Contact Us Today To Get Started. LendSure Mortgage Corp. High LTV and Interest-Only Options. Myrtle Beach, SC 29579; Office: 800. Available financing for vacation and 2nd homes up to 85% loan to value to $3,000,000. Wells Fargo Bank. - Homes for sale presented by the Beach Pro Team: 843. Units require at least a true 1 bedroom. Amenities are plentiful and include three outdoor pools, oceanfront whirlpools, a kiddie pool, and a 350-foot. 386 sqft. Leave a Review/Comment Cancel reply. Was approved for $80k to purchase a beach rental property to come and find out that the loan cannot be used to finance a condotel. 7100 N Ocean Blvd #1202, Myrtle Beach, SC 29572. 974% for a 5-year adjustable-rate mortgage (ARM). Call ☎ (800) 697-4371. The CondoLux staff is very helpful on the phone and at the office. 2 bedroom, Wildwood Crest NJ 08260. 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. Popular attractions Blackmoor Golf Club and The International Club of Myrtle Beach are located nearby. 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. Contact us today and let Alpha. 1321 S Ocean Boulevard, North Myrtle Beach, SC 29582. Regarding how you like to bank, we know one size doesn’t always fit all. Get the scoop on the 1474 condos for sale in Myrtle Beach, SC. We allow a combined loan-to-value ratio (CLTV) of up to 85%. Condo For Sale In Myrtle Beach, South Carolina. It was completed in 2000. Much nicer than our friends place down the road in ocean village. it's equipped with all. With a private balcony, these level 3 condominiums are angle oceanfront units. (843) 213-1720 (843) 213-17274066-A Taranto Loop UNIT 5101-A Myrtle Beach in Bella Vita Garden Homes - View all 39 photos. #D. S. Condotel financing cannot be financed through conventional loans. 3 baths. This unit is at the Atlantica Resort, which is centrally located in Myrtle Beach and within close proximity to the boardwalk, sky wheel, and Myrtle Beach convention center. . Welcome to this fully furnished, 1 bedroom 1 bathroom oceanfront condo in the Coral Beach Resort. . 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. Department of Housing and Urban Development | 451 7th Street S. 1 bath. Camelot By The Sea - Myrtle Beach Condos for Sale. Reasons To Refinance; Pre-Approval; Unlike hotels, where a corporation owns the whole hotel, in condotels each unit is sold separately similar to a condo. 5905 South Kings Hwy Unit A418, Myrtle Beach, SC 29575. Current condo mortgage rates. 475 sq ft. Currently, the condotel purchase market in South Beach, Panama. Questions: 803-998-1000. - Homes for sale presented by the Beach Pro Team: 843. Trump International Hotel and Tower. Myrtle Beach - Click Below For Columbia. [email protected] Home Group offers mortgages for warrantable, non-warrantable and condotel property types. NMLS #5645 ǀ AZ Lender #BK-0906866 #MLB5645 On Q Financial, Inc. The condotel must have at least 500 square feet of living area. GREY AREA. For monthly updates on current listings and new closed sales, sign up for our Surfside Real Estate News, one of the 50 versions of our e-newsletter. Find oceanfront condos for sale in Myrtle Beach, SC like a real estate agent! Exclusive access to condominium listings near the ocean in Myrtle Beach, South Carolina!Myrtle Beach. When people book a short-term rental, they typically. Apply Now and Get a Quote Today! Get more details. 2318867 MLS. 5 days on Zillow. Non-Warrantable Condos. CONDO FINANCING. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626). 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. North Myrtle consists of four beaches -- Windy Hill, Crescent Beach, Ocean Drive. Jumbo Mortgages/Adjustable Rate Loans. Myrtle Beach Resort - Renaissance Tower - Surfside Condos for Sale. 2% within the next year. Owner Financing available for qualified buyers. North Myrtle Beach, SC 29582 (843) 444-LOAN (5626) wp@444loan. We also offer our Condo/Condotel Lender List and Closed Sales Histories. In the 1960s, Folly Beach was quite a tourist destination and a new Oceanfront Plaza was built to replace the Oceanfront Hotel and Pavilion, which burned down in 1957. It sounds like Vegas. Book Bay Watch Resort & Conference Center, North Myrtle Beach on Tripadvisor: See 2,665 traveler reviews, 1,320 candid photos, and great deals for Bay Watch Resort & Conference Center, ranked #12 of 55 hotels in North Myrtle Beach and rated 4. This oceanfront resort is located at 1105 S Ocean Blvd, Myrtle Beach, SC 29577. 455. 161 Posts 128 Votes. Bluewater Resort - Myrtle Beach Condos for Sale. $244,900. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Loan Application. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. 106 Birch N Coppice Dr. All Waikiki Banyan and Waikiki Sunset condos are legal STRs subject to the terms of Bill 41. condo with a list price of $214900. High LTV and Interest-Only Options. 