The Myrtle Beach real estate market has seen tremendous gains during this current real estate rebound. The hottest price points for Myrtle Beach real estate buyers and sellers range from $250,000 to $300,000. Many of these properties have been getting multiple bids, and most other properties selling at 90 – 95% of listing price.
Marble Tubs,Added Storage Space, and outdoor kitchens are a few trends that seem to be adding interest to homes for sale in Myrtle Beach.
In addition, keeping curb appeal in mind captures that first impression. A professionally landscaped property helps to get potential buyers in the door. Also, performing some light updates to the kitchen can help increase the chance of an offer. Some like the addition of a wood deck for added outside entertainment and relaxation.
Century 21 Coastal Lifestyles has been in the Myrtle Beach Real Estate business for over 40 years helping buyers and sellers achieve their real estate goals.
Myrtle Beach real estate sales have seen great increases in sales and listing activity. Many Myrtle Beach homes for sale have had upgrades to help sell the house. Most people agree that kitchen and bathroom upgrades rank as the top top areas for remodeling.
However, they do not always produce the highest return on investment.
Surprisingly, simply replacing your front door with a metal door adds value and curb appeal to your purchase. New front doors have been producing a very high rate of return over the past 15 years.
Also, when remodeling your kitchen – less may be best. Buyers may not like your style and decide that they will need to remodel it to their liking – same for bathrooms. Keep the upgrades simple – replace cabinet handles and appliances. Consider painting the cabinets and replacing the counter tops.
Your exterior siding is another area that reaps good returns. Again adding curb appeal as the Myrtle Beach weather can cause fading, water stains, and rotting. Painting or replacing with tiles has seen the best return on your investment. – vinyl siding, fiber-cement siding, and foam-backed final have been the most popular choices.
Adding a wood deck you to your home ranks high among return on home renovation dollars spent. One big reason is that decks and patios are a good way to expand living space at a low cost of $8 to $30 per sq. ft. A new deck adds livable outside area for home owners to enjoy the beautiful Myrtle Beach weather.
Building out your attic into a guest bedroom is another high return home improvement project that creates value to your home and receives a good return on your money. So go ahead and clean out those boxes, pawn the Singer sewing machine, and put the Kodak moments into an album. Make room for a room.
Myrtle Beach Real Estate sales professional at Century 21 Coastal Lifestyles offer home improvement consulting and advice to help you get the most value when selling your home. Whether you are considering major improvements or cost effective solutions, contact a Myrtle Bech real estate professional at Century 21 Coastal Lifestyle to help you achieve your real estate sales goals.
Myrtle Beach Real Estate Short Sale Listings | Lender Approved
What is a Real Estate Short Sale?
Selling a home for less than the amount the current owner owes the mortgage company is called a short sale.
Buying a home that is a short sale is different from buying a property that is actually owned by the bank, known as an REO, or real-estate owned property, or a property that is in foreclosure.
A short sale can be a good deal for a buyer, and it can help the seller avoid having a full foreclosure on his or her credit record. Although a short sale and a foreclosure negatively affect a seller’s credit score, in a short sale the damage can be minimized if the homeowner can persuade the lender to report the debt to credit bureaus as paid in full.
In a short sale, the proceeds from the transaction are less than the amount the seller needs to pay the mortgage debt and the costs of selling. For this deal to close, everyone who is owed money must agree to take less or possibly no money at all. That makes short sales complex transactions that move slowly and often fall through.
Due to the complications in the short sale process, we recommend working with an experienced real estate team. Century 21 Coastal Lifestyles offers experienced Myrtle Beach Area real estate agents to help you through the process.
These Myrtle Beach Area Real Estate MLS listings are lender approved.