Taxes and the Aftermath!

by seacoast_ashley 16. April 2015 03:54

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On April 15th whether you were happy, neutral, or upset by your 2014 tax filing one thing was for sure; you were impacted. Every year millions of dollars are given or received. Millions of people feel the responsibility of living in the greatest nation in the world.


Homeowners experience a greater impact. As homeowners we have extra taxes, extra credits, extra ways in which we are tied to our government. Oftentimes we blindly pay or receive, because at the end of the day it is what it is. For many the money we pay is deducted from paychecks or rolled into monthly mortgage payments. It is money that we never see in the physical sense. It is money that we never feel in our hands, and never fork over to the pizza delivery person, so we don’t think about it.


Tax day forces us to think about that money, even if only to sign our tax filings. For my family April is often a time that we reevaluate our spending habits of past year and vow that this year we will be wiser, more learned, and thus more active in our own government and the choices that it makes.


This year I followed through on my education. One of the first things that I did, after guidance of an extremely knowledgeable realtor, was to check out the website http://www.nchomeownersalliance.org/. North Carolina Homeowners Alliance is an organization with a super simple website that allows me to read up on what is happening in the General Assembly with regards to homeowner’s rights. The best part is that I am able, with a couple of clicks, to add my name to petitions that end up straight in the hands of the people that I have voted to speak for me and my family.


I got fired up by reading some of the posts and have vowed to remain an active part of the decisions that are made on my behalf. This is not a post aimed at politics in the Republican / Democrat sense. It is a post emphasizing that knowledge is power.


What websites, organizations, actions help you to feel more connected with your government and finances? Share with us

 

https://www.facebook.com/seacoastrealty

Seller Tip: Don’t Forget These Items for the Day of Closing

by seacoast_ashley 23. February 2014 05:20

In North Carolina, home sellers aren’t required to be present at the attorney’s office on the day of closing. Most of their paperwork is done ahead of time. However, on the day of closing or the day before, they need to sign-off on the HUD form, which shows all the details of how the funds are being paid. They can stop by the attorney’s office once the form is prepared or sign the required documents remotely (depending on transaction requirements). Even Keys for Home Closingthough they aren’t required to be at closing, sellers still need to prepare some items for the buyers to receive the day of closing.

If you’re selling your North Carolina home, it’s important to make note to put the following items aside before you move out of the property.

  1. House Keys. Make sure you collect all of your extra house keys, including those for the front door, back door, garage door, and any interior doors that may have locks.
  2. Garage Door Openers. Don’t drive off without leaving the garage door opener that’s in your vehicle in the home. These can be difficult to replace, especially on older devices.
  3. Mail Box Key. If you live in a condo complex, you have a key for accessing the mail box assigned to your unit. These can be very expensive to replace - $60 to $80. If you don’t provide a key, you’ll likely be asked to pay for a new one.
  4. Pool Card. Communities with swimming pools often give residents access cards to prevent unauthorized individuals from entering the club house and pool. If you have one, make sure the new owners get it.

Prior to closing, you need to make arrangements with your Sea Coast agent on where to leave these items. You don't want to be scrambling to find them the day of closing. The keys need to be given to the buyers after the purchase papers are signed. Items such as garage door openers and pool cards can be left in the home, but the agents need to be made aware of this so there’s no confusion or hold-up on the day of closing.

Have questions about the day of closing? Ask your Sea Coast Agent. Don’t have an agent? Find one today!

Meghan Riley

February 2014 Coast In & Win Open House Weekend

by seacoast_ashley 13. February 2014 03:38

Open House Weekend Real Estate Coast In & Win

Have you heard about our “Coast In & Win Open House Weekend”? Here’s how it works:

Enter To Win $500 Cash

Attend any of our open houses during our “Coast In & Win Open House Weekend” (every THIRD weekend of each month) to be entered to win a drawing each month.  One lucky winner will take home $500! This is open to ALL of our open houses, from Southport to Jacksonville and everywhere in between. 

money

Our open houses range from oceanfront homes in Carolina Beach and Oak Island, to sprawling ranches in Hampstead and Jacksonville. Here at Coldwell Banker Sea Coast Advantage, we’ve got a home for everyone!

Some of our previous "Coast In & Win Open House Weekend" winners include Cindy & Monte Wagner, Tommy & Marty Younts, Anthony Craig, Rick Pearce and Lisa Brown.

YOU could be next! Come find your dream home with Coldwell Banker Sea Coast Advantage!

(Oh, and don't forget to follow us on TwitterFacebook and Google+ to stay updated in real time!)

Official Rules for Coast In & Win Promotion

1. NO PURCHASE NECESSARY. A PURCHASE DOES NOT INCREASE YOUR CHANCE OF WINNING. VOID WHERE PROHIBITED.

2. Drawing will be held and the winner announced on the following Thursday after each Promotion (the “Promotion”) at the offices of Coldwell Banker Sea Coast Advantage – 1001 Military Cutoff Ste 101 Wilmington, NC 28405 – at or about 2:30 EST.

3. Drawing is open to all individuals who are residents of the U.S., are 18 years of age or older and who are registered in the Promotion. Employees and Agents of Coldwell Banker Sea Coast Advantage and their respective affiliates, subsidiaries, advertising and promotions agencies involved in the promotion and their immediate family members and persons residing in the same household are not eligible.

4. You must be registered in the Promotion no later than 5:00 P.M. on the date of the Promotion to be eligible. For the purpose of registration and winning, each individual date of the Promotion shall be deemed a separate event so that registration for a prior promotion will not automatically register for the current or future promotions.

5. Only one entry per family per promotional property per promotional date. Registrants must provide either a daytime telephone number or email address to qualify for the prize drawing. Sponsor assumes no responsibility for lost, late, misdirected or incorrect entries, for malfunction of electronic equipment, computer hardware or software, problems related to transfer of registration information or other technical problems. All entries become the property of Sponsor and will not be returned.

6. Winner will be selected in a random drawing from all eligible entries actually received. The drawing will be conducted by Sponsor or its designee, under the supervision of Sponsor, the judge of the Promotion, whose decisions are final and binding in all respects. The winner will be announced at or about 2:30 p.m. EST. Winner will be notified by either telephone number or email address (or both) provided on form by winner. Initial notification will be deemed to have occurred at the time of any one or more of the following: a) 12 hours have passed after initial email transmission and Sponsor has received no delivery failure notifications from Winner’s email provider; b) time of voice message on any recording device used by Winner at phone number provided. Winner has seven (7) calendar days from initial notification attempt by Sponsor to accept prize. Acknowledgement of notification by Winner is deemed to have occurred when Winner notifies the Sponsor’s contest administrator at 910.799.3435

7. Winner will be required to appear in person at Sponsor’s corporate office (1001 Military Cutoff Ste 101 Wilmington, NC 28405) to accept prize and to sign an affidavit of eligibility and Liability/Publicity Release (except where prohibited) within ten (10) calendar days of prize notification but before receipt of prize or risk forfeiture of the prize. Winner agrees to be available for photography purposes at time of prize acceptance. Winner is responsible for all travel expenses incurred in appearing to accept prize. If winner is 18 or older, as required, but a minor in his or state of residence, winner’s parent or legal guardian must sign all required documents.

8. Prize: each Promotion event will award a prize of Five Hundred Dollars and no cents ($500.00). Odds of winning depend upon number of eligible entries received. Taxes, fees and all other expenses are the sole responsibility of the winner. Prize is not transferable. No prize substitution, except at Sponsor’s sole discretion. If prize become unavailable, Sponsor reserves the right, in its sole discretion, to award a prize of equal or greater value. Winner will be issued a 1099 tax form the value of the prize.

