31 days of january: What Does "Like Kind" Mean In My 1031 Exchange of My Fayetteville NC Investment Property? - 01/30/11 03:21 AM
What Does "Like Kind" Mean In My 1031 Exchange of My Fayetteville NC Investment Property?In a 1031 tax exchange the property that is transferred must be of like-kind with the property that is acquired. Like kind means that real property may be exchanged for other real property, or personal property may be exchanged for other personal property. Once you have made the decision that completing a 1031 exchange is the right financial decision, then it is time to sell your investment property and have the right Real Estate Professional locate a like kind property for the exchange. 
(0 comments)

31 days of january: When A Seller Wants Everything Including The Kitchen Sink - 01/28/11 07:46 PM
When A Seller Wants Everything Including The Kitchen Sink
More often we hear about buyers who want everything when they buy a new home. But what about the home seller who wants to keep everything including the kitchen sink--LITERALLY. I met with a home seller this week and I honestly thought it might be some kind of joke. Well, maybe I was hoping it was some kind of joke when they asked me if we could exclude the sink. Okay, it was not the kitchen sink but that sounded better for my title.As we went over the listing contract they asked … (5 comments)

31 days of january: The Keenest Way To Beat The Competition - 01/04/11 12:56 AM
 
As we sail into the 2011, there is so much business planning going on. With that, there are so many people who would love to get a handle on how to beat the competition. So just what is the keenest way to beat the competition?1. To Thine Own Self Be True--ShakespeareSo often we attempt to emulate others more than analyzing and executing that what is true to our own character and brand. Shakespeare got it right, To Thine Own Self Be True.2. They Can Because They Think They Can--VirgilAh yes, the wisdom of Virgil. Long before the Secret was Virgil. … (8 comments)

31 days of january: I have a VA Certificate, Why Do I Need a Lender? - 01/02/11 03:33 PM
 
One Question that comes up in the Fayetteville & Fort Bragg Housing market, pertains primarily to Veteran's use of their VA entitlement.  The below is a question from a past customer in reference to the use of the VA certificate. We are publishing the email to help bring awareness and education to the question to help the public. 

EMAIL QUESTION FROM MY CLIENT BELOW:
Mr. Anderson, 
My wife and I want to purchase a home, we are both military and want to use our VA entitlement.  I know you indicated that we need to talk with a lender in order to proceed … (5 comments)