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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.

Eddie & Julie Boyd - The Boyd Team - Realtors

Myrtle Beach Real Estate - INNOVATE Real Estate

           

Jan. 4, 2019

Dealing with Scratched Hardwood Floors

Dealing with Scratched Hardwood Floors

Hardwood floors are highly desirable for most homeowners, but they come with their share of challenges when it comes to cleaning, maintenance, and repairs. After a few months or years of heavy use from kids playing with toys and chairs being shuffled around, it may be time for some DIY fixes.

Hiding scratches: If you’ve got a good eye for matching colors, you can actually use crayons or markers or purchase wax sticks from the hardware store to fill-in scratches. Try to match the stain color on your floors, but don’t worry if it’s a little off. If the color is close, once the scratch is filled, it’ll look like a variation in the wood grain.

Polishing floors: You can make a polish solution for your floors from household ingredients. Mix olive oil and vinegar in equal parts, pour it directly into scratches, and then wipe it off after 24 hours. It may take several applications, but this homemade polish will fill and cover most scratches.

Clever decor: It’s not a long-term solution, but sometimes the most painless way to fix scratches in your floors is to cover them with a rug or furniture arrangement.

Spot sanding: For deeper scratches, you’ll need to spot sand with fine steel wool or sandpaper, use wood filler, and stain and seal the repaired area.



Posted in BoydTeam Blog
Jan. 4, 2019

IDEAS FOR ACCENT WALLS

 

 

Ideas for Your Accent Walls

An accent wall can totally transform a room, taking it from boring and drab to bold and exciting. Accent walls create a new focal point for your space, add liveliness and contrast, and are typically a very inexpensive DIY project.

The starter accent wall

You can easily add an accent wall to your room in one afternoon by applying a new paint color. Deep blues and bright oranges are common choices for accent walls, but choose a color that will complement your existing decor and overall design aesthetic.

Interesting textures

Bright, contrasting paint is a good starting point, but there are other options for accent walls that are even more eye-catching and distinct. Floor-to-ceiling wood planks can make your home seem both rustic and modern all at once and provide a natural, outdoors-inspired feel. It’s more work than simply painting a wall, but it’s still relatively inexpensive. You can source the wood from pallets on Craigslist and stain it yourself before attaching it to your wall. It takes a little extra elbow grease, but it’s worth the effort.


 

Patterns, murals, and more

Paint and wood are bold enough on their own to transform a room, but they’re still pretty subtle compared to other accent wall options. A chalk paint accent wall is a creative idea for any room and makes for some fun moments when you’re entertaining. There are also endless options for wallpaper and stenciling if you want some patterns or you can get really bold with a mural or oversized art print.



Posted in BoydTeam Blog
Jan. 2, 2019

Better Days Coming in Housing for 2019

Better Days Coming in Housing for 2019

January 2, 2019

Pending home sales slipped in November, but a reversal is in sight, according to the National Association of REALTORS®’ latest housing report.

 

Looking up from the bottom of a ladder

Erean - Morguefile

 

 

 

 

 

 

 

 

 

NAR’s Pending Home Sales Index—a forward-looking indicator based on contract signings—decreased 0.7 percent to a reading of 101.4 in November. Contract signings are down 7.7 percent year over year.

However, “the latest decline in contract signings implies more short-term pullback in the housing sector and does not yet capture the impact of recent favorable conditions of mortgage rates,” says Lawrence Yun, NAR’s chief economist. Freddie Mac reported another drop in mortgage rates last week. The 30-year fixed-rate mortgage averaged 4.55 percent, with an average 0.5 points.

Yun says that pending contracts have reached their lowest mark since 2014, but he still predicts solid growth over the long term in the housing market.

Rising Inventories

More inventory is coming to the market as more homeowners put their home up for sale. The markets seeing the largest year-over-year increases in inventories are: Denver-Aurora-Lakewood, Colo.; Seattle-Tacoma-Bellevue, Wash.; San Francisco-Oakland-Hayward, Calif.; San Diego-Carlsbad, Calif.; and Providence-Warwick, R.I.

The Outlook

Overall, the housing industry looks to close out the year with 5.3 million home sales, which is similar to the year 2000. “But given the 17 million more jobs now compared to the turn of the century, the home sales are clearly underperforming today,” Yun says. “That also means there is steady longer-term growth potential.”

 

 

Posted in BoydTeam Blog
Dec. 31, 2018

What’s More Important: The Size of a Home or Its Location?

What’s More Important:

The Size of a Home or Its Location?

house in the suburbs

When it comes to purchasing a home, what’s more important: the size or the location? While both are crucial factors, the one that’s most important to you will depend on your specific needs. Realtors will be the first to tell you that it’s all about the “location, location, location.” However, empty nesters looking to downsize and growing families looking to upsize may need to sacrifice the “perfect” location for more square footage in order to get everything they need. If you’re struggling with the size vs. location of a home, take a look at our guide to solving this age-old dilemma below.

The size of a home is more important if…

  1. You plan to start or grow a family

    Planning to start or expand your family? It may be better to direct your housing search towards finding a larger home. In many cities, this may mean moving out to the ‘burbs where families can often get more bang for their buck. While the location might not be ideal in terms of work commute and access to city amenities, it may be the best place for young couples looking to start a family.

  2. You already have a large family

    Need more bedrooms and living space for an already large family? If you’re ready to graduate from your starter home into something more spacious (and practical!), then strongly consider sacrificing location for size. In addition, a larger home may mean more outdoor yard space for your pets and kids to enjoy.

  3. You need more space for house guests

    Does your home already have a merry-go-round of visitors and guests? Then you may need to consider moving to a larger place. Whether its in-laws popping by, friends visiting or family crashing on your couch, having a larger home with more bedrooms and/or a guest home will significantly improve your quality of life.

  4. You’re downsizing

    Sometimes you just need a smaller home. Whether its for retirement or for the sake of simplicity, there are many reasons why moving to a smaller home makes sense. If you’re moving away from a familiar neighborhood filled with friends to an area with smaller homes or apartments, it may seem like a bit of a sacrifice. However, you’ll likely save on utilities (and housekeeping bills!) when moving to a smaller home.

  5. You travel a lot for work and don’t need a large home

    Traveling a lot? You may need to focus your house search on smaller homes (think: a small pied-a-terre or landing pad for when you’re in town). If you find that you aren’t using half the bedrooms or space available in your existing home, then purchasing or renting a smaller abode makes sense. In addition, given that you’re rarely home, the location of your house likely won’t matter as much. 

The location of a home is more important if…

  1. You plan to rent out your house

    Whether you’re planning to rent out your house to tenants or to short-term Airbnb visitors, the geographic location of your income property is extremely important. Not only does it affect your rental’s supply and demand and overall desirability (think: tourists want to stay in an ideal location and renters want to live in a great spot), but it also determines how profitable the rental will be.

  2. You have school-age children

    Moving with school-age children? Then you’ll need to consider how good the schools are in the area. If highly rated public or private schools are high on your list of priorities, make sure to let your Realtor know before beginning the house hunting process. You can also check com for GreatSchools ratings of nearby schools.

  3. You plan to eventually sell your home

    Unless you’re planning to make this your forever home, you’ll need to consider the resale value of the property when house hunting. When it comes to resale value, the location is one of the most important (if not the most important) factors in determining a home’s long-term appreciation potential. So if you’re hoping to sell your home in a few years, then location should be a strong consideration.

  4. You want a more ideal work commute

    Work in a busy city? You may want to opt for a better location closer to work over a large home out in the ‘burbs. While a city apartment will likely be smaller and more expensive than a home in the suburbs, a short work commute could make it worth the sacrifice. Study after study has shown that those with a shorter commute enjoy more free time and less stress.

  5. You need access to certain amenities

    Whether it’s public transportation or coffee shops, everyday amenities are an important consideration when moving to a new home. From grocery stores and restaurants to shopping and parks, those in need of certain amenities should place a heavy emphasis on the location of their home instead of on the size.

