Moving? Smoothing the Way for Uprooted Children | Wilmington NC real estate

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Wilmington NC real estate tips

If you’re moving with children, you may anticipate some (or a lot of) resistance. Take heart. You can make the uprooting and resettling more palatable by following a few of these suggestions: Child Packing Toys

  • Don’t jump to the conclusion that your children will, in fact, resist moving. They might surprise you and jump at the chance to make a new start. At any rate, don’t bring up the subject defensively. Deliver the news with a positive attitude.
  • If, however, the announcement causes real trauma, sympathize sincerely. Listen to the anticipated difficulties and search for solutions together.
  • Don’t disallow expression of those understandable feelings of hurt, anger and frustration. Instead, tactfully try to put a time lid on the emotional period. Let your kids know that you, too, feel sad and frustrated at times. Talk about how to deal with sadness and fear.
  • If possible, consider making your move during the school year. This will give your children a chance to make new friends immediately. Moving during the summer has advantages, too, but can proglong grieving many long, lonely months in a strange town – and increase the grieving about separation from old friends and former haunts.
  • Be as lenient as possible regarding long-distance calls to “back home.”
  • Enlist your children’s participation in the details of the move. Try to keep them from feeling they have no control over events.
  • Encourage your children to join groups, clubs and other organizations in the new location that are in line with their special interests.
  • Look for as many avenues of “adventure” as you can find to convince your children that doors are opening rather than closing. On house-hunting trips, bring back lots of photos, literature and brochures – especially about things they are concerned about. Better yet, take the children along on house-hunting trips, if possible.

Relocation can be difficult for the whole family. Let our professionals take care of the complicated details of buying or selling, while you take care of your family. E-mail us for the help you need to make family relocation a smooth move.

More TipsFor more tips on finding the right schools for your children, read our special online report, HOME SEARCH 101: Tips For Locating The Right Schools. Just click the link to read it right away. And feel free to give us a call for any other information or assistance you may need.

Baker Wayne And Associates 910-202-3607 1001 Military Cutoff Wilmington, North Carolina 28405 bakerwayneassociates@ec.rr.com www.cbbaker.com

Categories: Moving with Kids, wilmington nc real estate, wilmington nc relocation, wilmington nc weekly events, wilmington real estate stats

Wilmington NC Makes Top Spot On Another List | Commercial Real Estate Top Deal Gainer in 2012

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wilmingtoncommercial.pdf

Check out the latest release from Realtor.org and Real Capital Analytics.  The Wilmington NC real estate housing market is definately on the upswing, but add to that the Commercial Wilmington NC real estate sector.  Click on article to view.

Number 1 Top 10 Deal Gainers in 2012!

Categories: Wilmington NC Commercial Real estate, wilmington nc real estate, wilmington nc relocation

2013 Wilmington NC real estate Market | Setting the sales price | Inventory is Low

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The Market has been hot and the inventory is low.

Right Sales Price For Seller Is Buyer’s Call

Proper pricing is critical to a timely sale in any market. Yet, some home sellers today still want to set their price in relation to what their neighbors have sold for or are asking now, sometimes ignoring current market conditions and the differences between homes. When pricing a home — especially in today’s housing market — we find it’s helpful for sellers to understand what governs a buyer’s decision to purchase.

Here’s a quick look at how buyers view price:

  • Monthly payments are usually more important to buyers than the sales price.

  • The “out of pocket” cash needed at settlement/closing is a big factor with buyers.

  • All buyers want to cash in on a good deal.

  • Buyers have often shopped the competition and know how your home compares.

  • Buyers recognize value and shy away from overpriced homes.

  • Buyers don’t want to pay for your mistakes (paying too much when you purchased, over-improving the home, poor-quality remodeling jobs, etc.).

  • Buyers have no interest in how much money you need to realize from the sale to make your next move.

  • Buyers who work with a buyer’s agent mean business. They are ready to negotiate and close a deal.

Look at your competition and compare… www.cbbaker.com for all your Wilmington NC real estate needs.

Your Future Is Now
No matter what your 2013 move may be in real estate, we have you covered. Our professional services can help you sell your home and find a new home to love — or help you with a smart investment purchase. We are your go-to people for all your real estate needs all year long. Feel free to contact us whether you’re just in the information-gathering stage or you’re ready to make your move. We look forward to working with you!

