2 Story For Sale in Rocky Mount
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• 1,320 sq. ft., 2 bath, 2 bdrm 2 story "Townhouse" - Rocky Mount, Nash County - Looking for your first home? Then start here in this 2BR/2BA townhome on a pleasant tree-lined street in quiet, established, well-kept neighborhood. You'll love the eat-in kitchen with easy-care vinyl flooring, deep-set windows, SS double sinks, ample warm wood cabinetry plus shelved pantry, and --all appliances stay! |
0 comments • David Recker • June 07 2009 09:01PMSingle Story For Sale in Westry Crossing
Flawlessly Maintained
• 1,330 sq. ft., 2 bath, 3 bdrm single story - 
MLS® $120,000 - In Your Price Range
Westry Crossing, Rocky Mount - See what pride of ownership means in this sparkling home in desirable Westry Crossing. This popular Asheville model was tastefully updated, featuring neutral earthtone colors, warm wood-laminate flooring in kitchen, dining room, living room, and hall, with stylish Frise carpeting in bedrooms, and plantation style blinds throughout, creating the perfect backdrop for your personalization. The kitchen with upgraded GE stainless steel appliances has ample cabinet space plus pantry and convenient laundry area; adjoining dining room features a beautiful bay window and access door to small covered porch near driveway. Master bedroom has large walk-in closet, and rear secondary bedroom has French door access to fenced level backyard with storage building. Tasteful landscaping completes the picture for a total package.
This home is better than new - perfect for those with impeccable taste.
0 comments • David Recker • June 05 2009 03:52PM• 1,358 sq. ft., 2 bath, 3 bdrm single story - $110,000 - Renter's Revenge 
Forest Oaks, Nash County - Move right in to this well-maintained home in an established, family-friendly neighborhood. Plenty of space here, with flowing floorplan in living areas; convenient eat-in kitchen with adjacent laundry/utility room and access to deck; formal dining room with warm wood flooring and bay window overlooking backyard; open living room with bay window, gaslog FP w/brick surround and hearth. Warm wood flooring, Berber carpet, tasteful decorator palette, combined with chair rail, crown molding make this a welcome respite from the stresses of the outside world.
Master bedroom has walk-in closet, with ceramic tile flooring and step-in seamless shower in master bath. Two nice size bedrooms, full hall/guest bath, two closets in foyer complete the layout. A nice touch is the attic fan to help with cooling in the warm months.The fenced back yard with mature trees provides an excellent atmosphere for spending time on your deck. An attractive wired workshop/storage shed provides additional storage as well as ample space for those weekend projects.
Lovingly maintained inside and out, this home has great curb appeal and is a great place to live at an attractive price, close to shopping, medical, US64 and I-95.
1 comment • David Recker • May 29 2009 04:01PMPrice Reduced on 155 Black Cloud Drive in Lake Royale
Lake Royale, Louisburg - Announcing a price reduction on 155 Black Cloud Drive, a 1,591 sq. ft., 2 bath, 2 bdrm single story. Now $165,000 - The Price You Want.
David C Recker, Associate Broker, Realtor ® licensed in North Carolina. Reach David at: 252-442-2687
Visit my website, www.NCRealEstateWeb.com, for more relevant information about the North Carolina Real Estate Market.
0 comments • David Recker • February 15 2009 03:55PMNash and Edgecombe County property values increased by 26 percent since 2001 say tax officials.
Property values in Nash County increased 22 percent while Edgecombe County values increased roughly 32 percent.
Tax officials in both counties are prepared for a surge of complaints. The official notices are schedule to be mailed on 1/16/2009.
David C Recker, Associate Broker, Realtor ® licensed in North Carolina. Reach David at: 252-442-2687
Copyright © 2009 By David C Recker, NC Real Estate Web Blog. All Rights Reserved.. *2009 Property Revaluation Released*
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0 comments • David Recker • January 07 2009 05:13PMMake sure you choose a REALTOR® who will provide top-notch service and meet your unique needs.
1. How long have you been in residential real estate sales? Is it your full-time job? While experience is no guarantee of skill, real estate - like many other professions - is mostly learned on the job.
2. How many homes did you and your real estate brokerage sell last year? By asking this question, you'll get a good idea of how much experience the practitioner has.
3. How many days did it take you to sell the average home? How did that compare to the overall market? The REALTOR® you interview should have these facts on hand, and be able to present market statistics from the local MLS to provide a comparison.
4. How close to the initial asking prices of the homes you sold were the final sale prices? This is one indication of how skilled the REALTOR® is at pricing homes and marketing to suitable buyers. Of course, other factors also may be at play, including an exceptionally hot or cool real estate market.
5. What types of specific marketing systems and approaches will you use to sell my home? You don't want someone who's going to put a For Sale sign in the yard and hope for the best. Look for someone who has aggressive and innovative approaches, and knows how to market your property competitively on the Internet. Buyers today want information fast, so it's important that your REALTOR® is responsive.
6. Will you represent me exclusively, or will you represent both the buyer and the seller in the transaction? While it's usually legal to represent both parties in a transaction, it's important to understand where the practitioner's obligations lie. Your REALTOR® should explain his or her agency relationship to you and describe the rights of each party.
