Friday, November 28, 2014

Williams Farm- Exclusive Living in Jacksonville, NC!

Welcome to the exclusive community of Williams Farm in Jacksonville, NC!  This community offers custom built homes that are sure to please with the finest amenities such as gourmet kitchens, home theaters, in ground swimming pools and more!




Homes in this neighborhood have been designed for the utmost grandeur and southern living.  The professional landscaping throughout the community perfectly compliments the architecture that defines Williams Farm.  I was showing homes to some lovely buyers this week from Virginia and they absolutely fell in love with the atmosphere and design of the neighborhood.  They complimented how clean and neat everything is and really liked how spaced out the homes are.
 They specifically wanted to find a home with at least 4,000 heated square feet, 5 bedrooms, large master bathroom, lots of garage space and kitchen to entertain.  We were lucky enough to find several homes that fit this bill and they found the perfect home, with the best spot for their Christmas tree!   




Residents enjoy the convenience of living in Jacksonville and short commutes, as well as privacy and open spaces.  The gated community offers homesites as big as two acres!  Horse lovers are welcome to the stables included in the home owners association.  
Homebuyers interested in building their own custom estate in Williams Farm have several homesites to choose from.  Make your dreams become a reality by designing your own home and enjoy the luxurious living Williams Farm has to offer.  For your personal tour of Williams Farm in Jacksonville, NC, give me a call!  910.545.0450 I'd love to show you around and find the perfect home for you in this exclusive neighborhood!

Monday, November 24, 2014

"We're closing on our house next week, let's go shopping!"

Congratulations!  You're closing on your new house!  But you haven't "closed" yet, so please, for the love of all that's neat and orderly in the world, DO NOT go shopping!

Here's why!
buying a house jacksonville nc•If you've financed your home purchase, your lender is going to do a double check of your credit before closing.  You DO NOT want to make them redo anything, or make them mad! 
•If you're not financing your home purchase, and paying cash, the funds need to be verified before closing and any large transactions will look a little strange.  

For instance, if there is a washer/dryer set on sale, and you just have to have it!  Please wait.  That could be several hundred dollars (maybe even thousands....) that could make or break the transaction.

Here's what will happen.  If you finance the washer/dryer (say, using a Lowe's credit card,) that automatically creates more debt and changes your debt to income ratio, which can affect your interest rate, and quite possibly make your lender crazy.  They'll have to redo everything.  Is the new washer/dryer important enough to delay the closing, and sign more paperwork?  
Many lenders will require a certain amount of money "in reserves" when you're purchasing.  After all, you're asking them for hundreds of thousands of dollars, right?  They want to make sure you have at least the first mortgage payment in your bank account before they give you the money!  So if you pay cash for this washer/dryer, it could affect the amount of "assets" or "cash in reserve" that you have to bring to the closing table.

closing on our houseAdditionally, don't expect to be able to paint, make repairs or changes, or move in furniture prior to closing.  Sometimes sellers will allow this under the right circumstances and it can be negotiated.  But standard practice is, whoever owns the house gets to make those decisions.  Turn the tables and look at it differently.  Would you allow someone to come in and paint your house, or replace your flooring, or move their stuff in, before you've officially sold it to them?  Probably not.  Better safe than sorry!

So the moral of the story is, please, please, wait until you've closed on your house until you go shopping, make changes or move in to your new home!  For a complete list of homes for sale in the Jacksonville, Richlands, Sneads Ferry, or Hubert areas of North Carolina, click here!  If you or anyone you know would like to chat about purchasing or selling a home, give me a call!  910.545.0450.  I'd love to help, and can explain more about why you should wait until after you've closed and where you can find the best deals to go shopping!!

Thursday, November 20, 2014

TOP 5 Reasons Your Home Expired On The Market

This top 5 list will hopefully help those sellers out there whose home has expired on the market.  An "expired listing" is a home whose listing agreement has come to an end and the home is no longer being marketed for sale.

1.  Overpriced?
Sad, but true.  80% of marketing is pricing effectively.  Market price doesn't have any correlation to how much a person actually paid for their house a few years ago.  Ideally, market values go up and homeowners enjoy increased equity, sometimes though, that's just not the case!  Buying and Selling houses is the same as any other market.  For instance, if a gallon of milk cost 4.59 at Wal-Mart, and 2.39 at Food Lion, you'd probably buy your milk at Food Lion.  The same goes for pricing homes- you have to be priced in the market to be considered.

2.  Who was your REALTOR®?
sell my house jacksonville ncWas your REALTOR® market savvy?  Did they understand the market trends?  Were they internet savvy?  Use social media?  Most homebuyers (92%, according to National Association of REALTORS®) begin their home search online.  So internet presence is a big deal!

3.  Competition?
What was your competition?  What was the speed of the market?  Did your REALTOR® share an absorption report with you?  An absorption report is a great tool to determine the level of competition and the tempo of the market.  This is helpful so that you know how to price your home and when to put it on the market.

4.  Showings
How available was your home for showings?  Did you decline or try to reschedule showings?  When a showing is declined or rescheduled, it almost never works out in the sellers' favor.  How did your home look when it was shown?  Was it clean, neat, decluttered and easy to show?  That's a key to selling your house.

5.  Feedback
From the showings you had, what was the feedback?  Did your REALTOR® discuss the feedback with you and suggest improvements to make it more appealing?  Or, did they negotiate with the buyer's agent to change the home to increase the chance of an offer?

It may be some, or all of these factors.  And sometimes, even the best homes don't sell the first time they're on the market.  I specialize in getting homes sold when they didn't sell before.  If you'd like a free consultation, click here, or give me a call!  910.545.0450.

I'd be happy to discuss with you how to sell your home and help you get a plan in place to get it SOLD.  Don't let your home be victim to any of these top 5 and become expired.  Let's get it SOLD.

Friday, November 14, 2014

What Sellers in Jacksonville, NC NEED to Know!

The current market conditions in Jacksonville, NC have fluctuated from what they have been, leaving sellers with a big question mark over their head.  This is a list of what sellers need to know!

1. Your Goal
First, figure out what your goal is.  Do you want to break even?  Make money?  Just get out from under it?  Move up?  Move down?
Understanding this will help put things in perspective and from there we can develop a plan to meet your goal!
selling a home in jacksonville nc

2.  What the current market conditions are
In the past few years, new construction has dominated and saturated the market.  That's just not the case anymore, but it's easy to blame the way things are, on the way things have always been.  That's why you need a recent market analysis.  Sellers also need to see and understand the current market trends.
3.  What your competition is
Long gone are the days where you can base your selling price on what you paid for your house or what your neighbor sold their house for last month.  It might give you a ballpark, but it won't give you any clue as to what buyers are looking, or where.  Sellers need a report like this to help understand how much buyer activity has been in the area and in which price range.
4.  How long it will take
absorption rate jacksonville nc sellers need to know
To develop a realistic plan, sellers need to know what the absorption rate is.  "Absorption rate" is a fancy term that means how long it will take something to sell based on how quickly things have been selling.  I use this to help sellers understand how to price, how aggressive to be, and how much competition there is.
5.  The process
No one is born with the knowledge of buying or selling a house.  That's why I'm here.  Sellers need to know the process from beginning to end with updated communication and conditions so that they can make the most informed decisions to get their house sold.

As a seller, what else do you think you need to know to sell your home in the Jacksonville, NC area?  Want an updated market analysis to understand how it effects your home's value?  Click here!  I love a good reason to get out and meet more sellers in the area and help them understand the current market in Jacksonville, NC.