A condotel allows you to be an owner without the stress of maintenance. Investment property loans Commercial & Residential Condo Hotel Loans. Patricia Grand Resort Hotel. CONDO FINANCING. Explore our range of condotel financing solutions designed to simplify your investment journey Flexible Condo Hotel Loans. USDA. Here to help. 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. At Bankoh Investment Services, we take the time to get-to-know you and understand your financial needs and goals. Department of Housing and Urban Development | 451 7th Street S. The Caravelle Resort: 6900 N. Price cut: $14,999 (Nov 16) 6203 Catalina Dr UNIT 331, North Myrtle Beach, SC 29582. Nestled in the heart of Myrtle Beach next door to the famous Sea Mist Resort and Landmark Resorts guests can find an oasis where family, fun, surf, and sun all go hand in hand. In all states, the principal licensed office of American Financial Network, Inc. Blissful Mortgage Condo loans. And we can tell you for a fact, yes you can! Buying a condo in Myrtle Beach can be a good investment in 2023. 3 bedroom, North Myrtle Beach SC 29582. Myrtle Beach, SC 29572Apache CampgroundResidential. Myrtle Beach / Columbia; Myrtle Beach / Columbia. 2300 N Ocean Blvd. 1,501 sqft. 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. Receive the Beach Pro Team’s current list of local. Our local team of experienced financial advisors will work with you to develop a customized financial plan tailored to help you. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. This document expresses the opinion of Gene Carter, CDPE. $805,449. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. CONDO FINANCING. The main point to consider when buying an oceanfront condo is the location. 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. Financing/Investment. St. (843) 628-3604. Explore the Coral Beach condos for sale in Myrtle Beach SC. Fix and Flip Loans. Mortgages. 503. 3763 Sweetgum St Unit 3763, Myrtle Beach, SC Details ». Financing/Investment. Financing CONDOSin Myrtle Beach. Stay at this business-friendly hotel in Murrells Inlet. The HOA will have to have hurricane (also known in SC as wind & hail), traditional hazard (fire usually), and flood insurances. Borrowers need a minimum credit score of 599 to qualify. We also offer our Condo/Condotel Lender List and Closed Sales Histories. Blog Author and CEO. 2 bedroom, Wildwood Crest NJ 08260. . 2nd Bedroom: 2 double beds, attached bath. Our services encompass condotel loans and loans for non-warrantable condo projects. Click on the green tabs at the top of this page for Floor Plans (floor plans, site plans, numbering grids), Current Listings (all. View current Myrtle Beach, SC mortgage rates from multiple lenders at realtor. Sometimes one size doesn’t always fit all. How to Avoid a Loan Denial New Changes To Condo Lending as of Dec 7th, 2020. A condotel owner purchases a unit within the property and uses it as a second home or vacation spot. The dog-friendly winter rentals are available at reduced off-season rates. condo with a list price of $214900. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. 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. Contact us today at 843-232-7321!5905 South Kings Hwy Unit A418, Myrtle Beach, SC 29575. Archives Personal Finance. Condotel Mortgage Rates; Florida Condotel. Condo in Myrtle Beach. Financing is available when you are looking to purchase a unit in a condotel but it is often more limited than when looking. 5 million. (843) 796-1358. - Homes for sale presented by the Beach Pro Team: 843. Real Estate investment in Myrtle Beach, SC. 3 Beds. , Washington, DC 20410 Telephone: (202) 708-1112 TTY: (202) 708-1455Myrtle Beach. UNIT #406 North Myrtle Beach in Beach Cove - View all 40 photos. Non-Warrantable Condos. Nice residents and friendly staff. I am looking at Myrtle Beach for my first property. Generally speaking, only lenders with in-house programs designed for condotels can finance condotels. North Myrtle Beach, SC 29582. 161 Posts 128 Votes. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Or email us at gcho@gustancho. 1,000 Sq Ft. it's equipped with all. 2 Beds. Those. net. 4. . Marriott's OceanWatch Villas at Grande Dunes - Traveler rating: 4. CONDO RESOURCES. CONDO RESOURCES. Is this Your. Condotel Financing Myrtle Beach, etc. Coral Beach is an award winning oceanfront resort with excellent rental income! This oceanfront one bedroom has. Receive the Beach Pro Team’s current list of local. 3 Beds. 2013 New Condotel Financing; Loan Process. