USDA Home Loans in the Hope Mills Area

As we live near a  military base, a lot of the mortgage loans that are used here are VA loans.  Another very popular loan is the USDA loan.  USDA loans are popular because they are no down payment loans.  The USDA loan was set up to assist homebuyers in rural areas.  Most of Fayetteville, NC is not eligible for a USDA loan. Currently Hope Mills is a favorite destination for home buyers  to qualify for USDA loans (along with Hoke County).  As of Oct. 1, 2013, that will change.  Hope Mills growth has finally caught up with them and on the first of Oct, most of Hope Mills will become ineligible.  You can go online and research the location of any houses that you might be interested in buying before you consider buying them if you plan to finance with USDA.  Your real estate agent should be aware of this change and should be able to advise you.  It will be a big change for this area.  Make sure you do your homework and get a knowledgeable real estate agent and mortgage lender.

SOF K9 Memorial

SOF K9 Memorial

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.

How to Pay For A ReHab

How to Pay For A ReHab

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.

Entitled Buyers

I work with both buyers and sellers.  Each brings different challenges and rewards.  I do have a question for you about buyers’ expectations. How do you guide your buyer in their expectations of seller concessions.  I have run into several buyers lately that seem to feel as if they are entitled to certain seller concessions, such as all repairs completed, all closing costs paid and adding concessions as the deal progresses.  Now, I admit, that in the current market climate in the Fayetteville/Fort Bragg area, that it has been a buyer’s market and the buyers have expected some, if not all, of their closing costs to be paid.  But, and I emphasize this, you are not buying a new house and it will not be perfect.  I feel that the purpose of a home inspection is to make sure that you are not buying anything with hidden problems.  I do not think that it is a reason to make a 5 page list to expect the seller to repair every little imperfection in the house. If I am representing a buyer, then I will do everything in my power to represent and support them, but I will always caution them to proceed with common sense and prioritize their concerns. What is your opinion?

Lots of Space in Hope Mills, NC

ImageI have a great house for sale in Hope Mills, NC.  It is in a great location, in the back of a neighborhood, with the yard backing up to a wooded area.  I really would like to get some potential buyers out to look at it.  Like most properties, it does have pros and cons and I would like to take a few minutes to take you on a tour. It starts with location, which I have already described.  It has a sloping back yard, which a lot of people do not like. But this gives the opportunity for a high deck that overlooks the wooded area behind the house, giving it a kind of resort feel. There is a nice, spacious dog run in the corner of the yard that stays. There are also several fruit trees planted in the backyard. The front of the house has a large, deep porch, perfect for multiple rocking chairs. Inside the house, you enter by way of a foyer, which leads into the great room. The great room is large enough for your big furniture and the fireplace is the focal point. The eat in kitchen also has a dining bar, which adds space to your dining area. The kitchen is roomy with a bay window that lets in a lot of light. The master and two bedrooms are downstairs. Upstairs is a great surprise! At the top of the stairs is a wonderful, large landing with multiple built in bookshelves. Everyone can use extra storage!! There is a forth bedroom, plus a bonus room. The children’s bedrooms are brightly painted in their favorite colors. Some people do not like the colors, but really, for the competitive price that this house is listed at, plus a painting allowance, can you not have the house painted before you move in?? The house, with four bedrooms, plus a bonus room, at 2300 square feet, is only listed at $169,000, well below other houses of this size in Hope Mills. So, if you would like to take an actual tour and see this house, contact me and I will be glad to arrange it.

Our Debut into Video

Well, you should have been a little fly on the wall in our office today at Exit Realty 1st Class II in Raeford, NC.  We got a call a little after lunch and our BIC, Candi, asked us would we all be available at 3:30 in the afternoon.  With trepidation, we agreed, except for Shannon, who needed to pick her truck up.  You never want to agree to something if you don’t know the full details.  Well, that proved true once more.  After we had committed ourselves, Candi informed us that there was a videographer coming from our other office to make a video of us.  Okay, an advertisement video to put on the website, no prior knowledge, no preparation.  Not good!   We really didn’t take it too serious, but then here he comes, camera and microphone. So Candi, who is the lest shy member of our entourage, jumps in front of the camera.  Thanks to Dixie, Candi’s hair is combed and she has lipstick on, ready to go.  The videographer says go ahead and Candi is off, full steam ahead.  I know that she talked a full 2 minutes and never took a breath.  She is so passionate about her company.  And that was the highlight of the video.  Next came Merassa, Dixie, Katie and myself.  We were all petrified, unprepared and uninspired to say the least.  The videographer, to his credit, suggested kindly to Candi that he come back another day, when we had time to prepare and perhaps even gather a little enthusiasm for the job to project onto the camera.  I really appreciate his honesty and consideration.  I work with the best group of people and we all love what we do.  It would really be a shame not give us another chance to portray that enthusiasm.  Stay tuned for our video debut, coming to a computer somewhere near you in the near future!