The Groves

Wednesday, July 14th, 2010 at 2:08 am

The Groves Homes for Sale
The Groves Foreclosures and Short Sales

The Groves Neighborhood: Tasteful and serene under the swaying canopies of a vast number of oaks and pines for which it was named, The Groves is a single of Mount Pleasant’s oldest and most comfortable neighborhoods. Situated conveniently inside heart of old Mount Pleasant and less than five minutes from downtown Charleston, The Groves is recognized for extensive half-acre lots, traditional houses, and quiet streets. So near many of Mount Pleasant’s outstanding amenities, The Groves is uncomplicated walking or biking distance through the panaromic pedestrian paths in the Arthur Ravenel Bridge, the golf, tennis, baseball and soccer fields with the Patriot’s Point complex, in addition to waterfront restaurants and clubs along scenic Shem Creek. A lot of of the neighborhood houses are built in ranch style, and ranging in reasonably priced prices from your $400,000’s for the $800,000’s, a typical trend has been uncomplicated renovations for example picture windows and decks that have added greatly for the enjoyment on the natural surroundings.

Foreclosures in Charleston, SC happen to be increasingly more common the last few years. Once the housing market started cooling off a lot of house buyers had purchased homes they simply was not able to pay for and also the values decreased below what they could sell them for.

Short Sales have also been more common. A short sale occurs a property seller owe a lot more than the home is worth but has to sell it. Once a purchase price is agreed on along with a contract is signed by both the purchaser and the home owner, the agreement is delivered to the bank for final approval. This may take anywhere from 4 to twelve weeks to be complete. A short sale may give buyers a powerful way to buy a property for a cheap price, however every single short sale is unique and will depend on highly upon what the home owner is willing to do, not necessarily how qualified the buyer is.

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