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Myrtle Beach Townhomes and Town Houses
What is the Difference Between a Townhouse and a Condo?
If you are like most people, you use the terms townhouse, townhome, condo, and condominium interchangeably. The use of town "home" and town "house" is the same as "home" and "house", so you can use them any way you choose.
It is important, however, to note that a townhouse is NOT a condo. There are a few distinctions that you must know prior to making a purchase.
There are a few ways that a townhouse and condo are similar. Both types of real estate offer a low maintenance lifestyle. In addition, the common areas and the amenities are owned by the association. It is common to pay a monthly HOA fee for the upkeep of the pools, fencing, landscaping, trash service, signs, parking and other features that are shared by each property owner.
Some of the differences between a townhouse and condo are very important to know. One major factor is that in about every case, the townhome owner owns the structure and land below the townhome. This is not the case with a condominium which you own the interior, yet the association owns the structure and the land it sits on. Because condos usually have more common areas, they also usually have higher monthly association fees.
The financing options are different between a townhouse and a condo. Because a townhouse has land attached to it, it is financed similar to a home. Condos are looked at differently by the banks. Is it warrantable or non-warrantable? -meaning - Does it pass the strict guidelines of Fannie Mae and Freddie Mac, and has it been approved by FHA? If some of these guidelines have not been met, then it may mean a higher interest rate on the mortgage.
If you are buying a Myrtle Beach condo and will need financing, ask your real estate agent if the condo is warrantable, non-warrantable, or FHA approved. Finding this information out after you have submitted your loan application is too late. In every case, the property owners association is capable of providing this information.
One way that you can tell if you are looking at a townhouse or a condo is whether or not there is a second dwelling above another. If there is another property above, then it has to be a condo because it is not sitting on land. However, a condo can sit on land and still not own the land so be careful. Looks can deceive you.
Still another similar property is the Garden Home or Patio Home. One builder's definition of this type of structure is: "a single-family detached or duplex home on a small lot with amenities similar to a townhome or condominium, such as yard maintenance provided by the homeowner's association or a community pool".
Some townhomes in Myrtle Beach and North Myrtle Beach that we like are:
Edgewater in Barefoot Landing
Townhomes in The Woodlands in Barefoot Landing
Sawgrass East Townhouses - Carolina Forest
Townhomes in The Farm - Carolina Forest
Wellington Townhomes
Park West Townhomes in Murrells Inlet
Parkview Subdivision
Riverbend at Enterprise
Pine Island Townhomes
Ocean Keyes in North Myrtle Beach
Longleaf Place
Plantation Harbour in Little River
No matter what you read on the internet, make sure you verify before you buy a Myrtle Beach townhouse, patio home, garden home, or condo.
Myrtle Beach Townhomes for Sale
Location, Location, Location! A rare & large True Townhome with a garage and a gorgeous sunset lake view! This 3 bed, 2 ½ bath 1 yr. old Townhome comes with a galore of b...
- 3 Beds
- 2 Baths
- 2022261 MLS
- Bridgewater Towns Bldg.
Listing courtesy of Beach & Forest Realty , Larry Knowles Jr.
Gorgeous Townhome in Longleaf Place. What a convenient location. Building seven is located in rear of property and this townhouse has inviting patio backing to trees. ...
- 2 Beds
- 1 Baths
- 2022214 MLS
- 7 Bldg.
Listing courtesy of KingOne Properties , Glenda West.
Rare find! End unit, corner lot. This bright & Airy nearly new Three Bedroom, Two and a half bath Townhome . This two year old home has upgrades galore. Master on the mai...
- 3 Beds
- 2 Baths
- 2022201 MLS
Listing courtesy of Coastal Shores Realty Group , Raymond "Ray" Gramazio.
This floorpan rarely hits the market! Featuring an open concept 3 bedroom, 2 plus half bath townhouse is located in the sought after community of St. Andrews Townhomes in...
- 3 Beds
- 2 Baths
- 2022199 MLS
Listing courtesy of BRG NMB , Janelle Tiderman.
Check out this well-maintained and immaculate 3 bedroom 2 bathroom townhouse just around the corner and a few minutes from the shopping and restaurant section of Market C...
- 3 Beds
- 2 Baths
- 2022190 MLS
Listing courtesy of Callaway Estates , Connor Callaway.
Litchfield Plantation - This charming, free standing townhome with a beautiful lake view in gated Litchfield Plantation, comes with access to a private, owner’s beach hou...
- 2 Beds
- 1 Baths
- 2022186 MLS
- Chapel Creek Villas Bldg.
