My New Blog

Hi,

There are currently 76 active short sales and 20 foreclosures on the market currently from Corolla to Nags Head.  There are some fantastic deals out there with homes like the 7 bedroom short sale across from the ocean in Southern Shores for  680,000 that started out at 1.5 million and the foreclosure in Whalehead with a tax value of 771,000 for 409,000.  There are definitely more folks coming into the market to take a look.

The hard part is a prequal letter or Proof of Funds is a MUST now with any offer to be considered. If you have the 20% to put down and good credit/ work history - now is the time to talk to a lender and be ready to jump on a great deal while the interest rates are good! Check out the financing area of my website for some good options in our area and give my a call or an email if you need some great option home deals in a particular area and price range.

Take advantage of one of the best buyer markets in years!

Have a great weekend!

Carol