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Feb 12 2020

Essential Guide For Moving To Myrtle Beach

Have you been thinking about how nice it would be to live the dream life in beautiful Myrtle Beach, South Carolina? Myrtle Beach offers a wide array of affordable residential homes, retail shopping, dining, entertainment and the most scenic views along the east coast. While many may think of Myrtle Beach just as a great place for a vacation, those who live in this beautiful coastal town enjoy mild weather and beaches that extend for miles with plenty to do all year round.

Myrtle Beach is popular for retirees who are seeking nice weather, affordable housing and plenty of activities to keep them busy. It’s also a great place for families and individuals to live who want to find employment opportunities, entertainment, shopping and more. Myrtle Beach offers the best for those who want a quiet, calm lifestyle with beautiful oceanic scenery but it also much for those who want to live in a place where there is always something fun to do. 

Beach in Myrtle Beach

Housing In Myrtle Beach

If you have not yet taken that leap and hauled all your worldly belongings to Myrtle Beach, you will want to take time to look for housing in the area. Home pricing for family homes in the local area can range anywhere from around $100,000 to several million. This opens a wide array of homes for families including condos, townhomes, houses and more to choose from. Property taxes for a primary residence in Myrtle Beach are only 4% and secondary homes and vacation homes are taxed at 6%

If you plan to rent rather than buy, rental housing can be found with rental rates ranging from $500 a month to several thousand dollars. It’s best to work with a licensed real estate agent to locate rental or sales property not only so you have someone who understands the local market, but also to help you avoid real estate scams and to find you the best properties that fit your budget. 

Moving to Myrtle Beach

Moving Everything to Myrtle Beach

Once you pass the hurdle of finding a new home in Myrtle Beach, you will want to work with a professional moving company to have your furniture and other household goods relocated. Prior to the move, take time to carefully go through your belongings, one room at a time to determine whether you will need everything once you arrive to your new home in Myrtle Beach. You may also want to speak to a professional auto transport company, especially if you and your family have more than one motor vehicle to relocate. Having a vehicle shipped rather than driving can cut down on wear and tear while getting the vehicle delivered safely. 

Myrtle Beach is not just a beautiful beach town. There is so much to do in this beautiful region of the state and no matter the age, you can stay busy year-round. 

Things To Do Outdoors in Myrtle Beach

You already know that the beach is perfect no matter the weather, but there is so much more to do in the great outdoors when you live in Myrtle Beach. Water sports are always fun for all ages and with plenty of Intracoastal waters, you can head off on your own, take a charter boat or even a casino boat for a little winning action on the sea. Jet Ski’s can be rented at various rental shops along the waters edge and surfing, wakeboarding and more is just a quick walk in any direction down the sandy shoreline.  

For a romantic day or a family excursion on a private beach, you can take a horseback riding tour at Inlet Point Plantation where you can catch glimpses of the majestic water, stop for a picnic on the beach and catch an incredible sunset over the ocean. You can have fun on a ziplining course, playing ball at the local parks and rec or picnicking in the park. 

Myrtle Beach is also home to the best places to catch a good game of golf and with courses designed by Greg Norman, Robert Trent Jones you will find incredible golf courses and resorts to enjoy any day of the year. 

Things To Do Indoors in Myrtle Beach

If you prefer to stay indoors you will find many things to do all around the area. Shopping is often at the top of the list for things to do and if you are a shopaholic you can spend quality time at shopping centers including:

  • The Market Common
  • Barefoot Landing
  • Coastal North Town Center
  • Tanger Factory Outlets
  • Broadway at the Beach

After a long day of shopping, be sure to stop by one of the local spas or nail salons to be pampered and relax for a little while before heading out for a night on the town. You may even want to check out one of the local wineries and enjoy a tour or a wine tasting with friends. 

When hitting the social scene at night, you can find dancing and good times at one of the many hot clubs or lounges near the shopping districts and all along the coastline. 

For a fun family day indoors, Myrtle Beach offers incredible art galleries, museums and more. 

Transportation in Myrtle Beach

If you plan to stay close to home, you can always take a walk or ride a bicycle, but for those who want to go from North Myrtle Beach to other areas you will need to have a personal car to get around easily or an Uber. During tourist season which runs from March through November, traffic can be heavy so be prepared to wait in heavy congestion during peak hours in the morning and evening in areas near the beach.

