Radcliffe Place

Tuesday, July 13th, 2010 at 11:34 am

Radcliffe Place Condos for Sale
Radcliffe Place foreclosures and Short Sales

Located off of Bees Ferry Road in West Ashley, this adorable, standard style condominium/town property neighborhood delivers a couple of and 3 bedroom/2-2.5 bath units that variety in size from approximately 1,000-1,700 square feet.

West Ashley refers for the area west with the Charleston peninsula, bordered by the Ashley River and Intracoastal Waterway, which is frequently referred to as the “ICW”. It is the oldest suburb in Charleston and is located the closest to downtown. A vast selection of reasonably priced homes in desirable neighborhoods is offered in addition to luxurious waterfront properties about the Ashley River, creeks, and tidal marshes. As a result of large demand, new construction is ongoing. Several neighborhoods feature such amenities as golf, tennis, swimming and boat docks as boating about the River is really well-liked. The demand for homes on deep water is incredibly large.

Foreclosures in Charleston, SC happen to be increasingly more common recent years. As soon as the housing market started cooling off many home buyers had purchased homes they simply was not able to pay for as well as the values decreased below what they could sell them for.

Short Sales are also more widespread. A short sale occurs a property seller owe a lot more than the property is worth but needs to sell it. Once a purchase price is agreed on and a contract is signed by both purchaser and the home owner, the contract is sent to the lender for final approval. This process usually takes between 4 to twelve weeks to become complete. A short sale can give potential buyers a great way to purchase a property at a discount, however every single short sale is unique and depends highly upon what the home owner will to do, not necessarily how qualified the buyer is.

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