How Do You Know What is Included in a Home Sale?

Meghan Henderson Home Buyer Tips Leave a Comment

When viewing Wilmington area homes for sale, it can be difficult to tell what exactly is included with the home. We’ve seen buyers put offers in on homes, go through the whole closing process, and discover when they move into the home that fixtures have been removed. That’s when people get sued and both parties enter arbitration. Ugly, ugly times. …

5 Financing Pitfalls That May Affect the Sale of Your Condo

Meghan Henderson Home Seller Tips Leave a Comment

If you’ve owned your Wilmington area condo for some time, you may not be aware of current financing guidelines that could prevent a buyer from purchasing it. These guidelines include requirements that factor into a lender’s decision to loan a buyer money to purchase a specific condo. Here are 5 financing pitfalls that may affect the sale of your condo: …

Featured Community: Covil Estates, Wilmington

Meghan Henderson Area Info , Community Leave a Comment

Located between Middle Sound Loop Road and Military Cutoff Road, Covil Estates is a diverse community with easy access to shopping and entertainment on the north end of Wilmington, NC. Mayfaire Town Center’s shopping, restaurants, and movie theater are just down the road, and Ogden’s growing commercial area is less than 5 minutes away. The community also has a nice …

When is the Best Time to Buy a Home?

Meghan Henderson Home Buyer Tips Leave a Comment

As Wilmington, NC, Realtors, we hear a lot of speculation about the best time to buy a home. For example. A buyer should shop: During the spring, when many new homes start coming on the market. During the summer, when inventory is at its peak creating more competition for sellers and more room for negotiating. During the fall, when buyers …

What is the Wilmington Mortgage Market Like?

Meghan Henderson Home Buyer Tips Leave a Comment

Are you curious about local home loan lending practices? Would you like to know the type of mortgages most prominent in the Wilmington real estate market? Then, you should know about the Consumer Financial Protection Bureau’s Home Mortgage Disclosure Act. Since 1975, the Home Mortgage Disclosure Act (HMDA) has required financial institutions to collect and publicly report information about home …

Multi-generational Housing in Growing Demand

Meghan Henderson General Real Estate Leave a Comment

The way Americans are living is shifting. Multi-generational homes are on the rise and some builders are starting to take advantage of it by changing the way they design homes. The shift began with a decrease in seniors choosing to enter nursing homes. In 1990, 10.2% of the elderly (residents age 75 and older) lived in nursing homes. That number …

North Carolina 2012 Fence and Wall Codes for Swimming Pools

Meghan Henderson Homeowner Tips Leave a Comment

Many North Carolina homeowners ask, “Do we need to install a fence around our swimming pool?” The answer is YES! The installation of a swimming pool should conform to North Carolina’s latest building codes. As of this post, those are the 2012 residential building codes. They regulate the dimensions of the fence or wall (referred to as a “barrier” in …