Charleston SC Homes - Getting Foreclosured Homes Ready for the Market

Jay Ryan, VP of REO Sales with Fannie Mae talks about the procedure for getting foreclosed homes ready for the real estate market. Fannie Mae invests $5,700 on average into foreclosed properties and sells them at the market prices to offset losses. Locally, we represent foreclosed properties and the process is the same.  Today's buyer wants not only a great deal but also a move-in ready home.  There is one chance to appeal to the buyer, who is viewing many homes, to make that first impression.  The homes that are show ready and priced with a compelling list price are the ones that are selling in the Charleston SC real estate market. 

Here is a list of foreclosures by city or town in the Charleston SC area: