Benefits of owning an

Apartment building in North Carolina

October 2017

By: Michael Headley

Owner, The Headley Group Realty

North Carolina has the best potential in the Apartment developments. So, if you are planning to buy a home? Start Now in Multifamily! Chances are prices are going up for the next few years and in investing in single-family rental properties has weak potential because of high home prices.

Furthermore, North Carolina is running out of room, because population is not that big but prices are growing very fast. Home Prices were up to 40 percent in the last four years. So, don't wait if you plan to buy, because you have to expect that prices go higher in North Carolina County.

Is purchasing one single-family unit the best use of your money, or more importantly, your time? That’s understandable and easier to acquire single-family unit but it doesn’t mean it’s worthwhile. You can be a Real Estate Investor when you start to buy a rental house even online.  You must understand the fundamentals to be successful, just like any other investment strategy by starting to invest a multifamily property. Here are few reasons why we should:

1.      Power of the Market - Since multifamily doesn’t experience the intense changes multifamily stays stable that retail and office often experience. As an essential means of survival, Multifamily is the least risky real estate asset class, and all demographic gauges suggest it will be a strong market for years.

2.      Cash Movement - Apartments conventionally have more immovability than frameworks. Stock selections do not produce cash flow unless the stock pays shares. Apartment buildings produce their income from dozens or hundreds of tenants. If a few of those tenants don’t pay it doesn’t usually influence disaster for the property’s cash flow because one individual represents a relatively small percentage of the overall income.

3.      Firm Asset - Apartments are universally considered an excellent inflation hedge (one day, inflation will eventually kick in). Now is the time to lock in long term debt and pay down significant principal over time. Because, the cost of capital has never been more attractive and there are divers set of multifamily loan products you can choose from.

Today’s low-cost liability won’t last forever. The cost of capital has never been more attractive, and there is diverse set of multifamily loan products to choose from. Now is the time to lock in long term debt and pay down significant principal over time, considering  Equity Growth where Multiple tenants pay down your mortgage. With fewer deals, you can amass a significant range of assets for inheritance planning in far less time. Considering to Retire Early in Investing In Apartment Buildings.

As one of owner/operator at The Headley Group Realty, we remain conservative in our approach toward fund investments.  The investments value add focused for our multi-family residential real estate portfolio. Contact me now, and let us help you with your future investment.

The Industry's Most Innovative

Real Estate Agents Musts Have in Marketing:

The Headley Group Realty

September 2017

How can I maximize my marketing strategies? Is a question we ask over and over again in this era of innovation, where each day there is a new tool seems to change, agents are assessing how they can amplify their current marketing goings-on and recognize new methods.

Real estate marketing is progressively reigned by illustrations, creation and commitment. This is true of today’s leading marketing channels — Instagram, Facebook, Pinterest, Snapchat, etc. Today we have an unfiltered ways of material available online as they start the process of buying, selling or renting a home. New ways to generate attractive content, showcase proficiency and quantity return-on-investment are becoming dinner table topics for agent-marketers everywhere.

Here are the most convenient practices for re-engaging with former clients and catching the eyes of new prospects from the industry’s most innovative agents nationwide:

1.       Personalize your BRAND. As a businessperson, nothing is more significant to your business than your standing. Marketing allows you not only to promote what you are selling, but who you are. Whether it’s a special area of expertise, participation with organizations, or what makes you and your business unique. Make sure that every message you send out into the world communicates this in a consistent way.

2.       Changeround social media. Social media is unique in that it merges professional and personal interests. Buying a home is a lifestyle purchase and today, there is no better lifestyle marketing tool than social. In real estate, lifestyle content could be a sensitive client story behind a recent deal or posts that explore the culture of a particular neighborhood.

3.       Focus on engagement. Only a few, can completely measure what networks are most effective. Rather every agent can tell how much they spend on marketing down to the penny. At Range, we track all of the content our agents post and what gets the most engagement, and we use that data to create better, more successful content. Use tools like Hootsuite or Sprout Social to track your own engagement and make sure you are spending your money and time in the right places.

4.       Consistency find your strategy and stick to it. As countless tools emerge, agents have the luxury (and burden) of being able to experiment with multiple channels and methods. Focus on what you do best and consider what makes the most sense for your clients.

5.       Share moments that matter. One of an important milestone for one’s business, is to create a natural reason to reconnect with clients and prospects. Send an announcement email and share what motivated you to move or something about your new company. Winning time to broadcast important life milestones is a great way to show you are dedicated to helping clients achieve theirs.

For Buying or Selling in Real Estate, to Get Ahead with the Headley Group Realty.

