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Myrtle Beach Real Estate

We Specialize in Myrtle Beach, SC Real Estate. Lots of options are waiting for you in Myrtle Beach, South Carolina and choosing the right realtors can help you in finding the perfect area and the right home for you and your family and make your dream a reality!  Let us help you in making one of the biggest, if not the biggest, decisions in your life.   

We were both born and raised along the Grand Strand and know the entire Horry County, so no matter what style of home you are looking for or what area you prefer, we can help you!  Please give us a call and let us help you make your dream a reality!  843-222-8566.

           

June 30, 2020

Expert Advice for Seniors Moving and Downsizing

Image via Pexels

Expert Advice for Seniors Moving and Downsizing

 

Moving to a new place takes a lot of work; it’s more than just packing up your belongings, hiring a mover, and getting settled in your new home. The process should also include downsizing, considering your next housing options, and creating a moving budget.

Planning for Your Move and Beyond

Moving to a new home is something to look forward to, but it’s also expensive. If you know a move is on the horizon, plan well in advance by budgeting and deciding what type of housing arrangement is best, whether that’s a smaller home, a senior community or something else.

 

7 Senior Housing Options: Which One Works Best?

Get in Touch with the Boyd Team to Look for Houses That Suit Your Needs
How Much Does a Senior Home Cost?

How Much Does It Cost to Move?

Senior House Sharing: Are Senior Roommates Right for You?

Mortgage Help for Veterans

How to Downsize in Every Category

Once you determine your next living arrangement, you’ll know how much space you have to work with. The best time to start downsizing is right now, whether you’re planning to move in a month or five years. Look for ways you can downsize in each area of your life.

 

How to Declutter Your Clothes

7 Ways to Thrive in a Smaller Kitchen

How to Declutter Keepsakes and Memorabilia

How to Declutter Books and Magazines the KonMari Way

What to Do After Downsizing

Deciding what to keep and get rid of is the hardest part. After sorting through everything, you’ll need to choose where to take your items, whether that’s donating items to charity, putting your stuff in storage, or packing up things to take with you.

 

How to Donate Your Used Items 

How to Get Rid of Old Furniture and Large Items of Trash

17 Moving and Packing Tips for Your Smoothest Move Yet

 

Moving is a long process that includes a lot more than packing up boxes. You’ll want to plan your transition to a new place well in advance so you can secure the housing you want and move in without clutter weighing you down.

 

 

Posted in BoydTeam Blog
May 7, 2020

Useful Tips on Buying Myrtle Beach, SC Condos

 

Hilside Condos Home for Sale

Think of your condo size.

In choosing a condo unit or building, believe just what proportion space you need; a touch luxury is never a nasty thing if you'll afford it. Do some research on your prospective condos, and see how your budget can stretch to accommodate anywhere from one studio room to an outsized three or four bedroom set.

Talk to a realtor.

The best thanks for a condo purchase goes to a reputable realtor because they will walk you through the right method. These agents are versed in every aspect of the important estate market within the local and surrounding areas, including beachfront and hillside properties. A reliable land agent can take the strain out of the method and may assist you to find the simplest options given your budget.

Check out the condo.

Naturally, you’ll need to inspect the products. Inspect every condo unit and therefore the interiors your agent shows you until you discover one which will fit your lifestyle and standards. Inspect also the safety around your building, and your neighbors. Here’s a tip from SF Gate contributing writer Cari Oleskewicz:

Examine floor plans, parking, amenities, and what's included together with your association dues when considering a specific condo. Believe security. In beach locations fashionable tourists, you'll need a condo with a complicated security system and a restricted or gated entrance.

Check the fees.

Don’t be burned by assuming that the particular condo price is that the only thing you’ll be paying for. Confine mind that the condominium itself is going to be charging you monthly association fees. This may include maintenance, cleanups, and amenities, so make certain that you’re willing to buy the privilege of using the rooftop pool before you sign the sales contract.

Efficient Myrtle Beach realtors can assist you to find a condo that suits your lifestyle without your having to burn through your budget all directly. The last word answer, however, as to if your investment will prove well worthwhile lies on how well you prepare and do your homework beforehand.

