Find New Homes Within Your Budget in Jacksonville, NC

Search for real estate in Jacksonville, NCNot everyone can go out and purchase a home that has just been built. New homes can be costly, so it is important that you keep your budget in mind. Look for alternatives to the traditional home that was recently built in a subdivision.

There are a couple of alternatives you have if you are looking at new homes. You do have the option of purchasing a small piece of land and having a building company build a small house on the land that is budget-friendly.

Another option is to once again buy a small piece of land, and in this case, purchase a manufactured home of some type for the property. A manufactured home is not necessarily a double wide or single wide trailer. It can be a house that looks like a normal house, but because of how they are made, they are less expensive.

Another alternative to buying brand new homes is to purchase a newer home that has been lived in, but they have now vacated it either through a normal transaction or a foreclosure. If it was a foreclosure, it could mean there is some damage that will need to be repaired. This is not however, always the case, so it is definitely worth a try.

New homes are wonderful. You have a fresh start, you can choose the first paint colors and flooring, but can you afford it? That is the question. Some people can. If you can, then by all means look for houses that fit your style. Whatever you do, do not purchase something that is above your budget or you may end up like those who had to foreclose on their home. It would be awful for you and the rest of your family to have to go through such a thing.

The best choice might be clear to you after considering it. It is completely your decision to make, but sometimes it helps to look at things from different angles or perspectives. It also helps to ask for advice from a friend or family member. It is possible that they have been exactly where you are now in your thinking.

If you are still unsure of what you should do, take the time just to look through some home listings. You will see old and new homes with their prices listed. You might be surprised to find some newer houses to be lower in cost than you had originally thought. You might not have to choose an alternative. Whatever decision you make, at least it will be an informed one.

Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
www.KatieJonesHomes.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC Real Estate, Hubert, NC Real Estate, Jacksonville, NC Real Estate,  Jacksonville, NC COUNTY Real Estate, Maple Hill, NC Real Estate, Maysville, NC Real Estate, Midway Park, NC Real Estate, North Topsail Beach, NC Real Estate, Richlands, NC Real Estate, Sneads Ferry, NC Real Estate, Surf City, NC Real Estate, Swansboro, NC Real Estate

New Construction Homes in Peytons Ridge Hubert NC

Finding a Real Estate Company to Sell Your Home in Jacksonville, NC

Katie Jones - Coldwell Banker - Jacksonville, NC (5)Deciding to sell your home is a major decision. It can be a very tiring undertaking if you do not have the right guidance. It is important to find a real estate agency that has the knowledge and experience you need in order to get the right people in your home. The abilities of those at an agency should include the following: sales experience and ability, staging ability, and knowledge of color and design.

General experience with real estate is important as you try to find the right agency to sell your home. If an agent is new at selling homes, he or she may do just fine, and your house may sell quickly. If he or she does not have specific experience with selling homes he or she should at least be good at sales and should have experience in other areas.

Staging a home is an important part of getting a home ready to sell. You may have no idea how to do this. That is where your real estate agent comes in. They will probably want to give your home a magazine quality. This might mean putting a bowl of fruit on a table and lighting a candle before having someone come in for a showing. Staging also means to remove objects in the home that are too personal. He or she may ask you to take down family pictures and replace them or just leave the space blank. Sometimes less is more as people come in and try to picture their own things in your home.

Knowledge of color and design is also important for a real estate agent. He or she should be able to help you to know whether to change the color of your walls, replace pillows on the couch or do something different with window coverings. Some people use bold colors on the walls and windows. This can be detrimental to the sale of your home, because that style is not for everyone, and it may be difficult for some people to get past.

Once you find a real estate agency that has agents with these qualities, you will also want to find out what percentage they take of the sale of your home. This is important so that you end up with enough. It needs to be sufficient to give the agent incentive, but it should not be so much that you suffer.

