2 reviews. Camelot By The Sea - Myrtle Beach Condos for Sale. Compare hotel prices from hundreds of travel sites and get great deals. If you're looking for monthly condo rentals in Myrtle Beach, SC, book today with Condo-World! Arrive. NMLS #5645 ǀ AZ Lender #BK-0906866 #MLB5645 On Q Financial, Inc. - Homes for sale presented by the Beach Pro Team: 843. 08260, Wildwood Crest, Cape May County, NJ. 3 br, 2 ba, 1930 Tot. 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. Brighton Tower Overview. Mortgages for Condos and Condotel financing in Myrtle Beach. 455. 455. We offer a variety of mortgage options: Conventional Mortgages. 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. There are 1,691 properties for sale in the city of Myrtle Beach . Condotels. 1515 Hwy 17 S, North Myrtle Beach, SC 29582; 843-249-6317; ScottTodd@allstate. View Hotel. MORTGAGE CALCULATOR. #7 of 8 condos in Garden City Beach. Non-Warrantable Condos. Sheraton Myrtle Beach Convention Center Hotel. Unit 50905, Myrtle Beach — Sea Mist $47,000. His knowledge and expertise is second to none. To be in. Posted in Myrtle Beach Condos For Sale, Myrtle Beach Real Estate. Popular attractions Blackmoor Golf Club and The International Club of Myrtle Beach are located nearby. Even if we can’t help ourselves, we may be able to point you in the right direction. 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. 169 reviews. 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. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment. facebook; linkedin;. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626) 1830 Marion St. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy. Get in touch with a North Myrtle Beach real estate agent who can help you find the home of your. 4785 -Personal Banking. 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. 2 Bed. The. . THE EPITOME OF A LUXURY GOLF VACATION. CONDO FINANCING. Find out everything you need to know about Condotels. - Homes for sale presented by the Beach Pro Team: 843. - Condo for sale. When autocomplete results are available use up and down arrows to review and enter to select. 2023. 33. More Details. Owners used as 2nd home. The HOA or the project’s legal documents require unit owners to share profits from the rental of units with the HOA, management company, or resort, or hotel rental company. Apply. North Myrtle Beach, SC 29582. View property. Borrowers can also email me at gcho@gustancho. Dec. 1210 Absolute Beach. Long-Term Fixed or ARM Rates. 3 bds; 2 ba; 1,501 sqft - For sale by owner. New Changes To Condo Lending as of Dec 7th, 2020. Lastly, most out-of-town lenders are not going to have a condotel loan program available in the event that the condo is accurately classified as a condotel. 4712 Cobblestone Dr APT K-3, Myrtle Beach, SC 29577. Trump International Hotel and Tower. 5 miles from Condotels Golf Colony Resort. Condo for Sale in South Myrtle Beach, SC: Gorgeous Direct Oceanfront 1br/1ba Furnished 3rd floor unit in Landmark Resort! This unit features updates including Brand new 50 inch tv in the living room and 40 inch tv in the bedroom, air conditioning units less than 3 years old, tile floors throughout, Quartz countertops, updated kitchen cabinets, fixtures, outlets,. info@afbcarolinas. . Price cut: $14,999 (Nov 16) 6203 Catalina Dr UNIT 331, North Myrtle Beach, SC 29582. Low-Down-Payment loans : FHA. LOCATION. But in general, the general consensus among condotel mortgage. During the pandemic, rates on 30-year fixed mortgages fell below 3 percent. Various Condotel Projects are popping up in Destin, South Beach, Panama City Beach, Palm Beach and Miami. 29577, Myrtle Beach, Horry County, SC. How to Avoid a Loan Denial New Changes To Condo Lending as of Dec 7th, 2020. 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. Our Mortgage Experts. The dog-friendly winter rentals are available at reduced off-season rates. 60%. Myrtle Beach SC. You don’t have to mow the lawn or worry about shoveling snow. A condo insurance policy protects what your homeowners association (HOA) doesn’t. A condotel allows you to be an owner without the stress of maintenance. Your email address will not be published. $97 night. 2. CCNB offers special rates and terms for condotels in the Myrtle Beach area. 4785 -. 4856 Magnolia North Carnation Circle, Unit: 304, Myrtle Beach, SC 29577. A condohotel, or a condo hotel as it is also called, is a unique type of residential and rental property. We consider loan-to-value ratios of up to 65%. Source: activerain. . The Grand Strand is known for its famous golf courses and country clubs. Condo For Sale In Myrtle Beach, South Carolina. 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. One Ocean Place Bldg. Now we’re seeking a publicly traded condotel management company. So I was wondering what the reasoning was behind such a high interest rate on condos? 10% is super high. November 1, 2023. 