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What to do after you buy a home in Myrtle Beach

by Jerry Pinkas

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Congratulations! You have just purchased your new dream home in Myrtle Beach and are settling into the good life that this beautiful city provides. The movers have come and gone, the clothing is hung, the plates are put away and the cardboard boxes have all been disassembled. Now what?

The neverending list of "to-do's" that come with moving are sure to make your head spin a bit. There are a few obvious items that some families forget to do after they purchase their new home, as well as some things that may not be as obvious but can help families in the transition. We understand that the list can seem tedious so we wanted to help. 

 Below we have a new home checklist, complete with 11 things to do after residents have unpacked and settled into their new home in Myrtle Beach. Our hope with the checklist is to help you stay organized and remind you of a few items you may have forgotten or not thought of during the chaos that comes with moving. We are here to help and hope this makes the process a little easier for you and your family! 

 

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1. You should definitely change the locks

Do you know how many spare keys were made to your new home before you moved it? It really is impossible to tell. There is something to be said about feeling safe in your own home, and the first step in that is knowing that your front door and all points of entry to your home are secure. To accomplish this, one of the first things you should look into doing after moving in is updating the locks on all the doors. This will ensure your new Myrtle Beach home is protected and will deter any unwanted visitors that decide to drop in for a visit.

It is also a good idea to consider installing new deadbolts and smart locks. These are available at almost all local home improvement stores such as Home Depot and Lowes.

  

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2. Copy and secure important housing documents

After you close on your house, you should make copies of the home closing documents for your records. It is helpful to store and secure them (and other important documents) in a fireproof safe somewhere in your home that is out of the way and not in plain sight (closets or offices are popular spots). You should also send a copy of these documents to your financial institution for a layer of added security. This ensures that in the unfortunate event that something was to happen to your home, that you have copies and access to documents that you may need quickly. There is nothing worse than going through a terrible, unforeseen event involving your home and not having the proper documents you need.

  

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3. Update home technology

Continuing the home safety conversation, it may be a good time to look into updating the home technology such as the security system and smart home tech. If there is not a home security system currently installed, you may want to integrate it into your home. This extra layer of protection will help to give you peace of mind that your family is safe and your home is secure.

On that note, it is also a great time to familiarize yourself and your family with the electrical system of the home. Find where the meter and fuse boxes are to ensure you can access them easily and quickly when needed. The worst time to find these systems are when you need them!

 

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4. Scrub-a-Dub! Schedule a deep cleaning for your new home

Let’s be honest, everyone loves a clean home. And while your new home may look spotless when you get the keys, it is always a good idea to schedule a deep cleaning from top to bottom shortly after you move in. Areas such as carpets, ceiling fans, pools and windows have more than likely accumulated dust and dander’s prior to and while you were moving in. The cleaning can of course can be accomplished on your own, or if you feel like you’ve put in enough manual labor while moving, you can hire a local cleaning service to deep clean the entire home. 

 

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5. Personalize your new mailbox

Now that you have unpacked and settled into your new home in Myrtle Beach, add an extra touch of personalization to your mailbox to let your new neighbors (and the mailman) know you are here! It does not make a difference if your mailbox is attached or detached - there are a variety of ways to personalize them such as updating your name and replacing the home address numbers if they are faded or weathered. These are inexpensive and fun ways to put your own touch on the home! 

  

buying a condo in myrtle beach sc

6. Test fire safety in your new home

It is very important (and commonly overlooked) to keep fire safety and prevention at the forefront of your mind while you are unpacking. A way families can do this is by checking to make sure that the carbon monoxide and smoke detectors have been properly installed, that they are working and that they are clean. It is also a good idea to check the expiration dates of fire extinguishes that are in the house and, if necessary, purchase new ones for the entry level of your new home.

  

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7. Heating and air conditioning

You should look to ensure that the air ducts in your new home are clear and not blocked, and also that the settings on the water heater and set to your preference. Home owners should also check the air conditioning and furnace filters to ensure they are clear, and prepare to change them if necessary.

  

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8. Freshen your new interior

One of the best parts of moving into a new home is having an excuse to start fresh and customize certain parts of the home to your liking and preferences. Put your personal touch on your new pad by updating window treatments and screens, installing new flooring, applying a new coat of paint, installing fresh cabinetry and putting in new organizational systems to help keep everything in its place. It obviously would be ideal to complete all these items prior to your move in date, but some families do not always have that luxury. In the event you are not able to complete these before you move in, starting them shortly after you are settled would be best to avoid having to constantly move personal items and furniture.  

 

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9. Update your new address

A task that is obvious but commonly forgotten about during the moving process is to update your new address. The first place you will want to notify of your move is your local post office to ensure your mail is beinging forwareded to your new home. Next, you will want to let your insurance companies, financial institutions and employer know of your change of address. Lastly, you will want to make sure within the first few weeks of your move to head to your local DMV to update your license. For more information on the Department of Motor Vehicles for South Carolina, click here.