Luckily though, with the openings of new roads like SC 31, you can now easily get from the southern end of the beach to the northern end fairly easily. This road is a 6 lane highway where the speeds are 60+ Mph and zero stop lights.

Beach Rules

Beach Rules

Before heading down the beach, you should be aware of some of the rules. 

  • Alcohol- Alcohol is not allowed on the beach. You can also not have glass containers or bottles. 
  • Litter– Littering is illegal and you can be fined if caught littering. 
  • Dunes- It is prohibited to walk on the dunes or to damage them in any way. 
  • Fire- Fires are not allowed at all on the beach. This includes bonfires, barbecues and other open flame. 
  • Pets- Dogs are allowed on the beach from Memorial Day through Labor Day only from 8:00 AM until 5:00 PM. After Labor Day, pet owners can walk their dogs on the beach anytime if they are on a leash.
  • Bathing Suits- Bathing attire can be worn on the beach, but thongs or other swimwear showing off your rear-end is not be allowed. 
  • Umbrellas- Umbrellas must be seven and a half feet circular or smaller. 

Annual Climate

The climate in Myrtle Beach is mild and you can expect temperatures ranging from the mid to upper 70’s in the spring and fall, upper 80’s to mid-90’s in the summer and mid 50’s in the winter. Hurricane season is June through November, but hurricanes are very rare in Myrtle Beach and a significant one has not struck the area since Hugo hit in 1989. Tropical storms are typical and can bring heavy rain and winds to the area. 

Employment in Myrtle Beach

If you are new to the area and did not transfer with an employer, work can be found in many industries. The hospitality, tourism, and retail sales industries are always booming and seeking employees. Myrtle Beach is also a great location for small business owners as the local tax rate is low and the community is very small business oriented. 

Myrtle Beach is home to nearly 33,000 people in the city limits but hosts more than half a million visitors annually. Spending time walking along the boardwalk next the Atlantic Ocean is a dream come true for many people. When you’re ready to take steps to a new life in Myrtle Beach, try to plan a few days to explore the local area and see the sights and check out the atmosphere and then, sit down with a Myrtle Beach REALTOR® and discover everything that Myrtle Beach has to offer.

This was a guest post by Melissa Villalobos.

Did you enjoy this post? If so, then make sure you subscribe by email to be notified every time we share something new. Thanks for visiting!

Did you enjoy this post? If so, then make sure you subscribe by email to be notified every time we share something new. Thanks for visiting!

Written by Jeremy · Categorized: Myrtle Beach Real Estate, Uncategorized · Tagged: moving, moving guide, moving to myrtle beach, myrtle beach

Jan 28 2020

Downpayment Cheat Sheet To Buying A Home For $500 Or LESS

Understanding Mortgages

This past week I attended a conference where they had an economist who was sharing some statistics on our local market and it’s current status here in Myrtle Beach. One of the slides she shared had an interesting statistic on it that I posted onto Facebook. It stated:

“34% of renters can afford to buy the typical home.”

After posting this onto Facebook, I had numerous comments posted there from friends, some in the industry, but many who were not that all basically said the same thing.

The #1 reason most people are renting instead of owning is because they do not know how much money they need to purchase. It was interesting because many of the comments said people do not understand that you do not need 20% down in order to own a home.

Because of this conversation, I created this video to discuss some of the various financing options that are out there currently to buy a home. Some of the options give you the ability to buy a home for as little as $500.

Financing Options In Myrtle Beach Area

So there are multiple types of programs out there to help you purchase a home. In this post, I’m going to cover the main types that most buyers are using to purchase a home. They are:

  • FHA
  • VA
  • USDA
  • Conventional
  • Second Home/Investment
  • Specialty/Portfolio

FHA Financing

This is probably one of the most typical types of loans that consumers are using to purchase a home in the Myrtle Beach area. In this type of loan, you would need to have a downpayment of 3.5% of the total purchase price in order to purchase a home. There isn’t any restrictions as to what area you have be in to purchase a home via FHA.