 

 

Posted in BoydTeam Blog
May 4, 2020

Latest BRG listing for Moving to Myrtle Beach

 

 

Latest BRG listing for Moving to Myrtle Beach |  BRG - Beach Real Estate‎

Have you been thinking about how nice it would be to live the dream life in beautiful Myrtle Beach, South Carolina? Myrtle Beach offers a good array of affordable residential homes, retail shopping, dining, entertainment, and the most scenic views along the east coast. While many might imagine of Myrtle Beach even as an excellent place for a vacation, those that sleep in this beautiful coastal town enjoy mild weather and beaches that extend for miles with plenty to try to all year round. Myrtle Beach is popular for retirees who are seeking nice weather, affordable housing and plenty of activities to keep them busy. It’s also a great place for families and individuals to live who want to find employment opportunities, entertainment, shopping, and more. Myrtle Beach offers the best for those who want a quiet, calm lifestyle with beautiful oceanic scenery but it also much for those who want to live in a place where there is always something fun to do.

The climate in Myrtle Beach is mild and you can expect temperatures ranging from the mid to upper 70’s in the spring and fall, upper 80’s to mid-’90s in the summer and mid 50’s in the winter. Hurricane season is June through November, but hurricanes are very rare in Myrtle Beach and a significant one has not struck the area since Hugo hit in 1989. Tropical storms are typical and can bring heavy rain and winds to the area. If you are new to the area and did not transfer with an employer, work can be found in many industries. The hospitality, tourism, and retail sales industries are always booming and seeking employees.

Here are the Latest Myrtle Beach Listings from boydteam.com

1.       7054 Byrnes Ln., Myrtle Beach

2.       9501 Shore Dr. Unit A-304, Myrtle Beach

3.       5905 S Kings Hwy. Unit 233B, Myrtle Beach

4.       6001-1191A South Kings Hwy., Myrtle Beach

5.       2710 N Ocean Blvd. Unit 710, Myrtle Beach

6.       111-4 Gully Branch Ln. Unit 111-4, Myrtle Beach

  

7.       3669 Kingsley Dr., Myrtle Beach

8.       301 Shelby Lawson Dr. Unit 9-405, Myrtle Beach

9.       120 Gully Branch Ln. Unit 2, Myrtle Beach

10.   7100 North Ocean Blvd. Unit 401, Myrtle beach

Myrtle Beach is also a great location for small business owners as the local tax rate is low and the community is very small business-oriented. Myrtle Beach is home to just about 33,000 people within the city limits but hosts quite half 1,000,000 visitors annually. Spending time walking along the boardwalk next to the Atlantic Ocean is a dream come true for many people. When you’re ready to take steps to a new life in Myrtle Beach, try to plan a few days to explore the local area and see the sights and check out the atmosphere and then, sit down with a Myrtle Beach REALTOR and discover everything that Myrtle Beach has to offer.

 

 

Posted in BoydTeam Blog
April 21, 2020

Things to think about Before Buying a New Home

Things to consider before buying a new house

 

Things to think about Before Buying a New Home

For many people, owning a home brings a way of pride and freedom that can't be matched by renting. once you own your house, you aren’t bound by a landlord’s rules, and your monthly payments are building equity. Although buying a home could also be the primary step you're taking toward building long-term wealth, it's important to know the pros and cons of homeownership before taking the plunge.

 

Key Takeaways

• There are countless things to think about when buying a home, each as important because the next.

• Those that know what to think about when buying a house are getting to find the method far more enjoyable and worthwhile.

• Mortgage rates and residential prices are only a few of the items to think about when buying a home.

 

What to think about When Buying a House

Whether you're a first-time homebuyer or a seasoned investor, here are a number of the foremost important things to think about when buying a home:

Expert Opinion

When you start trying to find a home, the primary thing you discover is people with tons of opinions. it is vital to ignore everyone except those that provide grounded advice. Family and friends who have bought one house in their lives probably do not know all of the important details of today's home-buying process. People that have worked inland, home improvement and title industries for years probably do know their stuff, so hear them. Once you pick a Realtor, pick one that comes with solid recommendations from around the area and years of successful representation among buyers: it is too easy to seek out a Realtor that's just in it for a fast buck.