 

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10.  Make evacuation plans for your family in your new home

The best time to make a plan for a potential emergency is before it happens. After you move into your new home, you should locate a few exit points for you and your family to use in the event of an emergency. You should also identify a nearby meeting place for the members of your family to meet at if anything were to happen and you were to be separated. This place can be a spot at a nearby park, the nearest school parking lot or library, or even the house of a close family or friend. Some families even find it comforting to invest in evacuation tools or an escape ladder to make sure they are prepared for anything that comes their way.

 

11. Locate your nearest weather shelter

You never know when mother nature is going to turn and bad weather will hit. In preparation for this, you will always want to go to your basement or underground shelter first. If your home does not have a basement or shelter, it is important to pinpoint the lowest level of your home that does not have any windows to take shelter in. It again is always best to be prepared and identify these areas before you need them. Also, be sure you and your family take the time to update the severe weather alert on your phones to stay informed as weather develops in your area.

 

We hope these tips and ideas are helpful for you and your family during and after your move, and gave some insight on how to keep your home and family safe. Myrtle Beach is a great place to live and there is no doubt that you will enjoy all the benefits this great city affords its residents. If you have questions or if our team can help with anything, please don't hesitate to reach out. Welcome to Myrtle Beach! 


You have questions, we have answers give us a call 843-839-9870

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No HOA Fees Myrtle Beach

by Jerry Pinkas

no hoa homes for sale myrtle beach sc

 

 

 

 

 

 

 

 

 

 

Why is it common for Myrtle Beach home buyers to look for little or no HOA fees?

When purchasing a home in Myrtle Beach, it is no secret that there are a lot of factors to consider when starting your search. Items such as lot size, neighborhood and proximity to schools, work and family/friends tend to be of higher priority when the search begins. Another important item that a lot of buyers look for, and sometimes will divert them from their perfect home, is HOA fees.

It is common for townhomes and condos in Myrtle Beach to have HOA fees, but you will also see many neighborhoods and subdivisions that require these fees as well. A common request we see from buyers when starting their search in the area is for the property to have little or no HOA fees, as they assume it is just an additional monthly cost for them to incur.  What many buyers don’t realize is what you get for your money and how the benefits have the potential to outweigh the cost for you and your family. It is essential to take into account what is important to you, what you can afford and everything that is included within the dues when purchasing a property with HOA fees. 


Let us give you a relatable real life example: image you just purchased your dream home in Myrtle Beach (YES!). What expenses do you have for that home? Electric? Water? Cable? Internet? Insurance? Chances are you will have most of those bills, and probably a few more. Now what if we told you that your HOA fee potentially covered all those monthly bills for you? Do I have your attention yet?

Many HOA fees cover those expenses and much more (we will touch more on this below). It is also very important to consider what is involved in those fees, and unfortunately, a lot of that information is either not provided or not easily accessible online for home buyers. It is therefore difficult to distinguish what is covered and not covered in those HOA fees. This is where the Jerry Pinkas Reality Team comes in. We can help you figure out exactly what the fees are and exactly what is included to help you decide if it is worth the cost for you and if it could benefit your family. We also help you avoid the ones that you should stay away from. Our team wants to help you avoid the pitfalls that a lot of people fall into when it comes to HOA fees in hopes to make the home buying process as seamless and painless as possible.


average hoa fees in south carolina

 

 

 

 

 

 

 

 

 

 

 

 

What are the benefits of having HOA fees in Myrtle Beach?

As stated above, when buying a home in Myrtle Beach, some buyers may be cautious of purchasing (and even looking at) properties that have HOA fees as they think it is just another monthly expense. Others may see HOA’s as a pain and slightly restricting because they have the ability to control things such as the type of mailbox you can have on your property or the color that you paint the exterior of your home.  But what many buyers don’t understand is the larger picture and how these regulations can actually often protect the value of your home. There are also many other ways in which HOA fees can actually benefit and work in your favor and we have listed a few below for you to review.

No matter the property, there is always some type of maintenance required to keep up the appearance and functionality of the home. And if you have ever owned a home, you have probably come to know and appreciate the amount of money spent on this type of maintenance. A benefit to HOA fees is that the dues cover the upkeep of the property, and therefore the homeowner doesn’t have to worry about putting the time or money into maintenance. It can cover things such as pools, elevators, accounting, security and all exterior maintenance. This is a huge relief and perk for homeowners in Myrtle Beach because you own the space, but don’t have to take on the burden or worry of managing the property. That’s what we call a WIN-WIN!

benefits of hoa fee infographic

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Another advantage to HOA fees is insurance coverage, as many condo fees cover the insurance of the building, including liability and hazard insurance. This is great for owners as it is one less thing for them to worry about each month. HOA fees also usually cover property updates, which gives buyers a peace of mind knowing that their property will continue to be updated and stay in good shape. The fees usually go towards a reserve account which is used for potential improvements, as well as to cover damage from unexpected events that may not be planned for in the budget. For example, if a large storm rolled through Myrtle Beach and damaged the roofing, the reserve money would go to repair this and the owner would not need to worry about it. It could also end up saving them money in the future.

