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Myrtle Beach Real Estate |Investment Vacation Properties

DSC_0252Myrtle Beach Real Estate experts at Century 21 Coastal Lifestyles will work with you to achieve your investment vacation property goals. A few initial questions will get us started.

  1. What your plans are for the use of your investment property?
  2. Are you going to use it purely as a rental investment without ever using it personally?
  3. Are you planning on using your unit as a vacation retreat for your family and friends?

There are many things to consider when you are looking at in investment property at the beach. What is included, or not included in the homeowners association fees. Some complexes include insurance, water, cable, wifi, and electricity.

Rental income history will also play a big part of your return on investment. Some buildings and resorts perform much better than average.

Are looking for oceanfront, second row, or golf course vacation properties? What is the proximity to local attractions? – Broadway at the Beach, Myrtle Beach Boardwalk, Barefoot Landing, and Carolina Opry have been the most popular attractions lately with more to come in the future.

Myrtle Beach is also fast becoming a sports tourism area attracting, basketball, softball, baseball, lacrosse, and soccer teams from across the country to compete and vacation in Myrtle Beach, SC.

Where is the unit positioned in the complex?  Corner unit, upper floor? lower floor, Is there an elevator?? Each building has its own characteristics which will influence the potential return on investment.

Also, the vacation rental company will make a huge difference on you return on investment. What is the commission rate? How many units does the management company manage? Typically the larger management companies do not get the premium rates and do not clean units very well. They also charge higher commissions for less personal service.

Century 21 Coastal Lifestyles has been servicing Myrtle Beach Real Estate and North Myrtle Beach along the Grand Strand. We can help you. Contact us today and put our experience to work for you!

Myrtle Beach Real Estate | Century 21 Coastal Lifestyles trusted real estate professional services for over 40 yours. We know Myrtle Beach real estate. Coastal Lifestyle Vacations, LLC can help you manage your vacation property once Century 21 Coastal Lifestyles helps you with your purchase. Myrtle Beach vacations are rated at the top of the list with Homeaway, Flipkey, Yahoo! Travel, and other major travel service providers.


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Myrtle Beach Real Estate Area Foreclosures

Myrtle Beach Real Estate area foreclosures and North Myrtle Beach foreclosures can be a fantastic real estate purchase for buying investment property, second home, vacation rental, or for some, permanent residence. Century 21 Coastal Lifestyles provides expert real estate services and advice to help you find the right home or condo, and work to get your property closed.

Whether you are considering an oceanfront condo for sale or your next home to reside, we can help you make the choice of buying a Myrtle Beach real estate foreclosure and what to expect along the way.

Here are the basic things to know before delving into the foreclosure real estate arena:

  1. Obtain a pre-approval letter from your lender or a proof of funds letter from your bank.
  2. Be prepared to make an offer as these properties do not last long on the market.
  3. Understand that many properties receive multiple offers.
  4. Banks typically will review offers within a fews days, but do not be surprised if it takes a few weeks depending upon the demand and internal resources available.

Century 21 Coastal Lifestyles has been providing trusted real estate professional services for over 40 yours. We know Myrtle Beach area real estate.  We can help you. Contact us today and put our experience to work for you!

Check out the most recent foreclosure listings.