Foreclosures in Wilmington NC from $50,000 | Real Estate

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Welcome to our Free Wilmington NC Foreclosure Site.

These prices won’t last for long!




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

Categories: Foreclosures in Wilmington NC, wilmington nc real estate, wilmington nc relocation

The Wilmington NC Real Estate Stats are UP!

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The March Wilmington NC real estate statistical report has been released and all the numbers are up, except “Days On Market”.  That is good news.  We are getting into multiple offer situations which has not happened for years.  If you are thinking about selling your home but have some concerns or questions about the market, give us a call.  We would be happy to go over what has been selling in your neighborhood and in Wilmington NC in general.  Thinking about moving up? Perfect time to do this.  Here are the Statistics, just click on photo for full report.

Please feel free to visit our website for seller and buyer advice, as well as search the local Wilmington NC real estate market.  You can search by map, schools, street, county, price and more.


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UNCW’s Debra Saunders White selected by President Obama | Wilmington NC

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Kudos for UNCW’s Debra Saunders-White.  The Greater Wilmington Business Journal announced that President Barack Obama selected UNCW’s Debra Saunders-White to serve as the new deputy assistant secretary for higher education programs at the U.S. Department of Education. Saunders-White will move to Washington in early May. Saunders-White will oversee programs to encourage low-income and first generation students along with students with disabilities to pursue postsecondary education. Read more here…

UNCW is an integral part of the Wilmington NC community.

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Help the City of Wilmington NC set their budget | Wilmington NC real estate

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Facing a budget deficit, the city of Wilmington NC would like to have your input on the 2011 budget with a little challenge.  To take the challenge you can visit

How to take the Challenge:

1.) We’ve broken the budget into percentages, so your total budget will be $100, where $1 = 1% of the city’s budget. Example: Streets & Transportation represent approx. 10% of the city’s budget; so you’ll start out with $10 for Streets & Transportation.

2.) Give or take away dollars from each Service Area depending on where you believe the city’s priorities should and should not be.

3.) Your total budget does not have to equal $100. Example: If you want the city to spend 5% less, your total Expenses should equal $95. Your budget can also be more than $100.

4.) If you want more information about the components of each Service Area, click on the appropriate link in the second column, “What It Includes”.

5.) When you’re finished, click on “Submit”. The city will take your public input into consideration in looking at next year’s budget.

6.) That’s it! We appreciate your input and participation in your city government!

Click on Budget Challenge below to play.

Note: Includes highlights only, to see more detailed information,
click on any of the items listed, or see the city’s entire budget
document at
Get involved with the area you live in and strive to make a difference in 2011.  Every little bit helps.
Peace for the 2011 New Year.  Kay Baker & Associates
Categories: Uncategorized, wilmington nc, wilmington nc convention center, Wilmington NC Market Statistics, Wilmington NC Neighborhoods, wilmington nc real estate, wilmington nc weekly events

Waiting for Mortgage Rates to go lower? Wilmington NC real estate

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Everyone wants to get the lowest mortgage interest rate when shopping for a Wilmington NC home. The rates have been at high 3’s and low 4’s the last couple of months. Freddie Mac just announced this week after it’s Primary Mortgage Market Survey that the rates for fixed and adjustable have risen again for the third straight week. 30 year rates hover around 4.46% up last week from 4.40%. It is still a great time to purchase a home. The housing prices are at a low, coupled with rates under 5%, it is a win win situation. To search all Wilmington NC real estate, please visit We have lenders that can give you a current quote and do a pre-qualification to get you started.

Categories: Managing your debt, New Hanover county shcools, private schools in wilmington nc, Wilmington NC Market Statistics, Wilmington NC Neighborhoods, wilmington nc real estate, Wilmington nc schools, wilmington nc weekly events

Wilmington NC Real Estate Market Sales Increase

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For the tenth straight month, Wilmington NC real estate has shown an increase over last year, by number of homes sold.

The average sales price of homes sold in Wilmington, NC was down slightly over year end 2009. And, if you look at the most active zip codes: 28403 actually had an increase of 2.4% over last year; 28412 had a small increase .06% over year end 2009. Homes sold at 96.4% of asking price; 28405 had an average selling price of $264,322 with an increase of 5.7% from year end 2009. The average list price had increased 6.7% from year end. But, 28409 zip code had a 3.9% decrease in average selling price over year end 2009 and the average list price decreased 4.4% over year end. Homes sold at 93.6% of asking price. The average selling price in zip code 28411 decreased 6.3% over year end 2009 and the average list price decreased 8.1%. 28412 average selling price increased slightly and the average list price decreased slightly.

Overall, we saw a positive increase in units sold in the second quarter, but average sold price from second quarter 2009 was down 4.2%.

2010 does offer excellent buying opportunities with median home prices down 7.9% from year end 2008; foreclosures and short sales are excellent buys; mortgage rates are at historic lows; and there are 2889 homes on the market in the six zip codes in and around Wilmington, NC.

Now is definitely the time to buy Wilmington NC real estate. If you are searching for a home, just log onto my website at and there you can search by schools, zip code, neighborhoods, map and more. If you would like a list of foreclosures and short sales sent to your inbox, just email

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Wilmington NC Real Estate Short Sales

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Many homeowners in the Wilmington NC real estate marketplace are finding themselves with a mortgage balance higher than they can even sell their home for. This puts the seller in a “short sale” situation. This means that the lender may agree to accept less than is actually owed on the property.  And, not all lenders will agree to accept less than what is actually owed, especially if you are not in default.  If you find yourself in this situation, you need a qualified real estate professional to guide you through this process. It is not an easy one, trust me. We will assist you in putting together a hardship package for the lender that may include a financial statement, hardship letter, bank statements, income statements, an appraisal on the property and even a listing agreement to prove that the property is on the market.

If you are in need of assistance, please do not hesitate to call or email We are happy to answer any questions you may have concerning short sales and foreclosures in Wilmington, NC. And, if you are a buyer, we can send you a list of short sales and foreclosures, or you can search short sales and foreclosures.

Categories: Buying Wilmington NC real estate, Home Selling

Foreclosures and Short Sales Wilmington NC

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Foreclosures Wilmington NC

The number of foreclosures listed in the Wilmington MLS are at an all time high of 75. These foreclosed home range in price from $28,000 to $2,163,055 in Porters Neck Plantation and everything in between including homes at Landfall, Northchase, Pine Valley, MacCumber Terrace and even waterfront communities such as Tangle Oaks.

Short Sales Wilmington NC

Short sales are even higher in numbers with a record 152 short sales listed for sale in the Wilmington, NC area. You will find short sales at prestigious Figure Eight Island, Landfall, Wrightsville Beach, NC, Carolina Beach, NC, Historic District, Waterfront communities such as Turtle Hall and Sandfiddler Point, Whitney Pines and Somerset Place. As you know a short sale is when the home is listed for less than the payoff due the lender. They are always subject to lender approval and the process is usually a very lengthy one.

For a complete list of foreclosures and short sales, please call 800-497-7325 Ex. 3607 or email me at  You can also search Wilmington NC real estate at by map, neighborhood, price, zip code, schools and more.

Categories: Buying Wilmington NC real estate

Kay Baker Associates | 1001 Military Cutoff | Ste 101 Wilmington, NC 28405 | | 910-202-3607 | Fax 910-338-2428

Copyright © 2017 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.