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Jerry Pinkas - Myrtle Beach Foreclosures Myrtle Beach Condos - Short Sale Expert

Myrtle Beach Condo Foreclosures - Myrtle Beach Oceanfront Condo Foreclosures

Myrtle Beach Condo Foreclosures - Myrtle Beach Oceanfront Condo Foreclosures

It is a great time buy Myrtle Beach Oceanfront condo foreclosures and Myrtle Beach condo foreclosures. Right now we have a window of opportunity. Many Myrtle Beach properties are selling for 30% off, 50% off and even75% off what they originally paid. We have a lot of great deals being made with bank foreclosures and short sales in Myrtle Beach. Take a look at some of these Myrtle Beach Foreclosures

myrtle beach condo foreclosures

$72,500 - Direct Oceanfront Efficiency condo with great rental income. Located at 1200 N Ocean Blvd. Holiday Inn Pavilion unit 608. This condo originally sold for $189,900. on 3/31/06. Nice private balcony, next to the new Myrtle Beach Board walk close to shops, entertainment and all Myrtle Beach has to offer.

myrtle beach oceanfront condo foreclosures

$77,500 - Ocean View One bedroom One bath condo located at 6900 N Ocean Blvd, Caravelle Resort unit 1407. This condo originally sold for $178,900 on 3/24/06 Nice view looking up the beach, great amenities on site, nice quite location close enough but far enough away from the hustle and bustle of downtown.

north myrtle beach foreclosures

$104,900 - 2 bedroom 2 bath Oceanfront condo located in North Myrtle Beach, 4525 S. Ocean Blvd. 5th floor unit with a nice view overlooking the beach and ocean. Units like this sold for as much as $195,000. in the height of the market.

$113,900 - 2 bedroom 2 bath condo in Myrtle Beach Resort located on the south end of Myrtle in a gated community. Lots of amenities on site. Units like this sold for as much as $215,000 in the height of the market.

This is just a sampling of some of the current deals on the market. Many people are realizing that now is a great time to buy!

This week I sold a property that was a foreclosure, and had a lot competition bidding on it. The property was just listed and on the market for only 8 hours. When I took my clients to view the property, 2 groups of people already at the property when we arrived. We waited for them to finish looking the property over, then it was our turn to view the property. Amazingly, as we were leaving the property we noticed the line forming outside. The line was a group of other Realtors and buyers waiting to visit the property. When some properties hit the market you just have to be ready to move quick and make an offer before it is gone. I did help my clients getting this deal! With some skillful negotiating and knowledge of the property we did make it happen.

To get the inside track, and a jump start on your competition, work with the Myrtle Beach Foreclosure Experts. Myrtle Beach Condo Experts help you find Myrtle Beach, SC foreclosures and make well informed real estate decisions in the process.

Now is the time to get your piece of the Myrtle Beach Oceanfront Condo action. Call now to set up some property viewing appointments 843-222-1926

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.

Myrtle Beach Deals – Top Pick on AOL

Myrtle Beach Deals - Top Pick on AOL

5 hot deals and discount travel

AOL - Number 1 Top Pick! Myrtle Beach Condo Rentals Deals

Number 1 -Myrtle Beach Deals

There's still time to enjoy a beach vacation and you can't beat the low off-season rates. Landmark Resort in Myrtle Beach, S.C. has rates starting as low as $50 a night including breakfast for 2. Other packages also available with free days and more.

Deal Spotlight: $50/Night -- Bed and Breakfast Package Landmark Resort in Myrtle Beach

Number 2 - Disney Family Vacation Pack

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Number 4 - Las Vegas Hard Rock Hotel Deal

Number 5 - Free Day Car Rental -- Worldwide

-MYRTLE BEACH CONDOS FOR SALE -

If you are looking for the deals on Buying a condo in Myrtle Beach You may want to consider some of the great deals on Myrtle Beach Oceanfront Foreclosure Condos.

Now is a great time to buy, and many deals are currently being made with condos in Myrtle Beach.

Condo for sale in Myrtle Beach only $26,000.!

This Foreclosure is located at 209 Cedar Street Unit B2 Myrtle Beach SC 29577 Large 2 BR condo only 4 blocks to the beach. Excellent location just minutes from entertainment, shopping and the beach. Click here for more details http://www.homeguidemyrtlebeach.idxco.com/idx/3660/results.php?stp=listingID&listingID=918637&start=0&per=10

Now is the time to get your piece of the action. To get the inside track on the Myrtle Beach Real Estate Market Sign up for VIP Myrtle Beach Foreclosures Listing alerts ----> http://www.BuyBankOwnedMyrtleBeach.com/Myrtle Beach Condo Expert helps you find Myrtle Beach, SC foreclosures and make well informed real estate decisions in the process.

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.

Myrtle Beach Real Estate - Power Negotiation Details

How can I have the same negotiation power as a Cash Buyer?

It is easy.....................Get Pre-Approved for financing NOW!

Do not wait until you have found a potential property and are ready to put an offer in.

Bank Foreclosures as well as most individual Sellers require Borrowers to enter the negotiation process with at minimum, proof that they have searched for financing.

