Coastal REO Solutions Real Estate Blog for Myrtle Beach, South Carolina | Coastal REO Solutions: REO Asset Management Service

Jan

Coastal REO Solutions can prevent Foreclosure with a Short Sale

Coastal REO Solutions of Myrtle Beach, SC specializes in short sale marketing and short sale negotiation. 2012 is very important year for homeowners trying complete a short sale. There are tax advantages that are set to expire in 2013, so now is a good time to get your financial house in order to take advantage of this money saving program.

This article can help you make a good business decision about your home and your finances Read the rest of this entry »

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Published in Foreclosure, Mortgage, Short Sales

Jan

1099-C Frequently Asked Questions

Here at Coastal REO Solutions we understand your concerns about a potential short sale, foreclosure, or deed in lieu of foreclosure. So we have formulated a Frequently Asked Question page about the 1099-C income tax that comes with a short sale to help you through the information stage.

What is 1099-C income?
This is when a Lender forgives (charges off) mortgage debt Read the rest of this entry »

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Published in Foreclosure, Short Sales

Jan

Short Sale Debt Forgiveness and 1099-C tax liability explained

Foreclosure-Short-Sale-Tax-Consequences Everyone here at Coastal REO Solutions of Myrtle Beach, SC would like to extend our best wishes to you in the New Year. The New Year always brings our thoughts around to the dreaded income tax season. Time to go through your desk drawers and shoe boxes to find those receipts and deductions. If you have been foreclosed on or done a short sale in 2010, the 1099-C Cancellation of Debt is one of the most important pieces of paper that you need to find.

A short sale is when a mortgage lender agrees to accept less Read the rest of this entry »

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Published in Foreclosure, Short Sales

Dec

Short Sales – The mortgage lender preferred method of loss mitigation!

Myrtle Beach Foreclosure Prevention

Coastal REO Solutions of Myrtle Beach, South Carolina specializes in short sales, foreclosure prevention, and troubled asset management. We are here to make sure your real property assets are protected and prevent any further damage to your credit. There has never been a better time to work with lenders and other mortgages backed by Fannie Mae, FHA or Freddie Mac. A short sale to prevent a foreclosure is the Read the rest of this entry »

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Published in Coastal Properties, Foreclosure, REO, Short Sales

May

South Carolina High Court Order Stay’s Foreclosures

Myrtle Beach Foreclosure Prevention “A breakdown in communication”

On May 2, 2011 Chief Justice Jean H. Toal, so ordered a stay on Mortgage Foreclosures as they apply to a homeowners PRIMARY RESIDENCE. This order is the result of what many of us are already well too aware of, NO COMMUNICATION with the Lender.

Many times the different departments within the Lending institutions are unaware that a foreclosure proceeding Read the rest of this entry »

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Published in Foreclosure, Mortgage

May

The Retreat at Garden City – OPEN HOUSE

Beach Realty is proud to be handling the marketing for Retreat at Garden City Beach, the South Strand’s next great coastal neighborhood. Located in Garden City Beach, SC, Retreat features a new seaside community with 16 raised beach homes and a community pool in this sought-after area that you and your family already love and is conveniently located just steps from the ocean and the famous Garden City pier.

Our raised beach home floor plans feature 3 Bedrooms, 2.5 Baths and 4 Bedrooms, 3.5 Baths, both plans include a 4-Car parking bay. Laminate hardwood, granite counter tops, stainless steel appliances, are just a few of the additional options for your new home at Retreat in Garden City, SC. Standard features for these spacious floor plans include all kitchen appliances, carpet, 9′ smooth finished ceilings, Impact glass windows, energy efficient heat pump, attached storage, landscaping package, Hardiplank siding and low country style metal roofs are just the beginning of the numerous included features.

There is little that quaint Garden City Beach, South Carolina, doesn’t have to offer. Start with the beautiful, waters of the Atlantic Ocean that is literally just steps away from our community and the possibilities are endless. Golf, Fishing, Shopping, Water sports and all the excitement of the famous Grand Strand is at your finger tips. It’s a fun filled family paradise.

