Of all the cheap oceanfront property, be it Florida oceanfront or North Carolina property, the best deals can be found in Myrtle Beach, SC foreclosures and short-sales.
Myrtle Beach has always been the best priced deal on oceanfront condos and beach property, and now with numbers of foreclosures here at a record high, the available properties are unbelievable. The major hurdle to buying foreclosures in Myrtle Beach is TIME. These deals are snatched up immediately, and if you are interested in finding a deal, you have to move immediately. There are foreclosures going on right now that can be had for half of what was paid for them 3 years ago.
Finding an beachfront condo in PRE-foreclosure can be the best thing of all. The owner may be willing to take a substantial loss to avoid getting a foreclosure on his credit record, and banks may be willing to accept a lower price than what is owed on the mortgage as well, known as a "short-sale".
Contact Us As Soon As Possible if you see a foreclosure in Myrtle Beach that you want to investigate further. Below are our hand-picked foreclosure listings updated in real time, as they appear on the MLS:
