Myrtle Beach Foreclosures – Plantation Lakes MLS# 921858

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!

Myrtle Beach Foreclosures – MLS# 807701

Myrtle Beach foreclosures are still a hot topic among the investment buyer, and the second home/vacation home buyer, and for good reason.  There are fewer deals today , whether foreclosure or traditional sale, then there were even 3-6 months ago in the greater Myrtle Beach area.  For the savvy buyer who works with a Realtor who has their finger on the pulse of the market and a good network for information, there are still some fantastic buys out there, like MLS# 807701, which is on the Intracoastal Waterway and offered at 50% of its original value.  This is one of the few Carolina Forest homes for sale that fall into the foreclosure category.  With Myrtle Beach foreclosures, especially in the Carolina Forest area, buyers can no longer afford the luxury of sitting back hoping that the foreclosure price is going to drop because if they do, there is an educated buyer right behind them ready to snatch it up.  These foreclosures are many times going to a multiple bid situation and selling for more than their listed price.  The banks are not in the business of selling homes, and they definitely don’t enjoy paying HOA fees, utility bills, and taxes, so they are aggressively pricing these homes far below a normal valuation by a local appraiser.  This is a perfect storm of highly aggressive pricing, historically low interest rates, and fewer qualified buyers to compete with.  The well educated, and savvy, buyer is in the best position to buy than they perhaps will be in decades.  Call or email me today to get a free list of Myrtle Beach foreclosures!

Carolina Forest Foreclosures & Short Sales – MLS# 909228

Carolina Forest short sales and foreclosures are still in abundance.  If you take the time, and especially use a knowledgeable Realtor, you can possibly move into a community that you may not have been able to a year ago.  Check out MLS# 909228 in Plantation Lakes as a prime example.  I sold this home 18 months ago for $417,000 and now I have it on the market as a short sale for $349,000 – it may even sell for less dependent on what the lender is willing to take.  Eighteen months ago no one dreamed of getting into Plantation Lakes in Carolina Forest for under $400,000, and it was difficult to find a home under $500,000.  Now you can pick up a deal on a short sale, or take advantage of the few foreclosures to hit the market in Plantation Lakes – one is listed at $299,000!  Myrtle Beach foreclosures are taking additional time to close due to an overload of foreclosure sales going through the county offices, so the master deeds are taking longer to get into the bank’s name.  Short sales may take weeks to months to get an answer to your offer from the lender, but if you have the patience and are willing to take risks, the reward can be the deal of a lifetime!  Myrtle Beach real estate, including Carolina Forest homes for sale, continue to include foreclosures and short sales, and it may take another year to clear them out of inventory.  If you were thinking about buying in Myrtle Beach, there has never been a better time to buy than now!  Check out my Myrtle Beach web site at www.MyrtleBeachHomeSource.com for the greater Myrtle Beach area, and www.PlantationLakesProperty.com for homes and lots specifically in Plantation Lakes in Carolina Forest.  Call me if you would like a list of foreclosures and/or short sales in the area!

Carolina Forest Homes for Sale – MLS# 829212

Carolina Forest homes for sale have been the hottest commodity in Myrtle Beach, SC for the last few years, and Plantation Lakes property is the holy grail within Carolina Forest. MLS# 829212 is one of the best examples of a luxury, custom built home, standing out for its high end craftsmanship and attention to detail. This would be the choice of the most discerning of buyers, a home that not only supplies a haven for everyday pampering, but also provides that subtle indicator to friends and family that this property owner has been successful in life. Carolina Forest homes for sale in general, and Plantation Lakes property specifically, are drawing in families who have wanted the best education for their children and are finally able to buy homes that in years past would have been out of reach. Carolina Forest also is home to 7 golf courses, including some of the most difficult layouts in the Myrtle Beach golf community. This area will continue to boom in years to come, so don’t miss out on your window of opportunity and affordability!