There a lot of people in the Myrtle Beach market that bought at the peak of the real estate market in 2006-2007. If you bought an ocean front condo, chances are you are 50% or more upside down. With this being said, even if you could find a buyer to pay what you owe on your Myrtle Beach real estate the property probably will not appraise any where near those 2006-2007 prices.
Most people in this situation that are having problems with payments feel hopeless and feel like they do not have any options at all. Well I have news for you, you do have options other than foreclosure. The short sale process has gotten easier and quicker than it was a few years ago.
For more information or to discuss your options feel free to contact us at 843-474-1031