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. SEARCH OUR SITE. 1515 Hwy 17 S, North Myrtle Beach, SC 29582; 843-249-6317; ScottTodd@allstate. A condotel allows you to be an owner without the stress of maintenance. . Any recommendations for lenders who offer 20% down on condotels. SOUTHERN COAST INSURANCE GROUP INC 4420 Oleander Dr Ste 104 Myrtle Beach, SC 29577 Get Map Phone: 843-839-5076 Fax: 843-353-0785 Contact Us2 BDS | 2 BA | 1,100 SQFT. An up to date guide to the Myrtle Beach real estate market including foreclosures and short sales. Camelot By The Sea - Myrtle Beach Condos for Sale. Myrtle Beach, SC 29579. Sometimes one size doesn’t always fit all. A condotel is just what it sounds like—a cross between a condominium and a hotel. 3 Beds. 4712 Cobblestone Dr. This two bed, two bath second floor end unit features an open floor plan and is being sold fully furnished. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. Locally, we have a handful of local lenders, with very. 1605 S Ocean Blvd, Myrtle Beach, SC. Leave a Comment. . Source: acmg. Myrtle Beach, SC 29579; Office: 800. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. com. Full pet policy & more. MLS# 2305975 / Sold. I have to admit, first of all, that it's been close to 20 years since I've been to Myrtle Beach, although for a 20 year period of time prior, I visited MB almost every year. 0. especially in a popular tourist destinations like Myrtle Beach. As far as the technical difference goes, if there’s a nightly rent and there’s a check-in desk, it’s a condotel. (843) 628-3604. Condo Financing and Condotel Mortgages. 1,501 sqft. , Washington, DC 20410 Telephone: (202) 708-1112 TTY: (202) 708-1455We would like to show you a description here but the site won’t allow us. Ocean Blvd. How to Avoid a Loan Denial New Changes To Condo Lending as of Dec 7th, 2020. Super comfortable and fully furnished, this u. location of a barber shop, has sued a candidate running for council on Nov. I am a realtor who owns bluewater properties and i specialize in myrtle beach ocean front condos. 1 Beds. Generally, I am able to review the condo project, and determine that the out-of-market lender is incorrectly classifying the condo project as a condotel. Condo For Sale In Myrtle Beach, South Carolina. 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,. 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. Owner financing available! No hassels with condotel financing! Direct Oceanfront Efficiency Unit. ABC Mortgage Company is located in Myrtle Beach, serving Horry County, Georgetown County along with the rest of the state of South Carolina. info. . 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. net. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). 2 bathrooms. 7/03/2020 - Zillow. Common questions are answered to help inform you about the way our ocean front condo market operates. Receive the Beach Pro Team’s current list of local condo and. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. Creative Real Estate Financing; Private Lending & Conventional Mortgage Advice; Real Estate Crowdfunding; Commercial and Multi-Family. The largest property for sale is 3,174 sqft and smallest 307 sqft. . 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. . Unit owners also have the option to place their. 455. - Condo for sale. Source: acmg. About the. 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. 2. 201 W Passaic Street Rochelle Park, NJ 07662 Phone: (800) 876-5626 [email protected] Condotel. Direct oceanfront corner lockout now available at Boardwalk Beach Resort in the heart of Myrtle Beach! This renovated, turnkey 2 bedroom, 3 full. By Alison Gregor. South Carolina Beachfront Condos & Villas For Sale listings have an average sales price of $342,818 ranging in price from $24,000 to $1,599,000. 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…. TRV66338---. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. Myrtle Beach, SC 29579. 10 days on Zillow. 00, with the average rent median estimated to be $1,250. MORTGAGE CALCULATOR. User Stats. 2500 N Ocean Blvd. 107 Toby Ct. Okay. 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. A condo hotel, also known as a condotel, hotel condo, or a contel, is a building that is legally a condominium but operated as a hotel, offering short-term rentals, and which maintains a front desk. N Unit 1025, Myrtle Beach — Sand Dunes Phase Ii $214,500. com. 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. 813 2nd Ave N. Blissful Mortgage Condo loans. com or visit us at Myrtle Beach, situated in South Carolina, will be the perfect choice for you and your family. Investor. 