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Finding Real Estate For Sale
from:Finding real estate for sale is easier today than ever before. Obtaining listings from websites means you no longer have to drive around town looking at homes with for sale signs or wait for an appointment with a real estate agent. With this in mind, if investing is your strategy, remember that simply purchasing a property to resell or rent to tenants is not the end of the story. Smart real estate investors look for properties that are below market value. A good way to find these is to look at foreclosures. Some homes that have been foreclosed on will be ready to rent or resell at a profit. Other buildings may need renovations or updates in order to sell them. Working with a trusted real estate agent who specializes in foreclosures, knowing what you are investing in ahead of time by carefully looking the property over and making the best deal you can will help insure that you come out ahead of the game.
Getting your hands on foreclosure listings
Obtaining and reading a listing of properties that have been foreclosed on can have its advantages. Ideally a listing will have a photo of the property as well as any pertinent information about the property. You will know ahead of time what features and amenities the property has. If you are planning to purchase the property strictly as an investment, these features can be strong selling points. Other pertinent information will include the asking price, which usually can be negotiated even on a property that has been foreclosed on. The lot features such as lot size, sewer and utilities should be listed as well as building interior and exterior features. If appliances are going to stay they will be listed as well. Homes that have been foreclosed on will not have a tenant or homeowner there so the real estate listing will be your main source of information. This also generally means possession after closing is immediate so there is no wait for the current tenants to move out. This is the best way to make a quick turn around on your investment. It is also imperative that you do get a listing of foreclosed properties, either from a bank, credit union, mortgage company, real estate agent or online. Most of these properties will not have a real estate for sale sign in front of them until after they have been put on the market which could mean less negotiating power for you. Many times the companies that have repossessed the properties will send someone around to do repairs or other updates to the property before they are listed with a real estate agent. Making an offer on these properties before that happens can lead to a win-win situation for everyone involved.
Myrtle Beach Real Estate News
Real Estate| Apartment complex proposal to go back before Myrtle Beach City Council in June
A request by Burroughs & Chapin Co. Inc. to build an apartment complex on Robert Grissom Parkway likely won’t go back before the Myrtle Beach City Council until June.
Read more...Real Estate Pulse for Myrtle Beach area
• Mandy Becker with Remax in the Myrtle Beach area has been named one of Realtor Magazine's 30 Under 30.
Read more...Pavilack Realty sales agent facing mortgage fraud charge
Myrtle Beach real estate agent Arkadiusz “Eric” Grabara is facing felony mortgage fraud charges in a case that could lead to additional arrests, according to documents filed in federal court in Florence.
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State officials say it will be at least next year before a version of a homeowners’ association bill would move through the legislature, but residents might have a chance this summer to air their opinions.
Read more...Real Estate| Property prices rise, sales drop in April in Myrtle Beach area
Real estate prices jumped slightly more in April along the coast than they did statewide, according to data released this week from the South Carolina Realtors association.
Read more...Courthouse notebook | Bank says paper trail links Myrtle Beach businessman to alleged fraud
A bank that lost more than $500,000 in a real estate transaction tied to an alleged mortgage fraud scheme here is giving the public a rare glimpse at the complicated paper trail backing up its allegations in a civil lawsuit against – among other defendants – Alvin Shuman, a Myrtle Beach-based real estate investor and casino boat owner.
Read more...Real Estate | Proposed apartment complex to go before Myrtle Beach City Council
The Myrtle Beach City Council is expected to consider a request Tuesday by Burroughs & Chapin Co. Inc. to build an apartment complex on Robert Grissom Parkway.
Read more..."30 Under 30" Realtors(R) Represent Future of Real Estate Profession
WASHINGTON, DC-- - Today's real estate market is challenging and competitive, but this year's REALTOR® Magazine "30 Under 30" honorees haven't let that deter them. The 2012 class is following ...
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