Why It’s Great to Look into the North Myrtle Beach Real Estate Market

Why should one look into the real estate of North Myrtle Beach? Well, as it turns out, the city offers many great perks for its residents. For those who want to relocate in a coastal resort city, it’s one of the most viable options around. Here’s a look at the reasons why. It’s in the Name The foremost notable attraction of the place is its coastal location—Myrtle Beach boasts over 60 miles of uninterrupted beach stretches. The best thing about this lengthy amount of beach land is that it remains relatively uncrowded even when tourists arrive during the peak seasons. It’s a really good way to enjoy the waters of the Atlantic Ocean. The place offers something new every season: having fun at the beach during summer is a given. In winter, residents can enjoy watching snowbirds.
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Myrtle Beach Realtors: Property Investment Tips for Would-Be Landlords

With the promise of profitability, many set out to buy investment properties and try to become landlords. The problem is that many budding investors are not fully aware of the ins and outs of owning a property. Investment properties can be really tricky, starting from when you are just looking for an ideal house to rent up to when you already have tenants settled in. For would-be landlords, Realtors from Myrtle Beach, SC real estate firms like Coldwell Banker Chicora Real Estate can offer some tips and advice. Don’t Buy for Yourself It’s easy to get caught up in the hype of buying a new house that you can often lose sight of what it’s for. If you are serious about getting money out of this new house in the long run, treat it like an investment. You are not buying for yourself, but for potential tenants.
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Houses for Sale in Myrtle Beach, SC: Are You Ready to Be a Homeowner?

Buying a house is such a huge and grown-up decision; it could also prove to be scary for a few people. Some would even put off buying reasonably-priced houses for sale in Myrtle Beach, SC or any other thriving market due to their uncertainty. Realtors will tell you that there’s nothing to fear so long as you are prepared, but how does one know if he or she is really ready to be a homeowner? Here are some important questions you should ask yourself before you set out to find a new home. Have I saved up enough? Sound advice for all homebuyers: make sure that you are financially stable before you splurge on your new home. You need to have saved enough for the down payment, moving expenses, home insurance, and all other costs involved in buying a new house. Don’t forget maintenance costs as well.
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Tips for Buying a House with Friends—Myrtle Beach Homes for Sale

Do you want to buy a home in Myrtle Beach but you don’t have enough cash to pay for it all alone? Instead of letting your single status keep you from owning a home, why not share the dream with your best friends and purchase a place together? An increasing number of unattached singles are pooling their resources together for a joint property purchase. Banks and financial institutions have taken notice of this trend and are providing financing to two or more friends who wish to buy a home together.
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Myrtle Beach Condos for Sale: 3 Factors When Buying for Rental Income

Some investors in the market for condos for sale are interested in purchasing such type of property either because they either anticipate its value considerably within a target period or because they want it for rental income. Since condo units in general do not appreciate as fast as most single family homes do, many people choose to rent them out instead of passively wait for its value to go up. If you consider buying a condo unit here in Myrtle Beach for the same purpose, here are three factors you need to consider to find the right property for your goal.
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Why Buyers Should Care More about Energy Efficiency in Real Estate

Life in Myrtle Beach, SC has a lot of perks. The place offers a lot of amenities, attractions, and opportunities to make a living. Perhaps foremost of all these is the city’s relatively low cost of living at around seven percent lower than the national average – something not typical of a resort city. With the aforementioned qualities, it wouldn’t be a surprise how the city attracts many prospective residents. Relocating to the city would mean going through the real estate market, and for anyone looking for a home, many considerations will pop up, and they need to be addressed. Neighborhood, number of bedrooms and bathrooms, price, and home type are just some of the widely known considerations a potential homebuyer will face. One factor that many might not consider—but nonetheless important—is energy efficiency.
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Home or Business? Tax Benefits from a Second Real Estate Purchase

Buying a second home in great vacation locations like Myrtle Beach, SC can be a very good investment. Some people would rent out their second properties for most part of the year as a source of income, while others simply just drive down to their beachside houses for a quick weekend getaway. Whichever your reason is for your second real estate purchase, the move can certainly be a beneficial one, particularly when you consider the tax benefits. Here are some of them: If Used as a Personal Property: If you don’t rent out the property, you can enjoy the following tax benefits: • Mortgage interest – Interest on the second home mortgage can be deducted, as with interest on your primary home mortgage. The total amount of your debt (for both primary and secondary homes), however, must be within $1 million.
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Living in Oceanfront Condos May Hold the Secret to Being More Creative