Amenities are another benefit and probably one of the most appealing benefits of HOA fees for Myrtle Beach home buyers. Select communities offer conveniences such as gyms, basketball and tennis courts, swimming pools, and clubhouses that are paid for and maintained through HOA fees, and offer additional entertainment that compensates for the cost of the fees. Lastly, and arguably the most important, benefit of HOA fees is that they can help protect the property value of the home by enforcing certain restrictions on residents. Some of these include restricting your neighbor from painting their house a bright, unconventional color and ensuring properties are kept up to avoid them becoming eye sores, just to name a few. This allows for homeowners to have confidence that their property will retain its value, and they can also voice their options on community updates and changes by participating in HOA meetings.


buying a condo in myrtle beach is it a good investment

 

 

 

 

 

 

 

 

 

 

What is covered in a Condominium HOA fee in Myrtle Beach

Condo HOA fees are usually paid either monthly or quarterly to the condo buildings governing homeowner association, which is comprised of local residents that uphold the rules of the condo. These rules are not meant to be irritating for residents, but rather are intended to upkeep the value and appearance of the buildings, as the fees residents submit are used to pay for necessary maintenance around the building.

One of the main uses for HOA fees include typical maintenance items for Myrtle Beach condos. A few that are covered by HOA fees include upkeep of common areas such as lobbies, clubhouses and elevators, lawn and landscaping care, swimming pool maintenance and trash removal.  Pretty much anything outside the walls of your unit, which you are responsible for on your own, are under the watch of the homeowner’s association. This is great for individuals who don’t have time to constantly maintain their condo or for someone who purchased the condo as a second home or rental property, as you can also ensure the property will look good while you are away.

Additionally, many condo fees conveniently include insurance on the building. Other items that are covered under a condominium HOA fee include special assessments (which are usually for older condo buildings) and master insurance policy, which goes towards the master insurance of the entire condo building. Owners may (and typically do) get their own insurance for their unit and their belongings, but the master insurance policy typically covers incidences such as storm damage, fire and liability of the property.  


condos in myrtle beach with low hoa fees

 

 

 

 

 

 

 

 

 

 

What is covered in a single-family HOA fee in Myrtle Beach?

HOA fees for single-family homes are usually paid monthly, and these developments are traditionally the typical suburban neighborhood with stand-alone homes. HOA fees for neighborhood maintenance usually include areas such as recreational spaces, parks, playgrounds, parking lots, community swimming pools, sidewalks and gyms.

condos without hoa fees

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How much are HOA fees in Myrtle Beach?

That answer really depends on the property you purchase. Fees can range anywhere from under $100 per month to over $500 per month, and there are many factors that go into determining the cost.


Why should we call the Jerry Pinkas Realty team with our HOA questions?

 We know there is a lot of information that buyers in Myrtle Beach need to asses when it comes to purchasing a home, but we want to make sure that you have all the information you need about HOA fees to make the right decision for you and your family. Like we spoke about earlier, a lot of information is not found online regarding these fees, and you need to equip yourself with the correct information. So please don’t hesitate to call us today with questions or for more information. We can help inform you on where your money will go when it comes to HOA fees in Myrtle Beach!


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Pick up the phone and call 843-839-9870


Best Realtor in Myrtle Beach


Why pick average, when you can have an expert?

Give us a call 843-839-9870


PS: Get The FREE Myrtle Beach Real Estate App for Iphones or Android

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Moving To Myrtle Beach? Don't Make This Mistake!

by Jerry Pinkas

Moving to Myrtle Beach South Carolina

 

Oh the anticipation! What mistake should I avoid when moving to Myrtle Beach?

So you recently moved to Myrtle Beach and are settling into your new home and enjoying the good life and everything beautiful South Carolina has to offer. The kitchen appliances have all found a home, your closet is meticulously organized, the wall art is hung and the last of the moving boxes have been recycled. You think you checked everything off your mile long moving list and are starting to feel some calm and peace in your day to day life. Sound familiar?

 

What most new residents to Myrtle Beach don’t realize is there is still one important lingering item that needs to be completed- and soon! Can you think of it? We'll give you a hint: You need to change your vehicle tags to South Carolina! Many people don’t think about putting it on their list or moreover, if they do rememeber, they don’t think its an important task to complete after they move here.

What some individuals don’t realize is that new residents have 30 days after they first move to the state to change their tags. There are some avoidable repercussions if you don’t, and The Jerry Pinkas Real Estate Team wants to make sure that you don’t make this mistake when moving to Myrtle BeachSound like a daunting task? Worry not, as we have all the information you will possibly need (and maybe a little more) on how to update your vehicle tags to reflect your beautiful and vibrant new home in the stunning state of South Carolina.

 

Updating your Tags when Moving to Myrtle Beach

Why is it important to change my tags when moving to Myrtle Beach?

There are a few reasons why it is important to update your vehicle tags after moving to Myrtle Beach. The first involves the “avoidable repercussions” that we spoke about earlier. A ticket. Yes, law officials are (and probably will) issue you a ticket if you have lived in the area more than 30 days and do not have state issued tags.

