STORM UPDATE - ' They are calling it the Thousand Year Flood ' - Myrtle Beach, SC
STORM UPDATE - Myrtle Beach Flooding - Pawleys Island Flooding - Garden City Flooding - Surfside Beach Flooding

    I hope you and the family are safe and didn't get caught in any of the recent storms we've experienced throughout South Carolina.    

The worst of the flooding has come and gone! The rain has stopped and the flood waters have started to subside. Over the last 72 hours we’ve had 1,000’s of phone calls, emails, and text messages expressing concern and/or were interested in a local’s perspective of the flooding since the media is somewhat designed to only report the news that will result in the highest ratings.

The flooding was more severe in some areas of Myrtle Beach than others.  Sunday and Monday most businesses were closed. Today (Monday) Horry and Georgetown County schools and Government Offices were closed. Tuesday schools, businesses, and government offices will be opening with a delay and some will remain closed depending on their location along the Grand Strand.

   

Below is a brief description of the severity of the flooding per area.    

North Myrtle Beach, Cherry Grove, Little River – Significant / life threatening Flooding. *Some properties did experience significant damage. If you have pictures of the flooding in North Myrtle Beach; Please post them to www.facebook.com/NorthMyrtleBeachSC    

The City Of Myrtle Beach – Moderate flooding, but overall not life threating or severely damaging. If you have pictures of the flooding in Myrtle Beach; Please post them to http://www.facebook.com/BuyMyrtleBeachRealEstateCarolina

Carolina Forest Area of Myrtle Beach – Significant flooding in many neighborhoods due to lakes and ponds overflowing. Portions of Highway 501 was closed due to severe flooding. Sections of I-95 just outside Myrtle Beach were also closed because of the flooding. *Some properties did experience damage. If you have pictures of the flooding in Myrtle Beach; Please post them to www.facebook.com/BuyMyrtleBeachRealEstate    

Socastee Area of Myrtle Beach - Significant flooding in neighborhoods/properties on or close to the waterway. Some flooding inland, but not severe in most communities. *Some properties did experience damage. If you have pictures of the flooding in Myrtle Beach; Please post them to www.facebook.com/BuyMyrtleBeachRealEstate

   

Forestbrook Area of Myrtle Beach Moderate flooding in select neighborhoods. *Some properties did experience damage. If you have pictures of the flooding in Myrtle Beach; Please post them to www.facebook.com/BuyMyrtleBeachRealEstate    

The Waccamaw River, The Black River, The Sampit River, The Intracoastal Waterway, and other River Systems that run through Georgetown and Horry Counties flooded homes and property located within a few hundred feet. The waterways also spilled over onto some roads throughout the area causing washouts and some sink holes. *Some properties did experience significant damage.

Surfside BeachVery little to no flooding throughout the Town of Surfside Beach (this also includes the areas surrounding Dogwood Lake). The area did experience light flooding east of ocean blvd.  Some Neighborhoods west of Highway 17 with several ponds/lakes throughout the communities did experience some ‘road closing’ flood waters. *Most of the flooding did not cause any damage. If you have pictures of the flooding in Surfside Beach; Please post them to www.facebook.com/SurfsideBeachSouthCarolina    

Garden City Beach - Significant Flooding. *Some properties did experience significant damage. If you have pictures of the flooding in Garden City Beach; Please post them to www.facebook.com/GardenCitySouthCarolina

Murrells Inlet – Little to no flooding throughout most of Murrells Inlet with the exception of neighborhoods with ponds/lakes and neighborhoods on/or close to the River. There was also some flooding from the Salt Marsh during high tides. *Most of the flooding did not cause any damage. If you have pictures of the flooding in Murrells Inlet; Please post

them to www.facebook.com/MurrellsInletSC

 

North Litchfield Beach & Litchfield Beach – Little to no flooding throughout most of the Litchfield Area with the exception of North Litchfield Beach that experienced flooding on some streets. Little to no beach erosion was caused by the storm. *Very little to no damage caused by the flooding. If you have pictures of the flooding in Litchfield Beach; Please post them to www.facebook.com/LitchfieldBeachSouthCarolina    

 

Pawleys Island – Major flooding occurred on the island in addition to severe erosion on the beaches. The mainland (west of 17) did experience minor flooding but fared much better than the island, itself. *Damage was caused by the flooding, but a majority of the damage was concentrated to homes on the island. If you have pictures of the flooding in Pawleys Island; Please post them to www.facebook.com/PawleysIslandSouthCarolina

   

Georgetown – Significant / life threatening Flooding. *Some properties did experience significant damage. If you have pictures of the flooding in Georgetown; Please post them to www.facebook.com/GeorgetownSouthCarolina    