What else to consider when purchasing a home

  • The housing market – Is it a good time to buy? Make sure to do your homework on the area’s housing market before taking the plunge.
  • The neighborhood and neighbors – The last thing you want are disruptive, inconsiderate neighbors. So spend time in the neighborhood before deciding on a location.
  • The age and condition of the house – Age and condition are important factors to consider prior to buying a home. If you decide to buy an older home be prepared for the typical quirks (some might even say “charms”) that come with vintage houses.
  • The price (and your budget!) – Obviously, your budget is one of the most important factors to consider before house hunting. Make sure to look at neighborhoods with homes for sale in your price range. Whatever you do, don’t waste your time and energy looking at homes outside your budget.
  • The crime rates in the area– Be sure to check out the crime rates in an area before buying a property. Not only can crime rates affect your home’s resale value, but they can also affect your overall safety.
  • The insurance rates – Looking at a home close to the beach? Be sure to check property insurance rates prior to purchasing a house. The home’s construction materials may also affect your insurance rates.

Ready to move?

So after considering the sizes and locations of various homes, you’ve finally decided on a place to call your own. Congrats! Now it’s time to start planning that move. Fortunately, Moving.com’s extensive network of reputable and reliable movers makes it easy to book the best moving company for the job. All relocation companies in our network are licensed and insured, so you can rest assured that your move will be in good hands. Best of luck and happy moving!

Source:  Real Estate | Marian White

Posted in BoydTeam Blog
Dec. 28, 2018

6 Buying, Selling Myths Your Clients Believe

6 Buying, Selling Myths Your Clients Believe

December 26, 2018

Home buyers and sellers may have false assumptions about the real estate transaction process, believing in myths that could rob them of a purchase opportunity or keep them from selling for more money. Leaders of the Orlando Regional REALTOR® Association culled the top myths consumers fall for.

 

House roofs and Question Marks

© cogal - E+/Getty Images

 

1. The longer a home has been on the market, the more negotiable the deal is. There are many reasons a property may be on the market for a long time that have nothing to do with price or condition. Buyers shouldn’t automatically assume time on market indicates the sellers are more willing to haggle over the price.

2. An open house must be part of the marketing plan for a home. Open houses actually aren’t terribly effective when looking for potential buyers. In reality, only 7 percent of buyers find the home they buy through an open house, according to a 2017 survey by the National Association of REALTORS®.

3. A 30-year fixed-rate mortgage is the best form of financing. Every buyer’s situation is different, and not everyone will benefit from a 30-year fixed-rate mortgage. “If you don’t plan on staying in your home for 30 years, you need to evaluate other options, like a 7-year fixed-rate,” ORRA says.

4. Overpricing your house leaves room for negotiation. While negotiations are a part of most real estate transactions, if you price your home too high, you run the risk of not getting buyers to the table at all.

5. Online evaluations can give you an idea of home value. Automated valuation models don’t take every factor into consideration when determining the value of a property. Environmental hazards, recent nearby sales, and renovations, for example, aren’t calculated into AVMs, but they can certainly affect the home’s price. “The best way to check your house’s value is to ask a real estate professional,” ORRA notes.

6. You have to put 20 percent down on a home purchase. While buyers can save money on financing costs by bringing a higher amount to the table, it’s not necessary to buy a home. Conforming loans will enable your clients to buy a home with as little as 3 percent down. There are other resources for buyers struggling with down payments.

 

Source: 
Orlando Regional REALTOR® Association
Posted in BoydTeam Blog
Dec. 28, 2018

Couple Loses $130K Down Payment in Wire Scam

Couple Loses $130K Down Payment in Wire Scam

December 27, 2018

A Kansas City, Mo., couple lost their entire $130,000 down payment on a home purchase from a money wire scam that has been increasingly targeting real estate transactions.

Ross and Melinda Fulton were purchasing a home to live closer to their daughters and new granddaughter in the Kansas City area. Ross, a retired pastor of 46 years, and Melinda found the perfect home in Independence, Mo., and were planning to pay for it with cash.

