Myrtle Beach Foreclosures – Plantation Lakes MLS# 921858
November 12, 2009 by admin
Filed under Uncategorized
Myrtle Beach foreclosures, like foreclosures in most of the US, have slowed, as indicated by a third straight month of decline in foreclosure listings. If you have ever thought about buying Myrtle Beach real estate, especially a foreclosure like MLS# 921858 in Plantation Lakes, you better pull the trigger before the current inventory gets picked over. This Plantation Lakes property was originally listed at $845,000 and is now a foreclosure at $589,900, and a steal at over 3,800 heated square feet on the lake with a pool, covered lanai, and boat slip! The next seven months will see more Myrtle Beach foreclosures hitting the market, but at a much slower pace, and they will not sit on the market for long. I have personally brokered three transactions within the last few weeks on foreclosures and what I have noticed is that the buyers are not only savy to market conditions, but they know what they want and pull the trigger quickly when the right property enters the market. In summary, there are more Myrtle Beach foreclosures hitting the market over the next six months, but at a slower rate than we have seen to date, so there will be more competition for less properties – be educated about the market (), know what you want, and be ready to move quickly to get the deal you have been waiting for!
