Myrtle Beach Real Estate

Build vs. Buy – The Myrtle Beach Matchup

Should I build or buy a home in Myrtle Beach?

The Grand Strand has many areas along the coast that offer oceanfront homes, as of July, 3 2010 there are currently 132 oceanfront homes listed along the Grand Strand. From oceanfront estates to vacation homes that offer great investment potential you are sure to find an oceanfront home that will suit your needs. I will break down the areas along the Grand Strand and the type of oceanfront properties you will find in each area.

Myrtle Beach is the most recognized area along the Grand Strand and offers oceanfront homes from $975,000-$4,900,000. Many of the oceanfront homes located along “Golden Mile” section of Myrtle Beach are located on larger oceanfront lots. If you are looking for an oceanfront vacation rental a majority of the homes found along…

Below is a Real Estate Market Report for the 1st Quarter of 2010. This report is provided by EF Hucks Associates in Pawleys Island. If you are thinking of buying in the Myrtle Beach area, it might be time to jump in as mortgage rates and prices continue to be at historic lows. 

There was better news again this quarter. For the second consecutive quarter, all three Counties have shown percentage increases in the number of units sold compared to the same quarter in the previous year.

I thought I would create this blog to educate individuals that visit my blog and website on the short sale timeline and process. I just submitted an offer to IndyMac(Now One West Bank) on a house in the Murrells Inlet area. I will continue to update this blog as the short sale is negotiated and hopefully approved. The buyer is a first time home buyer, so we are hoping to get everything approved and closed by the June 30th homebuyer tax credit deadline.

If you still have questions about what a short sale is, I will be posting a blog in the next few days that will help you to understand a short sale. 

 Update 1. 

4/25/10 - We got all of the contracts signed, filled out the short sale packet, and put together all necessary paperwork.

4/26/10 - We…

Inexpensive Things to Do to Help Sell Your House

Your home is one of your most important investments, so when it comes time to finally sell you want to make sure that you get the highest sales price. There are many effective ways to increase the value of your home in a quick and inexpensive manner. Follow these tips for a few inexpensive things to do to help sell your house, and you are guaranteed to have buyers see your home in its best light.

Clean, Clean, Clean

The single easiest thing you can do to prepare your home for selling is to give it an extensive and thorough cleaning. Take this time to take everything out of your closet, scrub all the walls, and make sure the home looks and smells completely clean. Think of a spring cleaning taken to…

Myrtle Beach Golf Course Real Estate

Myrtle Beach is a haven for golfers looking to challenge their game while enjoying the ocean and a coastal lifestyle. For this reason, Myrtle Beach golf course real estate has become extremely popular for those looking for a new home, vacation property, or a real estate investment. Here are a few reasons why now is the best time to buy a home situated on or near a golf course in Myrtle Beach.

Affordable Prices

The recent correction in the housing market means that Myrtle Beach golf course homes are more affordable than ever! Whether you'd like to be close to your favorite course or enjoy beach access with a neighborhood golf course, you are bound to find the property you are searching for at a significantly lower…

There is a limit to the amount of real estate that is available on the coastline. For this reason and many others, now is the perfect time to buy oceanfront vacation rental property in Myrtle Beach. This blog will discuss the recent affordability, low interest rates, and investment potential that makes Myrtle Beach discount oceanfront homes and condos a great purchase.

Prices are Affordable

During the real estate boom, the prices of homes skyrocketed beyond a sustainable level; this was especially so in popular vacation spots around the US. This made it difficult to purchase a vacation rental that could make enough income to cover the expenses of the mortgage, taxes, insurance, and general upkeep. Now that the market has cooled, home and condo…

Myrtle Beach January – February 2010 Real Estate Market Update.

We are starting to notice an overwhelming trend when comparing housing sales statistics in many different areas to 2009 figures. When comparing 2009 and 2010 sales of residential homes in the Myrtle Beach, sales are up 25%.

In 2009 there were 132 closed transactions, and in 2010 in January and February there were 164.Taking these numbers into account, sales in 2010 are up close to 25%.

As of March 16, 2010 there are currently 327 pending properties in Myrtle Beach. So what does this mean? Taking the pending homes information into consideration we should see a continual incline in amount of homes that are selling. 

This is providing us with some hope for 2010. Although sales are still…

Rates remain near historic lows, now is a great time to buy!

With the current homes prices in Myrtle Beach, and the all time low interest rates it continues to be a great time to purchase property. 

If you are looking for a second home, investment property, oceanfront home, or vacant lot, we are always here to answer your questions. 

Below are the current rates emailed to me from Trippett Boineau from BB&T Mortgage Services. If you have questions about buying or refinancing, they are available via email to answer your questions. 

March 11, 2012

Conventional Conforming Fixes Rates - Loans to $417,000 - Purchase Only

30 Year Fixed - 4.875   20 Year Fixed - 4.75 15 Year Fixed - 4.25

30 Year Fixed 4.625 +1/0  20 Year Fixed - 4.50 + 1/0  15 Year…

You have finally found your dream home overlooking the water in Murrells Inlet - What's Next?

If you have already spoken with a Myrtle Beach Lender then you should have an idea of the many available programs and rates. If you are considering purchasing a primary residence, investment property, Murrells Inlet waterfront home, or vacation home, the current rates for jumbo and conventional loans are unbelievably low. There is no better time than the present to take advantage of tremendous savings and purchase your dream home!

Below are available programs and rates provided by Trippett Boineau at BB&T Mortgage Services in Myrtle Beach. If you are still searching for a property along the Grand Strand, or you are searching for a Murrells Inlet…