Many residents push the task aside thinking they will get away it, mainly because Myrtle Beach is a transient area filled with out of town guests and vacationers that flock here to enjoy the beautiful weather and glistening beaches. And let’s be honest, most people try to avoid the Department of Motor Vehicles like the plague due to slow moving ticket numbers resulting in long wait times. But it really isn’t worth the risk of getting a ticket if a law official finds out you actually are a resident and not just passing through the area? Our team sure doesn't think so. Especially since we laid out everything you need to do to avoid this mistake that many new residents of Myrtle Beach unfortunately fall into.  

south carolina license plate laws

The second reason residents should change their tags when moving to Myrtle Beach is actually a benefit and a should be a motivator to head directly to your local Department of Motor Vehicles. Lower taxes! Once you change your vehicle’s tags over, residents will be happy to know that their taxes here in the state of South Carolina will amount to a lot less than what other residents are paying in other states around the country. In fact, South Carolina is in the top ten states in the country with the lowest tax burden! Go SC!

And on a related note, it is also very important to update your address when moving to South Carolina on all official documents, as the state sends out essential information to the address that is documented on your license. A resident has ten days after moving to change their address with the South Carolina Department of Motor Vehicles, and once that is complete, all driver and vehicle records will be updated simultaneously. And speaking of licenses, it is imperative for residents that move to South Carolina from another state to apply for a South Carolina license or ID. Once the resident attains their new license, it is required that they turn over their out-of-state license or ID at that time. So brush that hair and get out your favorite shirt, and head over to your local Department of Motor Vehicles for your shiny new South Carolina license!

 

South Carolina License Plate

  

What is the process of changing my tags?

We thought you would never ask! New residents of Myrtle Beach are able to register their car either by mail or in person with the South Carolina Motor Vehicle Division. Before you are able to register your car, residents must first pay the county’s vehicle property tax with the county auditor (for a list of counties, please click here). It is very important get this done first as there is nothing worse than painfully waiting in line at the Department of Motor Vehicles only to be told you don’t have what you need and to come back. This will not only cause frustration, but also add unnecessary time to your visit. And let’s be honest, the main goal is to get in and GET OUT as soon as possible.

After paying the small tax, ensure you hold on to the original paid vehicle property tax receipt, as you will need this in the next step to register your vehicle. Residents that move to South Carolina from out-of-state after July, 1 2017 also have to pay a one-time Infrastructure Maintenance Fee (or IMF) of $250 – this is in addition to the fees applicable to the title, registration and property tax. After you have the receipts, residents of Myrtle Beach are now ready to register their vehicle.

The next step is to head to your local Department of Motor Vehicles - the address for the Department of Motor Vehicles in Myrtle Beach is 1200 21st Ave N, Myrtle Beach, SC 29577. Hopefully there is a short line (or ideally, none at all!) and you can then get your in state registration and license. Starting the month that the vehicle was registered, the South Carolina car registration certificate is valid for two years.

 

South Carolina Department of Motor Vehicles

What do I need to bring with me to transfer my out-of-state title and/or registration?

You will need to bring a few things with you the day you go for your in state tags. Be sure to check that you have ALL of the following items or you will not be able to complete the process that day:

-Registration and title payment

-$250 Infrastructure Maintenance Fee

-Liability insurance information

-The original receipt showing payment in full for the vehicle property tax

-Out-of-state vehicle title and/or registration

-Completed SCDMV Form 400 (commonly known as the Application for Certificate of Title/Registration)

-Identification | Acceptable forms include driver’s license, identification card, passport (with visa), permanent residency card or an Employment Authorization Document (or EAD).

Living part time in Myrtle Beach


What if I only live in South Carolina part of the year? Do I still need to register my vehicle?  

Good question! If you own a vacation home in Myrtle Beach and your vehicle stays at that home for six months or more of the year you need to do the following items. First, you need to complete the Statement of Vehicle Operation (SCDMV Form TI-006) and bring a minimum of one of the following to a South Carolina Division of Motor Vehicle branch:

-If you lease a home/apartment or are a homeowner in the state, and you own the vehicle, you must provide proof of one South Carolina address from the list on the SCDMV (or United States Citizen’s Checklist).

-If you are employed in South Carolina and own the vehicle, you must provide a letter from your employer confirming your employment with them.

-If you are the owner of the vehicle and are not the homeowner or person leasing the home you reside in, you must complete and bring the SCDMV Form TI-006 (or Statement of Vehicle Operation). You will also need to bring a copy of the homeowner’s valid South Carolina license or ID and the correct address, and the homeowner must visit a South Carolina Division of Motor Vehicle branch with you to complete the SCDMV Form TI-006A (or Affidavit of Vehicle Principally Garaged at South Carolina Residence).  


We hope this information helps make your transition a little smoother. Our team at Jerry Pinkas Realty want to help you avoid the common pitfalls of moving that most realtors don’t advise on. We are here to not only help you find your perfect home, but help make the moving process as seamless as possible. Please contact us today with any questions you have on this topic and we will do our best to help you navigate the South Carolina requirements for switching over your out-of-state tags. Contact us today! 

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Pick up the phone and call 843-839-9870


Best Realtor in Myrtle Beach


Why pick average, when you can have an expert?

