A Realtor to client relationships are an important thing you want when dealing with selling or buying your home. You want a realtor with connections to make the process go as smoothly as possible. How it can help On my way to work late last week my truck started overheating. I made it to work and called John The Automan to see if he could help. We've been taking our cars to John for a couple years now and I hoped he could take care of me because of a trip I had to take over the weekend. The … Continue reading...
Why is the OBX Tax Assessment not near the asking price?
Over the last 20 years, more often than not OBX tax assessment values of properties were not equal to their market value. When properties were reassessed in 2013 many tax assessment values went down over 20%. In some cases even more. That’s a huge change in value from one assessment to another! Why is that? Did local property values dropped that much over that onet year? The simple answer is no. The reason for the large change in OBX tax assessment is that neither Dare County nor Currituck … Continue reading...
Has the OBX real estate market hit bottom?
Defining what the bottom of a market is may be different depending upon who you talk to. Looking at numerous sales indicators and their trends can give you a good idea of what is happening in the market. Unfortunately you won’t know for sure where the bottom is until many months later when trends show solid positive signs for a few months in a row. Right now there are numerous trends that have begun to show positive signs. If these trends continue it is likely we are at the bottom right now. … Continue reading...
How not to sell your Outer Banks Home
Yesterday I was out showing property to some great clients from Pennsylvania. They purchased a home from me a few years back and decided it was time to get another. One of the things I like to provide my clients when looking at homes is the MLS history. As long as the address was entered correctly in the MLS it will show when the property was first listed, how many times it has been listed and all the times the information has been amended. Occasionally you’ll also see when the property was … Continue reading...