Welcome to the source for Myrtle Beach Real Estate

Myrtle Beach Foreclosures

Myrtle Beach foreclosures while still abundant are beginning to sell more as the Grand Strand region is starting to see a continued and sustained rise in sales. For those who are not afraid to jump into this market and are able to make quick decisions, the Coastal Carolina foreclosure market is a virtual gold mine of opportunity with many homes and condos going for 35% of their original sales price!

With foreclosure listings in Myrtle Beach and all through the Grand Strand region, we can find you the home you have been looking for and with prices from $10k to around $400,000 we can truly say we have a home for any budget. Luxury condo foreclosure buyers who come to the region who are used to “South Beach prices” are pleasantly surprised to find that they can get exceptional properties that rival any on South Beach for a fraction of the cost.

Many home buyers are beginning to see the wisdom in considering a foreclosed property especially when they stop to consider that with just a little effort the purchased home is almost invariably in a huge positive equity situation. Also, the Fannie Mae 15 day "First Look" period gives potential home owners a leg up on the competition by keeping no occupant real estate investors from making an offer for the two week time span to allow homeowners the first shot at these homes.

The condition of foreclosed properties varies, conventional wisdom along with experience says that most foreclosed properties may need some TLC but this is not always the case, especially among condos that were second homes in the Myrtle Beach area. Foreclosures are generally sold as is so you definitely want to have a thorough home inspection so you aren’t surprised later. Another positive point for buyers that need a fast closing is that foreclosures are mostly vacant so the new owner can move in much quicker than in many other home purchase scenarios.

Even though the foreclosure market has historically been the domain of professional real estate investors, anyone can take advantage of these tremendous bargains as long as you keep a few things in mind. First off, you want to be sure that you get preapproved so that when you find a property there are no delays plus it can be used as a bargaining tool when you can show the seller you already have preapproved financing. Work with a local area foreclosure expert who knows what the comparable prices are in the area as well as expected closing times.

We have a diverse portfolio of foreclosures and short sales in the Myrtle Beach area to choose from and with our experience and knowledge of the local area you will be hard pressed to find another REALTOR that could be more for you. Give us a call today and let us help you make the deal for your next home.

Latest Foreclosures

741 South Dunes Sandpiper Run Unit B-1H, Pawleys Island SC 29585

$299,900

741 South Dunes Sandpiper Run Unit B-1H, Pawleys Island

Litchefield by the Sea Resort gated community. Beautiful ocean veiw condo in newly renovated Sandpiper Run. Outstanding value completely furnished, this 3 bedroom 2 bath ...

  • Beds 3
  • Baths 2
  • MLS 1404897
  • Bldg. 741 Sandpiper Run

4936 CRAB POND CT Unit 102, Myrtle Beach SC 29579

$126,000

4936 CRAB POND CT Unit 102, Myrtle Beach

A stunning 3 bedroom and 2 bath condo unit located in Windsor Green. This unit features an open and largest floor plan, gourmet kitchen with breakfast bar and pantry, ope...

  • Beds 3
  • Baths 2
  • MLS 1414022
  • Bldg. Windsor Green

7601 Porcher Dr Unit 2, Myrtle Beach SC 29572

$96,000

7601 Porcher Dr Unit 2, Myrtle Beach

Great buy on this 2 bedroom 2 bath condo located in Summerwind. Optional 3rd bedroom/Den area upstairs along with other beds/baths. Fantastic private deck with storage ar...

  • Beds 2
  • Baths 2
  • MLS 1413967

2427 Hunters Trail, Myrtle Beach SC 29588

$259,900

2427 Hunters Trail, Myrtle Beach

Great life, great neighborhood, and great living is waiting for you at 2427 Hunters Trail in The Plantation Section of Hunters Ridge in beautiful Myrtle Beach, SC. This w...

  • Beds 4
  • Baths 2
  • MLS 1413951

6669 Wisteria Drive, Myrtle Beach SC 29588

$100,000

6669 Wisteria Drive, Myrtle Beach

Great opportunity on this 1-story ranch home with a large kitchen, rear deck and hardwood floors and wall to wall carpet inside! Make an offer! REO PROPERTY - BANK OWNED...

  • Beds 2
  • Baths 2
  • MLS 1413962