For many centuries now, people have always been attracted to living near the sea—or any body of water for that matter. Some are attracted to the pushing and pulling of waves, others to the open blue water, and some to the calmness it gives. There are those who would try to explain this attraction through science – negatively charged ions affecting the body’s serotonin levels; while other explanations are borderline pseudoscience – a need to connect with nature. Whatever the true reason may be, it can’t be denied that the being near a body of water is relaxing and rejuvenating. According to Zenhabits.net, creativity can be enhanced in two ways. The first is through solitude, and the second by social participation – two things that you can achieve by living at oceanfront condos in Myrtle Beach.
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Experienced Myrtle Beach Realtors Enable Successful Lease Agreements

Many homeowners who have taken the leap into property investing naturally expect good returns. While leasing out property is a good way to generate passive income, you need to proceed wisely to avoid potential money pits. Tap the expertise of realtors such as Coldwell Banker Chicora Real Estate in Myrtle Beach, SC when it comes to marketing your property for rent. Do your homework Among other things, you need to sort out the rental rates. Research the market value of rental houses within the area and account for potential fixes to your property. Your realtor may connect you with a property manager to help hammer out a rental fee that is competitive and mortgage friendly.
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Houses for Sale in Myrtle Beach, SC Promise a Fulfilling Investment

If you’re looking for a good investment, one that offers great potential is a new house – specifically a vacation house in a beautiful beachside community. This venture requires a bit of prudence, however, and one of the first things you need to do is find a skilled property agent who can guide you through the process and avoid the pitfalls. One of the most promising communities to invest in is Myrtle Beach, South Carolina. Proudly boasting a tourism-heavy atmosphere every day of the year, the city’s Atlantic shoreline gives vacationers that much sought-after beach time followed by a relaxing evening at an oceanfront home. If you are aiming to invest in a quality vacation house, the top agents in the area, like those at Coldwell Banker Chicora Real Estate, can show you the best houses for sale in Myrtle Beach, SC.
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Considerations in Homes for Sale: Should Your Kids Share a Bedroom?

During your search for homes for sale, one of the important considerations you need to decide on is the number of bedrooms in your home. Will you need several rooms for your big family, or would a two-bedroom home be enough? Will you sacrifice a larger home with four bedrooms for a smaller house in a much better location? Another issue to consider is the bedroom for the children. It’s easy for children of the same gender to share the same bedroom which gives them many opportunities to bond. However, you’ll have to decide on getting another bedroom when taking to account gender and age differences between or among siblings. Generally, when siblings already enjoy each other’s company with similar interests and hobbies, they can develop even greater emotional connectedness when they share a room.
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Looking for Condos for Sale to Rent Out? Ideas for a Vacation Home

If you’re planning to buy a second home, consider getting one in a beautiful vacation spot like Myrtle Beach, SC. You can use this vacation home whenever you want to unwind on weekends or holidays, or if not, you can rent it out. Couples, families, or friends on an outing can use your property while on tour in the Myrtle Beach area, and arrange to use the place on a daily, weekly, or even monthly rate. If such an investment presents great income potential for you, you have to set out to find the right property that you can afford to purchase and maintain. If your budget falls short of a large beachfront property, you can opt for condos for sale in the Myrtle Beach area, which continues to be a location with dynamic and vibrant communities. With condos in Myrtle Beach, you can still have the beach nearby while being in proximity to other tourist destinations. Consider investing in desirable features like spacious rooms and modern amenities.
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Myrtle Beach Real Estate— Development Boost Aimed with Floating Zone

In late June, 2015, Myrtle Beach officials implemented a “floating zone” downtown—referred to as the south mixed-use area—that will allow real estate developers to suggest projects that don’t necessary fit the current zoning in the area. The officials hope the move will inspire creative, mixed use development in that part of town. The south-mixed use area begins at First Avenue North and goes all the way to Seventh Avenue North and covers the Atlantic Ocean to Kings Highway in Myrtle Beach. Mixed Use High-Intensity (MU-H) is the current zoning in the area, and allows for commercial and retail developments. “It’s amazing when you go down there and you wander around and see the potential for what it could be,” said John Pedersen, City Manager.
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Looking for a Child-Friendly Place: Real Estate in North Myrtle Beach

Look back to your childhood. Do you remember running around your neighborhood with a pack of other kids, without care or worry that any harm will come to you? Don’t you want that same feeling for your own kids? When you take the time to find the right community to live in, you’ll find it soon enough. Places like Myrtle Beach overall, have plenty to offer for children and adults alike. Amusement parks, beaches, amusement rides, and a multitude of attractions and events make real estate in the area an ideal place to raise a young family. MyrtleBeach.com lists a few local sights and sounds where ‘kids from 1 to 92’ can have the space to freely enjoy themselves:
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Realtors Share Expert Tips on How to Increase your Home’s Curb Appeal

