November 01, 2008

OBX Foreclosures major site update coming soon!

This is exciting news for those that want to stay informed about foreclosures opportunities on the Outer Banks.  We are putting the finishing touches on the program and plan on going live by the end of the month. 

Most Outer Banks foreclosure sites focus on the Bank Owned Properties (properties that have already gone through foreclosure that were purchased by the banks at the courthouse steps and then to be re-sold on the open market). OBX foreclosures will provide information much earlier in the process. 

Another benefit of OBX foreclosures is that we plan on providing historical information on the prices. 

  • The current tax value of the home
  • The sales price at the courthouse steps
  • If purchased by the bank - the listing price once it goes on the market
  • The final sales price once the property is sold

Over time, this information will become a valuable tool for those looking to purchase property on the Outer Banks.

So why are we doing this? 

  • The proposed mortgage bailout programs to date are only focused on primary residences.  If those plans actually go into effect, it could help some local residents but it will not help the investor or second home owners.  Since the majority of Outer Banks Real Estate consists of second homes and investment properties - foreclosures will be something we will all have to deal with for the forseable future. 
  • Outer Banks Foreclosure information is difficult to obtain or it costs money.  We will solve this problem.  Our goal is to provide accurate information so our clients can make informed decisions. 
  • We want your business.  By providing this information, we hope you will consider working with us when you decide to purchase a home on the Outer Banks.  The old school way of doing business - you sign an agreement and then you get some information.  The new school way - we provide you information and then you decide who you want to work with.  If you decide to work with another agent, we can live with that.  But we would really appreciate the opportunity to earn your business.  Give us a call, send us a note - give us a chance to exceed your expectations.

If you would like to be get free email updates on foreclosure properties on the Outer Banks - just fill out the sign up form - it is just that simple.  We do ask for your information.  We will not sell your information to Nigerian scammers or "pharmacutical" companies to improve your health.  If you have any questions, feel free to send us a note.

November 09, 2007

OBX Foreclosure Sale update

Update - property located on 2011 Portsmouth Street was sold on the courthouse steps on 11/2/2007.  The lender made a bid of $225,757.13 and the upset bid of $ 237,044.99 is due 11/13/2007.  If you would like additional information or if you would like to bid on this property, please feel free to contact us

November 04, 2007

Foreclosure - 112 Lancer Court Kill Devil Hills NC

08162722_2

112 Lancer Court
Kill Devil Hills, NC

Foreclosure File Number 07-SP-459
2 Bedrooms, 2 Baths

Hearing Date: 10/31/2007
Foreclosure Sale: 11/28/2007

Assessed Value:  $ 169,700
Principal Sum Owed:  $ 192,000

For more information on this property, you can view the tax records.  If you would like more information on this property or if you would like to place a bid, please feel free to contact us

Foreclosure - 2011 Portsmouth Street Kill Devil Hills NC

20102454_2

2011 Portsmouth Street
Kill Devil HIlls, NC

Foreclosure File Number 07-SP-458
3 Bedrooms, 2 Baths

Hearing Date:  10/12/2007
Foreclosure Sale: 11/2/2007

Assessed Value:  $ 225,000
Principal Sum Owed:  $ 216,000

Bid Amount:  (Lenders Bid) $ 225,757.13
Upset Bid Date:  11/13/2007
Upset Bid Amount:  $ 237,044.99

For more information on this property, you can view the tax records.  If you would like more information on this property or if you would like to place a bid, please feel free to contact us

Foreclosure - 114 Knight Court Kill Devil Hills NC

22092801

114 Knight Court
Kill Devil Hills, NC

Foreclosure File Number 07-SP-462
4Bedrooms, 2 Baths

Hearing Date: 10/17/2007
Foreclosure Sale: 11/07/2007

Assessed Value:  $ 287,300
Principal Sum Owed:  $ 157,000

For more information on this property, you can view the tax records.  If you would like more information on this property or if you would like to place a bid, please feel free to contact us

Foreclosure - 206 Harbour Bay Drive Kitty Hawk NC

15153336_2 206 Harbour Bay Drive
Kitty Hawk, NC

Foreclosure File Number 07-SP-477
5 Bedrooms, 6 Baths

Hearing Date: 10/24/2007
Foreclosure Sale: 11/14/2007

Assessed Value:  $ 841,400
Principal Sum Owed:  $ 918,400

For more information on this property, you can view the tax records.  If you would like more information on this property or if you would like to place a bid, please feel free to contact us

November 03, 2007

Foreclosure - 4625 Seascape Drive, Kitty Hawk NC

11172543_2 4625 Seascape Drive
Kitty Hawk, NC

Foreclosure File Number 07-SP-480
5 Bedrooms, 3 Baths

Hearing Date: 10/312007
Foreclosure Sale: 11/21/2007

Assessed Value:  $ 596,200
Principal Sum Owed:  $ 521,250

For more information on this property, you can view the  tax records.  If you are interested in bidding on this property, please contact us

Foreclosure - 134 Poteskeet Drive, Duck NC

01101852 134 Poteskeet Drive
Duck, NC

Foreclosure File Number 07-SP-481
4 Bedrooms, 2 Baths

Hearing Date: 10/29/2007
Foreclosure Sale: 11/19/2007

Assessed Value:  $ 472,800
Principal Sum Owed:  $ 393,750

For more information on this property, you can view the tax records.  If you are interested in bidding on this property, please contact us

July 18, 2007

Welcome to Outer Banks Foreclosures

Welcome to Outer Banks Foreclosures - your definitive source of information about foreclosures on the Outer Banks of North Carolina.