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Southport : Real Estate Advice

  • All36
  • Local Info5
  • Home Buying9
  • Home Selling2
  • Market Conditions3

Activity 23
Thu Jul 9, 2015
moorewendyj asked:
I would like to know about Rivermist and how far from downtown Southport. Are there are new developments, Price range 150-2K
0 votes 0 Answers Share Flag
Mon Apr 27, 2015
Ernie Behrle answered:
I just tried an internet search here in Raleigh to see what kind of hits I got on short term furnished apartments etc and got quite a list. Suggest you try the same thing for where you are moving. Good Luck!! ... more
0 votes 1 answer Share Flag
Mon Jun 9, 2014
Mack Alsaidi answered:
It can take anywhere from 2-18 months.
1 vote 11 answers Share Flag
Thu May 22, 2014
ghostwriter1cq asked:
Fri Mar 7, 2014
Carder Blake answered:
Hi rthomas,

A great question. There are many sites on-line to check out crime rates in cities across the country. Please follow the link below to find the crime rate in Southport:


http://www.city-data.com/crime/crime-Southport-North-Carolina.html


You can also use this site to find the crime level in many other U.S. towns. See the link below.

http://www.city-data.com/crime/index.html


If these links don't work, just copy and paste into your browser.

Hope this helps,
Carder
... more
0 votes 1 answer Share Flag
Thu Nov 21, 2013
Randy Wilson answered:
This is a gated community. St James is a well established golf community. The dues for this home are$790 annually.
3 votes 2 answers Share Flag
Thu Oct 24, 2013
Harley Lemons answered:
Although there has been a lot of people moving in over the past years, Southport is still pretty much a locals kind of place. I have coffee every morning with 6-10 guys who parents and grand parents lived here in Southport. We even have a Locals Restaurant. If you move in, you may never become a LOCAL. However, everyone is friendly and it is very easy to make friends and become excepted.

Retiring to Southport in 2000, it has been everything I thought it might be and more. Speaking of being welcomed, I have served on the Southport Planning Board, Southport Board of Adjustment, Southport Transportation Committee, and am a past president of the local Lions club. Best place I have ever lived.

Loving it in Southport

Harley Lemons
... more
1 vote 4 answers Share Flag
Sat Sep 21, 2013
Ben Styers answered:
Even though HOA fees are quoted as monthly charges, most bill quarterly or semi-annually,
0 votes 2 answers Share Flag
Thu Aug 8, 2013
marvinapril59 asked:
could help me find something in the southport ,oakisland area but at this point anywhere is fine with me thanks alot
0 votes 0 Answers Share Flag
Thu Aug 1, 2013
Caryl Hudson answered:
I recently updated my website and it gives great information on the Southport area. Hope you find it to be helpful I "semi-retired" here 9 years ago and I am here to stay. I absolutely love the area. ... more
0 votes 9 answers Share Flag
Thu Aug 1, 2013
Caryl Hudson answered:
There are several newer condo/townhome properties in Southport. They range in price between $89,000 and $316,900. All were build 2007 or later. I would love to share more info with you! ... more
0 votes 2 answers Share Flag
Mon May 6, 2013
Julie Minter answered:
Original,

First I like your name. Second, I would probably not invest in a property for rental income in Southport. The demand is just not that high. It is a retirement community and there are not enough people moving into the market to work. I have a 2 bedroom condo at The Preserve if anyone is interested in renting there, and I am sure there are a few more rentals available in that complex.

But I do agree with my fellow professional below. If you would like to use it as a vacation home and rent it some of the time, that may work. There are seasonal workers coming in to work at the Sunny Point and they rent for months at a time. If you are looking for a good income rental property in the area, I would look at Oak Island. It's on the beach and there is a demand for rentals.

So Original, let me know if this was a good answer. Give me a thumbs up!
... more
3 votes 2 answers Share Flag
Sun Oct 28, 2012
Jayme Wall answered:
Also Schmid Homes does an amazing job. He mainly works in St. James but definetily worth if he will do anything in Southport.
1 vote 2 answers Share Flag
Thu May 24, 2012
Diann Sauble answered:
0 votes 1 answer Share Flag
Thu Apr 12, 2012
John Kilian answered:
Hi Jeff
The short sales process varies by situation but you will most likely have a negative impact on your credit and could also end up with a judgement. You might consider renting the property out until the market recovers.Pricing is ke yin todays market as you compete with many distressed properties so unless you are readfy to let it go at today's competitive pricing, you may be better holding on longer term. I would be happy to discuss your specific situation and help identify the best strategy going forward for you.
John Kilian
910-880-2087
... more
0 votes 3 answers Share Flag
Mon Jan 17, 2011
answered:
Hello,

Gathering & sending all of the required paperwork to HUD in Atlanta, GA is a cumbersome process. The turn around time for approval is a minimum of 2 to 3 months.

We are DELRAP approved which means that we can side step sending all of information to Atlanta; our approval turn time is approximately 1 to 2 weeks once all of the documentation is received. I would be happy to help you facilitate this process if you're open it.

Regards,
Andrew
... more
0 votes 2 answers Share Flag
Tue Oct 12, 2010
Desari Jabbar answered:
Consider getting a referral from family members, friends, or co-workers. Or perhaps, the realtor who sold you your home.

Best of luck to you!
0 votes 7 answers Share Flag
Tue May 25, 2010
Ruth and Perry Mistry answered:
Hi Diane:

Besides www.penfed.org

also try

www.hsbc.com

www.everbank.com

Have a wonderful long weekend.
Best Regards
Ruth
1 vote 2 answers Share Flag
Sun May 9, 2010
answered:
I'll give you an idea of something that occurred with someone who contacted me back in January. He was buying an apartment for his son in Manhattan. The son did not have enough income to qualify, and the father did not want to go on the loan as anything other than a non-occupant co-borrower. I had someone who was willing to do everything he wanted, even on a condo that did not meet Fannie Mae criteria, new construction with less than 70% sold and owner-occupied. He was recommended to me by a friend who has been a very good client of mine over the last 10 years. He found someone on-line who promised him a lower rate than I could give him. He called me a month ago because the low rate was not the rate he was really going to get, but told me that he needed to close in 2 weeks. I couldn't get it done for him in that time, so told him to just close with that lender. Well, you guessed it, he called a few days ago, he still hadn't closed, is so mad with this on-line mortgage person he found that he is going to close with all cash ($1.5 million apartment) and wants to cash out after closing. The lender that I was going to use for him for a purchase will not cash out to a non-occupant co-borrower. I was finally able to find someone to do the loan for him, but although it is a very good rate, he will have to pay 1 point to get the loan. I think this person learned his lesson, and you can learn something from it too. You don't necessarily have to use a local bank, but you should use a loan officer that is recommended by someone who had success with them. ... more
1 vote 4 answers Share Flag
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