Categories: Wilmington NC Market Statistics, Wilmington NC Neighborhoods, wilmington nc real estate, wilmington nc relocation

JUST SOLD! Free Neighborhood Updates | Wilmington NC real estate

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More Seller Tips…..

Extensive Coldwell Banker Sea Coast Wilmington NC Concierge Service List for you to use when buying or selling a home.

Wilmington NC Concierge List

For all your Wilmington NC real estate needs, please visit www.cbbaker.com

Categories: Figure Eight Island, Landfall, Porters Neck Plantation, Selling your home, Wilmington NC Neighborhoods, wilmington nc relocation, wilmington real estate stats

Why Is It Dangerous To Overprice My Home | Wilmington NC real estate

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Why is it dangerous to overprice my home?

Sometimes sellers are tempted to test a higher price at first to see if they’ll be lucky enough to find an uneducated buyer willing to pay. Unfortunately, experience shows this “Why not?” pricing strategy rarely pays off. Instead, asking the right price from the start avoids the many dangers of overpricing.

The right sales price is based on several factors: size of the house and its special features and amenities, recent home sales, demand for homes in your area and prices of similar homes currently on the market.

Although you may have decorated lovingly or renovated extensively, those improvements may have only a small effect on the market value of your home. In fact, personalized decorating can even slow a sale unless the style has wide appeal.

Overpricing Dangers

Here are 8 proven reasons why it’s dangerous to overprice your home:

  • You will miss out on pent-up demand.
    Most activity on a listing comes within the first 30 days. An initial high price can discourage buyers – causing you to miss out on pent-up demand – or tempt them to wait for the price to come down.
  • You will reduce buyer pool.
    Too high a price will eliminate a whole class of qualified buyers. Many buyers know just how high they can go and don’t even look at homes priced above their ceiling.
  • You might turn off buyers.
    You may experience few or no showings because some prospective buyers who can afford the price won’t waste time with an overpriced listing. They know they can get more house for their money elsewhere.
  • You could sell the competition.
    Overpricing helps sell other, more competitively priced homes first. Your home may be compared to underscore what a good deal another home is.
  • You could frustrate prospects.
    Prospective buyers who might stretch their best offer can become frustrated when they can’t buy the home they want at a fair market value – only because an unreasonable seller insists on accepting only a premium price.
  • You will frustrate your own timetable.
    You could become frustrated, too, when your house fails to sell in a reasonable amount of time, leaving your plans in limbo. Only a price reduction is likely to help sell your house faster and meet your “move out” timetable.
  • You will raise doubts about hidden problems.
    If your overpriced house stays on the market for a long time, it may eventually be seen as “stale inventory” which can suggest structural or mechanical shortcomings, even after you lower your price.
  • You will risk lender rejection.
    If you do get a sales contract, the contract may fall through because of a too-low appraisal. The buyer may not be able to borrow enough to proceed with closing.

If you are thinking of selling your house, give us a call or send an e-mail. We’ll be happy to maximize your return by helping you set the right price.

Search all Wilmington NC real estate on www.cbbaker.com  910-202-3607 bakerwayneassociates@ec.rr.com

Categories: wilmington nc, wilmington nc foreclosures, Wilmington NC Market Statistics, Wilmington NC Neighborhoods, wilmington nc real estate, wilmington nc relocation

Check Out Our Awesome Listings | Wilmington NC real estate

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$649,900
5 Beds
4 Full Baths
0 Half Baths

This gracious floor plan offers a down stairs master bedroom with custom ceiling & luxury bath with multi jetted shower, Jacuzzi tub, & granite countertops. Enjoy spaciousness & light in this…

$649,000
4 Beds
4 Full Baths
1 Half Bath

Absolutely an incredibly unique home that boasts fantastic waterviews of Hewletts Creek and views of the ICWW. Glassed window-wall complimented with 22” ceilings make for an always waterview…

$589,900
5 Beds
3 Full Baths
1 Half Bath

Lovely executive custom brick home located in one of the most prestigious sections of Porter’s Neck Plantation. Home is situated only minutes from the ICWW with a community pier and boat…

$579,900
10 Beds
10 Full Baths
0 Half Baths

Two Low Country duplex units just a short walk to historic Wilmington, PPD, Cape Fear Community Colleg and Marina. Fenced in onsite parking, all appliances, hardwood floors. A must see.…

