UPSCALE RESALE: Seven High-Cost Mistakes To Avoid | Wilmington NC real estate

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If you are selling an above-average-price property in an upscale neighborhood, you know your home is unique. You expect an upscale property to be marketed with the same professionalism you demand in every aspect of your life. That’s where our experience selling homes like yours really pays off.

Keep in mind, buyers who can afford your home lead busy lives like you and look for a hassle-free sale. Move-up buyers don’t need to buy now, so they wait and watch for that just-right home. It might be yours.

Unfortunately, even sophisticated homeowners sometimes make mistakes when they go to sell their upscale homes, netting less than the top-dollar price it’s worth. Or worse, the home just doesn’t sell at all.

Here are seven common pitfalls to avoid:

1. Underestimating The Competition in the Wilmington NC real estate market

Even though your property may be one-of-a-kind, there are other homes on the market being shown to the same potential buyers. Before you list your home, we’ll give you an “armchair tour” of comparable properties listed for sale in your price range. We’ll share our inside observations on how each home compares to yours and what special features stand out.

2. Overestimating The Value

When we tour the competition, you’ll notice how similar homes are priced. Features of interest to today’s buyers include location, house design and size, privacy afforded by the lot and acreage, special amenities, type of community, and quality of local schools and facilities. Together, we’ll help position your home at the right price. By avoiding the over-pricing trap — which often results in repeated price reductions making the property seem distressed — we’ll save time and net the full value of your home.

3. Relying On Location

Homes in the higher price ranges need to look magazine-perfect when shown to potential buyers. Today’s market demands that everything — doors to floors, fixtures to walls — be sparkling clean. Even minor faults loom large in what is expected to be a perfect home. In short, fix up, repair and polish like never before.

4. Over-Improving

Also, avoid over-individualizing the house or grounds. People tend to buy homes they see as an image of themselves. A home that’s too individualized with strong, personalized decorating won’t sell quickly. Avoid dramatic custom flourishes that may not suit many other people. Some buyers will mentally calculate the cost of removing the customization and deduct the cost from their offer.

Although you want your home to look its best, spending thousands of dollars to redecorate will not likely help it sell at a higher price — it may sell more quickly, though.

5. Making Your Own Marketing Decisions

The marketing plan for your home needs to reach out to the right potential buyers. We offer a first-class marketing campaign that requires careful advance planning to allow time for reserving appropriate advertising space, top-notch photography, brochure production, even special events, such as a top-broker open house.

Many homeowners overestimate the value of one-shot marketing such as newspaper or TV spot ads. What typically works better is advertising with a longer “shelf life,” in upscale publications, for example, where ads are directed at an ideal niche.

Let us help you decide whether your house could benefit from an open house or would be better shown by appointment only. Yours is not a home for curious, unqualified walk-ins.

6. Playing Hard To Get

No home sells sight unseen. Working together, we can create a plan to show the house to qualified prospects without disturbing your schedule. Details, such as the security system or guard dogs, may need to be worked out.

Rest assured, all buyers will be financially qualified, perhaps requiring an approval letter from an attorney or banker, before we will bring them to see your property.

7. Being Inflexible

You have a unique home, and you’re looking for a unique buyer. Chances are that buyer will have special needs and concerns. The most likely buyer will probably need to sell a current home to buy yours. Flexible terms, possibly including some extra time to settle on the old home, will help sell your home quickly at the right price.

Thinking of selling within the next 6 months? Call us to help get you started.  910-202-3607 or kaybaker@ec.rr.com

 

Categories: Wilmington NC Neighborhoods, wilmington nc real estate, Wilmington nc schools, worlds largest christmas tree, Wrightsville Beach NC

Choosing A Contractor | Homework First | Wilmington NC real estate

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Thinking of updating your kitchen? Re-doing your bath? Adding on to your home? Most likely, you’ll need to hire a home improvement contractor.

You can start your search for a contractor by talking to friends, family members or neighbors who have used a contractor recently. Ask if they would recommend the person or firm they used. To verify each contractor’s reputation, ask these questions:


• Did the contractor begin and end on time?
• Did the contractor try to minimize disruption of your family? How?
• How do you score the contractor on both technical expertise and finished appearance of the project?
• Did the contractor work neatly and clean up at the end of each workday?

Once you have a list of prospective contractors, do some research on your project by reading do-it-yourself magazines and manuals. You don’t need to know how to do the job yourself, you just need an idea of the work involved.

Now it’s time to ask at least three contractors to bid on your project. As you talk through the proposed improvement, ask what special or unexpected problems could arise and ask how the contractor would resolve them. If a contractor is vague or dismisses your question, scratch him off your list.

When adding rooms, rearranging the kitchen, moving walls or performing other major improvements, spend the extra money for a design professional. Be sure anyone who works on your house is licensed and insured.

Once you receive the bids, review them carefully. Don’t automatically go with the lowest bidder. You may get a better job or the contractor may use better materials when you pay a little more.

Write the contract to include exactly what the project will entail, how much it will cost, and at what points payments will be made; how changes in plans will be handled; the quality of materials to be used; the beginning and ending dates and sanctions for tardiness.

Keep on top of the project, checking progress and the quality of workmanship. If you are unhappy with something, talk to the contractor immediately. Make sure all changes from the original contract are made in writing and keep in mind that changes may affect the schedule and delay completion.

If possible, have your chosen contractor do a small job first, so you can learn first-hand the quality of work and what it’s like to have that person temporarily take over a part of your home.

We have concierge list of contractors in the Wilmington NC area that we would be glad to share with you.  Just email me at kaybaker@ec.rr.com and we will get it right out to you.

Have fun with your project!

Categories: Buying Wilmington NC real estate, contractors in wilmington nc, wilmington nc, wilmington nc convention center, Wilmington NC Neighborhoods, wilmington nc real estate

Soothing Medicine for your CONCIENCE | Volunteer Wilmington NC Concience Fair 2012 | Wilmington NC real estate

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StarnewsMedia is hosting the 2012 Concience Fair again this year at the Cape Fear Community College North Campus.  If you have not selected a New Years resolution, may you find one here at the fair.  Over 100 Non- Profits will be there with a whole list of needs.  A great time to scratch that “Volunteer” itch you have been having.  Wilmington NC is an awesome city and it is mainly because of it’s great people and giving attitude.  Join in, you will not be sorry.

The 2012 StarNews Media Conscience Fair is 10 a.m. to 3 p.m. Saturday, Feb. 4, in the McKeithan Center at Cape Fear Community College’s North Campus, 4500 Blue Clay Road.

Nonprofit organizations present information about volunteer opportunities. To reserve a space – it’s free – visit StarNewsOnline.com/ConscienceFairand fill out the signup form.
The following nonprofits have signed up as of 3 p.m. Friday, Jan. 20.

