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Myrtle Beach short sales are on the rise! To the casual observer looking at foreclosures in the area one might think that the declining foreclosures would also mean the same for short sales but this is not the case. The fact of the matter is that more owners in trouble are opting to go the short sale route in order to save their credit and get the most for the home possible rather than go through the foreclosure process.

Banks are not in business to own property so they will do what they can in order not to have a property foreclosed on, especially with record foreclosure rates all over the country the last couple of years already. Short sales allow the lender to get the most they can for the home to help satisfy the existing mortgage and the homeowner gets out from under the property with no damage to their credit.

For buyers of short sale properties some patience is required as the process for buying a short sale is a bit lengthier than others due to the negotiation and approval processes that must take place in order to secure the property. Still, for homeowners seeking a bargain short sales are becoming the way to go, especially with real estate investors and buyers of second homes.

A few years ago there were few short sales available, now there are as many short sale transactions as any other type of sale and at the Beach Realty Group we have years of experience completing short sales and know exactly what needs to be done to secure the best deal for our home buyers and investors.

It doesn’t matter what type of property you are seeking, there are short sales available in virtually every type of property you can imagine from lots and raw land to condos and single family homes as well as oceanfront condos with million dollar views.

We encourage you to search through our available short sale listings in Myrtle Beach and the surrounding area and contact us for more. We have our fingers on the pulse of the real estate market and know what it takes to get deals completed in the fastest time possible. If you don’t see a property that you like let us know, we see new short sales coming into the market all the time and sometimes if they are a super bargain they go quickly!

Call us at Beach Realty Group and let us find you your next home in Myrtle Beach.

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Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2018 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.