Condo – Sea Trail/Sunset Beach
June 29, 2011 by gary
Filed under Real Estate
By Martha Pope – If I can help answer any questions, furnish further information or assist in any way please contact me: martha@pope-realestate.com.
As a Realtor/Broker and an Accredited Buyer Representative I can you with any and all properties listed through our local Multiple Listing Service.
SunsetNC.com
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All About Foreclosures
November 7, 2010 by gary
Filed under Real Estate
You can purchase property at a great discount through a Bank Owned or REO Foreclosure. When a foreclosing lender takes a property back it passes the property on to its REO (Real Estate Owned) department which arranges to sell the property.
Buying a bank owned property can be a complex purchase but an Accredited Real Estate Buyer’s Agent can put their years of experience to work to help you navigate the process and to negotiate the best bargain you can – keeping your financial circumstances and the worth of the property in mind.
Here are some of the advantages and disadvantages of purchasing a REO/Bank Owned property:
Some Advantages
- You can take your time deciding as there is no mandatory fixed time limit as there is in an auction.
- You will have an opportunity to really get a good look at the property to ascertain its condition and what repairs and maintenance may need to be done.
- The bank makes the arrangements to evict the former owners so there is no inconvenience or awkwardness for the buyer.
- Liens on the property aren’t a factor because the bank itself takes care of that.
Some Disadvantages
- A Bank/REO Owned property may be more expensive to purchase than one that is acquired during the pre-foreclosure phase. Even though the property is unsold, it is still unlikely that a bank will sell it at rock bottom prices. Sometimes the price fixed by the bank is more than the market value of the property. Your Accredited Real Estate Buyer’s Agent can best advise you on the property’s value as an opportunity.
- In many cases a bank will want to dispose off the property in an as-is condition. To protect yourself from having any nasty surprises your a good Accredited Real Estate Buyer’s Agent will put in an ‘inspection contingency’ condition. This is to give you the right to inspect the property and rescind your offer if the property is fails to measure up to.
- Banks are not required to issue a Property Condition Disclosure Statement. However, if a qualified, Accredited Real Estate Buyer’s Agent is involved, he/she will provide a Property Condition Disclosure Statement to you.
In purchasing a Bank Owned/REO property you will have to make your offer to the bank. Even though the auction was not successful the bank is still going to attempt to get the best price they can. When you make an offer, the bank will counter your offer with one that is generally higher than your offer. You will want to settle on a maximum price you are willing to offer and then make a final offer. Thereafter it will be put submitted for the bank’s approval after which a decision will be taken.
Purchasing an REO or bank owned property can be a complex purchase. As an Accredited Real Estate Buyer’s Agent I put my years of experience to work to help you navigate the process for a beneficial outcome. I can help you to negotiate the best bargain you can keeping your financial circumstances and the worth of the property in mind.
My website http://pope-realestate.com contains current, frequently updated listings of all foreclosures in Brunswick County (homes & land) as well as Wilmington, NC, Wrightsville Beach, NC and Carolina Beach, NC
For more information on these or any other foreclosures please contact Martha Pope:
email: martha@pope-realestate.com
phone: 910.619.7673
CoastalNC.com
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Calabash Area 2 Bdrm/2 Bth
November 6, 2010 by gary
Filed under Real Estate
1470 Hickman Rd NW Calabash, NC 28467-1713
Listing Price: $179,900
Directions South on 17 past Brunswick Plantation, veer right on Hickman Rd, go 3.2 miles and house on right (#1470 on mailbox)with sign. Last house on right just before Indigo Farms.
