Monday Market Update – October 25, 2010

Real Estate Agent with Coldwell Banker Sea Coast Realty

Wilmington NC Monday Market Update

by. Melanie Cameron

Happy Monday!  I hope you had a wonderful weekend and were able to enjoy the great weather.  I attended my 20th High School Reunion and was reminded how quickly time flys by!

I attended another 2 day Short Sale education class last week and continue to be amazed how confusing the mortgage industry makes it for consumers to get good information about their options if they are in financial distress.  The majority of homeowners that go into foreclosure never seek other alternatives and end up facing the consequences of a foreclosure on their credit for years to come.  Did you know a foreclosure on your credit could cost you a job?  It can cause your insurance premiums to go up?  There are other alternatives and if you meet certain criteria, you may even be able to modify your loan and stay in your home.  If you’re facing financial hardship, don’t put your head in the sand and think it’ll go away.  Call me and we can discuss confidentially your alternatives and what route may be best for you.

Interest rates continue to be at record lows so if you’ve considered buying, it’s the perfect time to do so.  I don’t think you’ll see opportunities like this for a very long time.

We’re here to help with all your real estate needs.  Have a great week and we look forward to hearing from you.

Have a great week!

The Cameron Team

Melanie Cameron, Broker 910.233.2840

Susan Harkins, Buyer Specialist, 910.431.2362

Michelle Roberts, Buyer Specialist, 910-431-5686

Alexa Winstead, Marketing/Closing Coordinator 910.202.2547

Diligently working to exceed real estate expectations in Wilmington, NC and surrounding areas including Ogden, Porters Neck, Wrightsville Beach, Carolina Beach, Castle Hayne, Leland, Burgaw, Rocky Point, and Hampstead.
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