SeaCoastRealty.com

October 2010 Top Producers

2010-11-22T09:43:00.016-05:00

Coldwell Banker Sea Coast Realty is pleased to announce our Top Producers for October 2010.

Wilmington Office
Top Listing Agent - Sherri Pickard
Top Selling Agent - Jennifer Farmer
Top Listing Team - Jack Gale Team
Top Selling Team - Kay Baker Team

Carolina Beach Office
Top Listing Agent - Sherri Pridgen
Top Selling Agent - Julie Damron
Top Listing Team - Shawndy Conway & Jessica Keenan
Top Selling Team - Shawndy Conway & Jessica Keenan

North Brunswick Offices
Top Listing Agent - Ginger Harper
Top Selling Agent - Lynda Haraway
Top Listing Team - Emily Willetts Team
Top Selling Team - Dennis and Penny Krueger Team

Onslow/Pender Offices
Top Listing Agent - Jenna Morton
Top Selling Agent - Christina Pitz
Top Listing Team - Roger Mitchell Team
Top Selling Team - Roger Mitchell Team

Hampstead Office
Top Listing Agent - Janeise Collins

Leland Office
Top Listing Agent - Karen Schwartz
Top Selling Agent - Karen Schwartz

South Brunswick Office
Top Listing Agent - Jerry Arnette
Top Selling Agent - Monroe Enzor
Top Listing Team - Scott Haigler and Jeanette Haigler Team
Top Selling Team - Scott Haigler and Jeanette Haigler Team

Top New Home Sales Associate
Justin Ash

October 2010 OVERALL TOP PRODUCERS
Roger Mitchell
Kay Baker
Alex Paen
Jack Gale
Christina Pitz
Dennis and Penny Krueger
Lynda Haraway
Anna Garcia
Chris Baynes
Chuck Lukoski

Flapjack Fundraiser to Benefit Cape Fear Habitat for Humanity

2010-11-10T08:30:00.001-05:00

Saturday, December 4, 2010, Coldwell Banker Sea Coast Realty is holding a Flapjack Fundraiser at the Applebee's Neighborhood Bar & Grill on 1113 New Pointe Blvd. in Leland, NC. From 7:30am to 10:00am, Applebee's will be serving up short stacks of pancakes for a TALL cause.

All proceeds from this event will go to build a Cape Fear Habitat for Humanity home sponsored by Coldwell Banker Sea Coast Realty. The home is already well underway in Wilmington, NC, but we still need your support!

Tickets are just $7 each, so round up your friends and family and fill your bellies with flapjacks for a good cause.

To purchase tickets or for more information, call Sea Coast Realty's Leland, NC office at (910) 371-1181 or toll free 1-866-508-1181.

Wilmington's 2010 Turkey Trot

2010-11-09T08:45:00.001-05:00

Join Cape Fear Habitat for Humanity for the 2010 Turkey Trot.

Thanksgiving Morning
November 25, 2010
The Loop at Wrightsville Beach Park

You can take part in the Turkey Trot around the Loop (2.4 miles) or Gobbler Family Fun Walk (1 mile).

Registration/Check-in begins 7:30 am and the Run/Walk begins 8:30 am.

The entry fee for Walkers is $15. Runners can register in advace for $20 or register on-site the day of the Turkey Trot for $25. Children 10 & under walk/run free.

Proceeds from this event benefit Cape Fear Habitat for Humanity. Visit the event website at WilmingtonTurkeyTrot.com.

Need more information? Call 910-762-4744 ext. 100 or email info@capefearhabitat.org.

Appliance Buying Guide: Washing Machines

2010-11-07T16:03:00.002-05:00

Article From HouseLogic.com 

By: Douglas Trattner 

Published: August 28, 2009 

Confidently purchase a new washing machine that makes sense for your particular budget and level of green-mindedness.

Thanks to tougher federal guidelines, clothes washers have never been more energy efficient. Simply replacing a more than 10-year-old washer with a new Energy Star-approved model will save about $135 per year off water and utility bills, says Energy Star. Similarly, buying an Energy Star-qualified model rather than a non-qualified model will save you an average of $50 a year on your utility bills. Over the life of your new washer, you'll save enough money to pay for the matching dryer.

But not all washers are created equal. To capitalize on those improved efficiency ratings, you'll have to bypass the least expensive machines, which lack Energy Star approval, in favor of higher efficiency top- and front-load models.

Cost range: $300-$1,000 and up

Likely additional costs: Delivery, installation, haul away

Average life span: 12-14 years

Type: The modern clothes washer comes in three basic types: conventional top-loading, high-efficiency top-loading, and front-loaders, which are all categorized as highly efficient. Not surprisingly, each category is blessed with its own set of positive and negative attributes. Choosing one over another often comes down to your budget, convenience, and appetite for energy efficiency.

CONVENTIONAL TOP LOADERS
If you're looking for clean clothes at a budget price, conventional top-loading washers are impossible to beat. With models starting under $300, it's easy to see why these types remain the most popular. Price isn't the only thing these appliances have going for them. They get clothes reliably clean and do so in about half the time of high-efficiency top- and front-load models.

Energy efficiency: Because the bulk of a washing machine's energy consumption goes to fuel the home's hot water heater, any reduction in water usage is a good thing. Sadly, these top loaders are the thirstiest in the bunch, gulping down about 40 gallons a cycle, roughly double that of high-efficiency types. Yearly operating costs (energy and water) for these models are about $41 if you use an electric water heater; $22 with gas heaters, according to EnergyGuide labels.

If you plan on using the appliance for at least five years, it likely pays to upgrade to an Energy Star-approved washer. You'll save about $50 per year on utility bills compared with a new non-Energy Star model, according to Energy Star, or roughly $650 over the life of the machine.

Performance: Because conventional top-loaders use a large central agitator to clean clothes, these machines generally have smaller capacities. And while they get clothes reliably clean, they are tougher on fabric, shortening the life of items more so than other machines.

Reliability: These machines have more moving parts than the other configurations. What they lack is sophisticated electronics and controls. The upshot: You may experience more repairs, but those repairs are generally easier, cheaper, and quicker to remedy.

HIGH-EFFICIENCY TOP LOADERS
These washers combine the increased water and energy efficiency of a front-loader with the convenience of a top-loader. You can expect to pay considerably more for these types over conventional top-loaders, however, with most models in the $700 to $900 range.

Energy efficiency: Because these machines don't fill with water like conventional top-loaders, they use about half the water and, thus, energy. Consumers can expect to see average yearly operating costs in the $20-$30 range for electric water heaters and about $17 for gas. The latter figure nearly approaches the efficiency of a front-loader. Also, thanks to super-fast spin cycles, clothes don't take as long to dry in the dryer.

Performance: Because they lack a large central agitator, these machines boast some of the roomiest capacities of all washers. That design also makes them gentler on clothing, eliminating much of the twisting and tugging that occurs in conventional washers. But depending on the make and model, that design can also decrease clothes-cleaning ability.

Reliability: Early adopters often suffer for the rest of us, and that may be true for some who invest in these machines. As the newest entry into the washer category, high-efficiency top loaders may experience more repair issues than more established machines. When they do, it's often owing to the high-tech electronics that control them.

FRONT LOADERS
Front-loading washers continue to enjoy increased market share thanks to an earned reputation for high performance, efficiency, and style. Their unique design allows them to be fully integrated into a laundry room, fitting snugly under countertops and into cabinetry. In return, you'll have to spend north of $750 for reliable brands.

Energy efficiency: There's no question these appliances use the least water and energy. Many boast annual operating costs as low as $14 with electric water heaters and $11 with gas, making them three times as cheap to run as non-Energy Star top-loaders. And like high efficiency top-loaders, these models employ high-speed spin cycles that significantly shorten dry times.

Performance: Most front-load washers clean clothes better and do so more gently than any other type of machine. Their agitator-less configuration means bulky items are a snap to load. But it can't all be good, right? To eke out that efficiency, front-loaders require the longest wash cycles. It can take more than an hour to wash a load in one of these machines versus about half that in a conventional one. (Still, because they use less water and therefore less energy to heat the water, they're particularly efficient.)

Reliability: Like high-efficiency top loaders, front loaders almost always employ sophisticated electronics and push-button control panels. These can be difficult and costly to repair when they fail. The major difference, however, is that these machines have been around long enough to work out most of the kinks.

Additional features
All but the least expensive washers on the market offer multiple cycles that allow you to tailor the wash to the type of clothes and/or level of grime. For those sensitive to detergent and bleach, it may be worthwhile to upgrade to a model that offers an "extra rinse" feature. Found on many moderately priced machines, the process does a better job removing cleaning agents.

Some features, like steam cleaning, may or may not be worth the money. Although reviews show that the deep-cleaning booster does a great job removing stains, the convenience can add hundreds to the price of a washer.

One of the biggest complaints regarding front-load washers is the bending required. For some homeowners, the inconvenience is enough to warrant the purchase of a pedestal that not only raises the machine, but also provides additional storage. These accessories can add $200 or more to the price.

Designer colors have finally reached the laundry room, transforming drab white units into vibrantly hued machines. But be forewarned that those arresting red, blue, and metallic silver finishes will add hundreds to the tab.

Expected maintenance/repairs: Frequently check washing machine hoses for leaks and cracks. They may need to be replaced every few years. Always make sure the washer is perfectly level, adjusting whenever it isn't. Owing to their particular design, front-loaders require more maintenance than other washer types. They all possess watertight door seals that can trap unwanted moisture and lead to unpleasant odors. Leaving the door open between loads and routine wipe-downs may be necessary. Washers with porcelain tubs rather than plastic or stainless steel can chip and corrode. Motors and drives can fail. Electronics and circuitry can go on the fritz.

Where and when to shop: It's best to shop at a retail appliance store where the staff understands the product. A conscientious salesperson will guide you to a model that doesn't exceed your needs and thus saves money. Also opt for a store that offers delivery, installation, and haul away-you may be able to negotiate the transport and install into the cost of the appliance.

Because appliances don't adhere to a model year like automobiles, there's no "best time" to buy. Always keep a look out for sales, specials, and tax rebates (especially for energy-efficient models). And use sites like BizRate, PriceGrabber, Shopping.com, and Shopzilla.com to compare prices.

Finally, some appraisers say new appliances are money well spent. In his market, Mike Neimeier, a residential appraiser in Cleveland, Ohio, says a homeowner is likely to recoup between 75%-90% of the cost of new appliances when reselling the home within a couple of years.

Douglas Trattner has covered household appliances and home improvement for HGTV.com, DIYNetworks, and the Cleveland Plain Dealer. During the 10-year stewardship of his 1925 Colonial, he's upgraded almost every household appliance. After lengthy deliberation, he recently replaced an aging top-load washing machine with an energy-efficient front-load unit.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Ladies Win Tim Milam at Celebrity Auction

2010-11-05T16:28:00.005-04:00

A bevy of ladies from Coldwell Banker Sea Coast Realty pooled their pocketbooks at the Hot Dress, Hot Date! holiday fashion show and auction last night and won their boss, Sea Coast Realty president Tim Milam.

A silent auction was held for area bachelors. However, things were anything but silent for the auctioning of Milam and two other celebrity married men!

Milam was the first husband up for bid. Those present report that he strutted down the runway in a tuxedo with a model on his arm. "There was a lot of whooping and hollering when Tim walked out," said one of his buyers.

A group of ladies from another Wilmington real estate firm placed the first bid on the Sea Coast president. Reports say that they thought it would be a funny to win Milam and have him work at their company for the day. Little did they know that the enterprising women from Sea Coast Realty had a plan.

Instead of bidding on Milam individually, the group pooled their funds. In addition to the Sea Coast ladies that came from Wilmington-area offices, a group of 10 ladies from Sea Coast Realty's Jacksonville, NC office arrived ready to bid on the boss. Their efforts were supplemented with a collection taken up around the Wilmington office earlier that day. The Sea Coast Realty ladies won lunch with Milam for $800.

"The other two celebrity auction winners went in the $200 range, so Tim dominated the market," exclaimed Carolyn Thomason, Milam's executive assistant. The group decided to give their lunch with Tim as a gift to his wife Vicki.

"I am a lucky man to have so many people who care about me and are always doing something nice for someone," said Milam. He added that Girls, Inc. is a great cause and he was glad that he and Coldwell Banker Sea Coast Realty were able to help the organization.

Girls, Inc. offers programs designed to help New Hanover County girls reach their full potential by becoming educated, responsible, community-minded leaders.

Appliance Buying Guide: Refrigerators

2010-11-05T15:49:00.003-04:00

Article From HouseLogic.com 

By: Douglas Trattner 

Published: August 28, 2009 

When you buy a new refrigerator, arm yourself with the facts, so you'll be sure to make the right decision for your budget and space needs.

All refrigerators keep food cold. The major differences lie in the configuration, dimensions, and features. What particular model works best for you often comes down to size, budget, style, and energy efficiency. In terms of efficiency, Energy Star-qualified refrigerators are required by the U.S. Department of Energy to use 20% less energy than other models. A qualified fridge can curb your energy bills by $165 over the lifetime of your fridge, says Energy Star, roughly $9-$12 a year.

Cost range: $450-$2,000 and up

Likely additional costs: Delivery, installation, haul away, water line hookup for ice maker

Average life span: 14-17 years

Size: Because there are numerous refrigerator styles, each requiring specific footprints, door clearances, and height and width allowances, the place to start your search is in your kitchen. Take careful measurements of the space, including height, width, depth, and distance to nearby obstructions. "Pay special attention to upper-cabinet height," says Anita Wiechman, a Certified Kitchen and Bath Remodeler with Omaha's The Interior Design Firm (http://www.idfomaha.com/). "Many of today's fridges are taller than they used to be."

Type: Fridges come in three main configurations: side-by-side, top-mounted freezer, and bottom-mounted freezer, which includes the newer French door style-two opposing half doors.

TOP-MOUNTED FREEZER
The most economical fridges are the top-mounted freezer models. These largely basic machines offer the most storage capacity for the money, with models falling in the $500 to $700 range. If you're tall, especially, you may not appreciate bending over every time you need something from the more heavily trafficked fridge.

Energy efficiency: What these models lack in convenience they make up for in energy efficiency. Compared with side-by-side fridges, even those bearing the Energy Star (http://www.energystar.gov) seal, top-mounted fridges consume about 10%-25% less electricity thanks to their straightforward design. The difference can add up to about $14 per year.
Reliability: As an added bonus, fridges in this class require the fewest repairs. Their basic design, coupled with the fact that few if any are outfitted with troublesome water dispensers give them solid reliability ratings as a class. The most likely component to cause trouble is the automatic ice maker.

BOTTOM-MOUNT FREEZER
Bottom-mount freezers, including the popular French door style, are near the top of the fridge price pyramid. Both the single-door and French door configurations offer the convenience of a fully accessible upper fridge compartment above a roomy pull-out drawer freezer. Most bottom-mount freezers start at $1,000 and climb from there. French door models start at around $1,200 and climb even higher.

Energy Efficiency: Like top-mounts, bottom-freezer models are among the most energy efficient in the group. Typical Energy Star models consume 16% less energy than their side-by-side Energy Star counterparts, saving you more than $15 per year, estimating 11 cents per kilowatt hour. Although considered bottom-mounts, French door-style fridges behave more like side-by-sides when it comes to efficiency. Having two doors where there's normally one decreases overall efficiency, raising average annual operating costs by about $10.

Reliability: According to Consumer Reports (http://www.consumerreports.org), bottom-freezer types tend to experience more repair issues than top-freezer models, particularly in units with automatic icemakers.

SIDE-BY-SIDE
Because side-by-side fridges feature a pair of tall, slender doors, they require much less door-swing clearance, making them a good choice for tight spaces. These models also offer equally convenient access to portions of both the freezer and the fridge, making them a good compromise between top freezers and bottom freezers. Expect to pay between $1,000 and $1,500 for most models.

Those narrow doors may save clearance space, but you'll have to sacrifice horizontal shelf space in return, especially in the freezer. The slender compartment means that wide items like pizza boxes and sheet pans likely won't fit.
Energy Efficiency: Side-by-side fridges consume more electricity than both top- and bottom-mount configurations (discounting French). Most Energy Star models cost approximately $60 per year to run compared with roughly $45 for those in the other categories.

Reliability: Because it's difficult to find a side-by-side fridge without a through-the-door water-and-ice dispenser, these models tend to suffer more repairs. These components have a less than stellar track record. Worse, the dispensers can increase the appliance's energy consumption by as much as 20%.

Features
As with most appliances, more features correlate to a higher price. You'll pay a little more for adjustable shelves, conveniently placed compartments, and fully extending bins and baskets. You'll also shell out more for sleek designs and stainless steel. In most cases, you won't have to pay extra for well-lit interiors, easy-access temperature controls, and reasonably quiet operation.

Top-of-the-line models with individually controlled crisper drawers, digital fingertip controls, and whisper-quiet operation will cost you well above $2,000.
Expected maintenance/repairs: The fan and condenser coils on the rear of the machine need to be vacuumed periodically. Door seals should be checked for tightness and replaced when loose, cracked, or torn. Water filters may need replacing. Icemakers are notorious for needing repair. The compressor can blow, requiring replacement.

Where and when to shop: It's best to shop where salespeople truly understand the product, such as an independently operated retail appliance store. Shoppers at big box stores may find themselves dealing with an employee from another department. Also, independent shops may have more latitude to offer free delivery, installation, and haul away.

Because appliances don't adhere to a model year like automobiles, there's no best time to buy them. Always keep a look out for sales, specials, and tax rebates (especially for energy-efficient models). And use sites like BizRate, PriceGrabber, Shopping.com, and Shopzilla to compare prices.

Finally, some appraisers say new appliances are money well spent. In his market, Mike Neimeier, a certified residential appraiser in Cleveland, Ohio, says a homeowner is likely to recoup between 75% to 90% of the cost of new appliances when reselling the home within a couple of years.

Douglas Trattner has covered household appliances and home improvement for HGTV.com, DIYNetworks, and the Cleveland Plain Dealer. During the 10-year stewardship of his 1925 Colonial, he's upgraded almost every household appliance. After lengthy deliberation, he recently replaced an aging top-load washing machine with an energy-efficient front-load unit.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Local Realtors Raise Funds for Cape Fear Habitat for Humanity

2010-11-04T09:21:00.005-04:00

Real estate professionals with Coldwell Banker Sea Coast Realty hosted a rummage sale fundraiser for Cape Fear Habitat for Humanity on Saturday, October 30, 2010. The sale raised $1,052 that will go toward Sea Coast Realty’s sponsorship of a Habitat home in Wilmington, NC.

The rummage sale was held at the Coldwell Banker Sea Coast Realty office located at 8821 E. Oak Island Drive in Oak Island, NC. Realtors from Sea Coast Realty’s offices in Oak Island and Southport, NC donated items for the sale. Their friends and family pitched in by donating more items for the sale. “We also had several local businesses donate different items that we sold raffle tickets for,” said Chloe Grant, Broker in Charge of Sea Coast Realty’s Southport office.

Coldwell Banker Sea Coast Realty would like to thank everyone who attended or made donations to the sale for their support. The sale was originally scheduled to take from 7:00 AM to 11:00 AM, but Realtors had so many items that they stayed until 4:00 PM to sell the wealth of items.

By sponsoring a Habitat for Humanity home, Coldwell Banker Sea Coast Realty is committed to providing $60,000 in financial support and volunteer labor each week of the home build. This marks the fourth Habitat for Humanity home that Sea Coast Realty has been involved with. “It is an experience our agents and staff really enjoy,” said Sea Coast Realty president Tim Milam. “It involves great fellowship and really builds camaraderie, while helping a homeowner to get a leg up.”

Cape Fear Habitat for Humanity is one of 76 Habitat for Humanity affiliates in North Carolina and is a 501 (c) 3 non-profit organization. To date, it has completed 116 homes in our area. For more information about Cape Fear Habitat for Humanity, please visit capefearhabitat.org.

For more than a decade, Coldwell Banker Sea Coast Realty has been southeastern North Carolina’s largest and best-selling real estate company. It operates ten offices with more than 325 sales associates and staff in New Hanover, Brunswick, Pender, & Onslow counties. For more information, please visit SeaCoastRealty.com.

Photo courtesy of Bobbi Diaz-Welch.

Appliance Buying Guide: Dishwashers

2010-11-03T15:37:00.002-04:00

Article From HouseLogic.com 

By: Douglas Trattner

 Published: September 01, 2009 

When you buy a dishwasher, hone in on the model that's right for you by considering your needs: size, fit, features, and performance.

"Almost every dishwasher on the market will wash dishes better, do so more quietly, and use a fraction of the water and energy than the one being replaced," says Don Cochran of Babin Building Solutions in Bedford Heights, Ohio. Because 80% of a dishwasher's energy consumption goes to heating the water, any reduction in the amount of water used saves money. Replace a pre-1994 dishwasher with an Energy Star model and you'll save $40 per year on your utility bills, says Energy Star.

Cost range: $250-$1,000 and up

Likely additional costs: Delivery, installation, and haul away

Average life span: 10-13 years

Size and fit: Because there are so many dishwashers on the market, pare down choices according to specific criteria. Size and fit is a great place to start. Common dishwasher widths include 18" and 24", so measure your current appliance to see what size to shop for. Also, dishwasher heights can range from 32 to 34.5 inches, so make sure the new one doesn't exceed the height of the cabinet opening. Kitchen floors that have been updated with tile, laminate wood, and even vinyl can affect the fit of the new machine.

Most dishwashers are mounted to the underside of countertops, making those models a poor choice for solid surfaces like granite, quartz, and concrete. In those cases, choose an appliance that gets anchored to side cabinets.

Noise: New dishwashers are considerably less noisy than those made just five years ago, thanks to improved insulation. But for the quietest appliances on the market, expect to pay a premium of $500 and up. A far less expensive alternative is the delay wash setting, which can start the machine after your family has gone to bed. This feature is on all but the most inexpensive models.

Appearance: Will you be matching existing appliances or making a change to something new? It's easy enough to match "appliance white," a standard color, but few stainless steel finishes are identical, says Cochran. To do so may require sticking with a particular brand. You can expect to pay a premium of $150 for a stainless dishwasher.

You'll also pay about $150 more for a stainless tub, the interior liner of the machine. The upgrade is a purely cosmetic one, notes Cochran, as a plastic tub may discolor over time but it will rarely fail.

Completely hidden controls are another popular aesthetic upgrade. The control panels sit on a portion of the door that's invisible when closed. Expect to pay at least $600 for models with this design.

FEATURES AND PERFORMANCE

Energy efficiency: Energy Star-qualified models use 31% less energy and 33% less water than conventional machines. Energy Star-qualified dishwashers today are required to use 5.8 gallons of water per cycle or fewer, down from the 6 to 10 gallons per cycle in 2000. The good news is that most dishwashers on the market now bear the Energy Star stamp of approval, and you need not pay a premium to purchase one.

