Selling Your Home? Clean and Clear |If In Doubt, Throw It Out

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2www.cbbaker.com

If you’re selling your home or buying a new one, moving is on the calendar in 2016. It’s best to get started now, going through all your stuff to decide, “Is this really worth hauling to my new home?”

The more you’re able to clear out now, the less you’ll pay in mover fees! Here are some top tips to get clean and clear now.

PAPER

  • Financial papers. Generally, tax-related documents should be kept for seven years. Other bills and statements, if not tax-related, can be kept to show a one- to two-year trend.
  • Warranties and product instructions. These should stay with the items they’re for—so leave them behind with property that conveys to the next owner.

ELECTRONICS

  • Plan a run to electronics recycling if you have any old cords, chargers, connectors in a miscellaneous box you haven’t touched in ages.

HAZARDOUS WASTE

  • Chemicals. Moving companies won’t move hazardous items. If your garage, basement or shed contains bug/weed killers, paint, oil, and other solutions, give them away to those who will use them properly or turn them in to hazardous waste. Do not dump these items down the sink, sewer or into the ground.
  • Medicines. Old medicine can be turned into hazardous waste facilities or some police stations. Don’t flush them down the toilet or sink.

HOUSEHOLD

  • Clothing. Clothes that aren’t able to be worn again can be recycled into rags. Check for textile recycling in your area. Clothes in good shape can be sold at consignment shops or donated to shelters and second hand shops.
  • Décor. You might have boxes of old framed prints, vases, figurines, etc. kicking around. Take these items to the local second hand shop or donation center.
  • Linens. If the items are still usable, consider donating them to a homeless shelter or second hand shop or pet shelter. If they’re threadbare, textile recycling.
  • Furniture. Online selling sites, second hand shops, shelters working with people in need, and friends are great outlets for decreasing the amount of furniture you own.
Categories: #Spring Time To Sell, selling, Selling your home, Uncategorized, wilmington nc real estate

What are the basic steps to selling my home? Wilmington NC real estate

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  • 1
  • Do your homework.
      Visit our website to size-up the homes-for-sale competition, read home selling articles on our site, consider reading a book on home selling, attend some seller’s Open Houses in the your area (ask us or see the local newspaper).  www.cbbaker.com
  • Hire a specialist.
      As neighborhood real estate agents that specialize in listing in your area, we know what it takes to sell in this market. We welcome your call!
  • Set the price.
      Ask your agent for an analysis of the local market and an opinion of the best price range for your home.
  • Set a marketing strategy.
      Have your agent discuss a marketing plan and include the main elements in the listing presentation.
  • Get the house ready.
      With your agent, take a hard, objective look at your home. Prioritize what needs to be done, and decide how much you can spend in time and money to make it look its best before opening it up to buyers. Get rid of all clutter and put some of your stuff in storage to make the rooms and closets roomier. Put together an information packet on local amenities, your utility bills and other helpful information.
  • Consider finding a reliable real estate attorney.
      The attorney can help review all the paperwork.
  • Keep on top of the process.
    Stash some quick clean-up supplies close at hand, and do a fast run-through before letting a prospective buyer preview your home. Also, keep a notebook handy with a record of everyone who has come through (and their agents), and inform your agent after each visit. This can speed the follow-up that your agent will do.

 

Categories: Selling your home, Steps to Sell your home, Uncategorized, Wilmington NC homes, Wrightsville Beach NC

Selling Basics | 1-2-3s Of Selling In Wilmington NC

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1604crowslanding1—Start cleaning, clearing and prepping now. Don’t waste time getting your home in order for visits by potential buyers. Clear out clutter, deep clean and move out some of your bulkier furniture to temporary storage or sell/give away/move it to your new home.

2—Secure a local agent. Selling your home in today’s fast-changing market requires you to know and do a lot more than most people have the time, energy or know-how to deal with. Work with a local agent who has experience—like us.

3—Price it right. Working with a professional agent, you will get feedback on what local home prices are doing, what the competition looks like and how the price will affect buyers.

4—Stage it, clean it, make it ready to show. Staging a home means having it look its best for buyers by giving each room a focal point and a purpose—whether you do it yourself with your belongings or you use rental items to spruce up your residence. Hiring a pro stager is another option, but make sure you have a clean base to start from and your home could be ready to show quickly.

5—Accept the right offer. The first offer could be your best offer, only offer or the start of more. You’ve got to know when to hold ’em, know when to counter and know when to call. We can help you evaluate an offer to help you determine whether it’s a good move to accept or whether you should make a counteroffer.