However, when purchasing a home with an FHA loan, the property is going to need to meet certain criteria & standards. Typically, you cannot purchase a fixer upper with this type of loan because the appraisers are going to make mention to any types of major repairs that would need to be addressed prior to closing.

I recently had a home that a buyer was purchasing with an FHA loan and the appraiser made mention of exposed wires hanging from the ceiling in the dining room where the previous owners had removed the chandelier and did not cover it up. Because the appraiser made mention, the seller had to buy a plate & wire nuts and cap off where the chandelier used to hang in order for the buyer to get a final sign off on the appraisal and final approval given to purchase the home.

VA Financing

VA Financing is an awesome program in which you can purchase a home for literally no money down. But, in order to qualify for this program, you have to have served in the military. There is a bunch of fine print on whether you qualify for a VA loan, this was a great resource to walk you through all of it.

As I mentioned, if you qualify for a VA loan, you get many breaks from little to no down payment, but you also normally qualify for lower interest rates as well as lower closing costs. VA loans definitely have many great benefits.

USDA Financing

USDA Financing is another low downpayment option that is a great way to own a home for little to no money down. This program though does have some rather specific location requirements for a home to be eligible. They actually have a pretty nice USDA eligibility map where you can type in an address and see quickly if a home is eligible for USDA financing.

Now some of the other stipulations that are applicable to a USDA loan relate to credit scores, and condition of the property. If you do not have a credit score of at least 640 in order to qualify for a USDA loan.

Buying a House

Conventional Financing

This is one of the more typical financing options that are out there which gets used to purchase a home. Since I am a Myrtle Beach REALTOR® which is self employed, this is the type of loan my wife & I used to purchase our current home last year.

This type of loan is flexible on what type of property you can purchase and also on the area in which you were to purchase it in. In a conventional loan, you will need 5% of the purchase price to put down on your home. This means if you were to purchase a $200,000 home, you would need $10,000 as a down payment.

Second Home Financing

In Myrtle Beach, we have a lot of people who purchase a second home here in the area & many times they are confused as to what type of financing they can use to purchase this type of home. Many of the financing programs we discussed above like FHA & USDA financing are programs designed to be used on the purchase of primary residences in which you are going to live permanently.

So when you are thinking of purchasing a second home, you will need to have 10% down to make the purchase. You are actually doing a version of conventional financing in this type of purchase, just a higher amount of downpayment is required here.

Oceanfront Condo Investment

Investment Home Financing

Now, if you are thinking of purchasing a home that you plan to rent out most of the time instead of using it as a second home, then you are going to need a different type of financing than the ones listed above. First off, just like with a second home, FHA, USDA, & VA financing options are not available as they are designed for primary residences.

Most of the banks out there are going to require more of an investment into the downpayment on investment types of properties versus a primary residence or second home because they look at these type of properties as a higher risk to the bank. If something happens in your finances, you are more than likely to let go of an investment property faster than your main home you live in. To purchase an investment home, you are more than likely going to need 20-25% of the purchase price for the downpayment.

Specialty/ Portfolio Financing

Sometimes, you are wanting to purchase an awesome condominium in a complex that has a current litigation matter against the original builder where the HOA is suing them for things they were paid to build and never did, or for construction that was done improperly.

There isn’t necessarily something wrong with the property, but because of the litigation, most typical financing options will not be able to be used. In these cases, you will need a specialty/portfolio financing option. Normally, these are offered by smaller local banks that have flexible financing options.

These types of loans typically require 25% for a downpayment. The other thing to note with this type of loan is that they normally are not offered with a 30 year fixed rate. Instead they are usually either a 15 year loan, or something if a flexible rate arm after a few years.

Additional Expenses When Purchasing

In addition to your downpayment for the mortgage, you are going to have a few more expenses that you can expect when purchasing a home. The first is for a home inspection. You aren’t required to get a home inspection done, but I always highly recommend a home inspection be done before purchasing a home. These are typically around $300-$500.

Many of the other expenses you would incur when purchasing a home, you could request the seller to pay for you. With a strong enough offer, you can normally get the seller to agree to cover these expenses.

