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Thinking of Buying a House? 10 Steps to Home Ownership

Myrtle Beach Homes, Myrtle Beach Homes for Sale, Myrtle Beach Oceanfront Real Estate, Myrtle Beach Waterfront Real Estate

Thinking of Buying a House?

Home ownership has long been part of the American Dream and one of the best investments that most people will make in their lifetime. Whether you are new to the home buying process or someone who has bought and sold many times before, the road to home ownership requires planning and attention to detail. The following 10 steps to owning a home will give you a guided path that will help make your new home purchase go smoothly.

1. Understand Your Budget – Before you delve into all of the listings of beautiful homes that could be yours, it is important to start with a realistic look at your finances, so that you understand how large of a down payment you can make and what type of monthly payments you can afford.

2. Get a Realtor – Your Realtor will be the best source of information on the current housing market in your area, as well as real estate laws, negotiation techniques, and the different trades and companies who you will need to work with before the home becomes your very own.

3. Loan Pre-Approval – Speaking with a mortgage broker or your banks loan officer will help you understand your pre-approval limits, financing range, and probable interest rates. This is just the first step of the mortgage process, but these numbers combined with the budget numbers from the beginning will give you a solid idea of what home prices you can work within as you search for your new home.

4. Home Search – Now that you have the necessary numbers, it’s time to go take a look at the homes in your price range. Research the neighborhoods and school systems, as well as the proximity to important places like work and shopping. This is where your Realtor will really prove their value and help make sure that you find a home that meets all of your needs.

5. Full Loan Approval – After you have been pre-approved and found a mortgage broker who you would like to work on your loan, it is vital to gather all of the important paperwork and submit the loan application. Once your application has gone through underwriting and you have received full approval for getting a loan, you will be able to lock your interest rate and assure the home seller that your offer to purchase can be financed.

6. Make an Offer – When you have found that perfect home in your price range, you are ready to make an offer to purchase and put a home under contract. Here again your Realtor will be tremendously helpful as they make sure that proper wording is put into the purchase offer to allow for inspections and possible repairs, and guide you through the negotiation process until you reach the price and conditions that satisfies both buyer and seller.

7. Home Inspection – Inspecting your future home is essential so that you are assured there will be no expensive repairs that are required shortly after purchasing the home. If repairs are needed to the roof or homes mechanical systems, the well written offer mentioned above will help define whether the price is reduced or the seller completes the repairs before closing.

8. Insurance – Home owners insurance and title insurance are important parts of the buying process. If you do not know of a local company to work with, your Realtor will have a few recommendations. Aside from being required by the mortgage company, insuring your home and making sure it has a clean title will help prevent any future troubles with the property and your legal ownership.

9. Solve Last Minute Problems – As smooth as we would like the home buying process to be, there are many people involved in each step of the purchase, which means that some problems will arise. For example, mortgage underwriters will need some last minute paperwork, or the inspection will reveal a major repair that requires further price negotiation. Problems and hiccups are the normal. This is again where your Realtors knowledge and expertise will help guide you over the last few hurdles.

10. Closing – Finally you have reached the end of the process, signed the ownership papers, and received the keys to your new home. All the hard work and planning has paid off and now you are the proud owner of your very own home. It’s time to unpack and celebrate.

These are the 10 steps to home ownership that every buyer will need to go through before having the keys of their new home handed to them. By working with knowledgeable professionals and following a solid plan, home ownership can be right around the corner for you.

Preston Guyton is a professional Realtor® serving the Myrtle Beach real estate market. For more information on Myrtle Beach homes & properties, contact Preston today or visit http://www.prestonguyton.com

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Maintain Your Lawn to Sell Your Home

Lawn

Lawn

There is really something to be said for a well-kept and well-loved lawn. It is easy to tell the difference between a lawn that is well cared for and one that has simply been tended to to sell the home. The difference comes in the quality of the grass itself, something that can only come from special care and handling. A really nice lawn can be a real focal point for a yard in a good way or just as easily a bad way. A lawn that is ill-tended can be full of weeds and moss, discolored and untidy. This never makes for a good impression on buyers as they will be looking for reasons to purchase the home, not reasons to pass it by.

One of the worst things you can do to a lawn it to let it get too dry — when it gets too dry, that green lustre is lost. One must keep the lawn watered throughout the dry season, and this is especially true if you are selling a home, as yellow lawns really don’t make great first impressions.

There are a few things that need to be done on a regular basis to ensure the health of your lawn. For starters, it’s a good idea to aerate your lawn at the beginning of the summer season. This process gets precious nutrients down under the lawn and allows moisture into a lawn that is starved for air. Lawns take a beating in the winter, especially in areas where there is snow and a lot of rain. Both of these weather conditions can really have a detrimental effect on a lawn’s health.