Give us a call 843-839-9870


PS: Get The FREE Myrtle Beach Real Estate App for Iphones or Android

Myrtle Beach Real Estate App For Iphone     Myrtle Beach Real Estate App for Android

Tiny Houses For Sale Myrtle Beach

by Jerry Pinkas

Tiny Homes for Sale Myrtle Beach SC

What is the Tiny House Movement?

It’s official - the country is currently in a love affair with tiny houses. We are seeing more and more people in Myrtle Beach realizing and appreciating the idea that small is beautiful and often more realistic for their budgets and lifestyles. Tiny houses are a growing trend and gaining popularity with young families, retirees and visitors looking for a second home in this beautiful city, and the homes vary in location, size and style. There are a range of communities in Myrtle Beach that offer great options, including bright, colorful beach homes that are perfectly situated on or near the water. These quaint and charming homes provide an affordable alternative for families and allow them to simplify their life, while still enjoying all the beauty Myrtle Beach and the surrounding areas have to offer. And being located in the heart of the Grand Strand with some of the best coastal and beach properties in the country, Myrtle Beach is an ideal place for any family to settle into. 


If you were to take a drive around many new neighborhoods in Myrtle Beach, chances are you will discover street after street, row after row of large homes that have the same design, hues and landscaping. While beautiful, many look like they came straight off an assembly line and landed straight on the cul-de-sac. Ironically enough, smaller families are often the ones who occupy these homes, scattering every family member into different rooms in different parts of the house, thus limiting quality interaction and family time. You will even find smaller homes being town down in older neighborhoods around town in an effort to erect these enormous, cookie cutter homes. But with these large homes comes large mortgages, energy and electrics bills and overall cost of living. Many families in Myrtle Beach are realizing that bigger isn’t always better and are looking into smaller homes to settle into, on average around 800-1,200 square feet. The attractive characteristics of living smaller far outweigh any drawbacks for many in South Carolina, and here we are with a tiny house movement. We hope this blog opens your mind to the perks of living small and why it could prove to be a beneficial move for you and your family.

 

Why are People Going Tiny Houses?

Why Are People Going Tiny?

Needless to say that people are infatuated and excited with this new concept. But why has this trend popped up and caught fire so fast, especially in Myrtle Beach? And why are many American’s moving away from the average 2,300 square foot homes? For a few reasons really. Have you ever felt tied down with your mortgage? Felt you are surrounded by useless items you never use? Enter tiny homes. The idea of a home that people can buy, pay off relatively quickly, and customize down to the smallest detail, is very attractive in comparison to the traditional home. The financial and emotional freedom that tiny homes afford are why so many people are making such a drastic change in their life. And with Myrtle Beach being recongized as one of the top retirement towns in the country, many retirees are flocking here to start the next chapter of their life and also looking to downsize and simplify their life. And what better way to lower square footage and live comfortably in retirement then purchasing a tiny home?  

 

Smaller homes may be better after all!

What are the Pros and Cons of Tiny Living?

There are many positive aspects to families transitioning to smaller homes, one of them being that smaller houses are often much more energy efficient than a traditional home due to less square feet to cool and heat. Home owners also have less cleaning and maintenance to worry about because less rooms equals less mess! This leaves more time for individuals and families in Myrtle Beach to do more of what they love and spend quality time making beautiful memories. It also gives people the chance to start over with a fresh perspective by purge their unneeded possessions and get ‘back to the basics.’

There is also an understated coziness and intimate feeling when you enter a tiny home, which is very welcoming to guests and something that larger homes often lack. And if you are looking for something unique to call home, something different from the norm of ‘regular’ homes, tiny houses are definitely everything you are looking for! Lastly, and arguably the most important, tiny homes are just downright less expensive. Your mortgage will be less, energy and electric will be far less and you have less areas to decorate. This leaves more money for experiencing life, like taking that trip you’ve been wanting to take for years but couldn’t swing in the monthly budget or starting that new business or hobby you’ve been dreaming about. The opportunities are endless when you have more spending money each month for yourself and not going back into square feet you don’t need.

Of course with every good move there are always a few compromises. Living in a tiny home means that space is a precious commodity and you must use it wisely to optimize your living environment. While it is easier to clean, the space can feel slightly smaller when things are out of place and a little messy. You may have dual uses for areas, such as the kitchen table doubling as a work desk, and the living room floor as a work out area. Family members will also have to be respectful with noises like talking too loudly on the phone while someone is doing homework or watching TV late at night while others are trying to sleep. While there are always pros and cons to every decision, we feel with a little understanding and getting used to that the pros of tiny living in Myrtle Beach far outweigh the cons.  

 

Tiny Homes in Myrtle Beach a Great Investment

Are Tiny Houses Good Investments?

We sure think so! As you pay down the mortgage on your tiny home, your home equity will increase which is always a good way to boost things such as retirement funds. And since tiny houses tend to be much less expensive than larger homes, some homes in Myrtle Beach starting around $60,000, home owners are able to pay their mortgages off in less time and for less out of pocket each month, as well as save on taxes. This again allows families to put money towards other activities and investments that will better their future. Most tiny homes are also located in very charming and desired locations around Myrtle Beach as they don’t take up large plots of land like a traditional sized home in most neighborhoods. You may find yourself in the heart of Myrtle Beach, walking distance to shops and restaurants, or beachside with a colorful tiny home and the glistening water as your backyard. It also helps that Myrtle Beach is a very desired destination for families, retireees and vacationers, and there are many options when it comes to tiny homes for sale in the area. 

