Short sales and foreclosures on Daniel Island only account for a small amount of the homes for sale. The biggest chunk of SS or bank owned homes is in the higher price points. There were, and are, a number of builders who didnt get the memo that they should stop building speculative homes and they got caught with inventory they couldnt sell.
I have had a good bit of success over the past couple of years in negotiating some pretty good deals for clients.
Anyone that cares to go after a SS should prepare themselves for a wait in most cases --- banks are in no hurry.
If you would like a complete list of SS and bank owned homes on Daniel Island, please fill in this form (be sure to write in the notes to me that you want to see SS and bank owned)
Note: The Video Below Explains What a Short Sale is and the ins-and-outs of dealing with bank owned property.
