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Need Help selling your home via a Short Sale or Pre-Foreclosure?
Need Help locating a Short Sale or Foreclosure?
Buying, selling, or just looking for a home in Charleston, SC and surrounding areas?  Let us help.  Fill in the form below, and we'll get you the information you need to make the right decisions for buying and selling your home.

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Or, call us today at 843-532-4653, we'll take the guesswork out of buying and selling your home.

The Charleston area is located on the coast of South Carolina, midway between Myrtle Beach and Hilton Head Island. It is easily accessible by car...I-26 has its eastern terminus in Charleston and connects with I-20, I-85, I-40, I-77 and I-95 from the north. US Highway 17, the coastal north-south route, runs through Charleston and connects with I-95 from the south.

Charleston International Airport offers jet service from Air Canada, Delta Airlines Inc., Atlantic Southeast Airline/Delta Connection, Northwest Airlines, Comair Inc./Delta Connection, United Express, Continental Airlines, US Airways, and AirTran. Amtrak provides regular passenger service to the Charleston area.

The Dan Lorentz Group serves the following areas: Downtown Charleston, SC- Historic Downtown Charleston, SC- Johns Island, SC - Wadmalaw, SC  - Kiawah Island, SC - Seabrook Island, SC - James Island, SC - Folly Beach, SC - Mount Pleasant, SC - Sullivan's Island, SC - Isle of Palms, SC - Wild Dunes, SC - Awendaw, SC- Summerville, SC - Hollywood, SC - Ravanel, SC - Edisto Beach, SC - Charleston, SC and North Charleston, SC .

 

News from Dan Lorentz-  

 
Here is another informative email highlighting the current market environment and how it effects you.
 
  I hope you find the information helpful and insightful.  
 
I certainly appreciate your continued trust and referrals!!
 
 
Charleston Listed as #8 in America's Strongest Housing Markets!
Here is a little ray of sunshine in this cloudy media world we live in....
 
Published in Forbes Magazine last week, this data was provided by Mood's Economy.com . It looked at metro areas with populations over 500,000 to find those closest to recovery. 
 
We live in an amazing place so rest assured the national headlines don't always (if ever) apply to Charleston.
 
Enjoy, click the link below to view the article.
 
      
 
What is a Short Sale?
 
 
 I have received a lot of phone calls in the last several months centered around the same question.  What is a "Short Sale" and how does it work?
 
A Short Sale is a property where the seller owes more on the loan than the selling price or sales price... the proceeds of the sale fall short of what is owed.  In the short sale process the bank agrees to accept less than what is owed and in many cases will either discount the original loan amount to satisfy the mortgage or take the difference and have the sellers take a deficiency balance to be paid back over time.  A lot of what happens internally at the bank depends on the actual financial hardship of the seller and depending on the circumstances, it can go in either way. 
Many times the lender will accept a Short Sale in order to avoid the foreclosure process.  In many cases the lender will spend more time and money on foreclosing than it would lose negotiating a short sale.  The home also has some small advantages including avoiding a foreclosure on their credit and being able to negotiate what the bank is willing to discount.
The short sale typically happens much faster than a foreclosure and can most times be negotiated within 60-90 days using the help of your Real Estate Professional (that would be me!).
 
If any of you are interested in locating short sales in the area, always feel free to call me.  I have a detailed list of homes that are currently on the market as "Possible short sales"!  I am a specialist in negotiating on your behalf as a buyer or a seller. 
T.A.R.P. Money and You: The trouble with TARP 
 
 
I know a lot of you have heard about all of this Government money the big banks have received in an effort to clear the lines of the credit industry and get the lenders to start lending again.  This article identifies many of the problems and hopefully will make you more knowledgeable about how YOUR money is being spent.
 
Please click the link below to view the article on Business Week. 
 
 
 
VERY FUNNY VIDEO I got from my colleague Brad Rundbaken who does a monthly report called the Charleston Market Report. Great Stuff
 
If you know someone buying their first home, second home or a great investment in the Charleston area please refer them to me for superior service,  integrity and professional guidance...They'll thank you for it!


Dan Lorentz, Realtor- Partner
ERA Tides Realty
Realtor of Distinction- Director's Circle
Agent of the Year
843-532-4653