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Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
www.KatieJonesHomes.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC Real Estate, Hubert, NC Real Estate, Jacksonville, NC Real Estate,  Jacksonville, NC COUNTY Real Estate, Maple Hill, NC Real Estate, Maysville, NC Real Estate, Midway Park, NC Real Estate, North Topsail Beach, NC Real Estate, Richlands, NC Real Estate, Sneads Ferry, NC Real Estate, Surf City, NC Real Estate, Swansboro, NC Real Estate

New Construction Homes in Peytons Ridge Hubert NC

Tips for a Greener Jacksonville, NC Home

Search for real estate in Jacksonville, NCToday, people are realizing how important it is to keep our environment healthy. They do not want to waste their hard-earned money by living in an inefficient home. This is the reason why most homeowners, nowadays, are keen to improve their house and make it greener. Going green does not necessarily mean making drastic changes in the house. Even simple alterations can significantly improve the energy efficiency of your house. Listed below are some useful green home improvement tips that can help you make your property environment friendly.

* Maintain a nice herb garden. The good part is that it would not take up much space. So, you do not need to be a skilled gardener for maintaining it. There are a lot of herbs that can be easily grown indoors, which means that, even if you do not have enough outdoor space, you can still enjoy the flavor of home-grown herbs. Herbs, like mint, rosemary, sage, thyme, chives and marjoram, can be planted in cute small pots and lined up with the kitchen windowsill. By doing so, you can always have the basic herbs within your reach, anytime you need. In addition, the aroma which it would bring to your kitchen would be an added advantage.

* Paper and plastic bags, that are used by the stores, cause a lot of environmental issues, right from overflowing landfills and oil consumption to soil pollution and more. Investing in reusable bags is the best possible way for avoiding these problems. You can use the reusable bags while going out to shop for groceries, clothes, equipment or any other stuff.

* Paying the bills online is also a step towards saving the planet. If you pay the bills online, then you not only save your time but also the environment, by lessening the amount of paper which is used for the monthly statements. So, always have all your bills sent at your email address and not at your letterbox at home.

* If you have those old traditional light bulbs at home, then replace them with CFLs. CFL bulbs are more durable and energy-efficient than the ordinary incandescent bulbs. Thus, if you switch to CFL light bulbs, then you would surely save a lot of money by cutting back the energy consumption.

* Buy green home products. Apart from being safe for the environment, eco-friendly products also benefit people by saving their money. Moreover, by using these products, you would not be exposed to toxic chemicals, which in turn would reduce health issues. In short, by switching to environment friendly products you get, not one or two, but a lot of benefits.
So, follow these green home improvement tips and play your role towards Mother Nature as a responsible citizen. None of the above listed tips would cost you much. Making slight changes in your lifestyle would do the trick. So, make the most of these ideas by implementing them and enjoy their financial and health benefits.

Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
www.KatieJonesHomes.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC Real Estate, Hubert, NC Real Estate, Jacksonville, NC Real Estate,  Jacksonville, NC COUNTY Real Estate, Maple Hill, NC Real Estate, Maysville, NC Real Estate, Midway Park, NC Real Estate, North Topsail Beach, NC Real Estate, Richlands, NC Real Estate, Sneads Ferry, NC Real Estate, Surf City, NC Real Estate, Swansboro, NC Real Estate

New Construction Homes in Peytons Ridge Hubert NC

Online Tools For Looking For A Jacksonville, NC Family Home

Search for real estate in Jacksonville, NCYou can finally afford to buy a new (or another) residential property for you and your family. You must be happily excited and in high spirits. Or are you really? While buying a home is definitely a reason for celebration, most people faced with the responsibility of looking and selecting the perfect family property are not exactly jumping for joy. In fact, home buying can be stressful, frustrating and exhausting. But that doesn’t have to be the case. Enjoy your search process and ensure great results by getting sufficient, relevant and accurate information about home buying.

One of the best ways to do this is to go online and find the most reliable real estate website you could use for reference. Leading real estate companies put up websites rich with tools and information that will help clients make wiser investment choices, which means more business for them, too. It’s helpful to start with a website with a focus on the area you’re interested in. If you’re looking into moving to a new place, real estate companies with an expertise on that locality can lend you their insider information to present you with the best options for your property purchase.

The most basic search strategy you can undertake is to search according to location. You can log in to the website and select the area of your choice so that the results will show you already filtered listings according to your preference. For instance, you decided to set up your home base in your preferred place; real estate website advance searches can further help you narrow down the list by having you identify the price range, type of dwelling (apartment, house, villa, duplex, etc.) or property features (number of rooms and bathrooms, parking area, outdoor spaces, etc.).

