Wednesday, February 10, 2021 / by Anne Rose
Buyers considering the options between a condo and a townhome need to understand the differences in obtaining a mortgage for either type of home.
Purchasing a townhouse is more similar to purchasing a single family home: you own the structure and the land. Contrast that with buying a condo, where a buyer only purchases the space of the actual unit.
It’s important to classify the property correctly; buyers should confirm the designation with their realtor. Whether real estate is considered a condo or a townhome is a legal designation. Although describing many buildings a condo or a townhouse may seem obvious, there are some hybrid condos featuring detached units, site condos, or other variations. Aesthetically, buyers may not think there is a large difference between a townhome and a condo, but in terms of obtaining a mortgage, there are many differences.
"Townhomes and Condos may appear to be the same as both property types share a roof and walls. However there is a sp ...
Friday, November 6, 2020 / by Anne Rose
Fred Teachey, Broker/Realtor, shares what he loves about the six bedroom single family home - and the ocean views - on the north end of Carolina Beach.
What is unique about this property?
The location is magnificent! On the north end of Carolina Beach, it's a two-block walk to the Carolina Beach Fishing Pier and two blocks in the opposite direction to beautiful sandy beaches. This is a single family home with typical southeastern coastal construction: parking is under the home, with stairs up to the first floor where there are four bedrooms, and then up again to the third floor and two additional bedrooms plus a large open kitchen + living space that is perfect for lounging and entertaining.
The double porches are awesome, with ocean views and plenty of room for outdoor dining.
This home has a history as a successful vacation rental - it has been BOOKED SOLID from January through September, so if you opt not to live here full-time, your beachfront home will hel ...
Monday, October 5, 2020 / by Anne Rose
Here’s the ideal situation: you and your agent coordinate the sale of the house you are currently living in with the purchase of your new home.
Today, the biggest objection to putting a house on the market is being able to find and close on your new home. You may be concerned that you won't find the perfect next home, or that you won't be able to make an offer and win, or that your financing won't move smoothly.
In a fast-paced market, you are most likely confident that you will sell your current home. You are likely to have multiple offers - at or above list price - within a matter of days. And, it won’t be a problem to find a new home, one that you will love even more than the one you are selling.
Having your offer on a new home accepted and timing the close with the sale of your current home is the real challenge.
What if my house sells so quickly I end up homeless?
The most common question agents have been hearing this year is, “I’m afraid ...
Monday, September 21, 2020 / by Anne Rose
Call KBT, and the person who most likely picks up the phone is Janine Pugh, Director of Client Development. "Of the Kirk and Janine Pugh marriage, I'm definitely the social one," Janine laughs. "I love being able to talk with people and connect with them."
With a personality that is, as she describes it, very chatty, very outgoing, and very personable, Janine is perfectly suiting for her role at KBT.
For five years, Janine has been working with people who register on the KBT Realty Group website. If they are considering moving to the southeastern coastal North Carolina area, she is one of the first people at KBT that they are going to interact with.
Janine's job is to work with prospective buyers to determine which communities they are considering, what their lifestyle is going to be like when they get to the Wilmington area, and to help them narrow down the types of neighborhoods they are thinking about, as well as the types of homes they are thinking about. ...
Wednesday, August 5, 2020 / by Anne Rose
Becky Holt Brown, Broker/Realtor, shares what she loves about the four bedroom, 4 bathroom, 4,689 square foot, brick home at 109 Legacy Oaks Drive in Wallace, North Carolina.
What is unique about this property?
This is a custom-built home situated on two lots and overlooks the 9th hole of "the Landings Golf Course." The front vista of the home is truly beautiful, with the four-column portico, the rich dark wood of the double front doors, and the wide, columned, rocking chair front porch.
Which room do you love the most and what is special about it?
I love the family room, it is spacious yet comfortable. The fireplace and beautiful wood floors make the room inviting and warm, while the towering ceiling and beams raise the profile of the entire space.
What most surprised you when you first saw this home?
I love the mature, natural style landscaping AND the pool is great with the Synlawn system.
What is the neighborhoo ...