Myrtle Beach Home Foreclosures for Sale | Myrtle Beach, SC Property Foreclosures | HomeFinder (2024)

  • For Sale : 2,449
  • Foreclosures : 488
  • Rentals : 61
  • Rent To Own : 20

  1. Foreclosures
  2. SC
  3. Myrtle Beach
Essex Dr, Myrtle Beach, SC 29575 $189,900 Auction 3 Bd | 2 Bath | 1,170 Sqft
Essex, MYRTLE BEACH, SC 29575 $192,234 Auction 3 Bd | 2 Bath | 1,170 Sqft
San Marcello Dr # 2102, MYRTLE BEACH, SC 29579 $50,190 Pre-Foreclosure (Lis Pendens) 3 Bd | 3 Bath | 2,811 Sqft
Highway 15, MYRTLE BEACH, SC 29577 $54,331 Pre-Foreclosure (Lis Pendens) 1 Bath
Blue Heron, MYRTLE BEACH, SC 29588 $63,180 Pre-Foreclosure (Lis Pendens) 1 Bd | 1 Bath | 425 Sqft
Blue Heron, MYRTLE BEACH, SC 29588 $67,573 Pre-Foreclosure (Lis Pendens) 1 Bd | 1 Bath | 425 Sqft
Margate Cir Apt 304, MYRTLE BEACH, SC 29572 $72,030 Pre-Foreclosure (Lis Pendens) 2 Bd | 3 Bath | 2,426 Sqft
Ocean, MYRTLE BEACH, SC 29577 $87,050 Pre-Foreclosure (Lis Pendens) 1 Bd | 1 Bath | 365 Sqft
Ocean, MYRTLE BEACH, SC 29572 $88,800 Pre-Foreclosure (Lis Pendens) 4 Bath
Greens, MYRTLE BEACH, SC 29577 $111,773 Pre-Foreclosure (Lis Pendens) 2 Bd | 2 Bath | 1,120 Sqft
Burcale, MYRTLE BEACH, SC 29579 $120,532 Pre-Foreclosure (Lis Pendens) 2 Bd | 2 Bath | 1,064 Sqft
Cedar, MYRTLE BEACH, SC 29577 $124,332 Pre-Foreclosure (Lis Pendens) 2 Bd | 1 Bath | 1,617 Sqft
Leeds, MYRTLE BEACH, SC 29588 $130,828 Pre-Foreclosure (Lis Pendens) 2 Bd | 2 Bath | 1,204 Sqft
Kings, MYRTLE BEACH, SC 29575 $134,361 Pre-Foreclosure (Lis Pendens) 2 Bd | 2 Bath | 736 Sqft
Greens, MYRTLE BEACH, SC 29577 $135,393 Pre-Foreclosure (Lis Pendens) 3 Bd | 2 Bath | 1,235 Sqft
Century, MYRTLE BEACH, SC 29577 $135,882 Pre-Foreclosure (Lis Pendens) 2 Bd | 2 Bath | 864 Sqft
Kings, MYRTLE BEACH, SC 29572 $136,643 Pre-Foreclosure (Lis Pendens) 2 Bd | 1 Bath | 1,020 Sqft
Highway 814, MYRTLE BEACH, SC 29588 $136,795 Pre-Foreclosure (Lis Pendens) 3 Bd | 2 Bath | 1,217 Sqft
Kings, MYRTLE BEACH, SC 29575 $137,103 Pre-Foreclosure (Lis Pendens) 2 Bd | 2 Bath | 736 Sqft
Ocean, MYRTLE BEACH, SC 29577 $138,629 Pre-Foreclosure (Lis Pendens) 1 Bd | 1 Bath | 416 Sqft

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29572 Foreclosures29575 Foreclosures29577 Foreclosures29579 Foreclosures29588 Foreclosures

Foreclosure Homes for Sale in Myrtle Beach, SC: What You Need to Know

The top place to visit in Myrtle Beach is the 60 miles of sand and sparkling Atlantic Ocean beaches. Afterward, check out other favorite spots in Myrtle Beach, such as The Simpsons in 4D theatre, the SkyWheel Myrtle Beach, Wheels of Yesteryear, and Wild Water & Wheels. They all offer something for the entire family to do and see.

This city is always hosting an event or festival to entertain the populous. Some of the most popular festivals to attend are the Myrtle Beach International Film Festival (April), the World Famous Blue Crab Festival (May), and the Grand Strand Holiday (December). The cuisine offers a wide array of unique flavors from halal chicken shawarma to cotton candy-flavored saltwater taffy. To get a taste of the best that Myrtle Beach has to offer, visit Blueberry's Grill, Hood & Barrel, or Big Mike's Soul Food.

Local Job Opportunities

Key industries in Myrtle Beach include aerospace, manufacturing, technology, healthcare, and military. South Carolina receives many foreign direct investment projects, but surprisingly, nearly 60% of jobs come from existing businesses. The top employers are the Horry County School District (5,650), Wal-Mart (2,800), Horry County Government (2,200), and Coastal Carolina University (2,125). The average annual salary in this area is $51,015, or an hourly rate of $14.87.

Schools and Higher Education

The Horry County School district serves the Myrtle Beach community. It’s made up of 56 schools and has more than 45,000 students. It’s the third-largest school district in South Carolina. There are 10 high schools, 12 middle schools, and 27 elementary schools in the county, along with four charter schools, one alternative school, and three academies. With about 2,788 classroom teachers in the district, the student to teacher ratio is 16:1. Nearby universities include Horry Georgetown Technical College (Public, 2-year), Coastal Carolina University (Public, 4-year), and Miller-Motte College (Private, 2-year).