ORGANIZATION NAME:   CONTACT PERSON   PHONE NUMBER   E-MAIL ADDRESS

International Seamen’s Center Ron Casterline 910-681-1603 rgcasterline@yahoo.com
St. Mary Health Center Laura Vinson-Garvey (910) 279-0643 lvinsongarvey@yahoo.com
Armor of God Ministries Debi Tucker 910-259-5062 debineedstime@yahoo.com
Love Is Bald Kelli N. Russell 910-264-6097 kellineese@hotmail.com
CUE Center for Missing Persons Melissa Neu 910.541.1626 cmneu@marketingflotsam.com
Wilmington Area Rebuilding Ministry, Inc. JC Skane 910.399.7563 info@warmnc.org
disAbility Resource Center Gloria Garton 910-815-6618 gloria.garton@drcwilmington.org
Moores Creek Conservation Alliance Nancy Keith 910-540-0179 moorescreekconservation@gmail.com
Cameron Art Museum Bo Dean 910-599-3995 ext 1010 bodean@cameronartmuseum.com
WHQR Public Radio Laura Hunsberger (910) 343-1640 laura@whqr.org
Church World Service/ CROP Walk Janet Magelli 910-616-1342 jmagelli@gmail.com
Arts Council of Wilmington and N.H.Co. Owen Wexler 910.790.3989 mowexler@aol.com
Foreign Exchange Student Program -PAX /STEP Tracy Bickel 910-632-4293 hostexchangestudent@gmail.com
PILOT CLUB OF WILMINGTON RAMONA ANDREWS, PRESIDENT 791-2733 – BUSINESS  612-0834  – CELL randrews@biz.ec.rr.com
Greater Porters Neck Area Foundation Yona Bar-Zeev 910n 686-5191 pnccyona@yahoo.com
The Arc of NC-Benefit Bank/ Volunteer Income Tax Assistance (VITA) site Brian Moeller (9100 538-9421 bmoeller@arcnc.org
The Full Belly Project Daniel Ling (910) 452-0975 fullbellyproject@gmail.com
WINGS MINISTRY Missy Settlemyre 910-512-7643 missy@wingsministriesinc.com
Religion News Wilmington Amanda Greene, local editor and community manager 910-471-9152 or 910-520-3958 Amanda.Greene@ReligionNews.com
Wilmington Health Access for Teens Emily Henley 910-202-4605 emilyhenley@whatswhat.org
Lifeguide  ( We will be sharing a booth with Guardian ad LItem as in the past two years.) Denny Smith 793-3472 densmi@bellsouth.net
ACCESS of Wilmington Inc. Dan Johnson, Chair  AND/OR  David Morrison, Vice Chair 910-962-3659 Johnsonde@uncw.edu  david.morrison87@yahoo.com
League of Women Voters of Lower Cape Fear Carole Ellis 910-791-0922 cellis13@ec.rr.com
OLD BRIDGE PRESERVATION SOCIETY Karen Dombrowski 910.579.9021 Rkd389@hotmail.com
First Book – New Hanover Co. Carol Barre 910-200-1441 cbarre1250@ec.rr.com
First Book New Hanover County John Osinski 910-962-4271 osinskij@uncw.edu
The Affordable Housing Coalition ofSoutheastern NC Toni Melvin Whitaker  Acting Executive Director (910) 599-0348 toniwhit@ec.rr.com
Buy Local ILM Gayle Tabor 910.471.7627 hello@buylocalilm.com
S.H.A.R.E. Briana Kelly 910-431-6418 Brianamkelly@hotmail.com
Trinity Grove Ms. Noel Schuler 910-442-3016 nschuler@trinitygrove.net
MADGRL  Mid-Atlantic Great Dane Rescue League Arlene Hubner 910-845-5143 ahubner@ec.rr.com
The Warrior Ride Debra/Bob Racine 910-278-4612 teamracine@thewarriorride.org
Elderhaus PACE Amy Derck (910) 338-2757 amy.derck@elderhaus.com
KAIROS Prison Ministries Intl. Gordon Keifer 256-5781 gordonkeifer@hotmail.com
Wilmington Prostate Cancer Support Group, Us TOO George Gardner 792-9953 wproscasupportgp@aol.com
Bellamy Mansion Museum Gareth Evans 910.251.3700 gareth@bellamymansion.org
Oceana Zachary Keith 321-356-6603 zkeith@oceana.org
Junior Achievement of the Cape Fear Region Courtney Hickman 910-462-3690 chickman@jacarolinas.org
Project Linus Sharon Black 910-681-0452 slhblack@bellsouth.net
Guardian ad Litem Program of the 5th Judicial District Lynne Fender or Liz Kachris-Jones 910-616-8960 or 910-520-4035 lfender@ec.rr.com or  liz.k.jones@nccourts.org
Wilmington Multiple Sclerosis (MS) Support Group Burt Masters, Co-Leader, Wilmington MS Spt Gp (910) 383-1368 happyheim@peoplepc.com
