The HOA will have to have hurricane (also known in SC as wind & hail), traditional hazard (fire usually), and flood insurances. This document expresses the opinion of Gene Carter, CDPE. 107 Toby Ct. 29577, Myrtle Beach, Horry County, SC. Financing/Investment. . 455. Bridge Dale • 2 years ago. Don’t miss out on this rare opportunity to live in the well sought after Birch N Coppice community! This 3-bedroom 2-full bathroom end. STR rule updates are here –> Bill 41 (CO 22-7) – Oahu’s New Short-Term Rental Rules 2022. I know most of them are those condoels which apparently is an old term, but looking for insight. Owner Financing Available - Myrtle Beach, SC Home for Sale. Most of the Myrtle Beach oceanfront high rises are condotels. U. (843) 444-LOAN (5626) wp@444loan. 201 S Ocean Blvd #905, Myrtle Beach, SC 29577. The simple answer is Yes! Especially now that prices are right in Myrtle Beach. #7 of 8 condos in Garden City Beach. 7100 N Ocean Blvd #1126, Myrtle Beach, SC 29572. Your email address will not be published. The house always wins. 219 Camber Rd, Huger, SC 29450. Myrtle Beach, SC. Enjoy laundry facilities, a patio, and a TV. MLS# 2305975 / Sold. 991 38th ave n, myrtle beach, sc, 29577. SEARCH OUR SITE. Seaside Realty Company Broker In Charge, E-Pro Certified. S - Koa Campground in Myrtle Beach - 2 bd 2 ba 0 ½ ba. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. 4785 -Posted 3 years ago. 2207 S Ocean Blvd #809, Myrtle Beach, SC 29577. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. This two bed, two bath second floor end unit features an open floor plan and is being sold fully furnished. APPLY NOW. Panama City Condo Mortgage Rates; Panama City Beach Condotel Mortgage Rates; Panama City Beach Condo Mortgage Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (850) 495-30355300 N Ocean Blvd. Leave a Comment. This one-time fee typically varies anywhere from $250-$500 per unit and it covers the cost of setting up your account with a property management company. - Condo for sale. Myrtle Beach, SC 29579; Office: 800. We also offer our Condo/Condotel Lender List and Closed Sales Histories. Sellers are permitted to pay up to 6% of closing costs. Myrtle Beach - Click Below For Columbia; Columbia, SC - Click Below for Myrtle Beach; 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN. (866) 803-2853. I am a realtor who owns bluewater properties and i specialize in myrtle beach ocean front condos. 4785 -The average rent price in Myrtle Beach, SC, is $1,315. Teressa Carter: Cell 843-455-4787. I am looking at Myrtle Beach for my first property. . 100 North Beach Blvd #606, North Myrtle Beach, SC 29582. Ripley's Aquarium of Myrtle Beach. A list of local lenders and contacts who can provide traditional financing for condos and condotels in Myrtle Beach, SC. Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (407) 955-4575. 3763 Sweetgum St Unit 3763, Myrtle Beach, SC Details ». 3 baths. Breath taking views from unit 708, a direct oceanfront 2 bedroom 2 bath lockout condo in the highly desirable Bay View Resort. Financing for Condos. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. 4785 -. We also offer. Financing/Investment. 303% for a 15-year fixed, and 7. Individual owners have units, but they have. Anderson Ocean Club. Amenities Photos Map View Reviews FAQs. LOAN. Our services encompass condotel loans and loans for non-warrantable condo projects. If you would like more information on condos or condotels in the Myrtle Beach, SC area, reach out to me. Currently, the condotel purchase market in South Beach, Panama. Minimum down payment of 15%. Best Western Ocean Sands Beach Resort - Traveler rating: 4/5. Despite these challenges, condotel financing can be a lucrative investment if managed correctly. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. . It was completed in 2000. com. Island Vista Oceanfront Resort - Traveler rating: 4. North Myrtle consists of four beaches -- Windy Hill, Crescent Beach, Ocean Drive. View Tripadvisor's 53,350 unbiased reviews and great deals on house rentals in North Myrtle Beach, SCCoral Beach is a condominium community located in Myrtle Beach that offers a wide range of amenities to fit any lifestyle. 