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Patton Property Group newsletter December 2010

By
Real Estate Agent with All-Star Powerhouse

Website version of December 2010 newsletter for PPG

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NC New Contract Jan 1st 2010
Upturn in sales - Honey I want a home for Christmas!
December 2010
 
Quick Links

help me search for property and homes for sale in Asheville NC

Asheville NC MLS homes search


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Asheville NC Farms

Investments and Rentals in the Asheville NC area

 

Tools

market statistics figures in asheville nc homes for sale

Retire in Asheville NC

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Schools in Asheville NC

 

Town Squares (many more on website)

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Black Mountain NC homes for sale and information

Biltmore Lake Asheville NC homes for sale

North Asheville NC neighborhoods

Ramble Biltmore asheville nc homes for sale

Biltmore Park Asheville NC homes for sale

 
Dear Rowena,
Ro headshot
How did we arrive at Christmas 2010 so quickly? I hope you are all ready for the holidays and looking forward to a peaceful break with friends and family.

Thanks for all of your support through 2010, we really appreciate and value your business.

Selling Your Home?
If you are about to list your home, consider our track record. We are the #9 team in the Carolinas, and PPG will fund $100 of an appraisal for you upfront, - your best tool in today's market. Stating 'priced below appraisal' is your most powerful selling
point. Frankly, if your pricing is not in the lower quartile of your suggested price range, based on sales and homes for sale, you are hurting your probability of sale.

Homes ARE selling - we are on track to our record December! Enter your home's details here for a free home value

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NC Changing The Way You Purchase and Sell a Home

North Carolina's Real Estate Commission is changing the way you purchase and sell a home in just a couple of weeks, from January 1st 2011. There is no longer 'Alternative 1, with its inspections and many requirements around deadlines and repairs.


Let us know what you are looking for here

We are switching to a 'due diligence' period for purchasers, which removes such items as a loan contingency and inspection contingencies, and allows buyers to back out of the contract for any reason within a specified period of time - usually 30-45 days. One never knows the real effects, good or bad of such changes until we try out the new prconstractprocess, although most Realtors support the change. Some pro-active points:
  • Buyers should attempt to get pre-approved BEFORE going out and looking at homes. We are now asking sellers to wait for the buyer's due diligence inspections. Many sellers will require pre-approval with the offer, before what many sellers see as 'taking their home off the market'
     
  • Sellers may wish to have a pre-inspection to take care of any issues that are unknown. Now a purchaser can back out, get their earnest money back, only being out the inspection costs, sellers would be well advised to make sure that the buyer inspection is as 'clean' as possible
     
  • Buyers may consider putting down whatever they are not borrowing - ie, if going for a 95% loan, 5% should be put down as earnest money. Given buyers can now terminate with return of earnest money, this is at less risk, and like many other States, the offer appears more serious.
     
  • Sellers may consider putting 'pre-qualification with offer' on their listing. It is not uncommon to see this already. Any serious buyer will already have made contact with a lender if funding the purchase through a loan.
Let us know what you are looking for here

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Want more info?

Call us today at 828 210 1648 or email us:

Buying a home
Request@PattonPropertyGroup.com

Selling a home
Selling@PattonPropertyGroup.com


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Get the scoop on All-Star Powerhouse www.AllStarPowerhouse.com

Listen to our Fox Real Estate Show every Saturday 10-11am  Link to podcasts

Do you work in the Healthcare industry, Teaching, Police Force, as a Firefighter, or in the Military, retired or active? We will give you 25% off when Buying any home on the MLS! This is equivalent to up to $1,500 on a $200,000 home! See MountainHomesForHeroes.com

There are many great Asheville area homes for sale.

www.MountainHomeHunt.com

 

You may also call me at (828) 210-1648 for a FREE home buying or selling consultation to answer any of your real estate questions.

 

Or simply tell us more about what you are looking for.

Sincerely,

Rowena Patton
Broker/Owner
All-Star Powerhouse @ Keller Williams
#210, 56 Central Ave, Asheville NC 28801

(828) 210-1648

Email: Request@PattonPropertyGroup.com

Comments (3)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I like the information you have provided in the newsletter. Good luck.

Dec 21, 2010 12:18 AM
Pocono Luxury Homes The Jeff Rickert Team
RE/MAX Property Specialists - Pocono Lake, PA
Poconos Luxury Homes

Thanks for the post.

Good luck in your area.

Happy holidays.

Dec 21, 2010 12:23 AM
Ellie Penaranda
239.776.5077 Downing-Frye Realty - Naples, FL
Naples Florida Real Estate - Waterfront & Beach Co

Rowena - I like you format - very simple, clean and easy to find the info of interest.  Happy holidays and to a successful 2011.

Dec 21, 2010 01:46 AM