Liz Freeman's Real Estate Blog

Are Increasing Interest Rates Rushing Your Closing Date?

Liz Freeman (RE/MAX Preferred Realty) — Fri, 04 Dec 2009 13:23:31 -0600

Buyer's often find themselves watching a property for a price reduction. Although getting the best deal possible when purchasing Greenville NC real estate is important, it is not the only factor that determines monthly payments on a home. Rising interest rates nearly diminish the positive aspects of waiting for prices to drop.

Most people are familiar with the basic trends in real estate that have been affected by the United States economic crisis. The listing prices of homes have been steadily declining over the past couple years. This has put people looking to purchase Greenville NC real estate at an advantage over those trying to sell. People have best described this as a buyer's market due to the low property prices and reasonable interest rates. However, the decline in prices is stabilizing while interest rates are beginning to inch up. It is becoming more and more popular for investors to make offers on properties, sometimes sweeping the property away from home buyers. Could buyers begin loosing their advantage? Today, properties that are correctly listed at a reasonable asking price are not being reevaluated and reduced as often. These are some of the factors that prove lower real estate prices are not always worth the wait.

Buyer's should not be waiting for interest rates to continue declining, especially since real estate and economy experts are predicting that the lowest rates have come and gone. This is not necessarily a horrible thing. Rates are still lower than historical highs, which exceed 6.00%. With the new administration trying to bring back the economy, many analysts see a period of severe inflation in our future. Meaning interest rates are likely to jump even higher. The Federal Reserve introduced a program to help control interest rates on home loans. For example, the rates for a thirty year fixed-rate loan have been consistently ranging from 4.50% to 5.00%. Now, rates for this type of loan and the rates of other types of real estate loans are beginning to exceed their more reasonable range. Therefore, increasing interest rates may start rushing your desired closing date.

At the end of May buyers, who have been procrastinating by waiting for lower interest rates or price reductions, learned their lesson the hard way. At the end of the month interest rates went up about .50%-1.00%. Increasing interest rates defeats the purpose of waiting for Greenville NC real estate prices to drop. Higher interest rates decrease the overall affordability and increase the monthly payments, especially when the price of the desired home does not budge.

Bottom line, it is not a time to be waiting around. Time is running out to take advantage of the current real estate market and loan programs being offered by the government. For instance, first time home buyers have until December 1^st, 2009 to close on their home if they want to be eligible for a maximum tax rebate of $8,000 dollars. Since interest rates are expected to increase, waiting for real estate prices to drop is not worth the wait. Don't procrastinate. You might unintentionally pass up a piece of gold trying to find a diamond.

Search all Greenville NC real estate and homes for sale by visiting LizFreeman.com, LizFreemanHomes.com and HomesOfGreenville NC.com.

Greenville Real Estate For Sale: 5128 Corey Road

Liz Freeman (RE/MAX Preferred Realty) — Thu, 03 Dec 2009 14:46:00 -0600

Greenville Real Estate For Sale:

5128 Corey Road, Greenville NC 27858

MLS# 92073

This spacious home, built in 1986, is rich in tradition with a nostalgic quality found only in older homes. A paved walkway, beautiful landscaping, and a cozy, covered front porch makes up the inviting entrance of this charming middle-aged beauty. The covered porch opens to the great room featuring lighted ceiling fan, an entire wall of built-in bookcases, cabinets, and desk, carpeting flooring, and large windows that provide lots of natural light. Built for comfort and relaxation, this is a space your family will love and enjoy for years to come.

The kitchen offers the warmth of wood and an abundance of storage. Featuring double stainless sink with window view, smooth top range, dishwasher, lots of cabinets, ample counter space, breakfast bar, pantry, and vinyl flooring. Adjoining dining area features chandelier lighting, built-in corner hutch, chair railing, large windows, and vinyl flooring. Warm and welcoming, it's a family center that lets the soul of the house shine through.

The master bedroom boasts walk-in cedar lined closet, ceiling fan, and three large windows that provide a view of the beautiful outdoor surroundings. Single vanity with storage, tub/shower combination, and vinyl flooring is what you'll find in the master bath. At the end of a long day it's a comforting place to calm, pamper and unwind. Second bedroom with ample space in cedar closet, and carpeting flooring, and a hall bath featuring single vanity with storage, shower, and vinyl flooring, provide plenty of space and function for children or overnight guests.

Comfortable seating, a table or two, and some handpicked accessories are all you need to create a friendly atmosphere in the large backyard-patio area. This space is mean to be enjoyed, so invite family and friends over for an outdoors evening and build memories that will last a lifetime. A double carport with attached storage building and a mud/laundry room with lots of cabinets and pantries are also among the many conveniences you'll find here. This attractive home has everything you need, safely and conveniently located on one floor, so settle into this spacious little charmer and enjoy everything it has to offer!! Act fast call now for details at 252-439-4000!

Learn more about 5128 Corey Road and other Greenville real estate by visiting LizFreeman.com, LizFreemanhomes.com and HomesOfGreenvilleNC.com

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Five Mistakes to Avoid When Selling Your Greenville Home

Liz Freeman (RE/MAX Preferred Realty) — Tue, 01 Dec 2009 11:56:35 -0600

Selling your Greenville home should be a smooth profitable transaction. But it could end up being an unsuccessful, draining experience, especially if the appropriate precautions and preparations are not observed. A majority of the time, the chance for success lies within the hands of the hired real estate expert. In order to guarantee optimal results, the sellers must be willing to cooperate and consider the professional advice of their real estate agent. Agonizing over a listing price, making the property presentable, rushing for last minute showings, answering inconvenient calls, and frazzling thoughts of not being able to sell are all stressful components of selling your Greenville home. If you and your Greenville home are not properly prepared there is a great risk of losing thousands of dollars in an unsuccessful transaction. Included in the following section are five of the most common, costly mistakes homeowners can easily avoid when selling their home.

Do not believe all real estate professionals are the same, choose wisely

The process of selling your home involves many tedious details and critical decisions. Real estate professionals are experts in handling these situations and offering knowledgeable guidance to sellers. It is crucial to research several professionals in order to find a suitable match with experience selling homes similar to yours. Real estate agents use different methods to sell their listings. Innovative professionals who promote listings with newer techniques to attract buyers are always more successful than professionals relying on traditional strategies. 24-7 advertising, excessive exposure and lead generation are important services agents offer to aid in selling your home. Hiring and utilizing the right real estate professional can significantly maximize the chances for a smooth, profitable transaction.

Effects of ignoring cosmetic upkeep

The potential buyer's first impression of your Greenville home is crucial. Dirty dishes piled in the sink, unkempt lawns, cluttered rooms, stained carpets, scattered soiled laundry, and disgusting odors may seem like little things, but they are big turn-offs to prospective buyers. Ignoring cosmetic upkeep leads to loosing home sales. It also never hurts to hire a staging company to assist in making the home more appealing to buyers.

Refusing to make repairs

Another major cause in loosing home sales is the seller's refusal to make necessary repairs. In the long run, it is not beneficial to sell "as is". Instead, making needed repairs or improvements will increase the home's value. A real estate agent can decide what repairs will boost the home's value.

