Thursday, July 31, 2008

Canadians buying US real estate in Myrtle Beach

With the US housing market in a slump and them the weakening of the US dollar right now is one of the best times in years for Canadians to purchase Real Estate in the United States.

At the time of this article the Canadian Dollar was almost equal to the value of the US dollar. You can check todays exchange rate at the Universal Currency Converter

Myrtle Beach, SC is home to over 100 Golf Course and has often been called "the Golf Capital of the World". Our warm, mild climate offers year round out door activities.

Currently our market is offering Ocean Front Myrtle Beach Condos starting under $100,000. This a pretty large difference compaired to places such as Victoria, Canada.

Compaired to many places in Canada our home Prices are cheap

However there are there are some considerations with Canadians buying US Real Estate

For More information on purchasing condos go to Myrtle Beach Condos

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North beach Plantation is finishing up construction

It is getting closer, the Atlantis style Myrtle Beach Condo resort is getting closer to finishing construction.

According to the Sun News this week they were lifting up the resturant which will connect the two buildings.

It wont be long until the 330+ Myrtle Beach condos will be available as Myrtle Beach vacation Rentals. The condos have been priced from $500,000 up to about $2million for the larger units.

North Beach Plantation will be a one of its kind for the Myrtle Beach area.

If you are intrested in more information on purchasing a condo visit North Beach Planatation

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Wednesday, July 30, 2008

Myrtle Beach Lease Options and Owner financing



With the market a little slower now than it was a few years ago. The mortgage industry may have tightened up some, however there are still many great deals to be had on a Myrtle Beach Condos.

As a matter of fact there are many Myrtle Beach Condos Available for Lease Options and Owner Financing.

For more information go to Myrtle Beach Condos and contact us

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Myrtle Beach Web Cams

I was looking around on the internet today and found that several resorts around Myrtle Beach now have webcams.

Avista Resort has their own web cam
take a look at it at Avista Resorts Webcam This one if you wait a few minutes you can controll it

Ocean Creek Resort also has a web cam that is updated every few seconds it is located at Ocean Creek webcam

But one of the best ones I saw was the Waffle Cam. It is located on top of the Woodhaven Pancake House on 2600 S Kings Hwy.

Blackmoor golfcourse also has a Golf course webcam . This is the only Gary signature course on the Grand Strand and now you can check the weather before you head out for your tee time. But everyone know the weather is never bad on the golf course :).

Myrtle Beach

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Tuesday, July 29, 2008

5 Ways to Buy a Myrtle Beach Condo With Bad Credit

Most people at some time or another have had not so good credit. You miss a credit card payment, Co-sign on something for someone else or the nightmare problem where someone stole you identity. But if you know how to work around these problems you can still buy the Myrtle Beach Condo you have been dreaming about even if your credit isn’t so good.

Below are 5 ways you can still buy that condo and not have to worry about your credit issues

1. Lease Option – When a market is slow its not too uncommon for owners to lease a Myrtle Beach Condo to you and give you an option that locks in the price. Often as long as you pay your lease on time and work on your credit you may be able to go to a bank and refinance the condo after a specific amount of time. Or if you decide you don’t like the condo as much as you thought you did, you are under to obligation to exercise your option and buy it.

2. Owner Finance – Many times if an owner is looking to sell a property quickly, they will consider owner financing. It some cases you maybe able to negotiate a better rate, terms and down payment than the bank will give you.

3. Land Sales Contract – Very similar to Owner financing, a land sales contract is an installment sale on a property.

4. Have the Seller Take Bake a 2nd Mortgage – many times banks may require a buyer to put down a large down payment on a Vacation Property. However it is possible to avoid this if the seller will take back a 2nd mortgage. Many times the bank does not want to take the risk of financing 100% of the purchase price but will allow the risk to be spread out between them and the previous property owner.

5.Hard Money Loan – Hard Money Loans have been popular with investors that are only planning to own a property for a short period of time. Often hard money loans are given at a low Loan To Value and are based more off of the property itself than the borrowers credit. However interest payments are often high and down payments are big.

Fore more information on buying a Myrtle Beach condo visit Myrtle Beach Condos

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Monday, July 28, 2008

Market Commons, Myrtle Beach

Market Commons

Market Common, Myrtle Beach offers an outstanding opportunity to be part of the ultimate master planned development. The project is located on about 3800 acres that one was the home of the Myrtle Beach Air Force Base.