For more pictures from the recent flooding in the Myrtle Beach area; Please visit our official Facebook Page by CLICKING HERE or copy and paste the following URL to your browser:    

 www.facebook.com/HomesForSaleMyrtleBeach  

https://media.point2.com/p2a/emailcontent/ac80/0356/7e51/b5baf80151e6fe23dd8a/original.jpg

DISASTER - MYRTLE BEACH FLOODING - CLOSING DELAYS

Please be advised that for any closings you have in the coming days that is a financed property, the lenders are going to be required to order a final inspection even though an appraisal has been completed and the property didn’t incur any damage. This is a “FEMA disaster inspection interior/exterior” due to Horry AND Georgetown Counties being named Federal Disaster areas.

In order not to delay a closing I would speak to any lenders you are working with to make sure they have ordered this inspection.

Re-inspection may be performed by the following:

Appraiser

Homeowners Insurance Company

Licensed Home Inspection Company

The re-inspection must state the property is habitable and contains no evidence of damage based on the exterior inspection.

Any property with damage must be re-inspected by the original Appraiser.

The re-inspection should list necessary repairs.

Repairs must be completed prior to closing, evidenced by a final inspection with photos.

If a conventional or government loan, lender and borrower to sign ‘Lender Certification for Disasters’.

If a VA loan, lender and borrower to sign ‘VA Lender Certification for Disasters’.

 

If you have any questions or concerns, please feel free to call or text me at 843-240-0431

 

Your Myrtle Beach & Pawleys Island Area Realtor,

Jake Lee

www.SCRealEstatePartners.com



BREAKING NEWS in Myrtle Beach, SC - Farmers feeding their chickens ice

It's so Hot, Farmers are feeding their chickens crushed ice to keep them from laying hard-boiled eggs.

Haha, ok...well…maybe not... but now that I have your attention: Check out these tips to keep your home and, more importantly, your family cool this steamy summer season!

As warm weather rolls across most of the country, it’s time to start thinking about how to protect and care for your home when the mercury soars. What can you do to ensure the summer sun doesn’t cause damage to your home?

Heat stays out, cool stays in.
That’s the general idea, right? Check the weather stripping around doors and windows to make sure you don’t have a leak where your air conditioning can escape. This is a good time to assess the state of your insulation as well. Many power companies also offer home energy-efficiency assessments — often at no cost — to help you pinpoint places where the heat is creeping in, and often they’ll supply solutions too.

Perform an A/C checkup.
Don’t wait until you really need the air conditioning to make sure it's working properly! If something goes wrong at the height of summer, it could be weeks before repairs can be made. Replace your HVAC unit’s filters, and consider having your air ducts and vents cleaned out and the seals checked.

Turn it around.
Your ceiling fan, that is: Many types have a way to reverse the direction they spin. In summer, the blades should rotate counterclockwise in order to maximize the fan’s beneficial effect on your home’s temperature.

Scout the perimeter.
Most people spend more time outdoors when temperatures rise. Check the boundaries of your property for damage to fences, security lights, and gate locks. Clear away any long grass that may have grown up next to fences as they can harbor fleas and ticks. Reset timers on sprinklers and outdoor lights in consideration of the longer hours of daylight.

Paint: It’s not just for looks.
Although we generally think of a new coat of paint as a cosmetic indulgence, it actually helps to protect the home from the effects of strong heat and sun. While you’re at it, check the deck to see if it needs a fresh coat of sealant as well. Washing the windows will ensure you can enjoy the summer sunshine. And speaking of windows, check screens and shutters for damage too.

Prepare to party.
If you love to entertain outdoors, or you want to live off barbecue for the next few months, your summer fun equipment will need a good once-over. Hose down patio furniture and check cushions to see if they would benefit from a good wash and a chance to dry in the fresh air or if they’ll need to be replaced. Clean off the bbq and fill the propane tank [or stock up on briquettes].

Scale the heights.
Before it gets too hot, an inspection of the roof and attic is a great idea. Check outside for missing shingles or other signs of damage. Trim back tree branches that could be used by local critters as stepping stones to get onto and then under your roof. Check out the gutters while you’re up there too. Then head inside to examine the attic for leaks, holes, and signs of animal trespass.

We may think of summer as a time for vacations, but we never really get a vacation from taking care of our homes. I hope these tips help you have an enjoyable summer!


If you are in the market to purchase or sell real estate in the area, give Jake Lee a call for a free (no obligation) consultation at 843-240-0431. You can also visit Jake online at www.SCRealEstatePartners.com


Mortgage Rates Continue Disturbingly Higher - May 4, 2015

Don't miss the opportunity to buy and sell before mortgage rates go up! Call Jake Lee at 843-240-0431 for your Real Estate Brokerage needs OR Dan Dickson for your mortgage financing needs at 843-251-8789.

