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Office Location BUDDY BLAKE
Coldwell Banker Sea Coast
1001 Military Cutoff #101
Wilmington, NC 28405
910.395.1000 office
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All Blog Entries by Buddy Blake

There are currently 284 blog entries published by Buddy Blake.

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HAMP and HAFA - Short Sales on Steroids

Tuesday, March 9th, 2010 at 3:37pm. 10 Views, 0 Comments.


HAMP and HAFA

Approximately 1 out 6 WA homeowners are upside down on their mortgages. That is, their current mortgage is greater than what their home is worth.

That is an uncomfortable situation. However, it is not devastating unless: (a) the homeowners lose their job and can no longer afford to make their monthly mortgage payment, or (b) they have to sell their home because of a job relocation.

The Federal government has initiated programs meant to assist homeowners in this situation. Both are summarized below.

HAMP – Home Affordable Modification Program (HAMP)

Lenders can redefine mortgage terms to help homeowners with conventional mortgage loans and avoid foreclosure. First, not all lenders participate in HAMP as it is voluntary. Second, there are…


Monday Morning Coffee | March 8, 2010

Sunday, March 7th, 2010 at 8:21pm. 245 Views, 0 Comments.

INSPIRATION FOR TODAY:

"The path you're on looks different when you turn around." 
- Cynthia Copeland Lewis


LOOK BACK TO THE FUTURE!

 

Life has been described as a path, a direction in which we travel over time - rather than a single event. Each of us gets to choose the direction our path will take us. By making those choices, we also clear the way to achieving the objectives we've set for ourselves.

When we fail to choose the path we will travel, that is also a choice. In that case, the path we travel becomes less distinct with more twists and turns than we would have liked. Each side path we encounter tempts us to change direction. Lacking any roadmap of objectives we might have chosen, we often end up somewhere - else.

Regardless of the quality of our choices,…


New Claims for Jobless Benefits FELL AGAIN!!!

Friday, March 5th, 2010 at 2:50pm. 18 Views, 0 Comments.


CHRISTOPHER S. RUGABER
Published: Yesterday

 


In this photo taken on Wednesday, March 3, 2010, "Sister Shae Shae" who is disabled and currently unemployed, volunteers helping sort donated food products at the Second Chance Resource Center, a job training and community resource center at the St. Luke Restoration Christian Center in South Central Los Angeles.New claims for jobless benefits fell last week in a sign that layoffs may be easing as the economy slowly recovers.(AP Photo/Damian Dovarganes)

WASHINGTON (AP) - New claims for jobless benefits fell last week in a sign that layoffs may be easing as the economy slowly recovers.

The Labor Department said Thursday that initial claims for unemployment insurance fell by 29,000 to a seasonally adjusted 469,000.…


Wilmington Real Estate | 3 bedroom home in Mercer Place West

Thursday, March 4th, 2010 at 1:42pm. 16 Views, 0 Comments.

New on the market!
    
309 Mercer Ave, Wilmington, NC

Charming 1950's bungalow located in Mercer Place West. This home has been completely remodeled and is move-in ready with many upgrades such as hardwood and ceramic flooring, new light fixtures & more. The kitchen and bathroom renovations include new plumbing, electric, ceramic flooring, fresh paint, new cabinets, new countertops, new appliances that convey, new sinks and tub. The sellers have just put in a brand new HVAC system too. Outside you will find mature landscaping, lots of curb appeal, a large fenced in backyard, and carport off the side. Other details include a laundry room with extra storage space, home warranty & more! This move-in ready home is a must see!

 $135,000

 

MLS# 444760

Click Here for…


Wilmington Real Estate | 3 bedroom home in Ivywood

Thursday, March 4th, 2010 at 1:23pm. 16 Views, 0 Comments.

New on the market!
     
3218 Woolwitch Ct, Castle Hayne, NC
This quaint 3b/2bth 1437 sq ft home is located in the popular neighborhood of Ivywood in Castle Hayne. Situated on a .24 acre lot, this lovely home features a large living area with vaulted ceilings that is open to the combination dining area and 17X12 family room. Enjoy the Carolina weather outside in your large fenced in back yard that has a storage shed. The interior has been freshly painted and is ready for someone to call home. This lovely home is located on a cul-de-sac street which is conveniently close to all shopping and dining and only minutes to central and downtown Wilmington. Come on in!$140,000

MLS# 444964

Click Here for more photos, additional information, & room dimensions.Call…


Wilmington Real Estate | 3 bedroom home in Meadowbrook

Thursday, March 4th, 2010 at 10:33am. 14 Views, 0 Comments.