Picking a price that is not too high or too low

When properties get priced too high they tend to sit on the market and eventually develop a label of a problem property. When priced too low a home could fly off the market, allowing the buyer to get a great deal and the seller with lost potential profits. Listing the home at the appropriate price could make or break a successful sale. Real estate professionals use their market knowledge and special tactics to appropriately price the property and ensure a timely and profitable sale.

Making things convenient for prospective buyers

Providing easy access to the property for showings is the key to finding the right buyer. Appointment-only showings take away from the buyer's convenience because a specific time has to be set to fit the schedules of multiple people. Using a lock box is the best way to provide easy access for showings. You are less likely to miss out on a sale when buyers are never denied a chance to view the property.

Learn more about how to successfully sell your Greenville home by visiting LizFreeman.com, LizFreemanHomes.com and HomesOfGreenville NC.com.

What's your Greenville home worth?

Greenville NC Real Estate Sales Statistics - October 2009

Liz Freeman (RE/MAX Preferred Realty) — Mon, 23 Nov 2009 16:17:44 -0600

Congress has voted to extend the current higher Fannie Mae, Freddie Mac and FHA loan limits through 2010. The present loan limits would expire at the end of 2009 and revert to previous lower limits. The higher limits, along with the home buyer tax credit extension, are necessary to keep the markets moving at this critical time," said National Association of Realtors President Charles McMillan.

"Home sales have shown significant movement upwards in the past six months and reduced inventory in some segments of the housing market, but not in all. Home purchases in the middle-income and higher brackets have not moved much, and those markets must improve before we can experience a fully sustained housing recovery. These higher loan limits will help motivate qualified home buyers to purchase in those markets," McMillan said.

Let's look at October Greenville NC real estate sales in October to see how the housing recovery is progressing locally.

Greenville NC real estate sales statistics for October show that the average sales price has increased by 3% to $186,144. While pending sales have increased by 34% compared to October 2008 and sold listings increased by 35% from 2008. Market times increased by 32 days or 21% from 2008.

Date	New Listings	Pending Listings	Sold Listings	Average Sales Price	DOM
Oct 2009	92	74	68	$186,144	150
Oct 2008	117	49	44	$181,191	118

Learn more about the Greenville NC real estate market by visiting our websites, LizFreeman.com and LizFreemanHomes.com.

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Information is provided by the Greenville Multiple Listing Service and is deemed accurate but not guaranteed.

Greenville Homes For Sale: 102 E Nichols Drive

Liz Freeman (RE/MAX Preferred Realty) — Tue, 17 Nov 2009 15:25:29 -0600

Greenville Homes For Sale:

102 E Nichols Drive, Greenville NC 27858

MLS# 92573

Surrounded by century old trees and located in an established neighborhood, this spacious home built in 1965 is rich in tradition with a nostalgic quality found only in older homes. A brick, floor-to-ceiling masonry fireplace, built-in shelves and cabinets, large windows, laminate wood flooring, and exit to exterior of the home highlight the family room. This room, perfect for indoor/outdoor entertaining, will be the "fun center" for you and your guests. The living room has hardwood flooring, new light fixture, and four large windows.

The kitchen, featuring double stainless sink with view, laminate countertops, electric range, refrigerator, chair rail, hardwood flooring, and portable center island, has lots of room and endless possibilities; there's no telling what you'll cook up here! An informal dining area off kitchen has laminate wood floors, and exit to carport.

The master bedroom boasts hardwood flooring, walk-in closet, ceiling fan, large windows, and a half bath with new vanity and light fixture. Serenely simple, it's the perfect spot to read, catch up on correspondence, or simply relax. Two additional bedrooms featuring hardwood flooring, large windows, and ample closet space, provide plenty of space for children or overnight guests. The totally remodeled, full bath has ceramic tile flooring and walls, new vanity with marble countertops, tub/shower combination, new sink and fixtures, window, and linen closet.

Laundry room with windows and cabinets for storage, and partially floored pull-down attic utilize function and storage inside, while the attached single carport with storage solves outside storage needs, keeping everything handy, out of sight, and uncluttered. This home also features a totally fenced backyard, and a large workshop with lean-to. Workshop has workbenches, an upstairs area, and a new metal roof over building, making it perfect for hobby seekers and do-it-yourselfers. Located in the Eastwood community, this charming brick home demands fast action. Don't wait - Call now! Call Liz Freeman today for your personal tour at 252-439-4000.

Learn more about 102 E Nichols Drive and other Greenville homes for sale by visiting LizFreeman.com and LizFreemanHomes.com.

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Greenville Real Estate For Sale: 3311 Country Wood Lane

Liz Freeman (RE/MAX Preferred Realty) — Thu, 12 Nov 2009 09:26:03 -0600

Greenville Real Estate For Sale:

3311 Country Wood Lane, Greenville NC 27858

MLS# 92769

Mature trees, professional landscaping, and mellow brick walkway lead guests to the entrance of this distinctive custom built home. A soaring two-story foyer with chandelier, chair rail, and hardwood flooring invite guests to the sophisticated living areas within. Centrally located, the two story family room boasts a beamed vaulted ceiling, recessed lighting, lighted ceiling fan, floor-to-ceiling masonry fireplace, catwalk, hardwood floors, and two sets of French doors exiting to the large deck and lovely wooded backyard, ideal for expanding leisure activities to the outdoors.

The warmth of wood and beams lend an old-world charm to this high tech kitchen featuring all stainless appliances, granite countertops, corner cupboard, five burner gas range, Thermador wall oven and microwave, desk/homework station, lots of raised panel cabinets (some with lights and glass fronts), pantry, wet bar, center island with storage, and hardwood flooring. With interesting architectural features and crown moldings, it's a space designed for people who like to cook and entertain at the same time. French doors, crown moldings, chandelier, plantation shutters and hardwood flooring offer an elegant, relaxed atmosphere in the formal dining room. Restore a forgotten tradition as you gather around the dinner table for a delicious home cooked meal with family and friends. If it's serenity you're after, head to the sunroom featuring two ceiling fans, large windows that flood the room with natural light, breakfast bar in pass-through from kitchen area, brick flooring, and sliders exiting to rear deck. It's the perfect space for cozying up to your favorite book, or sipping hot cocoa on cool Autumn afternoons.

The downstairs master suite is a soothing space with crown molding, ceiling fan, walk-in closet, plantation shutters and hardwood flooring. Luxurious master bath features his and hers pedestal sinks, large glass shower with decorative ceramic tiles, claw-foot tub , plantation shutters and ceramic tile flooring. The moment you step onto this beautifully enticing bath, the crush and confusion of the day's routine quietly melt away. This room also has an adjoining office/study/nursery offering vaulted ceiling, ceiling fan, built-in bookshelves, cabinets, exit to rear deck and hardwood flooring.