$499,000
3 Beds
3 Full Baths
0 Half Baths

Sprawling French Country Home…located just inside Landfall’s gate offers quietness and is convenient to Wrightsville Beach, I-40, Mayfaire, medical and shopping. This beautifully appointed,…

$499,000
4 Beds
3 Full Baths
1 Half Bath

Great Opportunity! Now is your chance to own a spacious traditional all brick home in a desirable community with water access, boat ramp, and tennis. This gracious floor plan give you a lot of…

$414,000
4 Beds
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Your Money Couldn’t Buy More!! Come see and enjoy this coastal cedar shake home with many details. Features a wonderful floor plan that is ideal for a family or the empty nester wanting a…

$384,900
5 Beds
3 Full Baths
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Nothing Could Be Finer..than to live at Lake Waccamaw!! Peaceful and Serene describes this lake front treasure. Beautiful lake front cottage on .67 +/- acre lot with 120ft. frontage. Detached…

$375,000
3 Beds
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Fabulous waterfront location right on Bradley Creek with uninterrupted views and breathtaking sunrises over the marsh and creek. Spend hours watching the native wildlife from the 35 x 8…

$374,900
4 Beds
3 Full Baths
0 Half Baths

Gorgeous all brick 4-bedroom, 3 bath home with a bonus room in desirable Pelican Reef. The minute you walk in you will notice the lovely wood floors throughout the entire home. From the double…

 
$368,000
4 Beds
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1 Half Bath

Delight in this Circa 1883 Bowden-Foard house in the Historic District of downtown Wilmington. The owners have done an exceptional job in updating the necessary features of this home including…

$335,000
3 Beds
3 Full Baths
0 Half Baths

Gorgeous Executive style home with over 2400 heated square feet. This home has 3 generous bedrooms and a large bonus room with a full bath and a Sun Room (2011) overlooking the large patio…

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1 Half Bath

WOW!JUST REDUCED $100,000! Unique unit with 3,578 Sq. Ft. Brick townhome features vaulted and trey ceilings with skylights. Gourmet Granite Kitchen, open with breakfast bar. Sunroom, Family…

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6 Beds
4 Full Baths
0 Half Baths

What a deal. Live in one unit and lease the other. Depending on your financing you may live for free. 3-bedroom, 2 -bath Low Country duplex just a short walk to Historic Wilmington, PPD, CFCC…

$220,000
3 Beds
2 Full Baths
1 Half Bath

Better Look At Me!!! This wonderful home is located on a cul de sac lot backing up to a conservation area. Discreetly tucked away but convenient to Mayfaire and Wrightsville Beach.…

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Must See!! Great value for all brick home with 4 bedrooms/3 full baths/ bonus room/fenced rear yard. Spacious lay-out with formal dining room and breakfast area. LOW HOA dues, USDA approved…

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Great price for this beach bungalow. Back of this duplex property. Walking distance to the river and the ocean. Laminate flooring in the kitchen, den and bedrooms. Private covered deck…

$179,900
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The New Larger Kelly. Last Building to Be Built. Last Street with woods behind the unit. New one level brick townhome conveniently located to shopping, schools and beaches! Cathedral…

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Turn Key Ready! The perfect package with all the extras included. Beautiful Hardwood floors throughout. Vaulted ceilings with skylights. Open kitchen with white cabinets and breakfast bar.…

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The Kelly. One level brick townhome conveniently located close to shopping, schools and beaches! Cathedral ceilings, privacy fenced back yard, pool & club house. Visit Virtual Media links

 
$169,000
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Peaceful Setting In A Convevient Location starts in this wonderful home with a large mature yard. Floor plan features a down stairs master, 2 bedrooms up and additional room. This home…

$139,900
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Popular community convenient to UNCW, Corning, GE, I-40, Wrightsville Beach, Mayfaire, WILM Airport, Ogden Park and Scotts Hill Marina. Generous corner lot with 6′ privacy fence with double…

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Take advantage of this great value in Birch Creek. No lengthy short sale or foreclosure process to deal with. Excellent condition, tremendous value, well maintained home situated on a large…

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Plantation Pointe Villa in Belvedere Golf Community. Great Second Floor condo with new wood laminate floors, a screened porch and great views of the golf course. Excellent for a permanent…

