Do You Know How to Do Your Own Pre-Purchase Inspection? | Wilmington NC real estate

Buying your first – or any – home means taking a cool look at what you’re about to invest in. Here are four major items to check out before you write your check.House with magnifying glass

  • Sills, beams.
      • Possible defect: Rot caused by moisture or boring insects.
      • Check method: Poke wood with knife for spongy spots, especially near the foundation. Request certification of most recent termite inspection.
  • Windows and Doors.
      • Possible defect: Sticking, poor weather stripping.
      • Check method: Try all openings and note kind and condition of weather stripping.
  • Plumbing.
      • Possible defect: Aging, leaking pipes; inadequate water heater or water pressure.
      • Check method: Note kind of pipe (copper is best); compare heater’s capacity with family needs; try faucets while flushing for steady faucet flow.
  • Electricity.
    • Possible defects: Insufficient voltage; too few outlets.
    • Check method: Compare number of amps to appliance requirements; count outlets.

Our professional staff is waiting to help you find the home of your dreams. Call or e-mail us to find out more.

Foreclosures In Wilmington NC from $20,400 – $1,600,000 | Wilmington NC real estate

Search Foreclosures/Bank Owned properties from $20,400 – $1,600,000 – Wilmington NC real estate

http://www.cbbaker.com/idx/residential/search

$20,400
2 Beds
1 Full Bath
0 Half Baths

This house has a large lot. Remake this quaint cottage into your dream home. This cute little house has so much potential. It is located on the popular southside of downtown, and is just…

$24,500
2 Beds
1 Full Bath
0 Half Baths

This house has a large lot. Remake this quaint cottage into your dream home. This cute little house has so much potential. It is located on the popular northside of downtown, and is just…

$29,900
3 Beds
1 Full Bath
0 Half Baths

Come check out this 3 BD 2 BA home, priced to sell. Although extensive renovation may be required, this low price allows you to do them and still come out below recent sales of similar homes…

$35,700
2 Beds
2 Full Baths
0 Half Baths

This house has a large lot. Remake this quaint bungalow into your dream home. This cute little house has so much potential. It is located on the popular northside of downtown, and is just…

$39,900
2 Beds
1 Full Bath
0 Half Baths

Quaint older home in downtown Wilmington on a quiet street, has a lot to like including a covered front porch, partially fenced back yard, storage shed, and some recent updates including a…

$44,550
3 Beds
1 Full Bath
0 Half Baths

Nestled in the heart of downtown, this 1920’s bungalow has a covered front porch that looks out on the front yard that is framed by a white picket fence. The expansive back yard has lots of…

$57,800
3 Beds
1 Full Bath
1 Half Bath

Just Reduced!!! Oportunity to purchase this ranch at a value price. This home is for the buyer who wants to do things to a charming older house, garage and yard. It’s older, but built to last…

$62,500
3 Beds
1 Full Bath
0 Half Baths

New carpet and paint make this a move-in ready home. This is a great value for a single family bungalow in Wilmington, NC. This home is surrounded by some really cute homes. The deep lot makes…

$64,260
2 Beds
1 Full Bath
0 Half Baths

This Not So Big House is the ultimate Bargain Cottage! It is functional and practical, easy maintenance and cozy. Step inside to appreciate the awesome upgrades. The composite wood flooring is…

$74,900
3 Beds
2 Full Baths
0 Half Baths

Super deal on this one! Cape Cod style house built in 2004. Rocking chair front porch. Open floorplan with kitchen as center focal point. Master bedroom and second bedroom are down

Foreclosures in Wilmington NC | Real estate

 

Welcome to our Free Wilmington NC Foreclosure Site.

These prices won’t last for long!

Foreclosure, short sale closeouts.

Many desirable properties sell within 48-72 hours of availability.

Be the first to know about these homes!

Foreclosures from $50,000 – $175,000  Click Here…

Foreclosures from $175,000 – $300,000 Click Here…

Foreclosures from $300,000 Click Here…

Click Here to search on your own

We will provide you with free daily updates on Foreclosures and Short Sales in the Wilmington area.  Save money and enjoy quick equity when you purchase a foreclosed  or a short -sale home.  You provide the price and what you are looking for, and we will put you on our automatic  listing alert service directly from our MLS system, so that only the homes that match your criteria will be emailed to you.  At your convenience look through the listings  and if one catches your eye, call us and we will make arrangements with the bank to get more information about the home. It’s just that simple. 
Just fill out the email request below and leave the rest to us.

Our speciality in todays market is short sales, foreclosures and Bank owned property.  We are knowledgeable and up to date on how to get you the very best price. Just have questions about the real estate market, email us anytime and we will be glad to answer your questions or concerns.