These closing costs would include attorney fees, appraisals, taxes, loan processing, title search, homeowners insurance, title searches, courier fees, and many other items. The last home I sold with an FHA loan for my buyers we asked for the seller to give 3% of the purchase price to the sellers as a credit and it basically covered all their expenses other than the downpayment, so it is possible to get most of the items covered.

I hope that this post helps explain financing options and how much you will need in order to purchase a home here in Myrtle Beach. It hopefully is nowhere near the amount you originally thought it might be. If you would like more information on buying a home, which lenders you should consider, and what options might fit your situation best, feel free to reach out & contact me. I’d love the opportunity to help you start the journey to home ownership in the Myrtle Beach area.

Written by Jeremy · Categorized: Buying A Myrtle Beach Home · Tagged: buying a home in myrtle beach, downpayment, FHA, mortgage options, USDA Loans, VA Loans

Jan 16 2020

Renting A Home Through Craigslist- Why It’s A BAD Idea

I’m sure a lot of you are wondering, what is Jeremy doing talking about renting a home through Craigslist, he’s a Myrtle Beach REALTOR®. That is true. And yes, I do not directly help people find a rental because our company has an entire rental division.

But, over the past three weeks, I unfortunately have had to deal with one of the homes I currently have for sale, being used in a scam on Craigslist. What has happened is, my great property at 1603 Heathmuir Drive in Surfside Beach that went on the market for sale just a few days prior to Christmas was targeted to be used in a rental scam.

Someone downloaded a few of the images from one of the various sites on which I advertise my listings and then went over to Craigslist and created an advertisement that the home was for rent for $750. They use a bogus email address to have others then email them for more details.

When you send an email, to them, you will get a rather quick response in which sounds somewhat believable, but some of it just doesn’t sound right as the English is broken. Here’s a copy of the email from one interested tenants sent to me:

Some of the parts of the scam are typical. They will say that they are not in the area so you cannot view the property prior to renting, but if you send the money, they will then send the keys to you. The issue is that you will send your money, but never see the keys.

To try & prove that they are the legit owners, they will go into the tax records which are easily accessible online and take screenshots showing that the name of the “person they are talking to” is the owner. Here’s a screenshot they sent to one of the people looking to rent the house through Craigslist:

Now, what this scammer did this time which ends up taking this from being not only just a scam, but also somewhat a crime is that they created a passport forged with my clients name over the passport. I’ve blurred the name, but you can see that with the textured paper, it’s impossible to make a legit forgery. If you look closely at the name as well as the picture, you can see where they changed items to make it show what they needed, and didn’t even do that good a job at it.

Since this started, I’ve had over 10 calls from prospective tenants in the past 10 days. These are just the consumers that had got a bad feeling about the entire situation and reached out to me to see if it was legit. Unfortunately, as you see in the letter above, the scammer told the potential buyers “I’m not dealing with the agents anymore they are bad people. This is why I am handling the rent by myself. You deal with me direct. You do not need to contact any agent when you get by the house cos if you do, they will tell you some sort of rubbish.”

The rubbish in this instance is that it isn’t a legit person renting the home. The property that they targeted of mine happens to belong to a personal friend who is selling this property and someone that I’m somewhat close to. I speak with the seller almost daily and know he would never try to do something like this to me.

How to monitor if your property is being scammed.

I spoke with the director at the local MLS to ask for some tips on what to do to keep alerted of if your property falls victim to the scam as well as what to do when it happens. Here’s the list they gave me:

1. Report to false advertisement to Craigs List (CL).
2. Report to FBI at www.ic3.gov
3. Report to state and local law enforcement.
4. Report to CCAR and SCR who can report to NAR. NAR can pressure the feds to pressure Canada and Nigeria to start making arrests.
5. Teach agents to patrol the internet for the addresses of their client properties. CL patrol. Can set up Google alerts for addresses and company name to automate patrols.
6. Teach clients about this issue so they can patrol the internet and are aware of red flags that their property is being scammed and to report these issues. (people show up to rent the property, etc.).

It is a widespread problem. Internet search on this issue will reveal numerous TV and online stories about variations of the scam. The scammers are getting better and better. It is hard for the public to realize that it is a scam. Another reason to only deal with known real estate companies operated by REALTORS. Listings, rentals, vacation rentals, etc. have all been involved in scams.