$80,000
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Great opportunity to own a charming, completely updated cottage. Enjoy the peace of mind of knowing you have a new roof, new HVAC, all new vinyl windows, beautiful, original real hardwood…

 

To Search All Wilmington NC real estate please visit www.cbbaker.com or on your phone http://mobile.cbbaker.com
 

Categories: wilmington nc, Wilmington NC Market Statistics, wilmington nc real estate, wilmington nc weekly events, Wrightsville Beach NC

HOME SEARCH 101: Tips For Locating The Right Schools | Wilmington NC real estate

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When it comes time to buy your next home, your decision will be based on dozens of criteria. If you’re like many home buyers, good schools will be at the very top of your list. Even buyers without children are often concerned about the quality of schools. They know property values often reflect the reputation of local schools-both public and private-and that a home near good schools may be easier to sell later on.

Plan Ahead

It pays to look at schools early in the house-hunting process so you can narrow your focus to particular neighborhoods. Consider the following approaches and available resources for determining whether a school or school district is right for you and your children.

Define Your Idea Of “Good”

{short description of image}The first step is taking an honest look at your child’s educational needs. Is he or she average, exceptional, or is there a learning disability to consider? What are the student’s interests and natural abilities? Cerebral? Artistic? Athletic? It won’t matter that a school is tops in math and science if your child’s educational focus is in language and fine arts. Identifying your child’s individual needs will help determine the types of programs and educational approaches you’re looking for in a school.

Get An Overview

You can tap the resources of several organizations to find out what schools are available in a particular area and how they rank compared with others in the system, the state and the nation. (See the side bar for details.)

Take a look at the programs that would most interest or benefit your children. Is the local public school strong in those areas? If not, there may be good private-school alternatives in the vicinity.

Keep in mind that what you see on paper may not provide a complete picture of the school, its resources and the capabilities of its educational staff.

Identify The District

It’s easy to find out what public school district a house is in-the information is nearly always included in the MLS listing, available through your Realtor. Note, however, that school boards frequently re-draw districts. To help ensure a home is likely to remain in a particular district, you may want to find out how close it is to district lines-being central to a district increases your chances of staying there. Contact the local board of education to obtain a district map.

Go To The Source

Also ask the local board for any information available about the school system, special programs, etc. Many boards will provide you with standardized test scores, often broken down for each school and subject area. Private schools often provide test-score information and college-placement statistics as well.

See For Yourself

Make plans to visit the schools you are interested in. Schedule appointments with the principal and some of the teachers in your child’s grade. Inquire about school policies and procedures. Discuss your child’s strengths and weaknesses, asking how the school would handle them.

Interview The Neighbors

Perhaps the best way to investigate a school is to talk with parents whose children attend. Visit neighbors in the area and ask them to be candid about what they like and dislike about local schools.

Let Us Get You Started

We’ll be happy to provide the phone numbers and website addresses of the schools and districts in our area. Be aware, however, that complying with fair housing practices, we may not be able to provide you with all the information you seek. Discussing school quality can be construed as “steering” buyers to or away from particular neighborhoods, which could be viewed as discrimination-even if unintentional.

That being said, we’ll do everything we can to support your efforts to locate the right home and the right schools to meet your family’s needs.

THE SCHOOL HUNTERS

American School Directory: (800) 444-4488. P.O. Box 7003, Murfreesboro, TN 37133-7003. Web. E-mail. With over 108,000 individual websites, provides every K-12 school in America (public and private) a free Internet presence and identity. Includes pictures, maps, art, information, calendars, etc.

National Association of State Boards of Education: (703) 684-4000. 277 S. Washington St., Suite 100 Alexandria, VA. 22314. Web. E-mail. Offers quick reference state profiles for basic education information and data taken from U.S. Department of Education statistics. Includes statistics to allow comparisons between a state and the national mean.

School Match: (800) 992-5323. 5027 Pine Creek Drive, Westerville, OH 43081. Web. E-mail. For a fee, you can receive a report card on any public school or one of thousands of private schools in the U.S. At an additional cost, they will list up to 15 schools that match your criteria identified by their questionnaire. They also assist families with special-needs children and those moving overseas. All reports are confidential. If you are making a company move, your company may pay for School Match’s assistance.

