Monday Coffee March 12 2024
Waypost Realty Blog
by Buddy Blake
1M ago
Firstly, if you haven't heard already, Wilmington and the surrounding Cape Fear area were recently voted as one of the top cities in the entire country! It's a testament to the charm and appeal of our region, and I've included a link to the article below for your perusal. TOP WATCHED VIDEOS & DOWNLOADED REPORTS I Want To Sell, But Where Will I Go? Due Diligence vs Earnest Money Navigating the Real Estate Tax Exemption: A Guide for Homeowners Maximize Your Real Estate Profits with a 1031 Exchange New Construction vs. Resale Homes: Understanding Negotiation Dynamics Links Mentioned In Vide ..read more
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Unlocking Massive Tax Savings on Your Home Sale
Waypost Realty Blog
by Buddy Blake
2M ago
Navigating the Real Estate Tax Exemption: A Guide for Homeowners Navigating the real estate market and understanding tax exemptions can be challenging for homeowners. However, there's a significant tax benefit that many may not be aware of, which can profoundly impact your financial planning and decision-making process when it comes to selling your home. Let's dive into the specifics of this exemption and how it can benefit you. Understanding the Primary Residence Exemption If you've lived in your house as your primary residence for two out of the last five years, you might be eligible for a ..read more
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Maximize Your Real Estate Profits with a 1031 Exchange
Waypost Realty Blog
by Buddy Blake
2M ago
Maximizing your returns on real estate investments is a goal many investors share, but navigating the tax implications of selling property can be daunting. One powerful strategy to consider is the 1031 Exchange, a tool that, when used correctly, can significantly enhance your investment portfolio's profitability while deferring taxes. Let's dive into how you can leverage this strategy to your advantage. Remember, I'm not a tax professional, but this video is designed to make you aware of options and encourage discussions with your accountant, tax advisor, and attorney who understands 1031 Exch ..read more
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Buying New Construction vs used homes
Waypost Realty Blog
by Buddy Blake
2M ago
New Construction: Seller Dynamics: In the case of new construction homes, the seller is typically a builder or developer with broader concerns beyond individual property sales. Focus on Value: Builders are keen on establishing a value baseline and setting appraisal anchors to ensure consistent or increasing purchase prices for future properties. Limited Price Flexibility: While builders may negotiate on terms such as closing costs, fences, appliances, or upgrades, they are often less flexible on the purchase price reported in the Multiple Listing Service (MLS). Resale Homes: Seller Priorities ..read more
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Due Diligence and Earnest Money
Waypost Realty Blog
by Buddy Blake
2M ago
Due Diligence Period: In North Carolina, due diligence refers to a specified period during which the buyer has the opportunity to thoroughly inspect the property and decide whether to proceed with the purchase. This period is negotiated at the beginning of the contract and typically ranges from a few weeks to a month. During the due diligence period, the buyer can conduct various inspections, such as home inspections, pest inspections, and appraisals, to ensure the property meets their expectations. Importantly, until the last day of the due diligence period, the buyer retains the right to wal ..read more
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I Want To Sell But Where Will I Go?
Waypost Realty Blog
by Buddy Blake
3M ago
By far, this is the number 1 question I am answering today from homeowners, buyers, and even agents.   Just like anything else in life, every problem reveals an opportunity. If you find yourself in this mindset, please do not hesitate to reach out and ask questions.  We are here to serve you, whether you are selling now, in the future, or ever.  It's our job and we take it very seriously.  ..read more
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Buddy Blake's Bridge Pricing Strategy
Waypost Realty Blog
by Buddy Blake
3M ago
..read more
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Christmas Eve Trivia Contest Winner Drawing
Waypost Realty Blog
by Buddy Blake
4M ago
Congratulations to Diana Morgan of Leland, NC, on winning our $100 Christmas Eve Live Drawing.   ..read more
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Christmas Eve 2023 Trivia
Waypost Realty Blog
by Buddy Blake
4M ago
Let's Have Some Fun! On Christmas Eve, my family and I will select one winner from all the correct answers. JOIN US ON FACEBOOK LIVE at 8 PM (Eastern ..read more
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Monday Morning Coffee with Buddy
Waypost Realty Blog
by Buddy Blake
4M ago
CLICK HERE TO PLAY TRIVIA ..read more
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