Upstairs master bedroom has ceiling fan, built-in study area, walk-in closet, carpeted flooring and adjoining bath with single vanity, tub/shower combination, linen closet and ceramic tile flooring. Third bedroom has built-in study area, small adjoining playroom, walk-in closet and carpeted flooring. Fourth bedroom has ceiling fan, two closets and carpeting. These two bedrooms are joined by a Jack and Jill bath with new single vanity and fixtures, new countertops, shower, linen closet and ceramic tile flooring.

This 4.15 acre wooded property has everything you need to enjoy the great outdoors! Room to roam, lots of mature trees, a massive rear deck with nearby stone fire pit, dog pen and dog run and a 24x32 horse barn with loft and lean-to. Whether you're exploring nature, camping with the kids, or enjoying the soothing crackle of an outdoor fire, it's a rustic way to bring people together, enjoy hours of outdoor fun and make memories that will last a lifetime. With something for everyone, it's more than a home; it's an adventure! Why wish and wait? Call and see! Once you see it, you'll want to own it! Call us today.

Learn more about 3311 Country Wood Lane and other Greenville real estate for sale by visiting LizFreeman.com and LizFreemanHomes.com.

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Tax Credit Expanded for Greenville Home Buyers

Liz Freeman (RE/MAX Preferred Realty) — Mon, 09 Nov 2009 18:06:46 -0600

The $8000 first-time home buyer tax credit was scheduled to expire in just a few short weeks...Nov 30, 2009. I say ‘was', because the Senate voted unanimously to extend the credit on Monday and the House of Representatives approved the extension yesterday afternoon by a vote of 403-12. The extension includes an expanded tax credit to repeat home buyers. The bill now goes to the President for his signature which is expected to happen today.

Home Buyer Tax Credit Expansion and Extension

The $8,000 tax credit will be extended and available for first-time home buyers through May 1, 2010.
A new $6,500 tax credit will be available for repeat buyers who purchase between December 1, 2009, and May 1, 2010. To qualify, buyers must have used the home sold or being sold as a principal residence consecutively for 5 of the previous 8 years.
Prospective buyers with binding contracts in place as of April 30, 2010, will be allowed an additional 60 days to complete the transaction.
Income limits are expanded to $125,000 on a single return and $225,000 on a joint return.
Limitation on the cost of a purchased home is $800,000.

If you know anyone looking to buy their first Greenville home at a time when prices and interest rates are still down, or if you are thinking of buying another Greenville home and getting the new $6,500 credit please contact me today.

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Greenville Homes For Sale: 200 S Warren Street

Liz Freeman (RE/MAX Preferred Realty) — Mon, 02 Nov 2009 18:50:19 -0600

Greenville Homes For Sale:

200 S Warren Street, Greenville NC 27858

MLS# 92574

Surrounded by century old trees, this spacious home built in 1957 is rich in tradition with a nostalgic quality found only in older homes. The great room features chair rail, heavy molding, ceiling fan, wood burning fireplace with mantle, a wall of windows, dining area, hardwood flooring, and an arched doorway leading to the kitchen area.

The open kitchen, featuring double sink with window view, plenty of cabinets, ceiling fan, dishwasher, electric range, breakfast bar, and built-in spice cabinet, has lots of room and endless possibilities; there's no telling what you'll cook up here! Three bedrooms downstairs have large windows, chair rail, ample closet space, and hardwood floors. One also has a ceiling fan, while one has wall-to-wall built-ins. There is a full bath downstairs with a portion of the walls and all flooring being ceramic tile, single vanity with storage, full window with plantation shutters, linen closet, and tub/shower combination. This home also offers a laundry room with knotty pine paneling and plenty of storage cabinets.

Two bedrooms upstairs have sloped ceilings, paneled walls, built-ins, and carpeting. In the full bath upstairs, a portion of the walls and all flooring is ceramic tile, single wall vanity, full window with plantation shutters, and tub/shower combination. There is lots of storage space upstairs, and a walk-in attic; enough room to keep everything close at hand without all the clutter.

Only a short walk from ECU, this unique, solid-built home with lots of character has a screened front porch, brick patio in the backyard, and is completely enclosed by a salt-treated privacy fence; secluded from noise and traffic. Less than a mile from shops, cafes, bars, and the infamous downtown nightlife, this address offers you an opportunity to live off campus, yet still reside in the heart of the ECU campus community. This prime location is too good to last long - Act fast, call now for details at 252-439-4000!

Learn more about 200 S Warren Street and other Greenville homes for sale by visiting LizFreeman.com and LizFreemanHomes.com.

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Greenville NC Real Estate Sales Statistics - September 2009

Liz Freeman (RE/MAX Preferred Realty) — Sat, 31 Oct 2009 07:33:06 -0500

Pending home sales have increased for seven straight months, the longest in the series of the index which began in 2001, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in August, rose 6.4 percent to 103.8 from a reading of 97.6 in July, and is 12.4 percent above August 2008 when it was 92.4. The index is at the highest level since March 2007 when it was 104.5.

Lawrence Yun, NAR chief economist, said not all contracts are turning into closed sales within an expected timeframe. "The rise in pending home sales shows buyers are returning to the market and signing contracts, but deals are not necessarily closing because of long delays related to short sales, and issues regarding complex new appraisal rules," he said. "No doubt many first-time buyers are rushing to beat the deadline for the $8,000 tax credit, which expires at the end of next month."

Let's take a look at the September sales statistics to see how the Greenville NC real estate market looks:

Greenville NC real estate sales statistics for September show that the average sales price has decreased by 11% to $168,013. While pending sales have increased by 18% compared to September 2008 and sold listings increased by 6% from 2008. Market times increased by 36 days or 26% from 2008.

Date	New Listings	Pending Listings	Sold Listings	Average Sales Price	DOM
Sept 2009	101	68	53	$168,013	137
Sept 2008	120	56	50	$188,846	101

Don't forget there are only a few weeks left to benefit from the $8,000 first time home buyer tax credit. Give us a call to make your dream home a reality!!

Learn more about the Greenville NC real estate market by visiting our websites, LizFreeman.com and LizFreemanHomes.com.

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Information is provided by the Greenville Multiple Listing Service and is deemed accurate but not guaranteed.

Greenville Real Estate For Sale: 2308 Crooked Creek Road

Liz Freeman (RE/MAX Preferred Realty) — Mon, 26 Oct 2009 18:15:04 -0500

Greenville Real Estate For Sale:

2308 Crooked Creek Road, Greenville NC 27834

MLS# 92640

Lovely landscaping, mature trees, and a wide paved drive leads to this stately three bedroom, two and a half bath brick home located in the Planter's Trail subdivision. The front door opens into a spacious foyer with transom entry door, chair rail, and polished hardwood flooring. An inviting family room radiates hospitality and charm with recessed lighting, crown molding, lighted ceiling fan, the warmth of a gas log fireplace, carpeted flooring, and an exit to the roomy rear deck. Warm and cozy, this is a room your family will love and enjoy for years to come. Warm and restrained, the formal living area with crown molding, chair rail, lots of windows, and gleaming hardwood floors provide the perfect setting for treasured antiques, family heirlooms, and elegant entertaining.