A nice lawn can be a huge selling point for a home. Not only is it a beautiful aspect of a home, but it sets up the area where your family spends time in the summer having family gatherings, picnics, and where your kids play. The yard is really a social area and the lawn is its floor. You must keep it in as good a shape as you would with an interior floor. Taking the time to keep things like lawns in shape speaks highly of you as a home owner and that is something that buyers will always take note of.

Preston Guyton is a professional Realtor® serving the Myrtle Beach real estate market. For more information on Myrtle Beach homes & properties, contact Preston today or visit http://www.prestonguyton.com

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Exciting Things In Store For Myrtle Beach

Myrtle Beach Real Estate

Myrtle Beach Real Estate

Myrtle Beach is already a pretty exciting place. With fantastic beaches and some of the country’s most amazing condo developments, Myrtle Beach combines great living with perfect scenery and amenities. Well get ready for another addition to the Myrtle Beach picture that will add a musical note to the city. In the Spring of 2008 The Hard Rock Park is set to open in Myrtle Beach. This is planned to be the world’s first rock ‘n roll theme park and will cover more than 140 acres and is the first major U.S. attraction to be constructed in the last decade. This is directed at bringing even more of a tourist trade to South Carolina.

The new park plans on having more than 40 attractions to engage visitors with, including roller coasters and live music stages. Also featured will be children’s areas, cafe’s and stores. Needless to say that people in Myrtle Beach are excited about this development as it stands to give Myrtle Beach more of a destination drawing feature. The park is looking to incorporate six different areas that are each dedicated to a different aspect of rock music. These will include the entry plaza, rock ‘n Roll Heaven, British Invasion, Lost in the 70’s, Born in the U.S.A. and Cool Country. These areas will cover the many different types and styles of music that has helped to define us as a culture.

This theme park is going to bode well for real estate in Myrtle Beach. With a major attraction now in close proximity it is taking up the same kind of reputation as areas like Orlando with the bonus that it lies right on the beach. There are going to be some really interesting things going on in Myrtle Beach in the coming year, it will be interesting to see what effect the theme park has on the town and on popularity of housing and condos. If history is any indication it will cause a boom in the Myrtle Beach housing industry. There truly are some exciting times ahead for Myrtle Beach, get in on things now while it is still possible! Before long this may be a difficult area to get into.

Preston Guyton is a professional Realtor® serving the Myrtle Beach real estate market. For more information on Myrtle Beach homes & properties, contact Preston today or visit http://www.prestonguyton.com

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Myrtle Beach Cabana District

Myrtle Beach Cabana District

Myrtle Beach Cabana District

Imagine an exclusive beachfront home, only steps from the water for under $80,000! That’s what you’ll find in the cabana district in Myrtle Beach. About a dozen of these 200 square foot beach structures line the shore in this Ocean Boulevard area.

The cabanas have questionable origins; some believe they originally belonged to beach homes across the street that have since been destroyed and replaced with condos. Others say the structures belonged to the Ocean Forest Hotel that stood from 1930 to 1974, and later offered for sale after the hotel was torn down.

In any event these small buildings are among the hottest pieces of real estate in town; only two have come on the market in the last seven years. Generally local realtors maintain lists of prospective buyers, and if a unit or lot becomes available it usually sells within 30 minutes.

Myrtle Beach native, Steve Bailey, purchased his cabana lot after a five minute phone call with his real estate agent. Apparently the building codes were extremely restrictive, requiring numerous permits, installation of a septic system, and underground utility lines. He can’t have a driveway, park on his property, step on the dunes, touch the sea oats or move any of the sand on the lot. Bailey claimed that building the cabana had more restrictions than building a house, but it was worth the effort.

Most residents don’t bother with insurance, as the costs are so high, it’s cheaper to rebuild. However, don’t be fooled, these beach huts may be small, but they’re mighty. One in particular, owned by Kevin Warren and Dean Carroll, is estimated at over 20 years of age. Its solid structure has survived annual hurricanes for years.

Rod Scarborough, a retired bank executive, spent five years trying to obtain his $78,000 piece of the beach located from a 40-foot setback to the high tide mark. His beach home is in use frequently, with an open door policy extended to his friends and family.

These cherished little beach huts have provided an exclusive getaway that only a fortunate few have been able to acquire. Hopefully they will remain for years to come, handed down as heirlooms from generation to generation.

This article was submitted for Preston Guyton, professional Realtor in the Myrtle Beach real estate market. He can provide information and listings for all the neighboring areas including Garden City real estate

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Finding The Right Home – Myrtle Beach

Myrtle Beach Real Estate

Myrtle Beach Real Estate

I know what you are going to say, “In Myrtle Beach all the home are right!” While it is true that this area is like a home showcase a buyer will still have to make a choice of the home they they are to purchase. People that come to Myrtle Beach are immediately struck by the scenery, beaches and stunning homes. In fact there are some of the country’s most amazing and valuable homes located in Myrtle Beach and if you have pockets deep enough then you could find an amazing estate with a price tag between $4 and $6 million with little trouble at all. Of course there are many more reasonably priced options that will appeal to the rest of us who are not jet-setters or royalty.

