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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 8
Surfside Beach Deerfield 502 Plantation Dr
City: Surfside Beach
Subdivision: Deerfield

What a wonderful opportunity to own a home in a popular location within blocks

List Price: $99,900
MLS: 1420588
Bedrooms: 3
Bath: 2 / Half Baths: 1
Sq. Ft. 1501
More Info...
Listing 2 of 8
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: $89,900
MLS: 1407407
Acreage:
Zoning: Res
More Info...
Listing 3 of 8
Andrews Not within a Subdivision 410 S Cedar Ave
City: Andrews
Subdivision: Not within a Subdivision

Nice older 3 bedroom/1 bath home located in great area. Home has hardwood flooring

List Price: $57,000
MLS: 1420630
Bedrooms: 3
Bath: 1
Sq. Ft. 1001
More Info...
Listing 4 of 8
Myrtle Beach Waterway Palms Plantation TBD Boone Hall Drive
City: Myrtle Beach
Subdivision: Waterway Palms Plantation

MUST SEE THIS BEAUTIFUL LOT IN THE PRESTIGIOUS GATED COMMUNITY. WONDERFUL AMENITIES INCLUDING POOL,

List Price: $36,000
MLS: 1417685
Acreage:
Zoning: RES
More Info...
Listing 5 of 8
Myrtle Beach Waterway Palms Plantation TBD Island of Palms Ave E
City: Myrtle Beach
Subdivision: Waterway Palms Plantation

MUST SEE THIS BEAUTIFUL LOT IN THE PRESTIGIOUS GATED COMMUNITY. WONDERFUL AMENITIES INCLUDING POOL,

List Price: $36,000
MLS: 1417682
Acreage:
Zoning: RES
More Info...
Listing 6 of 8
North Myrtle Beach Tidewater Plantation 501 Tidewater Dr
City: North Myrtle Beach
Subdivision: Tidewater Plantation

Excellent property for building your dream home.

List Price: $35,900
MLS: 1309425
Acreage:
Zoning: RES
More Info...
Listing 7 of 8
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: 1.06
Zoning: RES
More Info...
Listing 8 of 8
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: $10,500
MLS: 1200388
Acreage:
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.