The updated, fully equipped kitchen boasts new paint, new granite countertops, smooth top range, dishwasher, microwave, maple cabinets, pantry, breakfast nook, built-in desk area, and decorative ceramic tile flooring. It's an inviting kitchen with lots of space and endless possibilities; there's no telling what you'll cook up here! The formal dining room with crown molding, ambient chandelier lighting, chair rail, tall windows, and beautiful hardwoods provide the perfect setting for old-fashioned holiday dinners with family and friends, or romantic candlelit moments with that special someone.

The master suite features vaulted ceiling, lighted ceiling fan, large windows, his and hers walk-in closets, plush carpeting, and bath with whirlpool tub, separate shower, double vanity with storage, and ceramic tile flooring. Step into this serene space, and let the crush and confusion of the day's routine gently melt away. Two additional bedrooms feature ceiling fans, windows, ample closet space, and carpeting, and a hall bath with single vanity, tub/shower combo, window, and ceramic tile flooring provides plenty of stylish space and function for children or guests.

A large bonus room/home office area offers ceiling fan, carpeted flooring, and large windows overlooking the rustic, picturesque grounds. It's a quiet, comfortable place to clear your mind and focus on the task at hand. The playroom/bonus has set-up for kitchen with sink, range, cabinets, and self-contained heating/AC system. Laundry room with laundry sink, cabinets, and shelves utilize function and storage inside, while the attached double garage and storage shed solves outside storage needs, keeping everything handy, out of sight, and uncluttered. This home also features a large deck with built-in seating, and an irrigation system that keeps your flowers, shrubs, and beautifully groomed lawn watered to perfection. Live up to your expectations. Enjoy peaceful living, beautiful surroundings, and a selective residential community, in this home that speaks the pride of ownership! Call today, this one won't last long 252-439-4000.

Learn more about 2308 Crooked Creek Road and other Greenville real estate by visiting LizFreemanHomes.com and LizFreeman.com.

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Auctions and Foreclosed Greenville Homes

Liz Freeman (RE/MAX Preferred Realty) — Sat, 24 Oct 2009 04:13:44 -0500

The number of people experiencing their Greenville home entering foreclosure is steadily increasing. Also increasing, is the number of bargains just waiting for home buyers to make a move. In RealtyTrac's April 2009 U.S. Foreclosure Market Report^TM they found that default notices, auction sale notices and bank repossessions were reported on 342,038 properties during the month of April alone. The increasing numbers have contributed to the thirty two percent increase since last year's April 2008 report. The report also showed one in every three hundred and seventy four homes received a foreclosure filing in April. These statistics prove foreclosure to be a growing threat to home owners. On the other hand, the foreclosure situation is benefiting people looking to purchase real estate in this buyer's market.

The amount of foreclosure properties on the market opens the door to opportunity for buyers. One way for buyers to take advantage of the opportunity to purchase a foreclosed Greenville home is through an auction. It is important for people, especially first timers, to become educated on how to buy a home at a foreclosure auction. The first place to start would be to look up general information about the process on the internet. Then, it might be a good idea to contact a real estate agent or real estate attorney for professional help and advising. Auctions can be organized in public places or held at local courthouses. It is best to avoid auctions held at courthouses because professional investors are common competitors and there is not much, if any, time to research the physical condition and financial background of the property being auctioned. Instead, find foreclosure auction notices in the local newspaper, online, or by contacting a city official for upcoming auction dates. It is important for buyers to research the property before deciding if they will bid on it. Prior to determining your bid gather some important information about to property such as, the estimated market value, outstanding loan balances, property liens, ownership history, title information, and calculate possible monthly expenses as the future homeowner. Once a little research is done on the property, enough knowledge will be available to determine the appropriate bid. Thoroughly looking farther in to the property can maximize your chances of getting a good bargain.

There are also other options for foreclosure buyers to consider. Today, most foreclosure properties have large or multiple mortgages. This takes away from the likelihood of getting a bargain at an auction because banks will ask for bids that are more than the actual value of the property. The first alternative is to buy the property before it goes to auction, which is called a pre-foreclosure. To do this check the city records to find foreclosure properties. Then, contact the owners by writing a letter of interest. Follow up with a phone call and hope they are willing to accept an offer. Another route is to wait to see if the property sells at the auction. If the property does not see it will be put on the market by the bank it is owned by. In this case you will be able to buy the house just like it was regular real estate. Another benefit to this option is the ability to conduct a home inspection and get a mortgage. Remember, when considering the purchase of a Greenville home through an auction make sure plenty of research is done to maximize the potential of getting a good deal. Also keep in mind that if the odds are not looking good for the auction there are always other paths to take.

Learn more about buying a Greenville home at LizFreeman.com and LizFreemanHomes.com

Greenville Homes For Sale: 310 Dupont Circle

Liz Freeman (RE/MAX Preferred Realty) — Tue, 20 Oct 2009 06:53:45 -0500

Greenville Homes For Sale:

310 Dupont Circle, Greenville NC 27858

MLS# 92306

A walk of mellow bricks and lovely landscaping leads guests to the inviting entrance of this grand, custom built, two-story home. Upon entering the roomy foyer, featuring chandelier lighting, dentil crown molding, chair rail, staircase, and hardwood flooring, you will quickly appreciate this home's vast, open floor plan. The spacious family room boasts crown molding, recessed lighting, ceiling fan, fireplace with lovely built-ins on each side, large windows that flood the room with lots of natural light, and carpeted flooring. Formal living area also offers crown molding, lots of windows, and carpeting.

Experience the joy of cooking in the sizable kitchen with crown molding, ceiling fan, double stainless sink with window view, new tile backsplash, double pantry, range, dishwasher, custom built solid wood cabinets (some with glass fronts), plenty of counter space, center island, informal dining area, and double French doors opening to the large screened porch, with ceiling fan. Chandelier lighting, dentil crown molding, chair rail, large windows, and beautiful hardwoods offer an elegant, relaxed atmosphere in the formal dining room where you can enjoy wonderful meals with friends and neighbors. Lavish lunches or intimate dinners, this space offers a dining experience that's guaranteed to impress.

The master bedroom is enhanced with ceiling fan, windows, three large closets with built-ins, and carpeted flooring. Master bath with crown molding, double vanity, tub/shower combination, and tile flooring provide a soothing oasis, inviting you to linger and let the day's hectic routine slowly melt away. Children or overnight guests are no problem here. A second bedroom has crown molding, ample closet space, windows, and carpeting. Third bedroom offers crown molding, walk-in closet, windows, and carpeting. Fourth bedroom features ceiling fan, two closets, windows, and carpeted flooring. Downstairs hall bath and upstairs bath both have single vanity, tub/shower combinations, and tile flooring. The upstairs hallway also features a double linen closet. Laundry room has laundry sink, lots of cabinets and double coat closet, plenty of counter space, coat closet, and garden window. The whole-house attic fan and 3rd floor walk-up also utilize function and storage inside, while the attached double garage solves outside storage needs, keeping everything handy and out of sight.