Another piece of crucial information you could get from a reliable real estate company is the assessment of your area of choice, and how it would fit with your lifestyle and values as a family. Whether you’re interested in that development listed in a nice neighborhood in the heart of a city, or you wish for your kids to grow up in a n, real estate companies with a customer-oriented approach can provide a wide range of helpful information, from important facts such as crime rate, school system and traffic situation, to considerations such as your proximity to green spaces, playgrounds, cultural centers or commercial venues.

Your home search should be systematic and strategic to help you find the right property for your family. Make the most out of real estate online tools to start getting the results that may just make you finally jump for joy.

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Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
www.KatieJonesHomes.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC Real Estate, Hubert, NC Real Estate, Jacksonville, NC Real Estate,  Jacksonville, NC COUNTY Real Estate, Maple Hill, NC Real Estate, Maysville, NC Real Estate, Midway Park, NC Real Estate, North Topsail Beach, NC Real Estate, Richlands, NC Real Estate, Sneads Ferry, NC Real Estate, Surf City, NC Real Estate, Swansboro, NC Real Estate

New Construction Homes in Peytons Ridge Hubert NC

Important Functions of Your Jacksonville, NC Real Estate Agent

Search for real estate in Jacksonville, NCBefore the Internet became widespread, real estate listings were not available freely online. Instead, local offices of real estate agents would subscribe to thick books replete with the latest listings, weekly or fortnightly. Agents would go over the properties listed in the books to find a fit for their buyers. They would then contact their clients and ask them to drive by the house to look at it. They might even fax the listings. The bottom line is, the power was in the hands of real estate agents. This information was not available publicly and freely and real estate agents had the upper hand.

However, today, this information is available easily online. Buyers can even look at the history of the listings to obtain information about the purchase of the property and how long it has been listed on the market. They can even compare properties to gain an idea of the approximate value of homes in the local market. In this scenario, one might question the very need to even have a realty agent.

Below are three reasons why agents are still important in the new scenario.

The Agent Will Know the Market

Dealing in realty business requires a fair deal of effort and time. Real estate agents treat it as a full time job and are required to know the condition of the local market. They are well aware of the market conditions in the past five years. They repeat the process of buying and selling property again and again as it is their livelihood.

This alone gives the agent a special and unique insight into the real estate of the area. They learn what kind of inspectors to avoid, how to navigate through delicate situations at crucial points of the deal and how to put a good price on a house. They can immediately spot a good deal when they see one, yet they are also insightful enough to smell something fishy when they think they have a deal that is much too good to be true.

Interpretation of the Information

While the Internet offers a bevy of information, it would be of no use, or of even harm if one didn’t know how it would affect the investment.

For example, if a buyer found a property they really liked. They might find a comparison with another similar property that sold for a significantly lower amount. They might be tempted to wait or to lowball, in the hopes that they might get a better deal. However, a real estate agent would know that the second property actually had a whole deal of problems with carpeting and paint that the new owner would have to pay for. A buyer who did not consult a real estate agent might then miss out on his dream home, not knowing why the other home sold for less.

An agent gives confidence and advice about real estate decisions.

No Room for Mistakes

The past few years have shown just how unpredictable and unstable the real estate market is. While earlier, realty business was on a steady, slow growth, today it has become unpredictable. The loss of job security and a change in values also makes real estate a risky investment.

In such volatile conditions, an agent can help buyers to avoid mistakes that they might regret later. He can help them to make a responsible and well-informed purchase.

Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
www.KatieJonesHomes.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC Real Estate, Hubert, NC Real Estate, Jacksonville, NC Real Estate,  Jacksonville, NC COUNTY Real Estate, Maple Hill, NC Real Estate, Maysville, NC Real Estate, Midway Park, NC Real Estate, North Topsail Beach, NC Real Estate, Richlands, NC Real Estate, Sneads Ferry, NC Real Estate, Surf City, NC Real Estate, Swansboro, NC Real Estate

New Construction Homes in Peytons Ridge Hubert NC

How To Prepare Your Jacksonville, NC Home For Open House

Katie Jones - Coldwell Banker - Jacksonville, NC (13)One of the biggest blunders home sellers make is showing their house to the potential buyers without preparing it. To make the buyers fall in love with your house at the very first sight is not a cinch. For this, you must know how to prepare your property for open houses. Home showings are an important part of the selling process and cannot be overlooked. Listed below are some handy tips on how you can do up the exteriors and interiors of your house to make it spectacular during the open houses.

