Tonbo Meadow: A Modern Design for the Eco-Conscious

Tonbo Meadow was conceived by Pam Fasse of Fasse Bldgs and designed by Architect and Landscape Architect Scott Ogden and Lara Berkley of B+O Architecture.  Fasse’s vision for the community was one of “modern meets green.”  One of the reasons the innovative project is so successful is because every decision made from the start contributed to what is now Tonbo Meadow, an eco-conscious town home community of clean and modern town homes situated in a natural and self-sustainable meadow adjacent to Wilmington, NC’s popular Greenville Loop Road and minutes to Wrightsville Beach.

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The slick and contemporary town homes are sited as duplexes and triplexes clustered tightly together in the front so as to preserve a one-acre natural open space meadow in the back.  They were placed on the site for passive solar orientation and large expanses of windows were utilized to allow for light-filled space and provide a true connection to nature.

There are many reasons to love this community!  First of all – it is GREEN.  All of the homes make use of low- or non-toxic and sustainable building materials.  They all have energy-efficient spray-foam insulation that creates a tightly-sealed building envelop and extremely effective soundproofing.  The homes also utilize energy-efficient mini-split heating and air units which allow homeowners to heat and cool their homes selectively.  In addition, Fasse introduced highly energy-efficient German-designed hot water systems which provide on-demand hot water in a cost effective manner.  Finally, each home has a low-flow plumbing system and an electrical outlet in the garage for powering up an electric car.  Imagine, saving up to 70% on utility bills each month?  That is a reality at Tonbo Meadow.

In the creation of her eco-conscious community, Fasse left no stone unturned inside or out in pursuit of keeping it green.  There are a series of ponds and swales throughout the community that catch and carry water above ground to constructed wetFeatured imagelands and rain gardens placed in strategic areas.  All native plant species existing on the site were identified and inventoried so that any new additions would be native to the area and add to the existing ecosystem, instead of competing with it.  In addition, any newly introduced natives would require no extra water other than what Mother Nature provides. 

Featured imageWhen complete, the 1-acre meadow in the rear of the property will house an outdoor gathering structure and fireplace along with community gardens and open space. Rimmed by native Live Oaks, it will offer the perfect sanctuary for residents to gather and discuss the day’s events.

Finally, these homes are beautiful and modern – a work of art in and of themselves!  They are not just a home, but a lifestyle.  Please drop in anytime to preview this one-of-a-kind masterful community!  Contact me at (910) 231-4649 and I will be happy to give you a preview of the home and neighborhood.

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Are YOU behind on your mortgage?

Did you know that one in five Americans are “under water” on their mortgage?  This means that they owe more for their home than what they could sell it for.  For the many Americans today who are finding themselves, for one reason or another, behind on their mortgage, there is HELP for you!

You have OPTIONs available to you and the sooner you act, the more likely you will be able to reverse or remedy this situation without ruining your credit.

The federal government has changed the law with H.R. 3648.  This legislation makes it possible for your lender to forgive a significant portion of your mortgage debt even if you are already in the foreclosure process.

It is my goal to help you take advantage of this program and help you eliminate a portion of your debt, avoid foreclosure, and rescue your credit rating. 

Contact me today to learn how you can achieve this.  Call me directly at (910) 231-4649.

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Best Waterfront Property in Wilmington, NC

If you are looking to live on the water and are seeking a boating lifestyle, HERE is the property for you!

This 3 Bedroom/2 Full Bath 2300-sq.ft. coastal cottage overlooks Masons Inlet and the Intracoastal Waterway in the Wilmington, NC area.  It comes with a darling waterfront 550-sq.ft.+ cottage that is separately metered so that it can be rented out or be used as a  mother-in-law suite or artist’s studio. 

Here is the view from the back of the house looking out towards the Intracoastal Waterway:

The property sits on .83 acres of land and has a fenced-in back yard and a walk out basement with room for two parked cars.

A 30-foot deep water boat slip that comes with the property.

The master has wood siding and a door to the outside deck.  Here is the master bath:

The great room is in the heart of the house with views to the waterway and exterior outdoor living areas.

All windows have plantation shutters.

This is an incredible opportunity to own a premier waterfront property in the Wilmington area.  And the price you ask?  Just a mere $550,000 – INCREDIBLE!!!  If this is what you seek, call me today at (910) 231-4649!

Listing/Photos Century 21

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Top 10 Questions to Ask your Agent BEFORE you list your home!

If you are considering listing your home this season, what do you look for in a listing agent?  Here is a list of the top 10 questions everyone should ask their listing agent BEFORE they list their home with them.

1.  Are you an active, full-time realtor? 

Believe it or not, most real estate agents work part-time at real estate – especially in this down market.  Make sure you are working with some one who is commited to selling and marketing your property full-time!  Also, those that have been in the business for years, are not always the most experienced.   What matters most is the number of houses they’ve sold and how quickly they sold them.  It is best to work with an agent that focuses in your area and can demonstrate their successes.  You’ll also want to make sure they understand the market for your property and how best to position it in the market place for maximum results.

2.  How many homes have you sold in the last 12 months?  And how many of those were similar to mine? 

An active agent sells homes on a consistent basis and should be able to demonstrate their track record to you.  Also you’ll want to ask them what is their list/sold ratio?  Are they selling the listings they have?  And what is their average days on market?  Allowing a home to linger on the market for too long effects the value of the home, so you’ll want an agent who can price it to sell quickly.  No matter how many listings they may have, you’ll want to make sure they have the systems in place to effectively market your home to future buyers.