Interfaith Refugee Ministry Sarah Kingsley 910-538-0714 skingsley@helpingrefugees.org
Carolina Vocal Arts Ensemble Beverly Cree 910.799.9977 bjcree@gmail.com
Occupy Wilmington NC Roxanne Kirtright 910 380 1690 araweggandastorm@gmail.com
The Friends of the New Hanover County Public Library Ruth M. Brown 910-256-5482 ruthbrown@bellsouth.net
Cape Fear Coalition for a Drug-Free Tomorrow Diane Edwards 962-7432 edwardsd@uncw.edu
The Carousel Center Tira Hanrahan (910) 254 – 9898 ext. 218 tira.hanrahan@carouselcenter.org
Monty’s Home Barb Raab 910-259-7911 info@montyshome.org
Cape Fear Clinic, Inc.  (Formerly Tileston Health Clinic) John Devaney, Executive Director 910-343-8736 jdevaney@capefearclinic.org
American Red Cross- Cape Fear Chapter Wendy Flynn (910) 762-2683 ext 328 flynnw@usa.redcross.org
Food Bank of Central & Eastern North Carolina at Wilmington Jeff Rose 910-251-1465 ext 2205 jrose@foodbankcenc.org
(WRAAP) Wilmington’s Residential Adolescent Achievement Place, Inc. Daryl Dockery 910.392.6007 daryldock@aol.com
Airlie Gardens Flo Berry 910-798-7566 Fberry@nhcgov.com
NC Coastal Federation Ted Wilgis 910-509-2838 tedw@nccoast.org
Phoenix Employment Ministry Don Skinner 910-343-8469 phoenixesw@bellsouth.net
Lower Cape Fear Hospice & LifeCareCenter Tracy Register / Jason Clamme 910-512-7559 or 910-796-7981 tracy.register@lcfh.org or jason.clamme@lcfh.org
Domestic Violence Shelter and Services, Inc. Andrea Stough 910-343-0703 dvoutreach@earthlink.net
Wrightsville Beach Museum of History Madeline Flagler 910-256-2569 wbmuseum@bizec.rr.com
Muscular Dystrophy Association (MDA) Melissa Clary 910-763-3114 mclary@mdausa.org
Wilmington SCORE Sara Raleigh 910-409-9865 sraleigh@ec.rr.com
Coastal Horizons Center, Inc.  Crisis Intervention Services Julie Ozier, LCSW or   Celine Adair, LMFT (910) 392-6936 jozier@coastalhorizons.org
American Red Cross – Cape Fear Chapter Wendy Flynn 910-762-2683 ext.328 flynnw@usa.redcross.org
Brunswick County Volunteer Center Jayne W. Mathews 910-253-2574 jmathews@brunswickes.com
YWCA Lower Cape Fear Katie Nelson 910-799-6820 ext 104 volunteers@ywca-lowercapefear.org
New Hanover High School Army JROTC LTC James M. Chaffins (910) 520 – 7244 james.chaffins@nhcs.net
Comfort Socks Theresa Tese 9102698577 theresa@comfortsocksonline.org
CHILD ADVOCACY & PARENTING PLACE (CAPP CENTER) ELIZABETH K. MANDEL 910-791-1057 MANDELL@CAPPCENTER.ORG
SEACC (Southeastern Alliance for Community Change) Steve Lee 910-791-4877 seacc1@gmail.com
Brunswick Christian Recovery Center Ouida Hewett 910-842-6017 ouida@atmc.net
OPTIMIST CLUB OF WINTER PARK CHUCK KUEBLER 910-392-7760 charleskuebler@gmail.com
Elderhaus Adult Day Care Trudy Tann (910)251-0660 trudy.tann@elderhaus.com
Brunswick Family Assistance Agency Lora Moree 910-754-4777x 103 lorabfa@gmail.com
Amercan Radio Relay League Glenn Cox 910 431 3875 ke4bmy@hotmail.com
“Bread for Life….” Ministry Claudette Fiskin, MSW 910-343-5276 Bread4life.ministry@gmail.com
Cape Fear Literacy Council Rachel LaCoe 910-251-0911 rlacoe@cfliteracy.org
Canines for Service (formerly Carolina Canines for Service) Laura Kranchalk 910-362-8181 lkranchalk@caninesforservice.org
Pretty In Pink Foundation Joy Wade 910-620-9871 jwade@prettyinpinkfoundation.org
Paws Place Inc.  3701 E. Boiling Spring Rd.  Winnabow, NC 28479 Peggy Durso 910-253-9258 peggydurso@ec.rr.com
New Hanover Regional Medical Center Eileen McConville 815.5317 eileen.mcconville@nhrmc.org
A.R.R.L. The Amercican Radio Relay League Glenn Cox 910 431 3875 ke4bmy@hotmail.com
Cape Fear Volunteer Center Annie Anthony 910-392-8180 cfvcdirector@gmail.com