They received an email from someone they thought was their real estate agent. The message was sent from an iPhone and was signed with their agent’s name. As reported by KSHB-41 Kansas City, the email read:

Hello Ross and Melinda, In preparation for your closing on the 30th of November. The closing balance will be required to be wired 26th of November. I would like to know if you will be able to perform the wire on the 26th, so I can inform (actual title company's name).

Melinda replied that they’d be bringing their checkbook. She then received this message back, again signed by her real estate agent:

Hello Melinda, Due to the increasing incidence of fraud with certified bank checks, we will require all funds needed for closing to be tendered in the form of a wire transfer. We no longer accept certified checks as good funds.

The Fultons wired the money. The money is now gone with little chance of getting it back.

“It looks as though someone had been monitoring our emails with our REALTOR®, and at the important time entered in and gave us instructions for wiring money to a bank account representing the title agency and we followed those instructions with our bank and sent the money away,” Melinda told KSHB-41. The scammer knew the address of the home they were buying, their REALTOR®’s name, email address, title company’s name, and closing date.

Warn your clients that this could happen to them, too, and make sure they take the proper precautions. Paul Hentzen, the couple’s attorney, offers the following tips:

  1. Verify wire fraud directions through a phone call.
  2. Watch email addresses closely. The Fulton’s case did show a slight difference in the email address of their agent. KSHB-41 included an example, with the names changed, of how the scammer's email address was different: johnsmith@comcast.com (real) vs. johnsmith.comcast@mail.fr (fake)
  3. Watch for any syntax errors such as words missing, or differences in how the person has talked or communicated to you previously. Hentzen provides the following example of syntax errors: “The closing balance will be required to be wired 26th of November. I would like to know if you will be able to perform the wire on the 26th, so I can inform”

Protect your transactions by reading more guidance from the National Association of REALTORS®: Protecting Your Business and Your Clients From Cyberfraud

 

Source: 
“Couple Out $130K in Real Estate Money Wire Scam,” KSHB-41 Kansas City (Dec. 18, 2018)  
Posted in BoydTeam Blog
Dec. 22, 2018

15 Indisputable Reasons Why It’s Not Always Easy Being From South Carolina

15 Indisputable Reasons Why It’s Not Always Easy Being From South Carolina

South Carolina is the greatest place in the country to live and raise a family. The Palmetto State has amazing natural resources, safe and friendly communities in which to live, and people that are kind to one another. But, there are some drawbacks to living here; things that actually make it not always easy to be from paradise, a.k.a. South Carolina. Take a look:

#southcarolina #myrtlebeach #southernliving #movesouth #blessyourheart #beachlife #friendly #family #lovethesouth 

Posted in BoydTeam Blog
Dec. 19, 2018

The One Place In South Carolina That’s Straight Out Of A Fairy Tale

The One Place In South Carolina That’s Straight Out Of A Fairy Tale

There’s a place along the Grand Strand in South Carolina where dreams really can come true. Whether you want to swim with them, become one, or just have a fantasy portrait with a mermaid you can with this dreamy group of professional mermaids!

Wow! What an adventure you’ll always remember! More information can be found on the Myrtle Beach Mermaids’ official website and their Facebook page.

Mermaids are everywhere these days. Keep the mermaid fantasy going with a trip to this one-of-a-kind restaurant in Myrtle Beach!

Posted in BoydTeam Blog
Dec. 18, 2018

A Careful, Thoughtful Process: Downsizing Advice for Seniors

A Careful, Thoughtful Process: Downsizing Advice for Seniors

Moving to a new home is always an anxious and stressful experience, no matter how many times you’ve done it. It means leaving memories behind and starting a new life in a new location. For an older adult, it can be downright traumatic. Making such a profound change late in life, even a beneficial change, is no small matter.

Downsizing, however it occurs, is an inevitable change for seniors when they’ve reached a point where living in a home that’s too large for them is no longer possible. Maintenance and cleaning become to much to handle and downsizing becomes a necessity.

But moving to a smaller living space requires the elimination of many objects, some of which you may be strongly attached to. Deciding what goes and what stays takes some time and shouldn’t be done lightly. It’s a trying experience, and it’s important to be physically and emotionally prepared. 