What does being Pre-Approved mean to me and how does it give me negotiation power?

Being Pre-Approved means you are a Ready-to-Buy customer whose purchase power is confirmed in writing through a Pre-Approval letter.

As a Pre-Approved Borrower you will immediately go to the "front of the line" ahead of other Buyers offers because you have already secured financing.

If there are 10 offers in to the Seller and you are one of the few Pre-Approved Buyers your chances for an accepted offer increases immediately...........

In today's market you need every advantage you can get.

What is the process to getting Pre-Approved?

•1. Speak with a LOCAL Mortgage Consultant.

•2. You will be asked to fill out an Application.

•3. Your Application will be reviewed.....Credit Reports, Income & Assets you provide will be analyzed.

•4. Once qualified you will be issued a Pre-Approval Letter. This letter will provide proof to Sellers that you are a Ready-to Buy customer.

What does it cost to get Pre-Approved?

Getting Pre-Approved should be a service provided by the Lender at no cost to you.

Are you ready to move into "CASH BUYER" status?

We would be happy to show you how........Contact our team below for the details!

Chuck Sands

First Home Mortgage

843-504-1803

CSands@GoFirstHome.com

- or -

Mike Ulman

First Home Mortgage

843-457-2867

mulman@GoFirstHome.com

They will be glad to give you a ton of information.

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.

Myrtle Beach Home Show

Home Show was this weekend at the Myrtle Beach Convention Center. The show featured more than 350 exhibits on every aspect of homes and home improvement.

Everything from furniture, dog houses, home improvment, and remoldeling was available at this magnificent showcase, making it one of the largest opportunities for the do-it-your self home owner.

The show was packed with people viewing the exhibits and learning from the many demonstrations of the Home Show.

Myrtle Beach Short Sales – Buy or Sell Myrtle Beach Short Sale

Both Seller and Buyer questions answered by a Myrtle Beach Short Sale Expert

Will I have to pay capital gains taxes if I sell as a short sale? --- No. Capital gains taxes are paid on money you have made. In a short sale, it is a loss and as a borrower you still owe money. The "Short" part of a short sale is the difference between what is owed and what a buyer is willing to pay.

Who pays the back property taxes in a short sale? --- The seller or the bank will have to pay the property taxes on a short sale before a clear title can be transferred. This all depends what is agreed to when negotiating a short sale. This is another reason you need a pro working for you when buying or selling a short sale.

I received a Foreclosure notice of default. How long does the foreclosure process take? --- It takes between 3-9 months for the house to go up for auction, during which, you can pay the delinquent amount.

Will I still have to pay taxes if I do a short sale? --- You will have to pay the income tax if the bank sends you a 1099 for the deficiency.

Where can I get information on buying short sales and foreclosures? -- There is no magic listing place for Short Sales and Foreclosures. http://www.myrtlebeachshortsaleteam.com/ The internet is a great tool, but it just won't answer all the questions. You need to work with a pro, which will set up the property viewing appointments, talk about the good and the bad of each property, set up the inspections, and filter through each property and focus on the ones you want to make an offer on. For Myrtle Beach Short Sales and Foreclosures, you take the time to work one on one with a pro you will get a ton of information.

I owe more than my home is worth. Should I short sale or should I just let it go to foreclosure or file bankruptcy? -- You should at least try to sell as a possible short sale. At least you have tried to get it worked out. If you do nothing you already know the outcome. Do nothing and you will get a foreclosure or bankruptcy? You could do a deed-in-lieu of foreclosure. This is just giving it back to the bank. This is the next worst thing to foreclosure so it's always good to try a short sale first. If that doesn't work go to plan B.

Why sell as a short sale? Banks would like to prevent foreclosure. Many times it will cost the bank more to go through the full legal process of foreclosure. It could be less costly for a bank can get it worked out through short sale.

I am interested in Buying a Short Sale now what should I do? Hire an Agent with Short Sale Experience. Buyers that pursue short sales to get a good deal. It's one strike against you if the listing agent has never handled a short sale, but it's even worse if your own agent has no experience in that arena. You need an experienced short sale agent. An agent with experience in short sales will help to expedite your transaction and protect your interests. You don't want to miss any important detail due to inexperience or find out your transaction is not going to close on time because no one has followed up in a timely manner.

The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief.

This provision applies to debt forgiven. Up to $2 million of forgiven debt is eligible for this exclusion ($1 million if married filing separately). The exclusion does not apply if the discharge is due to services performed for the lender or any other reason not directly related to a decline in the home's value or the taxpayer's financial condition More information, including detailed examples can be found in Publication 4681, Canceled Debts, Foreclosures, Repossessions, and Abandonments. Also see IRS news release IR-2008-17.

We are the Myrtle Beach Short Sale Experts. There are numerous books, websites that charge you for their knowledge. It's mostly a bunch of junk. The only real way to get the advantage in the local market is to align yourself with the pros that are successful at it. We are expert negotiators and work in your best interest to get the deal done. Our Team is dedicated to inform our clients and avoid common pitfalls that are costly. Award Winning - Top Ranked - Highly Recommended - Call The Pros - Google us, or call (843) 222-1926; Put our team to work for you today.