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. View our Myrtle Beach real estate area information to learn about the weather, local school districts, demographic data, and general information about Myrtle Beach, SC. 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. Guthrie "Always Mobile" (843) 446-3444. 1025 Highway 17 South. com. Condotels International Inc. 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. rare and we have it! Get a Condotel Loan Nationwide Codotel Loans A Condotel Loan (condo hotel, order condo-tel, Condo Hotel Financing, etc. Unlike other real estate sectors, which are suffering from capital and financing problems, the market for condotels was flat-out overbuilt — and that takes years to correct. Contact Us Today To Get Started. 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. 2 reviews. 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 pending) and more. We offer 3/1 ARM, 5/1 ARM, and 7/1 ARM Condo Hotel Mortgage Loan Programs, amortized over 30 years. TRV66338---. Just as importantly, you should know that loans for condos usually come with slightly higher interest rates. 4800 S Ocean Blvd. Condo For Sale In Myrtle Beach, South Carolina. You can also use this residence for ready and steady rental income. 345 sq ft. Nov 23, 2023 - View the Best vacation rentals with Prices in North Myrtle Beach. 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. (843) 315-2535. One Ocean Place is a highly sought after condominium complex in Garden City Beach. 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. 455. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). Loan Amounts to $417,000. Now Specializing in Small HOA Property Management (843) 467-8106 Seven Days a Week Property Management for Myrtle Beach & Murrells Inlet Read More Renters? Apply Online with our Convenient Form Rental ApplicationA condotel is a combination of a condominium and a hotel and is a unique type of property ownership. Thanks in advance. 1st Bedroom: 1 king bed, attached bath. 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. 455. Owner Financing Available - Myrtle Beach, SC Home for Sale. 2000 Highway 17 S. For monthly updates on current listings and new closed sales, sign up for our Myrtle Beach Downtown Oceanfront Real Estate News, one of the 50 versions of our e-newsletter. Welcome. This two bed, two bath second floor end unit features an open floor plan and is being sold fully furnished. Malibu Pointe Beach Club: 5 Listings from $285,000: Mar Vista Grande: 3 Listings from $769,500: North Beach Plantation: 17 Listings from $250,000: Prince Resort: 1 Listings from $372,900: Tilghman Beach And Golf Resort: 27 Listings from $320,000: More Myrtle Beach Condos for SaleBuying or selling a foreclosed condo in Myrtle Beach Area, SC,? Let The Harrelson Group help you in all your Myrtle Beach Area, SC foreclosed condominium needs. If you would like more information on condos or condotels in the Myrtle Beach, SC area, reach out to me. 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. For assistance call 843-839-9870 or text STOP to cancel. com. Trump International Hotel and Tower. Get ongoing access to funds with a home equity line of credit by itself or combined with a first mortgage. When you're ready to buy, we'll be here to help. *A $250 refundable cash security deposit is required upon check-in for this unit type. 1,501 sqft. Refer to and input NMLS #237341 to see where American Financial Network, Inc. 00. 1890 Auburn Ln, Myrtle Beach, SC 29575. It’s complicated (but we can make it easy for you). Angle oceanfront units are approximately $89,000 for one bedroom with a. The condo can even be 5 miles from the “check-in desk”. Are You or Your Spouse 62 Years of Age or Older? 3. Apply for a Condotel Loan in Miami Through Lending Bankers Mortgage. The units are individually owned. PRIME DIRECT OCEANFRONT 1 bedroom 1 bathroom furnished unit for sale in Dunes Village Resort. Financing a myrtle beach condotel. 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. It sounds like Vegas. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626) 1830 Marion St. Financing Condos in Myrtle Beach Can Be Tricky. Condotel at 10% APR?? Mike Dawson. (843) 444-LOAN (5626) Home. Owner financing available! No hassels with condotel financing! Direct Oceanfront Efficiency Unit. Born in the talons of Jim Crow, Atlantic Beach was established in 1934 after entrepreneur George Tyson gave the county a $2,000 down payment for development rights on 47 acres between 29th and. 201 N 74th Ave. Special offer. Sheraton Myrtle Beach Convention Center Hotel. 2013 New Condotel Financing; Loan Process. Discussion of potential solutions. 