* To boost up the curb appeal of your house, mow the lawn and tidy up the flower beds before the buyers come over. Clean the gutters. Also, make sure that there are no little plants or shrubbery peeking from the roofline.

* Not everyone loves animals. Even the pet lovers might not like to have a cat or dog greet them when they visit the place. However, shutting the pet in any room of the house and asking the potential buyer not to enter into that room does not sound a wise move. Every buyer wants to check out the entire house, no matter what. So, the best would be to either crate them or drop them at a close friend’s place for some time. In addition, it is also important to corral their playthings, empty the bowls in which they eat and ensure all litter boxes and containers are clean.

* There is not any house where creepy things like insects are not present. However, as a seller, giving the illusion that there are no insects or bugs in your house should be one of your major goals. You can place an insect bail trap below the stairs, under the refrigerator and behind the cabinets. If you still fail to get rid of bugs, then call a good pest control firm to deal with the problem.

* A dark, clammy and damp basement can give an impression of a leaking foundation. While the reason for this could be just that the foundation is sopping up rainwater which must have been deflected elsewhere, the buyer is most likely to take it as a leakage in the foundation. So, next time when it rains, just go outside to make sure the gutters are unclogged, downspouts are running in the right direction and underground drains or pipes are open.

* If you have preschoolers, toddlers or a newborn, it is obvious to have a good number of baby paraphernalia and toys piled up in the house. If you wish to sell your house, stash away all this before the showing. You can use a large chest or closet to hoard the stuff.

In addition to all these things, be ready to make some alterations in the house as well. For instance, if you have dim bulbs, replace them with the bright ones so that your house can give an impression of a brighter and bigger space.

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Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
www.KatieJonesHomes.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC Real Estate, Hubert, NC Real Estate, Jacksonville, NC Real Estate,  Jacksonville, NC COUNTY Real Estate, Maple Hill, NC Real Estate, Maysville, NC Real Estate, Midway Park, NC Real Estate, North Topsail Beach, NC Real Estate, Richlands, NC Real Estate, Sneads Ferry, NC Real Estate, Surf City, NC Real Estate, Swansboro, NC Real Estate

New Construction Homes in Peytons Ridge Hubert NC

A Plan for Your Jacksonville, NC Home Investment

Katie Jones - Coldwell Banker - Jacksonville, NC (14)Your home is probably your biggest investment. To manage it, create a financial plan that takes into account repairs, upgrades, mortgages, insurance, and taxes.

Use a home financial plan budget worksheet, and start by writing a list of expenses, such as:

• Mortgage
• Taxes
• Home insurance, including liability
• Repairs and maintenance, such as new furnace, roof, painting
• Voluntary upgrades, such as a swimming pool, a premium range, a new powder room

What will you learn from this home financial plan weekend exercise?

• How much you have to spend
• How much you need to allot in the short- and long-term for necessary maintenance and voluntary improvements

With this newfound grip on your home’s expenses, you can create a home financial plan that’ll help you there for years with maximum enjoyment and minimum anxiety.

Here’s how to manage other aspects of your home finances:

The mortgage: Pay it — and then some
Insurance: Protect your property
Repairs and renovations: By choice or necessity
Taxes: (Almost) no way around them
The mortgage: Pay it—and then some

Yup, you already shell out a lot for your mortgage, but can you pay more? Even a little extra each month can add up to an earlier payoff. Let’s say you have $200,000 in outstanding principal and a 20-year fixed-rate mortgage at 5%. Your monthly payment is $1,319.91. But if you can manage to pay another $100 a month, you’ll save $14,887 in interest.

Run the numbers yourself for your home financial plan.

Advantages of an early payoff, says Alan D. Kahn, a financial planner in Syosset, N.Y.:

• Less debt means more money to spend later.
• It feels darn good to own your house outright as soon as possible.
• Minimal tax loss. Toward the tail end of the life of a loan most of your payment goes to the principal, not the interest, so you’re getting only a small tax break anyway.