Racks: Although unnecessary, adjustable racks, tines, and silverware storage can be useful when washing oversize or unusually shaped items. Adjustable racks are on all but the most basic models, but for truly customizable interiors, you'll have to spring for pricier machines.

Cycles: Even the most basic dishwashers come with multiple wash cycles. Shorter cycles can save water and energy when washing average loads, while longer settings can be reserved for more heavily soiled ones. Beyond that, there seems to be no end to available cycle options. Sanitary wash cycles raise the heat, killing more than 99% of bacteria. Glass cycles can speedily clean a rack of dirty glasses. Some models even have a variable-speed motor that increases pressure for pots and pans and decreases it for delicate china. Consider your need; these additional features raise the price and are rarely used.

Sensors: Soil, or "turbidity," sensors are becoming more common on midrange dishwashers. They measure the clarity of the water and then shorten or lengthen all cycles accordingly. Models boasting this technology are available for as little as $350 to $400 (though the folks at Consumer Reports (http://www.consumerreports.org) say you'll need to go higher to get units that also offer better noise reduction and other features.)

Drying: Almost every dishwasher comes with a heated dry option, which speeds along the dish-drying process. If you're energy conscious, look for machines that allow you to disable (or simply not activate) that feature. Doing so can reduce the machine's electricity consumption by 15% to 50%, according to the California Energy Commission (http://www.energy.ca.gov/).

Expected maintenance: In some models, filters need to be cleaned periodically. A hose may leak and door hinges can loosen or fail, all of which require tightening or replacement. A broken door latch will cause the machine to stop working. The part may need to be replaced.
Where and when to shop: Babin Building Solution's Cochran says to only shop at a retail appliance store where the staff understands the product. A conscientious salesperson will guide you to a model that doesn't exceed your needs and thus saves money. Also opt for a store that offers delivery, installation, and haul away-you may be able to negotiate transport and install into the cost of the appliance.

Because appliances don't adhere to a model year like automobiles, there's no "best time" to buy them. Always keep a look out for sales, specials, and tax rebates (especially for energy-efficient models). And use sites like BizRate, PriceGrabber, Shopping.com, and Shopzilla to compare prices.

Finally, some appraisers say new appliances are money well spent. In his market, Mike Neimeier, a residential appraiser in Cleveland, Ohio, says a homeowner is likely to recoup between 75%-90% of the cost of new appliances when reselling the home within a couple of years.

Douglas Trattner has covered household appliances and home improvement for HGTV.com, DIYNetworks, and the Cleveland Plain Dealer. During the 10-year stewardship of his 1925 Colonial, he's upgraded almost every household appliance. After lengthy deliberation, he recently replaced an aging top-load washing machine with an energy-efficient front-load unit.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Sea Coast President Hits Auction Block for Girls, Inc.

2010-11-02T08:30:00.004-04:00

Coldwell Banker Sea Coast Realty president Tim Milam will be just one of the local celebrities auctioned off at Hot Dress, Hot Date!, a holiday fashion show and auction to benefit Girls, Inc.

The event will be held Thursday, November 4, 2010, 6:00 PM to 9:00 PM at the Coastline Conference & Expo Center in Wilmington, NC. Tickets are still available for the event. Tickets are $30 for an individual ticket or $250 for a group of 10 tickets. Ticket prices include food and drink tickets. Tickets are not available at the door. To pre-register for your tickets, call 910-343-8600 ext. 201 or click here.

The fashion show portion of the event will feature eight female local celebrities, including Livian Jones, Mary Margaret Latham, Catherine Lea, Saundrea Lee, Ashley Miller, Margaret Robison, Heather Setzler, and Barbara Weetman.

The auction portion of the event will give attendees the chance to bid on lunch on the town with three married male local celebrities and five of Wilmington’s hottest bachelors. Milam is among the three married men up for auction. His wife can rest easy though. WILMA Nights, the organizer of the event, is quick to note that the highest bidders aren’t entitled to anything more than lively conversation over lunch. Other married men up for auction include Shann Coleman and Bo Dean. Bachelors on the auction block include Adam Freeman, Dutch Hawk, Craig Melville, Bryan Metzger, and Chris Wilkerson.

Girls, Inc. offers programs designed to help New Hanover County girls reach their full potential by becoming educated, responsible, community-minded leaders.

Appliance Buying Guide: Ranges

2010-11-01T15:30:00.004-04:00

Article From HouseLogic.com 

By: Douglas Trattner 

Published: January 15, 2010 

When deciding on a new range, here's what you'll need to know about features, style, price, and performance.

Most ranges do a fine job of boiling water, baking cookies, and roasting the holiday bird. The major distinguishing factor will be whether the one you buy does so using gas or electricity. In general, a gas range with electronic ignition (instead of a gas-fired pilot light) can cost up to 50% less to operate than an electric model, depending on the price of utilities in your area.

Because there's very little difference in energy consumption among ranges, these appliances aren't required to bear EnergyGuide labels, nor are they included in the Energy Star program. Other than by fuel type, homeowners typically select ranges based on budget, ease of cleaning, appearance, and performance.

  Cost range: $350-$2,000 and up
  
Likely additional costs: Delivery, installation, haul away, gas line hookup, or electrical outlet installation if none exists  

Average life span: 11-15 years  

Gas or electric: "When a customer comes in for a new range, the first question I always ask is 'Gas or electric?'" says Lenny Kaminski, sales manager at B & B Appliances, an 85-year-old retailer in Cleveland. Typically, it's the home rather than the homeowner that will make this decision. Buyers who have a natural gas line in the kitchen will inevitably purchase a gas-powered range, while those without choose electric.  

The one major exception is when a kitchen is undergoing a major remodel, allowing a homeowner to switch to gas with relative ease (assuming the house has a main line). Electric ranges typically require a dedicated 220-volt outlet.

  Size: The standard width of a residential range is 30 inches. Those boasting side-by-side ovens and high-end "commercial-style" models can extend to 36, 40, and even 48 inches wide. However, smaller 20- and 24-inch models are available for kitchens short on space. The oven compartment on a standard-size range is 5 cubic feet, large enough to cook a 30-pound turkey.  

Ease of cleaning: All but the least expensive electric ranges now feature smooth, ceramic glass cooktop designs rather than traditional coil burners, making them easy to clean. The jump from entry-level coil-burner electric ranges to those with smooth tops is roughly $150. Sealed-burner designs are present on almost all gas ranges and are relatively easy to clean.  

Self-cleaning ovens are standard, appearing in models starting as low as $350.  

Convection: One of the first major upgrades a buyer often makes, says Kaminski, is choosing an electric or gas range with convection heat. With convection, an internal fan circulates the hot air throughout the oven compartment, improving heat distribution and generally reducing cook times. Many home and professional cooks swear by the technology. Customers can count on spending an additional $200 to get the feature.  

Burner quantity and type: The standard quantity of burners on a typical range is four, but buyers need not stop there. Stepping up to a mid-range gas or electric stove often comes with an additional fifth burner. Depending on the make and model, that burner could be an ultra-low "melting" burner or a centrally placed oval burner that accommodates griddle pans.  

Likewise, a "bridge" burner is a smaller element located between two larger ones that, when on, creates one large heating element ideal for griddles and roasting pans. Five-burner ranges generally start around $800.  

Burner performance: "BTUs absolutely affect performance, with some of the higher-powered burners boiling a pot of water in half the time of standard one," says Kaminski. Both electric and gas burners have gotten more powerful over the years, offering increased performance at a relatively modest extra charge.  

While 9,000 BTUs is standard, so-called "power" burners can climb up to 15,000 BTUs. Conversely, ultra-low "simmer" burners prevent stove-top scorching thanks to their scaled-back BTU output. Expect to pay around $200 extra for these well-equipped appliances.  

Going pro: Avid home cooks--or those who follow current trends--often prefer the look and feel of a commercial-style range. Like the restaurant appliances they emulate, these residential versions boast ultra-high-powered burners, multiple large-capacity ovens, and convenient grill/griddle inserts.

  Homeowners should expect to pay between $4,000 for a 30-inch unit up to $10,000 for a top-of-the-line 48-inch model. Likely additional expenses will include the installation of an equally high-powered exhaust hood and possibly some enhanced structural support.  

Warming drawer or extra oven: Many contemporary ranges replace the conventional lower-level storage drawer with either a smaller second oven or a warming drawer. A variable-temperature warming drawer is ideal for keeping prepared food hot or warming chilly dinner plates. Expect models with this feature to start in the $1,000 range.  

Second ovens, even the smaller ones that take the place of the storage drawer, can be very useful when cooking multiple items. Though shorter than the main compartment, the additional oven easily accommodates casseroles, cookie sheets, and platters. Configurations are available that position the smaller oven above or below the main compartment. Models start at $1,200.  

Additional useful features: Temperature probes that monitor the progress of cooking items ensure the turkey will never again be overcooked and dry. Unfortunately, the technology doesn't appear on many models under $1,300. Battery-powered countertop probes, in contrast, sell for only $30. Smooth-glide oven racks, porcelain-coated racks and grates, and halogen lighting all make the cooking process less of a chore. The question is whether the additional hundred dollars each is worth it.

  Expected maintenance/repairs: Oven bulbs will need to be changed periodically. Coil-style electric burners often fail, but they're easily replaced for around $30. Glow coils that ignite gas ovens can fail, requiring a $50 part plus labor. More costly is a cracked glass top on a smooth-top electric range, which can cost $250 to replace. Electric control panels, while reasonably reliable, can cost up to $250 plus labor to repair.  

Douglas Trattner has covered household appliances and home improvement for the Cleveland Plain Dealer, DIYNetworks, and HGTV.com. During the 10-year stewardship of his 1925 Colonial, he's upgraded almost every household appliance. After lengthy deliberation, he recently replaced an aging top-load washing machine with an energy-efficient front-load unit.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Appliance Buying Guide: Water Heaters

2010-10-31T08:00:00.001-04:00

Article From HouseLogic.com 

By: Joe Bousquin 

Published: June 14, 2010 

When it's time to replace your water heater, you'll find a wide array of high-efficiency models offering big energy savings.

Since hot water accounts for as much as 25% of your home's energy use, when your water heater dies, the replacement you choose will have a big impact on your monthly bills. New technologies make many of today's models far more energy efficient than that old tank you're getting rid of. Some of the greenest options are tankless units that heat water on demand, but even conventional water heaters--the classic metal cylinders that are by far the most popular in the U.S.--have gotten less expensive to operate.

Water heater basics
Most households need a 50-gallon tank, according to Jeff Haney, a product manager at manufacturer Rheem. That'll cost $900 to $2,000, installed, depending on which model you choose. Your plumber will put it where the old tank was, with the cold water supply pipe attached at the bottom of the tank and a hot water outlet pipe on top.  

Inside the tank, a thermostat constantly assesses the water temperature and fires up a heating mechanism when it falls below the desired setting (120 degrees is standard). When you turn on a hot water tap, heated water flows from the tank and gets replaced by more cold water from the supply line below.  

To do this work, water heaters use electricity, oil, or natural gas. Choosing a new water heater that uses the same fuel type as your old unit is the easiest way to keep replacement costs down, says contractor Andy Wargo of Marcellus, N.Y.

What to look for on the label
Within each fuel type, you'll find a range of models and price points. To compare, look for these key differences, marked right on the label:

First Hour Rating is a measure of how many gallons the unit can produce in one hour (which is more than its tank capacity since it starts making more hot water as soon as you draw some out). With the average shower using 20 gallons of water, a shave using a couple more, and washing breakfast dishes another 5 to 10, a busy family might need an FHR of 60 to 70 gallons to handle the morning rush. Your plumber can help you analyze your needs.  

Energy Factor tells you how efficiently the unit operates. The higher the number, the more efficient the unit, and the less it will cost to run. In 2010, the highest EF units qualify for a 30% federal tax credit up to $1,500 for the purchase price and installation costs--as well as state credits and local utility rebates.

Check the Database of State Incentives for Renewables and Efficiency for local details.  

Here's a breakdown of your basic water heater options from the American Council for an Energy-Efficient Economy:

Water Heater Type	Installed Cost	Yearly Energy Cost	Life (years)	Total Cost (over 13 Years)
Conventional gas	$850	$350	13	$5,394
High-efficiency gas	$1,025	$323	13	$5,220
Conventional electric	$750	$463	13	$6,769
High-efficiency electric	$820	$439	13	$6,528
Conventional oil [there are no high-efficiency oil options at this time]	$1,100	$230	8	$4,777

High-efficiency options
Three types of tank heaters are eligible for the federal tax credit: high-efficiency gas, gas condensing, and electric heat pumps. Ask for a Manufacturers Certification Statement from your retailer. If it doesn't provide one, the model doesn't qualify.  

High-efficiency gas storage: These are just like standard gas water heaters, but with more efficient burners, better insulation, and other upgrades that make them about 7.5% more efficient, saving the average household about $30 a year. Costs for high-efficiency gas tank water heaters start around $850 (about $175 more than a conventional gas tank unit), plus around $200 for installation (the same as a conventional unit). As long as it has an EF rating of 0.82 or higher, it qualifies for a 30% tax credit in 2010.  

Gas condensing: To achieve even higher efficiency, these systems vent the exhaust from the gas burner back through a closed system of coils inside the tank, allowing the water to absorb heat that would otherwise escape up the chimney, explains Potomac, Md., contractor Jay Irwin. That makes them about a third more efficient than conventional tanks, for savings of about $100 a year for a typical household. Energy Star models, which will hit the market in mid-2010, have an EF of at least 0.8 and qualify for the 30% tax credit in 2010.  

Gas condensing units are expensive--around $1,600. And because they produce condensation as the exhaust cools, they need a special drain to discharge the runoff, pushing installation costs up to around $400.  

Electric heat pumps: Heat-pump models work like air conditioners, by pulling heat out of the surrounding air. But rather than exhausting the heat outside like an air conditioner, they concentrate it and pump it into the water tank. As a result, they use 55% less energy than traditional electric water heaters and qualify for the tax credit in 2010 if they have a minimum EF rating of 2.0. Since these utilize ambient heat in the air, they produce the biggest year-round energy savings in hot climates.  

You'll pay around $1,400, or three times what a conventional electric unit costs, but you could save $300 a year in energy costs, meaning it will pay for itself in about three years. Throw in the 30% federal tax credit, or $420, and you'll recoup your investment even faster.  

Joe Bousquin's work has appeared in the Wall Street Journal, Kiplinger's Personal Finance and Men's Journal. His 80-year-old home in Sacramento, Calif., has a conventional gas-fired water heater--for now.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

7 Tips for a Profitable Home Closing

2010-10-29T15:06:00.006-04:00

Article From BuyAndSell.HouseLogic.com 

By: G. M. Filisko 

Published: February 10, 2010 

Be sure you're walking away with all the money you're entitled to from the sale of your home.

When you're ready to close on the sale of your home and move to your new home, you may be so close to the finish line that you coast, thinking there's nothing left for you to do. Not so fast. It's easy to waste a few dollars here and for mistakes to creep into your closing documents there, all adding up to a bundle of lost profit. Spot money-losing problems with these seven tips.

1. Take services out of your name
Avoid a dispute with the buyers after closing over things like fees for the cable service you forgot to discontinue. Contact every utility and service provider to end or transfer service to your new address as of the closing date.  

If you're on an automatic-fill schedule for heating oil or propane, don't pay for a pre-closing refill that provides free fuel for the new owner. Contact your insurer to terminate coverage on your old home, get coverage on your new home, and ask whether you're entitled to a refund of prepaid premium.

2. Spread the word on your change of address
Provide the post office with your forwarding address two to four weeks before the closing. Also notify credit card companies, publication subscription departments, friends and family, and your financial institutions of your new address.

3. Manage the movers
Scrutinize your moving company's estimate. If you're making a long-distance move, which is often billed according to weight, note the weight of your property and watch so the movers don't use excessive padding to boost the weight. Also check with your homeowners insurer about coverage for your move. Usually movers cover only what they pack.

4. Do the settlement math
Title company employees are only human, so they can make mistakes. The day before your closing, check the math on your HUD-1 Settlement Statement.

5. Review charges on your settlement statement
Are all mortgages being paid off, and are the payoff amounts correct? If your real estate agent promised you extras-such as a discounted commission or a home warranty policy-make sure that's included. Also check whether your real estate agent or title company added fees that weren't disclosed earlier. If any party suggests leaving items off the settlement statement, consult a lawyer about whether that might expose you to legal risk.

6. Search for missing credits
Be sure the settlement company properly credited you for prepaid expenses, such as property taxes and homeowners association fees, if applicable. If you've prepaid taxes for the year, you're entitled to a credit for the time you no longer own the home. Have you been credited for heating oil or propane left in the tank?

7. Don't leave money in escrow
End your home sale closing with nothing unresolved. Make sure the title company releases money already held in escrow for you, and avoid leaving sales proceeds in a new escrow to be dickered over later.

Other web resources

Closing: steps to house-selling success

Closing costs explained

G.M. Filisko is an attorney and award-winning writer who has survived several closings. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

6 Tips for Choosing the Best Offer for Your Home

2010-10-27T14:59:00.002-04:00

Article From BuyAndSell.HouseLogic.com 

By: G. M. Filisko

 Published: February 10, 2010 

Have a plan for reviewing purchase offers so you don't let the best slip through your fingers.

You've worked hard to get your home ready for sale and to price it properly. With any luck, offers will come quickly. You'll need to review each carefully to determine its strengths and drawbacks and pick one to accept. Here's a plan for evaluating offers.

1. Understand the process
All offers are negotiable, as your agent will tell you. When you receive an offer, you can accept it, reject it, or respond by asking that terms be modified, which is called making a counteroffer.

2. Set baselines
Decide in advance what terms are most important to you. For instance, if price is most important, you may need to be flexible on your closing date. Or if you want certainty that the transaction won't fall apart because the buyer can't get a mortgage, require a prequalified or cash buyer.

3. Create an offer review process
If you think your home will receive multiple offers, work with your agent to establish a time frame during which buyers must submit offers. That gives your agent time to market your home to as many potential buyers as possible, and you time to review all the offers you receive.

4. Don't take offers personally
Selling your home can be emotional. But it's simply a business transaction, and you should treat it that way. If your agent tells you a buyer complained that your kitchen is horribly outdated, justifying a lowball offer, don't be offended. Consider it a sign the buyer is interested and understand that those comments are a negotiating tactic. Negotiate in kind.

5. Review every term
Carefully evaluate all the terms of each offer. Price is important, but so are other terms. Is the buyer asking for property or fixtures-such as appliances, furniture, or window treatments-to be included in the sale that you plan to take with you?  

Is the amount of earnest money the buyer proposes to deposit toward the downpayment sufficient? The lower the earnest money, the less painful it will be for the buyer to forfeit those funds by walking away from the purchase if problems arise.  

Have the buyers attached a prequalification or pre-approval letter, which means they've already been approved for financing? Or does the offer include a financing or other contingency? If so, the buyers can walk away from the deal if they can't get a mortgage, and they'll take their earnest money back, too. Are you comfortable with that uncertainty?  

Is the buyer asking you to make concessions, like covering some closing costs? Are you willing, and can you afford to do that? Does the buyer's proposed closing date mesh with your timeline?  

With each factor, ask yourself: Is this a deal breaker, or can I compromise to achieve my ultimate goal of closing the sale?

6. Be creative
If you've received an unacceptable offer through your agent, ask questions to determine what's most important to the buyer and see if you can meet that need. You may learn the buyer has to move quickly. That may allow you to stand firm on price but offer to close quickly. The key to successfully negotiating the sale is to remain flexible.

G.M. Filisko is an attorney and award-winning writer who has survived several closings. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

6 Reasons to Reduce Your Home Price

2010-10-25T14:53:00.004-04:00

Article From BuyAndSell.HouseLogic.com 

By: G. M. Filisko 

Published: March 19, 2010 

While you'd like to get the best price for your home, consider our six reasons to reduce your home price.

Home not selling? That could happen for a number of reasons you can't control, like a unique home layout or having one of the few homes in the neighborhood without a garage. There is one factor you can control: your home price.

These six signs may be telling you it's time to lower your price.

1. You're drawing few lookers
You get the most interest in your home right after you put it on the market because buyers want to catch a great new home before anybody else takes it. If your real estate agent reports there have been fewer buyers calling about and asking to tour your home than there have been for other homes in your area, that may be a sign buyers think it's overpriced and are waiting for the price to fall before viewing it.

2. You're drawing lots of lookers but have no offers
If you've had 30 sets of potential buyers come through your home and not a single one has made an offer, something is off. What are other agents telling your agent about your home? An overly high price may be discouraging buyers from making an offer.

3. Your home's been on the market longer than similar homes
Ask your real estate agent about the average number of days it takes to sell a home in your market. If the answer is 30 and you're pushing 45, your price may be affecting buyer interest. When a home sits on the market, buyers can begin to wonder if there's something wrong with it, which can delay a sale even further. At least consider lowering your asking price.

4. You have a deadline
If you've got to sell soon because of a job transfer or you've already purchased another home, it may be necessary to generate buyer interest by dropping your price so your home is a little lower priced than comparable homes in your area. Remember: It's not how much money you need that determines the sale price of your home, it's how much money a buyer is willing to spend.

5. You can't make upgrades
Maybe you're plum out of cash and don't have the funds to put fresh paint on the walls, clean the carpets, and add curb appeal. But the feedback your agent is reporting from buyers is that your home isn't as well-appointed as similarly priced homes. When your home has been on the market longer than comparable homes in better condition, it's time to accept that buyers expect to pay less for a home that doesn't show as well as others.

6. The competition has changed
If weeks go by with no offers, continue to check out the competition. What have comparable homes sold for and what's still on the market? What new listings have been added since you listed your home for sale? If comparable home sales or new listings show your price is too steep, consider a price reduction.

More from HouseLogic

How to ready your home for sale at little cost

How to review offers on your home

Other web resources

Setting the right price

G.M. Filisko is an attorney and award-winning writer who made strategic price reductions that led to the sale of a Wisconsin property. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Keep Your Home Sale from Falling Apart

2010-10-23T14:46:00.001-04:00

Article From BuyAndSell.HouseLogic.com 

By: G. M. Filisko 

Published: March 30, 2010 

After finding a buyer, all you have to do to make it to closing is to avoid these five traps.

Finding a buyer for your home is just the first step on the homeselling path. Tread carefully in the weeks ahead because if you make one of these common seller mistakes, your deal may not close.

Mistake #1: Ignore contingencies
If your contract requires you to do something before the sale, do it. If the buyers make the sale contingent on certain repairs, don't do cheap patch-jobs and expect the buyers not to notice the fixes weren't done properly.

Mistake #2: Don't bother to fix things that break
The last thing any seller needs is for the buyers to notice on the pre-closing walk-through that the home isn't in the same condition as when they made their offer. When things fall apart in a home about to be purchased, sellers must make the repairs. If the furnace fails, get a professional to fix it, and inform the buyers that the work was done. When you fail to maintain the home, the buyers may lose confidence in your integrity and the condition of the home and back out of the sale.