Categories: Soothing Medicine for your CONCIENCE | Volunteer Wilmington NC Concience Fair 2012

Why ReFi? | Five Great Reasons To Refinance Today | Wilmington NC real estate

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There are plenty of reasons for a homeowner to refinance a current mortgage. Lowering a monthly payment is probably the most popular reason, but there are others. Do you want to pay off your loan more quickly? Has your credit rating improved since you bought your home, allowing you to now get a better rate? Do you want to put some of your equity to work in other ways? Each reason leads to a different way of thinking about refinancing.Many homeowners start thinking about refinancing when the current interest rate is lower than their mortgage-loan rate. Traditionally, homeowners have been advised to follow the “2-2-2 rule” when considering refinancing. This rule of thumb says your new interest rate should be at least 2 percentage points below your current rate. You should have lived in the home at least 2 years. And, you should be planning to stay at least 2 more years.

Although the “2-2-2 rule” is good advice in many cases, you should decide for yourself (with some professional advice!) what’s best in your situation. If the market doesn’t allow you to refinance into a lower-rate mortgage, you may still have a reason to change loans.

Some homeowners want to extend a 15-year loan into a 30-year plan to lower their monthly costs. Other homeowners who don’t plan to move for 5 years or more may benefit from a new mortgage even if it is only 1 percentage point lower than the old one.

Imagine you had a $200,000 mortgage at 8% over 30 years with a payment of $1,467 per month. If the loan amount is down to $175,500 (after making payments for about 10 years), you could use one of these strategies to lower your payment:

1. Lower Rate.

One method is to seek out a lower interest rate for the balance of $175,500. By lowering the interest rate to 7%, but maintaining the current payment schedule (20 more years of payments in the above example) your payment would drop to about $1,361 and the loan would still be retired at the original 30-year mark.

2. Longer Term.

Another way to lower your payment would be to prolong the length of the amortization. For instance, by getting a new 30-year mortgage for $175,500 at the 10-year mark, your payment would drop to $1,167 (at 7%).

3. Cash Out.

Some homeowners pull equity out of their properties for home improvement, vacation, college costs, big-ticket purchases or to consolidate debt. Especially when interest rates are rising or stable, cashing-out is often the primary reason for refinancing.

4. Change Loan Type.

Other folks refinance in order to change the type of loan they are paying off. Some homeowners grow uncomfortable with the variability of adjustable-rate mortgages and would rather have a fixed-rate loan. Others need to reduce monthly expenses and choose an adjustable-rate loan to lower their payment.

5. Shorter Term. The rates are still around 4%

Sharpen Your Pencils!
Determining how much you can afford to finance in today’s market requires careful consideration and a bit of math. If you are thinking about refinancing an existing mortgage or buying a home, use these charts to help you plan. Then call us, so we can answer your questions and help you take the next step!
Monthly Payment: How much can you afford?
Lenders will usually allow you to spend 28% of your total–or gross–monthly income to make mortgage payments of principal, interest, taxes and insurance. The table below shows how much 28% is at various income levels.
Annual Income Gross Monthly Income Affordable Monthly Payment**
$20,000 $1,667 $467
$25,000 $2,083 $583
$30,000 $2,500 $700
$35,000 $2,917 $817
$40,000 $3,333 $933
$45,000 $3,750 $1,050
$50,000 $4,167 $1,167
$60,000 $5,000 $1,400
$70,000 $5,833 $1,633
$80,000 $6,667 $1,867
$100,000* $8,333 $2,333
*For incomes over $100,000, add together the two appropriate columns.
Loan Amount: How much can you plan to borrow?
Once you know how much you can afford monthly, use this table to estimate how much you can borrow. Add your down payment to get an approximate house-hunting price range.
Monthly Payment** 5% 7% 9% 11%
$467 86,995 70,194 58,040 49,038
$583 108,603 87,630 72,457 61,219
$700 130,399 105,216 86,998 73,505
$817 152,194 122,802 101,539 85,791
$933 173,803 140,237 115,956 97,971
$1,050 195,598 157,823 130,497 110,257
$1,167 217,393 175,409 145,038 122,543
$1,400 260,797 210,431 173,995 147,009
$1,633 304,201 245,453 202,953 171,476
$1,867 347,791 280,625 232,035 196,047
$2,333 434,599 350,668 289,951 244,980
**Principal and interest only; taxes, insurance and any homeowner fees not included. These will raise your monthly payment and reduce the amount of principal and interest and total loan amount you can afford. Loan amounts are based on a 30-year fixed-rate mortgage. For incomes over $100,000, add together the two loan amounts and add your down payment.