This service is available for New Hanover County, Brunswick County & Pender County. Wilmington NC Real Estate searches can be done on our website www.cbbaker.com

Or email us for a weekly list of new listings – bakerwayneassociates@ec.rr.com

To Live on The Water Is Devine | Waterfront/View Short Sales | Wilmington NC real estate

To live on the water is devine…. Recent Short Sales in Wilmington NC.   Search from your phone on mobile.cbbaker.com …enjoy…

$70,000
0.89 Ac

Beautiful marsh front lot on the creek on almost an acre in Olde Point subdivision of Hampstead. 4 bedroom septic permit was in hand, but recently expired. Property is a short sale.

$99,000
0.13 Ac

Ocean Ridge oceanfront lot. Build your dream home in one of Topsail Island’s most exclusive oceanfront communities. Lot is within walking distance to the Ocean Ridge Community pool and clubhouse.

$100,900
3 Beds
2 Full Baths
0 Half Baths

Waterfront!!! Gardner’s dream! Hidden away in woodsy private dead end street setting.Elevated lot situated on creek with marsh and ICWW views from the creekside deck. Garden areas abound with…

$119,000
1 Bed
1 Full Bath
0 Half Baths

Oceanfront spacious 1bd 1ba condo at Great location! Situated middle Island Carolina Beach, this condo is a ground floor unit & has been beautifully decorated. Freshly painted. Located in…

$125,000
1 Bed
1 Full Bath
0 Half Baths

Enjoy condo beach living with the luxuries of a garage. This ocean and marshview unit has two decks, open kitchen/living area and just a block from Carolina Beach Pier and the infamous North…

To view all the Waterfront/View Short Sales visit my website link here…

Don’t Get Blindsided when Buying a Distressed Property | Wilmington NC real estate

http://www.yourhome123.com/infocenter.asp?UserID=138856&ArticleID=80&m=8&p=1.

Everyone wants to get a good deal on a home that they are considering purchasing.  Please do your homework first.  Get with a buyers representative to help you navigate the process.  These are some of the steps that will help you in your quest to buy a distressed property.

 
 
 
 

 

REAL GEMS

Don’t Get Blindsided When Buying A Distressed Property
 

 

 

If you’re getting ready to buy a home to live in or a vacation home to visit or an investment property to rent out, you’re probably interested in exploring the distressed properties available in today’s market. Why not scoop up a bargain, right?

 

There’s just one problem: Some distressed properties aren’t bargains at all — not even close. They may not be in an ideal location. They may need major repairs or improvements. Others will have too few of today’s sought-after amenities, or be in a poor school system, or be surrounded by dozens of other distressed properties. And those are only some of the possible pitfalls.

 

Still, there are some real gems out there. Your challenge is to find that distressed diamond in the rough — either pre-foreclosure or post-foreclosure — that’s worth your long-term investment of cash and monthly payments. Here are some market-smart secrets to set you on the right path to a worthwhile distressed-property purchase.

 

Contract with a buyer’s agent. This is a real-estate pro who will look after your interests, not the seller’s. An agent experienced in working with the institutions selling distressed properties — banks, government agencies, etc. — can help you identify homes suitable to your needs and goals. Even more, your agent will guide you through the negotiation process so you emerge with a great price on a valuable property.

 

Get pre-approved for a mortgage. We’ll work with you to get loan pre-approval so you can move fast when you find a distressed property worth buying. Being pre-approved for a mortgage puts you in the same league as “cash buyer” competitors that are also bidding on the best bargains.

 

Visit candidate properties in person. It’s amazing how much different a property can look in person compared with photos posted online. The only way to get a true feel for a property and its location is to see it with your own eyes.

 

Hire a certified professional home inspector to thoroughly check out a property before you even begin negotiations with the seller. This will cost you several hundred dollars up-front, but the payoff could be huge:

 

  • Saving you from buying a home that has problems you neither have the money nor inclination to fix.
  • Identifying needed repairs you are willing to undertake so you can factor those costs into your offer to the seller. Ask several contractors for estimates of materials and labor needed to remedy any problems your inspector finds.

 

Focus on the numbers. The seller may not lower the price of the property enough to cover the expenses you’ll incur to make needed repairs and desired upgrades. Will you have the time, money, skills and/or contractor connections to accomplish those tasks after you purchase the home? If the answer is “no,” be prepared to keep looking.

 

Check for fit. Remember, a distressed home can only be a great deal when it meets your needs, wants and goals. Just because a property is inexpensive and in good shape, doesn’t mean you’ll be satisfied with it long term.

 

 

 

Shortsales | Help| Wilmington NC real estate

Shortsales.

