Tagged : Azalea Square

Last week, right here at www.lowcountryproperties.com, I blogged about a condo listing in the Beaufort, SC community of Azalea Square for $38,900. In the same blog, I very sagely predicted the listing was such a steal that it wouldn't last a week.

It lasted a day.

This condo was a no-brainer. There are currently 12 condo homes listed in Azalea Square, from $75,000 to just over $136,000. So, to be able to pick up a condo home -- in excellent condition I might add -- for under $40,000 is an opportunity which may not come available again for a while.

Folks, there is a moral to this real estate story. Mr. and Mrs. Real Estate Buyer, don't think you can waltz in and lowball these foreclosures.

Banks and their Realtors here in Beaufort have had plenty of time to…

We sometimes see opportunity knock twice in the Beaufort's real estate market.

Take this little condo which just came back on the market, at $38,900. It's a foreclosure, is in very good shape, and is located in a fairly new condo community just minutes from historic downtown Beaufort, SC. The name of the complex is Azalea Square. A few years ago, when the community broke ground, these little homes were selling in the low $100,000 range, to the $120,000 or so range.

This condo, with just over 1000 square feet of living space and two bedrooms, had been under contract, but that contract fell through. So an opportunity to pick up an absolute steal is available again.

The next available condo home, price-wise, is listed at $75,000. Imagine being able to purchase…