It sounds like Vegas. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy ed-Full Kitchen!! Coral Beach Resort is Continually voted BEST RESORT ON THE BEACH!!. 613-610 5th Ave. Condo For Sale $239,900. Search our selection of vacation condos and homes from Litchfield Beach to the south-end of Myrtle Beach. Sea Mist offers indoor & outdoor pools, a large water park, hot tub/spa, wading pool, lazy river, sun decks, mini golf, 90 seat movie t. . Welcome to Alpha Mortgage, the trusted name in home loans and mortgage solutions. DrewThese condo hotels in Myrtle Beach have great views and are well-liked by travelers: Hilton Myrtle Beach Resort - Traveler rating: 4. 955 Condos For Sale in Myrtle Beach, SC. 2nd Bedroom: 2 double beds, attached bath. 2 Baths. Loan Amounts to $417,000. Maximum 75% LTV. Suggestions on loan resources for condotels in the Myrtle Beach area? Give us a call Jerry Pinkas Real Estate Experts 843-839-9870. 2 Beds. Bay View Resort - Myrtle Beach Condos for Sale. * Extra Luxurious 1 - 7 Bedroom Condos & Homes. The project. 2 mi (16-min drive) away from the Myrtle Beach Intl. More Details. Then there is an HO-6 policy, which is a small interior (walls in) policy you’ll. The condotel units can be placed on a rental program with the management who can rent the units out for short or long-term rentals. 2000 Highway 17 S. Financing CONDOSin Myrtle Beach. I am looking at Myrtle Beach for my first property. Explore our range of condotel financing solutions designed to simplify your investment journey Flexible Condo Hotel Loans. This condo comes fully furnished and offers fantastic upgrades throughout. Now we’re seeking a publicly traded condotel management company. 3763 Sweetgum St Unit 3763, Myrtle Beach, SC Details ». $189,000 and up - Condo Hotel. Condotel Financing Florida Mortgage Rates; Today's Condotel Florida Mortgage Rates; Live Condotel Mortgage Rates. It’s a 60-mile stretch of pristine sandy beachfront with phenomenal views up and down the coast. $239,900. Medieval Times Dinner & Tournament. Had some noise complaints the first night but they where delt with. Coral Beach. For those who need condotel financing, please contact us at Gustan Cho Associates at 262-878-1965 or text me on my cell for faster response at 800-900-8569. Indeed, when looking to rent in Myrtle Beach, SC, you can expect to pay as little as $570. Try more general words. Mingle with the fishermen of Springmaid Pier, then stop for ice cream along the boardwalk. 201 N 74th Ave. Beach Park Resort - Myrtle Beach Condos for Sale. When people book a short-term rental, they typically. We also offer. APPLY NOW. $379,800. Add in the area’s relatively low cost of living, and it’s not surprising to see. Master bedroom has 2 closets. This document expresses the opinion of Gene Carter, CDPE. Portfolio Financing for Condos and Condotels. Borrowers must have owned any property type in the past 24. . 745 sq ft. 1025 Highway 17 South. Fully equipped kitchen - Appliances, utensils, and more provided! Private oceanfront balcony off the living room. 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. Department of Housing and Urban Development | 451 7th Street S. Financing/Investment. Condotel Financing – As Good As It Gets? Newsletter – July 2013 Loans made or arranged pursuant to California Financing Law. Contact GET THE CASH YOU NEED WITH A REVERSE MORTGAGE! 1. Choose an in-demand location. 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. Monthly Real Estate News; Local News. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront. com. com; Mon-Fri 8am - 5pm Sat-Sun Closed; Car Insurance; Home Insurance; Life Insurance; Motorcycle Insurance; Condo & HO6; Flood Insurance; Golf Cart Insurance; Renter's Insurance; Contact Us. A: 1515. This home is only a few blocks from BUS 17 and only a 2 minute car-drive/5 minute golf-chart drive to the beach. 161 Seawatch Drive, Myrtle Beach, SC 29572. Condotel Financing Guidelines. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. 720 sqft. 2300 N Ocean Blvd. (843) 492-4030. 345 sq ft. Learn how to finance a condotel in Myrtle Beach SC with local mortgage lenders and experts. See pricing and listing details of Daytona Beach real estate for sale. Coral Beach. Or email us at gcho@gustancho. Even if you wanted to buy into a condotel today, it’s doubtful you could find a bank that would finance this loan. PRIME DIRECT OCEANFRONT 1 bedroom 1 bathroom furnished unit for sale in Dunes Village Resort. Condotels International Inc. CENTURY 21 THE HARRELSON GROUP. 