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July 2010 - Posts

Gorgeous Duck Foreclosure Just Listed!
This 6 bedroom, 6 1/2 bath custom home is just stunning and located right in the center of Duck Village. Walk to shopping, restaurants & activities! Priced at $729,800. Just four years old & almost 4000 square feet, this home sits high on top Read More...
New Beach Box with Great Ocean Views for $349,000
Incredible Ocean views from this adorable cottage in Kitty Hawk! 3 bedrooms, 2 baths, tastefully decorated, sold completely furnished, great rental or 2nd home. Downstairs conforming apt. too! Read More...
Great Deal on Bank Owned Home in Duck's Exclusive Four Seasons
$675,000 is the low offering price on this 8 bedroom, 8 1/2 bath home with private pool in popular Four Seasons in the heart of Duck Village. Beautiful live oaks surround this home and located adjacent to the beach boardwalk. Perfect for an investment Read More...
From OBX Voice-State of the Outer Banks Real Estate Market
Scraping bottom or turning the corner? Russ Lay | July 11, 2010 Talk to 10 real estate agents and you’ll likely get 10 different responses on the state of the current market. At the extremes, you’ll find optimists and pessimists with various Read More...
Many Investors Paying in Cash
Meet the Cash Buyers: How the Fix-and-Flip Investor Thinks Release date: 07/21/10 A significant share of cash buyers are investors, people who are buying properties not to live in but to rent out, or to fix up and sell quickly. From January through May, Read More...
Colington Foreclosure $209,900 Just Listed
3 bedrooms, 3 baths on a highly elevated street in Colington Harbour. Perfect for 2nd home or year round living! Well-built, very nice, low maintance and new carpet on order. Make an offer-great home at a fantastic low price! 252.202.4271 for details Read More...
Southern Shores Home Only $199,000!
Partial fixer upper-2 bedrooms, one bath in exclusive and quiet Southern Shores. Newer roof, subfloors installed, newer windows, heat pump, huge shaded lot, cul-de-sac close to Beach and Sound with great schools! Call for a list of more details 252.202.427 Read More...
Mortgage Interest Deduction Going Away?
Gearing Up for the Fight by Lawrence Yun , NAR Chief Economist It hasn’t been a pretty sight in the first month without the tax credit. Pending sales for existing homes fell 30 percent in May. New home sales (which measures contracts and not closings) Read More...
Borrowers Hit New Home-Loan Hurdles
By JAMES R. HAGERTY And NICK TIMIRAOS -- Wall Street Journal July 14, 2010 Dennis Davis has a nearly perfect credit score, equity in his home, considerable savings and a solid pension plan. But Mr. Davis recently found that his lender didn't want Read More...
ABSOLUTE STEAL ON HARBOUR BAY HOMESITE
Just reduced, this is AN INCREDIBLE INVESTMENT OPPORTUNITY on a large, elevated homesite with Ocean views in one of the Outer Bank's most popular communities. Located in an amazing location-stroll to the Sound on the private walkway, Soundfront bike/running Read More...
Oceanfront Foreclosure in Duck Just Listed!
Offered at $1,535,500, this is an unbelievable buy on an 8 bedroom, six bath home with sweeping Ocean views and private pool. Located on a large lot on a quiet cul-de-sac with very little traffic in the heart of Duck. Volley ball, solid dune line, private Read More...
Four Seasons in Duck Foreclosure Reduced Again!
Great buy in exclusive Four Seasons in the heart of Duck Village. This 6 bedroom, 6 12/ bath home with private pool is 3200 square feet & is a rare find in this much sought after community. Values hold great in this community and homes rent VERY well Read More...
SHORT SALE STEAL!
Kill Devil Hills Soundside, $299,900 and lender easy to work with! You couldn't begin to invest in this lot and build this home for this price. Terrific location close to Beach, Sound, shopping, fishing pier, movie theater, bars, restaurants & Read More...
Nags Head Oceanfront Just Reduced to the Great Price of $929,000!
MP 11.5-fantastic location near shopping, restaurants, fishing pier, bike path & much more. 6 bedroom, 3 1/2 bath home offered at this AMAZING price! Incredible Ocean views, stable dune line, private pool, huge open living/dining area, tastefully Read More...
Southern Shores Semi-Oceanfront STEAL!
This one will not last! Just listed today, this is a custom built, 7 bedroom, 8 1/2 bath home in a fantastic location in Southern Shores. Semi-Oceanfront, almost 4300 square feet, built in 2006 with rental projections of just under 80K! Private pool, Read More...
From OBX Voice: New Rules + Tight Money = No Fireworks
Rob Morris | July 1, 2010 North Carolina Department of Cultural Resources photo. Independence Day will be a little quieter this year. Tight budgets and tighter safety rules have left only two choices for watching fireworks on the Outer Banks this Sunday. Read More...
Tax Credit Closing Date Extended for 1st Homebuyers
Congress just passed legislation that first home buyers who put a home under contract by April 30th, now have until September 30th to close! Read More...