obx homes for sale Archives - Page 2 of 3

Best OBX Buying Information

It’s hard to make a smart OBX real estate purchase without the best OBX buying information. It's surprising how much information my clients find from an Internet research. Buyers finding owners on Facebook is a pretty common occurrence. Some of that type of information is not very helpful in making purchasing or selling decisions. Other information can make a big difference. For example, it is helpful to see actual vacation rental income. Depending upon the time of year you might be able to get … Continue reading...

Sight Unseen OBX Purchase?

A sight unseen OBX purchase was as rare as purple sea glass just a few months ago. Our bridges to the Outer Banks have been closed since mid-March. Prior to the pandemic many out of town buyers were seriously looking at purchasing and collecting the summer rental income. Of course, those plans are over or delayed for most folks since they can not get here to see the houses.Not everyone has stopped shopping here though. In fact, we’ve had three different buyers who have been comfortable … Continue reading...

Outer Banks Flood Insurance

A common question I’m asked by people who are thinking about buying a beach house is "Can I get flood insurance on the Outer Banks?" Flood insurance is available on every property on the Outer Banks. In some cases, it can be more expensive than others but it is still available. This article is the first part of a two-part series on Outer Banks flood insurance. It will focus on the reasons for higher and lower premiums.Preferred rate guidelinesThe best priced flood insurance … Continue reading...

Outer Banks Market Report Winter 2018-19

Thanks for taking a moment to view the Outer Banks Market Report Winter 2018-19 edition.The last few months have been promising for Outer Banks real estate activity. Sales for the first two months of 2019 have been better than recent years. Part of this trend may be due to the lack of snow storms and relatively calm winter weather. When a snowstorm is forecasted for a weekend anywhere between Virginia Beach and Boston usually buyers postpone their trips to view homes here. Rarely did … Continue reading...

OBX Real Estate Sales Winter 2018-19

We're reporting that 2108 ended up being the second best year for OBX real estate sales since the boom years of the early 2000’s. The number of transactions in the local MLS was down just slightly compared to 2017. Poor weather and higher interest rates may have had an effect on sales. A great piece of news is that the average and median sales prices went up in just about every area. The sold price per square foot also continues to climb as sellers are able to demand more for their … Continue reading...

Outer Banks Zillow Search

If you google for information about a specific Outer Banks house, it’s highly likely that you'll end up at a zillow or realtor.com web site. These national web sites have the resources and the know how to get their web site to the top of the first page. An Outer Banks zillow search has limited information. Some of it also may be inaccurate. This article will help you understand why local Realtor's web sites are an important part of your OBX real estate searches. First, Not Best Just because … Continue reading...

Five Inexpensive Improvements to Sell a Vacation Home

Selling vacation homes can be challenging. Today’s buyers watch HGTV where home updates are the norm instead of the exception. Often times OBX vacation homes don’t have those updates. If you are preparing to sell or not getting activity on your home then here are five items that will encourage buyers to look and make offers. By doing some of these simple updates you may make your home stand out among all the ones for sale.Tidy yard and exterior: Pruning trees and/or bushes can often be … Continue reading...

What does sold “as-is” mean”?

“As-is” can mean numerous things in an Outer Banks real estate transaction. It could relate to the condition of the home but also it could relate to an encomberance or an encroachment. Most commonly means that the seller will not make any repairs. This frequency of this type of sale waxes and wanes with Outer Banks market conditions. Almost all distressed sales are sold this way. Banks rarely want to make repairs to a property and sellers of short sales don’t have the cash to make any repairs. … Continue reading...

What should I expect when negotiating on a vacation home in the fall?

It's common sense that sellers should be more anxious to sell their house in the fall than in the middle of the busy summer season. Negotiating on a vacation home during the spring or summer eliminates a seller's summer rental income. They also will miss out on using the property during those great summer beach days. With winter around the corner it makes sense that sellers would not be interested in paying the bills for a house they are not using very much. Trying to quantify what would seem to … Continue reading...

Best OBX Buying Information

Sight Unseen OBX Purchase?

Outer Banks Flood Insurance

Outer Banks Market Report Winter 2018-19

OBX Real Estate Sales Winter 2018-19

Outer Banks Zillow Search

Five Inexpensive Improvements to Sell a Vacation Home

What does sold “as-is” mean”?

What should I expect when negotiating on a vacation home in the fall?

About Us

Credentials

CLIENT REVIEWS

Jacob Keenan

Ted Piazza

Tony Salamone

David Kravitz

Connect With Us