Figure Eight Island

Gorgeous sound front home at Figure Eight Island.

Many recent upgrades including master bath with large walk in shower and separate tub with double vanity sinks and granite top. Wonderful master bedroom with vaulted ceiling, fireplace and incredible sunset views.

Kitchen and bar are beautifully done with UBATUBA Granite tops and Kraftmaid cabinets.

Living room and dining rooms both have great water views, beautiful oak floors and fireplace in the living room. Private dock with lift in one of the slips.

 35 Pipers Neck Road – $2,495,000

Brick Home: Georgetowne

Magnificent Brick home in sought-after Georgetowne, this traditional plan boasts many unique features. Oak hardwood floors flow throughout the main living areas. The formal living room and dining rooms are situated at the front of the home.

The updated kitchen has granite countertops, custom tiled backsplash, new stainless appliances, ceramic tile flooring and a 5 burner range. The kitchen, breakfast area and family room are all open; have tall ceilings, allowing ease of communication.

There are two stairwells leading to the upstairs, one near the front entrance and the other adjacent to the kitchen. Enjoy the benefits of gas heat, hot water, fireplace and cooking. Other features of this fine home include a security system, central vacuum, surround sound wiring, and oversized garage.

Georgetowne is conveniently located near Monkey Junction and is in close proximity to New Hanover Regional Medical Center. Georgetowne offers a quality lifestyle, complete with a large community pool

 4316 Tollington Drive $388,000

Let me show you this beautiful home as well as any other MLS listing at Ocean Isle Beach, Holden Beach, Oak Island, Bald Head Island or the mainland golf areas and Shallotte!

As an Accredited Buyer Representative Martha Pope can furnish information and represent you with regard to any properties in the Multiple Listing Service.

For more information on this or any other property anywhere in the area please contact Martha: martha@pope-realestate.com.

8686 Grayson Park Drive

Priced to sell!!Immaculate, open concept, one level living with FROG and vaulted ceilings.

4 bedroom (1 upstairs), 2 bathroom (both downstairs) home located at the end of a cul-de-sac in Grayson Park.

Large, professionally landscaped and maintained fenced yard with screen porch.

Hardwoods and tile throughout entire home except one bedroom. Modern kitchen has maple cabinets, stainless steel appliances, and solid surface countertops.

Master suite has large walk-in closet and 2nd large bathroom closet, double vanity, and separate shower/tub. Move in ready!

8686 Grayson Park Drive $239,000
Let me show you this beautiful home as well as any other MLS listing at Ocean Isle Beach, Holden Beach, Oak Island, Bald Head Island or the mainland golf areas and Shallotte!

As an Accredited Buyer Representative Martha Pope can furnish information and represent you with regard to any properties in the Multiple Listing Service.

For more information on this or any other property anywhere in the area please contact Martha: martha@pope-realestate.com.

All About Foreclosures

You can purchase property at a great discount through a Bank Owned or REO Foreclosure. When a foreclosing lender takes a property back it passes the property on to its REO (Real Estate Owned) department which arranges to sell the property.

Buying a bank owned property can be a complex purchase but an Accredited Real Estate Buyer’s Agent can put their years of experience to work to help you navigate the process and to negotiate the best bargain you can – keeping your financial circumstances and the worth of the property in mind.

Here are some of the advantages and disadvantages of purchasing a REO/Bank Owned property:

Some Advantages

• You can take your time deciding as there is no mandatory fixed time limit as there is in an auction.
• You will have an opportunity to really get a good look at the property to ascertain its condition and what repairs and maintenance may need to be done.
• The bank makes the arrangements to evict the former owners so there is no inconvenience or awkwardness for the buyer.
• Liens on the property aren’t a factor because the bank itself takes care of that.

Some Disadvantages

• A Bank/REO Owned property may be more expensive to purchase than one that is acquired during the pre-foreclosure phase. Even though the property is unsold, it is still unlikely that a bank will sell it at rock bottom prices. Sometimes the price fixed by the bank is more than the market value of the property. Your Accredited Real Estate Buyer’s Agent can best advise you on the property’s value as an opportunity.
• In many cases a bank will want to dispose off the property in an as-is condition. To protect yourself from having any nasty surprises your a good Accredited Real Estate Buyer’s Agent will put in an ‘inspection contingency’ condition. This is to give you the right to inspect the property and rescind your offer if the property is fails to measure up to.
• Banks are not required to issue a Property Condition Disclosure Statement. However, if a qualified, Accredited Real Estate Buyer’s Agent is involved, he/she will provide a Property Condition Disclosure Statement to you.

In purchasing a Bank Owned/REO property you will have to make your offer to the bank. Even though the auction was not successful the bank is still going to attempt to get the best price they can. When you make an offer, the bank will counter your offer with one that is generally higher than your offer. You will want to settle on a maximum price you are willing to offer and then make a final offer. Thereafter it will be put submitted for the bank’s approval after which a decision will be taken.

Purchasing an REO or bank owned property can be a complex purchase. As an Accredited Real Estate Buyer’s Agent I put my years of experience to work to help you navigate the process for a beneficial outcome. I can help you to negotiate the best bargain you can keeping your financial circumstances and the worth of the property in mind.

My website http://pope-realestate.com contains current, frequently updated listings of all foreclosures in Brunswick County (homes & land) as well as Wilmington, NC, Wrightsville Beach, NC and Carolina Beach, NC

For more information on these or any other foreclosures please contact Martha Pope:
email: martha@pope-realestate.com
phone: 910.619.7673

Buying Real Estate At The Coast

By Martha Pope – Accredited Buyers Representative of the National Association of Realtors. Read more