Have a green thumb? Just look at this backyard!! A brick patio, colorful gardens, flowers, shrubs, and a potting shed with covered porch and patio, are all part of this totally fenced wooded property. If you like digging in the dirt and getting your hands dirty, you're going to love it here! For those who appreciate simple elegance and natural surroundings, come home to all the charm, warmth, and hospitality this home has to offer.

Learn more about 310 Dupont Circle and other Greenville homes for sale by visiting LizFreeman.com and LizFreemanhomes.com.

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Greenville Real Estate For Sale: 515 H Spring Forest Road

Liz Freeman (RE/MAX Preferred Realty) — Tue, 13 Oct 2009 06:17:23 -0500

Greenville Real Estate For Sale:

515 H Spring Forest Road, Greenville NC 27834

MLS# 92220

This two bedroom, two-bath townhouse is in excellent condition, only minutes from the hospital and ECU, and is completely move in ready. The open foyer, with tile flooring, opens to the spacious great room featuring vaulted ceiling, ceiling fan, plush carpeting, gas log fireplace, and large windows that flood the room with natural light. Whether you're enjoying quiet time alone, or entertaining friends, it's a warm, comfortable space everyone will enjoy.

The cozy, U-shaped kitchen has ample storage, smooth top range, dishwasher, refrigerator, microwave, pantry, and lots of white cabinets, (some with glass fronts). The adjacent dining area offers a warm color palette, chandelier lighting, carpeting, and sliding doors exiting to the private vaulted balcony, overlooking a serene, wooded area. Convenient laundry room features plenty of shelving for storage and washer and dryer convey.

The master bedroom offers vaulted ceiling, lighted ceiling fan, large windows with blackout drapes that convey, and soft, lush carpeting. Master bath has double vanity with storage, large walk-in closet, skylight, whirlpool tub, separate shower, private water closet, and tile flooring. A second bedroom with lighted ceiling fan, window, walk-in closet, and carpeting, as well as a hall bath with single vanity, tub/shower combination, and tile flooring, provide plenty of space and privacy for children or overnight guests.

An outside storage area, low monthly HOA fees, and central A/C are among the many amenities this energy efficient home has to offer. Nestled in a warm, friendly neighborhood, this two-story charmer won't last long, so stop wasting rent money and make your payments count! Call today for your personal tour at 252-439-4000.

Learn more about 515 H Spring Forest Road and other Greenville real estate by visiting LizFreeman.com and LizFreemanHomes.com.

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Myths And Facts: Greenville Real Estate Appraisals

Liz Freeman (RE/MAX Preferred Realty) — Fri, 09 Oct 2009 21:21:06 -0500

A real estate Appraisal is not the same thing as a Comparative Market Analysis (CMA). A real estate Appraisal determines the market value of the property, which is an estimate of the sale price of the house. An Appraisal is mandatory when you are borrowing money from a lender to purchase a home. An Appraisal is done by a specially trained and experienced individual known as an appraiser.

On the other hand, a Comparative Market Analysis is used to determine a reasonable asking price based on the selling and listing prices of comparable real estate. This is conducted by the real estate agent listing the property. The sole purpose of a CMA is to help the real estate agent advise the sellers when trying to come up with an appropriate asking price. This is different from an appraisal because a Comparative Market Analysis helps determine the actual asking price, where as the appraisal reveals the property's actual value. Appraisers usually use similar research on comparable properties as a factor in determining the property value.

Here are some myths and facts to help you lean more about the Appraisal of your Greenville real estate.

1. Myth: Some people may think that making sure the buyer does not overpay is the main goal of an appraisal.

Fact: People buying and selling real estate can gather resourceful information from an appraisal. However, the appraiser's intended purpose is to provide protection for lenders. An Appraisal is required before the lender approves a buyer's loan.

2. Myth: Appraisers determine the property value by multiplying the price per square foot by the square footage of the property.

Fact: Appraisers determine the value of the Greenville real estate by other characteristics too. Things they take in to consideration include the location, proximity to desirable destinations, school districts, quality and condition of the property, selling prices of comparable real estate, and other relevant qualities.

3. Myth: Anyone involved in real estate could conduct Appraisals.

Fact: States regulate the requirements for Appraisals to obtain a license. Obtaining a license usually includes taking courses, passing an exam, and possible hours of experience.

4. Myth: There is never an obligation to educate buyers on problems with the home found by the appraiser.

Fact: The appraiser is required to notify buyers of problems when the buyer is applying for a mortgaged insured by the Federal Housing Administration. For other types of mortgages, the appraiser is not required to disclose potential defects.

5. Myth: If an Appraisal is done there is no need to obtain a home inspection on your Greenville real estate.

Fact: As mentioned earlier the purpose of the Appraisal is to protect the lender. This does more for the people selling theGreenville real estate. Where as, home inspections are meant to educate buyers on the state of the home and its major elements.

Get a no obligation Comparative Market Analysis on your Greenville real estate.

Greenville Homes For Sale: 449 Forrest Park

Liz Freeman (RE/MAX Preferred Realty) — Wed, 07 Oct 2009 19:45:56 -0500

Greenville Homes For Sale:

449 Forrest Park, Greenville NC 27858

MLS# 92192

A walk of mellow bricks and professional landscaping leads guests to the inviting entrance of this five-bedroom, four bath home, located in the exclusive, unique Parmer Place Subdivision.
Beautifully appointed with exquisite heavy crown moldings, soaring ceilings, archways, and impressive five-inch hardwood floors greet you as you enter the breathtaking foyer. The dramatic great room with vaulted ceiling, crown molding, recessed lighting, and gas log fireplace, opens to a covered porch with flagstone flooring, and a screened porch with ceiling fan and flagstone flooring, providing a serene setting for a quiet afternoon of relaxation, or expanding leisure activities with friends and family to the great outdoors.
Nothing is spared in the spacious gourmet kitchen featuring crown molding, recessed lighting, white double sink, premium white wooden cabinets, granite countertops, smooth top range, built-in microwave, dishwasher, disposal, pantry and gleaming hardwood floors. The adjoining informal dining and keeping room offers crown molding, lots of windows with plantation shutters, and hardwood flooring. Crown molding, chandelier, impressive floor-to-ceiling arched window, and gorgeous hardwoods offer an elegant, relaxed atmosphere in the formal dining room where you can enjoy wonderful meals with friends and neighbors. Whether its casual lunches or intimate dinners, this space offers a dining experience that's guaranteed to impress.
Spacious first floor master suite offers a lavish personal retreat featuring a double trey ceiling with crown molding, recessed lighting, windows with plantation shutters, and soft, plush carpeting. Stress management begins in the upscale master bath featuring double vanity with cultured onyx countertops, tiled garden tub, separate glass tiled shower, separate water closet, walk-in closet with built-ins, marble tile flooring, and faux shutters. It's a luxurious, intimate space where you can invigorate, rejuvenate, and unwind. Second bedroom has crown molding, windows, double closet and carpeted flooring; third bedroom has crown molding, window, ample closet space and carpeted flooring. Fourth bedroom offers palladium window, ample closet space, hardwood flooring, and opens to a full bath with single pedestal sink, tub/shower combo, and hardwood flooring. Hall bath has single vanity, tub/shower combo and ceramic tile flooring. Carpeted stairs lead to the fifth bedroom suite featuring crown molding, walk-in closet, lots of walk-in attic space, and an adjoining bathroom with single vanity and marble countertops, tub/shower combination, and ceramic tile flooring.
Outside, the sprinkler system keeps your flowers, shrubs, and beautifully groomed lawn watered to perfection, and it's easy to keep your vehicles looking new when you park them in the finished, double attached garage featuring closet with sink, cabinet, and hot and cold water. With something for everyone, it's more than a home; it's a lifestyle! Why wish and wait? Call now and let us show you how. Call Liz Freeman today for your personal tour at 252-439-4000.

