Sullivan’s Island short sales and bank owned homes are few and far between, mainly due to the islands size
As of today there is 1 short sale on the market on Sullivan’s Island and there have only been 3 short sales to close this year on Sullivan’s
The truth is Sullivan’s is a value now whether it is a short sale or not. We have seen home prices for ranches on half acre lots fall into the $500k range.
30 homes have changed hands on Sullivan’s Island this year so far.
I watch the market on the island everyday – if you want a list of some of my personal picks for best buys on Sullivans Island, please call me at 843-345-6074 or email me.
Note: The Video Below Explains What a Short Sale is and the ins-and-outs of dealing with bank owned property.