 

Tiny Homes for Second Homes

Are Tiny Homes Good Second Homes? 

Tiny homes make for a wonderful second home! Chances are you’ve taken a few vacations in your lifetime. Have you ever looked around and thought “I could see myself living here!” Many second homes are vacation homes and there is nothing better than going on a vacation to a place that feels like home. And with incredible beaches, amazing restaurants and top ranked board walk, Myrtle Beach is an ideal and very popular destination for vacationers around the country.

A tiny home is perfect for a second home because you have a place that is familiar and you can settle into when you are wanting to get away for a bit. Since it is not your everyday home, you don’t need a lot of square footage to feel comfortable, and it is very low upkeep compared to a large home in the weeks you are away. You are also able to leave and store items that you only use while you are there, alleviating the need to over pack and simplifies traveling and packing for everyone.  

Many people think that a second vacation home or investment property is out of reach because of the large price tag. But with a tiny home this idea becomes much more tangible as they are lower in price, thus a lower mortgage payment, and you are also able to rent it out when you are not staying there. And lets face it, with how popular Myrtle Beach is, you should have no problem renting it out. This can help to offset the cost each month, or if purchasing as an investment property, it’s a great way to pay the entire mortgage each month and even make a little (or a lot of) profit. Overall, tiny homes are a great option when looking to purchase a second home and should be considered a top pick when starting your search in Myrtle Beach.


Tiny Homes with Great Waterfront Views in Myrtle Beach

Why Should I Consider a Tiny Home in Myrtle Beach?

Myrtle Beach is a very desirable location that offers guests and residents the best of shopping, dining and entertainment. The beaches are beautiful, golf is world-class and people flock there year round to enjoy everything the area has to offer. With that said, purchasing a home of any sort in Myrtle Beach is a wonderful investment, but a tiny home is especially special. There are many quaint, beautiful tiny homes around the city and near the water that are perfect for families of all sizes and budgets, but they may be difficult for you to search for online as they are not always listed. Leave that to us. We can schedule a time to show you a tiny house in person that fits your wish list and checks off all the criteria you are looking for.

For a list of small homes for sale in Myrtle Beach, click here. We have helped numerous familes find their perfect tiny home, and we encourage you to pick up the phone and let the Jerry Pinkas Real Estate Experts help you find your ideal tiny home in Myrtle Beach today. You never know, your future house or vacation home may be one click or call away!

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Pick up the phone and call 843-839-9870

Best Realtor in Myrtle Beach

Tiny Homes Myrtle Beach for Sale

Why pick average, when you can have an expert?

Which tiny home is right for you?

Give us a call 843-839-9870


PS: Get The FREE Myrtle Beach Real Estate App for Iphones or Android

Myrtle Beach Real Estate App For Iphone     Myrtle Beach Real Estate App for Android


Small Houses For Sale in Myrtle Beach

What Is A Condotel In Myrtle Beach

by Jerry Pinkas

What Is A Condotel In Myrtle Beach, SC

There is a lot of bad advice on the internet about condotels. I hear countless stories of confusion and people being ripped off by real estate agencies, who don’t have correct or ineffective information. Because I’m a good citizen of the real estate world, I’ve decided to give this information to the general public so they don’t get in trouble when buying a condo in Myrtle Beach, SC.

What Is A Condotel In Myrtle Beach

So what’s the difference between a condotel and a condo

 When people start looking at condos on-line, the common misconception, all condos are the same and their arn't any other categories for properties in a complex. The fact is most consumers have no idea that they may, in-fact, be looking at a condotel property listing. Nowhere in the listing or description does it use the word condotel. If you’re the average person, it’s impossible to know what you’re looking at. There are several big issues you will discover. For example; when you go to your hometown lender, (whom you may have dealing with for years) and then you tell them you’re buying a ‘condo at the beach’. They say great! ...fill out this application and you get a pre-approval letter. The problem arises when you take that pre approval letter to your real estate agent in Myrtle Beach. If find a property you wish to purchase, then get the seller to agree to a price, take the contract to the lender… everything seems normal and smooth. Until, you find out, usually the week before closing, the underwriter for the lender, says they don’t do condotels, they only finance condos! Seen it happen hundreds of times with unexperienced real estate agents and consumers. Many national, big named banks will not finance a condotel. Locally, we have a handful of local lenders, with very competitive rates, that know the market and will finance these properties. Having the Jerry Pinkas Real Estate Experts help you when you’re looking can save you thousands of dollars and tons of aggravation.

difference between a condotel and a condo

How can you tell if it’s a condotel

A condotel is a property that can be rented by the night, week or month. So you say; most properties at the beach are that way. Well, when you look closer, some of the condominium projects have a front registration desk. Just like a condo, but run like a hotel. The property may run with housekeeping, cleaning service, linens towels etc. Each “unit” or condo is owned individually. The unit owners have the option to put their condo on the hotels rental program where it is rented out like a hotel room. Reservations are booked on line and even walk up customers can rent the room by the night, week or month.

condotel for sale

Pros and cons of Condotel ownership.

