Jacksonville, NC Real Estate News

Find a Great Deal on a Home in Jacksonville, NC

August 18th, 2015 4:06 PM by Heidi Turner - Careers

How do you find a great deal on a home in Jacksonville, NC?

Having been in the real estate business since I was 20 years old, I have seen many, many home buyers come across my path who are all looking for one thing in common: finding a great deal on a home. So what exactly makes a purchase a "great deal"? 



To some, finding a great deal on a home in Jacksonville, NC is nothing more than getting a home priced below fair market value. There has been a high number of foreclosures sold over the past few years in Onslow County, so finding homes for sale below what you might expect to pay has not been difficult. There is a lot to consider, however when you are choosing a home to buy at such a low price. 

  1. What do you intend to use the property for?
If the home you buy will be your primary residence, keep in mind that as a new homeowner, you will be responsible for repairs that come up after you purchase the property. Buying a home under market value may mean that you are getting into something that will require a lot of future work and home improvements. 

If you are an investor looking to "flip" a property, weighing your cost of a renovation against what you could resale the home once it's been rehabbed is something you will want to consider. 

2. How quickly do you need to move in?

Because we live in a market heavily populated with military service members, many people moving to Jacksonville, NC have a very tight timeline, and some need to move in right away. If this is you, purchasing a home that is priced way below market value may not be the right option for you, unless the home has already been repaired and/or remodeled. 

3. Do you plan to get a home inspection?  



The answer to this question, no matter what type of home you are buying, should undoubtedly be YES! Your Realtor® can help direct you to qualified local home inspectors, and you should call at least a few to compare their services. Just because a home looks pretty after a remodel doesn't always mean that it's a "good buy". Do your homework, and protect your assets. 

The best way to find a great deal on a home in Jacksonville, NC is to hire a Realtor® to help you find one.     

           

While nearly every home buyer has access to the internet these days and can search for homes online via many property search websites, only licensed Realtors® have access to the Multiple Listing Service® which contains not only the property description and specs on the home, but also documentation like restrictive covenants, surveys, permits, and disclosures signed by the current homeowner. An experienced and savvy Realtor® knows his or her local market like the back of their hand and can provide market statistics for your benefit, helping you make the best decision on what you will invest in. 

Here's a video of a perfect example of getting a great deal on a home in Jacksonville, NC! A very fortunate home buyer contracted and closed on 102 Carolina Circle in June of 2015. Check out the amazing renovations done by this homeowner!

Alyson Price is one of our awesome Realtors® on our team here at Choice Jacksonville Realty. 

 



To learn more about working with Realtors®, click the image below to get a free copy of the Working with Real Estate Agents Brochure, published by the NC Real Estate Commission.