The first step in buying a Wilmington area home should always be creating a budget. If you’re buying with a loan, that means getting pre-approved. If you’re paying cash, that means determining how much money you can afford to spend. Both options include taking into consideration lifestyle and future events that may affect your finances. Once you have done this, …
Should I Use the On-site Agent When Buying Wilmington New Construction?
If you’re considering buying a new construction home in the Wilmington area, you may be aware that each community has its own on-site licensed real estate agent that is familiar with the lots, home plans, builder(s), and construction process in that particular neighborhood. They work right along with the builder to make sure contracts are executed on time and all …
The Advantages and Disadvantages of Buying a Wilmington For Sale by Owner
If you’re considering making an offer on a Wilmington For Sale by Owner (FSBO), you should first understand why a homeowner would want to handle the sale of their own home. Basically, they want to save money, and they feel they can do that by not paying the average 6% commission rate (split between the seller’s and buyer’s agent) that …
12 Questions to Ask Your Lender
When it’s time to apply for a loan, there are 12 important questions that you should ask your Wilmington mortgage lender or broker. The answers to these questions will help you gauge if you’re getting the best loan package for you. What is the best type of loan for me? This seems to be a relatively straightforward question, but it …
Featured Community: Dogwood Lakes, Hampstead
Imagine being able to walk down to Dogwood Lake with a picnic basket and company in tow, and settling down to enjoy a nice water view with your meal. That’s an excellent possibility if you choose to purchase in the community of Dogwood Lakes, a Stevens Fine Homes community with about 141 home sites in total. One of the only …
The 10 Germiest Places in the Home
It’s the cold and flu season again, and already this has been one of the worst seasons in years. Southeastern North Carolina hasn’t been hit as hard as some other places, like Boston or New York, both of which declared states of emergency, but hospitals in the Wilmington area have put restrictions on non-patient children visiting hospitals to cut the …
The Cameron Team’s Favorite Tips for Organizing Your Bathroom
Is getting organized one of your New Year’s Resolutions? We know that once you get a system in place, it makes it a lot easier to keep up with household chores. So, this year we are going to share some of our favorite organization tricks. In this post, we’re sharing our favorite bathroom tricks. 1. Tension Rods Keep your cleaners …
Preparing Your Credit for a Home Purchase
If you’re thinking of purchasing a Wilmington area home, then your first step should be to pull your credit reports, in particular your FICO® Score, which is checked by most major lenders. It will give you a fair idea of how likely you are to get a loan with a good interest rate. Your FICO® Score is a number between …
Which Home Features Increase Resale Value?
After years of falling prices, real estate experts across the nation are predicting an increase in prices. Lawrence Yun, chief economist for the National Association of Realtors, projects that home prices nationally will rise 5 to 10 percent over the next three years. This is great news for Wilmington home owners. It also means that buyers in search for Wilmington …
What is the Difference Between a Building Inspection and a Home Inspection?
If you’re buying a home, you may have heard of Building Inspections and Home Inspections. It’s important to know the difference, because some people mistakenly believe that one can take the place of the other. Both Building Inspectors and Home Inspectors do important work involved with the condition of a home, but each have a different job and purpose. Matter-of-fact, …