9. By accepting a prize, winner agrees: (i) to be bound by these Official Rules; (ii) that the decisions of the judges are final and binding; (iii) to use winner’s entry, name, likeness, photograph and any statements regarding the Promotion’s giveaways and prizes attributed to the winner for editorial, public relations, promotional and advertising purposes on behalf of Sponsor in all media worldwide, except if winner is a resident of Tennessee or otherwise prohibited by law and (iv) to release Sponsor, their parents, affiliates, subsidiaries, the service agencies and independent contractors of any of the above organizations and their respective directors, officers, employees and agents, including advertising and promotional agencies, from any and all liability, loss or damage arising out of their participation in the Promotion and with respect to the awarding, receipt, possession, use and/or misuse of any prize. Sponsor reserves the right to modify, suspend or terminate the Promotion, in its sole discretion, for any reason whatsoever including but not limited to, in the event it becomes infected by a computer virus or is otherwise technically impaired or in the event of any fraud by a participant or any other party. Subject to all federal, state and local laws and regulations. This Promotion is governed by the laws of the State of North Carolina, with venue in New Hanover County, North Carolina, and all claims must be resolved in the state and federal courts of Wilmington, North Carolina.

10. For winner’s name, send a self-addressed, stamped envelope for receipt not later than 10 calendar days after the award of any individual Promotion to:

Coldwell Banker Sea Coast Advantage
1001 Military Cutoff Ste 101
Wilmington, NC 28405
Attn: David Benford

11. Sponsored by Coldwell Banker Sea Coast Advantage, 1001 Military Cutoff Ste 101 Wilmington, NC 28405

12. These Official Rules are available at www.SeaCoastRealty.com

Meghan Riley

How the Coastal Insurance Hike Could Affect You

by seacoast_ashley 21. January 2014 06:00

Don BullardDon Bullard of Don Bullard Insurancespoke at the Coldwell Banker Sea Coast Advantage Wilmington office meeting today about the coastal counties insurance rate hike. If you own a home in one of the 18 coastal counties of North Carolina or are planning to buy, it’s important you educate yourself on this hike. Insurance companies want to raise the homeowner insurance rates by as much as 35% in many areas, because they’re afraid of losing their profits if North Carolina is hit by a large storm like Hurricane Sandy.

In his presentation, Don emphasized that no one should be panicking about the potential rate hike quite yet. Here is why:

  1. Rarely do the insurance companies get the full amount they’re asking for. They often ask for 3x the amount they really need.
  2. The approved amount is the cap, the amount insurance companies can go up to. Not all companies will adopt the hike and some of the providers Don Bullard Insurance works with didn’t adopt last year’s hike either.
  3. If the hike becomes a judicial issue and the courts decide that the insurance companies are asking too much, the amount homeowners are charged, including interest, will be refunded.

However, it’s important to note that, in the past, public feedback has had a big effect on the percentage approved. So, now is the time to voice your opinion on the matter. Here is how local zip codes could be affected:

Area Code Zip Codes Rate Increase
52A Eastern Coastal areas of Brunswick, Carteret, New Hanover, Onslow and Pender Counties   Zip codes: 28403, 28404, 28405, 28406, 28407, 28408, 28409, 28410, 28411, 28412, 28422, 28428, 28443, 28445, 28459, 28460, 28461, 28462, 28467, 28468, 28469, 28470, 28480, 28511, 28516, 28520, 28524, 28528, 28531, 28532, 28533, 28539, 28553, 28557, 28570, 28577, 28579, 28581, 28584, 28589   35%
52B Western Coastal areas of Brunswick, Carteret, New Hanover, Onslow and Pender Counties   Zip codes: 28401, 28402, 28420, 28421, 28425, 28429, 28435, 28436, 28447, 28448, 28451, 28452, 28454, 28456, 28457, 28466, 28478, 28479, 28518, 28521, 28540, 28541, 28542, 28543, 28544, 28545, 28546, 28547, 28555, 28574, 28582   -2.7%

Other counties can be found here.

If you’re worrying about being affected by the rate hike, Don said the best thing to do (right after you voice your opinion) is shop around. Take advantage of those companies that do not plan on adopting a rate hike. There are insurance providers that feel they already receive enough from their customers.