Mistake #3: Get lax about deadlines
Treat deadlines as sacrosanct. If you have three days to accept or reject the home inspection, make your decision within three days. If you're selling, move out a few days early, so you can turn over the keys at closing.

Mistake #4: Refuse to negotiate any further
Once you've negotiated a price, it's natural to calculate how much you'll walk away with from the closing table. However, problems uncovered during inspections will have to be fixed. The appraisal may come in at a price below what the buyers offered to pay. Be prepared to negotiate with the buyers over these bottom-line-influencing issues.

Mistake #5: Hide liens from buyers
Did you neglect to mention that Uncle Sam has placed a tax lien on your home or you owe six months of homeowners association fees? The title search is going to turn up any liens filed on your house. To sell your house, you have to pay off the lien (or get the borrower to agree to pay it off). If you can do that with the sales proceeds, great. If not, the sale isn't going to close.

More from HouseLogic

How maintenance adds to home values

Reducing closing stress

Other web resources

More on calculating closing costs

More on the closing process

G.M. Filisko is an attorney and award-winning writer who wanted a successful closing on a Wisconsin property so bad that she probably made her agent rethink going into real estate. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Jonathan Swanson earns North Carolina Short Sale Specialist Certification

2010-10-22T09:23:00.002-04:00

Jonathan Swanson with Coldwell Banker Sea Coast Realty in Wilmington, NC recently earned his North Carolina Short Sale Specialist certification. The Certified Short Sale Specialist (CSSS) Seller agent designation is the first and only short sale designation specific to the state of North Carolina.

Many North Carolina homeowners find themselves owing more on their properties than they could sell for today. As a CSSS designee, Swanson is a real estate professional that is dedicated to helping these homeowners. Swanson understands the short sale process, transactional entities, and who the true short sale decision makers are. He can also identify predatory servicing tactics and guide the consumers to the appropriate NC state regulatory agencies if necessary.

Find the Home Loan that Fits Your Needs

2010-10-21T14:35:00.002-04:00

Article From BuyAndSell.HouseLogic.com 

By: G. M. Filisko 

Published: February 10, 2010 

Understand which mortgage loan is best for you so your budget is not stretched too thin.

It's easier to settle happily into your new home if you're confident you can afford it. That requires that you understand your mortgage financing options and choose the loan that best suits your income and ability to tolerate risk.

The basics of mortgage financing
The most important features of your mortgage loan are its term and interest rate. Mortgages typically come in 15-, 20-, 30- or 40-year lengths. The longer the term, the lower your monthly payment. However, the tradeoff for a lower payment is that the longer the life of your loan, the more interest you'll pay.  

Mortgage interest rates generally come in two flavors: fixed and adjustable. A fixed rate allows you to lock in your interest rate for the entire mortgage term. That's attractive if you're risk-averse, on a fixed income, or when interest rates are low.

The risks and rewards of ARMs
An adjustable-rate mortgage does just what its name implies: Its interest rate adjusts at a future date listed in the loan documents. It moves up and down according to a particular financial market index, such as Treasury bills. A 3/1 ARM will have the same interest rate for three years and then adjust every year after that; likewise a 5/1 ARM remains unchanged until the five-year mark. Typically, ARMs include a cap on how much the interest rate can increase, such as 3% at each adjustment, or 5% over the life of the loan.

  Why agree to such uncertainty? ARMs can be a good choice if you expect your income to grow significantly in the coming years. The interest rate on some-but not all-ARMs can even drop if the benchmark to which they're tied also dips. ARMs also often offer a lower interest rate than fixed-rate mortgages during the first few years of the mortgage, which means big savings for you-even if there's only a half-point difference.  

But if rates go up, your ARM payment will jump dramatically, so before you choose an ARM, answer these questions:
•How much can my monthly payments increase at each adjustment? 
•How soon and how often can increases occur? 
•Can I afford the maximum increase permitted? 
•Do I expect my income to increase or decrease? 
•Am I paying down my loan balance each month, or is it staying the same or even increasing? 
•Do I plan to own the home for longer than the initial low-interest-rate period, or do I plan to sell before the rate adjusts? 
•Will I have to pay a penalty if I refinance into a lower-rate mortgage or sell my house? 
•What's my goal in buying this property? Am I considering a riskier mortgage to buy a more expensive house than I can realistically afford? 

Consider a government-backed mortgage loan
If you've saved less than the ideal downpayment of 20%, or your credit score isn't high enough for you to qualify for a fixed-rate or ARM with a conventional lender, consider a government-backed loan from the Federal Housing Administration or Department of Veterans Affairs.  

FHA offers adjustable and fixed-rate loans at reduced interest rates and with as little as 3.5% down and VA offers no-money-down loans. FHA and VA also let you use cash gifts from family members.  

Before you decide on any mortgage, remember that slight variations in interest rates, loan amounts, and terms can significantly affect your monthly payment. To determine how much your monthly payment will be with various terms and loan amounts, try REALTOR.com's online mortgage calculators.

More from HouseLogic

Evaluate Your Adjustable Rate Mortgage

Show Your Support for FHA

Other web resources

How much home can you afford?

Why ask for an FHA loan?

G.M. Filisko is an attorney and award-winning writer who's opted for both fixed and adjustable-rate mortgages. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Melanie Cameron earns North Carolina Short Sale Specialist Certification

2010-10-20T16:15:00.008-04:00

Melanie Cameron with Coldwell Banker Sea Coast Realty in Wilmington, NC, recently earned her North Carolina Short Sale Specialist certification. The Certified Short Sale Specialist (CSSS) Seller agent designation is the first and only short sale designation specific to the state of North Carolina.

Many North Carolina homeowners find themselves owing more on their properties than they could sell for today. As a CSSS designee, Cameron is a real estate professional that is dedicated to helping these homeowners. Cameron understands the short sale process, transactional entities, and who the true short sale decision makers are. She can also identify predatory servicing tactics and guide the consumers to the appropriate NC state regulatory agencies if necessary.

8 Tips for Finding Your New Home

2010-10-19T14:24:00.000-04:00

Article From BuyAndSell.HouseLogic.com 

By: G. M. Filisko

 Published: February 10, 2010 

A solid game plan can help you narrow your homebuying search to find the best home for you.

House hunting is just like any other shopping expedition. If you identify exactly what you want and do some research, you'll zoom in on the home you want at the best price.

These eight tips will guide you through a smart homebuying process.

1. Know thyself
Understand the type of home that suits your personality. Do you prefer a new or existing home? A ranch or a multistory home? If you're leaning toward a fixer-upper, are you truly handy, or will you need to budget for contractors?

2. Research before you look
List the features you most want in a home and identify which are necessities and which are extras. Identify three to four neighborhoods you'd like to live in based on commute time, schools, recreation, crime, and price. Then hop onto REALTOR.com to get a feel for the homes available in your price range in your favorite neighborhoods. Use the results to prioritize your wants and needs so you can add in and weed out properties from the inventory you'd like to view.

3. Get your finances in order
Generally, lenders say you can afford a home priced two to three times your gross income. Create a budget so you know how much you're comfortable spending each month on housing. Don't wait until you've found a home and made an offer to investigate financing.

  Gather your financial records and meet with a lender to get a prequalification letter spelling out how much you're eligible to borrow. The lender won't necessarily consider the extra fees you'll pay when you purchase or your plans to begin a family or purchase a new car, so shop in a price range you're comfortable with. Also, presenting an offer contingent on financing will make your bid less attractive to sellers.

4. Set a moving timeline
Do you have blemishes on your credit that will take time to clear up? If you already own, have you sold your current home? If not, you'll need to factor in the time needed to sell. If you rent, when is your lease up? Do you expect interest rates to jump anytime soon? All these factors will affect your buying, closing, and moving timelines.

5. Think long term
Your future plans may dictate the type of home you'll buy. Are you looking for a starter house with plans to move up in a few years, or do you hope to stay in the home for five to 10 years? With a starter, you may need to adjust your expectations. If you plan to nest, be sure your priority list helps you identify a home you'll still love years from now.

6. Work with a REALTOR®
Ask people you trust for referrals to a real estate professional they trust. Interview agents to determine which have expertise in the neighborhoods and type of homes you're interested in. Because homebuying triggers many emotions, consider whether an agent's style meshes with your personality.  

Also ask if the agent specializes in buyer representation. Unlike listing agents, whose first duty is to the seller, buyers' reps work only for you even though they're typically paid by the seller. Finally, check whether agents are REALTORS®, which means they're members of the NATIONAL ASSOCIATION OF REALTORS®. NAR has been a champion of homeownership rights for more than a century.

7. Be realistic
It's OK to be picky about the home and neighborhood you want, but don't be close-minded, unrealistic, or blinded by minor imperfections. If you insist on living in a cul-de-sac, you may miss out on great homes on streets that are just as quiet and secluded.  

On the flip side, don't be so swayed by a "wow" feature that you forget about other issues-like noise levels-that can have a big impact on your quality of life. Use your priority list to evaluate each property, remembering there's no such thing as the perfect home.

8. Limit the opinions you solicit
It's natural to seek reassurance when making a big financial decision. But you know that saying about too many cooks in the kitchen. If you need a second opinion, select one or two people. But remain true to your list of wants and needs so the final decision is based on criteria you've identified as important.

More from HouseLogic

HOAs: What You Need to Know About Rules

A Financial Plan for Your Home

When It Pays to Do It Yourself

G.M. Filisko is an attorney and award-winning writer who has found happiness in a brownstone in a historic Chicago neighborhood. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

September 2010 Top Producers

2010-10-19T11:07:00.014-04:00

Coldwell Banker Sea Coast Realty is pleased to announce our Top Producers for September 2010.

Wilmington Office
Top Listing Agent - Tammy Barnes
Top Selling Agent - Jennifer Farmer
Top Listing Team - Jack Gale Team
Top Selling Team - Jack Gale Team

Carolina Beach Office
Top Listing Agent - Ron Barnello
Top Selling Agent - Judy Odom
Top Listing Team - Shawndy Conway & Jessica Keenan
Top Selling Team - Shawndy Conway & Jessica Keenan

North Brunswick Offices
Top Listing Agent - Hank Troscianiec
Top Selling Agent - Lynda Haraway
Top Listing Team - Dennis and Penny Krueger Team
Top Selling Team - Emily Willetts Team

Onslow/Pender Offices
Top Listing Agent - Jenna Morton
Top Selling Agent - Christina Pitz
Top Listing Team - Roger Mitchell Team
Top Selling Team - Roger Mitchell Team

Hampstead Office
Top Listing Agent - Janeise Collins
Top Selling Agent - Ed Pullen

Leland Office
Top Listing Agent - Edward Wood
Top Selling Agent - Karen Schwartz

South Brunswick Office
Top Listing Agent - Evelyn Madison
Top Selling Agent - Jimmie Pendergrass
Top Listing Team - Scott Haigler and Jeanette Haigler Team
Top Selling Team - Tom Shoaf Team

Top New Home Sales Associate
Chris Cunningham and Tom Craigg

September 2010 OVERALL TOP PRODUCERS
Jack Gale
Roger Mitchell
Christina Pitz
Cynthia Strickland
Rand Burchfield
Jennifer Farmer
Shawndy Conway & Jessica Keenan
Wendy Shorter-Bridges
Lynda Haraway
Kay Baker

7 Steps to a Stress-free Home Closing

2010-10-17T12:48:00.000-04:00

Article From BuyAndSell.HouseLogic.com 

By: G. M. Filisko 

Published: February 10, 2010 

By doing homework in advance, you'll understand what you're asked to sign when you close the sale of your home.

You've already cleared several hurdles by finding the right home, negotiating the best price, and securing favorable financing. The last obstacle on your homebuying track is the closing, which can be both tedious and tense. By knowing what to expect and doing some legwork, you can put your closing behind you. These seven steps will guide you through a smooth closing.

1. Set a closing date
Your real estate agent will work with the seller's agent and title company to schedule your closing date. Be sure it meshes with the end of your lease or the sale of your existing home and a time when you'll able to play hooky from work. If you're tight on cash, schedule your closing for the end of the month because that's when you'll have to pay the least amount of interest at the closing table.

2. Gather your funds
You may be required to bring funds to the closing. If they're not easily accessible, arrange early to transfer them to a liquid account to avoid last-minute problems. If the title company requires the funds in the form of a cashier's check, also leave time to stop by the bank and pick one up.

3. Purchase title insurance
Title insurance protects the policyholder against trouble with a home's title. Your lender will insist that you purchase a policy to protect it. You should also consider purchasing what's called an owner's title policy from the same insurer, which protects you from fraudulent claims against your ownership and errors in earlier sales. In some areas, sellers traditionally pay for the buyer's title policy. Shop online at Closing.com, EasyTitleQuote.com, and FreeTitleQuote.com. If your home has been sold within the past few years, ask the prior owner's insurance company for a reissue discount.

4. Line up homeowners insurance
Get quotes and compare policies to be sure coverage will be in effect by your closing date. An annual policy should run $500-$1,000, depending on your home's size, age, and amenities. If you live in an area where natural disasters occur, like earthquakes, floods, or hurricanes, you'll need separate insurance to protect your home.

5. Review your good-faith estimate and HUD-1 settlement sheet
Your lender must provide a good-faith estimate of your closing fees. Some of those fees can't change, and others can rise by 10%. Before you go to the closing, read your good-faith estimate, compare it with your HUD-1 settlement statement, and question any fees that increased.

6. Do a walk-through
Schedule an appointment to walk through the home one last time just before your closing. Make sure repairs you requested have been made, no major changes have occurred since you last viewed the property, and that the sellers left anything they agreed to leave and took all their belongings.

Also test electronics and appliances, such as the doorbell, dishwasher, washer and dryer, and oven, to ensure they're functioning properly. Do the same with the hot water heater and heating and air conditioning systems. Walk the yard to be sure no plants or shrubs have been removed.

7. Resolve issues identified in your walk-through
If your walk-through uncovers problems, you can delay the closing until the seller corrects them. But that's often not feasible because your lease is probably over and you've already scheduled movers. Another option is to negotiate a discount to your sales price to cover the cost of the work needed. If the air conditioning is on the fritz and a contractor says the repair will cost $500, ask that the sales price be reduced by that amount. If you make that request at closing, however, be ready for a delay while the title company redoes the paperwork.

A third option: Have the title company hold a portion of the seller's proceeds in escrow until the dispute is resolved. Once that happens, the funds will be released to you or the seller, depending on the outcome.

More from HouseLogic
Do you have the right amount of homeowners insurance?
Shop for an umbrella policy when you shop for homeowners insurance

G.M. Filisko is an attorney and award-winning writer who has endured several property closings, but the easiest was done through the mail. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Keep Your Home Purchase on Track

2010-10-15T12:42:00.002-04:00

Article From BuyAndSell.HouseLogic.com 

By: G. M. Filisko

 Published: March 30, 2010 

You've found your dream home. Make sure missteps don't prevent a successful closing.

A home purchase isn't complete until you make it to the closing. Until then, the transaction can fall apart for many reasons. Here are five tips for avoiding mistakes that cause a home sale to crater.

1. Be truthful on your mortgage application
You may think fudging your income a little or omitting debts when applying for a mortgage will go unnoticed. Not true. Lenders have become more diligent in verifying information on mortgage applications. If you fib, expect to be found out and denied the loan you need to fund your home purchase. Plus, intentionally lying on a mortgage application is a crime.

2. Hold off on big purchases
Lenders double-check buyers' credit right before the closing to be sure their financial condition hasn't weakened. If you've opened new credit cards, significantly increased the balance on existing cards, taken out new loans, or depleted your savings, your credit score may have dropped enough to make your lender change its mind on funding your home loan.  

Although it's tempting to purchase new furniture and other items for your new home, or even a new car, wait until after the closing.

3. Keep your job
The lender may refuse to fund your loan if you quit or change jobs before you close the purchase. The time to take either step is after a home closing, not before.

4. Meet contingencies
If your contract requires you to do something before the sale, do it. If you're required to secure financing, promptly provide all the information the lender requires. If you must deposit additional funds into escrow, don't stall. If you have 10 days to get a home inspection, call the inspector immediately.

5. Consider deadlines immovable
Get your funds together a week or so before the closing, so you don't have to ask for a delay. If you'll need to bring a certified check to closing, get it from the bank the day before, not the day of, your closing. Treat deadlines as sacrosanct.

More from HouseLogic
How maintenance adds to home values
Reducing closing stress

Other web resources
More on calculating closing costs
  More on the closing process   

G.M. Filisko is an attorney and award-winning writer who wanted a successful closing on a Wisconsin property so bad that she probably made her agent rethink going into real estate. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

"The Real World of Real Estate"

2010-10-15T11:48:00.007-04:00

REAL ESTATE as a Career?

Tired of working for someone else and having a limited income?

Join Us For
"The Real World of Real Estate"
Tuesday, Nov. 9, 2010
6:00pm
1001 Military Cutoff Rd, Suite 101
Wilmington, NC 28405

TOPICS:
* How do you get your real estate license?
* How much money can you make?
* How much money is required to start?
* You have your license, now what?
* Large office vs small office?

Hear about our exciting New Agent Training Program from a certified instructor.

Hear from a "Star" agent and a "New" agent.

Seating is limited - please call to reserve your space!
Contact Denise at 910-367-3325 or Amy at 910-297-9526.

Realtors' Letters Add Special Touch to Honor Flight

2010-10-14T09:00:00.040-04:00

Coldwell Banker Sea Realty associate Russ May just returned from accompanying World War II veterans to see the WWII Memorial in Washington, DC. The trip was made possible by Honor Flight Southeastern North Carolina.

Honor Flight is an amazing all-volunteer effort dedicated to demonstrating respect and admiration for surviving World War II veterans by flying them at no cost to Washington, DC to see the World War II Memorial. The Memorial was completed in 2004.

The majority of the veterans are in their 80's and some needed a little special help navigating the airport and finding their way around Washington's monuments. As a Guardian on the trip, Russ May helped veterans have a safe and comfortable journey.

"A very important and emotional part of the return trip is 'mail call' when the veterans are surprised to receive letters from their families and friends expressing their thanks and gratitude for the veterans' service," said May. A day and a half before the most recent Honor Flight trip, May found out that some of the veterans wouldn't be receiving letters and that it was too late to contact their families again.

"It would be a shame for these individuals to sit empty handed while their fellow veterans receive a package of mail," he wrote in an email to associates and staff in Coldwell Banker Sea Coast Realty's Wilmington, NC office. "If you have a moment to write a generic note to a WWII veteran, I'll make sure it gets in the right hands."

Overnight, Russ May's mailbox was filled with 54 letters expressing heartfelt gratitude. Even though the letters were addressed to perfect strangers, the writers shared personal stories of lost loved ones, family members who served during wartime, and respect for the military. "Having seen the emotion in the faces of veterans in past flights, I know your thoughts, prayers, and blessings will be warmly received, richly deserved, and much appreciated," May told his colleagues.

Russ May is one of several Realtors at Coldwell Banker Sea Coast Realty that have volunteered with Honor Flight Southeastern North Carolina. The October 13, 2010 trip was the third Honor Flight made possible by Honor Flight Southeastern North Carolina. Veterans had beautiful weather for their trip to Washington, DC. A crowd of several hundred well-wishers decked out in red, white, and blue greeted the veterans when they returned to Wilmington International Airport Wednesday evening.

For more information about Honor Flight of Southeastern North Carolina, please visit http://www.honorflightsenc.org/.

To learn more about the national Honor Flight organization, log on to http://www.honorflight.org/.

How much is my house worth?

2010-10-14T08:00:00.001-04:00

How much is my home worth and how fast can I sell it? Those are the first questions many home sellers ask their Realtor.

Tina Abraham with Coldwell Banker Sea Coast Realty explains that several variables influence the answer. The condition of your home, how well it's priced, and how much competition you have all play a role in what your home is worth and how quickly you can sell it.

If there are already several homes for sale in your area, Tina says it's very important to make sure that your home is the best-priced and in the best condition in your area. That will ensure that when buyers look in your area, they'll choose to look at your home.

For more information, please visit ‪SeaCoastRealty.com‬ or become our fan on Facebook.‬

Energy Efficient Fireplaces: Wood-Burning and Gas-Burning

2010-10-13T12:33:00.000-04:00

Article From HouseLogic.com 

By: Rich Binsacca 

Published: September 21, 2010 

Energy-efficient fireplaces, both wood-burning and gas, let you enjoy the glow of a fire without letting your home heating energy go up in smoke.

A traditional wood-burning fireplace adds warmth and romantic ambience to a home's interior. But most are energy hogs, converting only 15% of wood's energy into useful heat. Fortunately, new energy-efficient fireplace designs are helping wood-burning fireplaces achieve efficiency ratings of 75% or more. Fireplace inserts and gas fireplaces are even more efficient.

Energy-efficient wood-burning fireplaces
If you're adding a wood-burning fireplace, avoid the standard design, which sends too much of your home's heated air up the chimney. Consider these energy-efficient wood-burning fireplaces:

•Rumford fireplaces feature a shallow box design that reflects more heat into the room. 

•EPA-rated fireplaces have good performance and high energy-efficiency ratings. They are designed to pull in outdoor air for combustion, and circulate room air around the firebox to extract as much useable heat as possible. In addition, EPA-approved wood-burning fireplaces produce much less air pollution than standard fireplaces. 

•Fireplace inserts are sealed metal boxes designed to fit inside masonry fireplace openings. They use outside air for combustion, and are designed to circulate and warm inside air. Inserts burn a variety of biomass fuels, including wood and pellets. Some units are rated at 80% efficiency. 

If you already own a standard wood-burning fireplace, make it more energy efficient by installing glass doors. Glass doors limit the amount of room air that is sucked into the fireplace during combustion.  

Glass doors work particularly well when a fire is burning down for the night and you must leave the damper open. Otherwise, glass doors block radiant heat; keep them open when your fire is blazing. Expect to pay $300 to $500 for glass doors, installed.  

In California, glass or solid metal doors are required on all fireplace openings.

Energy-efficient gas fireplaces
If you want the convenience and low maintenance of a energy-efficient gas fireplace, you have two good options:

•Direct-vent gas fireplaces, which use two-way vents that supply outside air for combustion, have energy-efficiency ratings as high as 77%. That's better than the top gas fireplaces connected to a chimney. 

•Vent-free gas fireplaces are even more energy-efficient because they don't send exhaust outside. But they release a lot of moisture into inside indoor air. 

Tax credits for fireplaces
Some types of fireplaces qualify for a federal tax credit of up to $1,500 until the end of 2010. After that, certain states may provide tax credits for various types of energy-efficiency improvements, including fireplaces.  