1905567 MLS. 37 ACRES. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment. Those. We allow a combined loan-to-value ratio (CLTV) of up to 85%. 3910 Highway 17 South. Many national, big named banks will not finance a condotel. net. 444. 596 sq ft. UNIT #406 North Myrtle Beach in Beach Cove - View all 40 photos. Unit 50905, Myrtle Beach — Sea Mist $47,000. 9700 Kings Rd. Condo For Sale $239,900. Condotel Mortgage / Condo-Tel Financing / Condops. . Many units are operated with hotel-like amenities including a front desk, activities-concierge services, and regular housekeeping service. 186 Fresh Drive. Unit 1003, Myrtle Beach — Dunes Village Resort $318,000. Indoor Pools. * Previously under contract and buyer could not qualify so BACK ON THE MARKET. Credit Scores down. Fix and Flip Loans. Archives Personal Finance. Creative Real Estate Financing; Private Lending & Conventional Mortgage Advice; Real Estate Crowdfunding; Commercial and Multi-Family. Loan Products. 18, 2009. It offers in size, 1 beds and 1 baths. 2013 New Condotel Financing According to Zillow, the median home value in Myrtle Beach is $167,958 and home values have gone up 2. Breakers Resort - Myrtle Beach Condos for Sale. The project. info@afbcarolinas. Condotel Financing Guidelines. 5 million. Seller willing to owner finance! Introducing this ocean view efficiency condo in the most fun place to stay in Myrtle Beach. Myrtle Beach, SC 29572Apache CampgroundResidential. 3 baths. 00. The units are individually owned. 455. 00. It sounds like Vegas. is. 2151 Bridgeview Ct. Beach Cove Resort offers two and three bedroom oceanfront condos. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). Owners use short-term rentals to generate income, listing them on platforms. 2. 3rd Bedroom: 1 king bed, hallway bath. Categories > Condo Hotels for Sale in Waikiki. Here are the highlights of our Condotel program: Borrowers must have a minimum credit score of 680. Our local team of experienced financial advisors will work with you to develop a customized financial plan tailored to help you. 955 Condos For Sale in Myrtle Beach, SC. Owner financing available beycome. Categories > Condo Hotels for Sale in Waikiki. 5 million dollar two bedroom, two bathroom oceanfront condotel unit in Hawaii. Find the best offers for your search owner financing myrtle beach. 4785 -. especially in a popular tourist destinations like Myrtle Beach. Beautiful, two bedroom two bathroom, direct oceanfront condo near the end of the building on the south side of The Jasmine tower in North Beach Resort. 386 sqft. New Changes To Condo Lending as of Dec 7th, 2020. . Apply Now and Get a Quote Today! Get more details. Destin, Miramar Beach, 30A and Panama City Beach Fl Condo Financing Questions. After all annual fees are paid ie. Bedroom in Myrtle Beach SC. . PRIME DIRECT OCEANFRONT 1 bedroom 1 bathroom furnished unit for sale in Dunes Village Resort. 5905 S Kings Hwy Unit A418, Myrtle Beach, SC 29575 is for sale. 10 days on Zillow. Written by Jerry Pinkas on June 8, 2018. (843) 213-1720 (843) 213-17274066-A Taranto Loop UNIT 5101-A Myrtle Beach in Bella Vita Garden Homes - View all 39 photos. A grassroots organization made up of legacy property owners in Atlantic Beach are suing town leaders and a developer with plans to build a $100 million high rise hotel along prized beachfront land. These could have serious impacts on getting loans in South Carolina, especially in coastal beach towns like Myrtle Beach where highrise oceanfront condos are so integral to their economy. 455. 