Another scam – cold call emails “I am a foreign buyer.  I want to buy your listing in 2 weeks for cash sight unseen.  Here is a paper certified cashiers check, deposit it.”  Then later, the buyer cancels the deal and says to wire all or a portion of that paper check.  Paper check later bounces and REALTOR or lawyer is out the money.”

In addition to the items above, another step that I’ve implemented now is I’ve added this sign onto the front of the home when it is a vacant property like this to help notify consumers that it is a scam. Thanks Emmy for the sign. She also has more on the scam over on her blog here.

Finally, the last thing I would say on this subject which applies to anyone looking to rent a home is to go through a reputable rental company to rent a property. In Myrtle Beach, our company has Stay & Play, and there are others, but by going through a reputable company instead of just an individual will give you piece of mind that when you send money, you will actually get into a property.

It also means that when there is an issue with the property, you have a company to contact to get whatever is needed repaired in a timely manner. I’ve heard friends who have had rentals through an individual and when their HVAC went out in the middle of the summer, they sat in a house that was 85 degrees for days because it took that long to get the issue resolved. If there is a company involved, you should have cool air again with in 24 hours instead.

Don’t Get Scammed By Craigslist

I surely hope that this post help explain some of the schemes that the scammers are using these days on Craigslist to try & get your money. I should also mention that in addition to doing it on Craigslist, they are also going to places like Facebook Marketplace and doing the same types of scams, so be careful there as well.

Lastly, before you run to get your next rental, let’s take a moment and see if you can purchase a home in Myrtle Beach instead of wasting money away again in a rental. I understand that there are some circumstances where you are forced to rent for a while. My wife & I were forced to do so for a few years and during that time, we spent over $116,000 on rent and and zero to show financially for that money.

Not so mention, we now own a home and our monthly expenses are actually less than when we rented a property. The biggest difference is that each month when we make a payment on the mortgage we are increasing equity in our pockets. In addition, as time continues to move forward the value of our home continues to increase. In the past year of owning our property, the value has increased an additional $30,000.

If you would like to explore the possibility of purchasing your own home in Myrtle Beach Area, please reach out to me so we can start the journey together.

Written by Jeremy · Categorized: Myrtle Beach Real Estate · Tagged: craigslist rental scam, craigslist rentals, myrtle beach rental scam

Jan 09 2020

10 Most Expensive Homes Sold in Myrtle Beach Area in 2019

Luxury Myrtle Beach Homes

That’s right!  It’s time for my annual Myrtle Beach luxury home wrap-up where I share with you the 10 most expensive homes to sell along the Grand Strand in this past year.  I’ve done this several times in the past few years, however last year I was a slacker and didn’t do this post.

To make up for it, this year I’m going to go above & beyond in sharing not only the 10 most expensive Luxury Homes in Myrtle Beach, but I’m also going to include a video near the end that will summarize how our luxury real estate market is doing here in the area.

Beach

If you really love this and want to see more about some of the other luxury properties that have sold in the area in the past, you may want to check out previous years which you can see  2014, 2015, 2016 & 2017 here.  Below you will find listed the 10 most expensive homes to sell during 2019 along The Grand Strand from least expensive to most expensive.

10– 9553 Bellasara Circle Myrtle Beach, SC 29579– $2,200,000 This 5 Bedroom 4 Bath home sold in gated homes section The Grande Dunes Members Club section and was a Mediterranean style home on the Intracoastal Waterway with a spectacular pool overlooking the waterway.

9- 1087 S. Waccamaw Drive Garden City, SC 29576- $2,250,000- The only home to make the list this year in Garden City, was this large 3 story, 5 bedroom, 5.5 bath oceanfront home that was over 10,000 square feet under roof with an elevator was a unique masterpiece.

8- 904 N. Ocean Boulevard North Myrtle Beach, SC 29582- $2,285,000 This oceanfront gem was found in North Myrtle Beach and was a 5 bedroom 6.5 bath fully furnished home that was located in the Tilghman Estates section of North Myrtle Beach.