Duration of Stay

While often overlooked, the quantity of your time you propose to spend within the house is one of the foremost important factors to think about when buying. Essentially, does the duration of stay make it more economical to shop for than rent? In fact, there's no simple account such a generic question. Each market is different and can require a subsequent analysis to work out if buying is that the right choice. That said; it's entirely possible to predict whether or not the time you propose to spend within the house warrants its purchase. “On average, it takes four to seven years to interrupt even on a home, where you’ve got enough appreciation where it pays you back for the value of the transaction and price of ownership,” Fleming says. “If you’re brooding about buying a home, selling it in two years and think it’s getting to be cheaper than renting, it’s impossible to be.”

Job Security

The expansion of the economy can improve employer sentiment. However, that doesn't mean that job security doesn’t weigh down the minds of these that are fortunate enough to be working. How could it not? We are still recovering from one of the worst recessions in American history. Trepidation abounds. Having said that, the last item you would like to consider when buying a house is job security. Uncertainty will almost certainly ruin any prospects of shopping for a home. there's perhaps nothing worse than buying a home, only to get that you simply are unemployed shortly after. So before you create a 30-year commitment to mortgage premiums, confirm you're secure in your employment position.

House Size

Never—no matter how tempting it is—buy a much bigger space than what you currently need (expected family growth included). An enormous house just means there's more room to take care of, more utility bills to pay and more things that would fail. So believe where you've got lived before, and the way much space your belongings really require. If all of the homes you're watching are larger than you would like, consider watching condos or townhomes.

Down Payment Options

Getting pre-approval for a loan isn't a moment lock, but it does offer you a really good idea of what kind of mortgage you'll handle, making this a crucial step. Your mortgage approval numbers also will dictate what proportion you would like to think about for a down payment—usually around 20 percent, but that varies for a few governments FHA loans and individual deals made with sellers. If you discover a house that's over your loan pre-approval limit otherwise you cannot afford to put 20 percent down as cash, it is time to maneuver on. it is vital that you simply stay within your means, regardless of what proportion you fall crazy with a house.

 

The Age of Appliances

Appliances are a number of the foremost expensive portions of the house and deserve a better look. Generally, if an appliance is quite 10 years old, the time is coming for a replacement. This is applicable to ovens, refrigerators, and other important fixtures. Also, always confirm that the appliances you see will actually be staying within the house after you purchase it (some sellers are often very sneaky about this). And keep this text nearby after you purchase a home, just in case you would like to form appliance repairs!

 

Distance to figure and Schools

Check the routes to figure and nearby schools as appropriate. Note any public transportation stops also. Don't just check out a map: Travel the routes yourself and see what they're like, how busy they're and the way much time it'll take.

 

Windows Face

A small but surprisingly an important detail, this dictates what proportion sun the house gets when it gets sun (morning or afternoon) and the way hot it'll get if you allow all the windows open. It is a basic but important facet of proper house management, and it'll also offer you a clue the way to maintain siding and therefore the lawn.

  

Posted in BoydTeam Blog
April 6, 2020

Sell your house for cash: a quick house selling option

100 Willow Green Dr. Unit D, Conway, SC 29526

 

If you are looking for an option such as “selling house near me”  and you are probably in a desperate situation that led you to determine to sell your home fast, you can go for the quickest option that sells your home for cash. And know the pros and cons of your potential home selling experience for cash:

 

The pros and cons of selling your house in cash:

If you want to avoid the typical home selling not getting involved in the lengthy and huge processing if you want a quicker option instead. Selling your home in cash would be your better solution. Selling your home in cash will save your time and you would get out of your situation easily. Before stepping further you should know the pros and cons of selling your home in cash to determine at the process consciously.

 

The quick house offers:

This is the way you can get the quickest offers from a buyer instead of going for a traditional lengthy sale. You can get to know immediately how much is your home worth selling for cash. Some cash buyers may provide rapid offers; others would want to speak on the phone and come out to inspect your property before making a potential offer.

 

Selling your house fast:      

Another lure of this option is a fast sale. It’s pretty nice to know that your closing is coming up and you are preparing to plan for your new life. A real cash buyer can truly close your home selling process within a very short period providing any title work, insurance, appraisals, inspections, and the closing agent can accommodate the closing.              