Learn more about 449 Forrest Park and other Greenville homes for sale by visiting LizFreeman.com and LizFreemanHomes.com.

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Choosing the Best Neighborhood When Buying Greenville Real Estate

Liz Freeman (RE/MAX Preferred Realty) — Mon, 05 Oct 2009 11:59:06 -0500

Sometimes people have to sacrifice purchasing their dream home for a less perfect home in a better location. The buyer and family's quality of life can be affected by their surroundings and features a neighborhood has to offer. Choosing the best neighborhood is just as important as finding the perfect home. Neighborhoods have numerous characteristics to consider when trying to make the right choice.

One of the most important things to look in to is the quality of schools in the area. Compare various public schools within a school system; some may be better than others. In order to keep all options open, also take a look at private schools in the area. Even if you do not have kids that will attend school, it is still a good idea to pick an area with good schools to help with reselling Greenville real estate.

Another crucial characteristic of a neighborhood to research is the crime. Contact the local police office to find out crime trends, types, and rates. Go online to find out if there are any sex offenders living near by. Do not judge a book by its cover, just because a neighborhood looks well kept and charming does not mean there are not any crime related issues.

For financial reasons, check in to the property values of homes in the neighborhood. Find out if the Greenville real estate values in various areas have been increasing or decreasing. If the neighborhood is in an up and coming area the value of the property is likely to go up. Where as, if the area is going down under, the property value will probably follow. See if there are any future construction and development projects to take place. Alterations to the surrounding area could drastically change the property value.

Next thing to take into consideration is the neighborhood's proximity. Make sure the location is a reasonable distance to work, school, and other frequented destinations. Convenience always makes life a little easier. Having grocery stores, pharmacies, hospitals, and other places of interest and importance easily accessible will make a big difference in every day life.

Other things to consider when choosing a neighborhood relate directly to the neighborhood it's self. Just as buyers have preferences in things they are looking for in a house, there are also preferred characteristics to look for in neighborhoods. Neighborhoods could have numerous features to offer such as, gated communities, nice sidewalks, large lots, parks, restaurants, safe roads, trees, landscaping, community recreational facilities, civic leagues, and golf courses. Keep in mind that a neighborhood may have neighborhood fees as part of a home owner's association. Be sure to pick neighborhood features that best fit the lifestyle of you and your family.

Choosing a neighborhood can be just as difficult as finding the right piece of Greenville real estate. Finding the perfect home in the right neighborhood may be even more of a challenge. Do your homework, research the area and prioritize features that are most important to you and your family.

Learn more about Greenville real estate at LizFreeman.com and LizFreemanHomes.com.

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Greenville Real Estate For Sale: 1411 Trafalger Drive

Liz Freeman (RE/MAX Preferred Realty) — Mon, 28 Sep 2009 18:15:50 -0500

Greenville Real Estate For Sale:

1411 Trafalger Drive, Greenville NC 27858

MLS# 92041

Professional landscaping, paved walkways, and a roomy covered front porch add charm and character to this home as it cheerfully welcomes friends and neighbors inside. The transom front door opens to an impressive foyer featuring dentil crown molding, chair rail, arched openings to formal dining and great room and gleaming hardwood floors. The vast great room boasts vaulted ceiling, crown molding, recessed lighting, gas log fireplace with lovely built-ins on each side, and built-in TV area. The great room also exits onto a lovely, spacious screened porch with lighted ceiling fan, and rustic wood plank flooring. Overlooking the backyard, it's a wonderful outdoor space that invites bare feet and hours of causal entertaining.

Experience the joy of cooking in this well appointed kitchen featuring crown molding, recessed lighting, double stainless sink, decorative tile backsplash, lots of Maple cabinets (some with glass fronts), 5-burner gas range, convection oven, microwave, dishwasher, breakfast bar, single and double pantries, and hardwood flooring. The adjacent breakfast room/keeping room has crown molding, chair rail, chandelier lighting, large windows and hardwood flooring. The formal dining room with arched doorway, dentil crown molding, chandelier lighting, chair rail, large windows and hardwood flooring, is the perfect setting for old-fashioned holiday dinners with family and friends, or romantic candlelit moments with that special someone.

Master suite boasts trey ceiling, lighted ceiling fan, crown molding, windows and plush carpeting. Stress management begins in the upscale master bath featuring double vanity with storage, huge walk-in closet, linen closet, tiled whirlpool tub with window view, separate glass/tile shower, separate water closet and ceramic tile flooring. It's a luxurious space where you can lavishly indulge and let the crush and confusion of the day's routine melt away. Two additional bedrooms have crown molding, ceiling fan, ample closet space, and neutral carpeting. These rooms share a delightful Jack and Jill bath featuring double vanity with storage, linen closet, tub/shower combination and ceramic tile flooring. Second level also has a bonus room with sloped ceiling, ceiling fan, windows, large walk-in closet, carpeting and lots of walk-in attic storage. An area off the bonus room is already plumbed for a bath and the generous walk-in attic space could easily be converted into additional living space. These multi-purpose areas could serve as guest rooms, a home office, hobby/game room, an in-home gym, or simply provide the answer to all your storage needs --- the possibilities are endless.

With a winning combination of subtle elegance, warmth, and charm, this two-story beauty is formal, yet inviting. The best of everything has gone into this stunning home....the only thing missing is you!

Learn more about 1411 Trafalger Drive and other Greenville real estate by visiting LizFreeman.com and LizFreemanHomes.com.

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Greenville NC Foreclosure Trends - August 2009

Liz Freeman (RE/MAX Preferred Realty) — Fri, 25 Sep 2009 19:30:03 -0500

There are currently 364 Pitt County and Greenville NC foreclosure homes with 67 new foreclosures in August 2009, according to RealtyTrac.com.

The average sales price of a Greenville NC home in August 2009 was $144,475. In comparison, the average sales price of a foreclosure home was $118,327.

Pitt County & Greenveille NC Foreclosure Activity and Home Price Index

Pitt County & Greenville NC foreclosure activity has steadily increased over the past 4 months with home appreciation down0.72 percent from July 2009.

Pitt County foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Pitt County & Greenville NC Foreclosure Geographical Comparison

Pitt County & Greenville NC foreclosures are 0.19% below national statistics and 0.01% below North Carolina figures.