While the Myrtle Beach area is definitely known for it’s luxury homes, it is also known across the country for the high quality of all homes and the relaxing and laid back lifestyle that seems to be woven into the very fabric of society here. With miles of scenic beach and even more brilliant green golf courses threading their way amongst the community it is hard to imagine a more serene location. Myrtle Beach has also become extremely well known for the proliferation of stunning beach-front condo developments that feature elite amenities and views that are so impressive that it is nearly impossible to describe them in words.

Myrtle Beach is one of those special places that needs to be seen to be believed. This is especially true of some of the homes that populate this area. Truly some of the homes are mind-blowing in both size and luxury. Aside from the homes, there is simply so many different things to do in the Myrtle Beach area that one may have trouble deciding what to do first. Whether your tastes lean more towards a round of golf at one of the local top-rated golf courses, swimming, surfing, fishing or just taking a relaxing stroll along the famous beach; there will never be a shortage of interesting things for one to do here. Dream homes are a few steps closer in Myrtle Beach than one may think, Many of the homes feature easy beach access and great social programs. Myrtle Beach really does offer the whole package to potential buyers and investors alike.

Preston Guyton is a professional Realtor® serving the Myrtle Beach real estate market. For more information on Myrtle Beach homes & properties, contact Preston today or visit http://www.prestonguyton.com

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Revitalizing the Myrtle Beach Area

Home in Myrtle Beach

Buying Home in Myrtle Beach

For many years Myrtle Beach has been one of the premier tourist locations along the eastern seaboard. A stunning city set against a beautiful beach. this area has attracted millions and inspired even more. However, as residents know, the downtown area of Myrtle Beach has had difficulty keeping pace with the increased tourist trade and the needs and demands of that vital industry. With the focus firmly placed outside of the city proper, the need has arisen to revitalize Myrtle Beach’s downtown area and the city has risen to the occasion!

The plan to improve the historic and charming city is founded upon a few notable areas and defined values that have made this city one of the most popular areas in the Eastern U.S. At the center of the revitalization plan is the Grand Strand. Myrtle Beach sits in the nexus of this noted string of beaches and is one of the major attraction points in the area. The city has defined 5 different districts each with a set of development and improvement goals. The Entry District, The North Entertainment District, The Central Amusement District, The South Mixed-Use District, and The Beach District.

Each of these 5 areas will be woven into the fabric that is the new Myrtle Beach. What does this mean for the real estate industry? Opportunity! This development call for a variety of housing options to be constructed and that translated into excellent real estate investment and purchase opportunities. There are exciting things happening in the near future in Myrtle Beach and with the existing culture and scenery it is essentially going to make an already amazing package even more irresistible. This also means a dramatic increase in services and amenities for current residents Along with residential development there will also be an infusion of new commerce and business designed to keep pace with the surging popularity of Myrtle Beach and to provide top-notch and exciting services on a year round basis. Keep looking to Myrtle Beach for exciting developments as this area is renowned for amazing waterfront properties and condos, and there are more going up all the time.

Preston Guyton is a professional Realtor® serving the Myrtle Beach real estate market. For more information on Myrtle Beach homes & properties, contact Preston today or visit http://www.prestonguyton.com

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Buying A Second Home in Myrtle Beach

Home in Myrtle Beach

Buying Home in Myrtle Beach

In an age where investment is possibly the most secure investment available, the process of trying to identify the perfect area in which to invest has become more and more important. There are certain areas in this country that have become synonymous with real estate fortunes, Florida, California, Las Vegas to name a few. But as these markets become more and more saturated, smart investors are looking to other areas as they have seen the focus switching away from these overloaded markets.

As the focus has moved away from these markets there are a few different areas that have started to emerge as areas of potential growth. One such area is Myrtle Beach. Myrtle Beach is an extremely popular resort destination and along with such a designation comes the opportunity for real estate investment. Like many other destination areas, Myrtle Beach has a booming vacation rentals industry that is only showing signs of growth in past years. This has presented a great chance for real estate investors to get in on the ground floor of this booming area.

If vacation rentals are not to your liking and you prefer the stability of long-term renters then you need not worry as Myrtle Beach is also a great place to live and work. The solid industrial core and diverse economy have created a environment of economic growth and prosperity that bodes well for the future of this area. There is also a great system of education here that includes both public and private schooling and a variety of post-educational options including Webster University.

The future is looking bright for Myrtle Beach. With a thriving vacation industry and the emergence of a strong business sector, this area will continue to see growth for many years to come. This is a great time to invest in Myrtle Beach as getting in on real estate in this area will show a great ROI no matter what vein of real estate you choose to place your money in.

Preston Guyton is a professional Realtor® serving the Myrtle Beach real estate market. For more information on Myrtle Beach homes & properties, contact Preston today or visit http://www.prestonguyton.com

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