SELLERS: Yesterday is history. Set an asking price for your home that reflects the reality of the current real estate market—instead of rumor or yesterday’s sales prices.

6—Be patient, but pay attention.Once the offer is signed and accepted, be flexible to allow the buyer to schedule inspections and finalize financing. However, your agent and you should keep track to make sure closing/settlement is on track for the agreed-upon date.

7—Get moving. Once that offer is signed, it’s real. Get your bags packed and boxes loaded up. You’re on your way to the next stage with your home sale behind you!

Professional guidance is essential in today’s real estate market, especially in your local area. We look forward to putting our know-how to work for you.

Categories: Selling Basics, wilmington nc real estate, Wilmington NC real estate stats 2014

CONTRACT: Who’s Offering What, When And How For Your Home?

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The exciting moment when an offer to purchase your home comes in can also feel a little overwhelming. One common first impulse is to ask “How much are they offering?” While price is an important factor, it’s also important to sit back and look at the big picture when negotiating a sale. Consider the following:

Buyer’s Financial Situation

Is the buyer qualified?
What is the buyer’s annual income and employment history?
How much down payment and closing-cost cash is available and what is its source?
What type of financial debt is there? Car loans? Credit cards?

Financing Method

Are the loan type and interest rate specifications realistic for current economic conditions?
Is the length of time requested to obtain a loan realistic? Forty-five days is often considered a typical time frame. It allows enough time to process papers, but also allows you to put the home back on the market promptly if things fall through.

Your Costs

How much does the buyer want you to contribute toward closing costs?
What will your net proceeds be? Add up any points, taxes or fix-up expenses requested and deduct them from the contract price to determine if your final profit is what you need to make your move.

Your Calendar

Does the buyer’s proposed settlement date give you enough time to select your next home and obtain financing?
If you can’t move to your next home promptly at settlement, can you rent back from the buyer to stay in your home a while longer?

Contingencies

Must the buyer sell a home before buying yours? You may not have the time to wait while they sell.
What add-ons does the buyer want? Curtains, lawn equipment, swing sets? All of this can affect your final net proceeds, or be used as bargaining chips, or both.We’re here to help. We’ve been through the contract negotiation process countless times. We can help you cut to the chase and come up with a mutually acceptable contract.

 

Categories: #Spring Time To Sell, Contract on your home?, inventory your home, Mortage options, Uncategorized, wilmington beach homes, wilmington nc real estate, Wrightsville Beach NC

TAKE ONE: How To Package Your Home To Sell | Wilmington NC real estate

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www.WilmingtonNC-realestate.com

After a full day of house hunting in Wilmington NC, even the hardiest shopper has difficulty remembering each home visited. A selling display featuring your property’s benefits is a great way to be sure your home stands out in the shopper’s memory. We’ve used the following marketing strategies to successfully sell many homes. They could work for you too!

Creativity Counts

{short description of image}Your home’s memory points can be mounted attractively on a poster or in a looseleaf binder or photo album and displayed on your dining table or near the front door.

Home shoppers appreciate a memory-jogging take-home flyer, summarizing the display information for later study. The flyer should always include the property address, price, brief description and agent’s name and phone number.

Focus On Features

Each home will have its own outstanding features. When we talk about a marketing strategy for your home, we will consider what to include in your display and on the flyer. Here are some worthwhile ideas:

Capital improvements.

Include project description, year completed and your investment in the improvements.

Upgrades or replacements.

List new appliances, paint, wallpaper, attic fan — anything you’ve accomplished that buyers won’t have to do after move-in. Mention special features and benefits. For example: “Easy-care kitchen range with self-cleaning oven, sealed burners, electronic ignition, digital controls; 1992.”

Energy-saving features.

Cite money-saving extra insulation, high-efficiency heating/cooling system, thermal double-pane windows, etc.

Average annual utility bills.

Also mention affordable property taxes. Buyers want to know!

Floor plan.

Show room arrangement and dimensions. New-home builders and renovators can often provide floor plans, or one can be drawn for your home.

House illustrated.

Picture your home in your display and on the flyer. Architect’s renderings may be available from the original builder.

Gardening highlights.

Sketch the landscaping plan to show the work you’ve done. Identify trees and plants, especially if you have unusual ones. Provide photos of bushes and flowers in full bloom, if you’re selling off-season.

Pre-listing home inspection report.

Impress buyers with proof of your home’s excellent condition. Show receipts for correcting any problems the inspector noted.

Neighborhood map.

Highlight nearby schools, convenient transportation, shopping, parks, libraries, hospitals, and any other amenities or points of interest. Your kids can help color the map!

School data.