Check out our website!

Or call us at 336-904-6216.

Things you should ask a Home Seller

Things you should ask a Home Seller

By: The Headley Group Realty

July 2017

One of the largest single investment you’ll ever make is having a home, searching for the perfect place takes time and a lot of your energy too. And when you are ready to buy, you should be knowledgeable lot about the house.  We at the Headley Group Realty will be with you to help and guide you, as sellers how make a better decision to fill by answering the following questions:

1.       Why are you selling?

There are many reasons why people move, for job, to get a smaller or bigger house, any life events like (marriage, birth, or death) and retirement. Depending on the reason for moving, the seller may be willing to accept a lower offer if it means he or she can be out of the home faster. Of course, if the seller is in no hurry to sell, there may be little room for negotiation

2.        How much did you pay for the home (and when)?

It tells you if values in the local market have gone up or down since the seller purchased the home. Also, it may help you determine how open the sellers may be to negotiation. If the sellers won’t tell you what they paid, you can find out by checking the public records. They are available at the Register of Deeds (or a similar office, such as Recorder of Deeds) in the county where the property is located.

3.       Are there any problem in the neighbors?

Neighborhoods can be affected by any number of troubles including speeding on community streets, (from traffic, neighbors, barking dogs and/or nearby businesses), crime, bothersome odors (including cigarette smoke) maintenance, bright lights and problem neighbors who cause disturbances. It’s a good idea to at least try to find out about any problems before going through with a purchase. You can visit the local police department to research crime indicators for the neighborhood.

4.       Are there any problems with the house?

While disclosures vary by state and even county, sellers must make disclosures about such items as existing liens, lead-based paint, natural hazards (e.g., flood plain), termite problems, history of property-line disputes and defects with major systems and/or appliances (see Real Estate Flipping: 8 Disclosures You Must Make). There may be problems with the house that the seller knows about – but is not required by law to disclose – it can be helpful to ask point-blank: You might find out about problems ahead of time and be able to negotiate repair costs. Of course, you should still get a complete inspection before buying the house since there might be issues the seller doesn’t know about or won’t willingly share (see The 5 Most Overlooked Problems in a Home Inspection).

5.        What do you like most about living in your home?

This question might put the seller on the spot, but it can get the seller talking about the home, neighborhood and community. You might learn something positive about the home or area that you might not have known otherwise – the tight-knit community, the friendly neighbors, the short walk to schools, the way the sun shines through the living-room windows in the afternoon, the low heating bills or the flowers that grow in the summer on the hill behind the house.

While the listing and marketing materials include lots of details about a house (the number of bedrooms and baths, and the square footage, for example) – and the showing lets you see it firsthand – talking to the seller can help you learn exactly what you could be getting into.

If you have difficulty being able to connect with the seller, try to get some of these questions answered through The Headley Group Realty. For more information, Please call us at 336-904-6216

“To Get Ahead in Real Estate, Get Ahead with the Headley Group!”

Benefits You Get When Working With Real Estate Agents.

Benefits You Get When Working With Real Estate Agents.

By: The HeadleyGroup Realty

May 2017

Buying and selling a home can be an overwhelming task for anyone, especially when it is your first time. When homebuyers and sellers work with an agent, the entire process runs smoother and is a lot less stressful than if buyers or sellers did everything on their own. Here are reasons why working with an agent matters:

First, when considering at figures 87 percent of buyers bought their home using a real estate agent, and 88 percent of those buyers would use their agent again or recommend them to someone else. Data also say that 48 percent of sellers who don’t use an agent will end up with a lower-than-expected selling price. On the other side, homes listed by an agent will sell for an average of 18 percent more than if the owner sold it.

If you’re in the complex situation of considering for a house while selling your current home, then it is even more critical that you work with an agent. Not only will they list and market your current property, but they will also help you find your new home, importantly reducing the stress of a dual transaction. Let your agent be your contact, and take advantage of their knowledge and skills. In the end, they will help you save time and unwanted frustration throughout the entire buying and selling process.

In addition, agents know more about neighborhoods than anyone could possibly discover on their own, including information about active and sold properties, prices, etc. If you are interested in new construction, then another advantage is that agents know the individual builders in the area. Furthermore, agents have access to an extensive selection of homes that are not yet listed and visible to the public, giving you a leg up on other home hunters. By working with an agent, you have a wider range of possibilities for potential properties and your home has the potential of being widely marketed.