Of course, if you’re still saving for retirement, put the 100 bucks elsewhere:

• A retirement plan
• An account for the inevitable home repairs
• An account for discretionary improvements, which can raise your home’s value

Insurance: Protect your property

Your vegetable garden is pointless without a fence to keep out rabbits; likewise, your home financial plan will come to nothing without an insurance “fence”:

Homeowner’s insurance. Basic coverage for your home and everything in it. The average cost is $636 per year but this varies widely by state.

Liability coverage. Protects you from a lawsuit if someone gets hurt on your property, for example. Your best bet: An umbrella policy. For about $300 a year you can by a typical $1 million policy.

Various disaster insurance policies. Optional policies cover flood, earthquake, and hurricane damage. As part of your home financial plan, you have to research to see what disaster coverage, if any, you need in your area, and what your standard policy already covers. For $540 a year you can buy flood insurance, for example.

Don’t under- or overbuy insurance

For your basic policy, get homeowners insurance with full replacement coverage in case your house burns to the ground.

That sounds simple, but heads up on calculation. Remember that you own a house as well as the land on which it sits. So even though you bought your home for $300,000, it may cost only $100,000 to rebuild it. Your policy limits should reflect this. This difference will vary widely by region.

Another heads up: Don’t make the common and potentially disastrous mistake of thinking that because your home has fallen in value you need less insurance. If you bought a $1.2 million townhouse in Florida during the boom, it’s true it now may only sell for $600,000. But the replacement cost of the townhouse hasn’t changed much, so you can’t improve your home financial plan by cutting insurance costs that way.

Other ways to cut your insurance budget:
• If you make structural improvements, such as adding storm shutters, your insurer may give you a break.
• If you belong to certain groups, such as AARP or veterans’ organizations, your premiums may be lower.
Repairs and renovations: By choice or necessity

You own a home, so you’ll be spending money on everything from a new faucet to — surprise! — a new roof. Freddie Mac and other authorities say as part of your home financial plan, you should be prepared to spend 1% to 3% of the market value of the home annually on maintenance. To be extra-prudent, open a savings account and make regular payments until your account reaches 1% to 3% of your home’s current value.

To help you budget:

Start with the inspection report you received when you bought the house. Did the inspector indicate that you would need a new roof in five years? A new furnace in 10?

Keep a log of your major appliances’ age so you can estimate when they’ll need replacing. Some estimated life spans:

• Roof: 20-25 years
• Heating systems: 15-20 years
• Range/ovens: 11-15 years
• Water heaters: 8-13 years

Then get estimates on what replacements will cost and start saving.

Consider ongoing non-emergency maintenance, too. Do you live in New England? Price a snow blower and get bids from plow services.

Resist the siren call of the home equity loan to take care of everything. That just defeats your efforts to pay off the mortgage early.

Separate out what you want from what you need. Does it make more sense to do a $50,000 to $60,000 kitchen remodel, which recoups about 69%, or a minor remodel, which recoups about 75%, according to Remodeling magazine’s 2013 Cost vs. Value Report?

If you can afford to redo, go for it. Just don’t confuse your necessary repairs (new oil furnace — about $4,000) with your discretionary upgrades (Viking range — $6,000 and up).

Taxes: (Almost) no way around them

Even if your lender handles your property taxes from an escrow account, you need to budget for them in your home financial plan. They creep up almost every year, it seems. Take responsibility for tracking the changes in your area: Look over past tax bills to get a sense of how quickly they’ve risen in the past.

Or if your lender handles escrow and you haven’t saved your bills, ask for an accounting. The median annual property tax payment is $1,812, but that hides the enormous range in medians from state to state.
You can generally deduct property taxes on your federal return. A tax pro can tell you how much of a tax break you’ll get, to help you fine tune your home financial plan.

You may be able to reduce your tax burden by getting a reassessment. Do your homework first: Are comparable houses taxed less than yours? Ask the local assessor what formula is used to set tax rates. You can challenge the assessed value and get yourself a rollback.

