Contact GET THE CASH YOU NEED WITH A REVERSE MORTGAGE! 1. North Myrtle Beach, SC 29582. 2 bds; 2 ba; 1,158 sqft - Condo for sale. 613-610 5th Ave. Bridge Dale • 2 years ago. 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. 1,501 sqft. Owner Financing This property will be on the market for a limited time This gorgeous 4-bedroom, 3 bath home is located in Francis Marions. Creative Real Estate Financing; Private Lending & Conventional Mortgage Advice; Real Estate Crowdfunding; Commercial and Multi-Family. Receive the Beach Pro Team’s current list of local. Adam Benson The Sun News. But what is a condominium hotel or condotel? A condo-hotel is a new trend in the Myrtle Beach. Sometimes one size doesn’t always fit all. Okay. Trump International Hotel and Tower. 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. 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. Setup fee. 455. DrewThese condo hotels in Myrtle Beach have great views and are well-liked by travelers: Hilton Myrtle Beach Resort - Traveler rating: 4. Those. 4 bds. Live like a pampered guest in a Honolulu. Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (407) 955-4575. $364,900 USD. . So I was wondering what the reasoning was behind such a high interest rate on condos? 10% is super high. 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,. Condotel financing terms. It sounds like Vegas. . 29577, Myrtle Beach, Horry County, SC. $379,800. Guthrie "Always Mobile" (843) 446-3444. Mortgages. com®. . Units require at least a true 1 bedroom. Show more. 201 W Passaic Street Rochelle Park, NJ 07662 Phone: (800) 876-5626 [email protected] Condotel. 161 Seawatch Drive, Myrtle Beach, SC. Contact Us Today To Get Started. Financing/Investment. Condotel Financing – As Good As It Gets? Newsletter – July 2013 Loans made or arranged pursuant to California Financing Law. 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. Source: acmg. 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. Visit hotel website. North Myrtle Beach, SC 29582. - Homes for sale presented by the Beach Pro Team: 843. 3 Baths. is a licensed lender. $242,900. 3bd. 813 2nd Ave N. 475 sq ft. Take in a foot-stomping show at the Carolina Opry, or cheer on your favorite knight at Medieval Times. 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. North Myrtle consists of four beaches -- Windy Hill, Crescent Beach, Ocean Drive. This is a unique option because rather than selling the loan to Fannie Mae, we fund and service the loan, meaning you will receive your monthly mortgage statement from us, and make payments to us. Non-Warrantable Condos. Investment property loans Commercial & Residential Condo Hotel Loans. net. condo with a list price of $214900. - Homes for sale presented by the Beach Pro Team: 843. info@afbcarolinas. 1105 S Ocean Blvd Unit 832, Myrtle Beach, SC 29577 is for sale. . Investor. 4785 -The average rent price in Myrtle Beach, SC, is $1,315. Myrtle Beach condotels are also a much better investment than timeshares, as timeshares are hard to sell, while condotels are in demand. Explore our range of condotel financing solutions designed to simplify your investment journey Flexible Condo Hotel Loans. Find the best offers for your search owner financing myrtle beach. Unit 1-904, North Myrtle Beach — Yacht Club Villas $619,999. Bay View Resort - Myrtle Beach Condos for Sale. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment. The house always wins. 5/5. Is this Your. 7. Long-Term Fixed or ARM Rates. 1003 S Ocean Blvd. (866) 803-2853. 1 Listings from $649,900. Qualification based on Property Income, Not Your Income. 1st Bedroom: 1 king bed, attached bath. With an average of 320 days of Florida sunshine each year – and 27 miles of sugar-white sands bordering the clear, emerald green waters where the Gulf of Mexico and St. When this occurs, we can offer. Unfortunately, your hometown lender is not going to have such a program but the lenders on. 1 Bed. Patricia Grand Resort Hotel. 7100 N Ocean Blvd #1202, Myrtle Beach, SC 29572. Condotels. Specific property information is deemed reliable but is not guaranteed. Contact Information. It offers in size, 1 beds and 1 baths. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). Website. 2207 S Ocean Blvd #809, Myrtle Beach, SC 29577. 1 Baths. N Unit 1025, Myrtle Beach — Sand Dunes Phase Ii $214,500. 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. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. OK Myrtle Beach Hard Money Lender, BBB A+ Rated, Excellent Rehab Program for Fix-to-Flip Projects. This is a Condotel, and you must abide by the Wildwood Crest Ordinance which is located in Associated Docs. - Homes for sale presented by the Beach Pro Team: 843. Sellers are permitted to pay up to 6% of closing costs. . Condo Financing and Condotel Mortgages. 