Home showings are one of the complex parts of buying and selling properties. An agent can show your listed property while you are away from the house, accommodating a larger audience of potential buyers. If the property is listed with an agent, then they can schedule showings readily while the seller is not present, increasing the likelihood for showings and for a sale. Vice versa, the agent can schedule showings for you so you can visit multiple properties in as little as one afternoon.

Preferably, you and your agent work as a team. It is your job to tell the agent what you want in a home, such as number of rooms, bathrooms, square footage, the neighborhood you desire to live in, etc. Then the agent goes to work, scheduling homes for you to see that meet your criteria. What you may not know is that agents have a fiduciary duty to you; they are ethically and legally-bound to represent your best and highest interest.

Not only will an agent guide you step by step through the entire process of selling or buying so that nothing is overlooked or forgotten, but they will also help you recognize the requirements and contract terms, without which your liability growths. Finalizing contract negotiations is another area where an agent’s expertise is beneficial to you as they make sure all the paperwork is completed in a timely manner and all contract points are addressed. This can be an emotionally tense process and the agent is there to help by guiding you step by step from contract acceptance to close of escrow.

It is no easy task Buying and selling a house. Agents at The Headley Group Realty can trusted to partner up with maximum advantage.

For Buying or Selling to Get Ahead, Get Ahead with The Headley Group Realty.

Attention Home Seller!

Expenses to Get your House Ready to Sell.

By: The Headley Group Realty

April 2017

Transforming your kitchen and bathrooms are the greatest value adding jobs you can do to your home. If your expenses doesn’t allow for full remodels, or your whole home needs to be to improve the appearance up, here is a checklist for some of the most significant progresses you should make prior to listing your home for sale:

Paint — This is at the top of the list. New paint will revive up your home and make every room look good. You might be able to get away with just walls and slender, but check your ceilings for water stains or bad paint lines to decide if they need to be added. Average cost is $5,000-$7,000.

Flooring — switching carpet and re-finishing hardwoods are economical way to restore the area that gets the most wear in your home. $5-$10 a square foot is what you can expect subject on carpet or hardwood.

Lighting — You want your house to be well lit. Buying new light fixtures and ceiling fans not only give you better light, but also add a stylish finish to your home. $50-$150 for installation per fixture.

Kitchen Appliances — Brand-new kitchen appliances are an easy way to update a kitchen’s look, as well as providing peace of mind to buyers. We commend stainless steel or black. Standard packages range from $1,500 to $3,500.

Bathroom Shower and Tub Surrounds — Re-caulk all corners and touchup grout so these areas are clean and waterproofed. $25-$75 depending on the size of the shower.

Professional Cleaning — Good cleaning services have the equipment and means to get your house show prepared. Make sure they include wiping down walls, blinds and windows in their deep clean package. The average cost of a onetime deep clean is $350-$500.

Entrance to Home — Painting or changing the front door and making sure the walking path up to the house is in good overhaul makes for a great first impression. Tighten up handrails, fix stairs and make sure the seals around the door are in good shape. Replacing a front door on average is $7,500. Just painting and doing minor repairs should be in the $500-$1,000 range.

Landscaping — Trim bushes, mulch, plant some flowers, cut the grass and edge. A $500-$1000 budget should give the average yard good curb appeal.

Topics you would like me to discuss Email me at headleygrouprealty1@gmail.com. Be sure to follow us on our website headleygrouprealty.com and like our Facebook page https://web.facebook.com/TheHeadleyGroup/.

5 Important Reasons Why Use a Realtor®?

5 Important Reasons Why Use a Realtor®?

The Headley Group Realty

MARCH 2017

Deciding on buying or selling your current home is a BIG decision. It is something that takes a lot of thought and reflection – and, for some, it can be scary to think about going through the whole arduous procedure alone. But, we’ve got some good news! It isn’t something you have to go through alone – real estate agents, just like The Headley Group Realty, are here to support you every step of the way! Why should I get a real estate agent?

Why shouldn’t I just try and sell my home by myself? These questions often come up for many homebuyers and sellers. And, of course, you unquestionably can sell your home and shop for your new home by yourself – but, should you? What benefits are there for you to use a real estate agent? Take a look at why using a real estate agent benefits you!

1. A Realtor can direct you to competent lenders that won’t gloss over the truth just to make a deal. When you work with a Realtor®, their fiduciary responsibility is to you. That means you have an expert who is looking out for your best financial interests, an expert who’s contractually bound to do everything in their power to protect you. That’s big — the value of that commitment cannot be overstated. “Realtors® have subscribed to the NAR’s strict Code of Ethics as a condition of membership.”

