Featured Southport Homesite

Gorgeous homesite in lovely community of Olde Southport right in downtown Southport.

Its just a short walk to the waterfront with all of the shops, restaurants, and pier. A small upscale community with peaceful streets and gracious trees – build your beautiful home on this lot

MLS Listing # 648976

228 Joshuas Way Southport, NC 28461

Listing Price: $125,000

Residential Lot

Area Southport Subdivision Olde Southport

Lot Sq Ft(approx) 11325 ((Plat Map)) Lot Acres (approx) 0.260

Directions Follow Howe St. into town, turn left on E. Brown St., and continue to Olde Southport entrance. Rt. on Joshuas Way to approx. 5th lot on left. Marketing Remark

Let me show you this beautiful homesite as well as any other MLS listing at Ocean Isle Beach, Holden Beach, Oak Island, Bald Head Island or the mainland golf areas and Shallotte!

As an Accredited Buyer Representative Martha Pope can furnish information and represent you with regard to any properties in the Multiple Listing Service.

For more information on this or any other property anywhere in the area please contact Martha: martha@pope-realestate.com.

Smithville Woods

This is your chance to own an affordably priced home in popular Smithville Woods.

This community is only minutes to downtown Historic Southport’s waterfront, shops and restaurants yet there are no city taxes! This 3 bedroom 2.5 bath home sits on almost 2/3 acre and has a large master downstairs with built in bookcases and sitting area.

There are two more spacious bedrooms upstairs.

The long front porch is just made for rocking chairs and sipping iced tea! Oh, and your boat is welcome too!

2200 Robert Ruark Dr – Smithville Woods $195,000

Let me show you this beautiful home as well as any other MLS listing at Ocean Isle Beach, Holden Beach, Oak Island, Bald Head Island or the mainland golf areas and Shallotte!

As an Accredited Buyer Representative Martha Pope can furnish information and represent you with regard to any properties in the Multiple Listing Service.

For more information on this or any other property anywhere in the area please contact Martha: martha@pope-realestate.com.

Carolina Place

Explore Coastal Carolina from this captivating home, just minutes to pristine beaches, charming fishing villages and quaint seaside towns.

Built with quality, low maintenance materials, this home offers a great retreat for a bargain price.

You will appreciate the custom backsplash, covered front and rear porches and so much more. It is a complete package featuring an attached garage. This home is almost new.

4959 Northampton Place – Carolina Place $104,000

Let me show you this beautiful home as well as any other MLS listing at Ocean Isle Beach, Holden Beach, Oak Island, Bald Head Island or the mainland golf areas and Shallotte!

As an Accredited Buyer Representative Martha Pope can furnish information and represent you with regard to any properties in the Multiple Listing Service.

For more information on this or any other property anywhere in the area please contact Martha: martha@pope-realestate.com.

102 West Nash St.

In our opinion the most versatile commercial property in Southport.

The Nash Street corner house was built when Victorian architecture and wide verandahs were the rage.

It’s 2 & 1/2 stories feature a completely remodeled kitchen with a Viking range, and there are Southport bows, bay windows, transoms, great double porches, clawfoot tubs, and a charming artist’s loft.

In the backyard as a bonus includes the famous Spike’s ice cream & hot dog / dairy bar building.

102 West Nash St.  $880,000

Let me show you this beautiful home as well as any other MLS listing at Ocean Isle Beach, Holden Beach, Oak Island, Bald Head Island or the mainland golf areas and Shallotte!

As an Accredited Buyer Representative Martha Pope can furnish information and represent you with regard to any properties in the Multiple Listing Service.

For more information on this or any other property anywhere in the area please contact Martha: martha@pope-realestate.com.

 

 

Buying Real Estate At The Beach

By Martha Pope – Accredited Buyers Representative of the National Association of Realtors

This beautiful coastal and golf area is and always has been an incredible and fun place to vacation and it is also a terrific environment in which to own property. Whether you envision a second home on the Island or at one of the area signature golf courses, the fun factor and the investment potential for you remains strong.