Weather and Climate

Summers in Myrtle Beach are incredibly harsh and hot. The average temperature during the hot months is 88ºF. Winters are cold and windy, but very short, with average temperatures of 39ºF. It is partly cloudy and wet all year long. The average rainfall collected during the year is 48.3 inches. Levels of humidity range tremendously from season to season during the year. The best time to visit this area for outdoor activities is from April through May, and from September through October. Natural disasters that residents in Myrtle Beach should be prepared to encounter include hurricanes, flooding, tornadoes, and earthquakes.

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FAQs

How long does foreclosure take in South Carolina? ›

How long does foreclosure take in South Carolina? If the foreclosure sale is uncontested, foreclosure generally takes four to six months.

What state has the most foreclosures right now? ›

Of all 50 states, California had the most foreclosure filings (3,975), and Vermont had the least (11). As for the states with the highest foreclosure rates, Illinois, Connecticut, and New Jersey took the top three spots, respectively.

Where is the best place to look for foreclosures? ›

Foreclosure listings — free sites
  • Zillow Foreclosure Center. ...
  • Realtor.com Foreclosures. ...
  • Bank of America-owned properties and foreclosures. ...
  • RealtyTrac. ...
  • Foreclosure.com. ...
  • HUD.gov. ...
  • USDA-RD/FSA Properties. ...
  • IRS Seizures.

Why is Myrtle Beach so cheap? ›

Situated on the eastern coast of the United States, Myrtle Beach benefits from a relatively lower cost of living compared to more densely populated urban areas. This geographical advantage contributes to the overall affordability of housing in the region.

How to avoid foreclosure in SC? ›

Ways to Stop Foreclosure in South Carolina
  1. Declare Bankruptcy. Yes, bankruptcy is a way through which foreclosure can be stopped. ...
  2. Applying for Loan Modification. ...
  3. Reinstating Your Loan. ...
  4. Plan for Repayment. ...
  5. Refinancing. ...
  6. Sell Out Your Home. ...
  7. Short Sale. ...
  8. Deed In Lieu of Foreclosure.
Feb 1, 2024

How many missed payments before foreclosure in South Carolina? ›

When Does Foreclosure Start in South Carolina? In most cases, federal law requires a loan servicer to hold off on starting a foreclosure until the borrower is more than 120 days delinquent. (12 C.F.R. § 1024.41).

Why are there so many foreclosures in South Carolina? ›

Legal protections for South Carolinians end

While today's foreclosure rates are far below the highs of the Great Recession, some experts warn that the recent rollback of foreclosure protections by the South Carolina Supreme Court could harm homeowners if economic conditions worsen.

What bank has the most foreclosures? ›

10 banks foreclosing on the most homeowners
  1. Bank of America. Loans in foreclosure: 96,319.
  2. Wells Fargo. Loans in foreclosure: 84,903. ...
  3. J.P. Morgan Chase. Loans in foreclosure: 54,325. ...
  4. U.S. Bancorp. Loans in foreclosure: 44,881. ...
  5. Deutsche Bank. Loans in foreclosure: 33,608. ...
  6. Bank of New York Mellon. ...
  7. Citigroup. ...
  8. HSBC Holdings. ...
Mar 21, 2013

What state has the quickest foreclosure process? ›

The states that had the shortest average foreclosure timelines (again, according to ATTOM Data Solutions) in the third quarter of 2023 were: Wyoming (169 days) Montana (169 days) Texas (171 days)

What is the best free foreclosure website? ›

Here are the best free sites where you can quickly and easily find foreclosures.
  • HUD.gov. ...
  • USDA-RD/FSA Properties. ...
  • IRS Seizures. ...
  • Zillow Foreclosure Center. ...
  • Auction.com. ...
  • Wells Fargo REO Properties. ...
  • CitiMortage. ...
  • RealtyBid.
Feb 3, 2023

What city has the most foreclosures? ›

Columbia, South Carolina, was the major metropolitan area with the highest foreclosure rate. Orlando had the highest foreclosure rate for cities with a population greater than a million, followed by Cleveland, Riverside, Philadelphia, and Miami.

What exactly is a short sale? ›

“A short sale is when a mortgage lender agrees to accept a mortgage payoff amount less than what is owed in order to facilitate a sale of the property by a financially distressed owner. The lender forgives the remaining balance of the loan.”

What are the cons of living in Myrtle Beach? ›

Of course, there are downsides to living in Myrtle Beach:
  • prices for everything are growing by the growing number of tourists each year;
  • tourists leave behind much garbage on the beaches and the streets of neighborhoods;
  • sometimes too noisy and loud, which is boring;
Jun 4, 2024

Why is it called Dirty Myrtle Beach? ›

You may have heard “Dirty Myrtle” as a nickname for Myrtle Beach, but it is not a commonly used or official nickname. The origins of the nickname are unclear, but it is thought to have originated from the perception of the area as a rowdy party destination.

How many months behind before you go into foreclosure? ›

In general, mortgage companies start foreclosure processes about 3-6 months after the first missed mortgage payment. Late fees are charged after 10-15 days, however, most mortgage companies recognize that homeowners may be facing short-term financial hardships.

How long does it take to beat foreclosed? ›

4 Hours
Single-PlayerPolledMedian
Main Story153h 30m
Main + Extras104h 5m
Completionist164h 13m
All PlayStyles414h

What happens after a foreclosure hearing in SC? ›

If you are the owner of the property and a foreclosure action has been filed against you, you own your home and may stay there until it is sold at a foreclosure sale and the Master-in-Equity issues a deed to the successful buyer.

What is the foreclosure rate in South Carolina? ›

COLUMBIA, S.C. (WOLO)– South Carolina has one of the highest foreclosure rates in the nation, according to ATTOM, A real estate data company. In February, they conducted a study that shows about one in every 2,000 homes in the state had a foreclosure filing during that month. That is the fifth most in the country.

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