The community features 29 acres of lakes, community parks, walking trails, restaurants and high end retail commercial space.

Right in the middle of the development is 100 acres of restaurants, hotels and retail space. Residential condos are located about the commercial space.

When the Market Commons is complete is will be one of the focal points of Myrtle Beach.

For more information on The Market Commons in Myrtle Beach go to Myrtle Beach Condos

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The Carolinian Beach Resort


The Carolinian Beach Resort is located at 2504 N Ocean Blvd right on the beach.

These are some newer Myrtle Beach Condos having been built within the last 5 years. Located right in the heart of Myrtle Beach, The Carolinian Condos offer amnidies galore. The large ocean front pool, lazy river, fitness center, resturant and business center offers everything you would need in your home away from how. Not to mention when you get tired of laying out by the pool, The Carolinian beach Resort is close to all of the major Myrtle Beach Attractions.

The Carolinian Beach Resort offers condo starting under $200,000. For more information on the Carolinian visit us at Myrtle Beach condos

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Sunday, July 27, 2008

Deer Track Golf Course - Plantation Resort and Golf Colony

As most local people know Deer Track Golf course is now closed. The golf course is just weeds and ponds now. The golf course will eventually be redeveloped into something just no one seems to know exactly what for right now.

However even though the golf course is closed, Deerfield Plantation offers some great Myrtle Beach Condos at some great prices. If you have ever been to the golf course you probably have saw several of the condo devlopments.

The most popular Myrtle Beach Condos on the old golf course are Plantation Resort.

Plantation Resort Condos are a little older, with the original construction having started in the 1980s. However they are all brick buildings. The Resort has been very well maintained and offers many amenidies that new condo resorts offer. Many of the condos have been used as Myrtle Beach vacation rentals and part of the resort is timeshare. The prices have remainded fairly stable with one bed room condos starting under $80,000 and 2 bedroom condos under $100,000. Amenidies include an indoor swimming pool and a private gym.


Golf Colony Resort is located right around the courner from Plantation Resort and offers swimming pools, tennis course and private balconies. The way the building are positioned almost every unit looks down onto the swimming pool. Golf Colony has been popular in the past amoung vacationers coming to Myrtle Beach, SC.
Golf Colony offers efficientcies, one and two bed room Myrtle Beach COndos. Golf Colony condos for sale are starting under $80,000.

The former golf course neighborhood also offer several other options if you are looking for a Myrtle Beach Condo.

If you are intrested in more information you can visit us at Myrtle Beach Condos.

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Saturday, July 26, 2008

Myrtle Beach Foreclosures and Short Sales

The new buzz word lately has been short sells. However with the market the way it is it looks like this is going to be a word we will the hearing in the news for a while.

A short sale is when the bank allows the property owner to sell their property for less than what the balance of the mortgage is. Often time this can be benificial and can save the homeowner from going completly into foreclosure. It can also allow the owner to negoiate any deficiantcy before the property sells.

Short selling a property may be a great thing for the seller however it might not be so good for the buyer. Depending on what the buyers time frame is they might want to avoid short sale properties. Often times the bank can take 90 days or more to even give an answer to your property. This can be devestating if you are looking at doing a 1031 exchange.

Normally once you make an offer and the bank responds you have to make sure all lien holders are going to be happy with the contract offer. Sometimes you can spend months waiting on a response from the bank, only to find out there is a second mortgage that is not going to accept the offer. The ofcourse if the property is a Myrtle Beach Condo you might also have to negoiate unpaid assessments and Home owners fees.

This is just a few of the reason it is important to use an experienced real estate agent when buying a Myrtle Beach Foreclosure or doing a short sale.

For more information visit us at Myrtle Beach Foreclosures and short sales

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Myrtle Beach Condos

Myrtle Beach Real estate has exploded on the Grand Strand in the last few years.

new Myrtle Beach Condos have been built all along ocean blvd. Myrtle Beach is a different place than it was just a few years ago.

Most of the mom and pop hotels are gone, Surfside and Garden City are no longer those little beach towns. Little River is not the fishing village it was a few years ago.

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