Spring Has Sprung

In my February Blog pictures you see snow that fell in North Myrtle Beach, SC but on that same day a few hours later the snow was gone. A few weeks went by and the month of March arrived and with it the early signs of Spring. Flowers are blooming and temperatures have returned to normal which is in the 60s and 70s. Spring is my favorite time of year in the Myrtle Beach area because it lasts for several months. When we lived in the northeast springtime weather shortened to the point it seemed to last only days.

North Myrtle Beach February 2010 Snow

Pictures from North Myrtle Beach snow that melted quickly.

Winter Weather In Myrtle Beach

I've been teasing friends and family in the northeast because they have received record snow during the past few weeks. Well since last year the North Myrtle Beach area saw a dusting of snow which hadn't happened in at least six years and Myrtle Beach had no snow I felt smug.

The weather forcast for Myrtle Beach on Friday, February 12, 2010 is snow of 1" - 3". I guess since they are calling for snow in Florida and the fact that even if there is some snow it melts almost before you can grab your camera I can still say "Are you ready to move to Myrtle Beach?"

Fall Comes To The Grand Strand

Even though the daytime temperatures range in the 70s to 80s many trees will soon change to the beautiful Fall colors those from the northern US know so well. The majority of people that visit the Myrtle Beach area have no idea that we actually experience four seasons. Those who discover the fantastic weather are known to make a permanent move here for their retirement. If you have only visited the Myrtle Beach area in the summer try some visits during other times of the year and you probably won't want to leave.

Beach, Boogie & BBQ

Beach, Boogie & BBQ at the Market Common, Myrtle Beach (Just south of the airport)

Saturday, September 5, 2009

Music, Food, Classic Cars from the Myrtle Beach Car Club, and much more

All Proceeds go to the Special Olympics of Horry County

Myrtle Beach Real Estate

Myrtle Beach Real Estate: "Myrtle Beach's 4 Seasons"

Unless you have been to Myrtle Beach during each season of the year you may not know that even though the weather is semi-tropical there are four seasons. The secret is that Spring and Fall last for months while Winter comes and goes for just a few weeks.

Fall brings the color changes to the trees just like in the northern States of the U.S.. The Spring burst of colors doesn't just disappear overnight.

Is Myrtle Beach's weather just about perfect? I'll never tell!http://www.sandymyrtlebeach.com

Myrtle Beach area Intracoastal Waterway

Myrtle Beach - Winter at Sunset

Trying To Sell A Home? You Should Know About A “Lease – Purchase Agreement”

(Not an option to purchase this is a sale that can be a win/win)

Before entering into a Lease – Purchase Contract Agreement the Seller should already know what the dollar amount for the monthly payment of the Lease portion needs to be to cover required costs if that is a factor. A large portion or all of the monthly payment will become part of the Buyers down payment and that portion is not rental income.

Keep in mind that during the Lease term the Seller may be able to claim a loss on their income tax return for their property expenses. Plus the amount of the initial down payment and subsequent monthly additional down payment are not taxable income when received, but are part of the sale price when the Purchase has gone to settlement and the deed transferred. (Sellers should consult with a trained income tax person)

The Contract Agreement should include a statement that no dollars paid to the Seller by the Buyer are refundable after ____ days. (Usually 30 days which allows the Buyer time to have had a Home Inspection and possibly cancel the entire Lease – Purchase according to the terms in the Contract Agreement).

To put it simply a Lease – Purchase can be done as follows:

Buyer gives Seller a large down payment (minimum $5,000 for every $150,000 property value). The down payment goes directly to the Seller and is not held in escrow.

Each month the Buyer makes a payment directly to the Seller and all or a large portion also becomes part of the down payment.

The Lease term is negotiable but normally one year and that date becomes the Closing Date on the Purchase portion of the Contract Agreement. The Contract Agreement should state and the Buyer should understand that they have to have their financing (mortgage) approved and ready to close on or before the Closing Date. If the property does not close on or before the Closing Date the Seller can cancel the purchase, keep all down payment monies, and do what they want with their property.