If you do shop around, please consider contacting our in-house insurance agent, Holly Angermeier, at (910) 332-1080 for a quote. Meghan Riley

January 2014 Coast In & Win Weekend!

by seacoast_ashley 15. January 2014 05:40

Open House Weekend Real Estate Coast In & Win

Have you heard about our “Coast In & Win Open House Weekend”? Here’s how it works:

Enter To Win $1000 Cash

Attend any of our open houses during our “Coast In & Win Open House Weekend” (every THIRD weekend of each month) to be entered to win a drawing each month.  One lucky winner will take home $1000! This is open to ALL of our open houses, from Southport to Jacksonville and everywhere in between.

money

Our open houses range from oceanfront homes in Carolina Beach and Oak Island, to sprawling ranches in Hampstead and Jacksonville. Here at Coldwell Banker Sea Coast Advantage, we’ve got a home for everyone!

Some of our previous “Coast In & Win Open House Weekend” winners include Casey Purcell, Tommy & Marty Younts, Anthony Craig, Rick Pearce and Lisa Brown.

YOU could be next! Come find your dream home with Coldwell Banker Sea Coast Advantage!

(Oh, and don’t forget to follow us on TwitterFacebook and Google+ to stay updated in real time!)

Official Rules for Coast In & Win Promotion

1. NO PURCHASE NECESSARY. A PURCHASE DOES NOT INCREASE YOUR CHANCE OF WINNING. VOID WHERE PROHIBITED.

2. Drawing will be held and the winner announced on the following Thursday after each Promotion (the “Promotion”) at the offices of Coldwell Banker Sea Coast Advantage – 1001 Military Cutoff Ste 101 Wilmington, NC 28405 – at or about 2:30 EST.

3. Drawing is open to all individuals who are residents of the U.S., are 18 years of age or older and who are registered in the Promotion. Employees and Agents of Coldwell Banker Sea Coast Advantage and their respective affiliates, subsidiaries, advertising and promotions agencies involved in the promotion and their immediate family members and persons residing in the same household are not eligible.

4. You must be registered in the Promotion no later than 5:00 P.M. on the date of the Promotion to be eligible. For the purpose of registration and winning, each individual date of the Promotion shall be deemed a separate event so that registration for a prior promotion will not automatically register for the current or future promotions.

5. Only one entry per family per promotional property per promotional date. Registrants must provide either a daytime telephone number or email address to qualify for the prize drawing. Sponsor assumes no responsibility for lost, late, misdirected or incorrect entries, for malfunction of electronic equipment, computer hardware or software, problems related to transfer of registration information or other technical problems. All entries become the property of Sponsor and will not be returned.

6. Winner will be selected in a random drawing from all eligible entries actually received. The drawing will be conducted by Sponsor or its designee, under the supervision of Sponsor, the judge of the Promotion, whose decisions are final and binding in all respects. The winner will be announced at or about 2:30 p.m. EST. Winner will be notified by either telephone number or email address (or both) provided on form by winner. Initial notification will be deemed to have occurred at the time of any one or more of the following: a) 12 hours have passed after initial email transmission and Sponsor has received no delivery failure notifications from Winner’s email provider; b) time of voice message on any recording device used by Winner at phone number provided. Winner has seven (7) calendar days from initial notification attempt by Sponsor to accept prize. Acknowledgement of notification by Winner is deemed to have occurred when Winner notifies the Sponsor’s contest administrator at 910.799.3435

7. Winner will be required to appear in person at Sponsor’s corporate office (1001 Military Cutoff Ste 101 Wilmington, NC 28405) to accept prize and to sign an affidavit of eligibility and Liability/Publicity Release (except where prohibited) within ten (10) calendar days of prize notification but before receipt of prize or risk forfeiture of the prize. Winner agrees to be available for photography purposes at time of prize acceptance. Winner is responsible for all travel expenses incurred in appearing to accept prize. If winner is 18 or older, as required, but a minor in his or state of residence, winner’s parent or legal guardian must sign all required documents.