Mortgage Rates Continue Disturbingly Higher May 4, 2015 Mortgage rates continued higher today, extending a troubling move up to the highest levels since early March. Normally, movement in domestic interest rates is driven by economic data and inflation expectations. This time around, neither of those quintessential indicators are showing much cause for concern. Instead, it's European market movements that have done the most to push rates higher in the US for the past 2 weeks. Today, specifically, Europe's 10yr benchmark continued a 2 week push the highest levels since Mid January! Rates in the US aren't weakening at the same pace, but are nonetheless being dragged higher.

Most lenders are now quoting conventional 30yr fixed rates of 3.875% to top tier borrowers. Some are approaching 4.0% while a scant few remain at 3.75%. As we discussed last week, this is a serious move higher. At that time, we were able to observe that the long term trend toward lower rates has not yet been defeated. After today's weakness, we've moved to the very edge of that long term trend and have yet to see any indication that rates will bounce back down. That could happen at any time, but until it does, the best strategy is to lock loans as if that bounce won't happen. Keep in mind that if such a bounce does materialize, it will make a lock decision seem like a very bad idea in hindsight, but consider if you'd rather have the frustration of NOT locking only to watch rates continue higher.

Loan Originator Perspective "More red ink on MBS screens today, as rates rose again. We've broken previous strong support levels, and the end is not in sight yet. Floating borrowers need to honestly assess their risk tolerance from here. Just because rates were lower a week or two ago, it doesn't mean they're headed back there soon. A strong jobs report on Friday could take rates to levels last seen last November. Let's hope it doesn't come to that, but it's safe to say the trend is NOT our friend for now." -Ted Rood, Senior Originator

 

Today's Best-Execution Rates 30YR FIXED - 3.875% FHA/VA - 3.75 15 YEAR FIXED - 3.125-3.25 5 YEAR ARMS - 2.75 - 3.25% depending on the lender

 

Ongoing Lock/Float Considerations 2015 began with a strong move to the lowest rates seen since May 2013. The catalyst was Europe and the introduction of European quantitative easing. It's a highly uncertain time for global financial markets. On the one hand, some believe we're in the midst of a race among world central banks to devalue currencies and lower interest rates. Others believe that the global economy is turning a corner and rates will grind higher. That had been creating a lot of volatility, which made for uncertain fluctuations from day to day. But those periods of volatility have been interspersed by utter indecision where rates are effectively drifting sideways with no conviction and no desire to get off the fence With European QE having now begun, we're on high alert for a big picture bounce in European economic data, sentiment, growth, and rates. The more it looks like such a bounce is taking hold, the greater the risk that domestic bond markets and mortgage rates will also experience a big bounce higher. There was a possibility that the bounce occurred in February, but European bonds got back to the task of improving in March. This helped calm the domestic bond market's move toward higher rates. April's weak employment report helped solidify it. Unfortunately, this didn't result in a strong move past the year's previous lows. In fact, rates at home and abroad hit a floor of sorts and flat-lined. They've begun moving higher at a quick pace, and we're once again forced to confront the possibility that this will be a bigger, longer-lasting correction. Until such a thing can be ruled out, Locking makes far more sense. As always, please keep in mind that the rates discussed generally refer to what we've termed 'best-execution' (that is, the most frequently quoted, conforming, conventional 30yr fixed rate for top tier borrowers, based not only on the outright price, but also 'bang-for-the-buck.' Generally speaking, our best-execution rate tends to connote no origination or discount points--though this can vary--and tends to predict Freddie Mac's weekly survey with high accuracy. It's safe to assume that our best-ex rate is the more timely and accurate of the two due to Freddie's once-a-week polling method).

 

 Don't miss the opportunity to buy and sell before mortgage rates go up! Call Jake Lee at 843-240-0431 for your Real Estate Brokerage needs OR Dan Dickson for your mortgage financing needs at 843-251-8789.

www.SCRealEstatePartners.com 

Spring 2015 - Housing Market Update

Myrtle Beach, Murrells Inlet, Pawleys Island Real Estate Expert Jake Lee 843-240-0431  

NATIONAL HOUSING MARKET UPDATE - SPRING 2015 

Existing Home Sales

Sales of existing homes hit an 18-month high, with transactions of single-family homes, townhomes, condominiums and co-ops, advancing 6.1 percent to an annual rate of 5.19 million in March, according to last week’s report form the National Association of Realtors. Compared annually, March’s sales were 10.4 percent above a year ago, which marked the largest annual increase since August 2013’s 10.7 percent increase.

