James Island Foreclosures and Short Sales
James Island is a large triangular island that is surrounded by Wappoo Creek and Charleston Harbor to the North, Morris Island and Folly Beach to the east and the Stono and John’s Island to the west. Located just a few minutes from downtown Historic Charleston, James Island is right across the harbor. The residential island has held to strict low density building policies that have kept our large multi family developments. The island is lined with oak tress, tidal creeks, waterfront vistas and beautiful neighborhoods. The Island offers beautiful views of historic Fort Sumter, Chalreston Harbor, Folly Beach, Sullivan’s Island and the Morris Island Lighthouse.
James Island Foreclosures
James Island Real Estate has went up in value during the last few years. Like most of the country the values of real estate have went down significantly over the last few years. James Island Foreclosures and James Island Short Sales have become more common as the real estate market has slowed down.
With property values showing a decline Short Sales in James Island have been on the rise. A short sale happens when a seller owe more on a property than it is worth. Once a buyer and seller agree on a contract price the offer is then sent to the bank for final approval. This has become common when looking at Real Estate on James Island, SC.
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