8. Prize: each Promotion event will award a prize of One Thousand Dollars and no cents ($1000.00). Odds of winning depend upon number of eligible entries received. Taxes, fees and all other expenses are the sole responsibility of the winner. Prize is not transferable. No prize substitution, except at Sponsor’s sole discretion. If prize become unavailable, Sponsor reserves the right, in its sole discretion, to award a prize of equal or greater value. Winner will be issued a 1099 tax form the value of the prize.

9. By accepting a prize, winner agrees: (i) to be bound by these Official Rules; (ii) that the decisions of the judges are final and binding; (iii) to use winner’s entry, name, likeness, photograph and any statements regarding the Promotion’s giveaways and prizes attributed to the winner for editorial, public relations, promotional and advertising purposes on behalf of Sponsor in all media worldwide, except if winner is a resident of Tennessee or otherwise prohibited by law and (iv) to release Sponsor, their parents, affiliates, subsidiaries, the service agencies and independent contractors of any of the above organizations and their respective directors, officers, employees and agents, including advertising and promotional agencies, from any and all liability, loss or damage arising out of their participation in the Promotion and with respect to the awarding, receipt, possession, use and/or misuse of any prize. Sponsor reserves the right to modify, suspend or terminate the Promotion, in its sole discretion, for any reason whatsoever including but not limited to, in the event it becomes infected by a computer virus or is otherwise technically impaired or in the event of any fraud by a participant or any other party. Subject to all federal, state and local laws and regulations. This Promotion is governed by the laws of the State of North Carolina, with venue in New Hanover County, North Carolina, and all claims must be resolved in the state and federal courts of Wilmington, North Carolina.

10. For winner’s name, send a self-addressed, stamped envelope for receipt not later than 10 calendar days after the award of any individual Promotion to:

Coldwell Banker Sea Coast Advantage
1001 Military Cutoff Ste 101
Wilmington, NC 28405
Attn: David Benford

11. Sponsored by Coldwell Banker Sea Coast Advantage, 1001 Military Cutoff Ste 101 Wilmington, NC 28405

12. These Official Rules are available at www.SeaCoastRealty.com

Meghan Riley

New Waterfront Community! River Bluffs – Castle Hayne, NC

by seacoast_ashley 14. January 2014 05:17

View of Cape Fear River at River Bluffs River Bluffs, a new gated waterfront community along the Cape Fear River in Castle Hayne, is preparing for its inaugural property release scheduled to happen in March 2014. Located off Chair Road, the 313 acres being developed for the new community are full of beautiful hardwoods and amazing wildlife. 100 acres will be reserved for green space and nature preserves. Plus, with 3,000 feet of navigable river frontage, every resident will have direct access and plenty of gorgeous river views! 

In total, the community will have 750 single-family home sites with 221 available during phase 1. Homes will have southern architectural details (see example home rendering) and will be priced between $300,000 and $500,000 (lot included), and higher. Lots will range between 1/4 and 1/3 an acre, and will be landscaped with native plants. Most importantly, River Bluffs is a low-impact development utilizing techniques that prevent soil Example River Bluffs Homecontamination, poor water drainage, and excessive destruction of the surrounding ecosystem.

Recently, River Bluffs was approved for a 143 boat slip marina, of which 15 slips and a t-dock will be available during phase 1. The initial phase will also include a river club, riverside park, pool, general store, post office, boat ramp, and kayak launch. Later phases will include more parks, nature trails, a fitness center, and an organic farm that residents will be able to use.

For more information about River Bluffs, ask your Sea Coast real estate agent. Don’t have an agent? Contact River Bluff’s onsite agent, Meredith Jackson.

