INSPECTING YOUR HOME | How will a home inspection benefit me?

www.WilmingtonNC-realestate.com


The purchase of a home is the single most costly investment most people make, and you want to know what you are getting for your hard earned money. Inspections are a great way for home buyers to assure themselves that the home they are buying is in good condition.

A real estate agent will not determine the condition of the property. It is your responsibility, as a buyer, to ascertain the condition of the property. A licensed, professional inspector is best qualified to make an unbiased and objective evaluation of the functionality of each item or if it is in need of repair. The seller is not required to repair any items, but in the event he/she chooses not to, then the buyer may terminate.

What will the inspection cover?

An inspection will usually cover, at a minimum, those items specifically mentioned on the offer to purchase and contract. However, the inspector will not limit himself to those items.  Read rest of story here….

Golf Course Homes | Wilmington NC Real Estate, Wilmington NC Homes for Sale, Wrightsville Beach Homes

Golf Course Homes | Wilmington NC Real Estate, Wilmington NC Homes for Sale, Wrightsville Beach Homes.

THIS JUST IN: Fly Like An Eagle

on the bucket list…

Cute Overload

Soaring over Chamonix, Mer De Glace in the French Alps- amazing.


As seen on Mashable. From YouTuber Srachi.

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THIS JUST IN: The Best Day Of My Life

Cute Overload

People, say hello to Meaty. Watch this chunky slobberknocker roll through the best day of his life. We should ALL be so lucky. (PS- Watch this all..the..way..thru!)


“This is just the thing for a gray day like today in NC.” -Elisa B., who spotted it on MSN Now. (PPS- Learn more about these terrific animuhls at Georgia English Bulldog Rescue.)

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Moving On Up | New Buyer Wish List

www.WilmingtonNC-realestate.com

MOVING UP


Today’s Move-Up Buyers Differ From Yesterday’s

If you already own a Wilmington NC real estate home and you’re looking to buy a larger home, you’re a “move-up buyer.” You’re probably a bit different from move-up buyers of yesterday though. Some move-up buyers today are a lot more cautious — and for good reason.

Move-up buyers today are looking for a home to fit their needs because remodeling an existing home to add more space is often more expensive than buying a different home that’s already large enough. That wasn’t the case before and during the housing boom.

Convenience is the name of the game today. Many move-up buyers want to exchange their move-in-ready home for a bigger one in the same, move-in-ready condition. Most move-up buyers today want the ease of simply moving, but not managing a large or potentially complex remodeling project.

Typically, move-up buyers are confident that their personal financial situation is stable and secure enough to allow them to afford a larger property than in the past, but they still demand good value and know home prices intimately. During boom times, move-up buyers counted on steadily increasing salaries (or bonuses) and ongoing, often unrealistic home appreciation to finance their property purchase and upgrades.

Today’s move-up buyers are realistic. Even if they must sell their home for less than they thought they would get (or are underwater with the mortgage and need to come to the closing table with funds), they realize that the move-up home they’re buying is also being sold to them at a lower price than it would have sold for several years ago. Sell for less, buy for less equals a good outcome overall.

Smart move-up buyers of today have learned the mistakes of yesterday’s move-up buyers to take advantage of good values in the real estate market. No matter what your home needs are today, we can guide your home search to find the best value to meet your financial goals and family needs.

Moving? Steps to save money….

www.cbbaker.com 

Wilmington NC

Moving services can be costly, but there are some things you can do to help keep down the cost of moving your household goods:

  • Do as much yourself as possible. Rent a van, pack, load and move with help from family and friends. At least do the packing to cut mover’s charges considerably.
  • Move off-season. If possible, schedule your move after September 30 and before May 1 for lower moving or truck rental rates.
  • Get the floor plan of your future home to ensure your furniture will fit-get rid of what won’t.
  • Toss old clothes. A full wardrobe carton weighs 75 pounds. Why ship items you won’t ever wear again? Instead, hold a tag sale and give someone else the chance to enjoy them.
  • Toss or sell low-value, heavy and large items you no longer need or want. Items such as weight-lifting equipment, bird baths, appliances, a pool table, etc. have a way of weighing you down.
  • Be generous. Donate items you don’t want to a charity and take a deduction at tax time. Many charities will be happy to pick up heavier items at your home.
  • Avoid storage expenses by coordinating move-out and move-in dates so you can transfer possessions directly from the old home to the new one.

Kure Beach NC | Sales Up But Inventory Low

Now might be a good time to sell your Kure Beach home.  The  number of sold homes rose from July to August 2013.  The inventory is low, which will help your chances of selling in this market.  To search all Kure Beach Listings, please visit http://cbbaker.com/kureBeach

 
 
 
 
 

 

  Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
  Aug. 13 Jul. 13 % Change Aug. 13 Aug. 12 % Change Jun. 13 to Aug. 13 Jun. 12 to Aug. 12 % Change
For Sale 87 90 -3.3%  87 99 -12.1%  89 98 -9.2% 
Sold 9 5 80%  9 7 28.6%  9 5 80% 
Pended 3 9 -66.7%  3 10 -70%  6 7 -14.3% 
Date 6/12 7/12 8/12 9/12 10/12 11/12 12/12 1/13 2/13 3/13 4/13 5/13 6/13 7/13 8/13
For Sale 99 97 99 87 0 77 81 82 80 96 96 96 90 90 87
New Listing 7 15 17 6 9 12 7 9 10 27 15 11 10 13 9
Sold 3 6 7 9 6 6 9 2 4 8 8 10 12 5 9
Pended 5 6 10 6 4 10 5 2 9 5 15 6 6 9 3
Months of Inventory (Closed Sales) 33 16.2 14.1 9.7 0 12.8 9 41 20 12 12 9.6 7.5 18 9.7
Months of Inventory (Pended Sales) 19.8 16.2 9.9 14.5 0 7.7 16.2 41 8.9 19.2 6.4 16 15 10 29
Absorption Rate (Closed Sales) % 3 6.2 7.1 10.3 0 7.8 11.1 2.4 5 8.3 8.3 10.4 13.3 5.6 10.3
Absorption Rate (Pended Sales) % 5.1 6.2 10.1 6.9 0 13 6.2 2.4 11.3 5.2 15.6 6.3 6.7 10 3.4
Avg. Active Price 466 474 488 499 0 486 506 520 507 503 505 501 484 490 477
Avg. Sold Price 275 325 212 310 382 400 369 400 281 485 492 349 313 355 291
Avg. Sq. Ft. Price 173 167 186 177 207 195 187 181 172 204 192 195 194 157 187
Sold/List Diff. % 95 100 88 92 97 83 96 95 98 94 97 96 97 97 95
Sold/Orig LP Diff. % 94 98 87 87 96 79 91 92 97 91 95 90 94 91 93
Days on Market 50 119 122 199 216 222 171 104 82 119 170 241 138 102 169
Avg CDOM 156 119 122 199 216 139 191 194 82 126 170 230 138 102 189
Median 283 269 190 235 350 318 285 400 261 344 348 345 333 275 250
Table Information