8802 N. Ocean Blvd Courtesy of The Hereda Team RE/MAX Southern Shores

7- 8802 N. Ocean Blvd Myrtle Beach, SC 29572- $2,321,425 At number 7 was another fully furnished oceanfront home that sold in Dunes Ocean Forest section of Myrtle Beach. It was a 7 Bedroom, 6.5 Bath home that had amazing oceanfront views and a lot of recent upgrades throughout.

6- 804 N. Ocean Boulevard North Myrtle Beach, SC 29582- $2,445,000 This is second home to land in the top 10 list of most expensive homes sold from North Myrtle Beach. Also found in the Tilghman section, this was a 5 bedroom, 4.5 bath home with parking for 7 vehicles underneath.

The final 5 most expensive homes of 2019 all come from the southern end of the beach in Georgetown County.

5- 1065 Norris Dr Pawleys Island, SC 29585 $2,715,000 with over 5,500 heated square feet, this 6 bedroom home was located at The Peninsula at Inlet Point South. Each bedroom had it’s own private bath. There was also a shared dock on the creek so you can catch the flounder for dinner!

4- 44 Eastland Way Georgetown, SC 29440- $2,850,000 This 7 bedroom oceanfront home was in Debordieu Colony this home was in a very unique location with 2.5 miles of deserted beach leading to the North Inlet. This home was over 8,300 heated square feet and had a rooftop deck to enjoy the spectacular views.

3- 629 Beach Bridge Rd. Pawleys Island, SC 29585- $2,850,000 The number 3 most expensive home sold in 2019 is beautiful 5 Bedroom home with a custom pine dining room table that seats 10. The home had beautiful cypress walls and book shelves in the study. There was also plenty of space for vehicles with the 4 car garage.

2- 102 Atlantic Avenue Pawleys Island, SC 29585- $2,875,000 Another oceanfront home with 7 bedrooms, 7 baths, and a nice half acre lot in Pawleys Island helped this property to sell quickly.

1- 560 Myrtle Avenue Pawleys Island, SC 29585- $3,501,013 And the most expensive home to sell in 2019 belongs to this magnificent home in the Caledonia section which is known as America’s oldest seaside resorts. This home was 6 Bedrooms, 5 full baths and had a double lot that could be divided for another home. This home was unique in that on one side of the lot is a bulkheaded seawall where you could pull up your boat, and the other side you can enjoy fabulous ocean views.

So now that I’ve share the most expensive homes sold, what does this mean for the Myrtle Beach Luxury Homes market in 2020?

Market Crash Ahead?

In 2019, less luxury homes over 1 million sold in the area than in 2018. Some might start to panic and think we are heading towards a crash, but I wouldn’t start to panic yet. There were only 5 less homes to sell during the year from the banner year of 2018. In terms of total volume, it was only around $4.5 million less.

Days on the market also grew during 2019, but it was very minimal by increasing by only 5 days which is also a very minimal amount of days. These two items could mean either that there is a softening in the luxury home market, or it could simply just mean there is less inventory of properties available for consumers to purchase.

Breaking the Sales Down

When you break down the top 10 list for 2019, I found it interesting that more than half of the properties were purchased with cash. Even more interesting, the top 6 on the list were ALL purchased without financing.  That shows me people see the value in investing into our local real estate market. 

Also, all of the luxury homes sold this past year had some sort of water feature attached to the home.  Most had a view of the ocean, or marsh, and one even had the intracoastal waterway.  Once again proving that waterfront properties remain in high demand in our Grand Strand Market, especially when it comes to luxury home buyers.

When you break down the sections of the beach, more luxury homes were sold in Pawleys Island than any other section of the beach again this year. The 5 most expensive homes to sell this year were all int eh Pawleys Island/Georgetown area. Garden city had one property, two in North Myrtle Beach, and two were in Myrtle Beach.

What’s Available For Sale Now?

Below you will find all current luxury homes for sale in Myrtle Beach that are over one million.

Pawleys Island Luxury Homes

If you found this post interesting, would you do me a favor & share it with your friends?  Also, if you are interested in purchasing a luxury home along the Grand Strand, feel free to call me at 843-222-9402 or contact me through my site.