If you find that you are in need of help with your own home financial situation, or you would like to help someone out of their financial situation by purchasing a short sale,  rely on us to help.  Certified Distressed Property Expert can guide you through the selling and the buying process in a far more knowledgeable and timely process than doing it yourself.  Contact us NOW, by signing in below and we will contact you immediately to start the process of selling your home as a short sale or  looking for short sales to purchase. A free list of current short sales and foreclosures of Wilmington NC real estate will be emailed to you.  Search all Wilmington NC real estate on www.cbbaker.com

Wilmington NC real estate and Events this week

 

 

 
 
  
 
TGIF Scoop

 presented by Kay Baker & Associates

 Hello and welcome to TGIF Scoop! 

Good news this week for the real estate market as the foreclosure rate has dropped now 4 months in a row, since the high in July. In addition, default notices were down 8 percent. California, Florida, Illinois and Michigan account for 50% of all foreclosures. What does all this mean for our local real estate market? It is a good sign that our inventory of foreclosures will also start to decrease and we will see good signs of recovery after the first of the year.

 Remember, when it comes to real estate, we are the local market experts. We examine local market data and trends daily in assisting our buyers and sellers. Use our knowledge to your advantage! Remember, TGIF……….
 

  25th Annual Holiday Show

at New Elements Gallery

Featuring over 40 regional artists the show

 will run through January 9

Cameron Art Museum

Toying with Art”11AM-2PM Tues-Fri; 11AM-5PM Sat-Sun

Cameron Art Museum, 3201 S 17th St.

www.cameronartmuseum.com

  

 
Star news photo

Caroling by Carriage or Trolley

 
 7-10PM Dec 18-24, Market & Water StreetsDowntown Wilmington

  
“Night of January 16th”
 
Featuring Joe Gallison
Cape Fear Playhouse Theatre
 

 
 


 
Worlds Largest Living Christmas Tree
 407 Hilton St.
Wilmington, NC

 


 

New Elements Gallery

“Transitions”

www.newelementsgallery.com

  

Christmas Jazz Cafe Night 

Fundraiser for the Family Neighborhood Institute

 8PM Dec 18 at Coastline Convention Center

200-3683 or 762-6297


  Cameron Art Museum  new exhibit, “Winning IDEAs: Selected Product Designs 2008,” featuring the world’s most innovative industrial designs. 

 

LAST WEEKEND UNTIL SPRING!

Riverfront Farmers Market

Saturday,   8:00a to 1:00pm
at Riverfront Park, Wilmington, NC

 

   Wilmington NC  Night Spots

   Friday, Dec 18

  
 Dane Britt – Front Street Brewery

 Radio Cult – Wild Wing Cafe  

  Saturday, Dec 19

 
 
 
 
 Machine Gun – Kefi’s  

Tom Rhodes  – Palm Room

 


 
 

RECIPE OF THE WEEK 

CRANBERRY PINEAPPLE SALAD

1 CAN DOLE CRUSHED PINEAPPLE IN JUICE, UNDRAINED

2 PKS 4 SERVING SIZE JELLO RASPBERRY FLAVOR GELATIN

1 CAN 16 OZ WHOLE BERRY CRANBERRY SAUCE

1 MEDIUM DOLE APPLE, CHOPPED

2/3 CUP CHOPPED WALNUTS

DRAIN PINEAPPLE, RESERVING JUICE. ADD ENOUGH WATER TO PINEAPPLE JUICE TO MEASURE 3 CUPS; POUR INTO LARGE SAUCEPAN. BRING TO BOIL; REMOVE FROM HEAT. ADD GELATIN; STIR AT LEAST 2 MINUTES UNTIL COMPLETELY DISSOLVED. ADD CRANBERRY SAUCE;STIR UNTIL WELL BLENDED. POUR INTO LARGE BOWL. REFRIGERATE 1 ½  OR UNTIL SLIGHTLY THICKENED.

STIR IN PINEAPPLE, APPLE AND WALNUTS. POUR INTO SERVING BOWL.

REFRIGERATE 4 HOURS OR UNTIL FIRM. MAKES 14 SERVINGS.


  NEW FEATURE!

 SEARCH THE ENTIRE WILMINGTON AREA MLS
 FOR HOMES FOR SALE

FROM YOUR PHONE!
 JUST TEXT 14059 TO 44133

TRY IT!


 THE TOWNES AT CARLETON PLACE

 WoW! Builder to supply a “Builders $8,000 Stimulus

to Help You out on purchase of a Carleton New Unit!
limited time

To find out what your home is really worth…..
 
Find your dream home at a price
you can afford.
FAST, EASY, AUTOMATIC and FREE!
Free list of homes with pictures delivered to your email.

 kaybaker.realtor.com would like to personally thank you for your time and I hoped you’ve enjoyed hearing the Scoop.

www.kaybaker.homesandland.com

 I

Please feel free to pass this information along!
 
Best Regards,
Kay Baker, ABR,CRS,GRI

  !