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. North Myrtle Beach, SC 29582. com®. Refer to and input NMLS #237341 to see where American Financial Network, Inc. CONDO SPECIALISTS. 2. 4785 - Posted 3 years ago. Myrtle Beach condotels are also a much better investment than timeshares, as timeshares are hard to sell, while condotels are in demand. - Homes for sale presented by the Beach Pro Team: 843. Pick the perfect place where watching the ocean from your balcony completely soothes your soul and encourages you to sit for hours and meditate. 00, with the average rent median estimated to be $1,250. Richmond CONDOTEL Financing. There is a lot of bad advice on the internet about condotels. ) Purchase, R&T and C/O Refinance; Full Documentation Only; 680 FICO Minimum; Fixed 30 & 15; ARM: 3/1, 5/1, 7/1; 80% LTV to $625K max. The Best Courses, The Best Accommodations, The Best Prices. Lauderdale, FL, etc. Unit 1008, North Myrtle Beach — Prince Resort $355,000. UNIT 103-A North Myrtle Beach in Ocean Winds - Nmb - View all 26 photos. CONDO SPECIALISTS. 4525-D Girvan Dr. Prestwick, SC Home for Sale. . Quiet cul de sac location. condo with a list price of $214900. 1890 Auburn Ln, Myrtle Beach, SC 29575-5198. * Premiere Fitness Center. A condotel is a combination of a condominium and a hotel and is a unique type of property ownership. These condo hotels in North Myrtle Beach have great views and are well-liked by travelers: Avista Resort - Traveler rating: 4. 1 bath 400 sq ft 201 74th Ave N #2636, Myrtle Beach, SC 29572 (843) 492-4030 Owner Financing - Myrtle Beach, SC Home for Sale OWNER FINANCING AVAILABLE!!!!! No. 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. We also offer our Condo/Condotel Lender List and Closed Sales Histories. 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. We also offer our Condo/Condotel Lender List and Closed Sales Histories. High LTV and Interest-Only Options. In November 2023, the average monthly cash on cash return in Myrtle Beach is 3. I hear countless stories of confusion and people being ripped off by real estate agencies, who don’t have. Loan Application. RE/MAX SOUTHERN SHORES NMB. A condotel allows you to be an owner without the stress of maintenance. An up to date guide to the Myrtle Beach real estate market including foreclosures and short sales. Or email us at gcho@gustancho. Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (407) 955-4575. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages. is. 100 North Beach Blvd #606, North Myrtle Beach, SC 29582. Condotel loans are available for up to $1. 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,. (843) 796-1358. USDA. 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 perfect beach retreat, Heron Pond is a condo complex on the north end of Myrtle Beach and a short walk to the ocean. net for more info or call 843. A list of local lenders and contacts who can provide traditional financing for condos and condotels in Myrtle Beach, SC. Powered By Inquiries. 1% over the past year and Zillow predicts they will fall -2. 3 Baths. Camelot By The Sea - Myrtle Beach Condos for Sale. Don't. Nov 3, 2019 - Are looking to purchase a condo in Myrtle Beach, SC not knowing the difference is between a condotel and a condo and why it's important and really mattersIt is also just a short drive away from hundreds of restaurants, shops and other attractions. Loan Amounts to $417,000. The dog-friendly winter rentals are available at reduced off-season rates. 219 Camber Rd, Huger, SC 29450. Located on a very quiet street. W. Seller will provide a generous painting allowance. 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. N Unit 1025, Myrtle Beach — Sand Dunes Phase Ii $214,500. High LTV and Interest-Only Options. View Details. Discover genuine guest reviews for Condotels Golf Colony along with the latest prices and availability – book now. Welcome. 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 Boardwalk, SC Home for Sale. is 10 Pointe Drive, Suite 330, Brea, CA 92821; Phone: (714) 831-4000 (NMLS ID. * Conveniently Located near Myrtle Beach & North Myrtle Beach courses & attractions. Grand Theatre and Art Museum of Myrtle Beach are cultural highlights, and some of the area's attractions include SkyWheel Myrtle Beach and Wild Water and Wheels. 4785 -. Today’s mortgage rates in Myrtle Beach, SC are 7. Most of the Myrtle Beach oceanfront high rises are condotels. One Ocean Place is a highly sought after condominium complex in Garden City Beach. Myrtle Beach, SC 29579. 813 2nd Ave N, North Myrtle Beach, SC 29582. Page 2Pamela D. Click on the green tabs at the top of this page for Floor Plans (floor plans, site plans, numbering grids), Current Listings (all active and. Enjoy the. N Unit 1025, Myrtle Beach — Sand Dunes Phase Ii $214,500. 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. 