6813 Porcher Dr Unit 14, Myrtle Beach, SC 29572. If you decide to invest in a short-term rental property in a condotel, here are four tips for getting started: 1. It was a nice room close to the pool with a good open floor plan. 974% for a 5-year adjustable-rate mortgage (ARM). Blissful Mortgage Condo loans. 1025 Highway 17 South. Frequency of contact may vary and message and data rates may apply. The condo can even be 5 miles from the “check-in desk”. An Atlantic Beach town council candidate spent six years in federal prison following a 2007 conviction on multiple drug charges in Virginia, according to court records. We offer a variety of mortgage options: Conventional Mortgages. Sheraton Myrtle Beach Convention Center Hotel. 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…. Myrtle Beach / Columbia; Myrtle Beach / Columbia. Indoor Pools. 29577, Myrtle Beach, Horry County, SC. Many units are operated with hotel-like amenities including a front desk, activities-concierge services, and regular housekeeping service. is a licensed lender. There is no maximum loan size on Condotel Financing Mortgage Loans. 3 Beds. 40-Year Fixed IO. Ocean Blvd. . Condos and Homes for Sale in Myrtle Beach. City-Data Forum > U. . Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific. Angle oceanfront units are approximately $89,000 for one bedroom with a. Here are the highlights of our Condotel program: Borrowers must have a minimum credit score of 680. Condo For Sale In Myrtle Beach, South Carolina. I understand the basics, that the are operated like hotels, you have fairly little involvement and after the 60/40 split (on average. Condotels have hotel-like amenities and services – unlike the conventional condominiums. Locally, we have a handful of local lenders, with very. Bay View Resort. 455. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). A condotel is a. 2 bedrooms. com to schedule your consultation. Condotel Financing and Non-Warrantable Condo Loans are Portfolio Mortgages are available with us at Florida Commercial Real Estate Loan Group. 161 Seawatch Drive, Myrtle Beach, SC 29572. Take in a foot-stomping show at the Carolina Opry, or cheer on your favorite knight at Medieval Times. High LTV and Interest-Only Options. Owner Financing Available - Myrtle Beach, SC Home for Sale. At Movement Mortgage, we do offer condotel financing if the building is indeed a true condotel. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. UNIT #103 North Myrtle Beach in Ocean's Edge Townhomes - View all 38 photos. Condotel Mortgage Rates; Florida Condotel. Long-Term Fixed or ARM Rates. 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. Myrtle Beach SC. 29450, Mount Pleasant, Charleston County, SC. 1 Baths. Known for its 60-mile stretch of beach called “The Grand Strand,” Myrtle Beach was first incorporated as a town in 1938 with a population of 5000 and then transformed into a city in 1957. APPLY NOW. No Exp. I was told there are lenders that will finance a studio condotel so any advice would be much appreciated. com. . is an equal housing lender. There are 2,731 real estate listings found in Myrtle Beach, SC. Myrtle Beach II 8216 Devon Ct Suite 102 Myrtle Beach, SC 29572 ; NE Ohio 1991 Crocker Road, Suite #204 West Lake, OH 44145 ; 888-653-5052; NY MTG Expert. Financing/Investment. I. North Myrtle Beach, SC 29582. It is similar to a hotel in that many times the building actually looks like a hotel, but each individual unit is. Condo Financing and Condotel Mortgages. Currently, the condotel purchase market in South Beach, Panama. When people book a short-term rental, they typically. Get the scoop on the 1474 condos for sale in Myrtle Beach, SC. APPLY NOW. CONDO SPECIALISTS. is. Beach Cove Resort - Traveler rating: 4/5. Medieval Times Dinner & Tournament. Trump International Hotel and Tower. 2 Baths. 1516 Edge Dr. Financing/Investment. Refer to and input NMLS #237341 to see where American Financial Network, Inc. The following are the criteria in which properties would be allowed for condotel financing: The units need to have a full kitchen and a separate bedroom. This ground level 2-bedroom condo is located in the popular Seagate Village. . I understand the basics, that the are operated like hotels, you have fairly little involvement and after the 60/40 split (on average. 