If you’ve been looking at Myrtle Beach homes for sale and have finally found your dream home, we know it’s an exciting time for you! Patience is key as you follow the process from making an offer on the property to actually taking ownership of your new home.
There are things to know when closing on any of the Myrtle Beach homes for sale that you might purchase. Certain documents need to be obtained and the majority of these will be handled by the closing agent. It will be your responsibility to provide some items as well.
Your new lender must receive a first mortgage on your property. Consequently at closing, all other mortgages or liens, including home equity lines, must be paid off or subordinated by the seller. Your loan approval may be granted subject to proof of certain conditions that may include the sale of a previous residence, liquidation of stock or other investment account, and/or payment of outstanding credit accounts.
At the closing the seller may be required to supply a letter from a licensed pest exterminating company stating there is no active infestation of termites and no damage from prior infestations.
Sometimes contracts provide a one-year warranty to be furnished to the purchaser at closing. The warranty, which is most often paid for by the seller, covers systems and appliances in the house for a period of one year, subject to the terms of the agreement.
Other documents that could be required for closing are a survey or mortgage loan inspection, deed search, and a cashier’s check for money due.
Many homebuyers are taking advantage of the lower interest rates and buying their first beach house from the large assortment of Myrtle Beach homes for sale. Purchasing beachfront property right now may be the best decision investment home buyers will ever make.
Owning a beach house is like owning your own piece of paradise complete with a scenic view down the long stretch of beach. Myrtle Beach homes for sale come with a variety of activities to enjoy the whole year. When you buy a home here you’re buying a lifestyle. From parasailing, surfing, kayaking or biking and walking the beach front, Myrtle Beach beguiles not just visitors but year round locals as well.
There are oceanfront Myrtle Beach homes for sale that are ideal to use for rental properties. You will never worry about finding renters as they come the whole year round. Who wouldn't be excited to spend a relaxing vacation in a good-looking rental home in Myrtle Beach?
Myrtle Beach is a great place to retire to and the area provides wonderful retirement homes. The many health benefits of living here include the relaxation that comes from living close to the ocean, the healing effects of being near and in the ocean water, and with so much sun your immune system and your mood will be lifted on a daily basis. With the long walks either on the beach or trails, retirees can be in the best health of their entire life.