Feature excellent schools. Mention honors and awards, good student-teacher ratios, sports and athletics, drama presentations, and special programs (i.e. for learning disabilities or English as a second language).

Neighborhood information.

List neighborhood association dues (if any), annual community events, Neighborhood Watch programs, and the like. If yours is a friendly, quiet neighborhood, be sure buyers know it!

Community services.

Include helpful information such as days for recyclable-material and bulk trash pick-ups, availability of swimming pools, children’s summer day-camps, adult education, and so on.

Categories: #selling homes, wilmington nc real estate

What are the basic steps to selling my home? | Wilmington NC real estate

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Waving Blue Ribbon

  • Do your homework.
    Visit our website www.cbbaker.com  to size-up the homes-for-sale competition, read home selling articles on our site, consider reading a book on home selling, attend some seller’s Open Houses in the your area (ask us or see the local newspaper).
  • Hire a specialist.
    As neighborhood real estate agents that specialize in listing in your area, we know what it takes to sell in this market. We welcome your call!
  • Set the price.
    Ask your agent for an analysis of the local market and an opinion of the best price range for your home.
  • Set a marketing strategy.
    Have your agent discuss a marketing plan and include the main elements in the listing presentation.
  • Get the house ready.
    With your agent, take a hard, objective look at your home. Prioritize what needs to be done, and decide how much you can spend in time and money to make it look its best before opening it up to buyers. Get rid of all clutter and put some of your stuff in storage to make the rooms and closets roomier. Put together an information packet on local amenities, your utility bills and other helpful information.
  • Consider finding a reliable real estate attorney.
    The attorney can help review all the paperwork.
  • Keep on top of the process.

Stash some quick clean-up supplies close at hand, and do a fast run-through before letting a prospective buyer preview your home. Also, keep a notebook handy with a record of everyone who has come through (and their agents), and inform your agent after each visit. This can speed the follow-up that your agent will do. Remember to view homes on www.cbbaker.com or on your phone on mobile.cbbaker.com.

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

Great Reasons to Buy a Vacation Home | Wilmington NC real estate

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We’ve all thought about it while lying on the beach or inhaling the fresh mountain air: “Why don’t we buy a vacation home?” Owning a vacation home can be a good decision if you buy smart.

They provide another investment that includes a mortgage-interest tax deduction.

Whether you rent it out or not, you can deduct the mortgage interest as long as you use the home more than 14 days or more than 10% of the number of days the home is rented annually at a fair rental, whichever is longer.

Qualified second homes include houses, condominiums, cooperatives, mobile homes, house trailers, boats or similar properties that have sleeping, cooking and toilet facilities.

Here’s an interesting twist on the mortgage interest deduction: If you take out a home equity loan on your first home and use the funds to acquire your second home, the interest on the home equity loan is also deductible. That’s three mortgage interest deductions off your tax return!

Consult IRS Publication 936 for a complete discussion of how mortgage interest for a second home is deductible.

You can purchase your future retirement home in Wilmington NC now, at today’s prices.

Though your second home may be a vacation home now, if you buy right you can convert it into your principal residence later.

They can produce their own income.

Renting out a second home occasionally or often can help you pay for the property with OPM (other people’s money). Check with your tax advisor about how much of the upkeep and management expenses are deductible against your income.

Buying Tips From The Experts

Buy something within a reasonable distance.

Be sure you can get to your vacation home in a short amount of time. Before you make a final decision, travel the distance on a typical Friday afternoon to see whether the drive will be too much to deal with after a long work week.

Rent in the area several times before you buy.

If you really like a particular area, check it out during different seasons. This way you get to know the climate, people, pests, traffic patterns and other regional particulars first-hand.

Consult other owners.

Check with owners of nearby properties about public and private facilities, special maintenance required due to location or weather, the social climate, local development plans and prevalence of crime. Learning about the lifestyle of the area may help you narrow down your choices.

Think home first, investment second.

Although you may be able to generate rental income from your vacation home, it may not cover your ownership costs. (If you want to try real estate investments, give us a call to look at properties in the Wilmington NC  local area.)

Consider different styles of properties in a vacation area.

To minimize upkeep and have a more secure environment, a condo may be preferable to a single-family home. If you plan on converting it to a retirement home, consider what type of home you’ll want as a full-time residence.

Here are some of the current Wilmington NC real waterfront/waterview real estate  in our area.

