Mike Sackman, Beaufort County SC Real Estate, Military Relocation, REO

I've been working on a website to answer questions and provide up to date FORECLOSED AND SHORT SALE HOMES! Please visit www.BeaufortSCForeclosures.com for updated availabilities and information about buying a foreclosed or short sale home.

This site has REALtime information and not a just something from the county courthouse that was thrown together to advertise homes that aren't actually available for months or sometimes never. This information has been taken from the local MLS, to include; Beaufort, Jasper, Hampton and other surrounding counties.

You can easily look at posted listings or create your own search through the easy to use tabs, just enter your home requirements and a complete list will be created. If you are trying to compare home prices for certain areas, you can do detailed searches for non REO properties also.

If you would like, you can also navigate to my main website for even more information about Beaufort county, www.BeaufortSCForeclosures.com.

Thank you,

Mike Sackman

We have been lucky in Beaufort to have only seen a small amount of foreclosures locally. Though I believe this will change here within the next few months; here's why. Our "selling season" typically runs from April/May to August/September time frame, which is typical for most areas since school's out and the convenience of a summer move is most logical. Our military folks typically transfer during those periods also; some coming in and some going out of the area.

What makes me believe the market for REO properties will increase is the amount of properties that didn't sell this past "selling season". I know of properties that were in short sale scenarios that didn't sell and are now vacant (a lot of that blame falls on the lenders not responding to offers in a timely manner) so the next step is usually foreclosure. Our MLS just recently added a method to search for short sales and most aren't updated yet, but I know of at least 25-30 short sale opportunities in the area that didn't sell. Not to say they won't, but if 50% don't that's 10-15 foreclosures coming into the market. I know that doesn't seem like a lot, but when we typically have 3-5, that's a huge increase. Sad thing is those numbers may last a while, SO it's actually the perfect storm if you are a buyer and/or an investor!

Here is a picture of one of my foreclsoures that is BRAND NEW! To see all of Beaufort Foreclosures and other conventional listings please visit the FORECLOSURE section of my website by clicking here to see properties that are updated bi-weekly. Beaufort Foreclosures

This home is 2800 SQFT, 4 bedroom, 3.5 baths, and a two car garage offered at 260k!!!

True 4BR home aggressively priced. www.150middleroad.com

For more great values on Beaufort area homes, visit www.mikesackman.com

Well it's been a while since I posted, shame on me...but all all for good reason. The season of buying and selling is here and things are looking up. With buyers taking advantage of the first time home buyers incentive and the great selection of available homes, I've been non stop for the past 6 weeks.

I found a great deal for a young couple on a home that in 2006 sold for 287k and just had a contract accepted for 173k and they are paying 3% of the buyers closing costs!! Another was almost 2 thousand sqaure feet, built in 2005, 4 bedroom, 2.5 bath and a two car garage for 140k!! There are a few more, but the point is NOW is the time to buy a home.

Short sales are dominating the market right now. I would guess that two of every five homes is a short sale. If you need information on the difference between a short and foreclosure, just go to my website, www.BeaufortHomesToday.com and register for information.

Military relocations have been the vast majority of my recent business (4 of 6 contract the last two months). Some folks realized that Beaufort was the place they ought to be so they packed up where they were and moved down.

Last but not least, the fishing is red hot and this weekend I WILL be out there!!!

It was a great time at the Port Royal Soft Shell Carb Festival yesterday! The sun was shinning, the people were friendly and the Crabs were just awesome. We had them from the Plum's booth and have to say they did a fantastic job! The antique cars were just unbelievable, I have to say the 68 Corvette was my personal favorite though the Mustangs were incredible! With the Beaufort Water Festival coming soon and a Taste Of Beaufort around the corner, and the Marine Corp Air Station Air Show, you need to make plans to get to one of these great events in Beaufort, South Carolina!

I have been out of the AR loop for a week or two, not because I don't love AR, but because the buying season is in FULL SWING and I have been shwoing properties non stop. There are some excellent deals to be had for those realizing the market has a massive inventory and the 8 thousand dollar tax break ends December 1, 2009 and want to take full advantage of it. Not to mention interest rates are still around the 5% range.....