3 beds. Investment property loans Commercial & Residential Condo Hotel Loans. There are 2,731 real estate listings found in Myrtle Beach, SC. Generally speaking, only lenders with in-house programs designed for condotels can finance condotels. See pricing and listing details of Daytona Beach real estate for sale. Touch device users, explore by touch or with swipe gestures. View property. 2009. RDunn@remn. North Myrtle Beach, SC 29582. Beach Pro Team, Gene Carter REALTOR. LendSure Mortgage Corp. Most posts I've seen on this topic are old. Myrtle Beach. UNIT 103-A North Myrtle Beach in Ocean Winds - Nmb - View all 26 photos. Beach Park Resort - Myrtle Beach Condos for Sale. Owner Financing Available - Myrtle Beach, SC Home for Sale. Qualification based on Property Income, Not Your Income. Fast Closing and Flexible Underwriting. Condo For Sale $235,000. 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. 3500 N Ocean Blvd. It was a nice room close to the pool with a good open floor plan. 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. 387 sq ft. - Homes for sale presented by the Beach Pro Team: 843. Listing courtesy of Listing Agent: Michele Blase () from Listing Office: Realty ONE Group Dockside. 0. Financing/Investment. Click here to get started or call our main branch (866) 418-9219 to speak to a CCNB mortgage specialist. $379,800. Condo in Myrtle Beach. 00%. Long-Term Fixed or ARM Rates. 4785 -1512 Taurus Ln. Poster. By Adam Benson. Ocean Blvd. This document expresses the opinion of Gene Carter, CDPE. Beautiful 3 bedroom/2 bathroom home in the prestigious gated golf course community of Prestwick, located very close to the beach about 1/4 mile away. - Homes for sale presented by the Beach Pro Team: 843. Call 1-866-383-5345 or find a mortgage. Visit hotel website. Provided Horry County. 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. ft. UNIT #406 North Myrtle Beach in Beach Cove - View all 40 photos. . Enjoy all the. 955 Condos For Sale in Myrtle Beach, SC. Receive the Beach Pro Team’s current list of local condo and. Condo For Sale $199,900. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). 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. 18, 2009. Columbia SC. 444. Here to help. Mortgage rates for condos and other types of properties have been volatile in recent years. Many units are operated with hotel-like amenities including a front desk, activities-concierge services, and regular housekeeping service. 455. 36 homes. Condotels have hotel-like amenities and services – unlike the conventional condominiums. washer and dryer recently. Although. Owner Financing available for qualified buyers. Borrowers can also email me at gcho@gustancho. Hopefully, now you understand why your regime fees will easily be $400 to $1500 a month (depending on what condo development) you own. Then there is an HO-6 policy, which is a small interior (walls in) policy you’ll. Located in the heart of Myrtle Beach, The Caravelle Resort Myrtle Beach SC makes it easy to enjoy all of the delicious restaurants, golfing, adventure, shopping, and entertainment that the Grand Strand has to offer. Questions: 803-998-1000. See BBB rating, reviews, complaints, contact information, & more. These could. Coral Beach is an award winning oceanfront resort with excellent rental income! This oceanfront one bedroom has. Petersburg CONDOTEL Financing. This is a dramatic way of saying that these types of structures cannot be financed through fannie mae or freddie mac. 1025 Highway 17 South. Do You Own Your Home? 2. 00. 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. 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. 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. Myrtle Beach and the surrounding areas are a perfect location for a vacation or. The list is based on the Beach Pro Team's years of experience and expertise in condo financing. View current Myrtle Beach, SC mortgage rates from multiple lenders at realtor. Mortgages. 455. Borrowers need a minimum credit score of 599 to qualify. More Details. Unit 5, Myrtle Beach — Birch N' Coppice $275,000. A condotel owner purchases a unit within the property and uses it as a second home or vacation spot. 1990 N Waccamaw Dr. . Apply Now and Get a Quote Today! Get more details. Breath taking views from unit 708, a direct oceanfront 2 bedroom 2 bath lockout condo in the highly desirable Bay View Resort. Live like a pampered guest in a Honolulu. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. Apply Now and Get a Quote Today! Get more details. About the Condotels Golf Colony. Reasons To Refinance; Pre-Approval; Loan Application Info; Loan Application Process; Get Prequalified; News; Testimonials; Contact . Myrtle Beach City Manager John Pedersen previously told The Sun News such an exception would be made since many of Myrtle Beach’s hotels are condotels with rooms. Contact BrickWood Mortgage today at (843) 314-4101. Many of those visitors that come, buy and sell real estate which generates hundreds of millions of dollars in tax revenue for the state of SC. North Beach Plantation. We have the experience and knowledge to help you find the right condo insurance policy for your needs and budget. We also offer our Condo/Condotel Lender List and Closed Sales Histories. 