Why Wilmington NC? | Let Us Tell You…

Wilmington NC Real Estate

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Wilmington is our life long hometown and we can assist you with any questions or requests about Wilmington NC real estate or Wilmington NC homes for sale. Our clients benefit from our knowledge, integrity, decades of experience as  real life long Realtors, and a thorough understanding of the residential real estate market. Whether you are thinking of selling or buying a new home, condo, townhome, vacation home, golf course property, waterfront home, horse property, land or something in between, please allow Baker Wayne and Associates of Coldwell Banker Sea Coast Advantage to provide you the best service every step of the way. If you are searching for Wilmington NC real estate, Wrightsville Beach  real estate, Landfall real estate, Figure Eight Island,NC real estate, Carolina Beach,  real estate, Kure Beach,  real estate, Hampstead, NC real estate, Leland, real estate or New Hanover, Pender & Brunswick Counties real estate, you have found the perfect website to locate your dreamhome. We cannot speak highly enough about the real estate in Wilmington, NC and the properties that we represent.

 Take a minute to view this awesome video taken by Jack Davis and crew with Cape Fear Real estate directory.

Jack Davis Wilmington NC

 Wilmington NC Real Estate Market Conditions

For the latest Wilmington residential real estate conditions , please check out ourMLS Market Snapshot.

Welcome to the Cape Fear Coast!

Here you will discover the beauty and charm of Wilmington and area beaches. This unique paradise that is my life long home is awaiting you and your family. The Cape Fear region’s many miles of coastline, rivers and sounds offer a wide variety of fishing, watersports, and boating activities. Quite a few harbors are within minutes.

Recreation

With the mild climate, recreational opportunities abound in the area including many golf courses that are playable year round.We know you’ll enjoy life in our beautiful corner of North Carolina. We believe it’s one of the most inviting and friendly areas in the country.

  Historic District

Wilmington is blessed with a beautiful and extensive historic district with magnificent and stately oaks that are draped with Spanish moss. Azaleas and Oleanders abound and many homes have extensive gardens, some of which are opened to the public during the Azalea Festival.

History and architecture have combined to allow 230 blocks of downtown  to be placed on the National Register of Historic Districts. This city has seen a lof of history and it is fortunate that so much of it has been preserved or restored so meticulously in the downtown area. Some of the buildings are from the 1700s. The architecture represented covers Antebellum, Greek Revival, Queen Anne and periods in between.

Beaches NC

 

There are many beautiful beach communities that we have come to love and enjoy such as Wrightsville Beach, Carolina Beach, Kure Beach, Topsail Beach, Surf City, North Topsail Beach, Oak Island, Bald Head Island, Ocean Isle Beach, Holden Beach, Sunset Beach and Figure Eight Island, which front on the always captivating Atlantic Ocean.

 

Climate

Wilmington is in a temperate climate zone and the winds off the Atlantic, due the Gulf Stream effect, help keep winter temperatures moderate. However, there are four seasons and their transitions usually are spectacular. Extreme temperatures occasionally occur in both winter and summer, but typically, the average low temperature in January is around 36 degrees Fahrenheit and the August high is around 90.

Wilmington NC Economy

The wonderful climate and proximity to rivers, lakes and the Atlantic seashore are factors in the population growth. Another factor has to do with the location being a natural trade center. New Hanover county is a good location for comfortable living and a thriving business environment.  It has nineteen incorporated municipalities, more than any other county in North Carolina.

 

To find out more about our great town, please visit http://www.cbbaker.com

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Ten Savvy Ways To Pay For A House Today | Wilmington NC real estate

Different buyers have different mortgage needs. Fortunately, lenders today offer many mortgage options to choose from. Chances are you’ll find a mortgage plan that works for you.

Because points, fees and interest rates vary, check with us or your lender for specific information on the type of loan you are considering. The “snapshot” interest rate examples shown here are for illustrative purposes only and may not reflect current rates. For simplicity, all examples here use a $100,000 sales price. Monthly payments are for principal and interest only (taxes, insurance and condo/homeowner fees would increase your payment).