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. Sea Mist Eff/1BA oceanview condo. Many property owners also use their Myrtle Beach condotel for personal use. 161 Seawatch Drive, Myrtle Beach, SC 29572. The largest property for sale is 3,174 sqft and smallest 307 sqft. Financing for Condos. com. 2. Camelot By The Sea - Myrtle Beach Condos for Sale. See BBB rating, reviews, complaints, contact information, & more. Condotels are condominium projects, which are individually owned and operated as a hotel. . net for more info or call 843. . Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. 7, 2023. Enjoy an in-room DVD player, a TV, and cable/satellite TV. » Hotels in Myrtle Beach. Mortgages for Condos and Condotel financing in Myrtle Beach. Premium. - Condo for sale. S Unit 816, Myrtle Beach — Coral Beach $170,000. The units are located within a building that has the amenities of a hotel, including a front desk as well as a cleaning staff. 387 sq ft. Condotel: A condominium project that is operated as a hotel with a registration desk, cleaning service and more. Myrtle Beach, SC 29579; Office: 800. A condohotel, or a condo hotel as it is also called, is a unique type of residential and rental property. MORTGAGE CALCULATOR. If you think that condotel ownership may be for you, we can help you apply for competitive condotel financing in Miami or the surrounding region. Browse photos and listings for the 33 for sale by owner (FSBO) listings in Myrtle Beach SC and get in touch with a seller after filtering down to the perfect home. 5/5. No Exp. rare and we have it! Get a Condotel Loan Nationwide Codotel Loans A Condotel Loan (condo hotel, order condo-tel, Condo Hotel Financing, etc. VA Loans. 219 Camber Rd, Huger, SC 29450. NEW - 4 HRS AGO FOR SALE BY OWNER. Qualification based on Property Income, Not Your Income. Call Us: (843) 839-2430. Most posts I've seen on this topic are old. Now we’re seeking a publicly traded condotel management company. Currently, the condotel purchase market in South Beach, Panama. - Homes for sale presented by the Beach Pro Team: 843. Give us a call 843-839-9870. With more than 400 properties, Garden City Realty has a beach rental. STR rule updates are here –> Bill 41 (CO 22-7) – Oahu’s New Short-Term Rental Rules 2022. Financing/Investment. Destin, Miramar Beach, 30A and Panama City Beach Fl Condo Financing Questions. Many units are operated with hotel-like amenities including a front desk, activities-concierge services, and regular housekeeping service. Hopefully, now you understand why your regime fees will easily be $400 to $1500 a month (depending on what condo development) you own. 3bd. 2 Beds. $239,900. It’s a 60-mile stretch of pristine sandy beachfront with phenomenal views up and down the coast. 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…. Welcome to this fully furnished, 1 bedroom 1 bathroom oceanfront condo in the Coral Beach Resort. 1890 Auburn Ln, Myrtle Beach, SC 29575-5198. View property. 1,654 sq ft. Located on the new Myrtle Beach Boardwalk in South Myrtle Beach, Bay View Resort features 2, 3 and 5-bedroom condos in a 25-story. Contact CondoLux’s Myrtle Beach Condo Sales Team or call (800) 624-6418, we represent vacation property all over the Grand Strand and your needs will be handled by the best professional who can service your. Call ☎ (800) 697-4371. Condo For Sale $235,000. Source: activerain. When this occurs, we can offer. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626). Financing a myrtle beach condotel. 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. Condo hotels are without doubt the most intelligent investment I've ever undertaken, and this investment has helped with some significant returns. - Homes for sale presented by the Beach Pro Team: 843. 1105 S Ocean Blvd. To view info on hundreds more resorts, go to our. 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…. 4785 -Posted 3 years ago. 1 Listings from $649,900. com to schedule your consultation. Contact us today and let Alpha. 1 Baths. condo with a list price of $179000. . Bahama Sands Luxurious Oceanfront and Ocean View Condos. Regarding how you like to bank, we know one size doesn’t always fit all. 1,045 Sq Ft. #K-3. 475 sq ft. 4785 - Home; Search MLS. Myrtle Beach, SC 29579; Office: 800. This 3 bedroom, 2 bathroom condo at The Palms in Myrtle Beach has en. 1601934 MLS. The units are individually owned. Mingle with the fishermen of Springmaid Pier, then stop for ice cream along the boardwalk. However, securing financing for such a unique property can be a complex process. Source: activerain. $242,900. Condotel Financing – As Good As It Gets? Newsletter – July 2013 Loans made or arranged pursuant to California Financing Law. * Premiere Fitness Center. 