2. . Personal Banking. The house always wins. Many banks and mortgage bankers used to finance condotels prior to the collapse and many condotel unit owners still have condotel financing loans with big banks such as Wells Fargo, Chase, Citibank, Bank of America, and other local, regional, and national banks at high-interest rates. 1 Listings from $649,900. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages. Apply Now and Get a Quote Today! Get more details. Seaside Inn Resort is close to Barefoot Landing, Ocean Drive’s Main Street, The Tanger Outlets and the many shops, restaurants and attractions of North Myrtle Beach. 1990 N Waccamaw Dr. 455. washer and dryer recently. A condominium hotel, sometimes called a condotel, is a condominium but operated and managed like a hotel. 29577, Myrtle Beach, Horry County, SC. Condo in Myrtle Beach. During the pandemic, rates on 30-year fixed mortgages fell below 3 percent. Condo Financing and Condotel Mortgages. I am a realtor who owns bluewater properties and i specialize in myrtle beach ocean front condos. (843) 492-4030. 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. Coral Beach Bldg. CONDO RESOURCES. $242,900. New Changes To Condo Lending as of Dec 7th, 2020. Much nicer than our friends place down the road in ocean village. . Com Listing ID: bey15047---. 3bd. 186 Fresh Drive. Welcome. Financing a myrtle beach condotel. A condotel is a combination of a condominium and a hotel and is a unique type of property ownership. which is centrally located in Myrtle Beach and within close proximity to the boardwalk, sky wheel, and Myrtle Beach convention center. info. Unit owners also have the option to place their unit in the hotels rental program where it is rented out like any other hotel room. 1515 Hwy 17 S, North Myrtle Beach, SC 29582; 843-249-6317; ScottTodd@allstate. Beach Cove Resort offers two and three bedroom oceanfront condos. Listing courtesy of Listing Agent: Michele Blase () from Listing Office: Realty ONE Group Dockside. Located on the 10th floor in the Palmetto building, this. 1 Baths. com (800) 697-4371. There are 1,691 properties for sale in the city of Myrtle Beach . (843) 444-LOAN (5626) [email protected] Reconsider the ‘Condotel’. 1905567 MLS. Problem is, the lenders my Realtor has done business with will not do a loan for a studio. #D. Nestled in the heart of Myrtle Beach next door to the famous Sea Mist Resort and Landmark Resorts guests can find an oasis where family, fun, surf, and sun all go hand in hand. Get a Free Rate Quote Online! As a Myrtle Beach condotel lender, we specialize in offering financing for a wide range of condominiums, including condotels. Guthrie "Always Mobile" (843) 446-3444. Loan Application. TRV66338---. 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. 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. Credit Scores down. Powered By Beach condotel financing guidelines made easy Our flexible options and expert guidance ensure a seamless experience. 4785 -. com (800) 697-4371. Nice residents and friendly staff. Nov 23, 2023 - View the Best vacation rentals with Prices in North Myrtle Beach. 75 (198) Superhost. View 28 photos of this 1 bed, 1 bath, 581 sqft. 6 Listings from $218,000. 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. 6813 Porcher Dr Unit 14, Myrtle Beach, SC 29572. 3 bds. $159,900. $97 night. Source: activerain. So if you're also looking to invest, condo hotels are a pretty decent option, in my opinion. The list is categorized by the types of loans each lender can provide and includes the lender's name, phone number, email and website. Condo For Sale $199,900. S. Borrowers can also email me at gcho@gustancho. I am a realtor who owns bluewater properties and i specialize in myrtle beach ocean front condos. 455. The money you make from the rental can help you offset some of the costs and often create extra revenue. Coveted. 2 Bed. NEW - 4 HRS AGO FOR SALE BY OWNER. 