Archives for July 2011

Peeking into the Past in Murrells Inlet

Oyster Roast Babe's in Murrells Inlet

If you want to get a taste of the way things used to be around Murrells Inlet a must see collection of photographs has been archived for future generations. Murrells Inlet photo’s on the Murrells Inlet History Project offer a peek into the past in Murrells Inlet and thanks to all the efforts and the sharing spirit of the people that live in and love our community these snapshots of times gone by can be viewed by everyone online. You can also join the converstation on the Murrells Inlet History Project facebook page.

Looking throught this collection brings back many fond memories for those who remember where and who they were but it also offers a glimpse into the makings of our creekside haven and how Murrells Inlet has evolved over time. Might be much like anyplace when you think about it because we all have old photographs and we can all remember because old photo’s represent little pieces of our time. Copyright©2011 Sandra Bundy, Broker-in-Charge, B&P, Inc. Serving the Pee Dee and Grand Strand of South Carolina.

Lead me to The Five Star Conference

My goals this year included increasing my market knowledge and continuing my education in the REO market segment that I have served from the beginning of my real estate career in 2001. In joining the FORCE – Federation of REO Certified Experts, I have learned a wealth of information to help me be the best I can when serving my REO clients.

This year I also plan to attend The Five Star Conference and created this video to enter the contest for the chance to win registration at the event. Help me get there by watching the video. Thank you for your support.

3 Rules for Buying Your First Home

Today as I read about the IDX debate it occured to me that much confusion exists when it comes to buying a home and using the services of real estate professionals.  Since most buyers search the internet before ever contacting a real estate agent when they finally do take the first steps toward homeownership some remain clueless as to who will represent them and how agents are paid.  No wonder mystery remains when home searches are easy to do online and the rules for buying a home are not clearly defined by home search sites but by knowing your family needs doing research, and finding a trusted advisor the process is fairly straightforward.

Your Needs List – When it comes down to your first home it is all about you and your needs.  Wants are great if you can afford them but at the end of the day what you need should be given top consideration.  Your list should start with the most basic and you can expand from there and once you define what the space needs are and the type of property you wish to purchase other options will come to light.

Research – Moving to a new neighborhood or buying in one you know still requires research on your part when you are buying your first home.  Does the neighborhood have an easy commute to your job or would you rather move further from work?  Do you want to be close to restuarants and parks or are you looking for a quiet area off the beaten path?  Are schools, parks and recreation on your list?  The internet provides vast resources for researching your new neighborhood and who you will hire to help you find your first home.

Finding a Trusted Advisor – In South Carolina home buyers have choices when it comes to hiring a real estate professional to work for them on a home purchase.  SC Agency disclosure is required at first substantial contact and should be provided to you by any agent you contact for help with a home puchase along with providing you an explaination of agency relationships provided by the company.  Buyers can be customers or clients and hiring an agent to work for you in purchasing your first home should be given strong consideration.  In short the listing agent works for the seller and as a buyer of real estate in SC you can hire a buyers agent to work for you to protect your interests.

Buying your first home is an important purchase and there are many things that you should consider when you contact a real estate company for help.  Most important is making sure you get the help you need and go into the process knowing what you can expect when you look for a trusted advisor to help you find your first home.   You can become a client or remain a customer of the real estate company of your choice and by doing a little research buying your first home might be easier than you think.




Walking around in Murrells Inlet

In spite of the nice new bright yellow signs prominently attached to the Murrells Inlet Marshwalk signs there was a fender bender this morning on Business 17.  As I was enjoying my morning tea the loud crash certainly spelled trouble to me which got me thinking that even though efforts are underway to make the Murrells Inlet waterfront more pedestrian friendly, it clearly seems more needs to be done.

After spending last weekend on Bald Head Island with no cars in sight it wasn’t long before we realized that the absence of cars certainly makes for heavenly relaxation.  No doubt we are addicted to our cars but when you come to visit Murrells Inlet for lunch or dinner the best way to see our waterfront is on foot.

