Highlands NC real estate

Mark Your Calendar for the Highlands NC Christmas Parade

by

Mark Your Calendar for the Highlands NC Christmas Parade

Highlands NC Christmas Parade

Lynn Kimball, Highlands NC real estate

Mark your calendar for the annual Highlands NC Christmas Parade. This fun and festive event will take place on Saturday, December 3. This fun event is treasured by the community and attracts visitors from near and far. Homemade floats, a marching band or two, and Santa are the big draw, getting everyone on the Plateau in the holiday spirit. All ages return year after year to Downtown Highlands NC to enjoy this magical kick-off to the Christmas season!

Get your viewing spot early!

The parade takes place from 10:30 am to noon and many people arrive early to set up camp, ensuring a prime viewing spot. The parade route is along Main Street and front-row viewing is coveted. This community parade will not disappoint. Local civic groups, non-profits, churches, businesses, fire departments, and many additional integral members of the Highlands NC community participate and their passion for the event is evident.  Additionally, participants in the parade will be tossing candy to the crowd.

Sense of community

The annual Christmas parade demonstrates the sense of community and camaraderie that pervades our mountain town. The smiles on the faces of the onlookers and the participants alike are contagious. What can you expect to see? A marching band, horses, motorcycles, all-terrain vehicles, fire trucks, classic cars, and more. One highlight of the parade is the dancing ladies of the Highlands Garden Club.  Of course, Santa and Mrs. Claus are the royalty of the parade.

Learn more about Highlands NC

Contact me, Lynn Kimball, today to learn more about Highlands NC real estate. I welcome the opportunity to update you on current market conditions while helping you get to know our mountain community like a local. Let my knowledge and experience serve as your guide. I hope to see you at the Highlands NC Christmas Parade on Saturday, December 3!

Highlands NC Real Estate, Vacation Home Buying

by

Highlands NC Real Estate, Vacation Home Buying

Highlands NC real estate

Lynn Kimball, your guide to Highlands NC real estate

Vacation home buying and Highlands NC real estate often go hand in hand. The mountain lifestyle is a huge draw for buyers, who often return year after year and desire to make the area a lifetime destination for their families. Vacation home buying can be different from buying a primary residence. As such, it is helpful to have an experienced Highlands NC REALTOR who is well-versed in the market as well as knowledgeable about what properties make good vacation homes.

Vacation homes

Buying a Highlands NC vacation home is different from a primary residence in that you may not have the same requirements. Furthermore, many vacation homeowners rent the property when it is not in use. As a result, it is impotent to understand what properties rent well as well as what vacationers to the area are looking for. Location plays a big role when it comes to real estate. For a primary residence, this may include being close to schools, parks, and the like. For a vacation home, this will most likely require being close to activities like golf, hiking, tennis, dining, and more.

Know what you can afford

Getting your finances in order to purchase a vacation. Property in Highlands NC is important prior to starting a property search. Additionally, it is essential to take into consideration extra expenses. This includes maintenance, association or club dues associated with the property, and taxes and fees. Those renting a home out can recoup these costs, while those who opt not to rent should know what the extra expenses will be. Furthermore, a solid understanding of wants and needs, along with the budget, will help guide a Highlands NC property search.

Learn more about Highlands NC real estate

Contact me, Lynn Kimball, today to learn more about buying a vacation home in Highlands NC.  I welcome the opportunity to update you on the market while helping you determine your family’s needs for a vacation home.  Let my knowledge and experience serve as your guide to Highlands NC real estate.

Click here to read “5 Questions to Ask Before You Buy a Vacation Home” from HGTV.

Highlands NC Real Estate, Overwhelming Home Inspection Report

by

Highlands NC Real Estate, Overwhelming Home Inspection Report

Highlands NC real estate

Lynn Kimball, Highlands NC real estate

When it comes to Highlands NC real estate transactions there are times when buyers are caught off guard by an overwhelming home inspection report. While every home inspection will reveal issues with a home, there are times when the magnitude of the issues is a lot to take in. An experienced Highlands NC REALTOR will help navigate the issues and further negotiate to ensure that a buyer’s best interest is considered.

The inspection contingency is important

Every purchase contract for a Highlands NC home for sale should include an inspection contingency. This is true even for a fixer-upper. Furthermore, buyers should know the condition of a home whether it is being sold as-is or not. A report will reveal issues that help a buyer understand the condition of a home as well as whether he still wants to move forward with the purchase.

What are big issues?

Big issues that arise from a home inspection are those that question the integrity of the systems or structure of a Highlands NC home. When inspection results signal possible issues with the roof, foundation, electrical, or plumbing issues then experts should be called to determine the scope of the issues. These results present a choice, to negotiate further with the seller or walk away from the deal. There is no doubt that an inspection report wrought with issues can interfere with a sale and cause angst.

Learn more about Highlands NC real estate

Contact me, Lynn Kimball, today to learn more about buying and selling homes in Highlands NC. I welcome the opportunity to update you on the market while answering all of your questions. Let my knowledge and experience serve as your guide to Highlands NC real estate.

Highlands NC Real Estate, Rising Rates Have Buyers Looking at Options

by

Highlands NC Real Estate, Rising Rates Have Buyers Looking at Options

Highlands NC real estate

Lynn Kimball, Highlands NC real estate

Rising mortgage rates have buyers looking at options when it comes to Highlands NC real estate. Borrowing money is more expensive than it has been in years and, as a result, buyers are taking a pause. Paying cash for a home is ideal when rates are high, however, many buyers do not have piles of cash laying around. Getting solid financial advice can be helpful in times like these. An experienced Highlands NC REALTOR can offer recommendations for reputable local lenders who can offer solid advice.

