If you’re searching for a residential home, a condo, land, or investment property, a foreclosure may be the way to go. But not all foreclosures are deals! We have seen may sell for more than the current market price and end up in a bidding war between buyers raising the price over current value. REO (real estate owned), distressed property, divorce sales, and motivated sellers are sometimes a better buy.
An REO is a "real estate owned" property is one that has reverted back to the Mortgage Company or bank when the home fails to sell at a foreclosure auction. Once a bank owns a property, they may choose to fix it or even sell it "as-is".
A distressed property is a house or condo where the owners can no longer afford them. Most of these types of properties are categorized as motivated sellers. Many times, current owners could be at risk of foreclosure since the owner can no longer make payments or pay the property taxes. Our team of experts sees these types of properties all the time. A lot of time these houses and condos are in poor condition and will require renovation. These are known as handyman specials or fixer-uppers.
Jerry Pinkas Real Estate Experts wants you to avoid the pitfalls that are costly. Our team of buyer’s agents can go to work for you, in your best interest, to give you all the details, so you can make an educated decision.
In some cases, these Myrtle Beach area foreclosed homes sell for $1000's of dollars below market value. This creates a perfect situation for anyone who is looking to purchase a rental property or 2nd home in Myrtle Beach and get a bargain. Combine the low home price with the Grand Strands' low property taxes and low cost of living, and you've saved a great deal of money on a fantastic property at one of the most popular vacation destinations in the nation.
Don't miss out on this fantastic 3 bedroom 2 bath home located in the quite community Lake Park Plantation in Socastee. Completely renovated with new HVAC, LVP flooring, ...
Listing courtesy of Listing Agent: Tamara Reid () from Listing Office: Ocean Breeze Properties, LLC , Tamara Reid.
Located within driving distance of restaurants and shops, this private and tucked away acreage is ready for it's new owner. Surrounded by trees, this 2.25 acre lot has e...
Listing courtesy of Listing Agent: Jennifer Wilson () from Listing Office: REMAX Platinum , Jennifer Wilson.
What a wonderful opportunity to own a home in Myrtle Beach. This 3 bedroom 3 full bath home is located on a cul-de-sac. Home features spacious rooms with a kitchenette in...
Listing courtesy of Listing Agent: Beth Ross (Cell: 843-333-6113) from Listing Office: Carolina Pines Realty , Beth Ross.
This recently elevated home features 3 bedrooms and 2 bathrooms, large kitchen with eating area, a living room and also a large den with an attached room that would make ...
Listing courtesy of Listing Agent: Beth Ross (Cell: 843-333-6113) from Listing Office: Carolina Pines Realty , Beth Ross.
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