Pitt County & Greenville NC Foreclosure Activity by Month

Pitt County & Greenville NC foreclosure activity remains high with increases in the of both pre-foreclosures and bank-owned properties.

Are you or someone you know behind on your mortgage payments and facing a Pitt County & Greenville NC foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE). Give me a call for a private consultation.

Greenville Homes For Sale: 3701 Black Jack Simpson Road

Liz Freeman (RE/MAX Preferred Realty) — Thu, 24 Sep 2009 06:33:43 -0500

Greenville Homes For Sale:

3701 Black Jack Simpson Road, Greenville NC 27858

MLS# 92016

A lush lawn, lovely landscaping, and wide gravel drive leads guests to this updated, three-bedroom, two-bath doublewide located in the quiet outskirts of Greenville. At 1904 square feet, spacious rooms mean comfortable living.

Two great rooms boast vaulted ceilings, ceiling fans, large windows, the warmth of a see-through gas log fireplace with rich, wooden mantles on both sides, and the feel of soft, luxurious carpeting underfoot. Experience the joy of cooking in the updated, fully equipped kitchen featuring crown molding, sink with window view, tile backsplash, maple cabinets, smooth top range, dishwasher, breakfast bar with pendant lighting, walk-in pantry, new countertops, light fixtures, and vinyl flooring. The formal dining room with crown molding, new lighting fixture, built-in china cabinet, large windows, and carpeted flooring is the perfect space for quiet intimate meals, or lavish entertaining with family and friends.

Master bedroom has vaulted ceiling, lighted ceiling fan, windows, walk-in closet, and carpeting. En suite master bath features vaulted ceiling, two separate vanities with storage, linen closet, corner garden tub, separate shower, and separate water closet. Beauty and function combine here to help soothe and pamper your cares away at the end of a long, hard day. Two additional bedrooms provide plenty of space for children or overnight guests. One has two walk-in closets, while the other has walk-in closet and ceiling fan. The hall bath offers a single vanity with storage, new countertop and light fixture, and tub/shower combination. On this 2.19 acre lot, you'll also find a horse pasture, surrounded by electric fencing, a 24'x24' two-stall horse barn with metal roofing, water, and electricity, a 12'x16' storage building and a new 12'x24' storage building with architectural shingles, water, and electricity.

So if it's privacy, seclusion, and room for all your faithful companions you're after, look no further -- we have it all right here! Call today and let us open the door to your new home! Call today, this one won't last long! 252-439-4000.

Learn more about 3701 Black Jack Simpson Road and other Greenville homes for sale by visiting LizFreeman.com and LizFreemanHomes.com.

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Greenville NC Real Estate Sales Statistics - August 2009

Liz Freeman (RE/MAX Preferred Realty) — Mon, 21 Sep 2009 18:09:43 -0500

Contract activity for pending home sales has risen for six straight months, a pattern not seen in the history of the index since it began in 2001, according to the National Association of Realtors®.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in July, increased 3.2 percent to 97.6 from a reading of 94.6 in June, and is 12.0 percent higher than July 2008 when it was 87.1. The index is at the highest level since June 2007 when it was 100.7.

Lawrence Yun, NAR chief economist, said the housing market momentum has clearly turned for the better. "The recovery is broad-based across many parts of the country. Housing affordability has been at record highs this year with the added stimulus of a first-time buyer tax credit," he said. "Other buyers are taking advantage of low home values before prices turn higher. Nationally, the typical mortgage payment now takes less than 25 percent of a middle-income family's monthly income to buy a median priced home, with payment percentages so far in 2009 being the lowest on record dating back to 1970. As long as home buyers stay within their budget, mortgage payments will be very manageable," Yun said.

Let's take a look at the August sales statistics to see how the Greenville NC real estate market looks:

Greenville NC real estate sales statistics for August show that the average sales price has decreased by 13% to $164,473. While pending sales have increased by 8% compared to August 2008 and sold listings were down 31% from 2008. Market times increased by 31 days or 26% from 2008.

Date	New Listings	Pending Listings	Sold Listings	Average Sales Price	DOM
Aug 2009	108	74	45	$164,473	121
Aug 2008	135	68	65	$189,756	90

Don't forget the clock is ticking to use the $8,000 first time home buyer tax credit. Give us a call to make your dream home a reality!!

Learn more about the Greenville NC real estate market by visiting our websites, LizFreeman.com and LizFreemanHomes.com.

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Information is provided by the Greenville Multiple Listing Service and is deemed accurate but not guaranteed.

Greenville Real Estate: 12 Robin Road

Liz Freeman (RE/MAX Preferred Realty) — Sat, 19 Sep 2009 06:54:47 -0500

Greenville real Estate For Sale:

12 Robin Road, Greenville NC 27858

MLS# 87819

Rare find in this beautifully established area. Gorgeous setting.

Learn more about 12 Robin Road and other Greenville real estate by visiting LizFreeman.com and LizFreemanHomes.com

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Greenville Real Estate For Sale: 886 Ray Crawford Drive

Liz Freeman (RE/MAX Preferred Realty) — Mon, 14 Sep 2009 20:33:00 -0500

Greenville Real Estate For Sale:

886 Ray Crawford Drive, Winterville NC 28590

MLS# 91928

This vinyl exterior home, built in 1998, is located on a cul-de-sac in the charming Winterfield subdivision on a .38-acre lot. The Traditional style offers four bedrooms, two baths, and is just a short drive from ECU, the medical district, area restaurants, shopping, and schools.

At 1,748 square feet, spacious rooms mean comfortable living. An open foyer with crown molding, chair rail, and hardwood flooring opens to the Great Room featuring vaulted ceiling, lighted ceiling fan, crown molding, fireplace with gas remote logs, fire screen, carpeted flooring, and exit to deck and fun backyard area.

Efficient style and inviting warmth is what you'll get in the kitchen featuring crown molding, double stainless sink with window view, lots of maple cabinets, ample counter space, center island, electric range, dishwasher, pantry and breakfast nook with crown molding, chair rail, ceiling fan, and large picture window that floods the space with lots of natural light. Perfect for casual entertaining and family mealtimes, it's the place everyone will gather for the simple joys of good company and good food. Accessible from the kitchen, the spacious formal dining room with crown molding, chandelier, chair rail, large wall of windows and carpeted flooring, offers the perfect backdrop for antique furnishings.

The master bedroom offers lighted ceiling fan, windows, and carpeting. Master bath has double vanity with storage, walk-in closet, tub/shower combination, linen closet and tile flooring. Serenely simple, this "suite retreat' is a private oasis of indulgent conveniences at the end of a long, hard day. Three additional bedrooms have windows, carpeting, and ample closet space. Full hall bath has vanity with storage, tub/shower combination, and ceramic tile flooring, providing lots of space and privacy for children or overnight guests.

The partially fenced backyard features an above ground pool, jungle gym set and lots of trees; providing plenty of shade and peaceful relaxation, as well as a safe, secure place where children and pets can safely play and romp without worry. If it's storage you need, you'll also appreciate the partially floored attic with pull down stairs, roomy outside storage shed and attached 2-car garage with lots of storage and vinyl flooring.

