Terrific Opportunity In Brandywine Bay! Only $159,000 After Rehab...

Fix It Anyway

"If it isn't broke, don't fix it" is certainly popular advice, but if you've ever had a serious plumbing leak, you certainly wished you had taken care of the problem earlier.

Washing machines, like all appliances, are supposed to work and when they don't, it's time to have them fixed or replaced. However, there is a critical connection from your water supply that may even be older than your washing machine itself.

Ask someone whose hose broke while they were asleep or out of town and you'll hear stories of how quickly the water can damage walls, flooring and furniture. Almost anyone can replace the hoses with a pair of pliers for under $30.00 to avoid this potential catastrophe.

As you're shopping for the replacement hoses, consider the braided stainless steel connectors. The advantage is that the stainless steel offers additional protection should a soft spot develop in the hose beneath. They'll cost a little more but offer considerably more protection for a nominal price.

MLS 84481

MLS 84481

The IDEAL Investment

Rental homes can be the IDEAL investment in today's market because they offer a much higher rate of return than alternatives without the volatility of ups and downs in the stock market.

IDEAL serves as an acronym to identify the advantages of rental properties:

• Income from the monthly rent contributes to paying the expenses and a return on the investment
• Depreciation is a non-cash deduction that contributes a tax shelter
• Equity grows monthly as the mortgage amortizes due to some of each payment being applied to the principal
• Appreciation is achieved as the value of the property goes up
• Leverage can increase the return on investment by using borrowed funds to control a larger asset

The combination of these characteristics working together makes rental real estate a very good investment for today's economy and years to come. Increased rents, high rental demand, good values and low non-owner-occupied mortgage rates contribute to positive cash flows and very favorable rates of return.

Contact me for more information about actual opportunities in our local market.

Happy Valentine's Day to everyone out there!  My own forever Valentine gave me such a lovely card this morning...  made my day, yet again.  I had model home duty this afternoon at our newest subdivision, Breighmere, just across the River in Pamlico County... no city taxes.  Caviness and Cates are just incredibly talented builders - the homes are beautifully designed, built and presented.  The model home, of course, has all the upgrades anyone could want, but, surprise...so do all the other homes!  The bottom line is that the design and standard finishing of the home are great... love at first sight, believe me.  The prices are great as well - starting at $159,900 with granite countertops, stainless appliances and more.  Let me know if you'd like more information or a viewing: Nan@CallNan.com

Wow!  What a great game... there will be dancing in the streets tonight in the City!

Happy Super Bowl Evening...

Just getting ready to settle down and watch "Baby" Manning (as I have just learned earlier today is his nickname in Indianapolis) and the Giants get busy and win those Super Bowl rings.  Can't help it... I am and always will be a New Yorker so I have no choice!

February 2, 2012

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  7 Smart Strategies for Kitchen Remodeling

  Kitchen remodeling can turn a ho-hum room into your home’s pride and joy. Here are strategies to help your project run smoothly. Read

Visit houselogic.com for more articles like this.

Copyright 2012 NATIONAL ASSOCIATION OF REALTORS®

Eastern North Carolina Real Estate

2/1/2012...  What a beautiful morning here in Eastern North Carolina!  Sun is shining, the temperature is registering 60 this morning and my daffodils are getting ready for an early Spring appearance.  I don't think any local groundhogs (if we even have any!) will be seeing shadows tomorrow, but I know the area well, and winter will not leave without a struggle!

It's a perfect day to check out local Real Estate for sale to see how the market is doing, and Real Estate sales are beginning to look up although, for Buyers, prices are still down.

Nan's Neighborhoods presently number 21 areas where I am providing information on Eastern North Carolina Real Estate For Sale and you are welcome to check them out here:



I would love to hear your comments and please feel free to email, call or post with any questions...