Wende Pritchard HGTV

Outer Banks NC Oceanfront  252.207.1147 

We give our buyers money back at closing.   SEE DETAILS


Home Outer Banks FORECLOSURES Outer Banks SHORT SALES CASH BACK at Closing Outer Banks VACANT LAND
You can still find deals on oceanfront properties on the Outer Banks. Even though bank owned properties (or REO or foreclosures) and short sales aren't as common anymore, there are still sellers who are motivated to sell!  If you are interested in investing in an Oceanfront and you intend on getting a loan, contact your lender and have them send you a pre-approval letter. When you come to the Outer Banks, have your pre-approval letter with you and your checkbook. Chances are, you are going to fall in love with a beach house and the price is going to be right so you want to be ready! Ask your agent questions like what is the cost of flood insurance and is it assumable? Ask to see a copy of the property management's year-end statement for the previous year and for a list of expenses (insurance, property management's commission, maintenance costs) from the seller as well. This way you can get a good feel of the carrying cost of the home. If you are paying cash, be sure to bring proof of funds with you. Any type of financial statement showing available funds will do or a letter from a financial institution stating the money is readily available. On your financial statement, be sure to black out or white out any confidential information.
Don't forget, we give our buyers money at closing to help with closing costs! This saves our buyers thousands of dollars! Click this link for our Money back at closing details!




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