“The combination of low interest rates and the ongoing stability in the job market is improving buyer confidence and finally releasing some of the sizable pent-up demand that accumulated in recent years,” NAR chief economist Lawrence Yun explained.

The median price for existing homes of all types in March hit $212,100, which marked a 7.8 percent above March 2014. Total inventory of existing homes for March — a key figure real estate watchers are monitoring as it impacts prices — grew 5.3 percent to 2 million existing homes available for sale.

“The modest rise in housing supply at the end of the month despite the strong growth in sales is a welcoming sign,” Yun noted. “ … More listings and new home construction are still needed to tame price growth and provide more opportunity for first-time buyers to enter the market.”

New Home Sales

Meanwhile, sales of new homes were a mixed bag. On the face of things, transactions of new single-family houses in March plummeted 11.4 percent to an annual rate of 481,000, according to last week’s report from the Census Bureau and the Department of Housing and Urban Development. However, given that February posted the strongest sales month for new homes in seven years, it’s not surprising that March wouldn’t maintain that pace.

Moreover, what is also noteworthy is that, compared on annual basis, March’s sales were a whopping 19.4 percent higher the March 2014’s pace of 403,000. That is room for confidence in the spring selling season’s vitality.

“Our expectation is that the strengthening of demand is sustainable and should drive new-home sales for all of 2015,” Richard Dugas Jr., CEO of homebuilding giant PulteGroup Inc. told the Wall Street Journal.

Looking at price and supply, the median sales price for new homes sold in March was $277,400 and the average sales price was $343,300. The estimated supply new homes for sale at the end of March was 213,000, representing 5.3-month supply.
                                         

Myrtle Beach, Murrells Inlet, Pawleys Island Real Estate Expert Jake Lee 843-240-0431   

Staging your home to sell - It's not going to be easy !

In a manner of speaking, staging your home is putting its best foot forward: you're setting up each room to look inviting to prospective buyers of all types. Showcase your home’s best features, and minimizes any flaws.

It’s hard to show your home while you’re still living in it, but you need to think about what a new homeowner will be looking for: a fresh start and a place for their family and their belongings. You want your home to appeal to the most number of people possible. Keep these tips in mind to help your home sell quickly and for more money!

Clean and clear
Ideally, you’d start with a completely empty home, painted in neutrals and perfectly clean. In reality, you get as close to this ideal as you can by boxing up personal items, clearing out closets and stacking everything neatly in your tidy and [now] organized garage and attic. Items that must stay out in the open need to go in bins or baskets to keep your home free of clutter. This includes toys and kitchen and bathroom items you need to use daily. And of course everything must be dusted and cleaned of fingerprints and footprints!

Start the staging
Your rooms should look inviting, but they still need to have the minimum furnishings possible so buyers can imagine their own belongings in there more easily. Play to the strengths of each room by accenting its best features. Create conversational groupings in common areas.

Light it up
Bright lighting make the room look warm and welcoming. Chase away dark corners by using both ambient lighting and accent lights.

Head outside
Your patio and yard should also be selling features. Clean up the furniture, make sure the cushions aren’t sun-faded, and get the garden in shape. If you don’t have a green thumb, large potted plants can dress up the exterior.

Make every space count
Dress up a Spartan guest room with a comfy chair and pretty lamp to create a cozy reading spot. The guest room should be obviously a guest room; the same goes for the office. Ambiguity in a room’s purpose can be confusing to homeshoppers. Make it clear what each room is for. If you have an oddly shaped landing, or a little nook in the living room, don’t ignore it: show its potential.

Keep up daily
This can be the hardest part! But while your home is on the market, you need to keep the garbage empty, the laundry folded, the pet toys out of sight, and the cap on your toothpaste.

 

When looking for a Realtor to SELL your property and not just 'list it', give Jake a call for PROVEN results, honest answers, and dedicated service.) 

Feel free to call or text Jake Lee anytime at 843-240-0431 

Visit us on the web at www.SCRealEstatePartners.com 

Is your Realtor DTF?

Is your Realtor DTF?!?!?!?! Jake Lee is! #JakeLeeRealEstate is 'DOWN TO FLY' using the latest tools and technologies to get your home SOLD! *Check out our newest tool for ariel photography to help capture your home's best view! Call Jake Lee - Myrtle Beach & Pawleys Island Top Realtor at 843-240-0431 to schedule a private no obligation consultation, today.