2. Realtors are so invaluable throughout the entire process and I mean that with all sincerity especially a regards location. A lot of wonderful homes are now located in extremely bad areas of town that will most likely not get any better. Realtors® are immersed in real estate, and they must stay current with all the updates in regulations, laws, contracts and practices. Once you retain your Realtor®, they put that knowledge to work for you.

3. Realtors who care, tell their city and will take care to help you not pick a home that will either be dangerous or have no future resale value.  We are not allowed to categorize in any way, but are also required to give our utmost care to our clients. Your Realtor® can go beyond the aesthetics and tell you important details about homes you’re considering.

4. Hit list, fundamentally there are a few really big items that matter to people: bedrooms, bathrooms, kitchen placement, pool, and yard. Realtors® know the local market, have access to the freshest sale data, and can price your house in line with the market to maximize your earnings.

5. Realtors do is help you prioritize and then find you that home instead of looking at all the homes that don’t work for you. It won’t do any good to look at 2 bed/1 bath homes if you need 4 bed/3 bath. Make Sense? Your Realtor® can go beyond the aesthetics and tell you important details about homes you’re considering.

Realtors® can help you navigate these complex documents and craft an attractive offer that makes sense for you. Do you know anyone in the market to buy or sell a home? Give us a call we would love to help! #336-904-6214. What do you think? Is using a real estate agent worth it? I think so! Do you know anyone in the market to buy or sell a home? 

Homeowners Things You Should know,

Homeowners Things You Should know,

What and why you need an Insurance:

By: The Headley Group Realty

February 2017

If you’re the type of person who likes to risks and just go with the flow with your Real Estate needs, your mortgage lender does not. They will entail you to secure homeowners insurance to keep their interest in your home. And that’s a good thing. For even if you don’t have a mortgage, you should have homeowner’s insurance. Your home is a enormous investment that covers all your assets. The percentages for coverage are a minor price to pay for the securities they provide.

The Headley Group Realty gives you answers to your common questions on your home insurance needs: For Buying or Selling to get ahead in Real Estate get ahead with The Headley Group Realty Call Us for a Consultation: 336 904 6216!

PRICE

When do I have to pay? Supposing you will have a mortgage, you will be required to bring proof of at least 12 months’ value of insurance extras to your closing. Please bring along your policy’s declarations page which shows the effective date and the cost for a year’s coverage to closing, along with a receipt or a letter showing you’ve paid the bill.

Afterwards, your lender will set up an escrow account and settle your monthly payments out of that. Your homeowner’s insurance will just be rolled into your house payment, along with taxes. Since you’ve already paid for a year straight, some home buyers assume their first year’s payments will be summarized. But from the first payment forward, your lender will be gather an insurance premiums to pay next year’s bill.

How much?

To gratify your mortgage lender, you must to cover the home for recent market worth. All they careful about is that they get their loan reimbursement even if the house and its insides burn to the ground. Excluding in very rare circumstances.

Most experts advise you to buy “replacement cost” coverage rather than market value. Here’s the difference. Say you buy a $200,000 home with market value coverage. If a fire destroys your home, it could cost $225,000 to rebuild. You’re left to foot the bill for the extra $25,000. Would it really cost more to rebuild than the market value of the home? First you’ve got to pay to remove the debris from the destroyed home.

How to determine replacement worth

Your policy may contain an automatic increase change, but even if it does, it’s a good idea to take a look at your analysis boundaries once a year or so to make sure nothing has changed that would make you want to adjust your policy.

BESIDE THE HOUSE WHAT’S PROTECTED?

YOU: As a homeowner, you also need to keep yourself against lawsuits if someone is injured on your property. Let’s say you have the neighbors over for a barbeque and one of them trips on a tree root and breaks a wrist. You could be accountable for their medical treatment and even loss of work. This is also why your insurance company may ask what seem like bizarre queries. Do you have a dog? Do you own a trampoline? They could raise your premiums to account for past claims experiences with that sort of thing.

YOUR STUFF: Ask about the personal property protection included – how much of your material is covered. Is it covered at replacement worth or depreciated cash value? What isn’t covered? Question your insurance agent what detailed prohibitions are in your policy.

You should take a record of what you own to help in case you ever need to make a due. Where to start? The Insurance Information Institute’s website can be a huge help.

WHAT’S NOT PROTECTED

Average homeowner’s policies do not cover against floods, earthquakes, hurricanes or wildfires, among other things. If you live in a flood zone, your lender will probably require you to purchase additional flood insurance. If you aren’t required to purchase specific hazard coverage, you may as well inquire what it would charge for those events most likely to occur in your area. Only you can choose what the peace of mind is valuable to you.