Don’t make this $70,000 mistake!
Just imagine. You’re dreaming about buying a beach bungalow but don’t have a clue where to begin.
You’re concerned, because you have friends who, in the passion of the moment, got sucked into buying a vacation home they later regretted. It happens all the time.
Do you worry you might get sold a “bill of goods” and wind up losing your shirt?
That’s exactly what happened to Bob and Mary.
True Story (names changed to protect the victims)
Bob and Mary from D.C. really wanted a Myrtle Beach oceanview condo. But do you know how hard it is to get financing on a condo? Banks today HATE lending on condos.
Then Realtor Ron found them a new three-bedroom unit near their favorite golf course. Breathtaking sea views (can you smell the salt air?). Sexy bathrooms (can you feel it?). And a gourmet kitchen (oh, YES!). All for only $378,000 … with bank financing.
Two similar units just sold for $400K and $415K.
Holy guacamole! It must be a good deal, right?
When we appraised it, it came in at only $308,000. That was $70K below the contract price.
How could this be?
Let me tell you.
Those sales at $378K, $400K and $415K? They were developer listings.
The slippery little trick
When the market crashed, and the developer couldn’t sell his inventory, the bank, which had loaned the developer $59 million, agreed to give mortgages to buyers (when nobody else would) to unload inventory. Not an uncommon practice for a bank looking at a big investment loss.
Then the developer solicited buyers like Bob and Mary who were only shown developer units.
Little did Bob and Mary know, you could get identical resale condos priced $70K to $100K less. Ane if you bought at the developer price, in order to resell, you’d have to drop your price by $70,000 to $100,000.
Even worse, some lame appraisers actually used developer sales for comps. They ignored resale activity, which created artificially high appraisals.
But here’s the Happy Ending. We pissed off a Realtor, a developer and a lender, but we saved Bob and Mary $70,000.
THAT is is why you always want an appraisal by a locally experienced, savvy appraiser.
And that is also why we are using our vast knowledge, and the experience that can only be acquired from more than 35,000 appraisals for over 3,400 clients to create The Certifax Report for savvy buyers like you.
Better than an appraisal, The Certifax Report is an all-in-one aggregate of stellar deals that can save you time, worry and a ton of money.
We shoot straight, and we hide nothing. If there are any known defects, we tell you. Because we don’t get paid for selling these properties. We get paid by you for finding the truly best deals in the market.
Now you can feel confident bidding on:
And Auction properties
Information is the most valuable commodity in the world, and you are about to get more than your fair share.
Think about it. What if you could find a trusted real estate consultant to cut through the baloney and tell you, without fluff or filler, the absolute best real estate deals on the Grand Strand?
Wouldn’t you like to know which properties are stellar buys? And which properties are downright steals?
Whether you’re looking for a retirement home, vacation getaway, or if you like to invest in profitable properties, you can count on us to get down to brass tacks and to give you a wide variety of sound options you can trust.
Do you have the time, knowledge and resources to sift through 13,000 active listings?
Let us do the research and analysis for you. You can count on our no-nonsense research to reveal what’s really hot and why. You’ll get not just what we uncover, but the analysis behind it, too.
from $25K to $500K+
Let us do the work and find you an investment you can be proud to show off.
You won’t find objective, insider information like this anywhere else.
If you’ve been thinking about investing, relaxing, or retiring in Myrtle Beach, then you owe it to yourself and your family to get The Certifax Report. We do the work so you can play hard and finish with a win.
Don’t miss out on a single opportunity that could save you tens of thousands, even hundreds of thousands of dollars. Sign up today, because tomorrow we might uncover your once-in-a-lifetime dream property. And who better to have it, than you?
P.S. Did we mention? This is completely straight-up and we receive no compensation from Realtors or sellers to list their data.