 

Myrtle Beach Real Estate

 

Regulatory Changes that Affect You - Heating and Cooling - HVAC Systems
As of January 1, 2015, the U.S. Department of Energy (DOE) released new Seasonal Energy Efficiency Ratio (SEER) changes for residential and commercial HVAC equipment. These changes significantly increase the cost to replace an air conditioning or heat pump system. Across the country*, homeowners who are in need of HVAC repairs must ensure their system complies with the equivalent of 14 SEER or higher efficiency. The same is true for air conditioners in the south and Southwest regions. In the Northern region, air conditioners may be replaced with 13 SEER or higher. Fortunately, 2-10 Home Buyers Warranty’s industry exclusive HVAC Plus option relieves the financial stress caused by these ever-changing, always increasing regulations. This option provides Buyer Coverage up to $1,000 for costs related to government regulations and code violations. Jake Lee is offering a free 1yr home warranty for all new Myrtle Beach, Pawleys Island, and Murrells Inlet area real estate listings from March 1st - March 31st. Contact Jake directly at 843-240-0431 OR visit him on the web at www.SCRealEstatePartners.com *Some terms apply. To qualify for a free home warranty; your property must be listed for sale with Jake Lee prior to March 31st and you must mention this posting at the time of your listing. Save 1,000's on HVAC repair/replacement !!!
Creekside Cottages Murrells Inlet SC Homes for Sale - 2014 Market Update

Creekside Cottages in Murrells Inlet

Creekside Cottages is a neighborhood consisting of approximately 30 to 40 homes and/or homesites located in the 'Waterfront Section' of Murrells Inlet that many of the locals refer to as simply being ' The Inlet '. Creekside Cottages is conveniently located directly across from the public boat landing in Murrells Inlet and adjacent to Belin Methodist Church.  The homes in Creekside Cottages are of a 'coastal style' with appointments such as 'coastal color exteriors' with hardiboard siding, metal roofs, and 'raised beach' elevations.

Below is a recap of the most recent sales in Creekside Cottages to give you insight on this market:

In 2014 Sales in the community remained at a good pace. However, many of the sales were NEW HOMES in the low 300k range. The market has traditionally always been very limited in this community, but there has always been at least 1 home on the market at any given time over the last few years. 

 

ACTIVE            519 Belin Drive                                   $329,000              4br/3ba 2400htd sqft       

   (Click here for a real time look at property currently for sale in Creekside Cottages)          

SOLD 4260 Hwy 17 Business                          $325,000         4br/3.5ba 2500 htd sqft

SOLD  531 Belin Drive                                       $320,000            3br/3ba 2300 htd sqft

 

PEND. CNTGT. ON FINANCING         39 Cottage Drive              $329,900               3br/3.5ba      

PEND. CONTINGENT CONTRACT      Lot 22 Triggerfish Lane    $339,000               4br/3.5 ba

PENDING SALE - CASH TERMS          51 COTTAGE DR.               $273,000               3br/2ba

 

Jake Lee, Broker, Realtor, Cren
843-240-0431

www.SCRealEstatePartners.com

Blackmoor in Murrells Inlet, SC - Upscale Golf Course Community

Blackmoor is an upscale custom and semi custom home community in Murrells Inlet, South Carolina. The coveted Blackmoor community is located just a few miles inland down Highway 707 in the 'Prince Creek Area'. Blackmoor offers a wide range of homes for sale to fit all tastes and budgets from the larger brick homes on the golf course in the 300,000's to smaller 2br condos that can occasionally be purchased for under $100,000. For more information on this neighborhood and others in Murells Inlet, SC - Please call Jake Lee at 843-240-0431 for a no obligation consultation

 Below is a list of Homes For Sale and recently SOLD property in Blackmoor.

( You can also CLICK HERE for a REAL TIME list of property for sale in Blackmoor )

 

1. ACTIVE     9836 Winchester Court                       $234,900                  3br/2ba
2. ACTIVE     9833 WINCHESTER COURT          $239,900                  3br/2ba
3. ACTIVE     1185 N BLACKMOOR DRIVE       $259,000                  3br/2ba
4. ACTIVE     9820 Belfry Ct                                    $263,000                  4br/2.5ba
5. ACTIVE     6501 Wellington Drive                       $307,900                  4br/2ba
6. ACTIVE     6430 LONGWOOD DRIVE             $310,000                  4br/2ba
7. ACTIVE     6371 Longwood Drive                       $359,000                  4br/3.5ba
8. ACTIVE     TBD Waterhall Dr                              $385,000                  3br/3.5ba
9. ACTIVE     6572 Wellington Drive                       $400,000         3br/3ba & 2 half baths
------------------------------------------------------------------------------------------------------------PENDING SALES – EMAIL JakeLeeRealEstate@Gmail.com for more information and/or to be notified by email immediately when these properties close