 

Meghan Riley

States Where Americans Moved in 2013

by seacoast_ashley 10. January 2014 04:01

 

Where People Are Moving 2014On January 2nd, United Van Lines released its 37th Annual Migration Study, which tracks where their customers moved over the course of 1 year. The study revealed Oregon as the new number 1 state for inbound moves knocking Washington D.C. out of first place. After a 5 year reign, the capital fell to 4th place and tied with South Dakota.

Great news for North Carolina – our state came in at 3rd place for inbound moves. Home sellers should take note: for months, homes sold have outpaced homes listed and this is one reason why! If you’ve been thinking of selling, contact a Sea Coast agent to learn about your options.

As for the other side of the study, after over a decade of being on the outbound list, Michigan is no longer seeing a large movement of people leaving the state. It’s nowhere on the outbound list. 2013 saw New Jersey with the highest number of outbound moves. The Northeast, in general, saw the most outbound moves in the United States.

Graphic Courtesy of United Van Lines.

3 Reasons to Visit Wrightsville Beach, North Carolina

by seacoast_ashley 24. September 2013 02:40

Beautiful Wrightsville Beach is located just east of Wilmington, North Carolina, in New Hanover County. Thousands flock here each summer for it’s gorgeous beaches and laid back lifestyle, and many end up relocating here because they’ve fallen in love with the area. Here are three more reasons to visit Wrightsville Beach:

 1. Watersports: 

  • Parasailing - spend 15 minutes above the ocean on a parasail! Open Friday, Saturdays & Sundays, as well as the week of July 4th.
  • Kayaking – see Wrightsville Beach by kayak and enjoy the wonders of all it’s wildlife.
  • Surf School – learn how to surf at this family owned surf school! Great fun for the whole family.

2. Restaurants:

  • South Beach Grill - enjoy delicious cuisine at this popular, locally owned, restaurant. From fresh seafood to pork and chicken, there’s something for everyone here.
  • Causeway Cafe – if you’re looking for breakfast, look no further than his ‘hot spot’, but don’t forget to bring your cash because it’s CASH ONLY
  • Oceanic Oceanfront Dining – Wrightsville Beach’s ONLY truly oceanfront restaurant offers fantastic seafood selections with a a priceless view.

3. Shopping: 

  • Sweetwater Surf Shop - Locally owned and nationally recognized surf shop for all your surfing and beachwear needs. Purchase surfboards, wetsuits & much more.
  • The Fisherman’s Wife - Three stores in one, offering fine china, table accessories, personalized stationery and invitations, creative gifts & more!
  • Robert’s Grocery - Visit Wrightsville Beach’s oldest store! It remains the islands only grocery and is well known for its steaks and homemade salads, particularly Robert’s Famous Chicken Salad – a local tradition.

Be sure to follow us on TwitterFacebook and Google+! We can answer any questions you have about our area or about relocating here. We’d love to help you find a gorgeous Wrightsville Beach home!

Coldwell Banker Sea Coast Advantage Offices Lead South, North America

by seacoast_ashley 27. July 2012 10:27

Coldwell Banker Sea Coast Advantage offices in Wilmington, N.C. office and Jacksonville, N.C. ranked as leading Coldwell Banker affiliate offices for the second quarter of 2012.

The company’s Wilmington, N.C. office ranked as the No. 1 Coldwell Banker affiliate office in North Carolina and the South in Adjusted Gross Commission Income, Total Units, Listing Units, and Selling Units. Out of 1,944 Coldwell Banker affiliate offices in North America, the Wilmington office ranked No. 3 in North America in Adjusted Gross Commission and No. 4 in Total Units.

The Coldwell Banker Sea Coast Advantage office in Jacksonville, N.C. ranked No. 8 in Total Units and No. 9 in Listing Units out of 118 similarly-sized Coldwell Banker affiliate offices in the Southern region.

“Coldwell Banker Sea Coast Advantage exemplifies the standards of excellence for which Coldwell Banker affiliate offices are known,” said Frank Lindsay, Southern regional director for Coldwell Banker Real Estate LLC. “It is an honor to recognize Coldwell Banker Sea Coast Advantage with this exceptional award.”

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