Lots of great deals currently being made in our market place. If you have been thinking about buying and are looking to get the inside scoop on what is happening in our marketplace, a good place to start is by Searching Myrtle Beach Listings .

Myrtle Beach Bank owned Foreclosures

If you are looking for foreclosure properties, be prepaired for some buying competition.  On some of the best cash flow properties on the beach, we are seeing multiple offers comming in at the same time on these properties. Many investors know which properties will give the best rental numbers and the best cash flow.  When a property like this has multiple offers, the forclosure bank will ususaly come back to all parties that submitted offers and then asks for a highest and best offer.  At that point in time who ever bids with the highest and best offer wins.

Myrtle Beach Real Estate Foerclosures

Of course properties are actualy selling for more than asking price.  So you say why would you pay more than asking price?  Because even paying a little more than the asking price that is 60% or 70% off what they origanaly sold for. And at that price, when rental numbers are added, they will actualy put money in your pocket every month, even with all homeowners assocation fees and expences.

Myrtle Beach Foreclosures

I had one investor tell me that if he put his money in the bank he wouldn't he wouldn't get hardly any return on his investment. But the condo he was buying would give him a 17% return on his investment. Not bad is it?  Its all about knowing the right properties and getting the inside scoop.

myrtle beach condo foreclosures

You can start by signing up for VIP Myrtle Beach Bank Owned Foreclosure Listing Alerts.  You will get the basic information on what is avarage and what is way above average.

Oceanfront Condo Foreclosures Myrtle Beach

When you are ready, take the time to set up time to work with an expert in forecloures. Take the time to come to town and let them show you why one property may be average and another is way above average. The inetrnet is a good tool, but not may people are comfortable in buying a property over the internet.  That is why it is in your best intersts to take the time by coming in town, setting the appointment, and working with the Foreclosure Real Estate Pros.  If you take the time you, and set the appointement, You will get a ton of information by seeing and touching and comairing with an expert showing you in person.

Myrtle Beach Bank Owned Properties

 

 

Jerry  Pinkas Home Selling Team - is your local expert in all your Real Estate needs in the Myrtle Beach Area.  Our Team is dedicated to inform our clients on how to be a pro in the local real estate market and avoid common pitfalls that are costly. You will have access to the most comprehensive MLS Listing Service in the area with Free access and with lots of tools for both Buyers and Sellers. Award Winning - Top Ranked - Highly Recommended - Call The Pros - Google or call (843) 222-1926; Put our team to work for you today.

 

 

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