Adjustable-Rate Mortgage.

The interest rate is adjusted up or down periodically based on a financial market index (such as Treasury bills). Monthly payments start lower than for fixed-rate mortgages. The initial rate is set for a specified period — 1, 3, 5, 7, or 10 years — and then rates adjust on a schedule, say, annually. The adjustments generally are limited by annual caps and a life-of-the-loan cap.

Down Payment: $10,000
Mortgage Amount: $90,000
Term of Loan: 30 years
Interest Rate: 7% (until first rate adjustment)
Monthly Payment: $599 (until first rate adjustment)

Fixed-Rate 30-Year Conventional Mortgage.

A fixed-rate conventional loan is made by a commercial lender for 30 years. Monthly payments (excluding taxes) remain unchanged for the life of the loan. Some lenders allow mortgages with as little as 5% down, but require private mortgage insurance for loans with less than 20% down.

Down Payment: $10,000
Mortgage Amount: $90,000
Term of Loan: 30 years
Interest Rate: 8 1/2%
Monthly Payment: $692

Fixed-Rate 15-Year Conventional Mortgage.

This is similar to the 30-year conventional mortgage, except the loan is repaid in half the time. Interest rates are typically lower than for a 30-year loan, and interest paid over the life of the loan is less, but the monthly payments are usually slightly higher. Government-backed loans — VA and FHA — are also available in 15-year terms.

Down Payment: $10,000
Mortgage Amount: $90,000
Term of Loan: 15 years
Interest Rate: 8 1/4%
Monthly Payment: $873

Two-Step Loan.

This 30-year loan is a cross between the ARM and a conventional loan. The mortgage carries a fixed rate for 5, 7 or 10 years and then adjusts to market interest rates once for the remainder of the loan. The initial rate is generally lower than a fixed-rate conventional mortgage, but the second step of the two-step mortgage is often conditional on the lender’s approval.

Down Payment: $10,000
Mortgage Amount: $90,000
Term of Loan: 30 years
Interest Rate: 8 1/8% (for first 2 steps)
Monthly Payment: $668 (until adjustment)

Federal Housing Authority (FHA) Loan.

These are government-insured loans so homeowners can make a smaller down payment than on conventional loans. The limits on FHA loans are high enough to handle moderately priced homes in many parts of the country. FHA loans are assumable for future buyers who qualify.

Down Payment: $10,000
Mortgage Amount: $90,000
Term of Loan: 30 years
Interest Rate: 8 1/4%
Monthly Payment: $676

VA Loan.

These are loans for qualified veterans backed by the Department of Veterans Affairs with low or no down payment required. These mortgages are subject to the VA mortgage funding fee, depending on the size of the down payment. VA loans can be combined with second mortgages and are assumable to qualified buyers.

Down Payment: $10,000
Mortgage Amount: $100,000
Term of Loan: 30 years
Interest Rate: 8 1/4%
Monthly Payment: $751

Seller Financing.

Sellers may take back a loan against their equity in the property in the form of a first or second mortgage. One approach to owner financing is to use a balloon mortgage calculated and repaid for 5 or 7 years as a 30-year mortgage, but then the balance of the loan is due in a lump sum.

Down Payment: $15,000
Mortgage Amount: $85,000
Term of Loan: 5 years
Interest Rate: Negotiable
Monthly Payment: Depends on rate

Assumable Mortgage.

A buyer takes over the existing mortgage — usually FHA, VA or ARM — at its current interest rate, with the concurrence of the lender. An assumption may have a lower rate than those currently available, and taking over the mortgage may save on closing costs. The down payment makes up the difference between the sales price and the balance on the loan.

Down Payment: $30,000
Mortgage Amount: $70,000
Term of Loan: Time remaining on loan
Interest Rate: Same as seller had
Monthly Payment: Same as seller was paying

Wrap-Around Mortgage.

Here a new mortgage incorporates an older, assumable loan to help bridge the gap between the loan balance and home sales price. The interest rate is often below market, but higher than the rate the old mortgage carries. Payments are made to the new lender or the seller, who forwards part of the payment to the first lender. The term of the mortgage is the time remaining on the original loan.

