August 10th, 2010

It pays to be cautious before closing a deal so you won’t end up with something less than the paradise home you’ve always dreamed of. More tips on acquiring previously owned beach front property.
Don’t hesitate to ask the seller or agent all your questions. For example, you might need to know how much the seller paid for the property. Ask also about the reasons why the seller is getting rid of the property. Tell them that your reason is so that you can have an idea on how to meet the seller’s needs. Ask about the profit opportunities in the house. These can be new fixtures, new appliances, and new furnishings in the property. Ask also about remodeling endeavors. Info such as these can be important during price negotiations.
Source: Myrtle Beach Real Estate News
July 10th, 2010

It is common knowledge that the sun’s ultraviolet radiation causes sun burns. But thanks to the wide variety of suntan lotions in the market nowadays, you would want to scream and say, ‘sun burn no more!’ for the rest of your life.
Now, due to the assortment of suntan lotions, you start to get confused which one to buy. Actually, it depends on the person’s skin type. Usually, the higher the SPF, or the Sun protection factor, the more your lotion can protect you from the harmful UV-B rays.
To understand more about the lotion’s SPF, here is an example: “a person that normally burns in 10 minutes when out in the sun without protection, could stay out 15 times longer (150 minutes) and not burn with a sunscreen SPF of 15”.
Photo taken from http://www.sutree.com
Example taken from http://www.drdaveanddee.com/sunscreenspf.html
June 4th, 2010

Here is another advice for those who wish to acquire beach front property.
Be observant of any signs of damage. Most sellers of property are actually well aware if their homes are in need repair and updating to conform to current market value standards. Look for any areas of the house that need particular repairs and upgrading and see if you can deduct their costs from the market value of the property. Try to be cautious about this though, because instead of clinching that property, you might drive the seller away instead.
One way to have a relatively win-win situation is to offer a close to current market value that is based on recent sales prices of neighboring properties. Next, present the seller with a list of the repairs and upgrades that are needed to be done on the property and ask for credits. This way, the seller is assured of your seriousness as a buyer while at the same time he is made aware of the work needed to be done about the property.
November 22nd, 2009

An out-sized oceanfront apartment house in has been put up for auction. The structure, called the Waterfront, possibly will be sold for in so far as $80.5 million. The 161-unit estate at 211 Yacht Club Way is owned and managed by real estate investor Bascom Group LLC of Irvine. Bascom acquired the building nearly four years ago in an off-market transaction for an unrevealed figure. The property was put on the marketplace last Feb. 25. So far, there is no expected cost for the 1969 property, which is 90 percent chartered. The assembly comprises a 10,000-square-foot Chart House restaurant, which is sheltered into a long-standing lease.
October 30th, 2009

First-class structural design desires to be harmonized by a well-made and stylish interior. To give any beachfront property the preparation for advertising, the vendor can commissioned a design that is pleasing to the eye as well as entertaining. Designer Sharda Robertson exclaims that up-to-date design and beachfront setting can be the motivation for the interior. For any assignment, we convert the house to find out what will work best. We always wanted to have a nice, relaxed, beach side living environment, with unbiased colors that wouldn’t detract from the wonderful views. In designing, we need to incorporate muted marine tones, such as turquoise, and supplementary bright chartreuse accents to convey a tropical experience to the family living area. The look of course would not be finish without rugs, lamps, bed linen and kitchen items. The correct arrangement can honestly persuade a home’s sale price – often ever-increasing by 5-20%.
September 11th, 2009

Beachfront properties are the rage among baby boomers. Or so it seems. These days, the value of purchasing properties in beachfronts is being questioned, particularly whether it is a sound investment or not. Some would rather rent instead of own.
What we saw were a lot of rental signs with price tags that still seemed too high (to me anyway). For example, the condo we stayed in at the beach would sell for around 1.65 million — even though the rent on it was pretty low, nowhere near enough to cover the mortgage even if it rented steadily. Apparently, some investors don’t think that prices are too high. According to one real estate paper, Palmetto Previews, baby boomers are looking to buy second homes, vacation properties and retirement venues in the “red-hot South.”
Not only boomers, but even corporations and investment houses are gobbling up beachfront prime properties. Particularly with today’s weakening dollar, compared to the Euro and other currencies, foreigners are getting into the game.
However, for some financial analysts, this could be considered a “quick-flip” investment opportuinity. Say, if a generation of baby boomers did have a huge amount of holdings in similar type properties, and if one day all of them retire and decide to sell at the same time (to cash in), how would this affect the value of the commodity? Of course, with increased supply, the price usually falls. And the value of your beachfront assets would definitely fall should that day come.
So if you want a beachfront vacation house, would you rather rent or own?
August 3rd, 2009
Green paints that contains no lead and are made of naturally occurring and non-polluting components are slowly getting out to the market. They are still quite pricey but the savings they mean to the environment are unmeasurable. Getting a home painted is now easy as pie with most equipment and supplies now available at the local home depot. You may also have your windows changed to more efficient ones to save more energy. Read the rest of this entry »
July 26th, 2009

The Coronado Beach neighborhood, south of Flagler Avenue in Florida, has changed greatly in the past few years. Before, it was known for its scenic coastal views and peaceful older beach homes. Not to mention its relatively small-town feel. But due to recent tourist developments, The Coronado Beach neighborhood, ideal for its close proximity to the beaches, has been “invaded” by more modern structures. Plenty of developers are offering old-time residents hefty amounts for their properties which they can redevelop into condominiums.
Many residents have expressed their indignation over this. They do not want to relinquish their homesteads and they stand firmly against the more commercial redevelopment of their peaceful community.
SOURCE: News Journal Online
June 3rd, 2009
Being located on the beach, it is only fitting that one takes advantage of the abundant rays of the sun for electrification of say part of the night lighting. This along with many other green technologies are sweeping the nation to get people in on the move to save the earth. From upgrading to solar patio lights or even resort to solar panels on the roof to get some free energy for electrical needs. Read the rest of this entry »
May 5th, 2009
Own a beach-front property, spent a great deal of cash on first buying and then improving upon it? Then you’d be one of the many people who are faced with the same predicament, to rent it out or not? Well here are some of the facts you may or may not realize, being near saltwater which is very much corrosive, it will sustain damage whether you use it or not. Next, if you have a lot of rooms and can manage to rent out the ones you reserve for guests, well rental may be a nice option to earn cash for maintenance for you are surely not living in it all year round. Read the rest of this entry »