3.  What is the market share for the agent and their company?

This is so important!  You’ll want to choose a real estate company who represents a large share of the real estate market, especially in the price range you are selling your home in.  There is a reason for the large market share and it doesn’t take a rocket scientist to figure this out!  Seek out an agent and company who specializes in selling homes like yours.  You are not going to want to hire an agent who specializes in foreclosures when your home is not one!

 4.  How will you determine a price for my home?

An experienced agent will take a close look at comparable properties to yours to help determine the list price of your home.  I also always preview other comparable properties that are still active on the market.  With all things similar, buyers will ALWAYS choose the property with the best price!

5.  Where and how will you market my home to get it sold?

Marketing is the most important factor in selling a home and the key to effective marketing is getting as many other agents and potential buyers in your home as possible.  You’ll want an agent who can clearly discuss their marketing strategy with you to demonstrate how they plan on accomplishing this task.  Looking past the “For Sale” sign and the Multiple Listing Service (“MLS”), you’ll want an agent who utilizes both print media and the internet, as well as one who is not afraid to host a Broker’s Open and regular Open Houses.  Networking with colleagues and other realtors is also huge in promoting listings.  Most importantly, you’ll want a realtor who can identify your home’s greatest selling features and creatively market them to those who are in a position to buy.

6.  How will you help me prepare my home for a quick sale?

You will want an agent who will go the extra mile to educate you on what it takes to get your home sold.  Also, you need honesty from your agent who might tell you things you may not want to hear, but will help you sell your home faster.  These things could be as simple as cleaning, painting or rearranging furniture.  Or they could be more complex and include moving things out to a storage unit, staging, or landscaping.  They could even be as complex as doing some remodeling.  Also, does your agent have a relationship with various service-providers who can help you prepare your home for sale?  This is important!

7.  What is your method of communication and how often will you communicate with me?

A good agent should ask you this question before you ask it of them.  Whatever your means of communication, your agent should be able and ready to communicate with you whether it be by email, snail mail, phone or text.  Don’t be afraid to test your prospective agent in advance of listing with them.  Send them a text or email and see how long it takes them to respond.  Ask them how often they will communicate with you and what you can expect from them on a regular basis.

8.  What is your commission and why do you charge what you do?

A good agent should be able to tell you immediately how much they charge and why they charge what they do.  What skills or services are they bringing with them that will make your house sell for the most amount of money, in the least amount of time, with the least amount of stress?  A good agent will be able to explain what services they are providing in exchange for those hard-earned dollars.

9.   What do you perceive to be the challenges in selling my home?

Again, you are going to want a real estate agent who can be honest with you and creative enough to offer solutions around any obstacle.  Are you going to want to work with an agent who will tell you what you want to hear or one who is smart enough to be straightforward with you about the challenges that lay ahead and how they plan to minimize them?

10.  How did I relate to this agent?

Is this someone you can trust and build a working relationship with?  Are they smart, open and knowledgeable?  Is this someone you will want to work closely with to effectively sell your home?  Finally, do you think they will represent your home well in the marketplace and do what it takes to get it sold quickly, for the most amount of money?

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My Best Pick for Waterfront Living in Wilmington, NC

Here is a stunning home on the water in Wilmington, NC just around the corner from Figure Eight Island.   It overlooks Pages Creek and sits on a double wooded lot just under a half acre.  It comes with two boat slips at the community dock and is a bargain for $799,000!!

It has 3 bedrooms and 5 bathrooms – 3 Full and 2 Half.  It is a custom home designed by a local architect and is approximately 3500-square feet.  As you can see from the main living area, it has an open floor plan and lots of windows that offer a wonderful relationship with the outdoors and lots of light!

The Open Floorplan has a “floating” kitchen.  Nice high ceilings and light-colored wood also allow for lots of light.

Here is the view from the decks overlooking Pages Creek.  Not only does it have a stunning view, it also has privacy!

The Community Dock on Pages Creek is a very short distance from the Intracoastal Waterway and the Atlantic Ocean beyond.

At $799,000 this home will not last long!  It is one of my best picks for waterfront living in Wilmington, NC.  Call me today to see it!  (910) 231-4649.

Photos and Listing:  Coldwell Banker Seacoast

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Wilmington, NC Market Statistics

So you want to know about Wilmington, North Carolina real estate?!  According to AOL Real Estate, our city has 46,646 private residences.  There are around 3400 homes currently for sale on the market, of which 563 are forclosures.  The average home value is around $226,000 and the average listing price was $358,310.  In May of this year, the average price per square foot was $110.  The home vacancy rate in Wilmington is 11% and in the past year, home values depreciated by 3.7%.

In the North Carolina, Wilmington ranks No. 4 in the number of homes for sale.  In 2010, 4509 properties were sold on the Wilmington Multiple Listing Service (“MLS”), 140 more than were sold in 2009!  In 2010, the average home price was $231,182  and the median sales price was $184,500.  Finally, the average days on the market for 2010 was 128 days compared to 136 days on market in  2009.

If you live in or around the Wilmington area and are wondering what your home is worth, go here.  Also, feel free to contact me for more information about our city or any other real estate matter!

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Home Ownership Matters

The National Association of Realtors (“NAR”) and its President-Elect Moe Veissi, recently launched a nation-wide campaign to spread the word that Home Ownership matters and exactly why it matters.    Veissi’s three main talking points are this:

  • The housing market makes up $4 trillion, or about 15 percent, of the total U.S. gross domestic product.
  • The housing industry has led the way out of six of the last eight U.S. recessions.
  • For every two homes sold in the United States, one job is created.

To send this message home, no pun intended, the NAR took it on the road in March with its Home Ownership Matters Bus Tour.

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