Down Payment: $10,000
Mortgage Amount: $90,000
Term of Loan: Time remaining on original loan
Interest Rate: 9%
Monthly Payment: $724

Buy-Down Mortgage Plan.

The seller or a third party provides additional cash to the lender in exchange for a lower interest rate for the buyer. Approaches vary among permanent buy-downs, multi-year and graduated plans.

Down Payment: $10,000
Mortgage Amount: $90,000
Term of Loan: 30 years
Interest Rate: 6 1/2% (initial)
Monthly Payment: $568 (until subsidy diminishes or expires)

In addition to these loan scenarios, Wilmington NC has USDA 100% financing loans on certain areas in New Hanover, Pender and Brunswick counties.  For a map of  New Hanover County click here.  The areas outside the orange sections are in the USDA loan eligibility zone.  Let us know what area you would like to search for homes in and we will supply you a list of 100% financing USDA homes.

Awesome Wrightsville Beach Waterfront reduced $249,000 to $1,750,000| Wilmington NC real estate

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Wrightsville Beach | Wilmington NC real estate.

Spectacular dream home on Banks Channel with over 4100 sq. ft. of gorgeous living area. 5 bedrooms and 4.5 baths in a well thought out open, floorplan with ELEVATOR. Incredible views await you from most every room including large decks from the owners suite and main living area. Vintage inspired kitchen w/bead board cabinets, Champagne and cream granite counters, kitchen island with built-in gas, downdraft cook top, and 2 raised breakfast bars. And a breakfast room with uninterrupted views of the channel and your private pier with floating dock and 2 boat lifts. One is a 13000 lb. lift for your fishing machine and the other a 3000 lb. lift for smaller pleasure craft. A recently new bulkhead was installed along the beautiful backyard with sod, knockout roses and other indigenous shrubs and bushes. The large owners suite has beautiful Brazilian Cherry floors and a fireplace that is shared with the spa like master bath offering unsurpassed views from the 2 man whirlpool and separate walk shower. A perfect example of Wilmington NC real estate on Wrightsville Beach.

Over 4100 sq. ft. 5 BR, 4.5 bath dream home on Banks Channel with private pier, floating dock/gazebo and 2 boat lifts. Incredible Views. Prepare to stay awhile, because you have just found your new home.

To send a virtual tour to your cell phone –

text 14050 to 44133

To search Wilmington NC real estate please visit www.cbbaker.com

or text 14059 to 44133

Homes and Land – Got You Covered |Wilmington NC real estate

Wilmington NC real estate.

Full Color magazine of Wilmington NC real estate.  Online version have videos and additional information about the area.  Visit the site, any questions please let us know.

Wilmington NC real estate SOLD price continue to rise :: What to do in Wilmington NC

 

 

 

TGIF Scoop

 presented by Kay Baker & Associates

Hello and Welcome to the TGIF Scoop, The Wilmington NC real estate report  Read the rest of the story…

This may be one of the best  home buying opportunities due to historic low interest rates, foreclosure and short sales, and the large inventory to choose from. Don’t miss out on a once in a life time chance to get a really good deal.  Call us, use our local knowledge and experience to help guide you. Visit www.cbbaker.com for up the minute MLS listings of homes in our tri-county area. And, we can send you a detailed list of all the short sales and foreclosures on the market. Just send a quick email to kaybaker@seacoastrealty.com. We will send the list right to your email box.

Get out this  weekend and all the activities that Wilmington has to offer.. And, remember, TGIF…..

 

Kay Bakers Blog

Wilmington NC Real Estate – cbbaker.com

MARKET SNAPSHOT


 

"Shadowlands"

By Big Dawg Productions

Sept  16-19

  


Downtown Sundown Concert Series

 Friday 6:00p to 10:00p

Riverfront Park

 


Eighth Annual Southern Coastal Bluegrass Festival

10AM-8PM Sept 18-19

Battleship Park

Tickets $18 in advance, $25 at Gate

251-1788


Riverfront Farmers Market

Saturday 8:00a to 1:00p

Riverfront Park


"The Title of the Play"

Browncoat Pub and Theatre

111 Grace St.

8PM Sept 16-18, 23-25; 5PM Sept 19 & 26

 


 

Secret Garden Tour

Latimer House Museum 126 Third St.

