Category Archives: Wilmington NC Real Estate Agents

Keep an Eye on Your Credit

These days your credit rating and score can impact your ability to not only purchase a home, but it can also impact getting a job, insuring your home and/or belongings at a reasonable price. Often time problems on your credit report are mistakes or issues that can easily be taken care of.

It’s a good idea to check your credit score at least once a year through the three credit bureaus; Experian, Equafax and Trans Union. Just becausean item is not listed on one of the reports, doesn’t mean it isn’t on another and vice versa.

If there are issues that need to be disputed, be sure to keep documentation of any correspondence with the creditor.

Issues can take 90 days or more to be cleared from your credit history and reflect an improved score. Persistence is key.

I have a list of lenders that are able to work with you to improve your credit rating. If I can share this list with you, please call me at 910.431.9395 or email karen@livingbythecoast.com.

What horror stories have you heard about credit scores and reports?

Working With The Best

I am proud to be associated with the best company around. When you work with me you get the best!

Check out the latest news from Coldwell Banker Sea Coast Realty:

Coldwell Banker Sea Coast Realty was number one in Adjusted Gross Commission and Total Units in North Carolina for independently owned and operated affiliated companies in the Coldwell Banker® system for the second quarter of 2011.

Out of approximately 1,081 Coldwell Banker affiliate companies in North America, Coldwell Banker Sea Coast Realty ranked No. 7 in Adjusted Gross Commission and No. 12 in Total Units.

“Coldwell Banker Real Estate LLC prides itself as being a leader within the real estate industry, by combining a strong sense of tradition with innovative advances in technology and communication,” said Jim Gillespie, chief executive officer, Coldwell Banker Real Estate LLC. “This could not be achieved without the fortitude and hard work of companies such as Coldwell Banker Sea Coast Realty, working hand-in-hand with the Coldwell Banker® systems and tools.”

“We are honored to recognize Coldwell Banker Sea Coast Realty as North Carolina’s number one company,” says Frank Lindsey, senior vice president and regional director for the Coldwell Banker® Southern Region. “Sea Coast Realty demonstrates exceptional service to its customers, in turn contributing to the betterment of North Carolina as a whole.”

Wilmington NC Real Estate, “Love Letters”

Big Dawg Theater Productions launches its 16th year with the tragicomic romance between two people whose relationship is depicted in a series of letters spanning multiple decade.   The troupe plans to recruit multiple celebrity couples to perform the play over its four-weekend run. Jan. 20-23, 27-30, Feb. 3-6, 10-13.  Shows at 8pm, matinee at 3 on Sundays.  The show will take place at the Cape Fear Playhouse on Castle Street in downtown Wilmington.  To learn more about this show or Wilmington real estate contact me at 910-431-9395 or visit my website at www.livingbythecoast.com.

What to Know BEFORE Signing a Buyer’s Agency Agreement

Sounds daunting, doesn’t it? Anytime someone puts something in front of me with a pen, my palms start to sweat a little. An agreement? With the word buyer in it??? Does that mean that I’m agreeing to buy something??? WAIT! I just wanted to look at that home, remember? I’m not ready to move into it yet! I have to sell my home first, I have to fix a few things in my home first. (Picture me running away)

Let’s clear up the Agency Agreement . Follow along…

First and foremost, the “Buyer’s Agency Agreement” is for YOUR protection if you even want to look at a home for sale. If I were queen for a day, I would probably change the wording of the form. Perhaps it would be “Buying Prospect” or “Looker”. You and I both know that if you are taking time from your busy schedule, and taking me away from my busy schedule to look at a home or two, you are going to buy when you find the right home for you, we just don’t need an official looking form to tell us so.

“Buyer’s Agency” and what it entails can be best cleared up with the form – Working With Real Estate Agents. The important thing to recognize is that if an real estate agent takes you to see a home and you haven’t signed an Agency Agreement before any of the information is presented to you, that real estate agent defaults to working for the seller. Let’s look at this scenario:

You, the “Looker”, have had your eye on a home for about 5 years now. Every time you drive by the home you know it’s the perfect home for your family, without even seeing the inside or knowing the condition of the home. You are in envy of the large wrap around front porch and the quaint flower garden protected by a picket fence. The neighborhood is well known to be fabulous and all the neighbors wave as you drive by (twice a week). By now, you are a regular fixture of the neighborhood.

One day, as you are on your semi-stalking mission, you see a for sale sign in the front yard. Your heart does a little leap in your chest and you’re suddenly thankful you kept my number in your mobile phone’s speed dial.

I know you love the home, because every time I speak with you or see you, it’s all you talk about. If I don’t have you sign the Buyer’s Agency Agreement before going to see the home, I’m obligated to tell the seller how much you love the home and how you would pay ANY asking price and more. I’m working for the seller, it’s my job. However, with a signed agency agreement, I’m obligated to keep all your secrets just that, secret. I’ll be working for you, working to get your dream home at a fair price with fair terms.

Now signing the aforementioned Buyer’s Agency Agreement doesn’t seem quite as daunting, does it?

One more thing to keep in mind, when you are working with a real estate agent (either buying or selling) your agent should be able to educate you on each and every form. A real estate professional should be able to competently answer any question you might have regarding any of many forms they are using.

Sea Coast Realty Raises Funds for Habitat for Humanity

In September of this year, the ground broke on a Habitat for Humanity Home, sponsored by Coldwell Banker Sea Coast Realty. The home, scheduled to be complete next month, has in part been funded by several  fund raising effort, including a rummage sale, the Turkey Trot and last Saturday – the FlapJack Fundraiser at Applebee’s in Leland.

The Flapjack breakfast was a great success.   I got to show off my serving skills, visitors were able to participate in several raffle items and a there was even a special visit by the big man himself, Santa Claus!

Wilmington NC Real Estate, 5th Annual Backdoor Kitchen Tour

The Back Door Kitchen Tour, sponsored by The Residents of Old Wilmington, Inc., features tours of the kitchen areas of 9 homes in the Historic District of Wilmington, NC.  In many cases the homes on the tour show how homeowners faced the design and renovation challenges of creating beautiful contemporary kitchens that would blend with the spirit of their historic homes in downtown Wilmington.  Some kitchens, while serving today’s needs, remain close to the original design of the kitchen for the old home.  In most homes, other rooms of the house are able to be viewed as people enter or exit the home.  Food tastings, from local restaurants, are served in five of the homes.  A painting by a local artist is commissioned for the poster for the event, and the original painting is raffled on the day of the tour. Tickets will be sold at the home sites on the day of the tour.  The tour will take place on Saturday in Downtown Wilmington.  To learn more about the Kitchen Tour or Wilmington real estate contact me at 910-431-9395 or visit my website at www.livingbythecoast.com.