Testimonial received 6/18… Gary is a very professional, responsive, creative and excellent at explaining why different sales techniques should or should not be taken. He is diligent in his approach to market and sell properties. He was wonderful to work with. Herb and Faye Siner
Here is the latest news released about the FHA lending guidelines as they effect Wilmington Real Estate and Wilmington Homes for Sale. North Carolina FHA loan limits for 2009 have just been sent out. These loan limits increase the loan limits from the past and impact New Hanvoer County, Pender County and Brunswick County homes for sale. $303,750.00 is the newly raised maximum home purchase price for a single family type property. These limits will be in effect until December 31, 2009. GREAT NEWS !
This week in Wilmington NC Real Estate, I would like to spotlight a very popular neighborhood in our area… Kings Grant. Kings Grant is located in an ideal location in Wilmington on College Road just slightly north of town.
Kings Grant is so popular for many reasons. Obviously the location is ideal for reaching Wrightsville Beach quickly and easily at any time of the day. Kings Grant is one turn off of getting right on to I40 and a short 2 hour ride to Raleigh.
Pricing in Kings Grant is popular as well. Homes in this area are priced from the lower 100’s up to 200,000 and slightly beyond. Homes in Kings Grant can be bought by many types of families and income levels.
Housing in Kings Grant tend to be ranch homes with a few split levels. These homes were built in the ’70s and most are 3BR homes with 1.5 Baths. Brick was the primary exterior used at the original time of construction. Many of these homes have been remodeled and the pride of ownership seems to be growing by the day.
I am very familiar with Kings Grant and would love the opportunity to show you what this area has to offer. Contact me today to learn more at 910-620-8838 and thank you for reading Wilmington Real Estate.
Testimonial received 3/3… Gary went above and beyond the call of duty. He even helped us move and was a huge help. Gary will certainly be recommended by me to anyone buying or selling property. John and Rachel Belch
You may have noticed Wilmington Real Estate for sale signs appear to be everywhere. Whether you are new to the real estate market or not, I would like to share some tips that may help you make the right buying decision for you and your family. As your Wilmington real estate agent, I will travel on this journey with you to present all available information so an informed decision can be made.
1. Buy a home because, for you and your family, it’s the right thing to do. Buy because it’s more affordable than renting, because you plan on staying put until it pays off in the future, buy because it is a good fit for your lifestyle and your personal goals.
2. Examine your credit. Know what your credit report says before your lender does. AnnualCreditReport.com is the one and only official, federally sanctioned program giving you free annual access to your credit report.
3. Get a mortgage approved before you begin to shop for a home. You need to know how much you can afford and how much home you can buy so you can negotiate from a position of strength.
4. Buy like a savvy investor. Buy low now, sell high later. You may want to look for the most affordable home in the neighborhood, community or area in which you wish to live. These homes will always bounce back the strongest.
These are just a few thoughts to consider as you enter the Wilmington Real Estate Market. I welcome the opportunity to talk with you in person to find the right house to call your home.
Today in Wilmington Real Estate, I would like to discuss Foreclosed homes and Short Sales transactions.
In our local market today, we are seeing countless more short sales, bank owned properties, and foreclosures than ever before. These foreclosed and short sale homes can represent a great opportunity to obtain a great price on a home. However, they are not for everyone and can encounter a lot of pitfalls along the way.
With Short Sales, typically the biggest issue is time. It can take as long as 3 months or more before you get under contract with another 30 days to get to the closing table. This is not always the case as some of the short sales are pre-approved providing a faster response time from the bank.
Feel free to call or email me to help decide if one of these homes would work for your needs. I would also be happy to send you a complete list of these properties in your price range and area of interest.
Thanks as always for reading Wilmington Real Estate.
This week in Wilmington Real Estate, I wanted to remind everyone about the big announcement in Wilmington. David Cook, recent winner of the American Idol TV show, will be making an appearance here in Wilmington. David will perform live at Trask Coliseum on the campus of UNCW on April 2nd in association with the Azalea Festival.
Tickets are sure to go fast for this special event and I am told that they will cost approx. $45 each. We are fortunate to have such a performer come to our city but this is certainly not our first Idol star. Carrie Underwood, winner in 2006, performed for our festival as well not too long ago.
Special events like the Azalea Festival that attract thousands of visitors each year prove why Wilmington is such a special place to live and work. When you are ready to learn more about Wilmington Real Estate and Wilmington Homes for Sale, contact me at anytime.
Here we are in Wilmington Real Estate in mid January and Mortgage activity is as high as it has been in the last 6 years. Many homeowners are taking advantage of the historically low rates and re-financing their properties to cash in on the savings. This activity has allowed many of these homeowners to free up money for needed improvements to their homes or other consolidation activity.
With every upside there is also a downside. The current downside is that some homeowners and buyers may not be able to fully take advantage of these rates in Wilmington. Lenders have new guidelines that may prevent clients from obtaining a program that best works for them. Always check with your local Wilmington Mortgage lender to see how these changes apply to you.
I work closely with many lenders in the Wilmington Real Estate area and would be happy to suggest a few to consider. Feel free to contact me today directly at 910-620-8838. Thank you as always for reading Wilmington Real Estate and Wilmington Homes for Sale.
This week we lost an 11 week trend in mortgage rate decline. Rates averaged 5.12% which is actually up from the week before when the numbers came in at 4.98%. Now these rates are averages across the country and we have seen much better numbers in the Wilmington Real Estate area. Even though this wonderful record will no longer continue, it’s important to realize that rates are in a constant state of change. They will always tick up or tick down and you should not worry yourself from one day to the next. We are in a wonderful time with rates and they are ALL good right now.
If you would like to see how these wonderful rates impact you in Wilmington Real Estate, feel free to contact me at anytime. My direct number is 910-620-8838 and I am always here to help.
Today in Wilmington Real Estate, I would like to provide you with more information about our relocation services. Prudential Relocation is a complete full-service relocation company which serves corporations and organizations around the Unites States and the world. Learn More.
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