 

No house staging, repairs or curb appeal:

You tend to sell your home as-is’ in your home selling for cash. The nice thing in this model is you don’t need to worry about your home appearance; neither needs you to fix things. You don’t need to mow your lawn; neither need you to paint your wall to present in front of the potential buyer.

Cash home buyers will not look at your curb appeal. They will not smell your carpet, so you are stress-free and can go for your selling process. Remember your cash home buyers will not give you extra credit for your good preparation and staging. So, keep cool and let your home go as it is.    

 

Your difficult situation doesn’t bother your selling:

You don’t need to worry about your difficult situation. There are many cash buyers out there who are ready to buy your home in your worse situation like:

·      If your house is with a serious flaw.

·      If you have a large amount of past due.

·      If your house is burned out or storm damaged.

·      Or your property has illegal conversions or code violations.

·      If your home requires major repairs, etc.

Some of the specialized cash buyers will end up making a potential offer at your property with vital issues.

 

You don’t need to pay any commissions:

In the traditional home selling process, you have to pay many participants in your selling process, the real estate agent that you hire, the broker, the attorney, the stager, the handyman, the home inspector and many. Either you pay a flat fee or a typical commission of around 6% of your sale.

On the other hand, selling to a wholesaler you don’t need to pay any commission to anyone. As long you sell your property you get your money on hand. Maybe you have to price your home at a lower rate than a traditional selling option but you have no excess paying source where you would need to end up paying a lot of money. And after all, you will get out of your situation.

 

No home inspection & no appraisals:

Your cash home selling process is hassle-free and doesn’t need to go through a home inspection and wait for a home appraisal. Since the bank is not involved in your cash selling, so there are no appraisals and no appraisal contingencies. As a cash buyer, we tend to play the role of the bank and do the necessary things.

There are a few cons you have to face in your cash home selling model as well.

 

Low Purchase offer:

Since you expect the quickest sale, you have to be satisfied with less money than the traditional one which deserves going through a lot of “to-do” lists. And the buyers are willing to purchase quickly with cash expecting to mend, if needed, to flip the property with a potential profit. They tend to buy undervalued properties for their next profit. Whatever they offer they will tend to find something at the least price possible.

 

The sale is not always guaranteed:

Even with the promise with the quick sale, the closing is not guaranteed unless you get the deal signed and find the cash in hand. So you need to be clear how a potential buyer will delay the closing. Would they pay you the cash immediately and close the sale or they would tend to find a better offer to flip the property as long as they contract.

 

Cash buyers tend to deduct potentials repairs and improvements from your asking price: Since these types of buyers don’t expect any repairs or improvements from you, they will surely deduct the potential home improvement cost from your asking price and make an offer.

 

You wouldn’t get competitive bidders:

 You will not find millions of bidders like a traditional home selling option as you are in a hurry and didn’t list your property in the biggest home selling market through MLS. End of the day, if you are in a desperate situation you have no other option out there to help you out except a quick cash sale. So, don’t hesitate too much, just go for it.

Posted in BoydTeam Blog
April 1, 2020

How to Sell your Myrtle Beach Property in No Time.

if your situation is demanding to sell your home fast, the reason may be an unexpected divorce, job changes, a pandemic, loss of family members or just you want to change the location, you may make the process really faster if you follow some steps in your home selling process. If you are someone from Myrtle Beach area and want to sell your Myrtle Beach home fast we can make it happen as we are true natives of these localities and trusted realtors whom you can depend on. https://www.boydteam.com/. This article will help you find a way how you can sell your home really faster. Follow the steps below:

   Myrtle Beach Property     

 

Hire a superstar real estate expert:

As I said before, there is a lot you have to go through and you may not know many of the things related to the home selling process. The realtor can speak the language and he/she knows where to go and what to do to make the process faster. Full-time agents have more experience in helping clients avoid issues that can delay the selling process, such as accepting an offer from a buyer who has not been pre-qualified for a mortgage. They have much knowledge about the real estate market. They can compare the price of your home properly and they know the current market trend. So, a good realtor can really make it faster.

 

Myrtle Beach House Sell

Cleaning, De-cluttering, and Staging:

As long as you hired your right realtor, you should immediately start making your home look good. Have the best cleaning you ever had, dust, filth, garbage or whatever it is, clean them off and throw them out to make your home nice and tidy. Make more space as much as you can. De-clutter your home removing the things you don’t need regularly. Depersonalize and neutralize your home so that your potential buyers will envision themselves in your home and tend to make an offer.