So maybe when the next great idea comes along for how to make the Murrells Inlet Marshwalk area safer for pedestrians perhaps the idea of parking the cars and enjoying the area by foot will come to mind.  It is after all the best way to enjoy the beauty of Murrells Inlet besides being in a boat that is.  Copyright©2011 Sandra Bundy, Broker-in-Charge, B&P, Inc.  Serving the Pee Dee and Grand Strand of South Carolina.

MARS rules relaxed for short sales

Short sale rules that went into effect in 2009 that required real estate agents to make disclosures to consumers will not be enforced due to the confusion it created for real estate professionals and consumers. The disclosures that could cause homeowners to avoid seeking the assistance of a REALTOR to list their homes as a short sale or cause agents to decline to help have been waived under the Mortgage Protection Relief Act.   Enforcement of the rules regarding short sales will be discontinued as long as agents are in good standing and comply with state laws and are working to assist homeowners with a short sale.  Rules regarding loan modifications still apply as does full disclosure in cases of short sales.

There are currently 60 Murrells Inlet homes listed as short sales of the 715 active listings in the Murrells Inlet area. While this translates to 8.3% of active listings an increase in Murrells Inlet short sales could be on the horizion as homeowners fall behind on mortgage payments due to job loss, divorce or unforeseen medical emergencies that force them to sell their homes.

In the FTC statement issued July 15th it is clear that homeowners need the help of REALTORS® to assist with short sales and the MARS rule confused the process at a time when homeowners needed the services of real estate professionals.  This is good news for homeowners as they work with lenders and agents to sale their homes and avoid foreclosure.  For more information on short sales in Murrells Inlet contact Sandra Bundy @843-902-7615.

The Inlet Wave of Freedom

Betty Jo & Alex Sing in Murrells Inlet

Today as I celebrate “Riding the Inlet Wave of Freedom” and the 4th of July I can’t help but take stock in how fortunate I am to live and work in Murrells Inlet as did many generations of my family before me. My granddaddy having the foresight to make his home along the creekfront allowed my father to do what he loved and become a pioneer in the fishing industry with the Capt. Alex. Not to be outdone my mother may very well have owned and operated one of the first women owned marina’s on the South Carolina coast at Inlet Port Marina in Murrells Inlet.

While these former Inlet Icons are gone and the locations of the thriving family businesses of yesterday are now the very parking lots that allow visitors to access the Inlet I am so proud of my Heritage and thankful for all the sacrafice that occurred to make us all Free.

So today as I celebrate the “Inlet Wave of Freedom” I am very thankful that my family decided that Murrells Inlet was the best place for them to land and that they had the freedom to make choices and follow their passions in this wonderful place I call home. I am also thankful to have been given the honor to be able to help many families find homes they love in Murrells Inlet and share this wonderful place with anyone who will listen. God Bless America and God Bless Murrells Inlet, South Carolina. Copyright©2011 Sandra Bundy, Broker-in-Charge, B&P, Inc. Serving the Pee Dee and Grand Strand of South Carolina.

Finding your home in Murrells Inlet

Searching for homes to purchase in Murrells Inlet or anywhere else for that matter more often than not begins with looking at real estate search sites like, Zillow or Trulia or heading straight to Google to find the perfect dream home. These search sites have millions of searches on any given day and while they do serve as a valuable tool for home buyers in comparing homes and neighborhoods, hiring a buyers agent to work for you can prove to be a wise move especially if you are relocating to this area of the South Carolina coast.

As your Murrells Inlet buyers agent we can help you narrow down choices too since we are your local neighborhood expert and know where and what you can get for the money you want to spend on your home purchase. While looking online prior to making contact with an agent is always a good idea make sure you are aware of the benefits of contacting an agent to work for you in your Murrells Inlet home purchase. The listing agent works for the seller and as a buyer of real estate in South Carolina you are entitled to and should have an agent work for you and protect your interest in a real estate transaction.

Finding your home in Murrells Inlet is what we do for our clients and the next time you think about buying your Murrells Inlet home let us know how we can help make that home dream come true. Copyright©2011 Sandra Bundy, Broker-in-Charge, B&P, Inc. Serving the Pee Dee and Grand Strand of South Carolina.