Living in a condo usually means you’re working with smaller square footage than a standalone house. Because of this, figuring out how to best use the available space can present challenges to new condo owners. One of the most overlooked parts of a condo is the balcony. It might be short on square footage, but the balcony is probably one of the most critical points of interest for any condo … [Read more...]
What is a Condo Association?
Chances are, when you buy a condo, you will become a member of your Condo (condominium) association. In a nutshell, that’s what a homeowner's association is; the group of people who own condos in a particular building or development. However, the homeowner's association (HOA) is more than just a loose group of homeowners; it keeps things running smoothly and protects all the owners’ … [Read more...]
New Construction or Existing Home?
Which is Better: New Construction or Existing Home in Myrtle Beach? With homes sales once again on the rise and builders back in the swing of building new homes not to mention developing new neighborhoods, potential buyers are once again asking the question: Which is better: new or existing construction? Here are advantages and disadvantages to take into consideration when trying to … [Read more...]
Everything You Need to Know About Purchasing a Foreclosure
If you’ve started the home buying process you’ve probably heard a lot about foreclosures. In the last several years they have consistently been in the news. Recently from about 2007 and peaking in 2010 or 2011, foreclosures were a huge a concern to the housing market as a whole. Currently, foreclosures have begun to somewhat level off. But they can still be found, and if you are thinking about … [Read more...]
10 Reasons You Need an Agent When Buying a Short Sale
10 Reasons You Need an Agent When Buying a Short Sa le A short sale allows you to purchase a property at l ess than what is owed on the current mortgage. With today's high number of foreclosures to prevalent, e ven in the Myrtle Beach condo market, banks are looking for individuals to buy quickly. Buying a sh ort sale helps the banker get out of bad transactio n and helps the property … [Read more...]
5 Questions to Ask When Submitting a Short Sale Offer
5 Questions to Ask When Submitting a Short Sale Off er In the Myrtle Beach short sale market, there are of ten questions. People simply want to know, is this going to work for their best interests. If you are working with a real estate agent in Myrtle Beach fo r short sales, your agent will provide you with guida nce and direction specific to your unique circumstances. However, many … [Read more...]
Living the Dream Life: Ken & Kim Sobieski
The Value of the Dream Life for Ken and Kim Sobieski Ken and Kim Sobieski are both accounting/financial professionals. Is it any wonder that they searched for the best value for their time, their investment, and their family legacy? From their first vacation on Myrtle Beach in September of 1999 when they were on their “babymoon” (the vacation shortly before the arrival of their first child … [Read more...]
How to Choose a Retirement Destination
The golden years. They are something that everyone looks forward to throughout their working life. Retirement is about doing what you enjoy and spending time with the people you love. Often, retirement means moving to a more desirable location. But how does one choose the ideal retirement destination? For most people, the starting point is to ask this question: “If I could live anywhere I want, … [Read more...]
5 Facts About Short Sales
Buying a home through a process called a ‘short sale’, has become more common in recent years. Buyers can score a great deal with a short sale, and it’s a good way for a homeowner to sell a property instead of turning to foreclosure as the only viable option. However, short sales can be complicated and are not always as easy to navigate as a traditional property transaction. If you are … [Read more...]
Fannie and Freddie Lower Down Payment Requirements
Fannie Mae and Freddie Mac may be close to allowing home buyers to purchase a home with only a 3 percent down payment. Additional details are expected to be released in the coming weeks, but experts believe that reducing the required 5 percent down payment to 3 percent would allow creditworthy but cash-strapped buyers to purchase homes; something that would help the housing market regain some … [Read more...]
