What a proud day in Fayetteville this past weekend when a statue was unveiled in downtown to honor the wonderful canines that have lost their lives defending our country. It is a very special memorial to our fallen canine soldiers. The community here supports Fort Bragg and our soldiers in many ways. I hope that everyone will take an opportunity to visit the memorial soon.
So, you need to get your house sold. Join the thousands in the Fayetteville, NC area that are in the same position. The news keeps talking about how the real estate market has changed to a seller’s market and there are beginning to be housing shortages. Please don’t get too excited yet. You need to make sure that you get your information from a local, experienced realtor, not Zillow or Realtor.com. Although it may be true that the overall market in the US is making a comeback, you have to remember that in our area, we never experienced the deep decreases in market value that some areas experienced. And while it is true that we did see some decreases, Fort Bragg was a wonderful buffer in our locale. So while it is always advisable to keep up on the latest trends, it is definitely wise to focus locally when you are considering placing your house on the market. It really does not matter what the housing prices in Las Vegas are when you are listing your house in Raeford, NC. Seek local, professional advice.
I am going to meet one of my home sellers this afternoon. We have not been successful in getting any buyers interested in her house. It is staged and marketed very well, but without putting extra money into it and some layout challenges, it is not currently attracting any buyers. My seller called me a couple of days ago and wanted to know what her options are. What she was asking was how could she get out of her contract early without repercussions or would that even be possible. This is the moment, that being able to make those decisions myself, allows me to do what I feel is best. In this situation, the best thing is to release her from her contract and allow her to rent the property, until some time in the future that we feel that the home has a better chance of selling. She and I have worked very well together and both of us have held up our end of the contract. Sometimes things are beyond our control, such as a couple of issues that are preventing the sale of her house. By professionally and respectfully letting her terminate her contract early, she and I will be able to maintain our professional relationship and do business together in the future. It’s not hard to do what is right. You just have to make sure that you always keep the long term effects in mind also. Again, remember quality, not quantity.
There are a lot of good deals in the Fayetteville/Fort Bragg area now for new homeowners. This house in Spring Lake on Goodyear Drive is a good example. It has a new roof, brick façade and a new HVAC unit. What it doesn’t have is an updated kitchen and both bathrooms need major work. But it does have a huge yard and is located very convenient to Fort Bragg. The positive in all of this is that the home is priced well below others being sold in the neighborhood, so that means this home is perfect for a 203K renovation loan. Borrow the money to purchase the home, plus make the updates needed and have instant equity and a fantastic home. Contact me with questions or for a chance to look at this home yourself.