Stephen Long

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.

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.

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.

Learn About Colfax Homes for Sale Right Here!

When buying a home or making a move it is important for you to know the inner workings of Colfax. When making the decision to move, you want to work with a Colfax real estate professional with extensive local knowledge. The Carolina Crew can help you and your family prepare for a new life in Colfax. After all who would be better to answer your questions like, "Where is the best pizza place that delivers?" and "How far away is it to the airport?" We are here to help you discover what matters to you. For example you may want to know what about the Colfax homes for sale and the repsective quality of the local school system. Furthermore, we can educate you about access to entertainment, and other info about Colfax. Take advantage of our Colfax homes for sale expertise, get answers to your questions, and relax. We are here for all your needs as you consider an upcoming move to Colfax!

To find out more about Colfax homes for sale, or to get in touch with The Carolina Crew.

Colfax Neighborhood Info

In addition to Colfax homes for sale and information, with us you will have access to Colfax School Reports, Colfax demographics, and of course the best real estate insights available. Feel free to browse Colfax homes for sale (or even the Colfax foreclosures for sale)and get in touch with any questions you may have.

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!