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.
Great home in small community with no HOA. Home has high ceilings, vaulted and tray in some areas and tile in the wet areas. Master bath has double vanity, separate tub ...
Listing courtesy of Listing Agent: The Mills Group () from Listing Office: Century 21 Barefoot Realty.
Discover the perfect Contemporary-style home in the desirable gated community of Rivers Edge Plantation in Conway, SC. Welcome to 218 Rivers Edge Dr, a spacious and charm...
Listing courtesy of Listing Agent: Brian Bray () from Listing Office: BRG Real Estate.
Introducing this 3 bedroom 2 bath home located in the very popular Stones Edge community. This open floor plan home features vaulted smooth flat ceilings, laminated wood ...
Listing courtesy of Listing Agent: The Greg Sisson Team (firstname.lastname@example.org) from Listing Office: eXP Realty LLC.
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