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Kernersville, NC

Is a Kernersville foreclosure all that?

02-06-12
Stephen Long
Stephen  Long: Real Estate Agent in Winston-Salem, NC

If you are thinking of buying a house in Kernersville then you know the hype around a foreclosure is unavoidable. Kernersville foreclosures can be a great deal. However, can they really live up to the hype? Well I have seen and sold a lot of this bank owned homes in Kernersville and I thought I would share my experiences.

The short answer is that a foreclosure is usually discounted since they are almost always priced to sell "as-is where is." As a distressed property you would expect some form of discount. Therefore, Kernersville foreclosures will nearly always come with a reduced price. Does that make them a good investment?

Kernersville foreclosures are only a good investment if the cost to cure combined with the purchase price can keep you at or below market price. This will allow a home buyer or investor to get the home back to good condition and it will be able to fetch a fair market price. Then it can be rented, lived in, or flipped.

The goal of the purchaser is ultimately the determining factor when it comes to qualify a Kernersville foreclosure as a good deal. If you are buying to live in then or rent then you want your total investment (purchase price plus repair costs) to be at fair market value. This will allow you to hold the property and gain long term appreciation while gaining equity as the mortgage is paid down. If you are flipping homes then you have to have total investment cost BELOW market value. In order to flip in this market you must be in top condition and lowest price. Buy low, sell low.

So is a Kernersville foreclosure all that? The answer is that it can be if you have a clearly defined goal when buying and work with an experienced agent who can advise you. Kernersville foreclosures are out there, it is up to you to make them a good deal.

Kernersville foreclosures

Homes in Kernersville with land

01-31-12
Stephen Long
Stephen  Long: Real Estate Agent in Winston-Salem, NC

Homes in Kernersville with land are one of the most sought after property types next to buyers searching for Kernersville foreclosures. There are some wonderful homes with land that are surprisingly affordable. If you are wanting to purchase a home with land then you have options

Homes in Kernersville with land are popular for many reasons. It seems most buyers of this type of property like the extra space some acreage affords. Buyers of homes in Kernersville with land often have horses or other animals that need the space. Others, just want a large buffer for privacy.

It seems more and more buyers that are looking for homes with land in Kernersville are considering a sustainable living situation. Perhaps a greenhouse, energy in-dependency, chickens, or maybe just a large garden.

No matter what your needs, there are homes in Kernersville with land that fit your needs. Both homes in Kernersville with land, AND Kernersvile foreclosures are by far the most sought after properties on the market. Therefore when you combine the two and get foreclosure homes in Kernersville with land, you have one HOT property. Yes, in fact there are even a few of these properties available.

We specialize in helping buyers find great deals on all homes in Kernersville with land and foreclosures. Contact us if you would like information or would like to schedule an appointment.

homes in kernersville with land

Kernersville homes for sale January 2012

01-29-12
Stephen Long
Stephen  Long: Real Estate Agent in Winston-Salem, NC

This weeks Kernersville homes for sale market update is a good one! The housing market in Kernersville is continuing to improve and this post is dedicated to keeping you posted on important stats like:

1) Kernersville foreclosures (14 listed for sale )

2) Kernersville short sales (10 short sales)

3) Homes for sale in Kernersville (360 total for sale)

4) Average sales price in Kernersville (YTD $131,221)

With January of 2012 coming to an end this is a good time to see how this break out year is getting started. The total number of Kernersville homes for sale as of the date of this post is 360. The number of sold Kernersville homes year-to-date is twenty-eight with an average closed price of $142,701. That is slightly down from this time last year when 33 Kernersville homes had already sold with an average closed price of $131,221.

Perhaps the closed sales and average sales price are down slightly, but buyer activity seems to be higher. The Carolina Crew has reported an increase in buyer inquires and listings sold. The real estate market is showing signs or rejuvenation. Kernersville homes for sale should become a hotter market as the spring rolls around.

If you are looking to buy a Kernersville home then you can contact us and rely on our expertise at getting home buyers amazing deals in this unique market. We are experts at beating up the bank and getting a great deal on Kernersville foreclosures as well as other homes in the Forsyth county area.

Kernersville homes for sale

Kernersville Real Estate

01-16-12
Stephen Long
Stephen  Long: Real Estate Agent in Winston-Salem, NC

Whether you are looking to buy or sell Kernersville Real Estate or maybe just find some information on the city of Kernersville or Forsyth County, you can find it all here! Stephen Long and Kristen Bodford are a brother/sister team that runs one of the largest real estate teams in Kernersville with several agents working for you 7 days a week to assist you in buying or selling.

Get Kernersville Real Estate Listings Now! Take advantage of Kernersville's most advanced real estate and area information website! Get Kernersville real estate listings delievered automatically to your email as soon as they hit the market! Likewise, you can search LIVE for real estate on the most advanced Kernersville real estate MAP search around!

Moving to Kernersville? If you are new (or recently new) to the Kernersville area then make sure to request one of our relocation and area information kits! We have some state-of-the-art city/town guides that allow you to learn about Kernersville as well as the surrounding Forsyth County area. We can help you search for jobs, get a hotel, find the best restaurants, sugest things to do, and much, much more.

Curious to know what your Kernersville home or property is worth? If you are thinking about selling, our home value estimator will give you a good range of your home's current value. For the most accurate home value and assesment feel free to take advantage of our no cost in-home consultation available to all Forsyth County residents 7 days a week!

Kernersville Real Estate

Your Kernersville Homes and Real Estate Portal!

01-06-12
Stephen Long
Stephen  Long: Real Estate Agent in Winston-Salem, NC

Kernersville Homes for Sale

Welcome to your very own Kernersville homes and real estate portal! This post is your single stop shop for finding a home in Kernersville and getting local information. On our awesome cutting edge home search site, you can search every available home for sale in Kernersville!

As of today there are many homes, condos, land, and other properties for sale that are available for you to search. The number of homes for sale changes daily, so be sure to keep checking back, to be able to browse the best site for Kernersville homes for sale available.

Kernersville Neighborhood Info

Not only will you find Kernersville homes for sale on our website, you will also find a complete Kernersville School Report, full Kernersville demographics, and real estate information! Please feel free to browse our site and learn more about Kernersville homes for sale, and get in touch with any questions you may have for us.

Learn About Everything Kernersville Right on Our Site!

It is very important for you to know the ins and outs of the town of Kernersville. After all if you are going to be moving here you need to know to ropes. When you are making a decision to move, you want to work with a Kernersville real estate agent who has extensive knowledge of the local area and can help you prepare for life in the town of Kernersville. Who better to answer your area questions like, "Where is the best Chinese food?" and "How far away is the bowling alley or movie theater?" Find out about the things that matter to you, such as the quality of the local school system, access to mass transit, and overall quality of life in Kernersville. Now you can take advantage of our Kernersville expertise, get answers to your questions, and relax while all your needs for your upcoming move to Kernersville are taken care of!