Priced from 100,000 – 200,000  Click here

Priced from 200,000- 400,000  Click here

Priced from 400,00 -600,000  Click here

Priced from 600,000 – Click here

To search all properties please visit www.cbbaker.com

Categories: azalea festival, Buying Wilmington NC real estate, certified distressed property expert, Economy, Figure Eight Island, Financing a Home Purchase in Wilmington NC, Landfall, Porters Neck Plantation, QR codes real estate, Uncategorized, wilmington nc, wilmington nc convention center, Wilmington NC Market Statistics, Wilmington NC Neighborhoods, wilmington nc real estate

Wilmington NC Real Estate Homeowners May Qualify for $1500 Relocation Assistance

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1,500 towards relocationWilmington NC Real Estate Homeowners

Starting April 5, 2010 the Government will be paying homeowners in default, to relocate. The new program will demand lenders to honor short sales whereby the homeowner can sell the property for less than the mortgage payoff. The Obama administration is trying a different approach to assist more than 5 Million households who are behind on their mortgages. In turn, the homeowner will receive $1500 for relocation assistance and the lender $1000 for expediting the short sale process.  

This arrangement could prove very beneficial to the homeowner, as they will not suffer further credit damage and they will get reassurance from the lender that they will not be sued for the balance. And, under this arrangement, the number of potential  foreclosed homes on the market should drastically decrease which in turn, should improve the  overall housing market.

Finally, short sales will have their day! If you are facing a foreclosure, and need assistance, we are specialists in the Wilmington NC real estate short sale and foreclosure market. We are there for you every step of the way. Just give us a call or email kaybaker@ec.rr.com.

And, if you are looking to purchase a short sale or foreclosure, we have you covered there, as well.  We have a Certified Distressed Property broker on our team and will help you with your short sale or  purchase a short sale or foreclosure with complete knowledge of the process.  Read more here

Categories: Economy, Home Selling, Uncategorized, wilmington nc

Get Ready for Spring Cleaning | Wilmington NC real estate

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Spring is right around the corner in Wilmington NC. What a great time to get a jump start on your spring cleaning.  If you are considering putting your home on the market, this might be the time to hire a cleaning professional.Professional cleaner

Some of the things you need to keep in mind are:

1. Make a list of things that you would like to have done to the interior and the exterior of the home. 

2.  Do your homework and ask friends for referrals of cleaning companies.  Check out references before you hand over the keys to you home.

3.  Make sure that the cleaning company handles taxes for their employees, has insurance and is bonded.

4. Get an estimate for services and make sure it is detailed.  Your idea of a cleaning might be different than theirs.

5.  Make sure that the company can schedule days to fit your schedule and whether or not they supply the cleaning equipment and supplies.

6.  A professional cleaning job can make your home shine and show well. 

7.  Call us to help you sell your home!

So, start your real estate search today at www.cbbaker.com.  You can find a new home as well as get seller advice.  You can search by price range, map, schools, neighborhoods and more.

Categories: Buying Wilmington NC real estate, Economy, Home Selling, Showcasing your home, Uncategorized, wilmington nc, Wilmington NC Neighborhoods

Coldwell Banker Sea Coast Seller Web Advantage

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Announcing another Coldwell Banker Sea Coast innovative marketing tool that will show sellers in “real time” for every 7 days worth of exposure how many views their home has received on the Sea Coast Web Site.  Reports can be sent out daily or weekly automatically.   The SC Seller Web Advantage is a unique and great tool that will breakdown the viewing traffic in a variety of ad spots.

1. Listing agents profile page with their properties

2. Viewed as a “Featured Property” (Home page for Sea Coast )
3. How many times the home is clicked on for “more” details.
4.  How many times your home was in a “search” result ( eg neighborhood, price)

The report is visually easy to read with graphs, and text details.     Seller Advantage

The other report is a Market Comparative analysis report on your home.  This is just to see what is selling around you, in different price ranges, either by zip code or by map.

A complete breakdown of traffic on your listing from SeaCoastRealty.com for every 7,30, and 240 days.

·         Agent Listings – How many times it shows up under an agents, “My Properties”.

·         Featured Property – How many times it is featured on SeaCoastRealty.com.

·         Property Detail – How many times the property detail page is viewed for that listing.

·         Property Results – How many times your listing was returned in a search result.

The report includes not only a text layout but also a very nice Pie Graph to visually compare traffic information.

If you are thinking about selling your home in Wilmington, NC, why not let the most innovative and aggressive marketing team go to work for you? Call or email Kay Baker at Coldwell Banker Sea Coast Realty now. She knows more about the Wilmington NC real estate market!

Categories: Uncategorized


Kay Baker Associates | 1001 Military Cutoff | Ste 101 Wilmington, NC 28405 | kaybakerassociates@ec.rr.com | 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.