Listing courtesy of Keller Williams MB S. Realty , Troi Kaz Coastal Group.
Freshly renovated 3 bedroom 3 full bath townhome with private courtyard and lake view. Recent upgrades are new Kitchen with white shaker cabinets, granite tops and stainl...
- 3 Beds
- 3 Baths
- 2022156 MLS
- Fairway Lakes Bldg.
Listing courtesy of Grand Strand Homes & Land , Tim Fortson.
Here is the chance to own a beautiful townhome in the highly popular Market Common area of Myrtle Beach; which is a short walk, bike or golf cart ride to the great shoppi...
- 3 Beds
- 2 Baths
- 2022108 MLS
Listing courtesy of Brand Name Real Estate , Scott Beech.
Great opportunity to own within The Market Common area!! Windsor Gate is one of the hottest communities , due to its pricing and LOCATION! Enjoy this lifestyle with easy...
- 2 Beds
- 2 Baths
- 2022027 MLS
Listing courtesy of Shoreline Realty , Pamela Dobis.
Unique 3-bedroom, 3 bath townhome. Fairway Ridge is tucked away in the Deerfield Plantation community at a dead end with no thru traffic. Completely remodeled with new pa...
- 3 Beds
- 3 Baths
- 2021997 MLS
- Fairway Ridge Bldg.
Listing courtesy of Century 21 The Harrelson Group , Brendon Payne Expert Advisors.
This 2 Bedroom, 1.5 Bath end unit Townhouse is beautiful and well maintained. No HOA’s! Within the last two years, this townhome has had a new A/C & a new roof installed,...
- 2 Beds
- 1 Baths
- 2021992 MLS
Listing courtesy of Beach & Forest Realty , Robin Garrison.
Beautiful, like new condition three bedroom and two and a half bath townhome. First floor has entry with two bedrooms a full bath, laundry and entry from one car garage ...
- 3 Beds
- 2 Baths
- 2021966 MLS
Listing courtesy of Sellers Choice Real Estate NMB , Susan Palka.
Located in Emmens Preserve, 5 minute drive from the beach, this end unit offers it all- a short walk or bike ride to Market Commons! Be near the heart of it all- shoppin...
- 3 Beds
- 2 Baths
- 2021957 MLS
Listing courtesy of Century 21 The Harrelson Group , Jill Lindstrand Team.
Do you want to feel like your living in a RESORT all year long? Then stop right here and look no further. From the moment you drive up you’ll notice the meticulously mani...
- 3 Beds
- 3 Baths
- 2021932 MLS
- Lucca Bldg.
Listing courtesy of RE/MAX Southern Shores , Melissa Fedock.
Be one of the first to enjoy the adorable Savannah Bungalow home plan in Living Dunes! This duplex style home features 3 bedrooms and 3 full baths with an attached 1 car...
- 3 Beds
- 3 Baths
- 2021909 MLS
Listing courtesy of CRG Real Estate , Rainbow Russell.
Looking for a nicely priced 2 Bedroom/2 Bath Townhome not far from the beach? Look no further! Whether you desire a permanent, vacation, or investment home the quaint com...
- 2 Beds
- 2 Baths
- 2021608 MLS
Listing courtesy of Sands Realty Group Inc. , Michelle Williams.
This 2 bedroom 2 bath townhome is located in Berkshire Forest, a Carolina Forest community with side walks, tennis courts, sand volleyball & a fishing lake. Close to eve...
- 2 Beds
- 2 Baths
- 2021559 MLS
Listing courtesy of RE/MAX Southern Shores , Stacey Campbell.
This magnificent 3 bedroom, 3 full bath, 2 car garage, Brookhaven floor plan townhome in the highly sought-after subdivision of Ocean Walk shows like a model! This beauti...
- 3 Beds
- 3 Baths
- 2021526 MLS
- Ocean-Walk Bermuda Gardens Bldg.
Listing courtesy of Jerry Pinkas R E Experts , Jerry Pinkas Team.
Beautiful, French designed home including 3 bedrooms, 3 1/2 baths located in historic Litchfield Plantation. Borders the Waccamaw River which gives river & ocean access a...
- 3 Beds
- 3 Baths
- 2021468 MLS
Listing courtesy of ListWithFreedom.com Inc , Ralph Harvey.
Do you want a 4 bedroom, 3 bathroom home with some of the best amenities and the best school system in the area? Then look no further! This home features tons of upgrad...
- 4 Beds
- 3 Baths
- 2021458 MLS
Listing courtesy of BRG MI , Darren Woodard Team.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2020 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.