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. One Ocean Place Bldg. Financing/Investment. Don’t miss out on this rare opportunity to live in the well sought after Birch N Coppice community! This 3-bedroom 2-full bathroom end. Add in the area’s relatively low cost of living, and it’s not surprising to see. Condo For Sale In Myrtle Beach, South Carolina. Foreign National Loans. Explore the Coral Beach condos for sale in Myrtle Beach SC. 106 Birch N Coppice Dr. Today’s mortgage rates in Myrtle Beach, SC are 7. Gene Carter, CDPE Myrtle Beach Real Estate Sales 1-800-872-4488 GeneCarter@BeachProTeam. Financing is available when you are looking to purchase a unit in a condotel but it is often more limited than when looking. 2013 New Condotel Financing; Loan Process. I know most of them are those condoels which apparently is an old term, but looking for insight. 475 sq ft. 100 North Beach Blvd #606, North Myrtle Beach, SC 29582. (843) 628-3604. All Waikiki Banyan and Waikiki Sunset condos are legal STRs subject to the terms of Bill 41. Type: ManufacturedHome, Year Built: 2021. Compare hotel prices from hundreds of travel sites and get great deals. By Adam Benson. GRAND STRAND COASTAL REALTY. Beach Park Resort - Myrtle Beach Condos for Sale. It’s a 60-mile stretch of pristine sandy beachfront with phenomenal views up and down the coast. 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. Developers Reconsider the ‘Condotel’. The condo can even be 5 miles from the “check-in desk”. Price cut: $14,999 (Nov 16) 6203 Catalina Dr UNIT 331, North Myrtle Beach, SC 29582. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. 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. 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. Condotel Financing Florida Mortgage Rates; Today's Condotel Florida Mortgage Rates; Live Condotel Mortgage Rates. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Months. 3 beds. condotel financing situation is “as good as it gets!” A little-known “secret” is that condotels (condos in developments with check. Boardwalk Oceanfront Tower - Myrtle Beach Condos for Sale. Condos for Sale: Condos for Sale • Little River Condos • Myrtle Beach Condos • Mt Pleasant Condos • Isle of Palms Condos • Wild Dunes Condos Charleston Condos. Enjoy all the. 1033 World Tour Blvd UNIT 105, Myrtle Beach, SC 29579. Investment properties are eligible for the Condotel program. 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. 2013 New Condotel Financing According to Zillow, the median home value in Myrtle Beach is $167,958 and home values have gone up 2. Seaside Realty Company Broker In Charge, E-Pro Certified. 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!!. - Condo for sale. UNIT #103 North Myrtle Beach in Ocean's Edge Townhomes - View all 38 photos. 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. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). Loans made or arranged pursuant to California Financing Law. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy. 3763 Sweetgum St Unit 3763, Myrtle Beach, SC Details ». Please call us at (786) 220-1100 or email info@lendingbankers. The median list price per square foot in Myrtle Beach is $178, which is higher than the Myrtle Beach-Conway-North Myrtle Beach Metro average of $137. Then there is an HO-6 policy, which is a small interior (walls in) policy you’ll. 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. Condos for Sale: Condos for Sale • Little River Condos • Myrtle Beach Condos • Mt Pleasant Condos • Isle of Palms Condos • Wild Dunes Condos Charleston Condos. Owner Financing Available - Myrtle Beach, SC Home for Sale. 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). Pet Friendly. Leave a Comment. 2013 New Condotel Financing; Loan Process. Owner financing available! No hassels with condotel financing! Direct Oceanfront Efficiency Unit. RDunn@remn. Read More. Call ☎ (800) 697-4371. 455. . Nice residents and friendly staff. . 4785 -. Condotel Financing began to be a very popular idea around 2001, because of difficulty in funding a Condotel Loan higher than 50% of the Condotel purchase price. Even if you wanted to buy into a condotel today, it’s doubtful you could find a bank that would finance this loan. 1,654 sq ft. Problem is, the lenders my Realtor has done business with will not do a loan for a studio. Available financing for vacation and 2nd homes up to 85% loan to value to $3,000,000. 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. North Beach Plantation. 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. $189,000 and up - Condo Hotel. 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. Our. Expanded Investor Loans. 