A combination of good upkeep, visual charm and attention to detail, curb appeal is often enough to draw a person to a home with just a single glance. Though undefinable, it’s actually something that 71 percent of homebuyers look for when buying a home, thus it’s only prudent to have eye-catching curb appeal, which can either make or break a deal. Even realtors and real estate agents consider curb appeal as among the five most important factors when selling a home, since it could add as much as 10 percent to a home’s value. Without it, prospective buyers will either want to settle for a lower price or reject your home altogether. You only need a small budget to do these simple jobs that can contribute to raising your home’s curb appeal.
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Why Now is the Time for You to Buy Houses for Sale in Myrtle Beach, SC

With the Federal Housing Administration reducing annual mortgage insurance premiums by 50 basis points, buying a home is best done sooner rather than later, when house prices can get more expensive and interest rates go higher. Thanks to more options for cheaper mortgage insurance premiums, you’ll find that investing in a house is a better idea than renting and losing more money in the long run. These conditions make for a perfect opportunity for you to buy among houses for sale in Myrtle Beach, SC, an opportunity that you definitely shouldn’t miss before it’s gone. You can seek help in your home buying endeavors with the help of real estate experts like those from Coldwell Banker Chicora Real Estate.
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Things to Know as You're Looking at Homes for Sale in Myrtle Beach, SC

First of all, when you're looking for a house, don't be tempted to buy something that's too big for your needs. Some houses look so good that it’s all too easy to just buy the one that catches your eye. The problem with that approach is that you have to live in the house and keep it well-maintained. If you're a couple with modest income and no children, you don't need multiple bedrooms, a large lawn and a dining room that looks like it's fit for a mansion. As you consider the available Myrtle Beach homes for sale, look for one that you can be comfortable in and also be certain that you can pay for its upkeep.
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Condos for Sale in Myrtle Beach, SC Give Options for Young People

As a young person spreading your wings for the first time, you’ll probably want to move out of your family home and rent an apartment. Given all of the available condos for sale in Myrtle Beach, SC, however, it should be easy enough to buy one. Although part of you might want to go for something more permanent like an actual house, there are actually some reasons that you shouldn’t. Many people assume that buying a home early in life would be a good idea. As a young adult, however, there are several factors to consider. First of all, you’ll need to think about where you will be within ten years. You might end up moving across the country for a job or for some other purpose; young people’s lives are known for being unsettled. This means you may end up selling the house you bought.
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Myrtle Beach, SC Real Estate: Should You Put Your Home on the Market?

When you were in the market for your first house, you might have gone in thinking that it’s the first and last house you’ll ever buy. In recent years, however, you might have gone through significant changes in your life that would make living in your current house not so ideal. Putting it on the Myrtle Beach, SC real estate market may be the best decision you can make as it will afford you better opportunities without having to leave your beloved coastal city for good. Downsizing Has Its Perks You might have bought your first house to start a family, but now that your kids have moved out, there’s really not much sense in holding on to a home that’s too big for just you and your spouse. You’d be better off with a smaller house with fewer rooms to clean and maintain. Why not sell your house and use the money from the sale to buy yourself a new home that’s more suited to your needs?
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North Myrtle Beach Real Estate Investments: Think Like the Experts

Buying a property smack dab in the middle of warm and sandy Myrtle Beach has its perks. Who wouldn’t want to wake up to beautiful, beach-perfect weather and stunning views of the Atlantic? If you’re in the market for an oceanfront property, you’ve got to think like the experts to make the most out of your North Myrtle Beach real estate investment. Here are some smart investment tips to consider. Prepare for a Glamorous Lifestyle If you are financially secure, gunning for a beachfront property may prove rather rewarding. With countless other buyers competing for such assets, however, property prices are bound to be higher than in areas well away from the beach. Then again, you can score a good deal if your timing is just right. Be sure to work with skilled real estate agents, like those from firms like Coldwell Banker Chicora Real Estate, to know when and where to buy.
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Buying Myrtle Beach, SC Real Estate: Decision Guides for Young Adults

Buying your first home is one of the biggest steps in life you’ll take. As a young adult facing various possibilities in your career, you’d want to establish residence in a place that has a continuously growing economy. If you want to live in an area with a beach and great weather, and promotes engaging in an active lifestyle, then come to Myrtle Beach, one of Grand Strand’s finest cities! To help you find your new home by the coast, consider consulting with local Myrtle Beach realtors. Between 2013 and 2014 alone, the coastal city’s job growth of 5,500 new job accounted 16.9 percent of South Carolina’s overall job growth. Additionally, the City’s Comprehensive plan for 2015 states that 35 percent of the jobs are from the hospitality industry, 13 percent from retail, and 8 percent are construction-related. The growth factors are primarily influenced by the continuous influx not only of tourists and retirees, but also of millennials entering the housing market. Additionally, the grow
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A First-Time Buyer’s Guide to Inspecting Myrtle Beach Houses for Sale

