Real Estate Information

While conventional fianancing with 10% down and good credit is usually the best approach when buying a new home, but most first time homebuyers often just don't have that much money and need programs with lower downpayments. 

Below are some Loan options you might consider. Keep in mind, mortgage rates change regularly, so please use this for general information only. For the most current rates call one of our trusted lenders at Carolina One Mortgage. 

Tara Derouen - (843) 974-6223
Avery Greenlee - (843) 821-7912
Beth Greenlee - (843) 974-6012

FHA is a great program and available to everyone with only 3 1/2% down (and that money can come from a gift letter or a loan from a 401 k program). And don't forget - with the $8,000 tax credit - a 401 k or life insurance policy loan can be repaid within a few weeks if an amended 08 return is filed. 

If you're looking for homes for sale in Summerville, South Carolina visit www.MulliganTeam.com for the best deals, repos, short sales and historic homes.

8708 Birnam Ct
North Charleston, SC 29420

Stunning home for sale in Whitehall, North Charleston, SC with pond view. Features a downstairs master suite and guestroom with full bath. Open floor plan is Centex's nicest and features formal living room (great office), large open formal dining room, huge great room with vaulted ceiling, and magnificent sunroom overlooking the pond. << MORE >>

Looking for a great deal on a new home? You've come to the right place! We have links to bank owned, foreclosed and repo homes for sale in Summerville, Charleston, Daniel Island, Mt Pleaseant and the surrounding tri-county area.

I also have a link to the top 20% bargain priced homes in Summerville & Charleston which includes listings in all price ranges and condition.

  126 Linwood Lane
Summerville, SC 29483

This property has been put under contract and is schduled to close soon, but I've put togeather a list of other historic homes for sale in Summerville - << Click Here >>

Built in the early 1800's, the house known as "Out of Plumb" is one of the oldest homes in Summerville. Its historic charm has been enhanced by modern conveniences--the perfect combination for the buyer who yearns for a turn-key, historic home! Heart pine floors, 12-foot ceilings, and crown molding accent this unique property. The floor plan flows beautifully and contains the space and rooms modern families desire. An expansive front porch leads into an extensive formal living area with two fireplaces. <<More>>

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FOR IMMEDIATE RELEASE

February 10, 2009 EUGENE, ORE.

IDX, Inc. is happy to welcome to addition of Carolina One Real Estate's Michael Mulligan to the ever expanding database of real estate agents and brokers choosing to give their websites and advantage over their competitors, by incorporating a custom IDX solution. The innovative Internet Data Exchange (IDX) software supplies consumers with an endless amount of the most up-to-date property listing information and details on in the Summerville, South Carolina real estate market, routing directly from the Charleston Trident MLS (CTMLS). The technology that custom IDX broker provides, enables Mulligan to display CTMLS listings on his website, in such a fashion that the information is displayed as a seamless integration, giving clients the ease and convenience of never having to veer from his website. Search categories such as basic, advanced, map, address and listing ID, furnish potential home buyers with the resources to create their own individualized and custom online real estate search, aiding in narrowing their results, in efforts to find homes for Sale in Summerville SC, Charleston and Dorchester County that fits their every want, need and desire. Located on each listing page are links for home seekers to email property details, schedule a showing, contact the listing agent for more information, print a flyer, view large photo galleries, pinpoint the specified location on an interactive Google Map, and even calculate likely mortgage payments, generating an overall more simplistic and time efficient online property search process. Access to an administrative login page gives Mulligan the tools to have complete control over each and every aspect of his online real estate business. It is here that he can not only edit the design, look, layout and search options available, to benefit both him and his clients in the most organized and profitable way possible, but Mulligan also has the ability to view traffic reports, detailing which pages on his site are being view most frequently. A Lead Management section supplies Mulligan with his clients information and saved search criteria, giving him the resources to get to know each individual client on a more personal basis.

About Michael Mulligan “Michael Mulligan, a licensed Realtor since 2001, is the marketing coordinator for the Mulligan Team. As a Chief Master Sergeant in the U.S. Air Force he managed multi-media centers throughout the world including the Department of Defense’s largest Combat Camera Squadron employing 150 photographers and videographers. Michael now manages all the marketing of our listings through newspaper and magazine advertisements, direct mailing programs, postcard campaigns and special publications, he designs and prints our home flyers and manages our websites.”

If you have any doubts that spring has arrived in the low county, just take ride through Summerville. It seems like overnight the town just exploded in color as the azaleas started blooming – just in time for the Summerville Flower Town Festival next weekend - April 3-5.

The real estate market is coming to life too – the number of schedule showings in the Summerville market has increased significantly, which means more buyers are looking at homes. Much of the activity can be attributed to first time home buyers looking to take advantage of the $8000 first time home buyer tax incentive which was part of the recently enacted stimulus package. In addition to the tax incentives, buyers are finding incredible deals and interest rates are still unbelievably low - 4.75% for a 30 year fixed rate (Call Avery Greenlee – Carolina One Mortgage at (843) 821-7912)

Speaking of incredible deals, we have two listing in The Club at Legend Oaks Plantation, a gated golf course community in Summerville, South Carolina that the builder wants us to move FAST! He told us he’d consider ALL offers and options (buy downs, etc) that suit the buyers needs. If you’re looking for a great deal on a beautiful custom built home, this is it! 

Last night NBC ran a very well done special about the state of the housing market and how we got into the mess we are in right now.

It appears the root of the problem goes back to the late 90's when the Clinton administration (as reported in the NY Times - September 30, 1999), in an attempt to expand the dream of home ownership to among minorities and low-income consumers, pressured Fannie Mae into expanding mortgage loans to borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans - sub prime loans. 

While it may have been the democrats who initiated the policy that everyone should have the opportunity to own a home, the Bush administration is shown in this documentary supporting the same policy. While some say it was bad government policy that led us into the crisis, others say it was Wall Street greed - you decide!

Sales of newly built U.S. single-family homes unexpectedly rose at their fastest pace in 10 months in February, while prices fell by a record margin from a year ago, a government report showed on Wednesday. 

The number of homes sold in the Charleston tri-county area in February 2009 were off significantly from 2008 - 390 compared to 711. The average sales price was also down $255,927 compared to $300,748 - great news for buyers!  

Watch CBS Videos Online

On Sunday, March 29 we'll be hosting two open houses on our listings in the The Club, a gated Golf community in Legend Oaks Plantation in Summerville, South Carolina.

Both homes are built by Cline Homes. The homes showcase great design, superb craftsmanship, great floor plans and impressive detailing. 

320 Silver Cypress Circle  

~ 4 Bedrooms
~ 3 1/2 Baths
~ 3130 Square Feet
~ Double Front Porches
~ Butlers pantry
~ Screened Back Porch and Rear Deck
~ Large Master Suite
~ Hardwood and Ceramic Tile Floors

 301 Silver Cypress Circle

~ Golf Community
~ 4 Bedrooms
~ 3 ½ Baths
~ 3130 Square Feet (approx.)
~ Double Front Porches
~ Screened Back Porch & rear deck
~ Large Master Suite
~ Hardwood and Ceramic Tile Floors

Directions: Hwy 61 toward Summerville, pass 165 to Legend Oaks. Pass Golf course entrance and proceed to The Club on left. Follow main road to gated section of neighborhood. Left on Silver Cypress Circle.