Archives » January, 2008

Sellers Pre-listing inspection from Jeff Hardesty of Elite Home Inspections

Sellers Pre-listing inspection from Jeff Hardesty of Elite Home Inspections
Seller’s pre-listing inspections.
www.InspectorLocator.com
Eventually your buyers are going to conduct an inspection. You may as well know what they are going to find by getting there first. Having an inspection performed ahead of time helps in many other ways:

It allows […]

Read: Sellers Pre-listing inspection from Jeff Hardesty of Elite Home Inspections

Electrical Safety Tips from Jeff Hardesty of Elite Home Inspections

Electrical Safety Tips from Jeff Hardesty of Elite Home Inspections
Electrical Safety

Electricity is an essential part of our lives. However, it has the potential to cause great harm. Electrical systems will function almost indefinitely if properly installed and not overloaded or physically abused. Electrical fires in our homes claim the lives of 485 Americans each […]

Read: Electrical Safety Tips from Jeff Hardesty of Elite Home Inspections

Bernanke lowers benchmark interest rate by 1/2%

The FED lowered their benchmark rate this afternoon by 1/2%.  This will take Prime rate down to 6% next month.  So far mortgage interest rates have been unaffected by this lowering.  I have pasted a summary of the FED meeting below in case you would like some more details of what […]

Read: Bernanke lowers benchmark interest rate by 1/2%

Home Inspectors are our friends

I hear other real estate agents saying how they dislike Home Inspectors but I know there must be people out there who like and respect them as I do, right? If not, consider these points:
When representing buyers, I want my buyer client to hire the pickiest Inspector he can get–he’s paying for […]

Read: Home Inspectors are our friends

Sellers often don’t know their Flood Zones

Our market centers on a tiny strip of sand bordering the Atlantic Ocean called the Outer Banks of North Carolina. You could say we are part of “hurricane central” which can mean occasional flooding.
Here, as you can imagine, we live by the FEMA special flood hazard zones.
The flood insurance coverage we carry (or not) […]

Read: Sellers often don’t know their Flood Zones

Outer Banks Mortgage Rate Update 1-25-08 form Shane Cook

        Many economists are calling this week a once in a generation occurrence.  This is because the last time the FED enacted an emergency lowering of interest rates by .75% was in the mid 1980’s.  This lowering along with a plummeting stock market sent rates to decade lows for Tuesday and Wednesday of […]

Read: Outer Banks Mortgage Rate Update 1-25-08 form Shane Cook

Outer Banks Loan Update 1-25-08 from Beach Mortgage

BEACH MORTGAGE CO., INC
LOAN OFFICERS:
BOB KRAINIAK
PHONE: 252-261-2100
1-800-248-8923
FAX: 252-261-2561
E-MAIL: beach@beachmtg.com
BERNIE TREVILLIAN
RANDI EURE
JOY WHITE
NATALIE DUTT
RICK FOWLER
*****************Current Offerings as of January 25, 2008*****************

(Rate subject to change)
NEVER AN APPLICATION FEE

SUPER JUMBO ARMS
3/1 Program 5/1 Program
Interest Only
67/8+0 71/4+0
61/2+.50 7+.50
61/4+1 67/8+1
95% Primary Homes
85% Secondary Homes $650,000 - $1 Million
(Please Call for Quote)

Lot Loans
• 90% LTV (80% LTV off-road)
• Interest Only Loans
• […]

Read: Outer Banks Loan Update 1-25-08 from Beach Mortgage

“Lose ‘em at the door, not on the floor!”

I just commented on another post and ended with the above quote, a favorite old restaurant saying that I learned as a stressed young hostess juggling waiting lists of angry, hungry would-be diners waiting (too long) for their tables.
I can’t cite my source because it was 20 years ago and I can’t […]

Read: “Lose ‘em at the door, not on the floor!”

Bodie Island light house repair update

The Bodie Island lighthouse, just south of Nags Head, has been a shining beacon to mariners since 1847. It is in need of repairs and renovations which have been in the planning stage for the last couple of years.
The funding was provided for the study and planning of the renovation and contract for the actual repair […]

Read: Bodie Island light house repair update

2007 was a good Outer Banks tourist year

North Carolina’s Ferry System got a huge passenger traffic boost this season after “Dr. Beach” endorsed Ocracoke Island as the top beach in America.
Stephen Leatherman, director of Florida University’s Laboratory for Coastal Research is the person who more famously goes by “Dr. Beach” and began compiling his annual America’s Best Beaches lists in 1991.
This […]

Read: 2007 was a good Outer Banks tourist year