Obviously, not everyone can afford a luxury home like the ones listed above. Did you know that the average property I sell in Myrtle Beach this past year was $205,000  While property values continue to rise in Myrtle Beach, there still are plenty of options out there to find affordable housing in Myrtle Beach.  I’d love the opportunity to help you find your perfect home that fits your needs in any price range.  Do not hesitate reaching out to me today to discuss.

Written by Jeremy · Categorized: market reports · Tagged: luxury homes in Myrtle Beach, luxury real estate, Pawleys Island Luxury Homes

Jan 04 2020

Gated Homes in Carolina Forest

Gated Homes

Gated homes in the Carolina Forest area are a rather popular option to people looking to purchase in the Myrtle Beach area because of their added advantages. The gates provide added levels of security for your home and are a perfect option for those looking for a second home in the Myrtle Beach area.

Surprisingly, the Carolina Forest area or the 29579 zip code of Myrtle Beach is filled with several gated home communities. When I last checked, there were over 20 different subdivisions in Carolina Forest that are gated.

Now, you might think that in order to have a home in a gated community in Myrtle Beach, you would have to spend top dollar. But that is not the case. You can actually purchase a home in a gated community for as low as the mid 200’s and they can range up to some of the most expensive homes in Myrtle Beach at close to 4 million.

Here’s the current most expensive gated homes for sale in Carolina Forest:

There are plenty of gated home communities that showcase new construction homes. Some of these neighborhoods include Waterbridge, which is not only gated, but also has amazing Waterbridge Amenities has, which we have talked about in the past. Some other amazing communities that are gated & also have great amenities include The Bluffs On The Waterway, Grand Dunes, Carolina Waterway Plantation, & Waterway Palms which are also on the Intracoastal Waterway.

Here are the newest gated home listings in Carolina Forest:

Make sure to bookmark this page as it will update daily as new listings come onto the market and others sell.

Gated Community Benefits

So why would you consider a gated community? The biggest reason people choose to live in a gated community is to give an extra level of security to your home. Some of the neighborhoods have simple gates where you can click a button and enter on your own, others have keypads where you enter a code & others have a bar code scanned to access. There are even some that have 24 hour monitored gates with guards.

By there being a gated entrance, it limits who can and cannot enter a community to just those with the correct access. That is why it is really important to make sure you do not give out access codes to those who shouldn’t have it or you have lost that extra level of security.

This has been an ideal feature for several clients who were purchasing a second home in the area and do not live here year round. They feel more comfortable having more security when out of town. I’ve also had some elderly clients and single parent clients who feel much more secure knowing there is a gate to help protect their dwelling.

Why Wouldn’t You Want Gated Home Communities

So while in Atlanta recently visiting family, I had a conversation with one of my brother-in-laws regarding gated homes to which he simply told me, he wouldn’t want to live in one, so I obviously asked him what the reasons were. He simply responded, it’s too difficult. So as we continued to talk, it became apparent the reasons why he did not want to live in one which I will share below.

  1. Extra time entering or leaving neighborhood. He said he didn’t want to have to open his window every time he was entering his neighborhood just to get in and the idea having to do this in freezing gold weather, rain, or other ugly weather situations had zero appeal to him. Also, the fact that it would increase his time in the car was a turn off.
  2. Access for friends. I had never thought about this one that much, but after he explained the reason it did make some sense. He is constantly having friends over to his home and didn’t want to always have his phone in his hand during a gathering to page in people trying to come over to visit, or the need to have to call a guard gate ahead to add friends onto a list with their make & model of vehicle.
  3. The “Exclusivity” status. He also felt that some that live in gated home communities feel that because they live in these neighborhoods with gates that they are “better” or more “exclusive” that those not living in them and that he did not want to ever be given this type of label.
  4. H.O. No Way! He also then shared that the other main reason a gated neighborhood would not appeal to him is that he knew if he lived in one it would be a neighborhood with some sort of HOA that would limit what he could or could not do with his home. As I’ve shared in the past, there are benefits & disadvantages to an homeowners association.

I hope that you found this information on Gated Homes in Carolina Forest valuable. If you need additional information, do not hesitate to contact me.

Written by Jeremy · Categorized: Carolina Forest Real Estate · Tagged: carolina forest homes, gated homes, gated homes in carolina forest

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