There are countless options for choosing from the mnay wonderful houses for sale in Myrtle Beach, SC. If you’re already considering one, your next step would be to conduct a home inspection to verify whether your preferred house is indeed in the best condition that you expect. Note that this stage of the buying process isn’t something to be taken lightly; a beach house is an expensive purchase, and you wouldn’t want your investment to drown right into the depths of lost causes. Here are key things you shouldn’t overlook during the inspection: 1. Check all of your primary house systems: electricity, bathroom, roofing, basement or crawlspace, appliance furnishings, insulation etc. Gather details about the following: Is the house connected to a public sewer? If not, how old is the septic tank and how often do you have to pump it out? How’s the HVAC system? Is there an AC? A furnace? How old are these equipment?
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Beach Homes for Sale in Myrtle Beach, SC: Investing in Healthy Living

There have been numerous stories about how living near the ocean can help improve someone’s health, but many have assumed that these effects are nothing more than a mental reaction to being in a calm place. There are evidences, however, that point to living on beachside properties having actual health benefits. Here are some reasons why you should start looking at waterfront homes for sale in Myrtle Beach, SC. Sea Air According to research, the fresh sea breeze is more than just fresh air. Sea air is actually charged with negative ions, which make oxygen absorption easier for the body. These ions also help in achieving balanced levels of serotonin, a body chemical which affects our mood and capability to handle stress. Simply put, fresh sea breeze helps our bodies relax better.
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Condos for Sale in Myrtle Beach, SC: Perfect Investments for Singles

Most young people have difficulty deciding how best to invest their savings. Perhaps, upon receiving your new paycheck, you might have splurged on a new pair of shoes, or threw an “I have a job” party, and that’s all normal. You are entitled to enjoy your newfound financial freedom, but soon after, you need to start managing your spending. One of the important things to remember is that you can’t stay in apartments forever. You need to save up enough money for a down payment for a home, and start keeping tabs on your credit score in preparation for obtaining a mortgage. Some would choose to buy a car before a house, but from an economic standpoint, a house is, and always will be, a better investment. If you think a house is too big for single living, you can consider attractive condos for sale in Myrtle Beach, SC.
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Investing in Real Estate in Myrtle Beach

With its booming real estate market, Myrtle Beach is the perfect place to find an investment property. As with any investment, you need to make sure that the property you buy will indeed be profitable for you. Real estate is a very tricky business to get into but when you develop an eye for quality, pretty soon you’ll be on your way to success. Here are some selling points that you need to watch out for when looking for a rental property: 

1.  Neighborhood Perks

The right neighborhood attracts the right tenants. When it comes to neighborhoods, you need to pay close attention to its aesthetic appeal as it’s the first thing buyers will notice. Also, take some time to see what amenities are close by. Are there any malls, gyms, parks, and theaters near the area?

2. Rent Status

Areas in the same city might have different rent conditions. Be sure to do some research first about the area you’re interested in to make sure that there is profit waiting for you there. 

3. Room for Development

Development is always attractive to buyers but it can be costly for you as a landlord. It might be necessary, however, if there is some competition on the market. Be sure to plan carefully for development in the future.

If it’s your fist time taking on the real estate market, it’s better to have an ally. A real estate agent from the area can help you.

3 Tips for Choosing Your Real Estate Agent

In selling your North Myrtle Beach home, hiring the right real estate agent is crucial not only for you to find a buyer faster but also to ensure a smooth transaction. Closing a deal is not difficult, but it may take some time. Nevertheless, working with a competent and reliable realtor spares you from the hassles associated with real estate transactions. Here are a few tips to serve a guide when choosing the ideal realtor:

Talk to previous clients

As a seller, you’d want to get the most value out of your investment property. Do your part and ask the realtor for his portfolio, as well as permission to talk to his previous clients. You’d want to find out whether or not his previous clients are happy with the realtor’s services. 

Check out the listings

Determine whether most of the properties that the realtor brokers are similar to your property. What prices are these properties selling for? You can get an idea of how much your real estate will sell just by looking at the realtor’s listings. 

Hire local

Real estate agents usually sell more than one house in a given community so ask them what other properties in your neighborhood he has listed or have sold recently. Your agent should also well-versed with information about the community and property taxes, among others, because buyers will certainly ask for these details.