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Beacon Brokers Realty
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    A more powerful mayor in Mt. P.? MOUNT PLEASANT -- The town should have a full-time mayor with power like mayors in Charleston and North Charleston, Mayor Billy Swails said. The mayor will ask Town Council to approve a referendum on the issue. "I don't want anybody to think it is a power grab for me. It is working myself...
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Selling A Home For Less Than The Mortgage | Print |

Can a home seller sell a home for less than its mortgage?

Yes, in some case you can sell your Charleston SC home for less than what you still owe on the mortgage. But it is complicated and depends on the lender. This situation is known as a "short sale." Sometimes a lender will be willing to split the difference between the sale price and loan amount, which still must be paid.



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