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Pending Home Sales Up Fourth Straight Month

by The Jerry Pinkas Team

The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in May, was up 0.1 percent to 90.7 from a upwardly revised index of 90.6 in April. 

 

The Jerry Pinkas Real Estate Selling Team reports that Myrtle Beach Real Estate has recently been selling at a brisk pace. Some of the best deals on Foreclosures and Motivated Sellers have been going quick.  We are seeing multiple offers coming in. Many buyers are now fighting to the best deals.You can get a jump on the competition with a Bank Owned Property Alert Service. You can sign up to receive new alerts as these properties hit the market.   Its a good way to get a jump on the bidding completion for the very best properties.  "Some great deals are currently being made" says Jerry Pinkas, "when you factor in the potential rental income and the current pricing, many buyers are finding the purchase of  vacation condo or second home now more affordable for the average person."  

 

 

Jerry  Pinkas Home Selling Team - is your local expert in all your Real Estate needs in the Myrtle Beach Area.  Our Team is dedicated to inform our clients on how to be a pro in the local real estate market and avoid common pitfalls that are costly. You will have access to the most comprehensive MLS Listing Service in the area with Free access and with lots of tools for both Buyers and Sellers. Award Winning – Top Ranked – Highly Recommended – Call The Pros - Google or call (843) 839-9870; Put our team to work for you today.

Myrtle Beach Realtor – Choosing a Myrtle Beach Real Estate Agent

by The Jerry Pinkas Team

There is going to be difference in the level of success you will receive, when choosing a Realtor to work with.  Maybe you have a friend of a friend that is a Realtor. Or you pick up the newspaper and find a property listed, call the Agent and pick that agent to help you find a property to buy.  Maybe you see an ad in a magazine and decide to list your condo for sale with that Myrtle Beach real estate agent.

There are many traits and habits that separate “the best” from “the rest”.

Would you entrust a surgeon with your life that has had 11 successful surgeries and still practices with equipment and knowledge from the 1960’s?   If you where on trial for murder, would you consult a lawyer who has been in court twice and refers to the books he used in collage for examples?  Of course not!  But when choosing a Myrtle Beach Realtor, you want the best in the industry.

Not to boast or brag, but only to let you know that The Jerry Pinkas Team is ranked number 10 out of over 3800 agents on the entire Grand Strand. 

You become the best through hard work and “zoom focusing” on the (often little and ordinary and boring) fundamentals of your particular job until you master them. Our team studies the market daily, and with precision.  With the Jerry Pinkas Team, our goal is to be the best in the industry.  Our Team is comprised of hard workers, willing to hone our individual job skills and master them.     

Talent matters!  The art is in putting all the ingredients together. To be the best and maintain being the best, takes action every day.

After all, a company made up of the best people in the business, must perform every day, to be the team that is unstoppable.

Skill level matters!   I read a great story about Will Smith where he attributed his success as an actor to his strong work ethic. But it is not just work ethic.  Focus, dedication, skill level, and a commitment to excellence is what it is all about.  We strive to do the right thing. If you strive to do the right thing, then the success follows, and you just don’t have to worry about the small things.

Knowledge matters!  We don’t focus on outcome.  Instead, The Jerry Pinkas Team’s primary focus is on the process that gets you there. In the same way that great athletes stay in the moment rather than obsessing about the outcome of the game, great companies keep their collective nose to the grindstone, zoom focusing on the day-to-day tasks that made them great in the first place.  We focus on our purpose and process, and this fuels our growth.

The key…..Our team is always innovating by offering new products and services, improving customer service, and staying one step ahead of the industry. The solution is by staying humble and hungry .We want to assist our clients with all their needs and wants.

It’s the little things that separate the best from the rest.

 If you can do those important little things just 20% better than the rest, you then rise to the top of your field.

 

Jerry  Pinkas Home Selling Team - is your local expert in all your Real Estate needs in the Myrtle Beach Area.  Our Team is dedicated to inform our clients on how to be a pro in the local real estate market and avoid common pitfalls that are costly. You will have access to the most comprehensive MLS Listing Service in the area with Free access and with lots of tools for both Buyers and Sellers. Award Winning – Top Ranked – Highly Recommended – Call The Pros - Google or call (843) 839-9870; Put our team to work for you today.

Looking for a Vacation Home?

by The Jerry Pinkas Team

Looking for a Vacation Home?

