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27959 : Real Estate Advice

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  • Local Info1
  • Home Buying1
  • Home Selling1
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Activity 14
Tue Mar 3, 2015
Rick Drumm answered:
there are 2 main roads - beach road (Va Dare Trail) and the bypass Road - (rt 158) - they are separated by about 1/4 mile
0 votes 9 answers Share Flag
Tue Mar 3, 2015
Matt Myatt answered:
Happy to help anyway I can. Please feel free to contact me at anytime.

Matt Myatt
Village Realty
Matt@MattMyatt.com
252.207.6588
0 votes 10 answers Share Flag
Sun Oct 28, 2012
Karen DelVacchio answered:
Hello Sharon
I don't think this is for rent. But I've got a house for sale nearby at 104 hillside court. 4 bedrooms. The owners want to put a year round tenant in it. $1200 per month + utilities If you are interested please contact me at Karen@VROBX.com ... more
0 votes 3 answers Share Flag
Tue Mar 3, 2015
Greg Cremia answered:
Why limit yourself to short sales when there are sellers who can compete with short sales and foreclosures? They all get appraisals and they all sell for the same prices. If you believe the short sale myths you had better watch out before someone sells you a bridge.

You can search here and find all the short sales and foreclosures. http://www.nagsheadmls.com/

Let me know if there is anything I can do to help.
... more
0 votes 4 answers Share Flag
Tue Mar 3, 2015
scott farmer answered:
You should form an LLC and this can be done anywhere. I believe it might be cheaper in NV to do. You should do this immediately before you put a tenant in the property. The LLC would protect your personal assets from a suit such as your Nevada home where you reside. Seek legal council for further understanding of the benefits of having a rental in an LLC and deciding the best way of structuring your LLC for protection.

If you buy another rental then consider forming another LLC for that property as well. Also, if this is a weekly rental send me the link as I love to vacation in OBX!
... more
0 votes 5 answers Share Flag
Fri May 6, 2011
Bill Eckler answered:
Tom,

Expecting to close on a short sale in less than 30 days demonstrates a lack of understanding of the short sale process. Unless your short sale transaction is a "bank approved" sale price, you can almost certainly expect the transaction to require 3-4 months.

In that case, you will likely not have to worry about this year's income from rentals.

Good luck,

Bill
... more
0 votes 5 answers Share Flag
Tue Aug 31, 2010
Bbeals asked:
0 votes 0 Answers Share Flag
Tue Mar 3, 2015
Greg Cremia answered:
Nope. NC, Nags Head and Dare County treat everyone the same, unlike some of our neighbors. I can give you a list of what your expenses should be.
0 votes 5 answers Share Flag
Tue Mar 3, 2015
Hugh "Scooter" Willey answered:
On the official North Carolina transportation map, between Nags Head and Bodie Island, it says simply, "Whalebone." Whalebone Junction is loosely thought to encompass where U.S. 158, U.S. 64, the Beach Road, Old Oregon Inlet Road and N.C. 12 start or end.

Currently, Jennette’s Pier located in the heart of Whalebone Junction is being reconstructed with aquarium and major state-of-the-art, energy-efficient educational facility. We feel like this will be a huge addition to the Whalebone area, Nags Head and the entire county.

If you would like information about real estate currently for sale in the Whalebone area, please feel free to contact me at 252-489-8491 or shoot me an email at hugh@seasiderealty.com

Hugh "Scooter" Willey
REALTOR, ABR
Coldwell Banker Seaside Realty
252-489-8491
hugh@seasiderealty.com
http://www.nagsheadhomes.com
http://www.youtube.com/isellobx
... more
0 votes 4 answers Share Flag
Fri Jun 5, 2009
Nancy Bailey answered:
I have found 1 listing under $75,000 and two under $100,000. I would be happy to help you and send information on these three. Please email me at nancy@beachrealtync.com or call my cell phone 252-207-1091. I am looking forward to hearing from you.

Nancy Bailey, Broker, ABR, CSP, e-PRO
Beach Realty & Construction
... more
0 votes 1 answer Share Flag
Tue Mar 3, 2015
Hugh "Scooter" Willey answered:
A Realtor refusing to do Open Houses just because they say it doesn’t work might not be in a Seller's best interest. As a Realtor, I assess each home and family situation to come up with an Open House plan that will work for my Sellers.
Do you live in a high demand neighborhood with lots of drive by traffic? Will families be passing by on their way home from church or on their way to restaurants and shops? Is your home priced correctly for the neighborhood?
If you can answer yes to these questions, an Open House may be an effective marketing tool for your home. Potential buyers who like specific areas will stop to see what is available. Remember, if the home is well priced, I have seen Buyers write offers on the spot.
However, if your home is well off the beaten path or you were the only one in the development to add all of the upgrades, Open Houses might not be successful. Also, Buyers won't follow more than 3-4 directional arrows and travel more than ½ a mile out of their way.
In the Outer Banks of NC, we have a lot of second homeowners. Many of them are friendly, interesting and full of questions. So an Open House is usually a fun and informative afternoon. Especially, if you just throttle back, take it easy, and enjoy the people you meet.
However, a better use of your Realtor's time is to MOTIVATE the entire real estate community (other Realtors in the area) to bring their qualified buyers to your house! This is productive marketing and will get your home sold quickly and for the most money possible in today's Buyers’ market.
When you are ready for a professional real estate consultant to advise you AND sell your house then visit http://www.nagsheadhomes.com/ I use many marketing systems together to get your home sold quickly and for the most money possible in today's market.

Hugh " Scooter" Willey
Coldwell Banker Seaside Realty
252-489-8491
... more
0 votes 21 answers Share Flag
Thu Apr 2, 2009
Greg Cremia answered:
The links to all of the town' s websites can be found on the town pages on my website. You should be able to start there and make inquiries about employment. In the meantime, sign up for automatic email updates and you will get all the new listings sent to you. If you are coming down to look around I can get you a list of properties for sale with the address, price, etc and you can drive around and see if your price range will satisfy your needs. Let me know if you need a street map. ... more
0 votes 5 answers Share Flag
Mon Aug 24, 2009
Hugh "Scooter" Willey answered:
After experiencing double-digit rates of appreciation for several years, the average selling prices of properties have declined. Yet, prices in the Outer Banks continue to offer a very strong value relative to other resort areas along the east coast.

This is an excellent time to be a buyer in the Outer Banks. An abundant supply of homes for sale means that an attractive selection of properties is available for buyers’ consideration, and the purchasing environment is less stressful with fewer buyers in competition with each other. In addition, sellers may be more willing to make concessions during contract negotiations. Interest rates continue to be low, and the median price of residential properties has declined making homes more affordable.

When all is said and done, it’s a great time to be a buyer in the Outer Banks!

Feel free to search 24 hours a day, the Outer Banks MLS, on my website:

http://www.nagsheadhomes.com

If I can answer any further questions, please contact me at:

hugh@seasiderealty.com
252-489-8491 (Mobile)

Hugh "Scooter" Willey
Sr. Assoc. Broker ~ Licensed NC Builder
... more
0 votes 8 answers Share Flag
Mon Apr 12, 2010
Penny Parker answered:
I would start with looking on Craig's list in that area. From there, you will get an idea of what agents or companies are active in the rental market.
0 votes 8 answers Share Flag
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