Garden City Beach is located between Surfside Beach and Murrells Inlet, and few short miles away from all the activities of lively Myrtle Beach. This family oriented beach is unique in that it’s a peninsula separating the Atlantic Ocean from the marshes and creeks leading to Murrell’s Inlet. This affords residents the option of breathtaking oceanfront views or a spectacular peek at the native Low country wildlife habitations on the inland side. Garden City Beach affords real relaxed beach living.

This Open House will feature a Pig Pickin’, Beer, and Wine.

Friday, November 4th, from 4PM to 7 PM

The Retreat Brochure

The Retreat at Garden City - OPEN HOUSE

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Published in Coastal Properties

Family Dollar Triple Net Lease buildings available in Pennsylvania

family dollar triple net lease building

LandVest USA is a real estate investment and commercial retail realty development company that is part of the Jamon Organization. The Jamon Organization has spent the majority of the last 3 decades using its experience to find prime locations to place freestanding Triple Net lease properties and Net Leasing multi-tenant developments.

A Triple Net Lease (Net-Net-Net or NNN) is a lease contract on a commercial property where the tenant pays all real estate taxes, building insurance, and maintenance (the three ‘Nets’) on the property. The tenant is also required to pay any normal fees that are expected under the agreement (rent, premises utilities, etc.).

Landvest USA develops and invests in build to suit Triple Net Leasing properties for leaseback to such well known retail chains as Family Dollar, Dollar General, Value City Furniture, Walgreen’s, CVS, Rite-Aid, Best Buy, Auto Zone, Advance Auto and other national and regional net lease tenants.

Currently Landvest is developing 3 build to suit Triple Net Lease properties for the Family Dollar chain. They are located in Kane, Biglerville, and Liverpool Pennsylvania. Landvest has committed to 9 build to suit locations for Family Dollar in 2012. All three of the triple net Family Dollar stores are being offered for sale at an 8.25% CAP rate. With the uncertainty in the stock market and CD’s, bonds and T-bills paying so little ROI these corporate guaranteed triple leases are a great safe harbor for your money.

From the Family Dollar website:

“In 1958, a 21-year-old entrepreneur with an interest in merchandising became intrigued with the idea of operating a low-overhead, self-service retail store. Leon Levine believed he could offer his customers a variety of high-quality, good value merchandise for under $2. Because he had grown up in his family’s retail store, he understood value, quality and customer satisfaction.

In November 1959, Leon Levine opened the first Family Dollar store in Charlotte, North Carolina, and was on his way to becoming a retailing legend. Right from the start, he had a well-developed philosophy of what Family Dollar would be and how it would operate, a philosophy from which he and his management team have never strayed. The concept is a simple one, “the customers are the boss, and you need to keep them happy.”

He created a general floor plan that he used in each of his stores that allowed customers to easily shop for their favorite products in any Family Dollar store. With the stores uniformly laid out and stocked, store managers were able to focus on providing good customer service. This concept for a self-serve, cash-and-carry neighborhood discount store in low to middle income neighborhoods proved so successful that today Family Dollar is a chain with over 6,800 stores from Maine to Arizona.”

Landvest USA has been in the retail Triple Net leasing for many decades, and they realize the neighborhood-shopping trend is where the future of retail development is headed. These three Family Dollar locations can become an important part of any investment portfolio. To learn more about this great opportunity, you can contact Jason T. Ellis of Coastal Solutions for a marketing package.

Buyer Broker participation is protected and encouraged. Broker’s there is more information located on Loopnet please see property ID#’s 17432824, 17433510, and 17433520.

LandVest USA is a real estate investment and commercial real estate development company that is part of the Jamon Organization. The Jamon Organization has spent the majority of the last 3 decades using its experience to find prime locations to place freestanding Triple Net lease properties and Net Leasing multi-tenant developments.

Landvest USA develops and invests in “build-to-suit” Triple Net properties for leaseback Read the rest of this entry »

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Published in General, Market

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