7. Can you recommend service providers who can help me obtain a mortgage, make home repairs, and help with other things I need done? Because REALTORS® are immersed in the industry, they're wonderful resources as you seek lenders, home improvement companies, and other home service providers. Practitioners should generally recommend more than one provider and let you know if they have any special relationship with or receive compensation from any of the providers.
8. What's your business philosophy? While there's no right answer to this question, the response will help you assess what's important to the agent and determine how closely the agent's goals and business emphasis mesh with your own.
9. How will you keep me informed about the progress of my transaction? How frequently? Again, this is not a question with a correct answer, but how you judge the response will reflect your own desires. Do you want updates twice a week or do you prefer not to be bothered unless there's a hot prospect? Do you prefer phone, e-mail, or a personal visit?
10. Could you please give me the names and phone numbers of your three most recent clients? Ask recent clients if they would work with this REALTOR® again. Find out whether they were pleased with the communication style, follow-up, and work ethic of the REALTOR®.
David C Recker, Associate Broker, Realtor ® licensed in North Carolina. Reach David at: 252-442-2687
Copyright © 2009 By David C Recker, NC Real Estate Web Blog. All Rights Reserved.. *10 Questions To Ask Before You Hire Your Realtor*
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1 comment • David Recker • January 04 2009 10:50AMSpring Hope, Nash County - Announcing a price reduction on 207 Hopkins Avenue, a 1,902 sq. ft., 3 bath, 3 bdrm 2 story. Now $200,000 - Quiet Neighborhood.
David C Recker, Associate Broker, Realtor ® licensed in North Carolina. Reach David at: 252-442-2687
Copyright © 2009 By David C Recker, NC Real Estate Web Blog. All Rights Reserved.. *Price Reduction on 207 Hopkins Ave in Spring Hope, NC*
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2 comments • David Recker • January 03 2009 09:41AMOur local Real Estate Market has improved over the last few months. I'm not jumping for joy, yet, but we have seen an improvement none the less.
Bargain hunters snatching up foreclosures, home owners who pulled their properties off the market, and buyers starting to enter the market helped shrink out local inventory of available homes for sale to its lowest point since March 2008.
Total listing of homes for sale declined 5.1 percent in December compared to November, according to figures compiled from the Rocky Mount MLS.
Total listings at the end of December are a mere 1 percent higher than they were in December 2007 in areas serviced by the Rocky Mount MLS. This is good news!
Demand for housing increased in December and units sold at about the same pace as this summer.
This is the fourth consecutive month inventories have declined. We still have a saturated market but any improvement in inventory is a welcome development.
David C Recker, Associate Broker, Realtor ® licensed in North Carolina. Reach David at: 252-442-2687
Copyright © 2009 By David C Recker, NC Real Estate Web Blog. All Rights Reserved.. *Local Inventories Improve*
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0 comments • David Recker • January 02 2009 01:03PMHow to Sell Your Home Without an Agent
1. Change ads regularly. Ads lose their effectiveness if repeated without change. Three days is plenty for one ad. Rewrite ads to appeal to different categories of likely buyers. Use plenty of adjectives. Spend time writing good copy because your ad competes with many ads for similar property.
2. Obtain purchase contract forms. Complete the purchase contract except for date, price, terms, and signatures. Make certain that you fully understand every provision. If a prospective buyer wants to use his or her own contract, be alert. Take it to an attorney. What might appear to be a standard form could be one-sided and not say what it appears to say at first reading. With desktop publishing, many wheeler-dealers are using their own forms where the small print taketh away what the large print giveth!
3. Check financing at least once a week with a mortgage company so you will be able to help a buyer understand his or her down payment and monthly costs for various types of mortgages tailored to the buyer's needs. Be prepared to explain loan types to prospective buyers. Many excellent texts are available to help you. You should also understand front-end and back-end qualifying ratios and FICO scores. If you don't understand them, you could waste days, weeks, or even months of effort on a buyer who is unable to obtain financing because of existing debt, insufficient income, or prior credit problems.
4. If a prospective buyer uses the words "subordinate" or "subordination" in the offer, turn and run. If you sign, no matter how good it looks, you are likely giving away your home to a sharp operator. Also, be alert for any deals that seem too good to be true-they generally are. Be particularly wary with any buyer who is buying without any of his or her own cash. If the buyer ends up with more cash than he or she started with, you can be certain you are the victim of a scam. Television infomercials feature buyers who brag about paying practically nothing to own valuable property. A number of fast-talking seminar promoters have instructed thousands in unethical and often illegal procedures. Offers of mortgages on other property, notes, colored stones, diamonds (especially uncut), or other claimed valuables should send you running to an attorney. If you don't have one, I would be happy to recommend several. When an agent is involved, the fast operators don't waste their time. That's why they love For Sale by Owners.
5. Be certain that you have considered and fully understand the effects of the following: seller discount points, payoff penalties on existing loans, assumability of loans, ownership of the impound account, and all closing costs. You should also understand the dangers of "subject-to" financing as opposed to loan assumptions.
