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Myrtle Beach Real Estate - Foreclosures

Myrtle Beach real estate foreclosures are a great way to purchase some high end real estate that you normally wouldn't otherwise be able to afford, priced quite affordably below market value. If you're a first time homebuyer or are shopping for investment property, these Myrtle Beach real estate foreclosures are definitely worth pursuing. An offer like this doesn't come around all that often so if you've been tempted to buy, the time has arrived. If you think you can't afford it, you might be pleasantly surprised by what you find. Go ahead and take a closer look. [Read more...]

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  Description Listing Information
Listing 1 of 10
Pawleys Island Gray Mans Cove 26 Gray Mans Loop
City: Pawleys Island
Subdivision: Gray Mans Cove

Charming lowcountry home in the heart of the Pawleys Island community. Located creekside of

List Price: $365,000
MLS: 1712691
Bedrooms: 3
Bath: 3
Sq. Ft.
More Info...
Listing 2 of 10
Loris Not within a Subdivision 1616 Highway 348
City: Loris
Subdivision: Not within a Subdivision

Fixer Upper house on 9 Acres in a prime location Built in 2005 3

List Price: $275,000
MLS: 1714785
Bedrooms: 4
Bath: 2 / Half Baths: 1
Sq. Ft.
More Info...
Listing 3 of 10
Conway Forest Lake Estate 8259 Timber Ridge Rd
City: Conway
Subdivision: Forest Lake Estate

PRICE REDUCED!! Large home with direct views of the 7th tee of Burning Ridge

List Price: $189,900
MLS: 1707106
Bedrooms: 3
Bath: 2
Sq. Ft.
More Info...
Listing 4 of 10
Myrtle Beach Weslin Creek 1112 Weslin Creek Drive
City: Myrtle Beach
Subdivision: Weslin Creek

Don't Miss This!! Move in ready home located in a Cul-De-Sac! This split floor

List Price: $105,000
MLS: 1717424
Bedrooms: 3
Bath: 2
Sq. Ft.
More Info...
Listing 5 of 10
Nichols Not within a Subdivision Black Creek Rd.
City: Nichols
Subdivision: Not within a Subdivision

Nice mixed tract on Black Creek Rd. This tract has roughly 16 acres of

List Price: $70,000
MLS: 1622212
Zoning: FA
More Info...
Listing 6 of 10
Ocean Isle Beach Ocean Ridge Plantation 558 SW Lindgrove Place
City: Ocean Isle Beach
Subdivision: Ocean Ridge Plantation

Large corner lot in Cambridge Estates section in Ocean Ridge. This lot is located

List Price: $65,500
MLS: 1407407
Zoning: Res
More Info...
Listing 7 of 10
Mullins 6911 E Highway 76
City: Mullins

What a great 2+ acre lot located in a convenient spot on Highway 76

List Price: $63,000
MLS: 1701363
Uses: Warehouse
Kind: Commercial

More Info...
Listing 8 of 10
North Myrtle Beach PALM KEYS - NMB 804 12th Ave S #208 208
City: North Myrtle Beach
Subdivision: PALM KEYS - NMB

List Price: $49,000
MLS: 1717970
Bedrooms: 1
Bath: 1
Sq. Ft. 600
More Info...
Listing 9 of 10
Georgetown Belle Isle 7 Partridge Place
City: Georgetown
Subdivision: Belle Isle

Beautiful wooded 1.06 acre lot in desirable Belle Isle on Winyah Bay. Very private

List Price: $30,000
MLS: 1217872
Acreage: 239x105x26
Zoning: RES
More Info...
Listing 10 of 10
Johnsonville Not within a Subdivision 1 Otwell Drive
City: Johnsonville
Subdivision: Not within a Subdivision

.035 acres of cleared and ready to build land in Wellman Country Club. Town

List Price: $6,500
MLS: 1200388
Zoning: R
More Info...

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Banks and other lending institutions have many properties like these that have become Myrtle Beach real estate foreclosures because the homeowners couldn't stay current on their mortgage payments. Foreclosures like these are being sold at less than their appraised value in order for the mortgage holder to recover their original investment.

In many cases, homeowners just walked away from these properties, leaving behind move-in-ready homes. These are ideal real estate opportunities for you to purchase a second home, a vacation rental, or investment property. Many people will buy it now, while it's priced at its cheapest, fix it up to move-in-ready condition, and then resell it at a profit closer to its appraised value. Myrtle Beach, South Carolina, is a popular vacation destination so rental properties do quite well here year round.