Stage your home bringing curb appeal and every possible thing needed for your home staging process.

 

Your realtor may advise you to make it more effective and inexpensive. If you want to stage your home at Myrtle Beach real estate, we are ready to help you: https://www.boydteam.com/

  

Do a pre-listing inspection:        

Since you want the process faster, you must have a home inspection before listing your property otherwise you may have to wait for a long time in the market that has no offer. Make sure you have fixed your potential faults and you didn’t leave something untidy, broken, and damaged. This precaution will help you be superfast in your selling process. A professional inspector can help you in the best way your home needs to be prepared.

                                                                     

Price your home:

Pricing your home is very important to sell it faster. You may tend to price your home higher than the market value and that will slow down your selling. Overpricing will lead your home to stay a long time in the market which you wouldn’t like. You may find the proper guideline about pricing from your realtor who really can compare the market price and know how it really works. You shouldn’t go too high or too low rather stay in between and make the price comparison.

 

Find your selling point and specialty:

 

Finally, tell your agent about the secrets that you loved most in your home which will possibly attract your potential buyers as well. You may have loved the birds seasonally visit your landscape and twitter, which amaze you a lot. Or the charming restaurants are on your walkway. All of these could be valuable for marketing your home and have a faster sale.

 

The best agents have a marketing strategy that will really help your home be sold faster. If you are looking for an expert realtor in the area of Myrtle Beach you can contact us. Just visit this link. https://www.boydteam.com/.        

Posted in BoydTeam Blog
March 24, 2020

Common home staging mistake that you should avoid.

 

If you want to sell your home fast, a proper staging of your home is very important. But, you may not be aware of some common mistakes of your home staging which consequently delay your home selling, and may lead to having an unattractive deal. If you have a home for sale near Myrtle Beach, we would be your best friends to help you from the beginning to the end of your home selling process. Just go through this link: https://www.boydteam.com/. This article will help you to avoid some common mistakes; you might be doing in your home staging.

 

Forgetting the pre-home staging layout:

You never know how your potential buyer would imagine and how they will dream about your home? Leave the options to determine and let them dream however they want. So, take pictures before you de-clutter your home and rearrange your furniture. To stay flexible, take pictures of your previous layouts.

 

Over personalization:

You must not over personalize your home while home staging because you are going to leave the home shortly.     

Let your potential buyers think and dream their own dream in your home. Take your things away and let them in. remove your personal and family photos, take out the things that represent your personal preferences.

 

Forgetting the targeted audience:      

If you forget your targeted audience you would probably miss the deal. You must consider your potential buyers and stage your home accordingly. Do not focus on your preference rather focus on your audience’s consideration.

 

Imbalance in the scale:  

If your furniture is too big or too small that will make your home look imbalanced and likely to decrease the space, your potential buyers will take it seriously into consideration. Scale and proportion are very important to consider when putting together any room.

 

Pushing furniture against the wall:

This is one of the vital interior mistakes that people tend to do in their interior. In terms of home staging, you should be careful about your furniture set-up. It is not true that you will have more space if you place your furniture against the wall.

Creating gendered rooms: 

You should make your home neither masculine nor extra feminine, rather make it neutral so that, your buyers will discover and distinguish their identity in your home. They will feel more flexible to be in your home.

 

Being very fast in-home staging:    

Don’t throw the pillows here and there that will be a reason of distraction for your potential buyers. Similarly spraying artificial scents distract visitors and create an unwelcoming environment.

Let the fresh air come in instead and make a pleasant atmosphere.

 

Involving in major renovation:

Home staging doesn’t mean a major renovation for your home. Your concern is to make your home more appealing to your buyers with minimum expenses and you can make it being a little bit cleavers.          

Make minor changes to your home like changing the faucets, painting your home, a fixture of lights or door handles, neutral color can go a long way.

 

Finally, if you really want to sell your home fast don’t hesitate to hire a professional stager who can help you avoid the mistakes you must not do and stage your home efficiently.