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. . Loans made or arranged pursuant to California Financing Law. Unit 420, Myrtle Beach — Coral Beach $155,000. Condo For Sale In Myrtle Beach, South Carolina. 29582, North Myrtle Beach, Horry County, SC. ALL this beach has to offer!!!!This owner financing home is a townhouse or condo located in MYRTLE BEACH. The units are individually owned. There is no maximum loan size on Condotel Financing Mortgage Loans. The average sq ft home size of South Carolina Beachfront Condos & Villas For Sale Myrtle Beach SC is 956 square feet. Condo for Sale in South Myrtle Beach, SC: Gorgeous Direct Oceanfront 1br/1ba Furnished 3rd floor unit in Landmark Resort! This unit features updates including Brand new 50 inch tv in the living room and 40 inch tv in the bedroom, air conditioning units less than 3 years old, tile floors throughout, Quartz countertops, updated kitchen cabinets, fixtures, outlets, bedding, furniture, bed, and. , 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. Unit 1003, Myrtle Beach — Dunes Village Resort $318,000. Beach Colony. Owner financing available! No hassels with condotel financing! Direct Oceanfront Efficiency Unit. Contact Us Today To Get Started. Former Atlantic Beach town manager William Booker, who owns the 3310 Highway 17 S. APPLY NOW. The condo can even be 5 miles from the “check-in desk”. Overbuilding. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. 2013 New Condotel Financing According to Zillow, the median home value in Myrtle Beach is $167,958 and home values have gone up 2. com (800) 697-4371. Categories > Condo Hotels for Sale in Waikiki. Great location!!!! just minutes from the beach, broadway at the beach, tons of dining options and golf courses. Units require at least a true 1 bedroom. 6 Listings from $218,000. The units are individually owned. Real Estate Brad Emond July 8, 2020 Brad Emond Real Estate at Keller Williams Realty condotels , condotel , condo , condos ,. 30-year fixed. Call ☎ (800) 697-4371. Wells Fargo Bank. 4785 - Home; Search MLS. S - Koa Campground in Myrtle Beach - 2 bd 2 ba 0 ½ ba. Condotel-Loans Condotel Loan. - Homes for sale presented by the Beach Pro Team: 843. Ocean Blvd. I was told there are lenders that will finance a studio condotel so any advice would be much appreciated. Drew CCNB offers special rates and terms for condotels in the Myrtle Beach area. 1 Bed. This ground level 2-bedroom condo is located in the popular Seagate Village. City-Data Forum > U. Qualification based on Property Income, Not Your Income. Financing/Investment. Call ☎ (800) 697-4371. NEW - 4 HRS AGO FOR SALE BY OWNER. Financing Your New Home in Myrtle Beach. Condo Financing and Condotel Mortgages. 455. S Unit 816, Myrtle Beach — Coral Beach $170,000. Financing for Condos. Personal Banking. $189,000 and up - Condo Hotel. 1 Baths. 5905 S Kings Hwy Unit A418, Myrtle Beach, SC 29575 is for sale. Explore our range of condotel financing solutions designed to simplify your investment journey Flexible Condo Hotel Loans. Website. An agent at Better Homes and Gardens Real Estate Elliott Coastal Living can help you look for your beach property today. com (800) 697-4371. 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. Popular attractions Grand Theatre and Magnolia Lake are located nearby. 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. Coral Beach. The simple answer is Yes! Especially now that prices are right in Myrtle Beach. Many of those visitors that come, buy and sell real estate which generates hundreds of millions of dollars in tax revenue for the state of SC. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Condotel Loans. Now, with a population of 30k permanent residents and. Bay View Resort - Myrtle Beach Condos for Sale. 3 bedroom, North Myrtle Beach SC 29582. Write a review. Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (407) 955-4575. Sometimes one size doesn’t always fit all. Condo Financing and Condotel Mortgages. can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach, SC, Charleston, SC Ft. Had some noise complaints the first night but they where delt with. 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. DrewThese condo hotels in Myrtle Beach have great views and are well-liked by travelers: Hilton Myrtle Beach Resort - Traveler rating: 4. Expanded Investor Loans. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific. . M - F 8am -5pm. , Washington, DC 20410 Telephone: (202) 708-1112 TTY: (202) 708-1455Myrtle Beach. North Myrtle Beach Branch. Top Rated. 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. Condotel Mortgage / Condo-Tel Financing / Condops. * 5 Star Steak House Restaurant on-site. Type: ManufacturedHome, Year Built: 2021. Explore our range of condotel financing solutions designed to simplify your investment journey Flexible Condo Hotel Loans. Those.