Rich Binsacca is the author of 12 books on various home-related topics and is currently a contributing editor for Builder and EcoHome magazines. He has written articles for Remodeling, Home, and Architectural Record, among several others. He intermittently uses the wood-burning fireplace and the gas-fueled freestanding stove that came with his current home.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

6 Tips for Staging Your House To Sell

2010-10-12T11:05:00.000-04:00

A house that has been properly staged may sell faster and for more money than a home that has not been staged explains Anna Garcia of Coldwell Banker Sea Coast Realty in Jacksonville NC.

Anna's offers the following tips for staging your property:
1. Remove Clutter
2. Let in natural light
3. Use neutral paint colors
4. Remove obstacles
5. Curb appeal
6. Dress your home interior for success

Showing your home to sell is much like a job interview. That's why it's important that your home dress for success!

Costs of Adding a Fireplace

2010-10-11T12:22:00.000-04:00

Article From HouseLogic.com 

By: Rich Binsacca

 Published: September 22, 2010 

Installing a wood-burning, gas-burning, gel-fuel, or electric fireplace to your house costs $400 to $10,000, depending on the type of fireplace you select.

Installing a fireplace with a brick-lined hearth and a custom mantel can easily cost $10,000 or more. It's also possible to get a similar look for thousands of dollars less. Just shop for a ready-made unit and watch what you spend on the fireplace surround.

If your budget is really tight, a free-standing gel-fuel or electric fireplace eliminates installation costs. But be aware that some bare-bones alternatives don't completely succeed in mimicking a real wood fire.  

Check local building codes for possible restrictions on the types of fireplaces that can be installed in your area.

Costs of a wood-burning fireplace
An open-hearth, wood-burning fireplace-like the ones you see in mountain resort hotels-requires the help of a skilled, professional mason and a budget approaching (and often exceeding) $10,000.  

For an existing home, considerable renovation work is required, including a foundation to carry the weight of the firebox and chimney, and the cost of the chimney itself.

  Expect to pay $7,000 to $10,000 or more.

Cost saver tip: Go for a drywall surround and a simple, wall-mounted mantle. 

Costs of a gas-burning fireplace
A fireplace unit that burns natural gas or propane runs about $2,000 for the basic materials package. Installation and finishing typically add $2,500.

Cost saver tip: Switch to a simpler surround and mantle, and get a direct-vent fireplace so you don't need a chimney. Or, opt for a vent-free gas fireplace for $400 or so. Hiring a professional to install a gas line or a connection to a propane tank adds about $1,000. 

Your least-expensive option
A gel-fuel fireplace or an electric fireplace starts under $400. With a portable unit, that's the total cost since the fireplace is ready to use once you remove the packaging.  

Because there's no flue or chimney, it's easy to install TVs or other electronic gear directly above an electric fireplace. If you include a mantel package, expect to pay $800 to $1,600. One perk available: sound effects that mimic the crackle and pop of a real fire.

Ongoing costs
Estimate your energy costs by using a fuel cost comparison calculator. Gel fuel, not included in the calculator, costs $3 per 13-ounce can, enough for three hours.  For a wood-burning fireplace, figure on $100 to $200 a year for chimney cleaning. Gas fireplaces need an annual service check ($100 to $150) plus a chimney inspection. Gel-fuel and electric fireplaces don't need regular maintenance.

Tax credits for fireplaces
Through Dec. 31, 2010, you may qualify for a federal tax credit for 30% of your costs, up to $1,500, if you install a wood-burning fireplace that's at least 75% fuel-efficient.  

Rich Binsacca is the author of 12 books on various home-related topics and is currently a contributing editor for Builder and EcoHome magazines. He has written articles for Remodeling, Home, and Architectural Record, among several others. He intermittently uses the wood-burning fireplace and the gas-fueled freestanding stove that came with his current home.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Adding a Fireplace: Return on Investment

2010-10-09T12:16:00.000-04:00

Article From HouseLogic.com 

By: Rich Binsacca 

Published: September 22, 2010 

Installing a fireplace is a popular project, but don't expect a significant return on your investment.

With costs ranging up to $10,000 for a traditional brick hearth and mantel, installing a fireplace is a serious investment. If you're wondering if you'll get a return on that investment, the answer is: probably not.

While intangible benefits such as comfort and ambience may make a fireplace addition worth the cost for you, consumer attitudes toward fireplaces are changing. Here are the facts:

Fireplaces no longer are preferred features
•In 2007, the National Association of REALTORS survey of homebuyers' preferences listed fireplaces as the most preferred home feature. Almost 46% of homebuyers said they would pay extra (a median of $1,220) for a house with at least one fireplace, the most popular "desired feature" in the survey. However, more recent surveys from the National Association of Homebuilders show that support is slipping, and REALTOR® Magazine recently put fireplaces No. 1 on the list of "Home Fads That Are Falling Out of Style." That means chances of receiving price support for your fireplace addition when you sell your home are diminishing. 

•According to the U.S. Census Bureau, 53% of new homes built in 2008 included at least one fireplace. That's down from a peak of 66% in 1990, although the numbers may also reflect builders' attempts to save costs for development houses. 

•A fireplace isn't calculated separately in a professional home appraisal, making it difficult to assign increased value from your investment. 

Match your fireplace budget to your house
When you estimate how much a fireplace might add to the value of your house, consider your home's overall value. A $10,000 fireplace holds its value in a $1 million house because buyers expect this feature in an upscale home. But a $10,000 fireplace might not be such a crucial component of a $100,000 house, especially if features that potential buyers consider more important are lacking.

Get value from your fireplace investment
•Put a new fireplace in a room other than the kitchen--usually the family room or great room. 

•Locate a fireplace in a smaller, easy-to-heat room such as an office, guest bedroom, or master bedroom. 

•Equip your fireplace with energy-efficient glass doors and an exterior venting system that prevents heated air from being pulled out of rooms. 

Rich Binsacca is the author of 12 books on various home-related topics and is currently a contributing editor for Builder and EcoHome magazines. He has written articles for Remodeling, Home, and Architectural Record, among several others. He intermittently uses the wood-burning fireplace and the gas-fueled freestanding stove that came with his current home.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Wood-Burning Fireplace Inserts Save Energy

2010-10-07T12:05:00.003-04:00

Article From HouseLogic.com 

By: Wendy Paris 

Published: September 22, 2010

Install a wood-burning fireplace insert if you want to keep the magic of a wood fire but make your open fireplace more energy efficient.

If your house has a traditional fireplace, you might love the authentic crackle of the fire and the warm ambience that fills your rooms. But that romantic hearth is costing you money-90% of the heat generated by an open fire goes right up the chimney.  

The remedy? A wood-burning fireplace insert captures the good vibes and keeps your heat from going up in smoke.

A wood-burning fireplace insert is a metal box that fits inside your existing masonry fireplace opening. A decorative flange fits around the outside edges so that no gaps appear between the unit and the sides of the fireplace. A new metal chimney liner is required to carry combustion gases and smoke up through your chimney.  

Fireplace inserts have clear heat-proof glass doors. The best designs circulate air within the firebox in a way that helps keep the glass clean.  

Wood-burning fireplace inserts heat 1,000 to 3,000 square feet, depending on their size. Talk to your insert dealer about the size of your existing fireplace and what heating capacity you can expect from an insert.  

Inserts cost $3,000 to $4,000, including installation and a chimney liner.

High marks for energy efficiency
An enclosed firebox ensures the highly efficient combustion of wood, helping you extract the most heat for the least cost. Most wood-burning fireplace inserts include a fan to help circulate room air around the firebox and release it back into the room.  

A wood-burning fireplace insert helps cut heating costs by 10% to 40%. That's a savings of $64 to $255 a year for the average homeowner. Though fuel prices can fluctuate wildly, savings could be even greater if you rely on pricier electricity or fuel oil for heating, rather than natural gas or propane.  

Improvements in the designs of wood-burning fireplace inserts over the past five years mean almost all new units now meet the guidelines for fuel efficiency set by U.S. Environmental Protection Agency of 60% to 80%.

Advantages of a fireplace insert
•An insert designed to heat 1,500 square feet will burn for three to five hours before you need to reload-a lot less hassle than tending an open fireplace. 

•Firewood is an economical fuel in many regions, costing just $922 per year to heat a typical home when the wood is burned efficiently. If you cut the wood yourself, it might even be free. If you buy, you support local jobs. 

•Efficient combustion reduces the amount of noxious gases and particulates produced by an open fireplace. 

Disadvantages of a fireplace insert
•You'll still need to stack and load firewood and empty ashes periodically. 

•The fire is behind glass doors rather than exposed. 

•Fitting an insert into an existing fireplace opening can be tricky. In some instances, the insert may protrude beyond the fireplace surround, and you'll have to add trim to make up the difference. 

•The payback period on your investment may be 15 years or longer. 

Tax credits for wood-burning fireplace inserts
There's a federal tax credit available until the end of 2010 for fireplace inserts that burn wood, pellets or other biomass fuels, and are at least 75% efficient. The tax credit is good for 30% of what you spend, up to $1,500, and includes installation expenses.  

The federal tax credit expires at the end of 2010. After that, certain states may provide tax credits for various types of energy-efficiency improvements, including fireplaces.  

Wendy Paris is a writer in New York. She recently built a home in New York's Catskill Mountains and installed a wood stove in the living room that can heat up the entire first floor. She loves her wood stove. She's written about building her house for This Old House magazine.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Gas Fireplace Inserts: Pros and Cons

2010-10-05T11:21:00.011-04:00

Article From HouseLogic.com 

By: Wendy Paris 

Published: September 22, 2010 

Add a gas-burning fireplace insert if you want clean air and the ultimate in convenience.

Flip a switch; have fire. That's the key appeal of a gas fireplace insert. You still enjoy real flames, but without the hassles of solid fuel. There is no firewood to stack, bags of pellets to dump, and no ashes to clean out. The air inside your house and in your neighborhood stays clean, too. No wonder that about 70% of all hearth products-fireplaces, inserts, and artificial log sets-now burn gas.

Unlike old decorative gas fireplaces, today's gas inserts are heat-producing dynamos that use natural gas or propane to power a steady flame dancing on fake logs, decorative modern glass chips, or stones behind a sealed glass face.  Gas inserts are available as vented units or unvented units.

•Direct-vent units are safest. They draw in outside air to keep the flame burning and exhaust all the combustion gases and water vapor released by burning gas. 

•Ventless inserts have a higher efficiency rating (92% to 99% vs. 60% to 80% for direct-vent inserts) because no heat escapes up the chimney. But the exhaust fumes and moisture released from burning gas stay in your house, which may be a cause for concern. 

Most ventless gas fireplace inserts are considered safe for homeowners because they include an oxygen-depletion sensor that turns gas off before carbon monoxide reaches dangerous levels in the room. Nevertheless, some states don't allow ventless gas units.  

Check your local building codes regarding the types of fireplace inserts allowed in your area.

Capacity and cost of inserts
A gas-burning fireplace insert heats 1,000 to 3,000 square feet, depending on its size. Talk to your insert dealer about the size of your existing fireplace and what heating capacity you can expect from an insert.  Inserts cost $3,000 to $4,000, including installation and a chimney liner.

Upsides to a gas fireplace insert
•Gas fireplace inserts can be used in masonry or prefab fireplaces; they can be vented through the existing chimney (or a wall for a free-standing unit). 

•Gas inserts require little maintenance beyond an annual $75 to $125 checkup. Its best application is for zone heating-turning up the gas in the room you're in and lowering the thermostat in the rest of your house. 

•There's a definite green factor--they burn with a 65% to 99% efficiency rating, which means very little pollution or smoke. 

•There's no ash or creosote produced with a gas-burning unit. 

On the downside
•Gas inserts means you're burning fossil fuel, making the unit ineligible for the federal tax credit (which expires at the end of 2010) and unattractive if you're eager to reduce your carbon footprint. 

•Propane is an expensive heating fuel-you won't save money heating your whole house with a gas insert.

•You'll spend more on gas or propane than you would on wood or pellets to produce the same amount of heat. 

•A gas insert burns fossil fuel, so it doesn't qualify for the 30% tax credit available for inserts that burn biomass, such as wood or pellets. 

Wendy Paris is a writer in New York. She recently built a home in New York's Catskill Mountains and installed a woodstove in the living room that can heat up the entire first floor. She loves her wood stove. She's written about building her house for This Old House magazine.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Sea Coast Realty Breaks Ground on New Habitat Home

2010-10-04T09:59:00.008-04:00

On Saturday, September 25, 2010, a small crowd gathered in an empty lot on Corbett Street in Wilmington, NC. Despite the early hour, the group was buzzing with excitement, because soon a new Habitat for Humanity home would begin to take shape.

Coldwell Banker Sea Coast Realty associates, staff, and their families joined with representatives and volunteers from Cape Fear Habitat for Humanity to say prayers and well wishes before the ceremonial first shovels of earth were turned. When the ceremony ended, an army of volunteers armed with shovels, including the homeowner and her daughter, were hard at work digging the footers for the new home.

The new homeowners hope to be in their completed Habitat home by January 2011. The home is sponsored by Coldwell Banker Sea Coast Realty.

Check out our photos of the occasion on our Facebook photo album.

See news media coverage of the groundbreaking ceremony:

Ceremony today to begin ground breaking of Habitat for Humanity home (Star News)

Mom and daughter break ground for new home (WECT)

Can you dig it - Coldwell Banker Sea Coast Realty sponsors new Habitat project (Star News)

Pirates, Food, and Fun at Wilmington Riverfest

2010-10-01T15:29:00.007-04:00

Don't miss the pirate-themed fall fun at Wilmington, NC's 31st Annual Riverfest this weekend.

Don't be surprised if you see Blackbeard look-a-likes walking around downtown Friday evening. The celebration kicks off with a street dance and beer garden in Riverfront park on Friday, Oct. 1, 2010 from 8:00PM-11:00PM.

Saturday activities begin in historic downtown Wilmington at 10:00AM and include live music, food and craft vendors, a skateboarding contest, exhibits, displays, shows, and tons of activities for kids. Don't miss the Children's Treasure Hunt from 1:00PM-4:00PM. Highlights of the events include the Invasion of the Pirates lighted flotilla at dusk (approximately 7:00PM) and a fireworks show at 9:05PM.

Similar events continue on Sunday, Oct. 3, 2010 at 10:30AM. The Run the River 8K Race begins at 8:00AM. One event you don't want to miss the The Great Waiters Wine Race at 2:00PM in the East parking lot at Cape Fear Community College. In this hilarious event, area waiters with trays loaded with full wine glasses race through an obstacle course to see whose skills are best.

For a full schedule of Riverfest events, please visit www.wilmingtonriverfest.com.

Sea Coast Realty Donation to Hospital Fundraiser

2010-09-30T16:12:00.009-04:00

Brian Moxey, Director of Business Development, recently presented Sunny 104.5 FM radio personalities Craig and Sheila with a $1,500 donation from Coldwell Banker Sea Coast Realty for the Betty H. Cameron Women’s and Children’s Hospital.

Sea Coast Realty was a primary sponsor of the radiothon fundraiser for the hospital at New Hanover Regional Medical Center in Wilmington, North Carolina.

The 2-day event raised almost $28,000 for the purchase of seven cardiac monitoring systems for the newly-renovated pediatric area in the Emergency Department.

If you missed the Radiothon, you can still contribute by contacting Kristal McHugh at (910)815-5003 or or by visiting www.nhrmcfoundation.org/giveonline and selecting "Radiothon" on the donation form.

Photo courtesy of Shannon Lee.

Huge Indoor Yard Sale to Benefit HABITAT FOR HUMANITY

2010-09-30T14:36:00.000-04:00

More than 325 agents & staff at Coldwell Banker Sea Coast Realty are cleaning out our closets and garages to benefit Cape Fear Habitat for Humanity!

GIANT INDOOR YARD SALE
Saturday, October 2, 2010
7:30am-Noon

894 South Kerr Ave #5
Wilmington, NC 28403
Click here for a map.

It's located in Crossroads Center at the corner of Wilshire Ave. and Kerr Ave., behind Harris Teeter. Just look for the aqua metal roofs.

This huge sale is indoors and air-conditioned, so it's not exactly a "yard sale." However, if you need a yard, we'll be happy to sell you one of those too!

Cash and local checks with ID.

We need your junk!
Want to clean out your closet or garage to benefit Habitat for Humanity too? We're accepting donations at above address Thursday, Sept. 30 (10am-4pm) and Friday, Oct. 1 (10am-1pm). Just back your vehicle up to our doors (look for the orange cones) and we'll be happy to unload your donated items.

Questions? Reach our Wilmington office at (910) 799-3435.

Negotiate Your Best House Buy

2010-09-29T12:04:00.001-04:00

Keep your emotions in check and your eyes on the goal, and you'll pay less when purchasing a home.

Buying a home can be emotional, but negotiating the price shouldn't be. The key to saving money when purchasing a home is sticking to a plan during the turbulence of high-stakes negotiations. A real estate agent who represents you can guide you and offer you advice, but you are the one who must make the final decision during each round of offers and counter offers.

Here are six tips for negotiating the best price on a home.

1. GET PREQUALIFIED FOR A MORTGAGE
Getting prequalified for a mortgage proves to sellers that you're serious about buying and capable of affording their home. That will push you to the head of the pack when sellers choose among offers; they'll go with buyers who are a sure financial bet, not those whose financing could flop.

2. ASK QUESTIONS
Ask your agent for information to help you understand the sellers' financial position and motivation. Are they facing foreclosure or a short sale? Have they already purchased a home or relocated, which may make them eager to accept a lower price to avoid paying two mortgages? Has the home been on the market for a long time, or was it just listed? Have there been other offers? If so, why did they fall through? The more signs that sellers are eager to sell, the lower your offer can reasonably go.

3. WORK BACK FROM A FINAL PRICE TO DETERMINE YOUR INITIAL OFFER
Know in advance the most you're willing to pay, and with your agent work back from that number to determine your initial offer, which can set the tone for the entire negotiation. A too-low bid may offend sellers emotionally invested in the sales price; a too-high bid may lead you to spend more than necessary to close the sale.

Work with your agent to evaluate the sellers' motivation and comparable home sales to arrive at an initial offer that engages the sellers yet keeps money in your wallet.

4. AVOID CONTINGENCIES
Sellers favor offers that leave little to chance. Keep your bid free of complicated contingencies, such as making the purchase conditional on the sale of your current home. Do keep contingencies for mortgage approval, home inspection, and environmental checks typical in your area, like radon.

5. REMAIN UNEMOTIONAL
Buying a home is a business transaction, and treating it that way helps you save money. Consider any movement by the sellers, however slight, a sign of interest, and keep negotiating.

Each time you make a concession, ask for one in return. If the sellers ask you to boost your price, ask them to contribute to closing costs or pay for a home warranty. If sellers won't budge, make it clear you're willing to walk away; they may get nervous and accept your offer.

6. DON'T LET COMPETITION CHANGE YOUR PLAN
Great homes and those competitively priced can draw multiple offers in any market. Don't let competition propel you to go beyond your predetermined price or agree to concessions-such as waiving an inspection-that aren't in your best interest.

MORE FROM HOUSELOGIC

Determine how much mortgage you can afford

Keep your home purchase on track

Plan for a stress-free home closing

OTHER WEB RESOURCES

More negotiating tips

Develop a homebuying strategy

G.M. Filisko is an attorney and award-winning writer who has to remind herself to remain unemotional during negotiations. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Article From Houselogic.com

By: G. M. Filisko

Published: June 04, 2010

Fielding a Low Ball Purchase Offer on Your Home

2010-09-27T09:36:00.000-04:00

Consider before you ignore or outright refuse a very low purchase offer for your home. A counteroffer and negotiation could turn that low purchase offer into a sale.

You just received a purchase offer from someone who wants to buy your home. You're excited and relieved, until you realize the purchase offer is much lower than your asking price. How should you respond? Set aside your emotions, focus on the facts, and prepare a counteroffer that keeps the buyers involved in the deal.

CHECK YOUR EMOTIONS
A purchase offer, even a very low one, means someone wants to purchase your home. Unless the offer is laughably low, it deserves a cordial response, whether that's a counteroffer or an outright rejection. Remain calm and discuss with your real estate agent the many ways you can respond to a lowball purchase offer.

COUNTER THE PURCHASE OFFER
Unless you've received multiple purchase offers, the best response is to counter the low offer with a price and terms you're willing to accept. Some buyers make a low offer because they think that's customary, they're afraid they'll overpay, or they want to test your limits.

A counteroffer signals that you're willing to negotiate. One strategy for your counteroffer is to lower your price, but remove any concessions such as seller assistance with closing costs, or features such as kitchen appliances that you'd like to take with you.

CONSIDER THE TERMS
Price is paramount for most buyers and sellers, but it's not the only deal point. A low purchase offer might make sense if the contingencies are reasonable, the closing date meets your needs, and the buyer is preapproved for a mortgage. Consider what terms you might change in a counteroffer to make the deal work.

REVIEW YOUR COMPS
Ask your REALTOR whether any homes that are comparable to yours (known as "comps") have been sold or put on the market since your home was listed for sale. If those new comps are at lower prices, you might have to lower your price to match them if you want to sell.

CONSIDER THE BUYER'S COMPS
Buyers sometimes attach comps to a low offer to try to convince the seller to accept a lower purchase offer. Take a look at those comps. Are the homes similar to yours? If so, your asking price might be unrealistic. If not, you might want to include in your counteroffer information about those homes and your own comps that justify your asking price.

If the buyers don't include comps to justify their low purchase offer, have your real estate agent ask the buyers' agent for those comps.

GET THE AGENTS TOGETHER
If the purchase offer is too low to counter, but you don't have a better option, ask your real estate agent to call the buyer's agent and try to narrow the price gap so that a counteroffer would make sense. Also, ask your real estate agent whether the buyer (or buyer's agent) has a reputation for lowball purchase offers. If that's the case, you might feel freer to reject the offer.

DON'T SIGNAL DESPERATION
Buyers are sensitive to signs that a seller may be receptive to a low purchase offer. If your home is vacant or your home's listing describes you as a "motivated" seller, you're signaling you're open to a low offer.

If you can remedy the situation, maybe by renting furniture or asking your agent not to mention in your home listing that you're motivated, the next purchase offer you get might be more to your liking.

MORE FROM HOUSELOGIC

6 Tips for Choosing the Best Purchase Offer for Your Home

6 Reasons to Reduce Your Home Price

Marcie Geffner is a freelance reporter who has been writing about real estate, homeownership and mortgages for 20 years. She owns a ranch-style house built in 1941 and updated in the 1990s, in Los Angeles.

Article From Houselogic.com

By: Marcie Geffner

Published: June 10, 2010

Listing and Selling Your Green Home

2010-09-25T10:48:00.000-04:00

If you want to get the full value for your green home when it comes time to sell, use a green real estate agent and a green MLS.

You've upgraded your home with the latest green features and there's an eco-friendly buyer out there looking for a green home. How can the two of you connect?

