May 24th, 2009
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Foreclosure Tours for Qualified Visitors
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You may also get a current drive-by list of foreclosures.Â
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Foreclosure Tours
Wed & Thurs
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| Â With Broker |
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Pre-qualify by Phone
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| Visit bank owned homes of your choice one on one with an REO specialist. Our brokers have closed many foreclosure sales for buyers. See investment analysis, tax records, ect and have assistance from an experienced broker. Offered on Wed or Thursday. |
Search All OBX Foreclosures. |
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Drive By Foreclosure ListÂ
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| Self-Guided |
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 Email or Hardcopy
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| Receive a complete, up to date list of Outer Banks foreclosures with drive directions and property details. Drive yourself to properties of interest with full property details in hand. Receive by email or hardcopy. We include consumer info from the NC Real Estate Commission. Pick up at our Southern Shores office or at your rental check in. |
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Receive Complete Information
On Your Vacation
Two Options
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|     Join a Broker one on one to see bank owned real estate or we’ll prepare a drive by list so you can self guide. The foreclosure market is hot; explore this opportunity with us.    Speak to several local lenders who can quickly present your financing options over the phone on an Outer Banks purchase. Likewise, get insurance quotes and property tax rates on homes of interest. Call to have a Senior Broker provide full property details by phone or emailed to your laptop while in town on vacation.    Receive a drive by package with property details. Find a property of interest and our brokers are happy to show you inside and consult on an offer. Have a drive-by package ready and waiting at your rental company check in. 252 441 9997 or email me john@thedeanagency.com
See You at the Beach! |
Search the Best Investment Properties. |
Tags: bank, bank owned, foreclosed, foreclosure, Nags Head, OBX foreclosures, outer banks, outer banks foreclosure, Outer Banks foreclosures, owned, tour
Posted in Foreclosure Real Estate | No Comments »
April 28th, 2009
Bank Owned Foreclosure home for sale in Duck! Oceanside and great Oceanviews. Bank owned homes are a great deal for the right buyer. Looking for a second home or simple to own rental in OBX? Check out this 4 bedroom bank foreclosure in Duck.
Tags: bank owned, Duck, duck foreclosures, duck nc, duck nc foreclosures, for sale, foreclosed, foreclosure, foreclosures, nc, obx, outer banks
Posted in Foreclosure Real Estate | No Comments »
April 24th, 2009
There were major differences in Outer Banks buyer preferences and sales stats from 08 to 09. Take a look at these bullet points to see what market shifts we’ve experienced. These are current April 24, 2009.
- Total number of unit sales is down 27% in 2009 so far
- Oceanfront Single Family Sales are down 32% in 2009
- Single Family Sales are only down 13% in 2009
- Condo Sales are down a staggering 55% in 2009
- The Main Beaches, S Nags Head to Corolla (paved road only) produced 58% of Single Family sales under $500k in 2008 but produced 63% of the same in 2009 so far
- In 2009, single family sales under $500,000 rose 2.5%
- Single Family Sales over $500,000 dropped 44% in 2009
Buyers were reflecting a strong preference for single family homes in the core markets in 2009 and the aversion to higher rates on Jumbo Loans (+417,000). Higher downpayment requirements of 2009 (20%) also influenced buyers to choose less expensive homes. More sales were geared to relocation and second home buyers choosing the less expensive and non-rental markets of the west side locations.
Clearly, the market has shifted to less extravegant purchases, in more mainstream locations and away from condos, co-ops and mobile homes. Our high standard of living and high quality of life continued to draw new residents and retirees to the Outer Banks. The investors with shallow pockets have gone, however, those who love the Outer Banks and its lifestyle are still coming.
Tags: Corolla, home sales, house prices, house sales, Nags Head, obx, outer banks real estate, property sales, sales data, sold homes, Statistics, stats
Posted in 2009 OBX Sales Data | No Comments »
April 14th, 2009
Receive complete details by email. Receive notifications of new foreclosures by email. The Dean Agency posts every bank owned home for sale along the Outer Banks of NC. Don’t waste time with paid sites - we have the most current listings and accurate information available in a quick, easy to search format with large photo detail. We are here to answer questions but this is a free, no registration Outer Banks Real Estate website. See why over 200,000 visitors explored www.thedeanagency.com in 2008!
866 340 1166Â Senior Broker on Duty
Tags: bank, bank foreclosure, bank homes, bank owned, Corolla, distressed, Duck, foreclosed, listings, Manteo, Nags Head, obx, Outer Banks foreclosures, outer banks real estate, real estate foreclosure, search
Posted in Foreclosure Real Estate | No Comments »
April 14th, 2009
Your Choice of a Buyer’s Agent for Foreclosure Sales Needs Consideration and Research!
Free! No Registration!
 Click to Search Here - All Foreclosures Corolla, Duck, Nags Head, Kill Devil Hills, Kitty Hawk, Manteo, Avon, Hatteras, Buxton, Frisco, Salvo, Rodanthe, Waves, Moyock, Southern Shores, Carova and Currituck Mainland!
The Outer Banks has over 750 real estate agents. Very few of us have been trained, tested and experienced in foreclosure sales. When searching for Outer Banks foreclosures and bank owned property, you will find dozens of “experts” - BEWARE, however, many are self appointed!
Ask questions; true credentials are hard to fake. Your Outer Banks Foreclosure Broker should be able to easily answer all of these questions satisfactorily if they are truely experienced with bank sales.