If you’re in a special group, you might get some help from state or local programs. Check around to see what’s available in your area. New York State, for example, has its Star Program for giving senior citizens some relief from school-related property taxes.

Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
www.KatieJonesHomes.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC Real Estate, Hubert, NC Real Estate, Jacksonville, NC Real Estate,  Jacksonville, NC COUNTY Real Estate, Maple Hill, NC Real Estate, Maysville, NC Real Estate, Midway Park, NC Real Estate, North Topsail Beach, NC Real Estate, Richlands, NC Real Estate, Sneads Ferry, NC Real Estate, Surf City, NC Real Estate, Swansboro, NC Real Estate

New Construction Homes in Peytons Ridge Hubert NC

How to Sell Your Jacksonville, NC Home Quickly

Katie Jones - Coldwell Banker - Jacksonville, NC (8)If you are putting your home on the market, you can get it to sell sooner or later, depending on how you market it. Here are some tips to help you sell your house as soon as possible.

Make it Different From Your Neighbours

You can make your house stand out from your neighbour’s houses by adding certain unique elements. You can upgrade the windows to make them look different and unique. You could even renovate the house and add a balcony or an extra room to provide potential sellers with more value for their money. However, do your research before you renovate. Research shows that certain additions do not pay off. These include new bathrooms and sunrooms. However, improvement can really help you in selling your house especially in a down market.

Clean Your House

Before you show your house to any potential buyers, clean up your home and make it look presentable. You might also want to remove some furniture to make certain rooms look bigger. Another important tip is to remove any personal items from your house. Remove personal items and family photographs to make the house look more neutral and more inviting to other people.

Make a Deal

In this market, buyers are looking for deals wherever they can get some. You could offer to pay all the closing costs or you could even offer to close the sale very quickly. Many buyers are motivated to close sales quickly and if you could do this within 30 to 60 days, you might see many more buyers coming your way. Try to keep the deal as part of your contract so that buyers will be motivated to buy your property compared to other properties.

Judging by the Cover

When it comes to buying property, the first thing buyers notice is the exterior of the property. You need to make sure your house gels well with the neighbourhood. Get the walls of your house a fresh coat of paint from the outside and keep any gardens or balconies in good condition. The first glance can often set your home apart from other not so well-maintained homes.

Fix It Up

Make sure all the appliances, electrical sockets, fans, lights and plumbing are in working condition. Buyers are not looking to move into a home if they have to wait before everything starts working properly, neither do they wish to spend money fixing it up.

Price

Most importantly, you should ensure that your house is priced properly. You can consult a real estate professional to help you decide an appropriate price for your property.

Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
www.KatieJonesHomes.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC Real Estate, Hubert, NC Real Estate, Jacksonville, NC Real Estate,  Jacksonville, NC COUNTY Real Estate, Maple Hill, NC Real Estate, Maysville, NC Real Estate, Midway Park, NC Real Estate, North Topsail Beach, NC Real Estate, Richlands, NC Real Estate, Sneads Ferry, NC Real Estate, Surf City, NC Real Estate, Swansboro, NC Real Estate

New Construction Homes in Peytons Ridge Hubert NC

First-Time Home Buyers’ Current Options in Real Estate

Search for real estate in Jacksonville, NCIf you are a first-time home buyer who has been looking for the perfect opportunity to buy a new home, then the time is now. The current real estate market is perfect for everything from buying a new home to investing in the real estate market, which is why first-time home buyers and investors have been going head to head and competing for the best real estate on the market.

Why, exactly, is now a great time for first time home buyers to purchase a new home? From incredible deals on foreclosure and short sales to low interest rates and a projection for rising home prices in the future, now is the perfect real estate market for first-time home buyers.

Short Sales and Bank-Owned Homes

If you are a first-time home buyer looking to buy a new home in the current real estate market then you are more than likely looking for the best deals possible. Fortunately, with the number of foreclosures and short sales on the market, you can find discounted properties that are well below market value, which essentially allows for a lower monthly mortgage payment.

In fact, with the tax break on short sales that allows struggling homeowners to avoid paying federal taxes on their unpaid mortgages set to expire at the end of the year, there are a ton of short sale properties currently on the market. Therefore, if you are in the market to buy your first home then start looking today, especially if you are interested in short sales and other distressed properties.