Top Searched Vacation Homes on AOL Search:


1. Orlando vacation homes
2. Myrtle Beach vacation homes
3. Las Vegas vacation homes
4. Florida Keys vacation homes
5. Kailua vacation homes
6. Kure Beach vacation homes
7. Kissimmee vacation homes
8. Kona vacation homes
9. Boca Raton vacation homes
10. Cape Coral vacation homes

Ready for some much needed rest and relaxation? Family vacations are one of the greatest American past times. When the kids are out of school, and if you have time off, where are you going to go?  If you had your own vacation home you would know where to go!  Don’t bother with a useless timeshare, which can have annoying and frustrating restrictions when compared to the ease of unlocking the front door to your own property. Staying a hotel can't even compare to the comfort of your own vacation home.

What do you think AOL Search users looked for when they were choosing their own vacation home? The answer was: location, location, location. Myrtle Beach ranked number 2 in the nation. Families who love excitement and adventure were after theme park vacations. Myrtle Beach now has 2 amusement parks, Family Kingdom, and the New Free Style Music Park.

If you are looking for a relaxing and scenic beach spot and you want to enjoy some shopping, concerts, and elaborate shows, you may want to check out Myrtle Beach SC Homes for Sale.  Home to over 1700 restaurants, over 100 golf courses, jet skiing, banana boat rides, parasailing, helicopter rides, upscale condos and oceanfront condos, you will love Myrtle Beach. Tons to do, but you just can’t do it all in a week. Or if you decide to just relax and enjoy the peace and quiet…….That is why many people decide to buy a second home in Myrtle Beach.

Whether you want to relax by the beach or fly upside down on a roller coaster, a vacation home can be your ultimate escape.

 

 

 

 

Jerry  Pinkas Home Selling Team - is your local expert in all your Real Estate needs in the Myrtle Beach Area.  Our Team is dedicated to inform our clients on how to be a pro in the local real estate market and avoid common pitfalls that are costly. You will have access to the most comprehensive MLS Listing Service in the area with Free access and with lots of tools for both Buyers and Sellers. Award Winning – Top Ranked – Highly Recommended – Call The Pros - Google or call (843) 839-9870; Put our team to work for you today.

 

Why Should You Buy Myrtle Beach Real Estate - Myrtle Beach Condo Deals

by The Jerry Pinkas Team
Myrtle Beach Value  - How you can profit

Myrtle Beach Real Estate and Ownership. You can make money by embracing it. How? By buying high-quality assets when others are fleeing them - and while prices are falling as a result. That's the hallmark of value investing.

Value Investing. Here are the short answers: communities in and around the Myrtle Beach area were prices went up and have fallen but in a surprising twist, not as violently as the broader market.  Does that make a better long term investment?

Consider the price run ups and price drops in Nevada, Phoenix, or Orlando (too much volatility and pain) In Myrtle Beach the prices were less dramatic than some of those other areas. Does this point to a more consistent long term investment?

Is it a good time to buy? Yes. Will you find a screaming bargain? You might, if you're patient and alert.

Buying high-quality assets when others want to get out is a hallmark of long term value investing. High quality means just that.  Myrtle Beach Oceanfront Condos For Sale, Oceanfront properties, golf course properties, the best views, quality buildings, quality resorts, great management.  The best, remains the best!

Are there screaming bargains to be had?  We are seeing some fantastic deals being made right now. This could be the time to buy that second home, retirement home, vacation rental, golf condo or oceanfront condo in Myrtle Beach. Life at the beach can be fun and lively. Where vacationers and residents, when they're not golfing, can swim, go shopping, dine in some fantastic restaurants, enjoy live theater and festivals, explore nature, and just relax and enjoy the scenery.

Basic rules of any investment! Buy when they are selling, and sell when they are buying!

In case you didn't notice....It's currently a buyer market!

It's all about the negotiating a great deal. It's NOT about the list price. All you need is finding that motivated seller. The deal of the century happens about once a week!

The lure of the beach & ocean is not going away! What is on the cover of ever retirement brochure?.....The Beach.... and the baby boomers just starting to retire.

We currently have a window of opportunity. I don't know how long it is going to last. Most people realize a good value when they see it. Recently some of the low lying fruit on the tree (low priced condos) have been picked the last 3 weeks. We have had a lot more condo sales activity in the last 3 weeks.

If you are interested in making an investment, We'll be glad to assist you with your plans. We will be glad to give you a ton of information.


Ask someone who bought back in the 1960's 1970's or 1980's.

I just haven't heard any one that was a long term investor, say they wish they hadn't bought that oceanfront condo. I usually hear I should have bought one years ago, or wish I bought more units.

Want an investment with dividends like fun, rest and relaxation? There is no better time than now!

 

Jerry  Pinkas Home Selling Team - is your local expert in all your Real Estate needs in the Myrtle Beach Area.  Our Team is dedicated to inform our clients on how to be a pro in the local real estate market and avoid common pitfalls that are costly. You will have access to the most comprehensive MLS Listing Service in the area with Free access and with lots of tools for both Buyers and Sellers. Award Winning – Top Ranked – Highly Recommended – Call The Pros - Google or call (843) 839-9870; Put our team to work for you today.