New on the market!
     
2210 Loblolly Ct, Wilmington, NC

The great opportunity has 3 bedrooms, 2 bathrooms, a split floor plan with a large open living room with vaulted ceilings, breakfast nook/dining area, private side patio and a fenced in back yard. There is laminate wood flooring through the living room which features a wood fire place. The galley style kitchen features a smooth top range, dishwasher and picture window looking out to the living room. The home is located on a quiet cul-de-sac street conveniently located in the Meadowbrook subdivision. The home should qualify for the 100% USDA financing program and will be perfect for a first time home buyer to take advantage of the $8,000 tax credit. The seller is offering a 1 year home warranty for…


Wilmgton Real Estate | 3 bedroom home in Shearin Hills

Thursday, March 4th, 2010 at 10:10am. 13 Views, 0 Comments.

New on the market!
     
109 Mishoe Rd, Castle Hayne, NC
This loved & well cared for home is move in ready & shows fantastic. The home has 3 bedrooms, 2 bathrooms, a large open living room with vaulted ceilings, breakfast nook/dining area and bar top counter from the kitchen opening to the living room. The proud owners have updated the home to include laminate wood flooring through out the common living area, breakfast nook, entry way, hall way and kitchen, ceiling fans in the master bedroom and living room and a security system. The home should qualify for the 100% USDA financing program and will be perfect for a first time home buyer to take advantage of the $8,000 tax credit. Don't forget there are no HOA dues. The seller is offering a 1 year home warranty…


Wilmington Real Estate | 2 bedroom condo in Holly Tree

Thursday, March 4th, 2010 at 9:46am. 12 Views, 0 Comments.

New on the market!
     
4307 Holly Tree Rd, Wilmington, NC
This great 2 BR, 2 BA upstairs condo in Holly Tree is move-in ready! The kitchen boasts plenty of cabinet space, smooth top range, refrigerator, & a pantry while the spacious living area has a sliding glass door that leads to the relaxing screened porch. Other details include a walk-in closet in the master suite and laundry area complete with washer & dryer. Best of all, the the community pool is just steps away! Conveniently located close to shopping, restaurants UNCW & much more!

$91,000

MLS# 444699

Click Here for more photos, additional information, & room dimensions.Call 910-395-1000 to schedule an appointment! 


Wilmington Real Estate | 3 bedroom home in Tidalholm at Tidewater Plantation

Wednesday, March 3rd, 2010 at 3:13pm. 17 Views, 0 Comments.

New on the market!
     
6923 Lipscomb Dr, Wilmington, NC

Welcome home to this charming 3 BR, 2 BA in the popular Tidalholm at Tidewater Plantation community. Features of this fabulous freshly painted home include decorative columns, new light fixtures, vaulted ceilings & a wood burning fireplace. The kitchen boasts lots of cabinet space with pullout drawers & a bright breakfast nook while the master retreat showcases a vaulted ceiling & bath with dual vanities, garden tub & separate shower. Relaxing is made easy on the spacious deck with a flagstone patio area overlooking the fenced backyard. Other details of this immaculate home include a formal dining room, 2 year old HVAC unit, 2 inch blinds, pull down attic with storage space, gutters & front/back…


Wilmington Real Estate | 3 bedroom townhome in Ashton

Wednesday, March 3rd, 2010 at 2:46pm. 13 Views, 0 Comments.

New on the market!
     
233 Racine Dr. #16, Wilmington, NC
Come inside this spacious & cozy 3b/2.5bth end unit, with 1 car garage, in the very popular Ashton town homes. Centrally located, this 1795 sq ft home has many features to offer. This unit includes ceramic tile in the foyer, kitchen & bathrooms, wood floors downstairs in the living room, & master bedroom, new appliances, freshly painted, solid wood double hung windows, a fireplace & a fenced in backyard. Enjoy relaxing in the large living room which boasts cathedral ceilings with sky lights & sliding doors with transom windows which allows all of the natural light inside. Upstairs offers 2 large bedrooms, a bathroom and a bonus area that can be used as a sitting room or home office. Plenty of storage…


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