1905567 MLS. A: 1515. Amenities Photos Map View Reviews FAQs. About the Condotels Golf Colony. Oceanfront Condo - North Myrtle Beach, SC Home for Sale. NMLS #5645 These programs are available to only qualified borrow1105 S Ocean Blvd. Patricia Grand Resort Hotel welcomes two dogs up to 20 lbs in designated rooms for an additional fee of $20 per pet, per night (up to $150 per week). 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. Bluewater Resort - Myrtle Beach Condos for Sale. Stay at this business-friendly hotel in Murrells Inlet. This ground level 2-bedroom condo is located in the popular Seagate Village. (843) 796-1358. *A $250 refundable cash security deposit is required upon check-in for this unit type. Learn more about local market trends & nearby amenities at realtor. 1,169 Sq. Condotel loans are available for up to $1. 5 miles from Condotels Golf Colony Resort. 1990 N Waccamaw Dr. 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. com. Call ☎ (800) 697-4371. Explore our range of condotel financing solutions designed to simplify your investment journey Flexible Condo Hotel Loans. You can also use this residence for ready and steady rental income. See BBB rating, reviews, complaints, contact information, & more. . U. We also offer our Condo/Condotel Lender List and Closed Sales Histories. - Homes for sale presented by the Beach Pro Team: 843. Compare hotel prices from hundreds of travel sites and get great deals. I own a condotel unit in Myrtle Beach, SC and have found that they are not a source of ‘easy money’ based on rental income. Gene Carter: Cell 843-455-4785. 201 N 74th Ave. Former Atlantic Beach town manager William Booker, who owns the 3310 Highway 17 S. Loans made or arranged pursuant to California Financing Law. Financing for Condos. Myrtle Beach, a scenic oceanfront community in South Carolina, offers both guests and residents miles of beaches, inland waterways, more than 100 golf courses, and activities for all ages. Stay in touch with us at 843-999-0575 or email. $97 night. * Infinity Pool &. APPLY NOW. Condotel Mortgage / Condo-Tel Financing / Condops. 107 Toby Ct. View Details. The residents of South Carolina pay an average of $579 per year for condo insurance for a coverage level of $60,000 for personal property, $300,000 for liability protection with a $1,000 deductible. . Office: 800-872-4488. Dec. This document expresses the opinion of Gene Carter, CDPE. (843) 796-1358. 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. Condotels are condominium projects, which are individually owned and operated as a hotel. Lauderdale, FL, etc. I understand the basics, that the are operated like hotels, you have fairly little involvement and after the 60/40 split (on average. Financing CONDOSin Myrtle Beach. (843) 444-LOAN (5626) Home. 2 Bed. Setup fee. Atlantic Beach voters will have big decisions to make at next month’s polls as they opt for a new mayor and flip the council by at least one new member on the panel. 1st Bedroom: 1 king bed, attached bath. Come and. 2000 Highway 17 S. Qualification based on Property Income, Not Your Income. Our business is dedicated to providing those in beautiful Myrtle Beach with personalized, outstanding property management services. Fully equipped kitchen - Appliances, utensils, and more provided! Private oceanfront balcony off the living room. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. 18, 2009. Located near Main Street and the shag clubs, this stunning oceanfront luxury resort condo community offers the best in luxury, atmosphere and comfort. Condotel Financing Guidelines. You’ve contracted to purchase and now all you have to do is go back to. CONDO FINANCING. W. For your protection, do not email your Account Number (s) or Social Security Number. 4 bedrooms. It’s a 60-mile stretch of pristine sandy beachfront with phenomenal views up and down the coast. In this article, we will explore the key. I found Condotel Financing at competitive rates Types of Mortgages Available Principle & Interest Mortgage Options. Patricia Grand Resort Hotel. 991 38th ave n, myrtle beach, sc, 29577. Seller willing to owner finance! Introducing this ocean view efficiency condo in the most fun place to stay in Myrtle Beach. (843) 315-2535. View property. 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. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Call 1-866-383-5345 or find a mortgage. These could. Condos for Sale: Condos for Sale • Little River Condos • Myrtle Beach Condos • Mt Pleasant Condos • Isle of Palms Condos • Wild Dunes Condos Charleston Condos. Until, you find out, usually the week before closing, the underwriter for the lender, says they don’t do condotels, they only finance condos! Seen it happen hundreds of times with inexperienced real estate agents and consumers. Thanks in advance. By Adam Benson. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. 