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| Property Type | Single Family | Property Subtype | Site Built | ||
| Area | Calabash | Subdivision | None | ||
| Beds | 2 | Approx Htd SF | 1701 | ||
| Baths(FH) | 2 (2 0) | ||||
| Year Built | 1967 | ||||
| PID | 2240000611 | ||||
| DOM/CDOM | 1/1 | Lot Acres (approx) | |||
An incredibly charming home! At one time it was the living quarters of the authentic Causeway Motel at OIB and was moved to the country and COMPLETELY remodeled and refurbished-SO tastefully. Beautiful original hardwood floors and partial cypress panelling but everything else is brand new and all to code. Gorgeous large kitchen w/ stainless appliances, window seat, and tin ceilings and brand new bathrooms, new roof, new heating and air, new insulation – everything NEW. Located on almost 1/2 acre just about across from Crow Creek Golf Course and has a huge deck in the back with complete privacy. Brand new garage built on – this is country living at its finest with easy access to everything!
| Presented By: | Martha Pope | Pope Real Estate | ||||||||||||||||||
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| May 2010 | Web Page: http://pope-realestate.com | www.pope-realestate.com |
This beautiful oceanfront home is situated on a 0.373 acre lot. Its a great rental!
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As an Accredited Buyer Representative I can furnish information and represent you with regard to any properties in the Multiple Listing Service.
For more information on this or any other property anywhere in the area please contact me martha@pope-realestate.com.
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Featured Area Property
November 5, 2010 by gary
Filed under Real Estate
Oceanfront On Ocean Isle Beach! 249 W First St
One-half of duplex in premier oceanfront location on west part of beach. Extra wide and extra deep lot.
Completely renovated and beautifully appointed. This is your affordable way to own a gorgeous 4 BR/4 bath oceanfront home and share 50% of the expenses. Read more
Buying Real Estate At The Beach
October 25, 2010 by bruce
Filed under Real Estate
This beautiful coastal and golf area is and always has been an incredible and fun place to vacation and it is also a terrific environment in which to own property. Whether you envision a second home on the Island or at one of the area signature golf courses, the fun factor and the investment potential for you remains strong.
You might be amazed at the rental income one of these homes can generate while you get to vacation here also.
Some of you may have witnessed drops in your own home equity values or may be nervous because you have heard so much, for so long, about soft real estate markets – and you are understandably concerned.
While the market here has slowed it has held up much better than in some areas of the country. What this means is that as the economy improves nationwide the market in this area is apt to rebound much quicker. This could mean a great opportunity for those looking for a great investment.
Knowing the market where you plan to buy and determining the true value of any property under consideration (based on past sales and not necessarily the current asking price) will assure that you make the right decision and make your purchase at the right price.
Selling real estate at Ocean Isle Beach and this entire gorgeous area for the last almost 30 years has just been a wonderful life and I am truly grateful to have ended up here! If you are looking to invest in real estate in this area I would love to sit down with you and share my knowledge and expertise as an Accredited Buyer Representative of the National Association of Realtors with you.
We can discuss the boundaries of the market, locate the best property for you, purchase it at the best price possible, and finally help you put the correct financing in place by relentless comparison shopping!
By Martha Pope – Accredited Buyers Representative of the National 
Association of Realtors
At your leisure I invite you to visit my website at pope-realestate.com and click on the local MLS logo to check out what’s for sale currently. I welcome any questions or requests at any time!
CoastalNC.com
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Oceanfront 2 Bdrm Condo!
May 19, 2010 by gary
Filed under Real Estate
Oceanfront TWO BEDROOMS plus bunknook! Beautifully updated and furnished oceanfront condo make this a fabulous oceanfront rental and vacation home. It has private oceanfront deck, jacuzzi tub, decorative lighting and wet bar. New paint, new carpet, new tile, new stove in 2009 and new HVAC in 2008. Priced for immediate sale. This unit looks brand new. Listing Price: $259,900
Directions Cross OIB bridge-take roundabout to the left. Ocean Cove on right oceanfront past Salty’s and Breakers. 16 E First St SW #209 Ocean Isle Beach, NC
Terrific rental history: Gross rental over $19,000 in 2009 and going strong! This is a terrific purchase and the owner says she is in distress and under duress and wants any offer!
Click here to view photo gallery of this home!
Email: Martha Pope – Website: Pope-RealEstate.com
CoastalNC.com
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