All your eggs in one basket

July 16, 2008

Charleston South Carolina real estateI work with a lot of out of town clients, most of whom are considering relocation to Charleston. Many start their search very early in the process and request listing alerts that give them a very good idea of the Charleston real estate market. Sometimes they fall in love with a home well before they plan to move to Charleston.

A slightly different case this week. An out of town client has been online looking at and asking me further questions about a specific home in Charleston that he would like to purchase as investment property. His plans called for him to arrive this weekend to view it.

But just recently, if went under contract and he cancelled his plans. Then the contract suddenly fell through and his plans were back on and especially appealing was the fact that the price was reduced. But just yesterday, the home went under contract again.

Bottom line, whether you are planning to relocate to Charleston or just want to invest in Charleston real estate, don’t put all your eggs in one basket. There are lots of nice available properties, certainly more than the one you might have your eye on.

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