Pros include rental income that may help offset the costs of ownership; like mortgage, homeowners association fees and real estate taxes etc. As an owner, you’ll also have the advantage of rental rates going higher with inflation,(extra income) and the potential price appreciation of the condo.

Condotel vs Condo

On the down side, even though you own the unit you may have to “book” your time in advance. Once you put it on a rental program, you have hired the rental company to rent it out, and you may have to block your personal time. (so no one uses your unit during your vacation time) Also many rental contracts read you cannot use your unit any more that 2 or even 3 weeks during the peak season. (See the individual agrement) As an example; if you’re purchasing at the beach, peak season (highest rental dollars/income) come in during the summer months. So if you’re looking for income, the more you use your unit in the summer, the less income you will have. Many people let people renting their condo “pay for their place at the beach” with big rental dollars coming in during the summer and banking money for the slower seasons. Many owners will use their condo personally in the shoulder seasons or off seasons.

Pros and cons of Condotel

Are Condotels in Myrtle Beach a good investment?

The truth is, not all condotels are good investments! The best condos give off massive amounts of income! Some units are what we call alligators and they will eat you alive. On the other hand, some units are Rental Machines and continue to produce high revenues, year after year and historically increase in value with both high rental income and condo unit appreciation.

Condotel Video

What are condos in Myrtle Beach so Cheap?

With 65 miles of pristine beach and hundreds of resort complexes near the beach, there are well over 10,000 oceanfront resort and golf condos in the area. Basic rules of supply and demand, have kept prices low. But it won’t stay this way for long. Prices and rental income are going up. The lure of the beach and ocean is strong! Many baby boomers and retirees are using their investment for income and diversifying into rental income!

Myrtle Beach Cheap Condos For Sale

Rentals, Income & Management Fees

The main thing that makes a traditional condo different from a condotel is the setup of short term rentals. A typical condotel is going to feel like a hotel, with rent on a short term basis, one night,  a week, weekend, etc.

A front desk or a check in/out facility on site, daily maid services, central phone system, electronically programed key systems, linens and towels and even the furnishings have the feel of a hotel.

In the best resorts and properties have occupancy rates that exceed 80% annually, and produce fantastic rental proceeds for the owners.

HOA fees are typically budgeted and setup as all-inclusive HOA fees. The interior electric, water/sewer, cable, internet, insurances and more, are all covered in your monthly condo/HOA fee. If you never used your property, or had it booked year round, or lived in your unit full time, you would pay the exact same monthly fee either way.

It is not uncommon to find rental management companies with commission in the range of 20-40% range  with condotels. Onsite operations with huge marketing budgets, daily maid services, maintenance and 24hr front desk staff take acre of any situation that arises very quickly.

best investment property in myrtle beach

Financing a Myrtle Beach Condotel

Financing exists! It may be hard to find it, with all the changes in the programs on a weekly and monthly basis, but that is why you need an expert to guide you.  Today condotels are not Fannie Mae approved properties, they are what the lenders &  banks call “non-warrantable”. Meaning, your typical mortgage broker or lender cannot provide you with a loan. The reason they don’t finance; most banks are backed by an entity like Fannie Mae,  and these properties don’t meet government backed loans. With limited amounts of condotel financing, many people end up paying cash, or do a home equity loan, find creative financing or work with a local expert that can guide them through the process. Jerry Pinkas Real Estate Experts helps their clients be the pro in the market.

Financing a condo in Myrtle Beach

Who is the best Realtor for buying a condo in Myrtle Beach

If you would like to know more about condotels, or if you are thinking about buying one, you absolutely must work with a real estate professional that understand the ins and outs of the local market. Knowing the difference between a rental machine and an alligator… is a skill. We put our money where our mouth is! We personally own units at the beach, we have helped thousands of people make educated decisions and helped many avoid the pitfalls that are costly. This is what we do. We do it every day and we’re good at it.

Pick up the phone and call 843-839-9870

Best Realtor in Myrtle Beach

Condotels Myrtle Beach for Sale

Why pick average, when you can have an expert?

Which condo or condotel is right for you?

Give us a call 843-839-9870


PS: Get The FREE Myrtle Beach Real Estate App for Iphones or Android

Myrtle Beach Real Estate App For Iphone     Myrtle Beach Real Estate App for Android

Myrtle Beach Condos for Sale

Carolina Dunes Is the Ideal Place to Buy Your New Condo

by Jerry Pinkas

As we get into the winter months, you may be wondering why you would want to buy a condo in Myrtle Beach now? Well as they say, the early bird gets the worm.  And there are some great condos for sale right now in Carolina Dunes.  If you’re the type that loves to visit Myrtle Beach oceanfront regularly, then buying a condo is a great idea.  And you can rent it out to other vacationers and bring in extra revenue.

