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.
This is a Beautiful Kabco Double - wide 4 bedroom 2 bath home ! This is one of the largest in the Market Village Community with-over 2100 heated sq ft. This 2021 model ...
Listing courtesy of Realty ONE Group DocksideSouth , James "Jim" Hollenden.
2360 Goldfinch Dr is an amazing opportunity to own in Belle Harbor at a price that is competitive. This home has much to offer with 4 Bedrooms, 2.5 bathrooms, 2 car garag...
Listing courtesy of Keller Williams Innovate South , Jason Jay Gray.
Large 3 bedroom townhouse in quiet setting with full width enclosed porch on back, large bonus room upstairs with 2 bedrooms and bath. Master is on main level with large ...
Listing courtesy of Jerry Pinkas R E Experts , Jerry Pinkas Team.
Brings your boats, kayaks, jet skis and all your toys. Located directly on the Intracoastal Waterway with 2 docks and a deck that boast extraordinary panoramic views, an...
Listing courtesy of Gibbs Realty & Auction Co. , Laura Davison.
Own your own pond. Fish from the street. Scenic views. There is NO ROOM TO BUILD ON, you cannot even pull your car off the road. THIS IS A POND ONLY!!! You will have...
Listing courtesy of Ray Realty Inc , Carlisle Dawsey.
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