Plus, with mortgage rates still remaining incredibly low, there is nothing better than for a first-time home buyer to be able to purchase a home below market value and secure an incredibly low mortgage rate. This is the perfect recipe for a low monthly mortgage payment.

Rising Home Prices

Some people may be wondering “Why now?” The simple answer to that question essentially revolves around one thing: home prices. Home prices have already started to rise as the real estate market makes progress toward recovery; however, predictions for 2013 include home prices continuing to increase as the real estate market strengthens. Therefore, if you are looking to buy a new home for a discounted price, then do so now before home prices rise.

In conclusion, with the high number of distressed properties (including short sales and foreclosures) still on the market and low home prices (coupled with low mortgage rates), now is the perfect time for first-time home buyers to obtain a new home for well below market value and secure a lower mortgage payment. So, if you are a first time home buyer, start your search for your dream home today!

Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
www.KatieJonesHomes.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC Real Estate, Hubert, NC Real Estate, Jacksonville, NC Real Estate,  Jacksonville, NC COUNTY Real Estate, Maple Hill, NC Real Estate, Maysville, NC Real Estate, Midway Park, NC Real Estate, North Topsail Beach, NC Real Estate, Richlands, NC Real Estate, Sneads Ferry, NC Real Estate, Surf City, NC Real Estate, Swansboro, NC Real Estate

New Construction Homes in Peytons Ridge Hubert NC

Differences Between a Jacksonville, NC Townhome and a Condominium

Search for real estate in Jacksonville, NCYou may be planning to purchase a home of your own soon? Have you decided what type of house you will be purchasing? Though it doesn’t seem like it, there are actually multiple housing choices you can select from and invest in. Having knowledge of each viable option will allow you to make the most educated decision possible. Since this is arguably the largest investment you can make throughout your lifetime, making sure you get the right home for your needs and desires are of chief concern.

Two commonly mixed up home options are condos and town houses. A layman is certainly in for a great shock and confusion when faced with these two structures. For this very reason, knowing the differences between them as well as their legal implications is highly critical for anyone wishing to purchase their dream home.

So, what is a town house? Town houses, also known as town homes, are terraced or row units that share the same walls. Each and every unit features identical size and shape. Town houses are considered single family settlements thus each unit features their own entrance and exit point. Buying a town house means you’re buying a part of a long chain of identical properties.

On the other hand, a condominium unit is a property that makes up a portion of a larger structure. These structures are treated as a form of housing tenure, which means that ownership is shared with other residents of the building. Along with the living space, a condo owner also gets access to the amenities owned and managed by the building, such as parking space, lounge, reception area, swimming pool, gym, and so on. Nonetheless, ownership of these provided facilities remain to the building owner.

A notable difference between the two options is the ownership policies. When an individual buys a condo unit, he/she becomes the legitimate owner of everything that is encompassed by the interior walls of the structure. It means that amenities and functions they want to use, such as the swimming pool and gym, will be charged with a cost, which have to be paid to the condominium association. Meanwhile, a town house owner assumes ownership of both the interior and exterior space of the structure. If a person buys a town house, he/she is required to pay for the outdoor areas including the garden, driveway, lawn, deck, patio and basically everything that is covered by the housing structure. However, the owner does not need to pay every time they want to use the amenities since they already paid for it when they bought a unit in the town home.

Another noteworthy difference is associated with property tax payments. In addition to paying maintenance and usage fees to the condominium association, a unit owner must also pay for taxes of his/her respective unit. But for town house owners, property taxes are implemented for both the main unit and the ground area surrounding it.

Katie Jones
Broker/REALTOR®
Top Jacksonville, NC Real Estate Agent
Coldwell Banker
Direct 910.650.9598
Email Katie.Jones01@yahoo.com
ForSaleJacksonvilleNC.com

Jacksonville, NC real estate areas I specialize in: Holly Ridge, NC, Hubert, NC, Jacksonville, NC CITY limits, Jacksonville, NC COUNTY, Maple Hill, NC, Maysville, NC, Midway Park, NC, North Topsail Beach, NC,Richlands, NC, Sneads Ferry, NC, Surf City, NC, Swansboro, NC

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