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February 2013 Archives

South Carolina foreclosure rates take a dip

According to recently released statistics, the home foreclosure rate in South Carolina is nearly on par with national figures. As compared with Jan. 2012, foreclosures in our state were down by over 24 percent in Jan. 2013. Foreclosures dropped by 28.5 percent over the same period on a national level.

Interest rates may encourage first-time buyers to purchase a home

In the Charleston area and throughout South Carolina, the real estate market has finally found a foothold after the uncertainty of the economic recession. Increased stability, combined with low interest rates, may have many first-time homeowners looking to purchase real estate. Although this may present a great opportunity, there are still a few things to consider before rushing into a transaction.

Can a short sale affect your retirement, estate plans?

As many South Carolina homeowners continue to deal with the effects of the real estate crash, they are probably looking for ways to move forward as the economy recovers. Although many may see a short sale as a way for immediate relief, it can also open the door to long-term benefits.

What do lenders look for when approving real estate refinances?

As property values begin to rise in the Charleston area, many homeowners may be experiencing noticeable increases in their home's equity for the first time in years. A person's equity, the difference between market value and the outstanding balance on a mortgage, can provide significant financial leverage, especially in terms of real estate refinancing.

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Visit Weeks & Irvine at One of Our Six Locations

North Charleston office 8086-B Rivers Avenue
North Charleston, SC 29406
Phone: 843-553-9800
Toll Free: 800-553-7449
Fax: 843-553-9804
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Mt. Pleasant office
1100 Queensborough Blvd, Suite 102
Mt. Pleasant, SC 29464
Phone: 843-856-9800
Toll Free: 800-553-7449
Fax: 843-216-0930
Map and Directions

Mt. Pleasant North office
3040 Highway 17-A North, Suite B
Mt. Pleasant, SC 29466
Phone: 843-388-3250
Toll Free: 800-553-7449
Map and Directions

West Ashley office
873 Orleans Road, Suite 102 1/2
Charleston, SC 29407
Phone: 843-571-2996
Toll Free: 800-553-7449
Fax: 843-571-2998
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Summerville office
106 West 7th North St
Summerville, SC 29483
Phone: 843-875-7111
Toll Free: 800-553-7449
Fax: 843-875-7721
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Goose Creek office
567 Crowfield Blvd.
Goose Creek, SC 29445
Phone: 843-553-9100
Toll Free: 800-553-7449
Fax 843-553-9183
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