Enjoy peaceful living, beautiful surroundings and a selective residential community, in this home that speaks the pride of ownership. It's your move. Let us open the door to your new home! Call today for your tour 439-4000.

Learn more about 886 Ray Crawford Drive and other Greenville real estate by visiting LizFreeman.com and LizFreemanHomes.com.

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Things To Consider When Investing In Greenville NC Real Estate To Rent

Liz Freeman (RE/MAX Preferred Realty) — Sun, 13 Sep 2009 18:58:36 -0500

If you are thinking of buying Greenville NC real estate and making it a rental property, there are a number of things to consider when choosing the property:

1. Location

If you will be renting to a year ‘round tenant, look for a property convenient to major employers, schools, shopping facilities, transportation.

2. Price

If you hope the rental income will be more than the cost of the monthly mortgage, insurance and taxes on the home, you should be careful to invest no more per month than the local rental market can bear. If your goal for rental income is to "break even" or even to have a negative cash flow, price becomes somewhat less important.

3. Resale

Consider the long-term resale value of the property. If you buy in a fast growing area, the resale value will be greater further down the road. If you buy is a slow growth area, your resale value will be less, but there may be a better rental market.

4. Neighboring homes

Are the neighboring homes well-maintained? If not, they will drive down your property values.

5. Solid construction

Look for solid construction. Tenants tend to put more wear and tear on a home than owners. Find a low-maintenance property suitable for renters. For example, white carpeting will have a much shorter life than something more neutral.

6. Do it yourself

If you live nearby, it can be relatively simple to stay in touch with tenants, and to keep an eye on your investment. If you lack the time, or your property is some distance away, you may wish to work with a property management firm.

Learn more about Greenville NC real estate by visiting LizFreeman.com and LizFreemanHomes.com.

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Greenville Homes For Sale: 5117 NC Hwy 43 South

Liz Freeman (RE/MAX Preferred Realty) — Wed, 09 Sep 2009 06:49:56 -0500

Greenville Homes For Sale:

5117 NC Hwy 43 South, Greenville NC 27858

MLS# 91027

Lovely landscaping, paved drive, and century old trees usher you to the entrance of this spacious four bedroom, three-bath home. Designed for informal gatherings, the family room offers crown molding, ceiling fan, plush carpeting, and lots of windows that flood the room with an abundance of natural light. Offering the warmth of wood and lots of storage, the large kitchen offers double stainless sink, center island, plenty of cabinets, ample counter space, gas range, dishwasher, pantry, and breakfast room with chandelier, windows, and exit to the huge rear deck.

Downstairs master suite features lighted ceiling fan, cedar-lined walk-in closet, large windows, and carpeted flooring. Master bath has vanity with storage, tub/shower combination, and built-in linen closet. Simply serene, this space provides a nice, relaxing get-away after a long, hard day. Three additional bedrooms and a hall bath with single vanity and tub/shower combination provide plenty of space and convenience for children or overnight guests.

The massive rear deck invites bare feet and casual entertaining as stately trees provide lots of privacy and shade. Relax; take in the sights and sounds of nature, or fire up the grill for an outdoor feast with family and friends. Whatever your pleasure, rest assure, everyone will enjoy this cool, shady retreat.

This property also offers a detached recreation building with paneled walls, fluorescent tube lighting, ceiling fans, refrigerator/freezer, sink, window A/C, propane gas heater, carpeting, and bathroom with sink, shower, and water closet. Attached is a 25.7' X 16.3' garage.

Whether you're planning an intimate evening for two or hosting the summer's largest get-together, this backyard has everything you need to make it happen with style. Come home to quiet, country comfort and enjoy all the charm, warmth, and hospitality this home has to offer. We're sure you and your guests will enjoy the very nature of it. Call now for details. Call us today Liz Freeman 439-4000.

Learn more about 5117 NC Hwy 43 S and other Greenville real esate by visiting LizfreemanHomes.com and LizFreeman.com.

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Greenville Real Estate For Sale: 3682 Ivy Road

Liz Freeman (RE/MAX Preferred Realty) — Tue, 08 Sep 2009 11:35:47 -0500

Greenville Real Estate For Sale:

3682 Ivy Road, Greenville NC 27858

MLS# 91036

The large covered porch with red brick steps, white pillars, and wooden planks add charm, and character as it cheerfully welcomes friends and neighbors inside. The foyer with crown molding, chair rail, and hardwood flooring, opens to the spacious great room enhanced with an exposed beamed, tongue and groove vaulted ceiling, two lighted ceiling fans, chair rail, carpeting, and an impressive floor-to-ceiling gas log masonry fireplace with raised hearth. Whether you're entertaining friends and family, or unwinding after a long day at work, it's a warm, comfortable space ideal for today's casual living.

Experience the joy of cooking in the newly renovated kitchen and breakfast room featuring double stainless sink with window view, warm maple cabinets, granite countertops, decorative tile backsplash, pantry, stainless refrigerator, gas range, built-in microwave, dishwasher, wine cooler, hardwood flooring, and breakfast room with bay window, chandelier, crown molding, and chair railing. Beauty and function combine here, making this an enjoyable space for everything from preparing meals to doing homework. Accent columns, crown molding, chair rail, large windows, and gorgeous hardwoods offer an elegant, relaxed atmosphere in the formal dining room where you can enjoy wonderful meals with friends and neighbors. Casual lunches or formal dinners, this space offers a dining experience that's guaranteed to impress. Cheerful and relaxing, the sunroom offers crown molding, skylights, ceramic tile flooring, and two sets of sliding patio doors leading to the rear deck and pool area. Friends and family alike will gravitate to this cozy retreat, overlooking the beautiful backyard area.

The spacious first floor master suite boasts crown molding, ceiling fan, and large windows that flood the room with natural light. Stress management begins in the upscale master bath featuring new light fixtures, double vanity with maple cabinets and granite countertop, tiled whirlpool tub with window view, separate double tiled shower with regular and rain showerheads, walk-in closet, and ceramic tile flooring. Step into this lavishly serene space, and let the crush and confusion of the day's routine gently melt away.

Upstairs you'll find a large landing area, suitable for a home office or play room; two additional bedrooms with ceiling fans, walk-in closets with built-ins, windows and carpeting; and a hall bath featuring single maple vanity and mirror, and tub/shower combination.

Outside it's FUN IN THE SUN!! Poolside living can be yours to enjoy in this beautifully landscaped backyard, featuring an in-ground pool surrounded by a large brick patio. The pool and patio area are completely enclosed by white vinyl fencing, and a new pool house, with fenced play area providing ample room for all those pool toys and supplies. Cool and refreshing, this is a space that's meant to be enjoyed! Enjoy the convenience of a new double car garage with upstairs storage space. If you like the beauty of clean lines and visual excitement, look no further. With a winning combination of charm, warmth, and traditional elegance, this is a place you'll be proud to call home. Call Liz Freeman today at 439-4000.

Learn more about 3682 Ivy Road and other Greenville real estate by visiting LizFreeman.com and LizFreemanHomes.com.

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