Yahoo!: Web. You’ll find a state-by-state directory of schools and their websites, along with other useful information.  We have all the school information on our site. You can even search by the school.  Please visit www.cbbaker.com

Categories: private schools in wilmington nc, wilmington nc real estate

Do You Know Where Your Mortgage Money Comes From? | Wilmington NC real estate

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Mortgage companies and banks are working overtime these days processing new mortgages – which raises an interesting question: Will they ever run out of money to lend?

The chances of that happening are virtually nil, thanks to a highly complex investment market for mortgages that has grown immensely since the 1970s. The key players in this game are “Fannie Mae” (Federal National Mortgage Association), “Ginnie Mae” (Government National Mortgage Association), and “Freddie Mac” (Federal Home Loan Mortgage Corp.). These agencies, along with several private companies, turn homeowners’ mortgages into investment vehicles for individuals, pension funds, insurance companies and other large institutions. Altogether, these investment groups make up the bulk of what is known as the “secondary market.”

When a bank or mortgage company writes a mortgage, the loan is lumped with other mortgages in a bundle (or “pool”) that is often sold to one of the agencies. With the sale of the mortgage, the bank or mortgage company again has money to lend to another home buyer.

Fannie Mae, Ginnie Mae, and Freddie Mac differ as to the type of mortgage bundle they buy and in the type of investment vehicle they use to attract investors. But the process they use is the same: Assembling large packages of mortgages and issuing securities backed by the mortgages.

While the original lending bank may no longer hold the mortgage it gave to a home buyer, it still services the loan. That means collecting the monthly payments, keeping escrow accounts to pay for insurance and property taxes, and – through the agencies or companies that issued mortgage-backed securities – paying investors.  Coldwell Banker Sea Coast Advantage is a full service real estate company with in house mortgage brokers from Alpha Mortgage.  Contact  us about all your Wilmington NC real estate needs.  Visit www.cbbaker.com to search or catch us on mobile at mobile.cbbaker.com

 

Categories: Financing a Home Purchase in Wilmington NC, Uncategorized, wilmington nc, wilmington nc convention center, wilmington nc real estate, wilmington nc weekly events

Moving? De-Stress Before You Start | Wilmington NC real estate

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Let us help you with your relocation needs. Click on our relocation kit to get ideas to de-stress to make your move more enjoyable.  For more tips, please visit www.cbbaker.com to search all Wilmington NC real estate.  Enjoy….

Categories: Uncategorized, wilmington nc real estate, Wrightsville Beach NC

What’s So Special About “Location, Location, Location”?

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What do real estate agents mean when they say the three most important factors in selecting a house are “location, location, location”?

Door KnockerThe house is wonderful! But before you buy, carefully check the location to be sure this is the house you want to buy.

  • Consider destinations

Where will family members go most often from this new location? How easy is it to reach those places from here? How accessible are schools, churches, grocery stores, medical care, public transportation, shopping malls, and neighborhood services?

  • Be sure rooms have a view

What is the view from the house and yard? Is the yard right for your anticipated activities? What uses are possible for nearby undeveloped land? Is a new road planned?

  • Check around the clock

Is rush hour traffic a problem? What will be the impact of special events like local high school games or church picnics?

  • Crash test the driveway

How easy is it to get into and out of the driveway?

  • Be service conscious

What utilities serve this property? Are the rates competitive? Do you want an all-electric house, or do you want gas or oil heat? Where will you get your mail? Where are the easements?

  • Dig below the surface

Is the soil stable? Is part of the property on a flood plain — if so, what is the history of floods on the property?

  • Visit the neighbors

How will you fit in with the neighbors? Do people seem to be friendly? Are houses well-maintained?

  • Read the fine print

If the community has special by-laws or architectural controls over changes to a house, what are the pros and cons?

Make a list of the positive and negative aspects of each property as you tour it. Assign priorities to important elements of the house’s location.

Do you have home questions about a specific location? We can help. Call or e-mail us now. Kay Baker 910-202-3607 or kaybaker@seacoastrealty.com

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

 

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Kay Baker | 1001 Military Cutoff Rd. | Ste 101 Wilmington, NC 28405 | kaybaker@seacoastrealty.com | 910-232-0363 | Fax: 910-256-0473

Copyright © 2013 Wilmington NC Real Estate Guide. All rights reserved. Disclaimer: All content on this blog is my own opinion and should not be treated as fact or relied upon when purchasing or selling real estate.