaged House In Charleston

Do you own a damaged house in Charleston South Carolina that is in disarray or in need of repair, don’t fret. There are ways you can sell your house without having to pay for all the required repairs.

If you need to sell a damaged house in the Charleston area, our latest post will help you save time and money on the sale of your home.

In order to sell a damaged house in Charleston, you’ll need to be able to get in front of the right buyers. Many buyers are looking for a house they can move in to right away or rent out for investment. The idea of taking on a new property, that comes with damages, can seem very stressful and off-putting to many buyers. Your best bet will likely be finding the right investors who don’t mind taking on damaged property. At Charleston Property Solutions, LLC, we are very experienced in fixing up properties and are happy to help if you need to sell a damaged house in Charleston.

How To Sell A Damaged House In Charleston

Your Selling Options

Fix It

Quite obviously, if your house is damaged, you can fix it. This is likely going to be your best choice if you want to sell it for a price that is competitive with others on the market. That said, many people don’t want to spend a bunch of money on a property they are selling without any guarantee of a return.

List As-Is

Instead of spending money on repairs, you can choose to list your house as-is. While you may be offering it at a fair price, if your average buyer sees pictures making the house look bad, or sees that there are a number of repairs required in your property description, you might have some trouble getting enough attention to the property in order to sell it.

Sell Directly

Typically the fastest and easiest way to sell a damaged property is to get it in front of an investor or a direct buyer. If you choose to sell to Charleston Property Solutions, LLC, we will buy as-is, potentially saving you thousands of dollars in repairs. Plus, we are able to close very quickly so you can easily sell your damaged home in the Charleston area, and move on with your life!

Ask Yourself These Questions…

How Much Do You Want To Spend Upfront?

If you have the cash upfront, you might consider fixing up the house and putting it on the market. This can require a good amount of time, and will not come with any guarantees. If you spend a fortune fixing a damaged property in Charleston, there is no guarantee you will get it back.

Who Is Your Ideal Buyer?

Is it realistic to fix up the property and put it on the market? Do you honestly believe that you will be able to find buyers for your damaged property, willing to pay what you need? If so, and if you have the time to wait and find out, consider listing your Charleston house. Or is the damage so severe that your ideal buyer would actually be an investor, with the means to fix up the property? Many investors, such as the team at Charleston Property Solutions, LLC, thrive on fixing up old homes, and helping owners escape their damaged Charleston properties!

Owning damaged property can be stressful. The repairs can be expensive and you can be held liable for any injuries that occur. If you are not able to make the needed repairs, it might be time to sell your damaged house. You don’t have to hire an agent. Learn more about selling your house as-is, so can be rid of your troublesome property once and for all!

Get Fair Cash Offer Today

To learn more about how to sell a damaged house in Charleston, get in touch with our team today! (843) 800-2705

The post How To Sell A Damaged House In Charleston appeared first on We Buy Charleston Houses.

Do you own a damaged house in Charleston South Carolina that is in disarray or in need of repair, don’t fret. There are ways you can sell your house without having to pay for all the required repairs. If you need to sell a damaged house in the Charleston area,...

How To Sell A Damaged House In Charleston

Do you own a damaged house in Charleston South Carolina that is in disarray or in need of repair, don’t fret. There are ways you can sell your house without having to pay for all the required repairs.

If you need to sell a damaged house in the Charleston area, our latest post will help you save time and money on the sale of your home.

In order to sell a damaged house in Charleston, you’ll need to be able to get in front of the right buyers. Many buyers are looking for a house they can move in to right away or rent out for investment. The idea of taking on a new property, that comes with damages, can seem very stressful and off-putting to many buyers. Your best bet will likely be finding the right investors who don’t mind taking on damaged property. At Charleston Property Solutions, LLC, we are very experienced in fixing up properties and are happy to help if you need to sell a damaged house in Charleston.

How To Sell A Damaged House In Charleston

Your Selling Options

Fix It

Quite obviously, if your house is damaged, you can fix it. This is likely going to be your best choice if you want to sell it for a price that is competitive with others on the market. That said, many people don’t want to spend a bunch of money on a property they are selling without any guarantee of a return.

List As-Is

Instead of spending money on repairs, you can choose to list your house as-is. While you may be offering it at a fair price, if your average buyer sees pictures making the house look bad, or sees that there are a number of repairs required in your property description, you might have some trouble getting enough attention to the property in order to sell it.

Sell Directly

Typically the fastest and easiest way to sell a damaged property is to get it in front of an investor or a direct buyer. If you choose to sell to Charleston Property Solutions, LLC, we will buy as-is, potentially saving you thousands of dollars in repairs. Plus, we are able to close very quickly so you can easily sell your damaged home in the Charleston area, and move on with your life!

Ask Yourself These Questions…

How Much Do You Want To Spend Upfront?

If you have the cash upfront, you might consider fixing up the house and putting it on the market. This can require a good amount of time, and will not come with any guarantees. If you spend a fortune fixing a damaged property in Charleston, there is no guarantee you will get it back.

Who Is Your Ideal Buyer?

Is it realistic to fix up the property and put it on the market? Do you honestly believe that you will be able to find buyers for your damaged property, willing to pay what you need? If so, and if you have the time to wait and find out, consider listing your Charleston house. Or is the damage so severe that your ideal buyer would actually be an investor, with the means to fix up the property? Many investors, such as the team at Charleston Property Solutions, LLC, thrive on fixing up old homes, and helping owners escape their damaged Charleston properties!

Owning damaged property can be stressful. The repairs can be expensive and you can be held liable for any injuries that occur. If you are not able to make the needed repairs, it might be time to sell your damaged house. You don’t have to hire an agent. Learn more about selling your house as-is, so can be rid of your troublesome property once and for all!

Get Fair Cash Offer Today

To learn more about how to sell a damaged house in Charleston, get in touch with our team today! (843) 800-2705

The post How To Sell A Damaged House In Charleston appeared first on We Buy Charleston Houses.

Do you own a damaged house in Charleston South Carolina that is in disarray or in need of repair, don’t fret. There are ways you can sell your house without having to pay for all the required repairs. If you need to sell a damaged house in the Charleston area,...