6. $242,900. Condotels are condos that are run as resort properties and offer amenities such as check-in desks, maid services, room service, etc. A condotel allows you to be an owner without the stress of maintenance. South Bay Inn & Suites: 520 N. Come and. For your protection, do not email your Account Number (s) or Social Security Number. 4. com. After all annual fees are paid ie. Beach Cove Resort - Traveler rating: 4/5. 19 Properties in Myrtle Beach from $119,000. High LTV and Interest-Only Options. 4785 -Posted 3 years ago. This oceanfront resort is located at 1105 S Ocean Blvd, Myrtle Beach, SC 29577. 1105 South Ocean Blvd, Myrtle Beach, SC 29577. Highly likely to recommend Gene Carter has sold five condo's in Myrtle Beach for our partnership in the last 3 years, the last closing 7/1/2020. Miami CONDOTEL Financing. (843) 444-LOAN (5626) Home. Blissful Mortgage is your Condo Mortgage loan experts with 17 years of experience. North Myrtle Beach, SC 29582. Adam Benson The Sun News. Morant’s proposed condotel, named “The Black Pearl of the Atlantic,” would be located near 30th Avenue South and South Ocean Boulevard, and feature 168 hotel rooms, 36 short-term rental. The condotel units can be placed on a rental program with the management who can rent the units out for short or long-term rentals. . In this article, we will explore the key. 1% over the past year and Zillow predicts they will fall -2. The Preserve At Clam Farm: Folly Beach, SC. 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…. Our local team of experienced financial advisors will work with you to develop a customized financial plan tailored to help you. Show more. There are some condos that are money machines, and will constantly be sending you checks month after month, and at the same time, we can assure you there are others that are alligators and will eat you alive. Leave a Review/Comment Cancel reply. property tax, personal property tax (furniture tax), rental commission (the rental company in my resort charges 40% of gross rentals), all fees associated with each rental ie. Financing Condos in Myrtle Beach Can Be Tricky. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Unfortunately, your hometown lender is not going to have such a program but the lenders on. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Colorado Springs CONDOTEL Financing. Click here to get started or call our main branch (866) 418-9219 to speak to a CCNB mortgage specialist. Get a Free Rate Quote Online! As a Myrtle Beach condotel lender, we specialize in offering financing for a wide range of condominiums, including condotels. Each condotel is a part of a large-scale property that operates similar to a hotel, with a wide range of amenities and resort-style features. Now we’re seeking a publicly traded condotel management company. Asking Prices range from $100,000 to $16,995,000 with an average price of $1,417,970 and an average price per square foot of $1,300. Compare hotel prices from hundreds of travel sites and get great deals. Condotel Financing Myrtle Beach, etc. LOCATION. Condotels Golf Colony Resort. com. For monthly updates on current listings and new closed sales, sign up for our Myrtle Beach Downtown Oceanfront Real Estate News, one of the 50 versions of our e-newsletter. View Details. This is a dramatic way of saying that these types of structures cannot be financed through fannie mae or freddie mac. Live like a pampered guest in a Honolulu. Generally speaking, only lenders with in-house programs designed for condotels can finance condotels. Receive the Beach Pro Team’s current list of local. 2013 New Condotel Financing; Loan Process. info@afbcarolinas. 3500 N Ocean Blvd. Coral Beach is an award winning oceanfront resort with excellent rental income! This oceanfront one bedroom has. 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…. The units are individually owned. You’ve contracted to purchase and now all you have to do is go back to. 33. Apply. Good value. We also offer our Condo/Condotel Lender List and Closed Sales Histories. 30-year fixed. Fast Closing and Flexible Underwriting. 503. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. Expanded Investor Loans. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. Myrtle Beach, SC 29577. especially in a popular tourist destinations like Myrtle Beach. Prestwick, SC Home for Sale. 4785 -. The Preserve at the Clam Farm's 62 luxury three- and four-bedroom townhouse condominiums, an ERA Tides Realty… read moreFrom the tiny, tight-knit town of Loris to the bustling boardwalk of The Beach, the 14 unique communities of Myrtle Beach offer their own attractions, atmosphere, perks, and properties, all with access to the sandy shores of the Atlantic and mild year-round temperatures. There are 630 real estate listings found in North Myrtle Beach, SC. 201 S Ocean Blvd #905, Myrtle Beach, SC 29577. Months. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. Unit 5, Myrtle Beach — Birch N' Coppice $275,000. Condotel properties must have a full. . At Movement Mortgage, we do offer condotel financing if the building is indeed a true condotel. 974% for a 5-year adjustable-rate mortgage (ARM). 3bd. . For monthly updates on current listings and new closed sales, sign up for our Myrtle Beach Downtown Oceanfront Condos Real Estate News, one of the 50 versions of our e-newsletter. Free Wifi. Explore the Coral Beach condos for sale in Myrtle Beach SC. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific investment. 3 Beds. The most recent sale had a number of twists and turns. 36 homes. We’d like to buy stock in the company that charges 40% less expenses on someone else’s investment. Is this Your. 18, 2009. Some Myrtle Beach real estate agencies can only show certain areas, but we are not restricted. Available financing for vacation and 2nd homes up to 85% loan to value to $3,000,000. 4785 -Campobello, South Carolina 1 contribution 1 helpful vote. Borrowers can also email me at gcho@gustancho. Get in touch with a North Myrtle Beach real estate agent who can help you find the home of your. . Reasons To Refinance; Pre-Approval; Loan Application Info; Loan Application Process; Get Prequalified; News; Testimonials; Contact . RDunn@remn. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. M - F 8am -5pm. The largest property for sale is 3,174 sqft and smallest 307 sqft. 2 bathrooms. * Only AAA 4 Diamond, 5 Star Resort in the area. Fannie Mae does not mind nightly. 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. Condo Financing and Condotel Mortgages. 426%. For your protection, do not email your Account Number (s) or Social Security Number. $590,000. Condotel financing terms. Condotels have hotel-like amenities and services – unlike the conventional condominiums. CONDO SPECIALISTS. 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. We were considering buying a condo tell in Myrtle Beach till we learned the rental split was 60/40. Special offer. Gene Carter, CDPE Myrtle Beach Real Estate Sales 1-800-872-4488 GeneCarter@BeachProTeam. 4785 -Personal Banking. 10% Down Payment. Financing is available when you are looking to purchase a unit in a condotel but it is often more limited than when looking at other properties, including standard condos. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). IN the new home financing landscape created in this recession, certain categories of high-rise development are apparently. High LTV and Interest-Only Options. . 201 74th Ave N #2731, Myrtle Beach, SC 29572. 08260, Wildwood Crest, Cape May County, NJ. 4817 Magnolia Lake Dr APT 301, Myrtle Beach, SC 29577. How to Avoid a Loan Denial New Changes To Condo Lending as of Dec 7th, 2020. Website. Bridge Dale • 2 years ago. 1,169 Sq. View property. 2. Ripley's Aquarium of Myrtle Beach. By Alison Gregor. Condotel Mortgage / Condo-Tel Financing / Condops. In this article, we will explore the key. com (800) 697-4371 facebook And we can tell you for a fact, yes you can! Buying a condo in Myrtle Beach can be a good investment in 2023. When you're ready to buy, we'll be here to help. Apply Now and Get a Quote Today! Get more details. Hopefully, now you understand why your regime fees will easily be $400 to $1500 a month (depending on what condo development) you own. North Myrtle Beach is located in the area of South Carolina known as the Grand Strand. An agent at Better Homes and Gardens Real Estate Elliott Coastal Living can help you look for your beach property today. Myrtle Beach, SC 29579; Office: 800. Discover genuine guest reviews for Condotels at Coldstream Cove along with the latest prices and availability – book now. Malibu Pointe Beach Club: 5 Listings from $285,000: Mar Vista Grande: 3 Listings from $769,500: North Beach Plantation: 17 Listings from $250,000: Prince Resort: 1 Listings from $372,900: Tilghman Beach And Golf Resort: 27 Listings from $320,000: More Myrtle Beach Condos for SaleBuying or selling a foreclosed condo in Myrtle Beach Area, SC,? Let The Harrelson Group help you in all your Myrtle Beach Area, SC foreclosed condominium needs. Blog Author and CEO. We offer 30- and 40-year fixed-rate mortgages, as well as 5/6 and 7/6 adjustable-rate mortgages (ARMs). Angle oceanfront units are approximately $89,000 for one bedroom with a. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626). 1 bed. We have the experience and knowledge to help you find the right condo insurance policy for your needs and budget. Located on a very quiet street. Sellers are permitted to pay up to 6% of closing costs. Owner Financing available for qualified buyers. 20% “Regular” condos. S. 2ba. His knowledge and expertise is second to none. For monthly updates on current listings and new closed sales, sign up for our Myrtle Beach North End Oceanfront Real Estate News, one of the 50 versions of our e-newsletter. This article was provided by Oren Orkin of Capital Funding Mortgage Company, LLC, a residential and commercial lender that can provide financing for condo hotel units. 2207 S Ocean Blvd #809, Myrtle Beach, SC 29577. Visit 444loan. Categories > Condo Hotels for Sale in Waikiki. 2301 S Ocean Blvd, North Myrtle Beach, SC 29582. info@afbcarolinas. 37 ACRES. 129 Cold Stream Cove Loop, Garden City Beach, SC 29576-9146. Condotel financing cannot be financed through conventional loans. If you’re submitting a credit card application electronically via this inquiry form, please leave that field blank and a CCNB representative will contact you once they’re in receipt. not a Non-Warrantable Condo loan) will fund up to 70% LTV nationwide, full documentation, 12 months PITI on all properties owned at close required, 680 min fico,. $244,900. The Caravelle Resort: 6900 N. 455. 4525-D Girvan Dr. Asset Depletion. Low-Down-Payment loans : FHA. Welcome to 2500 N Ocean Blvd, this gorgeous oceanfront condo has endless views of the Atlantic Ocean. Brighton Tower Overview. 18, 2009. Financing. Posted in 2021, Myrtle Beach Real Estate, Myrtle Beach Rental Property. Roy Dunn – Coastal Financing Guru. com®. 4785 -. Established in 1985, Barefoot Rental Management provides residential property management services in Myrtle Beach as well as Surfside, Garden City, Murrells Inlet, North Myrtle Beach, Conway, Carolina Forest, and Little River. condo with a list price of $179000. Myrtle Beach SC. Real Estate Brad Emond July 8, 2020 Brad Emond Real Estate at Keller Williams Realty condotels , condotel , condo , condos ,. MLS# 2305975 / Sold. On a case by case scenario, even if the rental income is claimed on the schedule E, the property can be classified as a second home. Owner Financing Available - Myrtle Beach, SC Home for Sale. 5905 S Kings Hwy Unit A418, Myrtle Beach, SC 29575 is for sale. Condotel at 10% APR?? Mike Dawson. Of particular interest to many are "condotels," condos that operate like a hotel with staff, maid services, and offer another option for those looking to invest. NEW - 4 HRS AGO FOR SALE BY OWNER. Posted in Myrtle Beach Condos For Sale, Myrtle Beach Real Estate. 5 million. And that. 904 62nd Ave. 1,501 sqft. 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. Bluewater Resort - Myrtle Beach Condos for Sale. Demise Of Condotel Financing After Real Estate Meltdown. For monthly updates on current listings and new closed sales, sign up for our Myrtle Beach Downtown Oceanfront Real Estate News, one of the 50 versions of our e-newsletter. 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. Get started with a free quote today. Fast Closing and Flexible Underwriting. Condo Financing and Condotel Mortgages. The Ashworth Condos For Sale. The dog-friendly winter rentals are available at reduced off-season rates. 5/5. Barefoot Commons Branch. 4712 Cobblestone Dr. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. . Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment. Condotel Financing and Non-Warrantable Condo Loans are Portfolio Mortgages are available with us at Florida Commercial Real Estate Loan Group. - Homes for sale presented by the Beach Pro Team: 843.