You might be amazed at the rental income one of these homes can generate while you get to vacation here also.

Some of you may have witnessed drops in your own home equity values or may be nervous because you have heard so much, for so long, about soft real estate markets – and you are understandably concerned.

While the market here has slowed somewhat it has held up much better than in other areas of the country. What this means is that as the economy improves nationwide the market in this area is apt to rebound much quicker. This could mean a great opportunity for those looking for a great investment.

Knowing the market where you plan to buy and determining the true value of any property under consideration (based on past sales and not necessarily the current asking price) will assure that you make the right decision and make your purchase at the right price.

Selling real estate at Ocean Isle Beach and this entire gorgeous area for the last almost 30 years has just been a wonderful life and I am truly grateful to have ended up here! If you are looking to invest in real estate in this area I would love to sit down with you and share my knowledge and expertise as an Accredited Buyer Representative of the National Association of Realtors with you.

We can discuss the boundaries of the market, locate the best property for you, purchase it at the best price possible, and finally help you put the correct financing in place by relentless comparison shopping!

At your leisure I invite you to visit my website at pope-realestate.com and click on the local MLS logo to check out what’s for sale currently. I welcome any questions or requests at any time!

By Martha Pope – Accredited Buyers Representative of the National Association of Realtors. If I can help answer any questions, furnish further information or assist in any way please contact me at my website: pope-realestate.com

All About Foreclosures

You can purchase property at a great discount through a Bank Owned or REO Foreclosure. When a foreclosing lender takes a property back it passes the property on to its REO (Real Estate Owned) department which arranges to sell the property.

Buying a bank owned property can be a complex purchase but an Accredited Real Estate Buyer’s Agent can put their years of experience to work to help you navigate the process and to negotiate the best bargain you can – keeping your financial circumstances and the worth of the property in mind.

Here are some of the advantages and disadvantages of purchasing a REO/Bank Owned property:

Some Advantages

• You can take your time deciding as there is no mandatory fixed time limit as there is in an auction.
• You will have an opportunity to really get a good look at the property to ascertain its condition and what repairs and maintenance may need to be done.
• The bank makes the arrangements to evict the former owners so there is no inconvenience or awkwardness for the buyer.
• Liens on the property aren’t a factor because the bank itself takes care of that.

Some Disadvantages

• A Bank/REO Owned property may be more expensive to purchase than one that is acquired during the pre-foreclosure phase. Even though the property is unsold, it is still unlikely that a bank will sell it at rock bottom prices. Sometimes the price fixed by the bank is more than the market value of the property. Your Accredited Real Estate Buyer’s Agent can best advise you on the property’s value as an opportunity.
• In many cases a bank will want to dispose off the property in an as-is condition. To protect yourself from having any nasty surprises your a good Accredited Real Estate Buyer’s Agent will put in an ‘inspection contingency’ condition. This is to give you the right to inspect the property and rescind your offer if the property is fails to measure up to.
• Banks are not required to issue a Property Condition Disclosure Statement. However, if a qualified, Accredited Real Estate Buyer’s Agent is involved, he/she will provide a Property Condition Disclosure Statement to you.

In purchasing a Bank Owned/REO property you will have to make your offer to the bank. Even though the auction was not successful the bank is still going to attempt to get the best price they can. When you make an offer, the bank will counter your offer with one that is generally higher than your offer. You will want to settle on a maximum price you are willing to offer and then make a final offer. Thereafter it will be put submitted for the bank’s approval after which a decision will be taken.

Purchasing an REO or bank owned property can be a complex purchase. As an Accredited Real Estate Buyer’s Agent I put my years of experience to work to help you navigate the process for a beneficial outcome. I can help you to negotiate the best bargain you can keeping your financial circumstances and the worth of the property in mind.