CHOOSE A GREEN REAL ESTATE AGENT

Hire a real estate agent who knows as much about green homes as you do. About 5,000 REALTORS® nationwide have earned the NATIONAL ASSOCIATION OF REALTORS Green Designation by taking classes in green building, sustainable business practices, and green home marketing. A private company offers the EcoBroker designation.

Questions to ask a REALTOR who specializes in green homes:

* Have you had special training in selling green homes?

* Do you serve buyers seeking green houses and do you have a list of buyers actively seeking green homes?

* How many green home sales have you completed in the past year?

* How do you market a green home differently than a regular home?

ASK WHETHER YOUR MLS IS GREEN

About 30 to 40 of the 900 home MLSs nationwide (databases where agents list properties for sale) have special fields in which your agent can identify your home's green features. Agents for potential buyers can search a green MLS to look for a green home or green features like solar panels or an energy-efficient furnace.

Over time, as the home MLS data grow, the results will help appraisers easily find comparable sales of green homes, which they can then use to more accurately value a green home like yours.

On the web, large sites that use home MLS data offer some green home search capacity. At http://www.realtor.com(http//www.Realtor.com), you can search broadly for energy-efficient homes, but not for specific features like solar panels. At Trulia.com you can use keyword search terms like "solar" or "green," but in addition to pulling homes with green features, that search will also bring back listings by real estate agents named Green and homes on streets with the word "solar" in the name.

Curious if your area has a green MLS? Among other places, you'll find them in:

* Albuquerque

* Austin, San Antonio, and Houston, Texas

* Charleston, S.C.

* Memphis and middle Tennessee

* Portland, Ore.

* Santa Barbara and southern California

* Traverse City, Mich.

* Triangle region of North Carolina

* Tucson and Phoenix, Ariz.

LIST YOUR HOME'S GREEN FEATURES

You can trumpet your home's greenness in two ways in the typical green MLS.

Your real estate agent can note if your home or its features have been officially certified or designated green. Then, agents for homebuyers interested in green homes can search for local designations as well as national designations and certifications like:

* Leadership in Energy and Environmental Design (LEED)

* Energy Star

* Enterprise Green Communities

* The Environmental Protection Agency's airPLUS Guidelines and Water Sense programs

* Home Energy Rating System (HERS Index)

* Living Building Challenge

* National Green Building Standard

The other way to highlight your house's green features is to specify them in the home MLS' searchable fields. For example, if you have solar panels, water-saving devices, or geothermal heating, your agent can check those fields. Real estate agents helping buyers interested in a green home can also use the search function to find green homes with specific features.

In some green MLSs, your agent can highlight the brand and model of energy-efficient appliances and building materials. The result is a movement toward a more standardized and accurate way for buyers to find the type of home they want and for you to highlight your home's green upgrades.

USE THE HOME MLS COMMENTS SECTION

What if your local home MLS isn't green? Your agent can market your home's green features in the home MLS by listing them in the additional remarks space. Work with your agent so she knows which features you'd like to highlight, which feature she recommends highlighting, and how those features contribute to your home's energy efficiency and eco-friendliness.

CAN YOU GET MORE MONEY FOR A GREEN HOME?

Data show your green home could sell faster and at a higher price than a similar house without green features. In 2009, certified green houses in Atlanta sold 31 days faster than traditional homes, according to the Earth Advantage Institute, a Portland, Ore., nonprofit that certifies green homes. Certified green houses in Seattle built from 2000 to 2008 sold for 8% to 9% more per square foot than traditional homes, according to local sales statistics.

MORE FROM HOUSELOGIC

Professional energy audits

What you should know about appraisals

OTHER WEB RESOURCES

REGREEN residential remodeling guidelines

More on tax credits for energy efficiency

G.M. Filisko is an attorney and award-winning writer who just added energy-efficient windows to her Chicago condo. A regular contributor to many national publications including Bankrate.com, REALTOR Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Article From Houselogic.com

By: G. M. Filisko

Published: August 04, 2010

Grand Opening Celebration!

2010-09-21T12:34:00.011-04:00

You're invited to a Grand Opening Celebration!

Tuesday, September 21, 2010, 5:00pm - 7:00pm

Join Coldwell Banker Sea Coast Realty for the Grand Opening of our South Brunswick office!

FREE Food & Fun!
* Hamburgers & hot dogs by the Butcher of Brunswick
* Inflatable Bounce House & Hula Hoops
* Prizes.

The office is located at 127 Village Road in Shallotte, NC.

Our FREE, fun-filled, family-style event is sponsored by Alpha Mortgage, Beacon Title Agency, and Baker & Colby, PLLC.

For more information, please call our South Brunswick office at 910-754-6782 .

5 Tips to Prepare Your Home for Sale

2010-09-21T09:37:00.001-04:00

Working to get your home ship-shape for showings will increase its value and shorten your sales time.

Many buyers today want move-in-ready homes and will quickly eliminate an otherwise great home by focusing on a few visible flaws. Unless your home shines, you may endure showing after showing and open house after open house-and end up with a lower sales price. Before the first prospect walks through your door, consider some smart options for casting your home in its best light.

1. HAVE A HOME INSPECTION
Be proactive by arranging for a pre-sale home inspection. For $250 to $400, an inspector will warn you about troubles that could make potential buyers balk. Make repairs before putting your home on the market. In some states, you may have to disclose what the inspection turns up.

2. GET REPLACEMENT ESTIMATES
If your home inspection uncovers necessary repairs you can't fund, get estimates for the work. The figures will help buyers determine if they can afford the home and the repairs. Also hunt down warranties, guarantees, and user manuals for your furnace, washer and dryer, dishwasher, and any other items you expect to remain with the house.

3. MAKE MINOR REPAIRS
Not every repair costs a bundle. Fix as many small problems-sticky doors, torn screens, cracked caulking, dripping faucets-as you can. These may seem trivial, but they'll give buyers the impression your house isn't well maintained.

4. CLEAR THE CLUTTER
Clear your kitchen counters of just about everything. Clean your closets by packing up little-used items like out-of-season clothes and old toys. Install closet organizers to maximize space. Put at least one-third of your furniture in storage, especially large pieces, such as entertainment centers and big televisions. Pack up family photos, knickknacks, and wall hangings to depersonalize your home. Store the items you've packed offsite or in boxes neatly arranged in your garage or basement.

5. DO A THOROUGH CLEANING
A clean house makes a strong first impression that your home has been well cared for. If you can afford it, consider hiring a cleaning service.

If not, wash windows and leave them open to air out your rooms. Clean carpeting and drapes to eliminate cooking odors, smoke, and pet smells. Wash light fixtures and baseboards, mop and wax floors, and give your stove and refrigerator a thorough once-over.

Pay attention to details, too. Wash fingerprints from light switch plates, clean inside the cabinets, and polish doorknobs. Don't forget to clean your garage, too.

MORE FROM HOUSELOGIC

Develop a Landscape Plan to Fit Your Budget

Spring Cleaning Guide

G.M. Filisko is an attorney and award-winning writer who has found happiness in a Chicago brownstone with the best curb appeal on the block. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Article From Houselogic.com

By: G. M. Filisko

Published: February 10, 2010

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

August 2010 Top Producers

2010-09-20T09:23:00.022-04:00

Coldwell Banker Sea Coast Realty is pleased to announce our Top Producers for August 2010.

Wilmington Office
Top Listing Agent - Jennifer Farmer
Top Selling Agent - Jessica Riffle Edwards
Top Listing Team - Jack Gale Team
Top Selling Team - Cynthia Strickland Team

Carolina Beach Office
Top Listing Agent - Sherri Pridgen
Top Selling Agent - Julie Damron
Top Listing Team - Shawndy Conway & Jessica Keenan
Top Selling Team - Shawndy Conway & Jessica Keenan

North Brunswick Offices
Top Listing Agent - Lynda Haraway
Top Selling Agent - Mark Koellmer
Top Listing Team - Dennis and Penny Krueger Team
Top Selling Team - Emily Willetts Team

Onslow/Pender Offices
Top Listing Agent - Christina Pitz
Top Selling Agent - Christina Pitz
Top Listing Team - Roger Mitchell Team
Top Selling Team - Roger Mitchell Team

Hampstead Office
Top Listing Agent - Lisa Mathews
Top Selling Agent - Lisa Mathews

Leland Office
Top Listing Agent - Karen Schwartz
Top Selling Agent - Karen Schwartz

South Brunswick Office
Top Listing Agent - Scott Haigler and Jeanette Haigler
Top Selling Agent - Monroe Enzor

Top New Home Sales Associate
Chris Cunningham and Tom Craigg

August 2010 OVERALL TOP PRODUCERS
Roger Mitchell
Cynthia Strickland
Jack Gale
Christina Pitz
Stephanie Gasparovic
Brett Knowles
Emily Willetts
Karen Schwartz
Lori Smith
Beth Fortunato

7 Steps to Take Before You Buy a Home

2010-09-19T09:28:00.001-04:00

Article From Houselogic.com

By: G. M. Filisko

Published: February 10, 2010

By doing your homework before you buy, you'll feel more content about your new home.

Most potential homebuyers are a smidge daunted by the fact that they're about to agree to a hefty mortgage that they'll be paying for the next few decades. The best way to relieve that anxiety is to be confident you're purchasing the best home at a price you can afford with the most favorable financing. These seven steps will help you make smart decisions about your biggest purchase.

1. DECIDE HOW MUCH HOME YOU CAN AFFORD
Generally, you can afford a home priced 2 to 3 times your gross income. Remember to consider costs every homeowner must cover: property taxes, insurance, maintenance, utilities, and community association fees, if applicable, as well as costs specific to your family, such as day care if you plan to have children.

2. DEVELOP YOUR HOME WISH LIST
Be honest about which features you must have and which you'd like to have. Handicap accessibility for an aging parent or special needs child is a must. Granite countertops and stainless steel appliances are in the bonus category. Come up with your top-five must-haves and top-five wants to help you focus your search and make a logical, rather than emotional, choice when home shopping.

3. SELECT WHERE YOU WANT TO LIVE
Make a list of your top-five community priorities, such as commute time, schools, and recreational facilities. Ask your REALTOR to help you identify three to four target neighborhoods based on your priorities.

4. START SAVING
Have you saved enough money to qualify for a mortgage and cover your downpayment? Ideally, you should have 20% of the purchase price set aside for a downpayment, but some lenders allow as little as 5% down. A small downpayment preserves your savings for emergencies.

However, the lower your downpayment, the higher the loan amount you'll need to qualify for, and if you still qualify, the higher your monthly payment. Your downpayment size can also influence your interest rate and the type of loan you can get.

Finally, if your downpayment is less than 20%, you'll be required to purchase private mortgage insurance. Depending on the size of your loan, PMI can add hundreds to your monthly payment. Check with your state and local government for mortgage and downpayment assistance programs for first-time buyers.

5. ASK ABOUT ALL THE COSTS BEFORE YOU SIGN
A downpayment is just one homebuying cost. Your REALTOR can tell you what other costs buyers commonly pay in your area-including home inspections, attorneys' fees, and transfer fees of 2% to 7% of the home price. Tally up the extras you'll also want to buy after you move-in, such as window coverings and patio furniture for your new yard.

6. GET YOUR CREDIT IN ORDER
A credit report details your borrowing history, including any late payments and bad debts, and typically includes a credit score. Lenders lean heavily on your credit report and credit score in determining whether, how much, and at what interest rate to lend for a home. Most require a minimum credit score of 620 for a home mortgage.

You're entitled to free copies of your credit reports annually from the major credit bureaus: Equifax, Experian, and TransUnion. Order and then pore over them to ensure the information is accurate, and try to correct any errors before you buy. If your credit score isn't up to snuff, the easiest ways to improve it are to pay every bill on time and pay down high credit card debt.

7. GET PREQUALIFIED
Meet with a lender to get a prequalification letter that says how much house you're qualified to buy. Start gathering the paperwork your lender says it needs. Most want to see W-2 forms verifying your employment and income, copies of pay stubs, and two to four months of banking statements.

If you're self-employed, you'll need your current profit and loss statement, a current balance sheet, and personal and business income tax returns for the previous two years.

Consider your financing options. The longer the loan, the smaller your monthly payment. Fixed-rate mortgages offer payment certainty; an adjustable-rate mortgage offers a lower monthly payment. However, an adjustable-rate mortgage may adjust dramatically. Be sure to calculate your affordability at both the lowest and highest possible ARM rate.

MORE FROM HOUSELOGIC
Learn how Fannie Mae and Freddie Mac mortgages can help you save on financing

Learn more about the costs of homeownership

OTHER WEB RESOURCES
Homebuyer counseling resources

Get a free credit report from each of the three credit reporting bureaus

G.M. Filisko is an attorney and award-winning writer who has thrice survived the homebuying process. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

6 Questions Foreclosure Buyers Should Ask

2010-09-17T14:33:00.002-04:00

By: James J. Saccacio

There are questions that buyers in any market should be asking before they make an offer on a property in foreclosure.

1. Is now a good time to buy a foreclosure?

This is a very common question from both real estate professionals and prospective buyers. Obviously, because local market conditions vary, the answer is different from market to market. But there are questions that buyers in any market should be asking before they make an offer on a property in foreclosure.

2. What's the first step buyers need to take?

Require buyers you work with to be preapproved for a loan before you help them shop for a foreclosure. If they're thinking of buying a foreclosure as an investment or second home, they need to understand that financing the home will be more difficult and more expensive than financing a primary residence. Lenders typically charge higher interest rates and require a larger down payment for investment or second homes.

3. How can you tell a bad foreclosure from a good one?

Certainly there are great deals in many markets for both investors and buyers looking for a primary residence. But making a sound deal can be tricky. Buyers need to be wary of unpaid liens, including mortgage debt, taxes, construction loans, home equity lines of credit, and possibly a second or third mortgage. Any or all of these financial obligations could become your clients' responsibility when they purchase a property in foreclosure. Unless the property goes through a foreclosure auction and becomes a bank-owned REO, the outstanding foreclosure liens and fees could be simply transferred to the new owner-your clients. Don't let them fall into the same financial trap as the previous owner.

4. If I'm a qualifying borrower, can I appeal to banks for better loan terms?

Lenders are drowning in defaults-particularly in hard-hit real estate markets such as Arizona, California, Florida, Michigan, Nevada, and Ohio-so they may be motivated to cut a deal. If your clients have a good credit score, many banks will offer them a below-market-rate loan on a bank-owned home. Unlike paying down with points, this doesn't cost anything in fees, and it gives them the ability to spend more for the home.

5. What are the costs of buying a foreclosure?

It takes money to make money. The best opportunities are for buyers with cash. If your clients are planning to rent out the property or even resell it for a quick profit, make sure they consider the carrying costs, including sales commissions, marketing costs, vacancies, taxes, insurance, and maintenance costs. Once you've calculated all the expenses, add on another 10 percent to 15 percent. If they don't build in a "surprise fund," your clients might be the next foreclosure statistic.

6. How does choice of neighborhood affect foreclosure investments?

Clients looking for a good investment should generally avoid neighborhoods overrun with foreclosures, particularly newer subdivisions in overbuilt exurban areas. Investors will be tempted to buy foreclosures in these areas because they offer the steepest discounts-but they also carry the most risk of further depreciation. Look in well established neighborhoods with good schools and transportation. If you're in a market where prices are still falling, encourage your clients to factor falling prices into any offer they submit on a foreclosed property.

James J. Saccacio is chief executive officer of RealtyTrac, a Web site that tracks properties in foreclosure.

Published: April 2010 REALTOR magazine

Factors that Influence Property Appraisals

2010-09-15T14:23:00.007-04:00

By Barbara Ballinger

Here are some of the factors that appraisers Joni L. Herndon of Real Property Analysts/Gulf Coast in Tampa, Fla., and John A. Hillas of Hulbert & Associates Inc. in Modesto, Calif., say they consider when determining value.

* Incentives and concessions. Most of today's buyers expect to pay the lowest possible price and still get some extras. Sellers and home builders are offering money toward closing costs, remodeling and decorating, upgrades, and association dues. The price set initially may not be the final price once concessions are factored out. Appraisers care about that final number.

* Closing date. Forget what comparable neighborhood houses sold for a few months back. Appraisers want prices from the most recently closed transactions. "If a sale was more than 45 days ago, even 35, the price may be irrelevant," Hillas says.

* Condition and curb appeal. Appraisers typically find several properties with similar interior and exterior features to determine value. When markets are healthy, blemishes matter less, but when markets soften, problems-a dated kitchen or barren lawn-can reduce prices and deter buyers. "The difference in value is not just the repair costs but the time and hassle to make them. It's better for sellers to do work in advance," Hillas says.

* Foreclosures. Appraisers technically shouldn't consider neighborhood foreclosures when valuing a home, since foreclosures don't meet the Appraisal Institute's definition of a property reasonably exposed in a competitive market, says Herndon. "But when several neighborhood homes are abandoned, it's hard not to caution sellers that this is a troubling trend and may affect home values," she says.

* Changing demographics. If a house is in an up-and-coming area, the value can be expected to rise. A location that's perceived as safe also may help attract the increasing number of single female buyers.

* Economic clouds. If there's an oversupply of comparable homes for sale, or if the local job market is suffering, buyers may be hesitant to invest. Hillas advises setting prices aggressively from the get-go.

* Chemistry. It's hard to account for those times when buyers fall in love with a house, despite a high price, poor condition, or tough economy. "Emotional attachment is a factor that can't be predicted," says Herndon. Hillas agrees, "It's what makes it harder to appraise homes versus commercial buildings, where buyers care more about the bottom line."

Published: April 2009 REALTOR magazine

Reprinted from REALTOR® magazine with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2008. All rights reserved.

5 Ways to Add Condo Curb Appeal

2010-09-13T12:09:00.000-04:00

How can you make that condo stand out from others on the block?

Sales of condominiums and co-ops accounted for nearly 13 percent of all home sales in 2009, according to the NATIONAL ASSOCIATION OF REALTORS®, and in many markets that number is much higher.

But with inventory still high in some areas, buyers may have a tough time making up their mind. Here's how to make sure your condo listings create a great first impression.

1. Make the front door shine.
Keep it simple, clean, and attractive, says Debbie Rumsey with Century 21 Sea Coast in Encinitas, Calif. If the front door is exposed to the outside, remove knickknacks such as wind chimes and add a healthy potted plant. And don't forget a fresh welcome mat.

2. Get buy-in from the neighbors.
A friendly smile from a neighbor can be just what a buyer needs to make an offer, says Joan Lorberbaum Moore of Lang Realty in Boca Raton, Fla. "I make it a point to introduce myself to the residents of the neighboring apartments when I take on a new listing."

3. Show off hidden treasures.
If the front of the building is blah, then highlight a different area as your main property photo, says Margaret Goss of Baird & Warner in Winnetka, Ill. For example, focus on the back of the building to show off attractive amenities such as a pool or garden.

4. Tidy up the mail.
In multifamily buildings with a central area for mailboxes, add a nice basket for overflow mail, says Elizabeth Bolton of Coldwell Banker in Cambridge, Mass. Also, make sure hallways and stairs are swept or vacuumed and that shoes aren't left outside the doors.

5. Team up with the HOA.
When there are many units for sale in the same building, why not work together to make sure the building is looking its best? Christopher Watters of Texas Ranch & Home Realty in Austin, Texas, suggests attending a condo association meeting to discuss simple improvements such as sprucing up the lobby, planting flowers, or adding flattering external lighting.

Published: April 2010 REALTOR magazine

Reprinted from REALTOR® magazine with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright 2008. All rights reserved.

Low-Maintenance Lawn Alternatives: Ground Cover

2010-09-11T14:14:00.007-04:00

If you want a yard that demands less time, money, and water, consider ground cover rather than a traditional lawn.

Americans have long had a soft spot for lawns. Turf grass covers nearly 47 million acres in the U.S., according to the Lawn Institute. But there's plenty that's not green about all that green. For starters, the average household dumps 60 gallons of water a day on conventional lawns. Toxic lawn herbicides and pesticides run off into lakes and streams. Gas-powered mowers spew pollution into the air. And then there's all that time spent watering, weeding, seeding, sodding, thatching, and mulching.

If you're looking for an alternative, consider replacing some or all of your high-maintenance turf with ground covers that form walkable "carpets," and innovative grasses that require little or no water or mowing once established.

In turn, you'll reduce the need for irrigation, stop washing harmful chemicals into the watershed, add depth and texture to your landscape, and spend your spare time enjoying your yard instead of manicuring it.

CREEPING PERENNIALS, CLOVER, AND OTHER GROUND COVERS

There's a ground cover to meet most needs, whether you're planting a pathway, a hedge, or a broad swath of green. They run the gamut of foliage textures and colors, and many have wonderful flowers. Some varieties are ground-hugging and feel delicious under bare feet. Others grow up to two feet tall, making them ideal as barriers or landscape punctuation.

Look for attributes that meet your needs: child-durable, deer-resistant, drought-tolerant, shade-loving. Mixing them up is not only aesthetically pleasing, it's also good for the landscape: Diversity increases resistance to pests and disease and reduces the need for fertilizer and pesticides. Here are some popular choices.

Creeping perennials: Tight to the ground, these plants are especially good for cushy green carpets. They keep out weeds and allow air, water, and nutrients to get to plant roots. Many work equally well in rock gardens or in crevices between stepping stones, in full or partial sun. These include mat-forming New Zealand Brass Buttons (Cotula squalida) and Scotch or Irish Moss (Sagina subulata), which isn't a moss at all but a perennial that forms a cushiony blooming carpet.

Some, like Blue Star Creeper (Laurentia fluviatilis), which has tiny green foliage, bear up to heavy foot traffic. Creeping Jenny (Convolvulus arvensis) has an extensive root system that makes it quick to spread and tough to kill. That's a good thing if you're looking for a tough turf alternative but a problem if it creeps into beds where you don't want it.

Besides being good creepers, many ground-hugging perennial herbs are often nicely scented, hardy under foot traffic, and even edible. These include chamomile (Chamaemelum nobile), which has fern-like foliage and white flowers with yellow centers; Corsican mint (Mentha requienii), which thrives in shade, exudes a minty smell when trod upon, and is edible; and various thymes (Woolly, Red, Prostrate), which feature dainty flowers and work well between pavers or as a low mounding carpet.

Creeping perennials cost $6 to $10 per plant. A 15-by-20-foot area with plants 2 inches apart (for instant density) requires 300 plants. But if you're patient enough to wait a year or so for them to spread, you can buy fewer plants and space them 12 inches apart.

Clover: Although clover has gotten a bad rap as a weed, it's actually not a weed at all. In fact, a clover lawn (or, for high-traffic areas, a clover-grass mix) has many advantages. Sweet-scented, inexpensive, and quite durable, white clover (Trifolium repens) grows in any kind of soil, stays green even during low-water periods, and feels lovely underfoot.