To get the professional help you can contact us the most trustworthy you will find: https://www.boydteam.com/

Posted in BoydTeam Blog
March 19, 2020

How to Make Moving with Kids Easier on the Whole Family

 

How to Make Moving with Kids
Easier on the Whole Family

 

A move is one of the most stressful projects most adults undertake. You need to find a new home, sell your current one, pack up all your possessions, get them to another location in one piece, and then settle in to a whole new community. It is so stressful for us, in fact, that we sometimes forget how difficult it can be for our kids. Luckily, a combination of communication and collaboration can make the whole process easier for everyone in the family.

 

Finding the Perfect Home

 

Before the move, you will, of course, have to find the perfect home for your family. As soon as I told my three children that we were going to be moving to a new home, the requests came pouring in. One wanted a treehouse while another thought an indoor slide was an absolute must. These are both fun ideas, but when researching the best neighborhoods in your region, make sure to take into consideration things like nearby schools, grocery shops, parks, hospitals, and other services. You also need to consider the price of your preferred neighborhood since prices can vary significantly.

 

Telling the Kids

 

One of the hardest parts of moving with kids is explaining to them that they are going to be leaving their home and potentially their friends. Younger kids will have a hard time processing this, while older ones are more likely to feel a sense of injustice and rebel. Be patient, understand their frustration, and do your best to get them enthusiastic about the new place. I gave each of my children a piece of paper and asked them to draw their dream room including wall color, layout, and decorations. Then, after we moved, I tried to incorporate as much as possible (within reason of course).

 

Parents.com recommends getting young kids to make a book about their current home. Tell them to take pictures of the house, the neighborhood, and their friends, and then create a scrapbook of their memories. At the end of the book, add a picture of the new house.

 

Decluttering with Kids

 

The moving packing process is a great opportunity for the whole family to take stock of what you own and what you can get rid of. Dedicate a couple of days for everyone to go through their stuff and get rid of anything they don’t want. Let the kids do their own rooms and decide what they want to keep or give away, but let them see that you are also doing this at the same time. According to Time, your kids are more likely to declutter if they see you are doing it as well.

 

The process should be thorough. Take the opportunity to get the kids to sift through their school papers, notebooks, and stationery from past years. Make them try on any old clothes and give them away if they do not fit. Getting the kids to get rid of toys will be the biggest challenge, so set targets and explain to them the importance of donating toys to the less fortunate.

 

Packing with Kids

 

The decluttering and packing stages can go together. Give all the kids a few boxes so that they can start putting away the things they intend to take with them, especially anything they are not likely to need in the near future. Be sure to pack up anything that is breakable before letting them loose. I learned this the hard way when I found my youngest trying to pack away the bedside lamps.

 

Teach them how to assemble the cardboard boxes (medium-sized boxes are available at U-haul for $1.49 each) and the best way to pack them, and then let them do their own. To make it more fun, give them a selection of markers so they can decorate and label the boxes however they wish. For instance, you could tell them to draw the contents of the box on the outside and sign their names. For you, this has the advantage of making the boxes easily identifiable when you are moving them into the new home.

 

The most important thing to remember throughout the move is that your child should feel included in the process. Moving can make a child feel helpless; after all, their whole life is being uprooted and they did not get a say in it. Keep them informed throughout the moving process (for example, show them the houses you are looking to buy), tell them as much as you can about where they are going, and empower them to make their own decisions about things like packing. This keeps them in the loop and makes them feel more in control of the situation.

Posted in BoydTeam Blog
March 4, 2020

The closing of your home sale: how it works.

Home sale closing refers to the final step in executing a real estate transaction. The closing date is actually set during the negotiation phase and is usually several weeks after the offer is formally accepted. This is the date when you transfer the ownership of the property to the buyer. The lender bank that provides a mortgage loan will often require a title search, title insurance, appraisal, land survey, and attorney to be involved. If you are from the Myrtle Beach area and want to sell your Myrtle Beach real estate or North Myrtle Beach real estate, you can contact us without any hesitation because we are the true native of this locality and the real estate pro. Just click here: www.boydteam.com generally, several things happen during the closing period such as:      

Delivering check:

Generally, the buyer or the lender will deliver a check for the balance owed on the purchase price. A cashier’s check or wire transfer is the common practice in The US.             

