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Myrtle Beach Oceanfront Condo Rentals - Condo Rentals in Myrtle Beach, SC

by The Jerry Pinkas Team

Myrtle Beach Oceanfront Condo Rentals - Condo Rentals in Myrtle Beach, SC

If you are looking for Myrtle Beach Oceanfront Condo rentals, Myrtle Beach condos, or Myrtle Beach vacation rentals, then you have to visit the number one website for Oceanfront Condo Rentals in Myrtle Beach, SC.

Browse all the fabulous Myrtle Beach vacation rentals this company has to offer at bargain deals. Enjoy Myrtle Beach Condo Rentals Oceanfront resorts like: Compass Cove Resort, Blue Water Resort, Ocean Forest Plaza, Marsh Oaks, The Palm House, South Seas Town House, Grand Atlantic Resort, Pinnacle Tower, Paradise Resort, and many more.

When you reserve your vacation rental through oceanfrontcondorentals, you will enjoy shopping, catching a show at one of the entertainment complexes, dining at many of the fine restaurants, or enjoy the amusement and water parks. Myrtle Beach SC Homes for Sale has something for everyone, so if you’ve never experienced the family atmosphere of sunny Myrtle Beach, getting a great rental should be on your priority list.

PS: Here is an update. You may want to check out the latest Myrtle Beach Condo Rentals website on the Grand Strand. It has great info if you are looking to book your next vacation.

If you’re interested in Myrtle Beach Oceanfront Condo Rentals then call 843-236-6623.

Short Sale vs. Foreclosure

by The Jerry Pinkas Team

Short Sale vs. Foreclosure

Today, a lot of Myrtle Beach condos and homes for sale are going through the process of a Myrtle Beach short sale or are going through the early stages of foreclosure. It’s very important for buyers and sellers to understand what a short sale is compared to a foreclosure because they are very different. Many buyers do not understand the short sale process and they become impatient when closing on a property seems to take forever. The name does not imply the type of transaction this truly is in real estate. Short Sales can be very confusing and this is where the Jerry Pinkas Short Sale Experts come into play. Out team of experts will guide you through the short sale process or the foreclosure process and make sure that everything goes according to plan with the least amount of hassle. Our short sale experts are very experienced with negotiating with banks to ensure you get the most amount of money for your property and protecting you from deficiency collectors.  

But first let’s explain what a short sale is compared to a foreclosure. A short sale is a sale of real estate in which the sale proceeds fall short of the balance owned on the property’s loan. It occurs when a borrower cannot pay the mortgage loan for whatever reason. Some of the reasons could be unemployment, reduced income, divorce, medical emergency, job transfer out of town, bankruptcy, death in the family, or any other type of hardship that won’t allow the homeowner to continue making mortgage payments. The lender decides that selling the property at a moderate loss is better than pressing the borrower and keeping the properties on the books. Both parties consent to the short sale process, because it allows them to avoid foreclosure.

In simpler words a short sale is a win-win solution for the current home owner, the lender, and also the buyers. The bank/lender gets the highest price for a quick sale at the current market price. The home owner gets their credit restored and gets relief from possible future legal actions like a foreclosure. In a short sale, the homeowners get complete relief from all of their mortgage debt. For a buyer, a short sale is also a win-win situation for the reason that they can own a great property for a fantastic price.

So if that’s a short sale then what exactly is a foreclosure? A foreclosure occurs when a property owner cannot make principal and/or interest payments on his/her loan, typically leading to the property being seized and sold by the bank. When considering your options you pretty much want to avoid foreclosure at all costs and that’s where short sales can be a useful tool for homeowners.

If you would like more information about short sales or Foreclosures contact us today! 843-839-9870

Look Who's Joined the Team

by The Jerry Pinkas Team

Top Realtor in Myrtle Beach SC

Jerry Pinkas Real Estate Experts

604 N 27th Ave

Myrtle Beach, SC 29577

843-839-9870

Myrtle Beach Real Estate

by The Jerry Pinkas Team

Myrtle Beach Real Estate

            Can you imagine owning your own piece of Myrtle Beach Real Estate or your very own place at the beach? Right now there is a tremendous opportunity for buyers to grab a piece of their own and start collecting all the massive dividends that come with owning a piece of Myrtle Beach Real Estate. What dividends do you ask? What about family, fun, rest, and relaxation? If that’s not good enough then how about using your piece of Myrtle Beach Real Estate as a vacation home for a couple weeks out of the year, while having your mortgage paid for the rest of the time your out of town? Right now the renters market along the oceanfront and Grand Strand is booming with opportunities for buyers to generate loads of rentable income.

 

            In case you haven’t heard, prices are 50% off (no kidding!) what they sold for a few years ago. Recent market analysis of grand strand trends shows that property values are starting to subtlety rise, so the window of opportunity is slowly starting to close. Whether you are setting your sights on a vacation or retirement home, our team of experts will be glad to show you properties that meet your investment needs.

 

            The properties featured above are owned by families just like yours. These families are using rental income to help pay for their place at the beach. Do you know what the priceless part is? You get to have your own piece of Myrtle Beach Real Estate when it’s time for your vacation. NOW is the time and we really don’t want you to miss out!

If you’re interested in Myrtle Beach Real Estate then call us, the experts, today at 843-839-9870

Vacation Homes for Sale in Myrtle Beach

by The Jerry Pinkas Team

Vacation Homes for Sale in Myrtle Beach

            Have you ever considered what it would be like to have a vacation home in Myrtle Beach? One that you could rent out during your time away (essentially paying for your mortgage or HOAS) and then coming into town whenever you want to enjoy the beach? Such a dream as exactly been that the past couple of years, a dream. However, according to new surveys done by the National Association of Realtors the sales of investment and vacation homes jumped in 2011 with the combined market share rising to the highest level since 2005. The number of investment homes rose from 749,000 in 2010 to a whopping 1.23 million in 2011. Likewise, vacation homes rose from 469,000 to just over 502,000 in 2010 and 2011, respectively.


            So why the recent spike? This is a trend we saw in the grand strand area with vacation homes for sale in Myrtle Beach selling for extraordinary deals! Investors saw an opportunity in the market as property values bottomed-out. Knowing that these values would eventually begin to rise again, they took the cash sitting in the bank and swooped up the bargain deals on the market in exchange for high rental income. According to the National Association of Realtors, approximately 41% of the investors who purchased an investment property bought at least 2. In fact these vacation homes for sale in Myrtle Beach have actually been wise investments at a time where the market allowed for properties to be let go for close to nothing; especially along the oceanfront. Consider this other interesting bit of information released by the National Association of Realtors: 42% of vacation homes purchased last year was in the south & 44% of investment homes purchased last year was in the south.


            As the market continues to grow the trend toward owning vacation homes in Myrtle Beach is here to stay, Call us today at 843-839-9870!

 

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