Low-growing clover doesn't need regular cutting, nor does it need fertilizer, but an occasional mow will encourage new growth and discourage bees. If you don't mind the bees, consider letting your clover bloom, which benefits the bees and the environment. Clover is one of the least expensive groundcover options, costing about $4 to seed 4,000 square feet.

Laura Fisher Kaiser writes about architecture, design, and sustainability. She is in the process of letting clover, moss, and creeping jenny take over what's left of her Washington, DC, lawn.

Article From Houselogic.com

By: Laura Fisher Kaiser

Published: March 18, 2010

Visit Houselogic.com for more articles like this. Reprinted from HouseLogic.com with permission of the NATIONAL ASSOCIATION OF REALTORS (R).

Lawn Maintenance Calendar

2010-09-09T14:08:00.015-04:00

Regular lawn maintenance gives your home maximum curb appeal and preserves the value of your property.

A healthy, well-maintained lawn is more than just good-looking-it's a key to preserving the value of your home. Regular lawn maintenance enhances curb appeal, making your home-and neighborhood-attractive to passersby and potential buyers.

According to Su Chi Straka-Phillis, a residential real estate appraiser with Central Appraisal Services of Parma, Ohio, a well-kept lawn preserves a home's value.

Put off routine maintenance, and you risk devaluing your home. In fact, an unkempt lawn can be a warning sign to buyers of other potential home maintenance issues, explains Cecilia Sherrard, a real estate agent in Rocky River, Ohio. "The outside of the home is the first thing people see, and if it's not properly maintained, many will not be interested in scheduling a showing to see the inside."

KNOW YOUR GRASS TYPE

There are two main types of lawn grass: cool-season and warm-season. Homeowners living in the Northeast, Midwest, and Northwest should grow cool-season grasses. As depicted on the Plant Heat-Zone Map provided by the American Horticultural Society, the regions for cool-season grasses are approximately zones 1 through 7.

Cool-season grasses do most of their growing in spring and fall, often going dormant in the summer. Cool-season grasses include bermudagrass, zoysiagrass, and St. Augustine grass.

Those living in the Southeast and Southwest (zones 8 through 12) will generally have warm-season grasses. Warm-season grasses thrive from late spring to early fall and go dormant in the winter. Varieties include tall fescue, Kentucky bluegrass, and perennial ryegrass.

If you're unsure which zone applies to you, check your state extension service.

MOWING

Grass type: All
Maintenance schedule: Spring to fall

"The taller the grass, the deeper the roots, the fewer the weeds, and the more moisture the soil holds between watering," explains Richard Hentschel of the University of Illinois Extension. Hentschel recommends the mower blade height be permanently set to 3 inches.

In prime growing season (spring and fall for cool-season; summer for warm), homeowners should mow frequently enough so they're removing no more than one-third of the grass blade. If possible, resist the urge to mow the grass when wet, as the practice can spread diseases that affect lawns.

Mower blades should be sharpened monthly to ensure clean, sharp cuts. A dull blade tears the grass, leaving jagged edges that discolor the lawn and invite pathogens. Consider spending about $20 for a backup blade so that a sharp one is always on hand.

WATERING

Grass type: All
Maintenance schedule: Spring to fall

Deep and infrequent watering is better for lawns than frequent sprinkles, which promote shallow root growth, says Hentschel. In general, lawns need about one inch of water per week to maintain green color and active growth.

Lawns that receive less than that will likely go into dormancy. To stay alive, dormant lawns should still receive at least 1 inch of water per month.

To check the output of a sprinkler, scatter some pie tins around the yard to see how much water collects in a specific length of time. Having a rain gauge ($5 to $20) will help you keep track of how much water the lawn receives naturally. Allowing a cool-season lawn to go dormant in the summer can save hundreds of gallons of water, depending on the size of your lawn.

FEEDING

Grass type: Cool-season
Maintenance schedule: Early fall

Grass type: Warm-season
Maintenance schedule: Late spring

"It used to be common to fertilize a lawn three or four times per year," says Hentschel. "Now we suggest just once a year when it will do the most good." For cool-season grasses, that time is early fall, so the grass enters winter dormancy in a much healthier state.

For warm-season grasses, the best time to fertilize is late spring, just as the grass begins its most active growth. For best results, closely follow the application directions on the product. Cost is around $50 to $75 per application.

People interested in organic fertilizers have never had an easier time finding them at local garden centers. Homeowners who mow regularly with mulching mowers are encouraged to leave the clippings on the ground, where they'll decompose and recycle nutrients into the soil.

WEED-CONTROL HERBICIDE APPLICATION

Grass type: Cool-season
Maintenance schedule: Fall

Grass type: Warm-season
Maintenance schedule: Late winter

Homeowners should embrace the idea that an occasional weed is OK, says Hentschel. For minor weed invasions, removal by hand of the entire plant and roots is recommended. When the situation becomes impossible to contain by hand, it might be necessary to apply an herbicide.

For cool-season grasses, the best time to apply a weed killer is in fall, when both old and new weeds can be eliminated before winter. Warm-season grasses often benefit from a late-winter application of a pre-emergent herbicide to prevent weeds from growing.

In place of weed and feed products, which are spread over the entire lawn, Hentschel prefers liquid-based herbicides that are applied only where needed. It's imperative to read and follow all directions on herbicide labels. Cost is around $15 to $45 per application.

GRUB CONTROL

Grass type: Cool-season
Maintenance schedule: Early summer

Grass type: Warm-season
Maintenance schedule: Late summer

Grub worms, the larval stage of June, Japanese, and other beetles, feed on the tender root systems of lawns. Affected lawns exhibit browning and wilting patches.

To be certain that the culprits are grubs, Hentschel suggests that homeowners pull back the sod and look for white, C-shaped grubs. If they're present at a rate exceeding 10 per square foot, they should be treated with a chemical pesticide.

Milky spore is an environmentally friendly way to control some species of grubs. When using insecticides, read and follow all label directions and water the product into the soil immediately. Cost is around $50 to $75 per application.

PATCHING

Grass type: Cool-season
Maintenance schedule: Early fall

Grass type: Warm-season
Maintenance schedule: Early summer

The best time to patch bare or thin spots in a lawn is at the start of the grass's most favorable growing period. For cool-season grasses that means waiting until the hot, dry days of summer have given way to cooler fall temps.

Warm-season grasses thrive in summer, so it's best to sow seeds at the start of that season. Hentschel says to buy only high quality disease-resistant seed with good germination rates, which by law have to be listed on the label. Cost is anywhere from $20 to $75, depending on the size of the areas to be patched.

CLEANUP

Grass type: All
Maintenance schedule: Spring to fall

Although small particles of grass are fine to leave on the lawn, large piles that exit a side-discharge mower should be removed. Fallen leaves, twigs, and debris should be raked up regularly. In climates where it snows, it's best to remove fall leaves before winter. A thick layer of wet leaves can smother a lawn if not immediately removed in early spring.

Download our free PDF worksheet for an easy-to-use seasonal maintenance task chart.

Douglas Trattner has covered home maintenance and improvement topics for HGTV.com, DIYNetworks, and the Cleveland Plain Dealer. During the 10-year stewardship of his 1925 Colonial, he's upgraded the furnace, added insulation, replaced most appliances, and mowed his lawn every time but once.

Article From Houselogic.com

By: Douglas Trattner

Published: February 04, 2010

Visit Houselogic.com for more articles like this. Reprinted from HouseLogic.com with permission of the NATIONAL ASSOCIATION OF REALTORS (R).

Sea Coast "Scoop Off"

2010-09-07T16:04:00.007-04:00

Wilmington's real estate community is squaring off in a a "Scoop Off" to benefit the American Heart Association!

Coldwell Banker Sea Coast Realty president Tim Milam will be scooping Italian ice and frozen custard at Rita's in Wilmington's Lumina Commons on Wednesday, September 8, 2010, 1:00-3:00PM.

Rita's will donate all of the profits from all of Milam's scoops to the American Heart Association's Heart Walk.

To heat up the cool contest, Milam will be competing against Intracoastal Realty's Jim Wallace to see who can serve up the most scoops for charity.

Bring your friends, family, and co-workers to cool off with some frozen custard or Italian ice for a great cause. Rita's is located in Lumina Commons at 1982 Eastwood Road in Wilmington.

Landscaping for Curb Appeal

2010-09-07T12:58:00.012-04:00

A well-landscaped yard creates curb appeal and helps your property retain maximum value.

A beautiful yard is a head-turner, no doubt about it. The good news is that even if you can't tell a tulip from a turnip at the garden center, you can still create eye-catching curb appeal by paying attention to the basics of good landscaping. Ignoring your yard--or doing something that's out of character with the neighborhood-can jeopardize the assessed value of your home.

"We have several categories for design and appeal," says Frank Lucco, a real estate agent and professional appraiser in Houston. "That's where we make those adjustments. Poorly maintained landscaping can be as much as a 5 or 10% deduction."

Appraisers are quick to praise the allure of a well-tended lawn and good-looking landscaping when it comes time to sell your home, but most do not assign any specific increase in monetary value for upkeep.

"Landscaping is going to add to the appeal of the property and it may sell quicker, but it's hard to determine value," says John Bredemeyer, president of Omaha-based Realcorp. "You have to have a number to compensate someone if you drove into their tree and killed it, but is it really market value? Probably not."

Nevertheless, most professionals agree that curb appeal and a well-maintained appearance prevent your property from losing value. Here are the top suggestions from real estate agents, appraisers, and landscape designers for boosting the curb appeal of your yard:

GREEN UP THE GRASS

If your house has a front yard, make sure it's neat and green. You don't want bare spots, sprawling weeds, or an untrimmed appearance.

"It's so simple to go to Home Depot, buy fertilizer, apply it every six weeks, and water it," says Mitch Kalamian, a landscape designer in Huntinginton Beach, Calif. "It will green up."

If the yard looks really scruffy, you may decide to invest in some sod. According to the National Gardening Association, the average cost of sod is 15 to 35 cents per sq. ft. If you hire a landscaper to sod your yard for you, labor will add 30% to 50% to the total cost of the project.

Another alternative is to plant low-maintenance turf grasses. Turf grasses are durable and drought-resistant. Expect to pay $18 to $30 for enough turf grass seed to plant 1,000 sq. ft. of lawn area.

ADD COLORFUL PLANTING BEDS

Flower beds add color and help enliven otherwise plain areas, such as along driveways and the edges of walkways. In general, annual flowers are a bit cheaper but must be replaced every year. Perennials cost a bit more but come back annually and usually get larger or spread with each growing season.

If you're not sure what to plant, inquire at your local garden center. Often, they'll have a display of bedding plants chosen for their adaptability to your area. Also, they'll be inexpensive because they're in season, says Peter Mezitt, president of Weston Nurseries in Hopkinton, Mass. Try pansies in the summer, and asters and mums in the fall to add vibrant color. "That's what we do around the entrance to our garden center," Mezitt says.

Valerie Torelli, a California REALTOR; who dresses up her clients' yards to sell their houses faster and for more money, says that in her market, she can put in a bed of colorful annuals and bark, as well as cutting down overgrown shrubs, for less than $500. "We can buy gorgeous plants for $3.99 to $15.99," she says.

ADD LANDSCAPE LIGHTING

For homeowners who have made a sizeable investment in landscaping, it makes sense to think about adding another 10% to 15% to the bill for professional lighting. "You can't see landscaping after dark," says Brandon Stephens, vice president of marketing for a landscape lighting firm in Lubbock, Texas, "and buyers are not always looking at houses on a Saturday afternoon."

The cost of a system runs from $200 for a DIY installation to more than $4,000 for a professional job. If you're doing it on your own, the key is to light what you want people to see, such as mature trees and flowering shrubs.

PLANT A TREE

The value of mature trees is particularly difficult to determine. Lucco says that in his market, mature trees contribute as much as 10% of a $100,000 property's overall value. In addition, a properly placed shade tree can shave as much as $32 a year on your energy bills. Expect to pay $50 to $100 for a young, 6- to 7-foot deciduous tree.

You can make your own initial assessment of the value of your property's trees by visiting the National Tree Benefit Calculator. For example, a mature Southern red oak tree with a diameter of 36 inches in the front yard of a house in Augusta, Ga., would add $70 to the property value this year, according to the calculator.

Georgia-based freelance writer Pat Curry writes extensively about housing and real estate for consumer and trade publications. While a fair hand at remodeling, she is hopeless as a gardener. As a result, her landscaping is made up of plants that thrive on neglect.

Article From Houselogic.com

By: Pat Curry

Published: March 25, 2010

Visit Houselogic.com for more articles like this. Reprinted from HouseLogic.com with permission of the NATIONAL ASSOCIATION OF REALTORS (R).

Develop a Landscape Plan to Fit Your Budget

2010-09-05T12:53:00.004-04:00

The success of any landscaping project depends on having a plan and sticking to it.

Landscaping is one of the surest ways to pump up the value of your property. According to research by Virginia Cooperative Extension, going from a plain lawn and a concrete driveway to a well-landscaped lot raises a home's perceived value by 12.7%. The opposite is also true: A "minimal" landscaping job-a thoughtless smattering of scraggly plants-actually detracts from home value.

How much should you invest in upgrading your landscape? Professionals recommend budgeting 10% of your home's value. But the important thing to remember is that success doesn't depend on how much you spend. "Landscaping doesn't have to be expensive, just well planned," says Carl Heldmann, author of "Be Your Own House Contractor." Here's how to get started on a landscape plan of your own.

FIRST, CONSULT A PRO

To figure out how to allocate your landscape dollars, start by picking the brain of a pro. Even if you have a naturally green thumb, a trained professional can save you from wasting money on wrongheaded ideas and open your eyes to possibilities you haven't considered. There are various types of landscape pros, and their expertise is priced accordingly.

If your yard has major issues or you have grand ambitions, consider hiring a certified landscape architect to design a comprehensive plan that includes such things as irrigation, lighting, architectural features, soil conditioning, and, of course, the growing stuff. A verbal consultation costs about $100-$150; a detailed plan can run from $300 to $2,500. The American Society of Landscape Architects offers a state-by-state "firm finder" on its website.

Landscape designers typically charge less than degreed landscape architects and are a good choice for simpler projects that don't require construction. Horticulturists specialize in plants, not necessarily design. Then there are landscape contractors, the design-build firms of yard work. Start by asking friends whose gardens you admire for recommendations. Your local home and garden center is another good source for contacts.

SET YOUR PRIORITIES

Before you get any dirt under your nails-or hire someone to get dirty-you need to make two lists: a) what you want and b) what your property needs. These aren't necessarily mutually exclusive, but the exercise is important for setting priorities. It would be folly to spend big bucks on an outdoor kitchen before resolving potentially disastrous issues such as a diseased tree or drainage problems.

The first question that a professional will likely ask is: What do you see yourself doing in your yard? Hosting Sunday barbecues? Doing the crossword puzzle in a hammock? Swimming laps? Growing vegetables? Clip pictures of outdoor spaces you like and don't like to clarify the feeling you're trying to achieve.

Remember that part of your landscape budget will go toward the "b" list. Those are things that may not lend themselves to sexy magazine spreads but can protect your property value-not to mention enhance your quality of life-by lowering water bills, reducing the need to mow or rake, or blocking the view of your neighbor who hot-tubs in the buff. We're talking about practical considerations such as irrigation, fencing, lighting, equipment storage, privacy, and security.

CREATE A "FLOOR PLAN" TO TARGET COSTS

To ballpark costs for materials and labor, think in terms of square footage, which is how landscapers charge. According to Costhelper.com, hiring someone to create a "naturalistic garden" averages $11 a square foot; the cost can double for a formal garden with walls and water features. And don't forget to factor in long-term maintenance such as mowing, mulching, and pruning. (Sweat equity, anyone?)

If you're designing your own plan, start by measuring your property or getting a plat survey from the county. You might even be able to find a topographical map indicating features like slopes and swales. You can sketch the basic layout to scale using old-fashioned graph paper or landscape design software. Prices have come down considerably on the latter, but quality varies widely, so check online reviews before purchasing. A free option: Google's Sketchup, with cool apps for trees, pavers, shrubs, outbuildings, and the like.

Once you have the parameters, create a floor plan, marking off different sections just as you would rooms of a house. The front path is the foyer, there might be a "dining room" with a picnic table, a shady "bedroom" for a hammock, a "rec room" with play equipment. Consider the costs for each area of your plan, including materials, equipment, furnishings, greenery, and any specialized labor like irrigation or electricity.

THINK LONG TERM

If your ambitions exceed your wallet (and whose do not?), go back to your priority list and pick a section or projects to tackle as your budget permits, advises Angela Dye, principal designer/president of A Dye Design, a landscaping firm in Phoenix, Ariz. "What is the absolute most important thing you need to have done?" she asks. "What is bugging you most?"

A carefully conceived plan will keep you on track during this gradual transformation, both in terms of vision and budget. And remember that patience pays off. "Additions or renovations can start losing value once completed," says Jim Lapides, spokesman for the American Society of Landscape Architects. "A landscape literally grows in value over time."

Laura Fisher Kaiser is a contributing editor to Interior Design magazine and a former editor at This Old House magazine. The secret to her Washington, D.C., garden is blood, sweat, tears, and mosquito repellent.

Article From Houselogic.com

By: Laura Fisher Kaiser

Published: September 18, 2009

Visit Houselogic.com for more articles like this. Reprinted from HouseLogic.com with permission of the NATIONAL ASSOCIATION OF REALTORS (R).

Oak Island NC Fishing

2010-09-03T14:33:00.006-04:00

The Brunswick County, North Carolina beach town of Oak Island has beautiful beaches, amazing sunsets, friendly folks, and great fishing.

According to Bobbi Diaz-Welch of Coldwell Banker Sea Coast Realty, you'll love fishing in Oak Island, whether you've been fishing all your life or you've never baited a hook. One of her favorite fishing spots is Ocean Crest Pier. Beginner and veteran anglers of all ages come to the wooden fishing pier to fish for King Mackerel, Spanish Mackerel, Speckled Trout, Flounder, Sheepshead, Pompano, Red Drum, Black Drum, Spadefish, Whiting, Spot, Cobia, and more. Even if the fish aren't biting, you can have a whale of a time just telling fish tales with pier owners Dave and Melinda Cooper.

If you're thinking about buying a home in Oak Island, NC or just visiting, make sure you make time to go fishing. You might just get hooked!

For more information, please visit ‪SeaCoastRealty.com‬ or become our fan on Facebook.‬

Photos contributed by Bobbi Diaz-Welch, Jeff King, and Sea Coast Realty.

7 Tips for Saving Energy in the Laundry Room

2010-09-03T12:48:00.005-04:00

Article From Houselogic.com

By: Douglas Trattner

Published: August 28, 2009

Understanding your laundry room appliances is part of a smart plan to help you save energy in your home.

Good laundry room habits, including some occasional minor maintenance, can save energy and shave nearly $300 off your annual utility bills. That's because you can curb the biggest energy culprit: the cost of heating water.

WASHING MACHINE

The bulk of a washing machine's operating costs-around 90%, says Energy Star - go to replacing the hot water in the home's hot water tank. Reduce the amount of hot water the appliance uses, and you'll significantly shrink its associated utility bills. By washing fewer loads and doing those loads in cooler water, you can save around $200 per year.

1. Use cold water. Switching from hot wash to cold, according Michael Bluejay, also known as Mr. Electricity, who specializes in electricity savings, can shave up to $215 per year off your electric bill. If you have a high-efficiency washer or gas-fueled water heater, assume savings of about half that figure. Cold washes are generally as effective in getting clothes clean as hot.

2. Only wash full loads. Discounting the energy required to heat the water, it costs around $60 per year in electricity to run the washer, according to the U.S. Department of Energy. Because it takes just as much electricity to wash a small load as it does a full one, you'll save money by only washing full loads. By reducing the number of overall loads by one-quarter, you can save $15 a year.

CLOTHES DRYER

Because it's essentially a "toaster with a fan," says Amanda Korane of The American Council for an Energy-Efficient Economy, a nonprofit focused on advancing energy efficiency, the clothes dryer is a difficult appliance to make green. But that doesn't mean there aren't ways to lessen its impact on your utility bill to the tune of about $80 per year.

3. Spin it faster. Good dryer efficiency starts in the clothes washer. Setting the maximum spin speed in the washer will reduce the amount of time-and energy-it takes to get clothes dry. Many of today's high-speed washer spin cycles can cut dry times by as much as half compared with older models. If an average electric clothes dryer costs about $80 per year to operate, according to the DOE, savings can approach the $40 mark.

4. Clean lint filter and exhaust. Dryers have to work harder and longer to dry clothes when air doesn't freely flow. Cleaning the lint filter before every use and doing the same for the exhaust line once a year will help maintain maximum efficiency. Also, check that the duct hose is free from tight bends and obstructions. These small chores not only will save a few bucks per year, they will reduce the risk of fire.

5. Activate energy-saving features. If the dryer has an automated moisture-sensing device, use it. Setting the timer can cause the dryer to run longer than necessary. But a moisture sensor will automatically shut off the machine when it senses clothes are dry. This feature can save $8 to $12 a year.

6. Dry like with like. Lighter items, such as T-shirts and blouses, dry much quicker than heavy items like towels and blankets. Therefore, when these items are combined in the same load, some of the clothes continue to tumble long after they're dry. This extends the dry time of the bulkier items, in turn wasting a few bucks every month.

7. Skip it. Every load in the dryer costs around $0.35, according to Bluejay. Hanging clothing to dry on a line outside or rack inside costs nothing. Racks run about $25-$90 at online retailers. So, by giving the dryer a break even occasionally, savings can add up. Not only will the practice reduce utility bills, it will help extend the life of both the clothes and the appliance.

Douglas Trattner has covered household appliances and home improvement for HGTV.com, DIYNetworks, and the Cleveland Plain Dealer. During the 10-year stewardship of his 1925 Colonial, he's upgraded almost every household appliance. After lengthy deliberation, he recently replaced an aging top-load washing machine with an energy-efficient front-load unit.

Reprinted from HouseLogic with permission of the NATIONAL ASSOCIATION OF REALTORS (R).

7 Tips for Saving Energy with Home Lighting

2010-09-01T12:44:00.005-04:00

Article From Houselogic.com

By: Charlotte Barnard

Published: August 28, 2009

Lighting eats up as much as 20% of your annual electric bill, but using energy-efficient bulbs and making other simple changes can cut lighting costs dramatically.

Lighting is one of the biggest energy gobblers in your house, eating up between 10% and 20% of your total electric bill. But it's also one area of the home where a minimal effort can yield major returns. Simply replacing standard incandescent light bulbs with compact fluorescents can lower operating costs by as much as 75% per bulb. And in places where you can't-or don't want to-switch to CFLs, you can use higher-efficiency incandescents and even make your existing conventional lighting cheaper to operate. When new federal legislation takes effect in 2012, all light bulbs will have to meet tougher energy-efficiency standards. But with a few small changes, you can start saving money right now.