Yet another reason for refinancing is to shorten the term of your current mortgage. If your income has grown substantially and you’re happy living in the same home, you could reduce the length of your loan by simply refinancing to a shorter-term mortgage with a smaller balance but higher payment. Using the above example again, a $175,500 loan paid off in 15 years at 8% would cost you $1,677 each month (about $200 more than for the original loan), but the loan would be paid off relatively quickly–saving you thousands of dollars in interest payments.
Whatever you decide, be sure to weigh the costs of refinancing carefully. A lower monthly payment may help your cash flow, but is it going to cost you too much up-front to make sense? Be sure you’ll live in the home long enough to recoup the expenses associated with refinancing–points, closing costs and fees.

Categories: Buying Wilmington NC real estate, Refinance, Uncategorized, wilmington nc real estate, Wilmington nc schools, worlds largest christmas tree

Wilmington NC Does It Again | First in Country to use White Space Network | Wilmington NC real estate

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New Hanover County loves technology… The New Hanover County government is on the cutting edge of new technological advances by utilizing the TV White Space that was abandoned in 2008 with the national launch of digital TV.  Wilmington was the first test city for the use of the non analog device.  The FCC laid ground rules concerning the use of the White Space Spectrum and New Hanover County is the first to utilize the technology.  The first commercial installation of the White Space network was set up at Hugh McCrae park. Phase 2 will include other parks and gardens such as Vetarans Park and Airlie Gardens.  Wi Fi on caffeine will be available.

“Community leaders have been eager to keep the area in the race to develop new technologies and uses since the FCC chose the local television market as the first in the country to transition to digital TV.  New Hanover County and Wilmington are also noted in the FCC’s National Broadband plan as a model of the usability of the spectrum.

New Hanover County has provided network IP cameras, Wi-Fi routers, antennas and other hardware as well as technical installation of the new FCC approved radios.  New Hanover County, city of Wilmington and TVBS have been using white spaces for a number of business applications already, including water quality monitoring and security purposes.

Chaney says the county and city governments collaborated on a pilot project that provided Wi-Fi and video surveillance in the Creekwood housing development.  The county is also using white space to automate the collection of water quality data in environmentally sensitive areas that would have required trenching of wires.

In testing white space, Chaney says “We see ranges of up to 1.5 miles on a point-to-point application of the spectrum including signal propagation through vegetation and buildings.  Installing these newly approved radios and appropriate antennas could allow wireless service far beyond traditional boundaries.”

Categories: Realtor tips, Uncategorized, white space network, white space technology, Wilmington NC Neighborhoods, wilmington nc real estate, worlds largest christmas tree, Wrightsville Beach NC

The Spirit of Christmas is to Give of Yourself …

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Merry Christmas from Our House to Yours.

Spend time with family and friends, enjoy them richly.  Along the way find a way to help new friends.  This is the time of year that we must remember that it is the giving that is so rewarding.  Giving of your time, crafts, good deeds and helping others.

 

 

 

I have always thought of Christmas time, when it has come round, as a good time; a kind, forgiving, charitable time; the only time I know of, in the long calendar of the year, when men and women seem by one consent to open their shut-up hearts freely, and to think of people below them as if they really were fellow passengers, and not another race of creatures bound on other journeys. 

~Charles Dickens

Christmas is a necessity.  There has to be at least one day of the year to remind us that we’re here for something else besides ourselves.  ~Eric Sevareid

Never worry about the size of your Christmas tree.  In the eyes of children, they are all 30 feet tall.  ~Larry Wilde

Christmas is the season for kindling the fire of hospitality in the hall, the genial flame of charity in the heart.  ~Washington Irving

Remember
This December,
That love weighs more than gold!
~Josephine Dodge Daskam Bacon

Categories: ability park, Merry Christmas Wilmington Nc, Uncategorized, Wilmington NC Neighborhoods, wilmington nc real estate, wilmington nc weekly events, worlds largest christmas tree, Wrightsville Beach NC

