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…