1. PENDING SALE - CASH TERMS          6706 Oakmere Ct                            4br/2.5ba
2. PEND. CNTGT. ON FINANCING           6332 LONGWOOD DRIVE                    3br/2ba
3. PEND. CONTINGENT CONTRACT      6524 Wellington Drive                   3br/2.5ba
4.  SALE - CASH TERMS                            6324 Longwood Drive                   3br/2ba
______________________________________________________________________________

SOLD – CLOSED SALES – 2014

1. SOLD -- 6463 Longwood Drive                                     $212,000            3br/2ba
2. SOLD -- 1171 N Blackmoor Drive                                  $250,000            3br/2ba
3. SOLD -- 1142 N Blackmoor Drive                                 $278,500             4br/3.5ba
4. SOLD -- 6424 Longwood Drive                                     $282,700                        3br/2ba
5. SOLD -- 6224 Longwood Drive                                     $283,500            3br/2ba
6. SOLD -- 6231 Longwood Drive                                     $288,000            3br/3.5ba
7. SOLD -- 123 Waterhall Drive                                         $295,000            4br/3ba
8. SOLD -- 6248 LONGWOOD DRIVE                           $305,000            4br/3.5ba
9. SOLD -- 1175 N BLACKMOOR DRIVE                                 $305,000            4br/3.5ba
10. SOLD -- 606 Ivey Ridge Court                                     $340,000            4br/3ba

ALL HOMES FOR SALE IN BLACKMOOR ARE AVAILABLE AT THE FOLLOWING LINK

 

http://jakeleerealestate.realgeeks.com/search/results/?city=Murrells+Inlet&neighborhood=Blackmoor&type=res&list_price_min=all&list_price_max=all&area_min=all&beds_min=all&baths_min=all&new_property=all&pool=all&lot_location=all&short_sale=all

 

 

North Litchfield Beach - Market Update - 2014

Looking for a property in North Litchfield Beach or considering selling? 

So far in 2014, there have been 10 HOME SALES in North Litchfield Beach and SEVERAL vacant building lots sold. 

Please feel free to call me at 843-240-0431 if there is anything I can do for you, a family member, or a friend.

You can also email me at JakeLeeRealEstate@gmail.com  to be updated via email immediately when there is a NEW CLOSED SALE or NEW LISTING in Waccamaw Trace.

 I look forward to hearing from you!

Thanks, Jake Lee

www.SCRealEstatePartners.com

 (Jake Lee is among the top 1 percent of the MLS, top 20 top producing agents in the region with Keller Williams Realty, and has been recently awarded by REALTrends as one of America’s Best Real Estate Agents. When looking for a Realtor to SELL your property and not just 'list it', give Jake a call for PROVEN results, honest answers, and dedicated service.)

 

SOLD HOMES in 2014 – (North Litchfield Beach – Waccamaw Lakes – Waccamaw Trace)

56 Shorebird Loop – CLOSED FOR $1,840,000
21 Shorebird Loop – CLOSED FOR $1,500,000
966 Parker Drive– CLOSED FOR $1,350,000
59 Streater Lane – CLOSED FOR $805,000
95 Fairfield Lane – CLOSED FOR $550,000
105 Summertime Lane – CLOSED FOR $522,400
403 Middleton Drive – CLOSED FOR $485,000
18 Windover Drive – CLOSED FOR $432,000
291 Lakeshore Drive – CLOSED FOR $400,000
118 Fenwick Road – CLOSED FOR $340,000

SOLD LAND (Building lots) in 2014 – (North Litchfield Beach – Waccamaw Lakes - Waccamaw Trace)

Lot 33 Cayman Loop – CLOSED FOR $159,000
352 Lakeshore Drive – CLOSED FOR $165,000
Lot 56 Cayman Loop – CLOSED FOR $176,000
Lot 6 Hanover Street – CLOSED FOR $200,000

 

ACTIVE (FOR SALE) HOMES – (North Litchfield Beach – Waccamaw Lakes - Waccamaw Trace)

Currently 33 homes for sale ranging from $350,000 to $2.2M –

Email JakeLeeRealEstate@Gmail.com for a detailed list of homes for sale or click here

 

ACTIVE (FOR SALE) LAND – (North Litchfield Beach – Waccamaw Lakes - Waccamaw Trace)

Currently 38 Building Lots for sale ranging from $100,000 to $1.9M –

Email JakeLeeRealEstate@gmail.com for a detailed list of building lots for sale or click here

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The Bluffs on the Waterway in Myrtle Beach - Real Estate Market Update - Summer of 2014

JAKE LEE, Broker/Realtor/Cren - 843-240-0431
www.SCRealEstatePartners.com

I hope you and the family are doing well! I wanted to take a minute and give you an update on what's going on in your wonderful community!! The Bluffs on the Waterway INVENTORY is relatively LOW and DEMAND is HIGH for Custom Waterway Communities. There are many prospective purchasers 'on the hunt' for a custom home IN YOUR NEIGHBORHOOD!

