Buying Coastal Properties/buying now or wait

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Expert: - 8/24/2008


Question
i am looking to buy a townhome or condo with low or no hoa fee near myrtle beach sc,the property i looking to buy is about 2 mile from the ocean,and i check the craigslist website there is tons of house and condo townhouse for sale,and lots forclosure house also, my question is,how long the market stay droping?and is time buy now or wait for 6 months or one year,i am afrid i buy now ,and it continus  drop ,i will be in trouble,what do u think?thanks

Answer
Hello Jason.
If we were able to time the market better, it would be a better place for all of us. The only thing you can really do is evaluate the area you are looking at and make sure you are happy with the deal you are getting.  Sometime you can wait to long and the deals will just fly by.....

Buying Coastal Properties

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Tami Coleman-Maro

Expertise

Selling coastal Real Estate since 1990. I can answer anything relating to the buying or selling waterfront property. I have seventeen years as a Broker, and I am also a licensed S.C. Residential Builder. Conducted 50 million in sales as a dual agent - representing the buyer and seller - so honesty is my number one goal in any sale.

Experience

Selling along the coast since 1990, General Manager of Oceanfront resort from 1990 to 2003. Licensed S.C. Residential Builder

Organizations
Coastal Carolina Association of Realtors

Publications
duPont REGISTRY

Education/Credentials
Licensed as a S.C. Broker, Associate degree in accounting, Licensed S.C. Residential Builder, Small Business owner in Pawleys Island, South Carolina http://www.premierpropertiesofsouthcarolina.com

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