You have all the comforts of home here at Carolina Dunes. All the condos here are designed with comfort and convenience in mind.  Right now there are 3 units available, 2 units with 2 beds, 2 baths, and one unit with 3 beds, 2 baths (availability subject to change). You also get a fully equipped kitchen with all the major appliances along with washer and dryer.  And don’t forget the stunning oceanfront view from your balcony!

Not only are these condos some of the cleanest and most convenient condos in the Cherry Grove community of North Myrtle Beach Condos, but they have the best amenities.  You’ll be right on the oceanfront.  And you can enjoy the indoor and outdoor heated pools, along with a kiddy pool for the kids!

Take a look at these fine units available right now at Carolina Dunes. And if these condos don’t fit your needs, we have many more available for your review.

Check Out Our Latest Videos

by Jerry Pinkas

As any of our regular blog readers know, Jerry creates quite a few videos featuring tips and information about buying and selling real estate and condos here in Myrtle Beach and the surrounding area, as well as tips about living a great life.  Take a look at his YouTube Channel and subscribe for continually updating videos from Jerry.

Here are 3 of his latest videos for your review.  Jerry talks about how to find the best deals on Myrtle Beach houses for sale, how to find pet friendly condos, and how to sell your house in Myrtle Beach.

How to Find the Best Deals on Myrtle Beach SC Houses For Sale

 

How do I Find Pet Friendly Condos for Sale in Myrtle Beach SC

 

How to Sell Your Myrtle Beach House Fast for Cash and get Top Dollar


Several Prime Condos Available in Caribbean Resort and Villas

by Jerry Pinkas

If you’re thinking about vacation plans for this coming spring, then now is the time to think about whether you want to buy or rent a condo in Myrtle Beach.  If you come to the beach on a fairly regular basis, then have you thought about buying a condo? It makes sense, as you will have your own private accommodations ready for your vacation.  And you can make residual income by renting your oceanfront condo to people vacationing in Myrtle Beach.

Caribbean Resort and Villas has several condos available for sale right now.  There’s a variety of sizes and layouts available, all fully furnished and decorated. All condos come with a full kitchen with all the appliances.  There’s also HDTV, onsite laundry room, free Wi-Fi, and private balcony areas.

And the on-site resort amenities are just as impressive.  There’s water attractions for the entire family  such as the Oceanfront Waterpark, the Pirates Plunge Waterslide, Indoor and Outdoor Lazy Rivers, and the Silly Submarine Pool, along with an indoor and kiddie pool.  And that’s not all! Other amenities include the Game Room, which boasts an air hockey table, a claw toy machine, a car racing game, and more. There’s a fully equipped fitness room where fitness enthusiasts can use treadmills, elliptical machines, stair climbers, cardio step benches, and more. For visitors who have work to conduct, the resort provides a meeting room that can be rented out, a conference center, and a business center.

Take a look below at the units available now.  And make sure to check out the full list of condos for sale in Myrtle Beach!

What Does Thanksgiving Mean to You?

by Jerry Pinkas

For many of us, the meaning of Thanksgiving usually includes feasting, four-day weekends, football games, floats, family reunions, or a forerunner to Christmas festivities. The “first Thanksgiving,” however, was neither a feast nor a holiday, but a simple gathering. Following the Mayflower’s arrival at Plymouth Rock on December 11, 1620, the Pilgrims suffered the loss of 46 of their original 102 colonists. With the help of the natives living there, the remaining Pilgrims survived the bitter winter and yielded a bountiful harvest in 1621. To celebrate, they had a traditional English harvest festival, lasting three days, which brought the Pilgrims and natives to unite in a “thanksgiving” observance.

It is important for us to remember that the word thanksgiving is composed of two words: thanks and giving.  Through the Holiday of Thanksgiving we are reminded to give thanks and to share and give. The Holiday reminds us to share our economic and material wealth, and to share also our time and talents with other people who could use our help.    In terms of thought and deed, the Holiday of Thanksgiving gives us an enriched perspective on the abundance in our lives.

We want to Thank all of our clients for the opportunity to partner with you on all your Real Estate needs and the trust you have placed in us year after year.

We wish you all a wonderful Thanksgiving with family and friends.

Fantastic End Unit Condo in South Bay Lakes for Sale

by Jerry Pinkas



Fantastic 2 bedroom and 2 full bath first floor End Unit condo is Priced to Sell and is located just 1.5 miles to the beautiful beaches of Surfside Beach. This unit is in wonderful condition and shows like a model and has new carpeting and has been well maintained and has tons of upgrades such as crown molding, upgraded light fixtures and fans and tile in the foyer, kitchen, bathrooms and much more!!! This condo is nestled in the back of South Bay Lakes which makes sitting in your screened in porch area with custom tile work very quiet and peaceful over looking the wooded preserves and lake. South Bay Lakes has beautiful pools over looking the lake and is located near golf, entertainment, restaurants, airport and major highways which makes getting around a snap.

This condo is a perfect piece of Paradise so don't miss your chance to get your piece of Paradise at a Great Price!!!

Not what you're looking for? Take a look at more of our Featured Properties. Here's a preview of some of the great condos and homes for sale in Myrtle Beach.

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