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What lenders do you work for?
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How many sales of REO, bank owned and foreclosure property have you personally completed?
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What type of training have you received from lenders and their contractors?
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How much liability, errors and ommissions insurance coverage do you carry to protect your clients?
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How many properties have you priced for lenders and their contractors?
Shopping around for the right agent is a good practice. Take our advice and ask hard questions before committing to a broker. When purchasing bank owned real estate on the Outer Banks you need more than just a friendly face and enthusiasm. Experience, training and a track record of success are REQUIRED!
We stand by our credentials as leading REO brokers along the Outer Banks. Don’t trust your expensive home or land purchase to a beginner! Your success depends on choosing the right broker.
Tags: agent, bank auctions, bank homes, bank sales, broker, current, finding, foreclosed, list, listing, listings, obx, OBX bank owned, OBX foreclosure, Outer Banks foreclosures, reo, Sales, searching
Posted in Choosing a Foreclosure Specialist in The Outer Banks NC | No Comments »
April 14th, 2009
Looking at the sales figures today, it looks like short sales on the Outer Banks account for about 7.5% of closed sales. Bank owned homes accounted for about 22% of home sales this year. Foreclosed land sales made up over 25% of OBX land sales so far this year.
Currently, 145 homes are listed as short sales in the OBX MLS. Bank owned and foreclosure home listings currently total 55. Today, the Outer Banks MLS lists 2,529 residential home listings that are active. New inventory is entering the market at a rate about 1.7 times faster than inventory is either going under contract or being sold.
In the year 2008, all sales of commercial, land and homes totaled 1,317. We currently have 4,046 active listings of commercial, land and homes for sale on the Outer Banks NC. At last year’s absorption rate, with no new inventory, we currently have a 3 year supply of property for sale. The actual absorption rate is negative due to new inventory out pacing absorption by the rate of 1.7 times. In reality, many sellers will likely leave the market to wait out the current challenges.
The Dean Agency currently represents about a dozen lenders and their contractors to help market REO, bank owned and foreclosed real estate along the Outer Banks. These banks require experience and training in the agencies they choose to work with. We have evaluated over 450 properties to help lenders mark to market their OBX distressed properties. Before you hire an agent in our market who claims to be “a foreclosure expert,” ask several important questions.
- Have you ever been formally trained by lenders to price and sell foreclosures?
- How many foreclosure sales have you completed?
- Do you carry Errors and Omissions Insurance to protect clients during a foreclosure sale?
- How many Broker Price Opinions have you completed?
An gungho, but inexperienced broker will cost you time and money in a foreclosure sale. Conventional sales experience is not enough to serve clients well in REO sales!
Tags: bank owned, Colington, Corolla, corolla foreclosure, distressed, Duck, foreclosed homes, kill devil hills, kitty hawk, Manteo, Nags Head, nags head foreclosure, OBX foreclosure, outer banks, outer banks foreclosure, reo, short sale, Southern Shores, The Dean Agency
Posted in Foreclosure Real Estate | No Comments »
February 11th, 2009
email this posting to a friend outer banks craigslist > auto parts
please flag with care:
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prohibited
spam/overpost
best of craigslist
Avoid scams and fraud by dealing locally! Beware any deal involving Western Union, Moneygram, wire transfer, cashier check, money order, shipping, escrow, or any promise of transaction protection/certification/guarantee. More info
Busy Auto Repair Business - Lease TurnKey - Owner Operated - $10,500 (Nags Head)
Reply to:
sale-1030314006@craigslist.org [?]
Date: 2009-02-11, 10:57AM EST
http://www.thedeanagency.com/listings/58701.php
see photos and full details.
Unique opportunity to lease, purchase or lease with purchase option. Seasonal tourism and loyal locals provide excellent base. Lot’s of heavy truck and 4×4 customers. 4 new lifts, heated 4 bay shop, retail, waiting room and office.
Tags: auto repair business, auto repair jobs, broker, business, commercial, landlord, mechanic jobs, obx, outer banks, property, real estate, realty
Posted in Commercial For Sale and Wanted | No Comments »
February 11th, 2009
email this posting to a friend outer banks craigslist > office & commercial
please flag with care:
miscategorized
prohibited
spam/overpost
best of craigslist
$7 / 1700ft² - Class A Warehouse/Office for Lease 1700 SF and Up (Powells Point)
Reply to:
hous-1030324487@craigslist.org [?]
Date: 2009-02-11, 11:04AM EST
Lease, Lease Option Purchase or Buy flex space 45 minutes from Virginia and 10 minutes to the Outer Banks NC. excellent staging facilities for subcontractors, general contractors and distributors. Easy access for big trucks - no backing! Roll up doors, 16′ eaves, ADA restroom, finished reception/ office and kitchenette. Rent for 2 years or more, combine units. ready to Occupy Today!
http://www.thedeanagency.com/listings/59208.php
- Location: Powells Point
- it’s NOT ok to contact this poster with services or other commercial interests
Tags: , commercial, commercial landlord, lease, lease option, loading docks, Norfolk area, obx, outer banks, space, truck access, warehouse
Posted in Commercial For Sale and Wanted | No Comments »
February 10th, 2009
Tags: best, consulting, Corolla, find, finding, how, investing, investment, kill devil hills hatteras, most, Nags Head, outer banks, Outer Banks Real Estate Tips, OX, roi
Posted in Best Investments OBX Real Estate | No Comments »