Wilmington NC Miracle Field | Wilmington NC real estate

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Wilmington NC is getting  a Miracle Field for the new Miracle League.  Accessible Coastal Carolina Events Sports and Services (ACCESS) was started to bring the field to the area. “The overall mission of ACCESS is to not only provide an opportunity for those who have not yet had the chance to experience the power of play and the joy of sports but to also show the importance of inclusion within a community. Creating a place where people of all ages, races, and abilities can actively participate together, will naturally allow relationships to develop as people share interest. More importantly it is opening the door to a better world for everyone.” The Miracle League was started in the late 1990′s in Rockdale Youth Baseball program in Atlanta.  They recognized the need to include all children in a sport regardless of their abilities.  Hence the Miracle Field was started.  People of all abilities and ages could play baseball.  Eventually the fields were made to  have a rubber, non-latex surface that is helpful and safe for persons with any mobility difficulties.  The Wilmington area is excited to participate in such a wonderful project.  The fields will be built at Olson Fields off Murrayville Road. There will be playgrounds for all abilities and restrooms.  The project has raised 87.5% of it’s goal of 1.2 million dollars.  If you would like to donate in someones name as a gift for Christmas, what a great way to honor them.  The Miracle Field is truly a “miracle”  Please watch this video of the Wilmington Miracle Field.  For more information or to donate online, please visit www.miracleleaguewilm.org/

YouTube Preview Image

Categories: ability park, Miracle Field, miracle league, Uncategorized, wilmington nc real estate, worlds largest christmas tree

PRICING: Beat Your Competition To The Contract | Wilmington NC real estate

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PRICING:

Beat Your Competition To The Contract

To sell your home quickly for top dollar in today’s market, the best move you can make is to price the property at its current market value. When you set the right price on your home, you have an edge on your competition.

Here’s how setting the right price helps you:

You tap the pent-up demand of buyers who have already seen everything on the market and are waiting for new home listings.

You target the right group of prospects — the ones who can afford your home and are looking at similar properties.

Your home will compare favorably with other homes potential buyers see because yours will look better than overpriced homes in your category. To view this beautiful home, please visit www.wilmingtonnc-realestate.com

Perils Of Overpricing

Overpricing your home gives the advantage to your competition — the other homes on the market. The buyers you want to attract won’t see your home because they are only looking at homes listed in their price range.

Prospective buyers who do see your home realize they can get a better deal elsewhere. If it’s your home they want, they may choose to wait until you lower the price. And if you do reduce the price, other potential buyers wonder why the home has been on the market so long.

The right price is determined by the size, condition and location of your home, what comparable homes are selling for at the time you list yours, and the balance of supply and demand in your area.

Strategic Pricing

{short description of image}Setting the best price to list your home is part science, part art. There are several aspects of the home’s value we consider when making pricing recommendations.

1. Comparison. Where does your home fit in the Wilmington NC marketplace? It should be priced to be competitive with comparable homes in the same area.

2. Negotiation. The price should allow some space to make concessions in order to close the deal.

3. Return. The listing price should be set so you net the most money possible from the sale.

4. Target. Ideally, the price is adjusted to the top of a multiple listing category, so the home’s features compare favorably with lower-priced homes in the range. (If it is placed at the bottom of the next higher price grouping, the higher-priced homes will look better and sell more quickly.)

Other Factors

Unfortunately, what you paid for your home is not a factor in determining its market value. Neither is what you would like to get out of the home. Some home improvements you’ve made may add to the market value, however. Having the home in picture-perfect condition from the first day of the listing may also increase the value of your home. But mostly, these will help you sell faster, and that could mean a sale price close to your asking price.

Call us to find out more about how you can price your Wilmington NC real estate to sell it quickly. We’ll be happy to conduct a FREE market analysis to find the best price for listing your home.

Categories: certified distressed property expert, How to price a home, Price your home to sell, Uncategorized, Wilmington NC Market Statistics, Wilmington NC Neighborhoods

The Real Meaning Of Thanksgiving | Sharing

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To speak gratitude is courteous and pleasant, to enact gratitude is generous and noble, but to live gratitude is to touch Heaven.  ~Johannes A. Gaertner


We would like to wish each and every one of you a Happy Thanksgiving.  No matter where you may be celebrating this day of thanks, may you be filled with gratitude and good feelings.  This time of year is a time to share your talents and good fortunes.  One of the best good fortunes for you to share is your time.  Our great city has plenty of volunteer opportunities to help those that are less fortunate.  The Wrightsville Beach Magazine has a list of organizations that could use your help.  Get involved, meet new people and share your enthusiasm for our hometown.  Enjoy family and friends and reach out to those who might not have the chance to do the same.  

