North Myrtle Beach foreclosures and short sale opportunities are as diverse as the properties themselves with distressed properties in the Myrtle Beach area starting as low as $10,000 and going to nearly a million dollars. Beach Realty Group can assist you in finding the oceanfront home foreclosure or beachfront condo short sale you are looking for. We are local to the region and all of our agents have unequaled knowledge and experience in real estate of the Grand Strand.
From Cherry Grove to Surfside Beach and all points in between you will find numerous foreclosures and short sales here on the Carolina Coast, although the market is beginning to bounce back. We urge would-be real estate investors seeking to capitalize on this exciting real estate investment opportunity to act quickly for the best bargains and available selection.
Although there are numerous locations around the country with large foreclosure inventories there are few that can match the availability of so many upscale and luxury short sale and foreclosure opportunities like those found in abundance in the North Myrtle Beach area. If you are looking for an oceanfront condo short sale you have the chance now to invest in one at a fraction of the cost that it once sold for with some condos that once sold for well over a million dollars now on the distressed properties market for less than half that in some cases.
At Beach Realty Group we keep our distressed property listings in Myrtle Beach updated as frequently as possible with every type of foreclosure and short sale listing available in the Grand Strand including REO (bank owned properties) which have already gone through the foreclosure process and are now up for sale, foreclosure auctions, pre-foreclosures and short sales. Whether you are looking for an upscale single family home in Carolina Forest or an Oceanfront condo on Myrtle Beach we can help you find it.
Foreclosures on average nationwide have begun to return to pre-recession levels according to Real Estate industry sources. Banks repossessed 45,000 homes in February 2013, according to RealtyTrac, which is an industry leading real estate and foreclosure firm. This number of foreclosed homes was the fewest since September 2007 and was down sharply from the peak of 102,000 in March 2010.
In 2010, just over 26% of home sales in the United States were foreclosures. In Myrtle Beach, foreclosures are at an even higher rate. Because of the volume of inventory in this situation, you need a Realtor who is experienced in handling distressed properties – which include not only foreclosures, but short sale properties as well. Every Beach Realty Group Realtor is experienced with foreclosures and short sales, and several have been certified in these unique transactions. We are qualified and seasoned in the process, and will provide all the guidance and expertise needed when navigating through the purchase of a distressed property.
Prestigious executive custom built home in Tilghman Estates of North Myrtle Beach. 5 bedroom 6.5 bath. Only a few blocks to the ocean on a huge lot. Beautifully remodeled...
Listing courtesy of Ocean Breeze Properties, LLC , Lori Reid.
Just a few blocks to the beach from this 3BR/2BA home near Ocean Drive in NMB. Walk or take a golf cart to Main Street, and enjoy the shag clubs, shops and restaurants.
Listing courtesy of RE/MAX Ocean Forest , Steven Terry.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2020 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.