745 sq ft. [email protected] a larger selection of condo types - we lend on a wide variety of condo developments, including new construction and conversion projects. 3 bds; 2 ba; 1,501 sqft - For sale by owner. 3 Beds. Find the best offers for your search owner financing myrtle beach. Most posts I've seen on this topic are old. Newly Renovated. 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. We also offer. IN the new home financing landscape created in this recession, certain categories of high-rise development are apparently. Financing/Investment. PRIME DIRECT OCEANFRONT 1 bedroom 1 bathroom furnished unit for sale in Dunes Village Resort. Florida for $50,000 close by the beach. The Ashworth Condos For Sale. can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach, SC, Charleston, SC Ft. Get a condo insurance quote online or call for advice. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment. Bedroom in Myrtle Beach SC. …. com. I know most of them are those condoels which apparently is an old term, but looking for insight. View current Myrtle Beach, SC mortgage rates from multiple lenders at realtor. Condotels Golf Colony Resort. 4785 -. Read More. Coral Beach. BridgeWell Capital professionals often finance investments in 10 days or less; no matter your current credit, financial, or employment situation. 1. Condo For Sale In Myrtle Beach, South Carolina. This is a Condotel, and you must abide by the Wildwood Crest Ordinance which is located in Associated Docs. Coral Beach is an award winning oceanfront resort with excellent rental income! This oceanfront one bedroom has. What a unit owner owns is typically different than what a unit owner owns in a typical. Those. Receive the Beach Pro Team’s current list of local condo and. 18, 2009. info@afbcarolinas. Condotel at 10% APR?? Mike Dawson. But what is a condominium hotel or condotel? A condo-hotel is a new trend in the Myrtle Beach. The Grand Strand is known for its famous golf courses and country clubs. Long-Term Fixed or ARM Rates. Financing/Investment. 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,. - Condo for sale. Whether it is the beautiful accommodations, fantastic food, or full amenities, Coral Beach Resort and Suites has it all. More Details. 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. View our North Myrtle Beach real estate area information to learn about the weather, local school districts, demographic data, and general information about North Myrtle Beach, SC. Some Myrtle Beach real estate agencies can only show certain areas, but we are not restricted. Investment properties are eligible for the Condotel program. Our mortgage lenders will gladly review your unique situation and find a flexible solution that best fits your lifestyle. 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. Best-located and Equipped North Myrtle Beach Condos. 2ba. $189,000 and up - Condo Hotel. . Call ☎ (800) 697-4371. Breakers Resort - Myrtle Beach Condos for Sale. 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. 1,501 sqft. 4785 -1512 Taurus Ln. Condotels. The house always wins. We specialize in Condo Loans Financing for Warranted Condo Loans, Non-Warranted Condo Loans, Condotel Condo Loans, Primary Condo Loans and DSCR investment Condo loans for long and short term rentals. Condo For Sale $239,900. A list of local lenders and contacts who can provide traditional financing for condos and condotels in Myrtle Beach, SC. Categories > Condo Hotels for Sale in Waikiki. 5/5. Most of the Myrtle Beach oceanfront high rises are condotels. 32 days on Zillow. A Condotel Loan (condo hotel, condo-tel, Condo Hotel Financing, etc…. As the best rated local lender since 1983, we offer a wide range of financing options tailored to your needs. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific investment. This unit features a full kitchen equipped with a full size fridge, rang. South Bay Inn & Suites: 520 N. Warrantable condos are one that a homebuyer can finance using a conventional mortgage, after having been approved under a set of guidelines set by government-sponsored enterprises Fannie Mae and Freddie Mac. North Myrtle Beach. 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. JLL, a Chicago-based global real estate company, announced Oct. Licensed SC Realtor for more than 35 years !!Does anyone have any advice or gotchas to look out for when buying a beach condo in a hotel to use as a rental unit with the hotel managers onsite? Think myrtle beach type rooms. Owner Financing available for qualified buyers. Bridge Financing. Property owners can generate higher returns than traditional mortgages and access more flexible loan terms. St. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. Featured Resorts in Myrtle Beach, SC Bay View Resort. 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. 3rd Bedroom: 1 king bed, hallway bath.