1 Bed. - Homes for sale presented by the Beach Pro Team: 843. . - Condo for sale. Department of Housing and Urban Development | 451 7th Street S. Blissful Mortgage is your Condo Mortgage loan experts with 17 years of experience. Posted Mar 20 2023, 12:00. No appointments necessary. Read More. Does Condotels at SurfMaster have an airport shuttle?According to a study that evaluated condo-hotels in the Florida state and projected returns over a five-year period from 2006 to 2011 the return rate is usually 1%. After extensive searching, you have found a great gulf front condominium with a strong onsite rental program, and restaurant, indoor and outdoor pools and lots of other great amenities. Investing in a condotel (a condominium that operates as a hotel) can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach,. CONDO FINANCING. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. This efficiency ocean view unit has a spectacular view down The Myrtle Beach coastline with a North Sunrise view. Myrtle Beach, SC 29579. 1909 Hwy 17 S North Myrtle Beach in Causey's Mobile Home Park - View all 20 photos. 3bd. A perfect beach retreat, Heron Pond is a condo complex on the north end of Myrtle Beach and a short walk to the ocean. The spacious oceanfront and ocean view 2 and 3 BR floor plans feature granite. 2 mi (16-min drive) away from the Myrtle Beach Intl. Get started with a free quote today. OWNER FINANCING AVAILABLE!!!!! No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy bed-Full Kitchen!! Coral Beach Resort is Continually voted BEST RESORT ON. Unit 1003, Myrtle Beach — Dunes Village Resort $318,000. 991 38th ave n, myrtle beach, sc, 29577. 129 Cold Stream Cove Loop, Garden City Beach, SC 29576-9146. . Developers Reconsider the ‘Condotel’. 7, 2023. Featured Resorts in Myrtle Beach, SC Bay View Resort. At MortgageDepot, we have access to a program designed especially for our clients who want to own a piece of paradise. facebook;. CONDO FINANCING. Long-Term Fixed or ARM Rates. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific investment goals. A condotel essentially is a condo that can be rented either by the night, the week, the month or multiple months, and is similar to that of a resort as the building has a front desk where people can walk up to book or rent a unit. A list of local lenders and contacts who can provide traditional financing for condos and condotels in Myrtle Beach, SC. 1 bathrooms. Mortgage rates for condos and other types of properties have been volatile in recent years. 1601934 MLS. However, I'd really like to keep it at the 20% mark. $244,900. Myrtle Beach, SC 29579; Office: 800. It’s a 60-mile stretch of pristine sandy beachfront with phenomenal views up and down the coast. Condo For Sale $159,900. - Homes for sale presented by the Beach Pro Team: 843. Many property owners also use their Myrtle Beach condotel for personal use. To view info on hundreds more resorts, go to our. Oceanfront Condo - North Myrtle Beach, SC Home for Sale. Also, STR properties (rental terms of less than 90 days) must be registered with a $1K initial registration fee, and a $500 annual renewal fee. Loans made or arranged pursuant to California Financing Law. Also, STR properties (rental terms of less than 90 days) must be registered with a $1K initial registration fee, and a $500 annual renewal fee. Condotels are condominium projects, which are individually owned and operated as a hotel. com. S Unit 816, Myrtle Beach — Coral Beach $170,000. Unfortunately, your hometown lender is not going to have such a program but the lenders on our list will. Forums > South Carolina > Myrtle Beach - Conway area: Condotel purchase on the beach - Myrtle Beach User Name: Remember Me: Password. 2 Beds. Financing/Investment. For more information, contact Oren at (312) 867-5363 x206 or by email at oorkin@capfundmtg. (843) 444-LOAN (5626) [email protected] Reconsider the ‘Condotel’. 455. * Extra Luxurious 1 - 7 Bedroom Condos & Homes. Come and. 2 bathrooms. Real Estate Brad Emond July 8, 2020 Brad Emond Real Estate at Keller Williams Realty condotels , condotel , condo , condos ,. Personal Banking. Are You or Your Spouse 62 Years of Age or Older? 