Wilmington NC Real Estate

Awesome Townhome with Soaring Ceiling | Wilmington NC real estate

Kay Baker — Thu, 25 Feb 2010 19:11:00 GMT

Wilmington NC real estate | Beasley Place...(read more)

The Townes at Carleton Place | Wilmington NC real estate BUILDER TO MATCH $8,000 STIMULUS!

Kay Baker — Wed, 24 Feb 2010 17:20:00 GMT

New One Level Townhomes

• 1,401 sq. ft., 2 bath, 3 bdrm single story - MLS® $219,900 - BUILDER INCENTIVES

The Townes at Carleton Place, Wilmington - BUILDER TO MATCH $8,000 STIMULUS INCENTIVE
READY NOW! New one level brick townhomes with garages. 4 contemporary plans to choose from. Many upgraded standard features such as granite, hardwood floors, ceramic tile, skylights, vaulted ceilings, private fenced courtyard. Neighborhood pool and clubhouse Model is open Saturday and Sunday from 1-4 pm.THIS WEEKEND 2/27 & 2/28 or by appointment ~ #236, Photos of Model - The Monica. CALL DONNA JOHNSON 910-200-5567 OR donnajohnson@seacoastrealty.com

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New Listing Wilmington NC real estate | 7120 Key Point in Key Colony at Covil Estates

Kay Baker — Tue, 23 Feb 2010 19:45:00 GMT

Key Colony at Covil Estates, Wilmington - New Listing on on 7120 Key Point, a 1,857 sq. ft., 3 bath, 3 bdrm single story. Now MLS® $289,500 - Perfect!. TEXT 32623 TO 44133 FOR MOBILE VIRTUAL TOUR

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Open House Saturday February 1-4 pm Wilmington NC real estate

Kay Baker — Wed, 10 Feb 2010 19:48:00 GMT

February 2010 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 2 3 4 5 6 7 8 9 10 11 12 13 Stratford Place, Wilmington - We invite everyone to visit our open house at 3112 Glastonbury Court on February...(read more)

Price Reduced on 6808 Hardscrabble Court in Windward Oaks | Wilmington NC real estate

Kay Baker — Thu, 04 Feb 2010 16:42:00 GMT

Windward Oaks, Wilmington NC Real Estate - Announcing a price reduction on 6808 Hardscrabble Court, a 3,624 sq. ft., 4 bath, 4 bdrm 2 story. Now MLS® $699,000 - Absolutely a GEM!.

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Please visit www.WindwardOaks.com for more information or TEXT 14056 TO 44133 FOR MOBILE VIRTUAL TOUR

Search all Wilmington NC real estate on www.cbbaker.com | Virtual tours, Maps, and more.

View all the latest Wilmington NC information on www.WilmingtonNCrealestateGuide.com

Don't miss out on your $8,000 or $6,500 Stimulus Package for 2010.

New Listing | Wilmington NC real estate | 7216 Vespar Court in Jacobs Ridge

Kay Baker — Mon, 01 Feb 2010 20:27:00 GMT

Jacobs Ridge, Wilmington - Announcing a new listing on 7216 Vespar Court, Jacobs Ridge, a 1,319 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $178,900 - Great price.

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Click Photo for video tour.

Please visit www.searchwilmingtonhouses.com for more information

Visit www.cbbaker.com for all your Wilmington NC real estate needs.

Email me anytime at kaybaker@ec.rr.com.

View my blog at www.wilmingtonncrealestateguide.com

Price Reduced on 6425 Shinnwood Rd in Shinnwood Estates

Kay Baker — Thu, 08 Oct 2009 16:25:00 GMT

Shinnwood Estates, Wilmington - Announcing a price reduction on 6425 Shinnwood Rd, a 2,900 sq. ft., 3 bath, 4 bdrm single story. Now MLS® $499,900 - .

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Wilmington NC real estate | Get your $8,000 Tax Credit Now.

Kay Baker — Tue, 22 Sep 2009 16:00:00 GMT

First-Time Home Buyer Tax Credit For Wilmington NC real estate Buyers

A tax credit of up to $8,000 is available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before November 30, 2009. Time is running out and the market is great. Don't miss your opportunity.

Sounds too good to be true? Learn how you can take advantage of this $8,000 tax credit to buy the home of your dreams.

Contact a First-Time Home Buyer Specialist for help with purchasing your first home. Call (910) 202-3607 or email me at kaybaker@seacoastrealty.com. I am here to GUIDE you in making the right choices with "Professional Guidance from Contract to Closing"!

Let me show you how renting and waiting will cost you $$$!

Become a First Time Homebuyer by December 2009!

8316 Bald Eagle Lane in Porters Neck Plantation is Sold!

Kay Baker — Mon, 08 Jun 2009 21:39:00 GMT

Porters Neck Plantation, Wilmington - The 2 story at 8316 Bald Eagle Lane has been sold.

