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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
This first floor townhouse at Courtyard at Yardarm features a front porch, back deck, one bedroom, one bath, all appliances including washer and dryer. The community pool...
- 1 Beds
- 1 Baths
- 2108816 MLS
Listing courtesy of RE/MAX Southern Shores , Ryan Korros Team.
RARE 3 BEDROOMS 2 BATHS FULLY FURNISHED and COMPLETLY RENOVATED BEACH GETAWAY TUCKED BENEATH SOARING PINES and MATURE PALMS STEPS to the CRYSTAL BLUE ATLANTIC OCEAN! Coas...
- 3 Beds
- 2 Baths
- 2108814 MLS
Listing courtesy of Watermark Real Estate Group , Brandy Campbell.
AMAZING RICEFIELDS VIEWS! On the ricefields in desirable, gated Litchfield Plantation. The kitchen has granite and stainless steel appliances including a gas range. Lar...
- 3 Beds
- 2 Baths
- 2108733 MLS
Listing courtesy of The Litchfield Company RE , The Jamie Beard Team.
Located Right on the POND!!!!!July CLOSING!!!!!NEW TOWNHOMES in the highly desired neighborhood of Belle Harbor. This is an Interior UNIT! This is the Pinehurst Model. T...
- 3 Beds
- 2 Baths
- 2108729 MLS
- Belle Harbor Towns, Pinehurst Bldg.
Listing courtesy of Lennar Carolinas LLC , David Nuckles.
Lovely garden home with many amenities.
- 3 Beds
- 3 Baths
- 2108704 MLS
Listing courtesy of ListWithFreedom.com Inc , Ralph Harvey.
The best the South has to offer! Live the lifestyle that only magnificent Litchfield Plantation can provide. This tastefully appointed, spacious unit offers four bedrooms...
- 4 Beds
- 4 Baths
- 2108664 MLS
- Tuckers Woods Bldg.
Listing courtesy of The Litchfield Co-Lachicotte , Wally Krask.
SO Many Upgrades! Granite! Granite! Everywhere! Seller enclosed back screened porch / patio area for heated square footage! Wood burning fireplace open to LR and Sunroom!...
- 3 Beds
- 2 Baths
- 2108488 MLS
Listing courtesy of Basils Realty , Diana Pieri.
This lovely 2 bedroom, 2.5 bathroom family home is located in prestigious neighborhood Fairway Ridge and features a bright and spacious floor plan! The charming kitchen f...
- 2 Beds
- 2 Baths
- 2108456 MLS
Listing courtesy of Sloan Realty Group , Blake Sloan.
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
- 2108291 MLS
Listing courtesy of CRG Real Estate , Rainbow Russell.
Bask in this bright, full of character townhome! Located on the end of the building and right by the elegant Clubhouse and junior Olympic pool. Stepping into the home o...
- 4 Beds
- 3 Baths
- 2108288 MLS
- Living Dunes Bldg.
Listing courtesy of CRG Real Estate , Rainbow Russell.
Shadow Moss in North Myrtle Beach! Spacious 3br 2 1/2 ba townhouse with a large living area, breakfast bar, balcony off master bedroom, large porch of living room. Being...
- 3 Beds
- 2 Baths
- 2108225 MLS
Listing courtesy of Coastal Pines Realty , William F "Jody" Harrison.
Welcome to Firebird Townhomes! This beautiful 2 bedroom, 2.5 bath townhome is updated and ready for its new owners. Amazing location with a 3 minute walk to the beach. Fe...
- 2 Beds
- 2 Baths
- 2108176 MLS
- Firebird Townhomes Bldg.
Listing courtesy of Omni Real Estate , Jakob Matics.
Great Location in the Heart of Myrtle Beach! Move in ready under 150,000 and close to the ocean. This spacious townhouse has been newly updated with all fresh paint, carp...
- 2 Beds
- 1 Baths
- 2108092 MLS
- Wildwood Bldg.
Listing courtesy of Weichert RealtorsPalmettoCoast , Annalisa Jordan.
**This is a 4 WEEK INTERVAL OWNERSHIP - Monday to Monday occupancy. Partnership Agreement** Don’t miss your chance to own a piece of paradise with this 4 week interval ...
- 4 Beds
- 4 Baths
- 2107787 MLS
Listing courtesy of The Litchfield Company RE , Alyson Mabe.
Welcome to Pawleys Retreat. This beautiful condo has been loved inside and out. Within the last three years, owners have replaced the roof; hvac system and water heater. ...
- 3 Beds
- 2 Baths
- 2107700 MLS
Listing courtesy of The Litchfield Company RE , Team Bergeron.
Great 2 bedroom unit near downtown Market Common. Hardiboard exterior, granite countertops, gas heat.
- 2 Beds
- 2 Baths
- 2107690 MLS
- Garden Townhomes Bldg.
Listing courtesy of Sands Realty Group Inc. , Laura Lander.
Enjoy luxury living with less maintenance in the Grande Dunes in this well designed 3 bedroom, 2.5 bath townhome. With an open great room, kitchen and dining area, the fl...
- 3 Beds
- 2 Baths
- 2107580 MLS
- Living Dunes Bldg.
Listing courtesy of CRG Real Estate , Rainbow Russell.
Spacious, three bedroom, two bathroom, end unit, two level true townhome with no homeowners association a few blocks to the beach in the Cherry Grove section of North Myr...
- 3 Beds
- 2 Baths
- 2107528 MLS
Listing courtesy of CENTURY 21 Thomas , James "Scott" Mathews.
Spacious open floor plan in desirable, gated Litchfield Plantation, across the street from the ricefields and close to the community marina. This villa boasts of LVT flo...
- 3 Beds
- 2 Baths
- 2107053 MLS
Listing courtesy of The Litchfield Company RE , The Jamie Beard Team.
Spacious open floor plan in desirable, gated Litchfield Plantation, across the street from the ricefields and close to the community marina. This villa boasts of LVT flo...
- 3 Beds
- 2 Baths
- 2107051 MLS
Listing courtesy of The Litchfield Company RE , The Jamie Beard Team.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2021 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.