4785 -Campobello, South Carolina 1 contribution 1 helpful vote. CCNB offers several flexible checking and savings accounts so you can live on your own terms and find an account that suits you best. Our business is dedicated to providing those in beautiful Myrtle Beach with personalized, outstanding property management services. 1105 S Ocean Blvd. Financing Condos in Myrtle Beach. (843) 444-LOAN (5626) Home. $350,000. View property. 455. 5 miles from Condotels Golf Colony Resort. 1,169 Sq. (843) 444-LOAN (5626) [email protected] Reconsider the ‘Condotel’. Sea Mist Eff/1BA oceanview condo. 2 Baths. We also offer. Dec. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. Financing. Anderson Ocean Club. TRV69318---. Golf colony resort 5p. Inquiries. 2 Baths. Condo For Sale $159,900. 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. A: 1515. Myrtle Mike Thompson. Source: activerain. 455. This condo comes fully furnished and offers fantastic upgrades throughout. - Homes for sale presented by the Beach Pro Team: 843. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626) 1830 Marion St. Top Rated. Receive the Beach Pro Team’s current list of local. net for more info or call 843. The Best Courses, The Best Accommodations, The Best Prices. Forums > South Carolina > Myrtle Beach - Conway area: Condotel purchase on the beach - Myrtle Beach User Name: Remember Me: Password. Owner Financing - Myrtle Beach, SC Home for Sale. St. Miami CONDOTEL Financing. 455. In addition, lenders typically offer more limited options for a condotel loan and may require more paperwork and stricter qualifications. 444. Condotel loans are available for up to $1. . Owner Financing available for qualified buyers. Various Condotel Projects are popping up in Destin, South Beach, Panama City Beach, Palm Beach and Miami. Myrtle Beach Oceanfront Condotel STR Case Study. Unit 1003, Myrtle Beach — Dunes Village Resort $318,000. Real Estate investment in Myrtle Beach, SC. . Owners used as 2nd home. Newly Renovated. A condotel allows you to be an owner without the stress of maintenance. The Atlantic Beach Town Council will soon take a final vote to rezone land for the $80 million project. Ocean Blvd. Bridge Dale • 2 years ago. Financing a myrtle beach condotel. 7/03/2020 - Zillow. ) 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. 1 bd; 1 ba; 537 sqft - Condo for sale. Touch device users, explore by touch or with swipe gestures. 201 N 74th Ave. Myrtle Beach, SC 29579; Office: 800. But in general, the general consensus among condotel mortgage. Trackback from your site. CCNB offers special rates and terms for condotels in the Myrtle Beach area. Had some noise complaints the first night but they where delt with. - Homes for sale presented by the Beach Pro Team: 843. 3 baths. 1 Baths. Live like a pampered guest in a Honolulu. Problem is, the lenders my Realtor has done business with will not do a loan for a studio. The units are individually owned. Condo in Myrtle Beach. Get a condo insurance quote online or call for advice. LOCATION. Even if we can’t help ourselves, we may be able to point you in the right direction. 10 days on Zillow. - Condo for sale. I found Condotel Financing at competitive rates Types of Mortgages Available Principle & Interest Mortgage Options. As the best rated local lender since 1983, we offer a wide range of financing options tailored to your needs. 2 mi (16-min drive) away from the Myrtle Beach Intl. Beach Cove Resort North Myrtle Beach. 1890 Auburn Ln, Myrtle Beach, SC 29575. It’s complicated (but we can make it easy for you). Our mortgage lenders will gladly review your unique situation and find a flexible solution that best fits your lifestyle. 504 North Ocean Blvd #310, Myrtle Beach, SC 29577. Myrtle Beach condotel financing guidelines made easy Our flexible options and expert guidance ensure a seamless experience. A perfect beach retreat, Heron Pond is a condo complex on the north end of Myrtle Beach and a short walk to the ocean. About the Condotels Golf Colony. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. 3bd. Bedroom in Myrtle Beach SC. 5 million. com. 4856 Magnolia North Carnation Circle, Unit: 304, Myrtle Beach, SC 29577. S. ALL this beach has to offer!!!!This owner financing home is a townhouse or condo located in MYRTLE BEACH. A condotel owner purchases a unit within the property and uses it as a second home or vacation spot. 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. Owners use short-term rentals to generate income, listing them on platforms. 6 Listings from $218,000. Barefoot Commons Branch. BridgeWell Capital professionals often finance investments in 10 days or less; no matter your current credit, financial, or employment situation. 813 2nd Ave N. 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. $387,000.