THERE HAVE BEEN A WHOOPING 5 Custom Homes SOLD in your community SINCE January of this year!

Right now is a fantastic time to SELL in The Bluffs on the Waterway and here is why:

The market inventory in the Bluffs on the Waterway is relatively LOW with only 8 homes currently FOR SALE (ACTIVE) and 4 homes UNDER CONTRACT. Demand for homes in Gated Waterway Communities is HIGH .There is a potential to SELL your home for SLIGHTLY more than ‘market value’

An average estimate of 'time on market' to sell your property at a slightly above market price would be 3 to 6 months and often times LESS THAN 3 MONTHS from contract to closing IF you decide to price your property at Market Value. (These time frames will vary depending on your home’s price range, location, and condition). In fact JAKE LEE often times sells his listings within less than 30 days. Just this month Jake has listed and sold several homes WITHIN DAYS!

 Depending on condition, location, and upgrades - AVG Market Value for existing home sales in the Bluffs on the Waterway range between 100/total sqft to 120/total sqft (Suggested list prices approx. 5% above values and more in some cases, call for a detailed analysis) –

PLEASE CALL ME (Jake Lee) AT 843-240-0431 FOR MORE DETAILED INFORMATION, TO SCHEDULE A NO OBLIGATION (CONFIDENTIAL) APPOINTMENT, OR TO LIST YOUR HOME/CONDO FOR SALE IMMEDIATELY.

 I look forward to hearing from you!

Thanks, Jake Lee

(Jake Lee is among the top 1 percent of the MLS, in the top 20 top producing agents in the region with Keller Williams Realty, and a TOP BROKER with Keller Williams Realty for the last 8 years. When looking for a Realtor to SELL your property and not just 'list it', give Jake a call for PROVEN results, honest answers, and dedicated service.)

**** SEE BELOW FOR A LIST OF SOLD AND ACTIVE HOMES IN THE BLUFFS ****  

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ACTIVE           - 965 Bluffview Dr                         $329,900                      3br/2ba – 2800sqft

ACTIVE - 146 Avenue of the Palms          $379,999                       4br/3.5ba – 2600sqft

ACTIVE - 3087 Marsh Island                      $389,900                       3br/3ba – 3300sqft

ACTIVE - 4021 Captiva Row                    $399,000                     4br/4.5ba – 5400sqft

ACTIVE - 997 Bluffview Dr                   $424,900                     4br/3ba – 3400sqft

ACTIVE - 9013 Loggerhead Court         $435,900                     4br/3ba – 3900sqft

ACTIVE - 234 Avenue of the Palms       $574,200                      5br/4.5ba – 5500sqft

ACTIVE - 893 Bluffview Drive              $575,000                      5br/3.5ba – 5300sqft

PENDING - 993 Bluffview Drive                                                                (CALL FOR INFO)

PENDING - 3055 Marsh Island Drive                                                       (CALL FOR INFO)

PENDING – 707 Edgecreek Drive                                                             (CALL FOR INFO)

PENDING - 7001 Turtle Cove Drive                                                          (CALL FOR INFO)

SOLD    695 Edgecreek Drive                      $410,000                      3br/3.5ba – 3900sqft

SOLD    8032 Bird Key Court                       $415,822                       4br/3ba – 4099sqft

SOLD  3086 Marsh Island Drive               $424,900                3br/3ba/2 half ba – 3600 sqft

SOLD    2045 Hideaway Point                   $455,000                        4br/3.5ba – 4400sqft

SOLD      1011 Bluffview Drive                            $510,000                        4br/4.5ba – 4200sqft

 

Jake Lee, Broker, Realtor, Cren
843-240-0431
www.SCRealEstatePartners.com

 

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Carolina Waterway Plantation in Carolina Forest Myrtle Beach SC Real Estate

Click here for a list of homes for sale in this Community

Carolina Waterway Plantation is a beautiful gated community in the Carolina Forest Area of Myrtle Beach, SC. Among all of the custom Homes for Sale in Myrtle Beach, houses in the waterway communities of Carolina Forest are some of the most desirable not only because of the great location, award winning Carolina Forest school district, central location, but also it's tremendous value. Carolina Waterway Plantation features a private boat landing for it's residents, day docks on the Intracoastal Waterway, a well kept pool and club house, tennis courts, and more! Sales in this Myrtle Beach Community were hit hard during the recession with foreclosures and short sales. 2012 and 2013 saw some of the last remaining foreclosure homes SOLD and we have now seen values rebound in this Myrtle Beach Community.

