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July 2015 Archives

South Carolinian real estate forecast improving

The recession took its toll on South Carolina over the last several years, but South Carolina REALTORS has reported that market data is continuing to improve. As someone looking to buy, rent or sell a home, this is good news for you, because your property's value is likely to continue to rise. Purchasing these properties may put you in a position where you can increase your equity and earnings, so you can sell later at a higher price.

How can you speed up a short sale?

A short sale can be beneficial for you, but you need to understand how to move through it quickly to survive the sale and get back into a position of financial security. Short sales are sales made to a buyer at a reduced rate; essentially, you get the bank or lender to agree on a lower sale price, so you can pay back at least some of the debt you owe.

Refinancing can help you get a handle on debt

If you have a mortgage, then you've probably heard about refinancing. Refinancing your loan helps you reduce your interest and the amount of money you'll pay back over the life of your loan. Essentially, when you apply for refinancing, you're swapping one loan for another. That means that you get a new loan with a better interest rate and better terms, and the old loan gets paid off.

Foreclosure isn't the only option after falling into debt

You may not have ever thought you'd be in the position you're in now; your home isn't worth enough to sell it and pay off your mortgage, but paying on it is putting money into a home that isn't appraised high enough means you'll always fall short and be left in more debt. What can you do? If you can't afford payments any longer, you could be looking at foreclosure as an option, but it doesn't have to be the only one.

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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
Map and Directions

Summerville office
106 West 7th North St
Summerville, SC 29483
Phone: 843-875-7111
Toll Free: 800-553-7449
Fax: 843-875-7721
Map and Directions

Goose Creek office
567 Crowfield Blvd.
Goose Creek, SC 29445
Phone: 843-553-9100
Toll Free: 800-553-7449
Fax 843-553-9183
Map and Directions