6. Make certain that you are prepared with all seller disclosures mandated by state law. If you are not prepared, you may not be able to obligate a buyer to a sale; and if you fail to make a proper disclosure, you could be inviting a lawsuit and substantial damages.
7. Make certain that you fully understand the requirements of state and federal fair housing legislation, or you could find yourself paying a fine or a penalty.
8. Make certain you know who a prospective buyer is before he or she crosses your threshold. There have been far too many horror cases of trusting homeowners who open their homes to persons with intentions other than buying and treat them as if they were honored guests. Try not to be alone when prospective buyers visit.
9. Beware of contingent offers. As a result of a contingency, the property could be tied up for months or even years. The buyer could be a dealer who wants to hold the property as if it were an option that would be exercised only if another buyer is located.
10. Price it right. How did you arrive at your price? Unless you have a written comparative market analysis that considers all recent sales of comparable property, your price could be merely a hunch. Too high a price will almost certainly guarantee that your property will not be sold, and you will be simply wasting time and effort. Too low a price will mean you are giving away dollars that are rightfully yours. You want a realistic price that gives you an advantage over your competition in creating interest in your property. You should then hold to your price with only minor concessions.
11. Understand fully the tax consequences of the sale. How much, if any, of the sales price will be subject to taxation, and at what rate?
If you are determined to sell your home yourself, I wish you good luck. I hope you find this list useful in your efforts.
David C Recker, Associate Broker, Realtor ® licensed in North Carolina. Reach David at: 252-442-2687
Copyright © 2008 By David C Recker, NC Real Estate Web Blog. All Rights Reserved.. *How To Sell Without An Agent*
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0 comments • David Recker • December 29 2008 07:40AMMany homeowners believe that to maximize their profit on a home sale they should sell it themselves. At first glance, they feel selling a home is simple and why should they pay a broker fees for something they could do themselves? In fact, close to 9% of all the homes sold last year were sold for sale by owner (FSBO).
However, close to half of the FSBO's said that they would hire a professional next time they sold. Thirty percent said they were unhappy with the results they achieved by choosing FSBO. Why?
Many FSBO's told us that the time, paperwork and everyday responsibilities involved were not worth the amount of money they saved in commissions. For others, the financial savings were even more disappointing. By the time they figured the amount of fees paid to outside consultants, inspectors, appraisers, title lawyers, escrow and loan officers, marketing, advertising... they would have been better off having paid the broker's fee which would have included many of these charges up front.
Before you decide to sell FSBO, consider these questions and weigh the answers of assuming the responsibility versus employing a professional. A little time spent investigating up front will pay off tenfold in the end.
Do I have the time, energy, know-how, and ability to devote a full forced effort to sell my home?
One of the keys to selling your home efficiently and profitably is complete accessibility. Many homes have sat on the market much longer than necessary because the owner was unwilling or unavailable to show the property. Realize that a certain amount of hours each day is necessary to sell your home.
Am I prepared to deal with an onslaught of buyers who perceive FSBO's as targets for low balling?
One of the challenges of selling a home is screening unqualified prospects and dealing with lowballers. It often goes unnoticed... how much time, effort and expertise it requires to spot these people quickly. Settling for a lowball bid is usually worse than paying broker commissions.
Am I offering financing options to the buyer? Am I prepared to answer questions about financing?
One of the keys to selling, whether it's a home, a car... anything, is to have all the necessary information the prospective buyer needs and to offer them options. Think about the last time you purchased something of value, did you make a decision before you had all your ducks in a row? By offering financing options you give the home buyer the ability to work on their terms and open up the possibilities of selling your home quickly and more profitably. A professional real estate agent will have a complete team, from lenders to title reps for you to utilize...they'll be at your disposal.
Do I fully understand the legal ramifications and necessary steps required in selling a home?
Many home sales have been lost due to incomplete paperwork, lack of inspections or not meeting your states disclosure laws. Are you completely informed of all the steps necessary to sell real estate? If not, a professional would be a wise choice.
Do I have the capability of handling the legal contracts, agreements and any disputes with buyers before or after the offer is presented?
Ask yourself if you are well versed in legalese and if you are prepared to handle disputes with buyers. To avoid any disputes it is wise to put all negotiations and agreements in writing. Many home sales have been lost due to misinterpretation of what was negotiated.
Have I contacted the necessary professionals....title, inspector (home and pest), attorney, and escrow company?
Are you familiar with top inspectors and escrow companies? Don't randomly select inspectors, attorneys, and title reps. Like any profession there are inadequate individuals who will slow, delay and possibly even cost you the transaction. For more information visit www.M3FSBO.com
David C Recker, Associate Broker, Realtor ® licensed in North Carolina. Reach David at: 252-442-2687
Copyright © 2008 By David C Recker, NC Real Estate Web Blog. All Rights Reserved.. *For Sale By Owner - Things To Consider*
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10 Real Estate Predictions for 2009
Thinking of Selling Your Home?
0 comments • David Recker • December 26 2008 10:17AMContent © 2009 David Recker (RE/MAX Classic - http://www.NCRealEstateWeb.com). Design © 2009 ActiveRain Corp.
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