Signing the deed and record-keeping:

You need to signs the deed over to the buyer and give it to the buyer. A recorder's office, which would record the deed, commonly requires your signature to be notarized. If applicable, a mortgage will also be recorded. In jurisdictions that use the Torrens title system.

Shifting the ownership:

Generally, at this stage, you would deliver the possession of your property to the buyer, typically by giving the keys for buildings or apartments. Unless otherwise specified in the purchase contract, delivery of the possession should be at the closing.

Hiring a title company, notary, and lawyer: 

Now that you have transferred the possession, it’s time to register the new deed with a title company, notary, lawyer or the buyer. You or the buyer will declare and file the statement of the purchase price to the government. Conveyancing taxes and the recorder’s fees will have to be paid, which is the part of the closing cost.

Receiving a check or bank transfer:

After that, you receive a check or bank transfer from the buyer for the proceeds of the sale. And for the funds allotted for the closing, prepayments of real estate taxes and insurance may be required, and fees charged by other parties may be paid such as real estate brokers, title companies, lawyers, etc.        

In some cases, you can close in escrow. In this process, a title company or other trusted party holds the money and the signed deed, and arrange for the transfer primarily, so that you can give up the ownership, and the buyers can handover the payment, without both parties having to be present at the closing at the same time. Escrow ensures an orderly transaction, or if something goes wrong, an orderly termination of the agreement.

The settlement process:

Or, in the other cases, the settlement process takes place on a specified date and time during which you and the buyer meet at a settlement company, and which is presided over or supervised by a lawyer or a settlement agent. At that time the settlement agent disburses all funds listed on the settlement statement and the property conveyance takes place. The deed is then recorded by the settlement company.

 

That is all about your closing process. If you are selling a home at Myrtle Beach real estate, remember that we are the true native here and speak the perfect language of the real estate world. Don’t forget to click this link: www.boydteam.com

Posted in BoydTeam Blog
Feb. 16, 2020

Short sale: the option that attracts you.

 

If you are looking for a cheap house near Myrtle Beach or somewhere near North Myrtle Beach, maybe this is the first time you want to invest in properties, as you are looking for the cheaper home and you want to benefit from a short sale or foreclosure, you must know how the term actually works and how it goes. This short article will help you determine how to short sale and foreclosure could be a better option for your first-time investment and how it works.

 

 

Introduction to a short sale:   

A short sale typically takes place when a borrower fails to pay back his or her mortgage from the lender and the situation pops up showing a solution to that problem. You as a buyer can take advantage out of a short sale in a positive way. A short sale is an alternative to foreclosure when a homeowner needs to sell the home and can no longer bear the mortgage payments.

The struggling homeowner can work with their lender to sell the property and thus get rid of mortgage debt instead of facing more damage of a foreclosure. You, as a first-time buyer, can buy the property at a cheaper price hoping to flip or rent the property in better value. In the short-selling process, the borrower has to wait for the decision of the lender to proceed further. 

 

How you get benefitted:

The complexity of short sales makes the sale less competitive and priced under the market. So short sales appear more attractive to first-time buyers or investors. If you want to check out our amazing option out there, just click the link below:

www.boydteam.com/property/1915720/

 

Foreclosure:

Short sale and foreclosure are not the same terms. Foreclosure refers to the term when a homeowner fails to pay back the mortgage for a certain period, and the lender warns him or her, but still, fails to pay, then the lender sends a notice that the homeowner is at risk of foreclosure and could be evicted. The borrower can try to settle their mortgage either through a short sale or pay the money owed.     

If that doesn’t work the lender will schedule a foreclosure auction. And the procedure goes accordingly.

 

Your benefit from foreclosure:

Since the seller is motivated to the property’s fast sales that tend to create less market price.     Seller is more likely to do the repair; you can use regular mortgage financing. You can obtain desired inspections within standard due diligence. Sellers must legally a complete history of property’s present condition.

Now if you think you are interested to buy a foreclosure option for your first investment, just click through this link below:

https://www.boydteam.com/property/1916922/

Finally, whatever the option is, you must need professional help to smoothly go through the process and make the right the decision to avoid a big costly surprise our expert team is waiting for you.

Surely, we will be able to find your cheaper home in your affordability.

Call/Text:  843-222-8566 

 Email:   eddie@boydteam.com

 

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