My website http://pope-realestate.com contains current, frequently updated listings of all foreclosures in Brunswick County (homes & land) as well as Wilmington, NC, Wrightsville Beach, NC and Carolina Beach, NC

For more information on these or any other foreclosures please contact Martha Pope:
email: martha@pope-realestate.com
phone: 910.619.7673

Featured Area Property

Oceanfront On Ocean Isle Beach! 249 W First St

One-half of duplex in premier oceanfront location on west part of beach. Extra wide and extra deep lot.

Completely renovated and beautifully appointed. This is your affordable way to own a gorgeous 4 BR/4 bath oceanfront home and share 50% of the expenses.

Listed with Pope Real Estate – Ocean Isle Beach 800.707.4402

Rock on the deck or sit out on the extra large gazebo at top of dune and watch the dolphins swim by! Has terrific rental income. This is a must-see and is priced to sell.

Let Martha Pope show you this beautiful oceanfront home at Ocean Isle Beach as well as any other MLS listing at Sunset Beach, Holden Beach, Oak Island, Bald Head Island or the mainland golf areas and Shallotte!

This beautiful oceanfront home is situated on a 0.373 acre lot. Its a great rental!

As an Accreditied Buyer Representative I can furnish information and represent you with regard to any properties in the Multiple Listing Service.

For more information on this or any other property anywhere in the area please contact me martha@pope-realestate.com.

Directions Cross OIB bridge onto Island. Turn right (west) at pier and continue down W First Street to #249 on left. Sign on property.

Featured Southport NC Home

Check out this low country design sitting on nearly 1/2 acre in downtown Southport!

The large stone fireplace and loft area AND the in-law suite make this home in historic Southport North Carolina extra special.

This home also features a beautiful master suite.

Please call me for more information on this or any other property currently on the market.

As a Realtor/Broker and an Accreditied Buyer Representative I can you with any and all properties listed through our local Multiple Listing Service.

For more information on this or any other property anywhere in the area please contact me martha@pope-realestate.com. Visit my coastal NC Real Estate website at: pope-realestate.com

The Time is Now For Real Estate

A coach and speaker at the NAR (National Association of Realtors) Convention by the name of Rich Levin has absolutely hit the nail on the head! He says “THE TIME IS NOW FOR REAL ESTATE” and he is 100% correct. All of the factors are lining up for the next 6 to 12 months to be that year and here’s why:

Interest rates are dropping below 6% on residential mortgage loans – and this is nationally. The most likely scenario is that these mortgage loan rates will not stay this low for long so buyers would be wise to be actively looking to buy and take advantage very soon.

As buyers realize that it is a good time to buy (but not necessarily for sellers to sell) the demand will begin to absorb the foreclosures and short sales and then exceed supply. Over the next year or two the additional demand may very well lead to a seller’s market, however gradual it may be.

The signs of this shift are occurring now – the supply of new construction and foreclosure homes are being absorbed by first time buyers, investors, and secure homeowners who are taking advantage of their financial strength. “This Spring may be the tipping point when market activity flourishes,” Rich says, and I believe it will. After the first of the year mortgage money should be much more readily available from the banks.

He then refers to inflation as the “X factor” remembering a rapidly inflationary period. For instance, one day you could put a quarter into the vending machine and get a Coke. The next time it was forty cents and the next time it was fifty cents and within five years it was seventy-five cents and so on. Your money buys less and the cost of what you buy increases.

If you owned real estate during this same period you were probably very happy because the property you owned also doubled in price no matter where you lived. Who knows if we are on the verge of another inflationary surge – but if inflation does devalue our money…then real estate prices will increase (along with the price of almost all other hard goods) and this year’s buyers are going to benefit tremendously! Regardless, it is time for buyers to get in the market!

At your leisure I invite you to visit my website at pope-realestate.com and click on the local MLS logo to check out what’s for sale currently. I welcome any questions or requests at any time!

By Martha Pope – Accredited Buyers Representative of the National Association of Realtors. If I can help answer any questions, furnish further information or assist in any way please contact me at my website: pope-realestate.com