Don’t waste time

As soon as you know you’ll be moving, begin sorting your belongings, preferably with a close friend or family member who can provide emotional and physical support. Waiting too long can put you in a difficult situation where you’re more likely to make a hasty decision because time is short. At the very least, you’ll want two full weeks in which to go through everything. Senior move experts advise that each item under consideration should be handled and considered before you decide whether to keep or get rid of it. Go room by room rather than attacking the whole house at once, and begin with a small room so you don’t feel overwhelmed right from the start.

Keep your new space in mind

Downsizing means less square footage and probably less storage space than you’re used to. It also means there are fewer rooms to fill now, which means getting rid of a substantial number of belongings. You no longer need three or four guest bedrooms, so you can count on getting rid of items from those rooms right off the top. As you create a “get-rid-of” pile, consider how you’ll dispose of it all. Simply laying it all out for the trash collectors to haul away isn’t an environmentally responsible act.

Decide which objects can be given to other family members, what could be sold through consignment, and what can be donated to charitable organizations. If you’re getting rid of large furniture, mattresses or clothing, remember that the material of which they’re made can be recovered at special recycling centers. 

The right home for you

In addition to downsizing, this is an opportunity to do something you’ve always wanted to, like live in a wooded area, near a lake or the ocean, or closer to loved ones. Of course, your first considerations should be your needs and whether it makes sense to purchase a new house, an apartment, or move into an assisted living facility.

If you’re relocating to a new, smaller house, it should be one that offers ease of movement and accessibility if you have restricted mobility and, above all, it should be a safe living environment. You also want to get the best price possible. Take a look at the home values and prices in the area where you’re moving to to make sure you’re getting the right house at the right price (average home prices in Myrtle Beach were purchased at an average of $182,000 over the past 30 days). 

Moving

Finding the right moving company, one you can be sure will safeguard your belongings, requires some online research. If necessary, seek the help of a relative who can assist you in your search and in finding a company that has experience working with seniors. Bear in mind that senior move managers are widely available experts who understand the special needs of older adults and the particular challenges they face. A senior move manager can tackle a lot of the planning legwork so you can focus on more important tasks.

It’s natural to want to get a difficult situation like downsizing and moving over with as soon as possible. And while you should begin downsizing as soon as you know you’re moving, you need the time to do it properly so you don’t make hasty decisions you’ll regret later. Approach it as a process requiring thought and energy and all will be well.

Courtesy of Pixabay.com. 

Posted in BoydTeam Blog
Dec. 11, 2018

Increase Your Family Wealth With Housing

How to Simply Increase Your Family Wealth by Paying for Housing

Everyone should realize that unless you are living somewhere rent-free, you are paying a mortgage – either yours or your landlord’s. Buying your own home provides you with a form of ‘forced savings’ that allows you to use your monthly housing costs to increase your family’s wealth.

Every month that you pay your mortgage, you are paying off a portion of the debt that you took on to purchase your home. Therefore, you own a little bit more of your home every month in the form of home equity. As your home’s value increases you also gain home equity.

Every quarter, Pulsenomics surveys a nationwide panel of over 100 economists, real estate experts, and investment and market strategists and asks them to project how residential home prices will appreciate over the next five years for their Home Price Expectation Survey (HPES).

The latest data from their Q4 2018 Survey revealed that home prices are expected to round out the year 5.8% higher than they were in January. For the next 5 years, home values will appreciate by an average of nearly 3% a year.

This is still great news for homeowners!

For example, let’s assume a young couple purchases and closes on a $250,000 home in January. Simply through their home appreciating in value, those homeowners can build their home equity by nearly $40,000 over the next five years.

How to Simply Increase Your Family Wealth by Paying for Housing | MyKCM

Let’s look at the potential equity gained over the same period of time at some higher price points:

How to Simply Increase Your Family Wealth by Paying for Housing | MyKCM

In many cases, home equity is a large portion of a family’s overall net worth.

Bottom Line

If your plan for 2019 includes entering the housing market to purchase a home, whether it’s your first or your fifth, let’s get together to make your plan a reality!

Posted in BoydTeam Blog