Foreclosure is not your only option

Two alternatives to Foreclosure

Almost 1 in every 171 homes was served with some sort of foreclosure notice this past quarter.

But just accepting it and letting your home or condo go into foreclosure is not your only option.

Two other options you have is a Deed In lieu of Foreclosure and a Short Sale.

Both of these options are a negotiation with the bank, however many banks would rather you go with one of these option rather than go the full length with a full foreclosure.

With a Deed in Lieu of foreclosure you are voluntarily giving your property back to the back. Of course every situation is different and every bank is different.

With a short sell you are actually selling your property but the bank is allowing you to sell the property for less than what is owed. A short sell can be time consuming and a lengthy process, so if this is the route you are looking to take you need to start the process as soon as possible.

For more information or if you are looking at selling your property go to Myrtle Beach Real Estate

Market Commons in 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 Real estate

Myrtle Beach Real Estate owners are not the only Loosers with Arm Loans

Arm Loans are resetting the “mortgage crisis” is in full swing but Myrtle beach Real estate home owners and real estate investors are not the only people that are loosing out.

This economic downturn is also hitting the renters that are occupying many of these homes that are going into foreclosure.

Many renters are having to move out of their homes with as few as just a couple days notice. Most tenants do not get near as much notice as homeowners.

If the tenants have a limited income or are not expecting to have to move this could put them in a horrible situation. Many renters do not have the money to pay for moving expenses, deposits and first months rent at a new apartment without planning or any notice.

Of course every state is a little different when it comes to tennant rights and what they can do in the situation of an owner getting foreclosed on.

The biggest reason many real estate investors are having problems is because they bought at the top of the market and since the market has cooled, rent rates are not enough to cover their mortgages.

However there are some great deals on Myrtle Beach real estate and for more information contact us at Myrtle Beach real estate.

Hidden Lakes Village

Beazer Homes out did themselves on these Little River, SC homes for sale. Hidden Lakes Village offers existing and new homes starting in the $100s. The community offer many home sites with pond views.

The amenities include a swimming pool and tennis court. Hidden Lakes Village is located just minutes from the ocean, golf, shopping and entertainment.

This Little River Community offers several floor plans ranging from 3 to 5 bedrooms homes and 1500 to over 2000 sq ft.

For more information on buying or selling a home in Hidden Lakes Village



Contact us at Myrtle Beach Real Estate

The Lakes at Plantation Pines

The Lakes at Plantation Pines is located off of Hwy 9 in Little River, SC, just minutes from hwy 31 and all Myrtle Beach Real Estate has to offer. The community has over 350 homes offering 4 different floor plans.

Floor plans range from about 1300 sq ft to just over 2000 sq ft.

The Lake at Plantation Pines offers Homes for sale start in the $100s.



For more information on buying or selling a home in The Lakes at Plantation Pines

Contact us at Myrtle Beach Real Estate

The Bluffs at Tidewater Plantation

Places like the Bluffs at Tidewater Plantation are few and far between it doesn't matter where you are looking. These North Myrtle Beach homes are absolutely beautiful. Tidewater has become one of the most desired communities in North Myrtle Beach.



This community features first class amenities including a championship golf course, tennis courts, club house and a price ocean front cabana.

The Bluffs offers single family homes located in a private gated community. You have several choices when it comes to buying Myrtle Beach Real Estate in The Bluffs at Tidewater Plantation. Homes sites offer golf course homes, salt water marsh homes, freshwater lake homes and homes with wooded surroundings.



The community offers brick, stucco and wood exteriors homes.

For More Information Contact us at Myrtle Beach Real Estate

Myrtle Beach Condos

Myrtle Beach Condos have been extremly popular