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. Our business is dedicated to providing those in beautiful Myrtle Beach with personalized, outstanding property management services. APPLY NOW. What Is A Condotel In Myrtle Beach. 30 Year Fixed. Source: acmg. R. Find out everything you need to know about Condotels. Investor. . Amenities Photos Map View Reviews FAQs. First Last. Breath taking views from unit 708, a direct oceanfront 2 bedroom 2 bath lockout condo in the highly desirable Bay View Resort. Condotel Financing Guidelines. Andrew Bay converge – Panama City Beach is a favorite of travelers seeking an affordable beach vacation with year round offerings. High LTV and Interest-Only Options. Indeed, when looking to rent in Myrtle Beach, SC, you can expect to pay as little as $570. As the best rated local lender since 1983, we offer a wide range of financing options tailored to your needs. 2000 Hwy 17 S. Print . $242,900. Currently, there are 224 ACTIVE Condo Listings at this time for the Honolulu Condo Hotels for Sale category. 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. North Myrtle consists of four beaches -- Windy Hill, Crescent Beach, Ocean Drive. Print . com (800) 697-4371. Get started with a free quote today. 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. DrewThese condo hotels in Myrtle Beach have great views and are well-liked by travelers: Hilton Myrtle Beach Resort - Traveler rating: 4. 2 bedrooms. Developers Reconsider the ‘Condotel’. Quiet cul de sac location. The team at Gustan Cho Associates are specialists in condotel financing in Florida and. Brighton Tower Overview. Website. Jumbo Loans. By Adam Benson. 00%. Most posts I've seen on this topic are old. 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,. OK Myrtle Beach Hard Money Lender, BBB A+ Rated, Excellent Rehab Program for Fix-to-Flip Projects. View 28 photos of this 1 bed, 1 bath, 581 sqft. 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. A condotel is just what it sounds like—a cross between a condominium and a hotel. Condotel-Loans Condotel Loan. 1 Beds. 386 sqft. Welcome. 9670 Shore Dr. Sea Mist offers indoor & outdoor pools, a large water park, hot tub/spa, wading pool, lazy river, sun decks, mini golf, 90 seat movie t. Direct oceanfront corner lockout now available at Boardwalk Beach Resort in the heart of Myrtle Beach! This renovated, turnkey 2 bedroom, 3 full bathroom condo can accomm. Seller willing to owner finance! Introducing this ocean view efficiency condo in the most fun place to stay in Myrtle Beach. 2 bathrooms. . Many property owners also use their Myrtle Beach condotel for personal use. Enjoy the. 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,. Ocean Blvd. . Dec. Condos for Sale: Condos for Sale • Little River Condos • Myrtle Beach Condos • Mt Pleasant Condos • Isle of Palms Condos • Wild Dunes Condos Charleston Condos. Condo For Sale $159,900. 426% for a 30-year fixed, 6. Breakers Resort - Myrtle Beach Condos for Sale. Myrtle Beach was the 2nd biggest golf town in America behind Orlando for years, and we haven't even touched on what Hilton Head means to the SC economy. info. [email protected]. 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. Maximum 75% LTV. Master bedroom has 2 closets. 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). We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). Another Myrtle Beach hotel with towering views of the Atlantic Ocean is for sale. info@afbcarolinas. Low-Down-Payment loans : FHA. . (843) 945-1880. 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. Had some noise complaints the first night but they where delt with. A condo insurance policy protects what your homeowners association (HOA) doesn’t. Former Atlantic Beach town manager William Booker, who owns the 3310 Highway 17 S. Bay View Resort - Myrtle Beach Condos for Sale. 2318867 MLS. is a licensed lender. Discover genuine guest reviews for Condotels Golf Colony along with the latest prices and availability – book now. Condotels International Inc. Typically, each of the units within a condotel is sold to an individual owner. Pick the perfect place where watching the ocean from your balcony completely soothes your soul and encourages you to sit for hours and meditate. An agent at Better Homes and Gardens Real Estate Elliott Coastal Living can help you look for your beach property today. RDunn@remn. Apply Now and Get a Quote Today! Get more details. washer and dryer recently. Myrtle Beach, SC 29577. Full pet policy & more. 2 bds; 2 ba; 1,158 sqft - Condo for sale. 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.