For a list of opportunities please click the cover photo.


Categories: thanksgiving wilmington nc, Wilmington NC Market Statistics, Wilmington NC Neighborhoods, worlds largest christmas tree

Just Released | Coldwell Banker Sea Coast and Coldwell Banker Advantage to Merge | Wilmington NC real estate

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For Release November 17, 2011

Merger of Two Top-Selling Coldwell Banker Franchises Creates State’s Third-Largest Residential Real Estate Brokerage Two of the top-selling Coldwell Banker franchises in North Carolina have joined forces, creating the state’s third-largest residential real estate brokerage company. The merger of Coldwell Banker Sea Coast Realty of Wilmington and Coldwell Banker Advantage of Raleigh and Fayetteville creates a regional powerhouse with a sales team of more than 600 agents and 26 sales offices in Raleigh, Wilmington, Fayetteville, Jacksonville and other Eastern North Carolina markets. The two companies combined to generate more than $1.3 billion in sales volume from 6,500 real estate transactions in 2010, which would have ranked the merged company as the state’s third-largest brokerage, according to REAL Trends, a real estate industry trade magazine. Those totals would also have ranked among the top 55 brokerages in the country in sales volume and among the top 75 in transactions, according to the magazine. The two companies are on track to surpass last year’s sales and transactions totals in 2011, having already exceeded $1 billion in sales and 6,000 transactions through October, according to statistics provided by local offices of the Multiple Listing Service (MLS). The merger was announced by Coldwell Banker Real Estate Corporation CEO Jim Gillespie on Thursday, November 17th in separate news conferences in Raleigh and Wilmington. “Today’s merger creates the fifth largest Coldwell Banker affiliated company in North America,” Gillespie said. “Coldwell Banker Advantage and Coldwell Banker Sea Coast Realty have been long-time members of the Coldwell Banker Chairman’s Circle, representing the best-of-the-best of our great brand,” he said. The new company – to be called Coldwell Banker Sea Coast Advantage – will be led by co-CEOs Tim Milam of Sea Coast Realty and Gary Rabon of Advantage. “This is a true merger of equals,” Milam said. “It is not an acquisition. I want to emphasize that in the strongest possible terms. All owners of both companies will remain owners with the new company. Neither company is buying the other. Instead we’re joining forces to compete more effectively in today’s challenging marketplace. “Gary and I have been friends for years,” he added. “Our companies have been built on similar values and culture. We’ve talked about merging for at least the last five years, and finally decided this summer the time was right to get it done.” Rabon added: “This is a merger where both companies are strengthened. It builds our regional footprint and enables us to do an even better job of supporting our team of brokers and agents in the field. It also creates a lot of synergies in terms of marketing, training and technology.” The merger brings together two companies that have dominated their respective markets. SeaCoast Realty is currently the number one brokerage in Wilmington, Brunswick County, Topsail and Jacksonville with over 23 percent of the market. Advantage, meanwhile, ranks number four in Raleigh and number one in Fayetteville, according to MLS statistics. Both have emerged as leaders in North Carolina’s fast-growing military market, with strong positions among military families in Fayetteville and Jacksonville – home of Fort Bragg and Camp LeJeune, respectively. The merged companies will also have an advantage in serving the two-way traffic between the Raleigh/Research Triangle and the Wilmington/Wrightsville Beach markets, Rabon said. “There’s a lot of cross-pollination on I-40 in both directions,” he said. “Triangle families are looking in Wilmington area for second-home opportunities, while a lot of Wilmington area families are looking to move to the Triangle for job opportunities. “The merger gives us an even better connection to this growing segment of the market, one that we are both going to capitalize on.” CONTACT: Tim Milam Coldwell Banker Sea Coast Advantage (910) 202 2501 Gary Rabon Coldwell Banker Sea Coast Advantage (919) 846 3305

Welcome Coldwell Banker Advantage, we look forward to working with you. Kay Baker and Associates – www.cbbaker.com

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


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

Copyright © 2012 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.