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Sloan Realty Myrtle Beach Blog

Check Out These Affordable Foreclosures

While the foreclosure crisis in this country is slowly easing, some of the nation’s neighborhoods feel like it’s just begun. CNN recently reported that total foreclosure filings, including default notices, scheduled auctions and bank repossessions, were down 3% in 2012 compared with a year earlier, according to RealtyTrac’s year-end foreclosure report.

Myrtle Beach foreclosuresStates with the highest number of foreclosures in 2012 were Florida, Illinois, and Georgia, displacing former title holders California, Arizona and Nevada which accounted for 81 out of the top 100 zipcodes reporting foreclosures in 2011.

While it’s good that South Carolina was spared from any top 100 lists it doesn’t mean we don’t have any properties where you can save big. The Myrtle Beach foreclosures that we have at Sloan Realty are worth a closer look. We’d be happy to take you out and show you any of the Myrtle Beach foreclosures that are presently on the market and waiting for new owners.

Myrtle Beach foreclosuresGreat deals like those you can find on foreclosed property will not be around forever. The market is beginning to come back and the price of real estate is starting to go up. If you’ve been putting off making a purchase, the time has come to take action. We have properties ranging from $735k to $174,900 and there are 2-5 bedroom homes as well as some residential building lots.

Don’t miss out! Give us a call at 800-476-1760 today!

Buying Foreclosures On the Spot

Myrtle Beach foreclosuresIf you’re looking for ideally priced real estate in Myrtle Beach, South Carolina, then you must consider the Myrtle Beach foreclosures we presently have available. You can find out quite a bit about these properties by checking right here on our website.

There are plenty of foreclosed properties in South Carolina and many in the Myrtle Beach area. Before you make the decision to purchase any one of the Myrtle Beach foreclosures, you should check out the area to make sure that you are buying in the right location for you and your family. You will always do better to look at location rather than just property when you are buying real estate. This is because properties that are in foreclosure in blighted areas do not increase in value as much. You want to get the best location that you can afford, even if it means getting a smaller home. There are many Myrtle Beach foreclosures that are in good locations in and around the city.

If you are interested in purchasing real estate be sure you’ve been approved for a mortgage by a bank or other lending institution before you begin your search. While you can put a financing contingency on a contract when you are purchasing property the conventional way, when you are dealing with foreclosure listings, you need to have no contingencies and be ready to close on the property. That means being pre-approval for a definite dollar amount which the foreclosure will not exceed.