Here is a list of Sales in Carolina Waterway Plantation from April of 2013 to April of 2014 to give you an idea of the market

 

                1624 Portwest Drive is a 3br/2.5ba featuring 2500 htd sqft SOLD for $190,000

 

                                                                   905 Waterton Ave is a 3br/3ba featuring 2300 htd sqft SOLD for $249,900

 

3.                      994 Shipmaster Ave is a 4br/2.5ba featuring 2500 htd sqft SOLD for $265,000

 

4.                                                                                                                         957  Shipmaster Ave is a 3br/3.5ba featuring 2800 htd sqft SOLD for $270,000

 

5.                 1656 Portwest Drive is a 3br/3.5ba featuring 2500 htd sqft SOLD for $285,000

 

6.                                                                                                                             939 Shipmaster Ave is a 4br/3.5ba featuring 2500 htd sqft SOLD for $291,500

 

7.                    992 Shipmaster Ave is a 4br/3.5ba featuring 3200 htd sqft SOLD for $294,500

 

8.                                                                                                                                       974 Shipmaster Ave is a 4br/2.5ba featuring 2700 htd sqft SOLD for $321,000

                 

                                       999 Shipmaster Ave is a 4br/4.5ba featuring 3200 htd sqft SOLD for $335,000   

 

                                                                                         827 Waterton Ave is a 4br/4.5ba featuring 2500 htd sqft SOLD for $380,000

 

 

If you are interested in buying or selling a home in Carolina Waterway Plantation, be sure to give Jake Lee a call at 843-240-431 to discuss options in the Waterway Neighborhoods of Carolina Forest in Myrtle Beach

 CHECK OUT FORECLOSURES IN MYRTLE BEACH

 

What's the deal with bi-weekly mortgage payments? Click here to find out!

 Homes for sale in Myrtle Beach

www.BuyMyrtleBeachForeclosures.com

 

I get a fair number of questions about bi-weekly payments.  A bi-weekly payment plan is really simple.  Instead

of paying your mortgage payment once a month, you pay half of it every two weeks.  Most months, we only collect

 two half payments - so nothing is different.  We take those two half payments and we apply one payment - just like

 everyone else.  However, twice a year, we end up collecting 3 payments (because there are 26 half weeks a year and

 26 divided by 2 = 13 payments).  So, we apply that extra half of a payment on those months.  Because you are

 paying that extra payment each year - you pay your loan off faster.


But, it's important to know that there is nothing magical about a bi-weekly payment.  Again, it only shaves

 interest and time off of your loan because you are paying extra.  I absolutely detest those companies out there that

 market a bi-weekly option to new loans.  These firms collect the payment (plus a fee) from the client and then they

 make that payment to the mortgage servicer.  The client could do this themselves.

 

 

There are a bunch of other easy payment options that have the same effect as a bi-weekly as well.  

  If you make one extra payment a year - you get essentially the same interest and time savings

 as a bi-weekly.  In fact, if you make your one extra payment at the beginning of each year - you save even more than

 if you paid bi-weekly.  Or, you can add 1/12 to each payment (if your payment is $1,000 - just add $1,000/12 = $83 and

 pay $1,083 each month) and you'll get an almost identical interest and time savings as if you paid bi-weely

 

Check out Homes in Myrtle Beach on our website at www.SCRealEstatePartners.com 

Single Story For Sale in Ricefields Plantation

Ricefields Plantation
Spacious Floor Plan w/ Fantastic Sun Rm

• 4,200 sq. ft., 4 bath, 4 bdrm single story "Bonus Room over garage" - MLS $434,900 USD - GREAT NEIGHBORHOOD

 -  Located in the HIGHLY SOUGHT AFTER community of Ricefields Plantation in Pawleys Island ! This spacious 4 bedroom home features an open floor plan that would be perfect for entertaining.. A formal dining room greets guests just off the entry hall and flows into the family room and kitchen. 749 Fieldgate is situated on over a half acre of land overlooking a very private backyard, bordered by protected wetlands. You are sure to fall in love with this home's bright and airy 16x16 Carolina room surrounded by windows.. The split floor plan offers an impressive first floor master suite with trey ceilings, a bay window, and a private master bath. A private study and bonus room/bedroom with full bath complete this home. Ricefields Plantation amenities include a boat ramp and community pool.

Property information

Call Jake Lee at 843-240-0431 to schedule a private showing today!

 

You can also visit us online 24 hours a day at www.SCRealEstatePartners.com or search foreclosures at www.PawleysIslandForeclosures.com

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