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Top Ten Ways to Get The Best Home Buy - Wilmington NC real estate

Kay Baker — Thu, 04 Jun 2009 21:00:00 GMT

Do your homework, look at reputable lenders, sell your current home, decide on your neighborhood and hire Kay Baker to be your selling & buyers agent....(read more)

Search Wilmington NC Real Estate from Your Phone

Kay Baker — Tue, 19 May 2009 18:25:00 GMT

Text messaging is the way to go

Mobile Virtual tours are now being offered to view real estate in Wilmington, NC. In this age of technology, buyers want immediate information. Being the innovative Realtor that I try to be, I am always seeking the competitive edge. Home buyers in Wilmington, NC can now receive virtual tours even while they may be just riding by the home. Buyers can simply text 44133 and enter the code for each individual home that is displayed on the for sale sign and in print ads. Or Search the Wilmington MLS from your phone, just Text 14059 to 44133. If you are riding by a home and would like to know the price you can get it right away. Text messaging is the preferred communication these days, especially with 25-44 year olds. Goomzee text messaging allows Realtors to capture qualified leads and then arrange for an appt, open house, price reduction or send information about a new listing in the neighborhood. Read more here

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Short Sale is the Better Way

Kay Baker — Tue, 02 Dec 2008 20:19:00 GMT

What is a Short Sale

A short sale is when the bank is willing to accept less than the actual payoff on the loan. Why would a mortgage company do that? A foreclosure is a lose, lose situation for the mortgage company as they lose revenue, the mortgage insurance company loses premiums and pays a claim, the investor is not collecting principal or interest, there is potential damage to the property and lower property values have a negative effect on the real estate market. But, the homeowner has the most to lose with foreclosure on your credit record for up to 7 years which can be viewed negatively by lenders, employers, and insurance companies.

Short Sale is a Win Win

Therefore, a short sale can actually be a win, win for everyone. The mortgage company reduces their losses, the mortgage insurer minimizes claim payment, and additional damage to the property is avoided during a foreclosure. The real estate market does not experience as much negative stigma, therefore property values do not go lower. And, the homeowner can successfully sell their home and not have a foreclosure on record.

How is all this accomplished?

First of all, any homeowner who is experiencing difficulty in making the monthly payments should call a reputable Realtor experienced in negotiating short sales. There is an art to it, to say the least. The Realtor will discuss the current market value and the amount necessary to payoff your mortgage. The most important action should be to actively list the home on the market for sale. If the homeowner owes more than the current market value, the experienced Realtor will contact the lender’s loss mitigation department and assist the homeowner will all the documentation necessary to facilitate a short sale. One of the most important documents being the hardship letter, which can make or break the deal. Other documents would include 2 years tax returns, 2 months pay stubs, 2 months bank statements, and the most current mortgage statement. One very important factor that most lenders do not tell you, is that the homeowner is liable for any deficiency in the short sale. But, a Realtor experienced in negotiating short sales can often times negotiate with the lender for the deficiency judgment and 1099 to be waived, reduced or ask for an interest free promissory note. Lastly, to all homeowners it is never too late or too early. The most important asset you have is your home. Please give us a call to get your home on the market for sale and avoid foreclosure. And, you may know of someone in that situation, tell them to contact us immediately at kay@cbbaker.com. For investors, a short sale can be a wonderful buying opportunity. We can provide you with a list of short sales and or foreclosures in Wilmington, NC. Just email me a kay@cbbaker.com. Kay Baker, a life long Top Realtor in Wilmington, NC brings local knowledge and experience to her valued clients. With her decades of experience in the Wilmington, NC real estate market, she can greatly benefit her buyer clients in choosing the perfect Wilmington NC neighborhood, in the negotiation process, obtain the best financing, obtain a home inspection and negotiate the repairs, and assist with the final closing preparations. Her sellers can also reap the rewards of a successful and aggressive Realtor that is always eager to sell their home at a record pace and for the most money possible. Kay has a long track record of selling homes quickly and exposes her listings on over 100 websites. Kay has earned numerous awards for her outstanding production over the years including the prestigious Coldwell Banker President’s Elite Club. Kay Baker may be contacted at kay@cbbaker.com or www.cbbaker.com.

Single Story For Sale in Greenway Village

Kay Baker — Mon, 01 Dec 2008 09:40:00 GMT

• 1,350 sq. ft., 2 bath, 3 bdrm single story - MLS® $145,000

Greenway Village, Wilmington - Great buy in Greenway Village. 3 bedrooms and 2.5 baths. First floor master with walk-in closet. Both baths have dual vanaties. Walk-in attic. New HVAC. Centrally located to UNCW, CFCC, beaches, and shopping.