3. Myrtle Beach, SC 29579; Office: 800. Depart. Explore our range of condotel financing solutions designed to simplify your investment journey Flexible Condo Hotel Loans. . High LTV and Interest-Only Options. com (800) 697-4371. Columbia, SC 29210. 1321 S Ocean Boulevard, North Myrtle Beach, SC 29582. CCNB offers several flexible checking and savings accounts so you can live on your own terms and find an account that suits you best. Myrtle Beach in Crystal Lake - View all 2 photos. (866) 803-2853. Drew CCNB offers special rates and terms for condotels in the Myrtle Beach area. In Myrtle Beach, the lifestyle is relaxed and friendly and full of things to do – making it a wonderful place to vacation or to live. Although. Enjoy an in-room DVD player, a TV, and cable/satellite TV. - Homes for sale presented by the Beach Pro Team: 843. Condos and Homes for Sale in Myrtle Beach. A condotel allows you to be an owner without the stress of maintenance. Trackback. The following are the criteria in which properties would be allowed for condotel financing: The units need to have a full kitchen and a separate bedroom. Call ☎ (800) 697-4371. . Myrtle Beach, SC 29577. 720 sqft. Condotels have hotel-like amenities and services – unlike the conventional condominiums. 1105 S Ocean Blvd. Embrace the true meaning of a Coastal Living lifestyle with these beautiful New Construction Villas, about 1 Mile to the Beach and move in ready! Visit our Fur. Learn what factors lenders consider in underwriting a loan on a condo hotel unit. Trump International Hotel and Tower. A new modern luxury condo hotel is now being offered on the tree-lined shores of serene Lake Austin, with access to a local resort with…. 4785 -When it comes to planning for your financial future, there is no such thing as one-size fits all. Call ☎ (800) 697-4371. Take in a foot-stomping show at the Carolina Opry, or cheer on your favorite knight at Medieval Times. com®. Myrtle Beach, SC has numerous condotel units that are incredible and can be incredibly lucrative for you, but you have to know where to find them and what to look for. 4785 - Home; Search MLS. 30-year fixed. Lauderdale, FL, etc. 2ba. Condo Financing and Condotel Mortgages. 2ba. 1909 Hwy 17 S North Myrtle Beach in Causey's Mobile Home Park - View all 20 photos. Condotel loans are available for up to $1. Regarding how you like to bank, we know one size doesn’t always fit all. Condo Financing and Condotel Mortgages. 1105 S Ocean Blvd. For your protection, do not email your Account Number (s) or Social Security Number. View 28 photos of this 1 bed, 1 bath, 581 sqft. The units are individually owned. Myrtle Beach Boardwalk, SC Home for Sale. UNIT #1101 North Myrtle Beach in North Shore Villa - View all 40 photos. Myrtle Beach and the surrounding areas are a perfect location for a vacation or. Generally speaking, only lenders with in-house programs designed for condotels can finance condotels. Former Atlantic Beach town manager William Booker, who owns the 3310 Highway 17 S. (843) 315-2535. Welcome to Alpha Mortgage, the trusted name in home loans and mortgage solutions. 965 Condos For Sale in Myrtle Beach, SC. can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach, SC, Charleston, SC Ft. $242,900. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment properties, land, FHA and VA loans. There are 630 real estate listings found in North Myrtle Beach, SC. info. UNIT #242 Myrtle Beach in A Place At the Beach IV Shore Drive - View all 24 photos. $97 night. Let’s assume that the cost to purchase a condo is $250,000, in order to break even the hotel would need to charge $250 per night for your condo and rent out at least 60% of the time. Contact CondoLux’s Myrtle Beach Condo Sales Team or call (800) 624-6418, we represent vacation property all over the Grand Strand and your needs will be handled by the best professional who can service your. $350,000. Angle oceanfront units are approximately $89,000 for one bedroom with a. 4785 - I just got back from Myrtle Beach SC and I'm ready to purchase a condotel. Direct oceanfront corner lockout now available at Boardwalk Beach Resort in the heart of Myrtle Beach! This renovated, turnkey 2 bedroom, 3 full. Source: activerain. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Call 1-866-383-5345 or find a mortgage. Financing is available when you are looking to purchase a unit in a condotel but it is often more limited than when looking. 0. Loan Amounts to $417,000. 1,501 sqft. #K-3. This ground level 2-bedroom condo is located in the popular Seagate Village. Our Mortgage Experts. ft. RE/MAX SOUTHERN SHORES NMB. When a project as a whole, functions more like a vacation rental resort, the building is ineligible for. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626). …. THE EPITOME OF A LUXURY GOLF VACATION. condo with a list price of $214900. Demise Of Condotel Financing After Real Estate Meltdown. 813 2nd Ave N. Click on any of the resorts below for current listings, floor plans, numbering grids, overviews, lists of amenities, and pictures - over 90 oceanfront and resort condo developments in. We consider loan-to-value ratios of up to 65%. PRIME DIRECT OCEANFRONT 1 bedroom 1 bathroom furnished unit for sale in Dunes Village Resort. Condotel financing cannot be financed through conventional loans. When autocomplete results are available use up and down arrows to review and enter to select. 4785 -Personal Banking. 5 miles from Condotels Golf Colony Resort. 455. 1105 S Ocean Blvd Unit 832, Myrtle Beach, SC 29577 is for sale. Owners used as 2nd home. High LTV and Interest-Only Options. 19 Properties in Myrtle Beach from $119,000. Jumbo Mortgages/Adjustable Rate Loans. Myrtle Mike Thompson. Beach Cove Resort North Myrtle Beach. Bluewater Resort - Myrtle Beach Condos for Sale. See BBB rating, reviews, complaints, contact information, & more. 32 days on Zillow. UNIT #103 North Myrtle Beach in Ocean's Edge Townhomes - View all 38 photos. Brighton Tower Overview. With an average of 320 days of Florida sunshine each year – and 27 miles of sugar-white sands bordering the clear, emerald green waters where the Gulf of Mexico and St. 1 bd; 1 ba; 537 sqft - Condo for sale. When you're ready to buy, we'll be here to help. And at Aaron Miller Insurance, we’re always here to help, contact us today! At Aaron Miller Insurance we’re here for you, and we’ll work to get you the best deal possible. Condo For Sale $199,900. Borrowers can also email me at gcho@gustancho. - Homes for sale presented by the Beach Pro Team: 843. Inquiries. info@afbcarolinas. A condotel allows you to be an owner without the stress of maintenance. North Myrtle Beach Waterfront/Oceanfront Condominiums for Sale. Unlike other real estate sectors, which are suffering from capital and financing problems, the market for condotels was flat-out overbuilt — and that takes years to correct. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific. North Myrtle Beach, SC 29582. Monthly Real Estate News; Local News. This is a Condotel, and you must abide by the Wildwood Crest Ordinance which is located in Associated Docs. Which condo hotels in North Myrtle Beach are good for families?1105 S Ocean Blvd Unit 832, Myrtle Beach, SC 29577 is for sale. The CondoLux staff is very helpful on the phone and at the office. Fast Closing and Flexible Underwriting. Bay View Resort - Myrtle Beach Condos for Sale. Another question I get asked all the time is what is a condotel? Condotel versus condo? A condotel is a condo that can be rented by the night, by the week, o. A: 1515. Welcome to this fully furnished, 1 bedroom 1 bathroom oceanfront condo in the Coral Beach Resort. Condo For Sale In Myrtle Beach, South Carolina. Thu, 26 Oct 9:00 AM to 4:00 PM. The Grand Strand is known for its famous golf courses and country clubs. Even if you don’t fall into one of these categories but still need a mortgage, reach out for a conversation to see if we can help. Myrtle Beach and the surrounding areas are a perfect location for a vacation or.