FOR THE GREATEST SAVINGS, SWITCH TO COMPACT FLUORESCENTS

CFLs remain the go-to choice for energy efficiency. They last longer and consume less electricity than a standard incandescent. A 13-watt CFL, for example, gives off the same amount of light as a 60-watt incandescent and burns for 10,000 hours, compared with 1,000 hours for the conventional bulb. A typical CFL saves about $30 in operating costs over its lifetime.

Early CFLs didn't always deliver on light quality or convenience, but aesthetic performance has improved vastly in recent years. They now come in warm, neutral, and cool "colors," and major manufacturers like GE have started enclosing the telltale spiral in a conventional bulb shape so it's less obtrusive.

You get the biggest bang for your buck with CFLs in places where you would otherwise use incandescent bulbs: floor and table lamps and standard overhead fixtures. They last longer when they're not flipped on and off constantly, so they're especially good in rooms that see a lot of activity throughout the day, such as a kitchen or a playroom. A couple of caveats: CFLs can be glary, so they're not the best choice in downward-pointing fixtures like chandeliers, and most don't work with dimmers or timers. Because the bulbs contain mercury, they can't be thrown out in the regular trash. If you bought them at a home center, you should be able to return them there for recycling, or log on to recycleabulb.com to find a disposal center near you.

Cost and savings: Expect to pay $2 to $15 for a CFL, versus 50 cents to $1 for a comparable incandescent, but the CFL will last at least 10 times longer and cost up to 75% less to operate.

MAKE YOUR EXISTING INCANDESCENTS LESS EXPENSIVE TO RUN

By simply lowering the wattage of an incandescent bulb by 15 watts-from 75 to 60, for example-you can knock 15% off the operating cost. And you may not even notice the difference in brightness. "A small reduction in wattage isn't discernible to the eye," says Brett Sawyer, a consultant who blogs about sustainable home design. If the light is on a dimmer, for every 10% you lower the brightness, you'll double the bulb's life. Try this next weekend, Sawyer says: Replace your most-used bulbs with ones at least 10 watts lower. If you don't notice the difference, then replace all the incandescents you can with lower-wattage bulbs. Combine that with CFLs in selected fixtures, and you'll achieve a "light layering" effect that saves money without compromising light quality, and without a hefty upfront investment.

Cost and savings: For every 15-watt reduction, you reduce energy use by 15%. And a $10 dimmer, once installed, costs nothing to use.

KEEP AN EYE ON NEW BULB TECHNOLOGIES

Spurred on by new energy requirements set to go into effect in 2012, bulb manufacturers are working feverishly to come up with more efficient versions of the standard incandescent. Presently, companies including GE, Sylvania, and Philips offer high-efficiency incandescent and halogen bulbs that use less energy than standard incandescents while delivering the same light quality. And research is proceeding apace on how to bring the dramatic energy efficiency of LED technology to residential products. These lights, which require very little current and last even longer than CFLs, are prohibitively expensive for home use (except in certain applications like under-cabinet strip lighting), but that's likely to change in the coming years.

THINK BEYOND THE BULB TO SAVE ON LIGHTING COSTS

Changing bulbs is one way to reduce your lighting bill, but it's not the only way.

Motion sensors: Great in rooms where the occupants can't be counted on to turn off the light, such as a kids' playroom. Devices cost $15 to $50 and take about an hour to install.

Door-jamb switches: Best in a pantry or closet; opening the door activates the light. As much a convenience as it is an energy saver-as long as you remember to close the door. Devices starts at about $15.

Windows: You'd be surprised at how much a simple window cleaning can instantly improve natural light.

Energy Star fixtures: Designed for CFL and LED lights, these can save up to $70 a year in energy costs. Go to energystar.gov to find links to manufacturers.

Lifestyle expert Charlotte Barnard specializes in home improvement and decorating topics and also consults on consumer and residential trends for magazines, web sites, and retail ventures.

Reprinted from HouseLogic with permission of the NATIONAL ASSOCIATION OF REALTORS (R).

5 Tips for Saving Energy in the Family Room

2010-08-30T12:38:00.013-04:00

Article From HouseLogic.com

By: Jane Hodges

Published: September 23, 2009

Reduce your electricity bills by systematically purging your family room of wasteful energy practices.

The fun-a video game console, TV, DVR, DVD, and stereo system-that your family room provides comes with a price. By reducing standby power, using rechargeable batteries in remotes, and replacing incandescent bulbs with compact fluorescents, you could save up to $130 a year in energy costs.

And if you're in the market for a new TV, you can save even more energy by being flexible on the type you buy.

1. Reconsider that plasma TV. The three biggest energy hogs in the family room are the plasma television, DVR/Tivo box, and digital cable box, says the nonprofit American Council for an Energy Efficient Economy, which promotes energy efficiency to consumers and government policymakers.

A typical plasma TV (less than 40 inches) consumes 441 kilowatt hours of electricity per year, according to ACEEE. That translates into about $50 (based on 11.3 cents per kilowatt hour). Next up are TiVo devices at $41 annually, followed by digital cable boxes at $27. Both devices are always fully on because they constantly receive and download data.

Opting for an LCD (liquid crystal display) TV will cost about $8 to operate annually-for an annual savings of about $42 over the plasma. Of course, weigh your decision against the cost of a new TV.

2. Reduce standby power. Vampire power - the energy that's wasted by electronic devices that are plugged in, but not in use-represents about $100 per year in the average household's electricity costs, says Energy Star. Assuming the family room represents about 15% of your electricity bill, you could save about $15 per year with smart standby practices.

Unplug rarely used electronics (like that karaoke machine) altogether and cluster other appliances, even adapters for cell phones and digital cameras, onto power strips ($3-$12 for a six-outlet strip). Then you can fully turn off all attached electronics with one switch.

Unfortunately, some family room electronics, such as set-top boxes and downloading devices like TiVo, can't be turned off, because that would disrupt the digital data-gathering you've programmed them to do. But with a so-called smart power strip (about $20 to $40 through online retailers), you can completely turn off your TV while leaving the always-on DVR plugged in.

3. Opt for Energy Star-rated electronics. They're anywhere from 6% (audio products) to 75% (DVD players) more efficient than non-rated electronics. Take Energy Star-rated television sets. They use about one-third less energy than their nonrated counterparts.

If you can't live without plasma, consider an Energy Star model for which you'll pay $18 less per year in operating costs than for a nonrated one. If you use an Energy Star-rated digital cable box (ask your provider if any are available for no charge), you could pay 30% less for energy-an annual savings of about $8.50. Energy Star hasn't yet published data on swapping out a DVR or Tivo device.

4. Invest in rechargeable batteries. No, they won't help you save on your electric bill. But you'll save on the cost of batteries for your video game system and other entertainment remotes, according to PJ Stafford, founder of Green Irene, an eco-consulting company that provides energy and environmental makeovers to homeowners. You'll help the environment, too. For every rechargeable battery you buy, you prevent at least 500 single-use batteries from entering the waste stream, Stafford says.

Consider a game system charger station, which runs about $25, or outfit your media room with 10 rechargeable batteries and two chargers for $55 to $65. (Rechargeable AA and AAA batteries cost $3 to 3.50 apiece, versus 75 cents to $1 for disposables; a charger costs $25 to $30.) That investment in rechargeable batteries and chargers, in lieu of 500 batteries over four years, adds up to about $310 to $445 in savings. Buying a charging system for your video game system eliminates the need to buy batteries for the controllers.

Call your local trash collection service to find out which batteries can be recycled or taken to a transfer station versus being thrown away. If you're doing a major sweep-out of old batteries and appliances, consider Big Green Box, which lets you send your devices and batteries to a sustainable processing facility. Recycle old rechargeable batteries for free via programs like Call 2 Recycle.

5. Replace bulbs with compact fluorescents. By replacing one 60-watt incandescent bulb with the equivalent compact fluorescent in a family room where lights are on for four hours per day, you could save $7 per year. CFLs cost between $2 and $15.

Jane Hodges has written about real estate for publications including The Wall Street Journal, MSNBC.com, and The Seattle Times. In 2007 she won a Bivins Fellowship from the National Association of Real Estate Editors to pursue a book on women and real estate. Her work has also appeared in The New York Times, CBS's BNET, and Fortune. She lives in Seattle, in a 1966 raised rancher with an excellent retro granite fireplace. Latest home project: Remodeling a basement bathroom.

Visit Houselogic.com for more articles like this. Reprinted from HouseLogic.com with permission of the NATIONAL ASSOCIATION OF REALTORS (R).

7 Steps for Removing Mold

2010-08-28T12:34:00.003-04:00

Mold is a common home intruder that can quickly turn a desirable house into a risky purchase for potential buyers. So, what can home sellers do about it?

What Is Mold?

Mold is a type of fungus made up of tiny microscopic organisms that can grow practically anywhere, such as on ceiling tiles, wallpaper, wood, paints, carpet, and insulation. It multiplies via spores and shows itself in a variety of colors, from greens to browns to pinks, grays, blacks, and yellows. The most common mold growth area in the house is the bathroom, since mold grows on moist materials.

If you spot mold in one of your home, you'll first want to size up the problem, and then create a plan for safe and complete removal.

If the mold is found in a small area, less than 10 square feet, removal can be a do-it-yourself project. Here's how:

1. Wear a face mask, goggles, and rubber gloves. Don't touch mold with bare skin.

2. Seal off the area to prevent the tiny spores from spreading to other parts of the house during the removal process. Open the windows and cover heat registers and ventilation ducts.

3. Wash the affected hard surface areas with a mild detergent solution, such as laundry detergent and warm water. As an added step, wipe the area with a solution of a quarter-cup bleach and one quart of water. (Warning: Do not mix ammonia and bleach; the fumes can be toxic.)

4. Dry the surface completely. Use fans and dehumidifiers or natural ventilation.

5. Apply a borate-based detergent solution. Don't rinse. This will help prevent the mold from growing again. (Look for "borate" listed on the ingredient labels of laundry or dishwasher detergent.)

6. Don't take shortcuts. Never paint or caulk over moldy surfaces. The paint will peel and the mold will resurface.

7. Call a professional. Just when you think you finally won the battle against mold, you might see dormant spores reappear or even spread to clean areas of the house, particularly if proper removal procedures weren't taken. You may need to call a mold remediation company to resolve the problem.

Sources: The Truth About Mold (Dearborn, 2008) by Susan C. Cooper and Mike Buettner; EPA; Washington State Department of Health

Published: April 2009 REALTOR magazine

4 Interior Painting Tips

2010-08-26T12:32:00.004-04:00

Painting is a quick and easy way to liven up a listing. But some smart prep work can make a huge difference in the quality of the results.

1.Get the surface ready.
You want the paint to glide on smoothly, so be sure the surface is clean before you start painting. Remove any handprints, dirt, or scuff marks. Lightly sand any glossy spots to avoid streaks.

2. Select a paint sheen and color.
Ah, the choices! Many paint stores are making it easier to narrow down your choices by offering small trial sizes so that you can test the color at home and look for any variations in daylight and night. Lighting has a big effect on the way color appears. Remember: Higher sheen paints tend to offer more durability than flat paints, so use them in high-traffic areas. Stain or low-lustre finishes offer more warmth and depth than a flat paint. Consider a high sheen paint on the ceiling, which offers good reflection in the room.

3. Don't go cheap on the paint.
It's always tempting to save a buck, but it might not be worth it on paint. Painting is a big job, so you want the expense and quality to show. The Rohm and Haas Paint Quality Institute, a national painting education group, recommends purchasing top-quality acrylic latex interior paint, which will go on smoothly and allow for easy soap and water cleanups.

4. Choose the right paint tools.
If you're using a roller to paint, select the right length of roller nap cover for proper paint coverage. The smoother your painting surface, the shorter the nap should be. Use synthetic materials, which are made from nylon or polyester, when applying latex or water-based paints.

Source: The Rohm and Haas Paint Quality Institute

Published: April 2009 REALTOR magazine

10 Things Every Remodeling Contract Should Include

2010-08-24T12:28:00.007-04:00

By Kelly Quigley

The contract is a critical step in any remodeling project; it holds the job together and ensures that all parties agree to the same vision and scope.

The National Association of the Remodeling Industry spells out the following key elements that every remodeling contract should have:

1. The contractor's name, address, phone number, and license number.

2. Details on what the contractor will and will not do.

3. A list of materials for the project in your contract. This includes information about the size, color, model, brand name, and product.

4. The approximate start date and completion date.

5. All required plans. Study them carefully for accuracy. Insist that you approve them and that they are identified in your written contract before any work begins.

6. Written notice of your right to, without penalty, cancel a contract within three business days of signing it.

7. Financial terms, spelled out in a way that you understand. This includes the total price, payment schedule, and any cancellation penalty.

8. A binding arbitration clause, which you'll need in the event a disagreement occurs. Arbitration may enable you to resolve disputes without costly litigation.

9. Everything you've requested. Consider the scope of the project and make sure all items you've requested are included. If you do not see a specific item in the contract, consider it not included. Never sign an incomplete contract.

10. A warranty covering materials and workmanship for a minimum of one year. The warranty must be identified as either "full" or "limited." The name and address of the party who will honor the warranty (contractor, distributor, or manufacturer) must be identified. Make sure the time period for the warranty is specified.

Published: April 2009 REALTOR magazine

July 2010 Top Producers

2010-08-23T11:32:00.032-04:00

Coldwell Banker Sea Coast Realty is pleased to announce our Top Producers for July 2010.

Wilmington Office
Top Listing Agent - Laura Betz
Top Selling Agent - Greg Beck

Top Listing Team - Stephanie Gasparovic Team
Top Selling Team - Jack Gale Team

Carolina Beach Office
Top Listing Agent - Judy Odom

Top Selling Agent - Julie Damron

Top Listing Team - Conway & Keenan

Brunswick Office
Top Listing Agent - Ginger Harper

Top Selling Agent - Hank Troscianiec

Top Listing Team - Emily Willetts Team

Top Selling Team - Emily Willetts Team

Onslow/Pender Offices
Top Listing Agent - Renee Spencer

Top Selling Agent - Christina Pitz
Top Listing Team - Roger Mitchell Team
Top Selling Team - Roger Mitchell Team

Hampstead Office
Top Listing Agent - Ed Pullen
Top Selling Agent - Donna Smith

Leland Office
Top Listing Agent - Peter David
Top Selling Agent - Les Christensen

Top New Home Sales Associate

Justin Ash

July 2010 OVERALL TOP PRODUCERS

Roger Mitchell
Jack Gale

6 Landscaping Tricks That Wow Buyers

2010-08-22T12:12:00.004-04:00

By Barbara Ballinger

In today's market, sellers have to work harder to persuade buyers that their property is worth the bite.

Landscape designer Michael Glassman has cooked up a recipe for guaranteed curb appeal.

1. Add splashes of color. With every changing season, a landscape should provide a new display of colors, textures, and fragrances. "It's best to use one or two and repeat them," Glassman says. Example: white iceberg roses that bloom in spring, summer, and fall as a backdrop; in front, a contrasting punch of purple salvia or lavender that will flower at the same time; and as an accent, a crape myrtle tree that provides changing leaf colors in fall and interesting branches come winter.

2. Size trees and shrubs to scale. These should be planted in the right scale for the house so that they don't block windows, doors, and other architectural features on the home's facade. A large two-story house can handle a redwood, Chinese pistache, sycamore, or scarlet oak, but a one-story cottage is better paired with a flowering cherry, crabapple, or eastern redbud. Too many trees cast too much shadow and cause potential buyers to worry about maintenance and costs.

3. Maintain a perfect lawn. A velvety green lawn demonstrates tender loving care, so be sure sellers' homes don't have brown spots. Some rocks, pebbles, boulders, drought-tolerant plants, and ornamental grasses will generate more kudos, especially in drought areas.

4. Light up the outside. Good illumination allows buyers to see a home at night and adds drama. Sellers should use low-voltage lamps to highlight branches of specimen trees, a front door, walk, and corners of the house. But less is better. The yard shouldn't resemble an airport runway.

5. Let them hear the water. The sound of water appeals to buyers, and you shouldn't just reserve this for your backyard. A small fountain accented with rocks provides a pleasant gurgling sound, blocks street noise, and is affordable.

6. Use decorative architectural elements. A new mailbox, planted window boxes, and a low fence wrapped in potato vines add cachet, particularly during winter months when fewer plants blossom. Colors should complement the landscape and home. Just don't overdo it: Too much can seem like kitschy lawn ornaments.

Source: Michael Glassman, landscape designer, Michael Glassman and Associates, Sacramento, Calif., http://www.michaelglassman.com/

Published: April 2009 REALTOR magazine

Staging on a Budget: Special Touches

2010-08-20T12:06:00.007-04:00

By Melissa Dittmann Tracey

Real estate pros offer their best, most affordable staging ideas for home exteriors.

Create a DVD of the Home
"Have the sellers make a short DVD of fun times that they had in the home and surrounding area. Make the DVD run on a loop on the TV and use it to show potential buyers the area, neighborhood amenities, proximity to parks museums, etc. It is easy and cost effective." -Scott Holland, Top100AZhomes.com, Phoenix

Frame a Local Scene
"Frame pictures from inexpensive calendars and place them throughout the home. Look for pictures that reflect nature and themes for the local area. We don't want buyers to wish they were in Aruba while looking at a home in snowy Michigan!"- Jannel Lee Allen, Keller Williams Realty, Livonia, Mich.

Showcase Designer Bags
"I stagger colorful, logo, designer, retail bags in different sizes and shapes and place them on the shelves in the walk-in closets in the master bedroom, linen closet as well as other closets. It creates a fun visual and people think it is unique and clever. Plus, it is basically free. You just tell the stores that you are staging your seller's home and would love to advertise their company with their bags. They love the idea of getting free publicity. I put crumpled up tissue in the bag to give them body. I use bags from Neiman Marcus, Coldwater Creek, Chico's, Crate & Barrel, Pier 1, St. John, Coach, Victoria Secret, and Nordstrom. Also, since the bags can lie flat, the storage factor is very efficient."- Robyn Starr Dezendorf, Keller Williams Realty Portland Premiere, Portland, Ore.

Customize the Art
"Buy a couple of iron easels and place them in different rooms. On the easel, place a mirror or framed art that complements the colors of the walls or floors. Or, prepare a large poster with photos and additional information about the house. This is inexpensive, yet provides a focal point of interest in the room."- Trina Griffith, Summers Real Estate Group, Longview, Texas

Redo the Doghouse
"Freshen and consolidate pet areas. Purchase new bowls, etc., to indicate upkeep and freshness. Choose one place to house pet beds and litter boxes; the laundry or utility rooms or garage space may be appropriate."- Mae Thompson, Prudential One Realty Centre, Edwardsville, Ill.

Write a Letter
"Part of staging is conveying the pleasures of living in the marketed home. I have sellers write a one-page letter to the prospective buyers detailing less evident benefits, such as the annual Easter egg hunt at the end of the cul-de-sac, the amazing sunrise from the breakfast nook window, and the fact that the school bus stops at the corner. I copy these on pretty paper and put them at the front of the property profile book on the kitchen counter."- Cari Pemberton, Buy, Sell, Organize and Stage, Colorado Springs, Colo.

Make It Memorable
"I have two things that I do when staging a home. First, a wreath on the front door (that I make). The wreath stays with the house for the new owners. Second, I hang a black nightgown on the master bathroom door. The buyer (husband) always remembers that house!"- Cissy Snyder, Svetlik Real Estate, Sumter, S.C.

Published: March 2009 REALTOR magazine

Staging on a Budget: Exteriors

2010-08-18T12:01:00.005-04:00

By Melissa Dittmann Tracey

Real estate pros offer their best, most affordable staging ideas for home exteriors.

Say 'Welcome Home'

"There's nothing more pleasing than a front step or porch with bright and cheerful planters filled with plants and flowers. It says 'welcome to your new home!'"

-Carol Anderson, abr®, green, Coastline Realty, Cape May, N.J.

Create a Curb Appeal Checklist

"A top item on the staging list should be curb appeal items (you can't get people in if they don't like the drive-by): Trim shrubs, fix peeling paint, and add greens or planters near the entrance."

-Lori Geraci, Bannon & Hebert Properties LLC, Middlebury, Conn.

Entice Them at the Entrance

"Tighten any loose doors or cabinets and re-stain, paint, or varnish doors. Paint the trim on floors and ceilings. Also, paint outside trims and nicks on the house, especially where clients come into the house."

-Rhonda Burns, Windermere Real Estate, Wentachee, Wash.

Stage the Lawn

"In San Antonio the grass is usually parched by the end of the summer. For my fall listings, I purchase a bag of winter rye grass seed and apply it generously to dried-out lawns of my listings. I advice sellers to water the grass frequently for a few weeks until it begins to sprout. Soon the lawn is emerald green, and it stays that way through the end of April, at which time the regular grass should be recovering."

-Larry Stewart, Deborah Myers Real Estate Inc., San Antonio, Texas

Published: March 2009 REALTOR magazine

Sea Coast Realty Merges With Wilmington's Oldest Real Estate Company

2010-08-17T16:48:00.009-04:00

Yesterday, Coldwell Banker Sea Coast Realty announced that it was joining forces with Hanover Realty. The merger joins Wilmington’s largest and top-selling real estate company with the city’s oldest real estate firm.

Hanover Realty is owned by Wilmington mayor Bill Saffo and his wife Renee. “Renee and I are excited about joining forces with Wilmington’s proven market leader,” Saffo said in a press release.

The merger was announced yesterday morning at a special event at the Holiday Inn SunSpree Resort in Wrightsville Beach. More than 300 real estate sales associates and staff affiliated with the companies attended the event headlined by area resident and nationally-acclaimed author, philosopher and motivational speaker, Tom Morris.

The merger also strengthens Sea Coast Realty’s ties with Stevens Fine Homes, a long-time Hanover Realty client and a leading home builder in the region. Stevens Fine Homes will list four of its new home communities exclusively with Coldwell Banker Sea Coast Realty, bringing the potential for more than $40 million in sales to Sea Coast Realty. The new home communities will include, Grayson Park, Mallory Creek, Willowick, and Dogwood Lakes.

“The merger gives us access to expand a pool of agents and a much bigger marketing presence, which we believe with increase traffic at our communities and ultimately lead to more sales for our company,” said Stevens Fine Homes president Craig Stevens in a press release.

Sea Coast Realty president Tim Milam said that the expected the union of these great companies to have a major impact on the Wilmington real estate market. “I can’t tell you how excited I am that we’re now all together on the same team,” Milam said in a press release. “Their commitment to excellence is a perfect fit with our corporate culture at Coldwell Banker Sea Coast Realty.”