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Don't Let a Bad Lender or Attorney Ruin Your Real Estate Closing

Kay Baker — Sat, 15 Nov 2008 20:46:00 GMT

As a long time local Realtor, I have seen many closings get postponed or never closed due to the fault of a lender or an attorney. Many times a purchaser will get to the day of closing and the lender will then start asking for additional documentation. These documents should have been requested 2 to 3 weeks prior to closing. I have often put these buyers in touch with a reputable lender that could get the loan documented and closed in a matter of days. Remember, a good buyer’s agent will put you in contact with lenders that can usually get the job done quickly.

And, the same goes for attorneys. Realtors normally work closely with real estate attorneys on a daily basis. I recently had a situation where the buyer wanted to use a mutual friend for the loan closing. That particular attorney did loan closings among court cases and so on. On the day of the closing, we were advised that the attorney had to go out of town and there was no one at the office to record the documents. That meant that the closing would not take place until Monday….after a long weekend. If only the buyer had chosen a Real Estate Attorney, we would not have had this issue.

Remember, real estate transactions require the work of many people to make the transaction go smoothly. A good Realtor will guide you through the process and many times save the day.

Kay Baker, a life long Top Realtor in Wilmington, NC brings local knowledge and experience to her valued clients. With her decades of experience in the Wilmington, NC real estate market, she can greatly benefit her buyer clients in choosing the perfect Wilmington NC neighborhood, in the negotiation process, obtain the best financing, obtain a home inspection and negotiate the repairs, and assist with the final closing preparations. Her sellers can also reap the rewards of a successful and aggressive Realtor that is always eager to sell their home at a record pace and for the most money possible. Kay has a long track record of selling homes quickly and exposes her listings on over 100 websites.

Kay has earned numerous awards for her outstanding production over the years including the prestigious Coldwell Banker President’s Elite Club.

Kay Baker may be contacted at kay@cbbaker.com or www.cbbaker.com.

Top Ten Ways to Get the Best Home Buy

Kay Baker — Thu, 13 Nov 2008 00:44:00 GMT

1) Get pre-approved by a reputable lender- Be sure you have a pre-approval letter in hand and present it with your offer to assure your strongest bargaining position.

2)   Sell your present home first- Contingency offers are not at all appealing to most sellers. The seller has to typically wait until your house sells before he gets his money. Therefore, the seller is not willing to negotiate with you. So, either wait for your home to sell or get preapproved for a bridge loan in the event your home does not sell. Chances are pretty good that you may sell your present home before your closing on the new home.
3)   Hire a top notch buyer’s agent- You need a knowledgeable Realtor with local expertise in the market place. You Realtor will work on your behalf and negotiate the best price and terms for you. In addition, your expert Realtor will assist with the home inspection, appraisal, and closing details.
4)   Decide where you want to live- Remember the old saying “location, location, location, well it still remains high on the home buying list. You really need to study the neighborhoods, schools, proximity to work etc before making the final decision on your favorite neighborhood. Again, your buyer’s agent is a valuable asset in gathering information for you.
5)    Search for homes online. There are many websites now that potential home buyers can search all homes on the market by price, neighborhood, schools, zip code, and maps. If you do your own preliminary searching it will save you a lot of time. You can actually ride by the homes that you like and take a look at the neighborhood to see if that is really where you would like to live.
6)   Look at vacant and distressed Properties- Vacant properties often signal a motivated seller. The seller has probably moved out of town and often times is carrying two mortgages. Often properties that are in need of repair are overlooked because most buyers can not appreciate the potential. Maybe all it needs is a little paint and carpet. We call these properties a “diamond in the rough”.
7)   Foreclosures and short sales- Have your buyer’s agent research all the foreclosures and short sales in your price range and location desired. Again, these can sometimes be bargain priced. Typically, they are bank owned and these days banks are pretty motivated to get them off the books.
8)   Do your research-Ask your buyer’s agent for detailed information on the properties that you are interested in. You want to request a history on each property to see how long they have been on the market, price reductions, sold data, tax data, survey, and covenants and restrictions for the neighborhood. And be sure to get sold information for all properties in each neighborhood that you have interest in.
9)   Don’t make your first offer the best one- Leave yourself some negotiating room in the event the seller counters your offer, which is typically what takes place. Determine the maximum amount that you are willing to pay to calculate your first offer. Again, your Realtor can advise you.
10)   Meet the Sellers closing date- Many sellers have various personal reasons for a particular closing date and if you are willing to work with them, you may get a better price.

Kay Baker, a life long Top Realtor in Wilmington, NC brings local knowledge and experience to her valued clients. With her decades of experience in the Wilmington, NC real estate market, she can greatly benefit her buyer clients in choosing the perfect Wilmington NC neighborhood, in the negotiation process, obtain the best financing, obtain a home inspection and negotiate the repairs, and assist with the final closing preparations.

Kay Baker may be contacted at kaybaker at seacoastrealty.com or www.cbbaker.com.

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