Is now the time to buy a condo in Myrtle Beach?

by The Jerry Pinkas Team

With the recent sales burst with condo sales in Myrtle Beach, now could be the time to buy.  Some of our recent clients have recently been out bid on some of the best deals on the market.   There are some great deals being made right now.  The deal of the century happens about once a week!  With Myrtle Beach Short Sales, Myrtle Beach Bank Owned Properties, and Motivated sellers in the market place, some great deals are happening.  

When was the last time you have heard of multiple offers being made on Myrtle Beach Real Estate?  It’s happening now.  Buyers are gobbling up the best deals quickly.  If you are looking to buy don’t sit on the side lines and wait.  Someone else may be looking at that same property.  They may also think it is a good deal as well.  But haven’t you read the news about how bad the economy is right now?  But you’re thinking opportunity.  Do you think it could be a good time to buy a second home at the beach?  You may find out that you have some competition.  Some of the best deals could slip through your fingers.

Some recent clients of The Jerry Pinkas Condo Selling Team have found out in the past few weeks that they weren’t the only ones to think it is a great time to buy.  Many people are starting to realize that with interest rates low, and Myrtle Beach Property prices low, it makes for a great time to buy.  Not only are interest rates low, but many people having some cash sitting on the side since they have pulled out of the stock market.  Some investors are tired of “investments on paper” and want an investment that they can see, touch, use for personal enjoyment, and also take the tax right off for rental property. 

According to CNNMoney.com, U.S. home prices are their most affordable in at least 18 years, according to a report released Monday. What is considered affordable?  Nearly 73% of all homes sold in the United States during the first three months of 2009 were considered affordable. That was the highest percentage ever reported by the 18-year-old Housing Opportunity Index, an analysis of markets compiled quarterly by the National Association of Home Builders and Wells Fargo Bank. Sinking interest rates and plummeting home prices contributed to the current affordability. Those trends have buoyed industry confidence slightly. The NAHB/Wells Fargo Housing Market Index, an indicator of builder sentiment that was also released Monday, inched up two points in May to 16 after jumping five points in April.

You have been thinking about it, now could be the time to pick up one of those deals

http://www.homeguidemyrtlebeach.com/South-Carolina/Myrtle-Beach-Condo-Living-and-Community-Info


Jerry  Pinkas Home Selling Team - is your local expert in all your Real Estate needs in the Myrtle Beach Area.  Our Team is dedicated to inform our clients on how to be a pro in the local real estate market and avoid common pitfalls that are costly. You will have access to the most comprehensive MLS Listing Service in the area with Free access and with lots of tools for both Buyers and Sellers. Award Winning – Top Ranked – Highly Recommended – Call The Pros - Google or call (843) 839-9870; Put our team to work for you today.

 

Should I Buy a Home Now?

by The Jerry Pinkas Team

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

New $7,500 Tax Credit for First Time Buyers

by The Jerry Pinkas Team

The Housing and Economic Recovery Act of 2008 was just signed by President Bush with some amazing benefits for first time homebuyers. Call everyone you know who wants to buy their first home (or who hasn't owned one in three years), this is too good to miss - it's a $7,500 tax CREDIT (not deduction but a credit).

If you have not owned a home in three years, you qualify as a first time home buyer. If you buy a home after April 9, 2008 and before July 1, 2009, you qualify for this credit. Call your friends who just bought a home since April 9th and tell them they may take $7,500 off their tax bill if they qualify. It has to be your principal residence, so rentals do not count.

The tax credit is 10% of the cost of the home, up to a maximum of $7,500. This is not an additional deduction that lowers the amount of income to be taxed, it is a tax credit. In other words, you take $7,500 off your tax bill. But there is a catch; the credit you receive now is actually an interest-free loan that must be repaid.

The loan has no interest, and will be paid back over 15 years. You get the credit on your 2008 taxes, but you start paying it back on your 2010 taxes that are due in 2011, so you get at least two years without a payment. You pay back 6.67% of the credit each year, so for a $7,500 credit the payment is $502.50 per year. If you stay put for 15 years, you pay it off with no interest.

What happens if you sell the house? You pay the balance back at the closing. So, you get $7,500 now, and pay the rest of it back if you make money on the sale of your house. What happens if you do not make enough money when you sell your house? They forgive the rest of the debt.

Other restrictions stipulate that you have to buy your first house in three years before July 1, 2009, not have super high income, not use bond financing and buy anywhere in the US.

If you'd like to learn more about this program, please call me!

Displaying blog entries 511-517 of 517

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