News of the merger was covered by many local media outlets, including:

Saffo real estate company to merge with Sea Coast Realty (StarNewsOnline.com)

Creative collaboration shapes future of Wilmington real estate market (StarNewsOnline.com)

Mayor's real estate agency merges with Sea Coast Realty (WECT)

Mayor's real estate company merges with market leader (Greater Wilmington Business Journal

For more than a decade, Coldwell Banker Sea Coast Realty has been southeastern North Carolina’s largest and best-selling real estate company. The company is a perennial recipient of the Coldwell Banker Chairman’s Circle award. In 2009, recipients of this award represented the top 4 percent of Coldwell Banker affiliated companies worldwide.

Founded in 1988, Sea Coast Realty now operates 10 offices with more than 325 sales associates and staff in New Hanover, Brunswick, Pender, & Onslow counties. For more information, please visit SeaCoastRealty.com.

Sea Coast Realty Opens New Shallotte, NC Office

2010-08-16T12:07:00.017-04:00

Coldwell Banker Sea Coast Realty recently opened a new office in Shallotte, North Carolina. The new office will serve Shallotte and Brunswick County. It is located at 127 Village Road in Shallotte, N.C. and can be reached at (910) 754-6782 or toll free at 1-877-397-0942.

"The addition of the new Coldwell Banker Sea Coast Realty office will further strengthen the Coldwell Banker® presence in the Brunswick County market,” said Jim Gillespie, president and CEO, Coldwell Banker Real Estate LLC. “Coldwell Banker is pleased to add this new office to our network.”

“We are extremely pleased to be opening our new office in Shallotte. Over the years, we’ve built a strong relationship with our friends and neighbors in the Shallotte area. Now we look forward to providing them with an even higher level of service,” said Tim Milam, president of Coldwell Banker Sea Coast Realty.

For more than a decade, Coldwell Banker Sea Coast Realty has been southeastern North Carolina’s largest and best-selling real estate company.

The company is a perennial recipient of the Coldwell Banker Chairman’s Circle award. In 2009, recipients of this award represented the top 4 percent of Coldwell Banker affiliated companies worldwide.

Founded in 1988, Sea Coast Realty now operates 10 offices with more than 325 sales associates and staff in New Hanover, Brunswick, Pender, & Onslow counties. For more information, please visit SeaCoastRealty.com.

Staging on a Budget: De-cluttering

2010-08-16T11:55:00.005-04:00

By Melissa Dittmann Tracey

Real estate pros offer their best, most affordable staging ideas for de-cluttering.

Expand the Closet

"One of the most overlooked areas of staging is the closet. Most people will unclutter and move boxes out of the closet but forget about the hanging clothes. I tell my clients to remove the clothes they only wear once in a while. If the closet still looks stuffed, remove more. The ideal closet will have significant space (two hangers worth) between the next hanger."

-Joseph F. San Angelo, Coldwell Banker Real Estate, Clifton, N.J.

Before and After

"Have owners pack everything they don't use daily and put in storage or in the garage. It neutralizes the home and allows buyers to picture their family living there. It creates a sense of cleanliness and order by having clean countertops, sparsely decorated walls and minimal furniture. I give sellers before and after photos of other staged homes and remind them that this is how model homes sell."

-Amy Herring, Keller Williams, Tallahassee, Fla.

Create a Neutral Pallet

"When I first meet with potential clients planning to put their house on the market, I walk through the home with them and make a detailed list of all furniture, clothing, and miscellaneous items that should be packed away. Staging a home requires that each space be defined, but that personal items and clutter be non-existent. Potential buyers need to see a neutral pallet: Rooms that they can envision themselves living. I then pay for the delivery and removal of a Smartbox portable storage unit as part of my marketing strategy."

-Carrie Mock, Long and Foster Real Estate, Annapolis, Md.

Nix Those Personal Photos

Make sure there are no personal photos to be seen anywhere in your listing. Pack them up or put them away. Buyers tend to stop and see who lives there, which takes them away from seeing the home's attributes!"

-Kyle Davis, RE/MAX Select Properties Inc., Ashburn, Va.

Don't Let Furniture Get in the Way

"I think one of my top staging tips is to arrange the furniture so that it does not block any of the home's features and allows for easy traffic flow. Sometimes that means removing some furniture-the more furniture in a room, the smaller the room looks."

-Jean Risha, Greenwood King Properties, Houston, Texas

Published: March 2009 REALTOR magazine

Staging on a Budget: Kitchen

2010-08-14T11:52:00.006-04:00

By Melissa Dittmann Tracey

Real estate pros offer their best, most affordable staging ideas for kitchens.

Tease Their Noses

"I believe in appealing to all five senses of a buyer, including smell. I always put something in the oven like apple pie or fresh bread."

-Chad C. Caramanna, Shadetree Realty Group Inc., Fellsmere, Fla.

Accessorize

"Adding decorative items in the kitchen can warm up the area and make it more 'cozy'. Go to a thrift or resale shop and get great deals on glass items. Use a tray (wood, silver, glass, etc.) with two coffee cups and a small package of Starbucks coffee displayed between the cups, and pretty paper or cloth napkins. Also, find a large glass-or pottery bowl-and fill it with individual candies, pre-packaged crackers, pretzels, etc. It looks nice and each buyer who comes through can grab a snack from the bowl. It'll help them remember your listing."

-Trina Griffith, Summers Real Estate Group, Longview, Texas

Go Green

"If your listing has some green features (EnergyStar appliances, generator, double-paned windows, bamboo flooring), continue the theme with strategically placed soy candles, homemade guest soaps, and green cleaning products under the sink area. People will notice!"

-Peggy Edwards, green, Coldwell Banker, Tampa, Fla.

Published: March 2009 REALTOR magazine

Staging on a Budget: Color and Lighting

2010-08-12T11:48:00.005-04:00

By Melissa Dittmann Tracey

Real estate pros offer their best, most affordable staging ideas for color and lighting.

Go Neutral

"The moment the potential buyer walks into the front door they should be 'wowed' by the rooms on either side of the entry. Paint a nice neutral khaki color allowing for the painted or stained wood work to stand out. Make the color bold enough to make a difference, not just an off white. Tans and khaki's 'warm' the space."

-Julie C. Preston, GRI, REALTOR®/interior designer, Indianapolis, Ind.

Add a Splash of Color Everywhere

"Currently over half the homes we list are vacant and can look very sterile in photos. We ask sellers to neutralize their wall colors and carpet, but then we discover all the photos of the interior look similar and boring. Our best staging tip is to add bright, bold colors to the kitchen and bathrooms with accessories, towels, and plants. Red is a call-to-action color. A vase with red flowers can add interest to the photo when placed on a kitchen island or bar. We like burgundy or black towels in a neutral bathroom and green silk plants in the living areas. A colorful picture over the fireplace mantle with a couple of vases on each side can make a great vignette in the family room."

-Holly Janney, Realty Executives Associates, Knoxville, Tenn.

Light It Up

"Replace the light bulbs in the home with higher wattage bulbs. Buyers like 'light and bright,' and the brighter light bulbs make all the difference in the world. Inexpensive and easy!"

-Ann Bishop, Ann & Denny Bishop Group, Realtors®, Wichita Falls, Texas

Published: March 2009 REALTOR magazine

Leatherback Sea Turtles Born in Holden Beach

2010-08-12T11:19:00.011-04:00

Last week, 53 newly-hatched leatherback turtles made their way from their nest on Holden Beach to the sea.

The nest is Holden Beach, NC’s first known leatherback turtle nest. Loggerhead turtles often nest on Brunswick County’s beaches, but Leatherback turtle nests are much less common.

Volunteers with Holden Beach Turtle Watch dug a trench from the nest to the ocean and protected the Leatherback hatchlings from the crowd that had gathered to observe. Their work was illuminated by red lights, so as not to disorient the baby turtles.

Volunteers named the first turtle hatched, Shannon. When she made her way to the end of the trench, onlookers sang “Happy Birthday” and cheered.

Holden Beach Turtle Watch volunteers estimate the leatherback turtle that made the nest probably weighed about 900 pounds and was more than six feet long. Leatherback turtles are the largest of all living sea turtles. The mother sea turtle probably laid the eggs 60 to 70 days before they hatched. After laying the eggs, she covered her nest with sand to disguise it from predators, and returned to the sea.

Stacey Manning captured images of the event for The Brunswick Beacon. To see her photos, please visit The Brunswick Beacon.

For more information about real estate in Holden Beach and other Brunswick County, North Carolina beaches, please visit SeaCoastRealty.com or visit Coldwell Banker Sea Coast Realty's offices in Southport, Shallotte, and Oak Island.

How to Use Comparable Sales to Price Your Home

2010-08-11T10:35:00.000-04:00

Before you put your home up for sale, use the right comparable sales to find the perfect price.

How much can you sell your home for? Probably about as much as the neighbors got, as long as the neighbors sold their house in recent memory and their home was just like your home.

Knowing how much homes similar to yours, called comparable sales (or in real estate lingo, comps), sold for gives you the best idea of the current estimated value of your home. The trick is finding sales that closely match yours.

WHAT MAKES A GOOD COMPARABLE SALE?

Your best comparable sale is the same model as your house in the same subdivision-and it closed escrow last week. If you can't find that, here are other factors that count:

Location: The closer to your house the better, but don't just use any comparable sale within a mile radius. A good comparable sale is a house in your neighborhood, your subdivision, on the same type of street as your house, and in your school district.

Home type: Try to find comparable sales that are like your home in style, construction material, square footage, number of bedrooms and baths, basement (having one and whether it's finished), finishes, and yard size.

Amenities and upgrades: Is the kitchen new? Does the comparable sale house have full A/C? Is there crown molding, a deck, or a pool? Does your community have the same amenities (pool, workout room, walking trails, etc.) and homeowners association fees?

Date of sale: You may want to use a comparable sale from two years ago when the market was high, but that won't fly. Most buyers use government-guaranteed mortgages, and those lending programs say comparable sales can be no older than 90 days.

Sales sweeteners: Did the comparable-sale sellers give the buyers downpayment assistance, closing costs, or a free television? You have to reduce the value of any comparable sale to account for any deal sweeteners.

AGENTS CAN HELP ADJUST PRICE BASED ON INSIDER INSIGHTS

Even if you live in a subdivision, your home will always be different from your neighbors'. Evaluating those differences-like the fact that your home has one more bedroom than the comparables or a basement office-is one of the ways real estate agents add value.

An active agent has been inside a lot of homes in your neighborhood and knows all sorts of details about comparable sales. She has read the comments the selling agent put into the MLS, seen the ugly wallpaper, and heard what other REALTORS, lenders, closing agents, and appraisers said about the comparable sale.

MORE WAYS TO PICK A HOME LISTING PRICE

If you're still having trouble picking out a listing price for your home, look at the current competition. Ask your real estate agent to be honest about your home and the other homes on the market (and then listen to her without taking the criticism personally).

Next, put your comparable sales into two piles: more expensive and less expensive. What makes your home more valuable than the cheaper comparable sales and less valuable than the pricier comparable sales?

ARE FORECLOSURES AND SHORT SALES COMPARABLES?

If one or more of your comparable sales was a foreclosed home or a short sale (a home that sold for less money than the owners owed on the mortgage), ask your real estate agent how to treat those comps.A foreclosed home is usually in poor condition because owners who can't pay their mortgage can't afford to pay for upkeep. Your home is in great shape, so the foreclosure should be priced lower than your home.

Short sales are typically in good condition, although they are still distressed sales. The owners usually have to sell because they're divorcing, or their employer is moving them to Kansas.How much short sales are discounted from their market value varies among local markets. The average short-sale home in Omaha in recent years was discounted by 8.5%, according to a University of Nebraska at Omaha study. In suburban Washington, D.C., sellers typically discount short-sale homes by 3% to 5% to get them quickly sold, real estate agents report. In other markets, sellers price short sales the same as other homes in the neighborhood.

So you have to rely on your REALTOR's knowledge of the local market to use a short sale as a comparable sale.

MORE FROM HOUSELOGIC

What You Must Know About Home Appraisals

6 Reasons to Reduce Your Home Price

OTHER WEB RESOURCES

New York State: "How Estimates of Market Value are Determined for Residential Properties"

What's the Value of a View? Research from Texas Christian University

Carl Vogel, a freelance writer and former editor of The Neighborhood Works magazine, lives in a home in Chicago that is not typical of those nearby, so he appreciates a savvy comp.

Article From Houselogic.com

By: Carl Vogel

Published: August 05, 2010

Reprinted from HouseLogic (houselogic.com) with permission of the NATIONAL ASSOCIATION OF REALTORS (R).Copyright 2010. All rights reserved.

Staging on a Budget: Bathroom

2010-08-10T11:44:00.007-04:00

By Melissa Dittmann Tracey

Real estate pros offer their best, most affordable staging ideas for bathrooms.

Add Bathroom Elegance
"Get some decorative hand towels, tie a sheer ribbon around them, and place them on towel racks in all of the bathrooms. This does wonders to dress up the bathrooms of your listings. I also put some dried flowers and candles in complementary colors to add a little more pizzazz." -Haley Hwang, e-pro, Coldwell Banker, Glenview, Ill.

Put a Lid on It
"The best thing you can do for your home, vacant or not, is to close all the drains, sinks, and tubs; close all the lids on all the toilets; close all the closet doors; and let all the sun in. You'll get amazing immediate results and the cost is zero dollars."- Judith Preston, HomeSmart International, Anthem, Ariz.

Make the Old New Again
"I recently listed a big house built in 1979. In the master bathroom was a sunken cultured marble bathtub and matching his and hers marble vanity tops in swirly 1970's brown. The shower stall tile was gold and white speckled. The cost to update this bathroom would be a lot. So we got the tub and shower stall painted with epoxy paint in white and the marble tops a white with little tan specks. It was a huge improvement for about $800."- Linda Walker, Main Street Real Estate, Garland, Texas

Published: March 2009 REALTOR magazine

Sea Coast Realty Meets Future Habitat Homeowner

2010-08-09T11:00:00.013-04:00

Meet Carol – a single mom and soon-to-be homeowner thanks to Coldwell Banker Sea Coast Realty, Cape Fear Habitat for Humanity, lots of volunteers, and her own hard work.

When she’s not at her full-time healthcare job, you can find Carol earning 250 hours of “Sweat Equity” by working on other Habitat for Humanity homes. “She is a kind, dependable, hard-working lady who truly embodies the Habitat spirit,” said Jane Roberson, Director of Family Services with Cape Fear Habitat for Humanity.

Construction of Carol’s new Corbett Street home is scheduled to begin September 25, 2010. The home is sponsored by Coldwell Banker Sea Coast Realty and will be dedicated as the “Barbara Birkenheuer House” in honor of the Retired Executive Director of Cape Fear Habitat for Humanity. By sponsoring a Habitat for Humanity home, Coldwell Banker Sea Coast Realty will provide $60,000 in financial support and volunteer labor each week of the home build.

Sea Coast Realty president Tim Milam pledged Coldwell Banker Sea Coast Realty’s sponsorship of this home at Cape Fear Habitat for Humanity’s 9th Annual Golden Hammer Pledge Breakfast in May 2010. The breakfast marked Executive Director Barbara Birkenheuer’s retirement from Cape Fear Habitat for Humanity after ten years of service. In honor of her leadership, Milam announced that the Habitat home Sea Coast Realty builds will be dedicated as the “Barbara Birkenheuer House.”

Cape Fear Habitat for Humanity helps families work toward the purchase of a home. Habitat constructs quality homes at a significantly lower cost than government or for-profit organizations. That allows it to provide no-interest, 30-year mortgages to qualified families. To help its families succeed, Habitat offers credit counseling, mentoring, and education programs.

Sea Coast Realty has sponsored three other Habitat homes since it began its involvement with Cape Fear Habitat for Humanity in 1997. Sales associates and staff from Sea Coast Realty’s Leland office also helped with construction of a Habitat home in Navassa in January 2010. Russ May, a sales associate from Coldwell Banker Sea Coast Realty’s Wilmington, N.C. office, is president of the Cape Fear Habitat for Humanity Board of Directors.

“While sponsoring three homes in the Wilmington area, we have learned how valuable homeownership is to those who thought they would never own a home,” said Milam. “I cannot think of a more worthy housing organization.”

Cape Fear Habitat for Humanity is one of 76 Habitat for Humanity affiliates in North Carolina and is a 501 (c) 3 non-profit organization. For more information about Cape Fear Habitat for Humanity, please visit capefearhabitat.org.

For more than a decade, Coldwell Banker Sea Coast Realty has been southeastern North Carolina’s largest and best-selling real estate company. It operates ten offices with more than 325 sales associates and staff in New Hanover, Brunswick, Pender, & Onslow counties. For more information, please visit SeaCoastRealty.com.

Staging on a Budget: Bedroom

2010-08-08T11:38:00.005-04:00

By Melissa Dittmann Tracey

Real estate pros offer their best, most affordable staging ideas for bedrooms.

Bring Your Own Bed
"I have a great way to add a bed to a vacant bedroom. I arrange moving boxes into the shape of a bed, and then I dress it up with nice bedding. It takes about half an hour and it's really inexpensive." -Kria Lacher, Meadows Group Inc., Realtors®, Portland, Ore.

Make a Bed
Another trick to add a bed: "Purchase an inexpensive air mattress that has a folding frame off the floor. Once the bedding is on and staged, it's hard to tell the air mattress from a real bed. After the home sells, all the client has to do is deflate, fold and pack." -Jackie Limsky, ABR®, TX Cyber Homes, Hank Layton, Texas

Get a Fabric Donation
"Here is an inexpensive staging tip: Ask a local fabric shop to donate beautiful fabrics. Use it to cover the following: an air mattress with a not-so-great comforter (cover the comforter with an over-sized sheet, and then place a nice fabric in the middle or end of the bed). Or use the fabric to cover TV dinner stands, to appear as nightstands, entryway pieces, or any other decorated 'table.'" -Jannel Lee Allen, Keller Williams Realty, Livonia, Mich.

Add Luxurious, Affordable Touches
"If the master bedroom is too boring (and most are), I have my sellers go out and buy a new luxury comforter set with bed skirt, throw pillows, matching valances, etc. We have a Burlington Coat Factory here that sells dramatic sets with rich, embellished material for around $100. The right set will totally transform a boring master bedroom into a luxury hotel suite." -Karen Walton, Share Realty, Midlothian, Va.

Try a Dramatic Fabric Backdrop
"One surefire way to dress up a plain bedroom is to hang sheers, fabric or draperies on the wall behind the bed. (I often remove window treatments from the other windows to allow more light in and then use these for the fabric backdrop.) It serves as a headboard, visually raising the ceilings and, particularly in a master suite, adds a sense of elegance and luxury. It's inexpensive but packs a dramatic punch." -Liz Harrison, Spruce it Up! Home Staging and Room Redesign, Salem, Ore.

Published: March 2009 REALTOR magazine

Staging on a Budget: Living Rooms

2010-08-06T11:31:00.009-04:00

By Melissa Dittmann Tracey

Real estate pros offer their best, most affordable staging ideas for living rooms.

Create a Focal Point
"Pick out the most visible corner and put a large plant-I've found that silk trees work best. Set up a spotlight behind it so it lights up the leaves and throws an interesting shadow on another wall. It really makes a difference in a person's perception of the space, especially if it's a large room without too much natural lighting." -Izabela Stone, Keller Williams Realty, Apollo Beach, Fla.

Set Up a Chat Room
"Be sure that the living room furniture is positioned for conversation as well as entertainment. Potential buyers should be able to easily envision sitting in a space where they can easily talk without having to move a chair or turn completely around." -Rana Lindhorst and Troy Schmidt, Prudential One Realty Centre, Edwardsville, Ill.

Get Rid of Carpet Dents
"Furniture often leaves indentations in the carpet. When a piece of furniture is moved, I tell my clients to put medium-sized ice cubes in the imprints. As the ice melts, it causes the compacted carpet to expand and erase those imprints." -Shawn Moss, Century 21 C.R. O'Neil & Co.

Accent Special Features
"Place an accent by a home's feature, such as an attractive plant near a fireplace to draw the eye to it or a tall palm or two in place that directs the buyer toward another part of the home or suggests a separation of areas. This also ensures that someone often enters the home to care for it." -Susan Cramer, HomeSmart Real Estate, Temecula, Calif.

Invoke the Outdoors
"Use a little nature in each room. I create a flow throughout the home using cuttings, flowers, dried flowers, whatever will work. Simple things, such as twigs to spell out a word or a small cutting tied with raffia around a pillow on a bed, draw the eye into the room but don't overpower it. I have even used a branch cutting to make a 'tree' in an empty corner. I try to use one piece of nature in each room to create an ongoing theme throughout the home. It works with any type of decor, whether it's modern or traditional. One important note: Always check for insects!" -Lauren Scurlock, North Star Real Estate Inc., Virginia Beach, Va.

Published: March 2009 REALTOR magazine

Pet Pix Contest Winners

2010-08-05T16:14:00.001-04:00

Congratulations to the winners of Coldwell Banker Sea Coast Realty's Pet Pix Contest!

First place and a $100 prize go to Jason Schmitt of Cary, NC. His photo of his tabby cat Harley earned 120 votes.

Second place and a $50 second prize go to Ashley Lauren Foster of Carolina Beach, NC. Her photo of her yellow lab Stoli earned 115 votes.

Third place and a $25 prize go to Allison Patton of Morehead City, NC. Her photo of her grinning dog Ben earned 80 votes.

Click here to see the winners on Facebook!

Our sincere appreciation goes out to everyone who submitted photos and voted!

Let's not forget the other winners in the competition - Paw's Place Animal Rescue, a no-kill shelter in Winnabow, NC. Since folks submitted more than 500 photos to our Pet Pix Contest, Coldwell Banker Sea Coast Realty will be donating $500 to Paw's Place!

To find out about how you can help Paw's Place Animal Rescue, please visit PawsPlace.org.

5 Showing Tips for Home Sellers

2010-08-04T11:25:00.006-04:00

Get your home in showing shape with these simple tips.

Lighten up. Some people like to live in dark houses. Leave the shades up and the drapes opened. Homes show so much better with light. -Teresa Boardman, Saint Paul Home Realty, St. Paul, Minn.

Size up the competition. Walk through model homes in your area to see what professionally staged homes look like. You can get a variety of great ideas to prepare your home for sale. -Randy Schulenburg, Mortgage 1st Realty Inc., Elgin, Ill.

Define the space. Creatively define each space to highlight its use. Create a mudroom that is neat and orderly, a home office workspace, or a kids afterschool room with chalk boards and desks. -Elizabeth Lord, Carolina Farms & Estates, York, S.C.

Add simple curb appeal. Thoroughly clear all little branches, rake the leaves, and trim the bushes. Every landscaping detail proves that you care, and this translates to buyer appeal! -Beverly Carlson, Carlson Properties, Abilene, Texas

Give it a power wash. I bought a power washer three years ago, and what a great investment. I always offer it to my clients. You'd be surprised how much better a house looks after a good bath-especially the garage doors. -Jim Cheney, Saint Francis Property, Santa Rosa, Calif.

Published: April 2010 REALTOR magazine