10AM-4PM Sept 17 and 18

Tickets: $18

762-0492


"The Book of Liz"

SRO Theater UNCW

8PM Sept 16-18, 23-25; 2PM Sept 19 & 26

962-2793

 


 

Paul Hill’s Sculptures

Featuring "Southern Hospitality"

Bijou Park

Downtown Post Office

Riverfront Park

Third and Chestnut St

153 Water St.

 


 

 New Elements Gallery

"Transitions”

www.newelementsgallery.com


 

 

   Wilmington NC  Night Spots

   Friday, September 17

Blivet – Grand Union Pub

 

Denizen – Wild Wing

Blind Lemon Pledge – Beach House Bar & Grill

 

 

Saturday, September 18

The Flu – Wild Wing

Ten Below – Grand Union Pub

Mike O’Donnell – Holiday Inn

 

Sunday, September 19

  Bibis – Blue Water

 


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.

 


   

 ALL UNITS REDUCED UP TO $30, 000!

  SPECIAL PRICING ON ALL 3 UNITS –
Call Chris Rice – On Site Agent
910-262-3353
 details at www.thetownesatcarleton.com

limited time


To find out what your home is really worth…..

visit www.housevalueswilmington.com

Find your dream home at a price

you can afford.

www.dreamhomesofwilmington.com

FAST, EASY, AUTOMATIC and FREE!

Free list of homes with pictures delivered to your email.

www.cbbaker.com

www.kaybakerwilmington.com

kaybaker.realtor.com

www.kaybaker.seacoastrealty.com

www.kaybaker.homesandland.com

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

Please feel free to pass this information along!

 

Best Regards,

Kay Baker, ABR,CRS,GRI


 


linked in wilmington nc real estate

 

Tax Credit for our US Military |Wilmington NC Real Estate

Kay Baker Wilmington NC Real Estate | Wilmington New Homes Search | Covering Wilmington, Brunswick County and Pender County | Tax Credit for Military.

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Just a reminder to the Military and their families of Wilmington NC and other towns that  the Stimulus tax credit is still available for members of the Military and other Federal employees that have served outside of the US for 90 days or more anytime from December 2008 to May 2010.   Per the IRS: Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. Thus, an eligible taxpayer must buy, or enter into a binding contract to buy, a principal Wilmington NC real estate residence or in any US city on or before April 30, 2011. If a binding contract is entered into by that date, the taxpayer has until June 30, 2011, to close on the purchase. Read rest of story here…

Of course you can always search affordable homes in Wilmington, Hampstead, Jacksonville, Leland, Castle Hayne, Figure Eight Island, Wrightsville Beach, Carolina beach and Kure beach on http://www.cbbaker.com your Wilmington NC real estate connection.  Have a fantastic weekend!

Tour Downtown Wilmington NC on your phone | Wilmington NC real estate

Downtown Wilmington, Inc | Wilmington NC.

Search Downtown Wilmington NC

Welcome to our beautiful town of Wilmington NC.  To make things easy for you the Downtown Wilmington, INC. has a mobile phone application that will help you tour the Downtown Wilmington NC Historic district.  Shops, Restaurants, Entertainment, Parking, Events and everything you need to visit Wilmington NC.  There is a full event calendar as well so that you will not miss out on anything that is happening Downtown.  Please visit m.wilmingtondowntown.com .  While you are touring the area if you see a home that is for sale that you like you can Text 14059 to 44133 and search by street name.  All Wilmington NC real estate can be searched from your phone.  NC has something for everyone.  Take you time and visit all of Wilmington NC and the area beaches.  Visit www.cbbaker.com to search all Wilmington NC properties and estates online.  Enjoy.