Impact of higher rates

The impact of higher interest rates is that buyers will be paying a lot more for a Highlands NC property. Rates of 7% and higher mean that people are paying far more over the lifetime of a loan than they would have been a few years ago. This equates to tens of thousands of dollars. Additionally, most loans are set up to pay more interest on the front end. As a result, there are many buyers considering delaying, or considering delaying, a real estate purchase.

Adjustable rate loans

An adjustable rate loan is a great option for anyone looking to buy Highlands NC real estate. An adjustable-rate loan typically starts with a low rate and a term. A 5-year adjustable rate loan, for example, will start with a low rate which in turn will ratchet up after 5 years. The good news is that a low-rate loan is achieved for the first 5 years. The reality is that most people look at an adjustable-rate loan as a short-term fix for high rates, looking to refinance in 5 years. However, if rates are still high in 5 years the refinance may not hold much appeal. It is important to base decisions on data and facts as there is no crystal ball to reveal where rates will be in the future.

Learn more about Highlands NC real estate

Contact me, Lynn Kimball, today to learn more about buying and selling homes in Highlands NC. I welcome the opportunity to update you on the market while answering all of your questions. Additionally, I will happily recommend reputable local lenders for you to meet with. Let my knowledge and experience serve as your guide to Highlands NC real estate.

Click here to read “Buyers Embrace Adjustable Mortgages as Rates Surpass 7%” from REALTOR Magazine.

Highlands NC Real Estate, Closing Costs Are Not Just For Buyers

by

Highlands NC Real Estate, Closing Costs Are Not Just For Buyers

Highlands NC real estate

Lynn Kimball, Highlands NC real estate

When it comes to Highlands NC real estate, it is important to understand that closing costs are not just for buyers. Understanding the full financial picture is essential when selling a property. Furthermore, sellers do not want to be caught off guard at the closing table. An experienced Highlands NC REALTOR can explain the process, including involved expenses, while providing access to the final settlement prior to arriving at the closing table.

Closing costs

Closing costs are the costs associated with finalizing a Highlands NC property sale. The exchange from a seller to a buyer has many steps to it, including an inspection, a title search, and often a mortgage. But these are but a few. There may be HOA settlements, liens, and commissions to be paid as well. Closing costs can be specific to the buyer or the seller but they can also be shared. Furthermore, costs can be negotiated. Often the costs of inspections, appraisals, and repairs are negotiated to be shared.

Know what the costs are

It is essential to keep up with expenses once a Highlands NC home for sale is under contract. While every contract may be different, one thing is for sure: every contract will involve costs associated with the sale. Know which expenses are tied to the seller and which are tied to the buyer. The settlement sheet will be provided before closing, listing various expenses and responsibilities. It is essential to look over this statement to make sure that it is correct and that you know what to expect.

Learn more about Highlands NC real estate

Contact me, Lynn Kimball, today to learn more about selling homes in Highlands NC. I welcome the opportunity to update you on the market while sharing a complimentary listing presentation at the same time. Let my knowledge and experience serve as your guide to Highlands NC real estate.

Click here to read “Sellers Have Closing Costs Also” from Realty Times.

Highlands NC Real Estate, Mortgage Rates Rising

by

Highlands NC Real Estate, Mortgage Rates Rising

Highlands NC real estate

Lynn Kimball, Highlands NC real estate

Anyone considering buying or selling Highlands NC real estate is aware of the fact that mortgage rates are rising. The rise is daunting for many. For buyers, this means a higher cost for buying a home. For sellers, this can mean that fewer people are looking to buy or will want to lower offers to offset the overall purchase cost. Ultimately, while mortgage rates are rising, real estate transactions will continue to occur.

Look for options

Anyone looking to purchase a Highlands NC home for sale should take time to shop around for a mortgage. Interest rates have a big effect on the overall cost of a home over time. As a result, when rates rise buyers look at more creative ways to finance real estate. Meeting with private lenders, banks, and mortgage companies can help buyers locate the best rate available while also examining different types of mortgages. A REALTOR will be able to recommend reputable local lenders. Interviewing as many lenders as possible will leave buyers with knowledge and options.

Adjustable rate mortgage

A buyer may consider an adjustable rate mortgage as opposed to locking in a 30-year traditional fixed rate loan. An adjustable-rate mortgage offers a lower rate for a certain time and then will ratchet up. Many buyers hope that by the time the low rate expires interest rates will have come down and they can refinance. An adjustable-rate mortgage is just one option for finding a lower rate.

Learn more about Highlands NC real estate

Contact me, Lynn Kimball, today to learn more about buying property in Highlands NC. I welcome the opportunity to update you on the market while answering all of your buying and selling questions. Additionally, I can connect you with reputable local lenders. Let my knowledge and experience serve as your guide to Highlands NC real estate.

Click here to read “Experts: Buyers Should Shop Around for a Mortgage as Rates Rise” from REALTOR Magazine.

Highlands NC Real Estate, Sellers Not Always Honest

by

Highlands NC Real Estate, Sellers Not Always Honest

Highlands NC real estate

Lynn Kimball, Highlands NC real estate

When it comes to Highlands NC real estate, buyers should be aware that sellers are not always honest. Sellers are required to disclose issues with a home. Unfortunately, often sellers do not disclose important information which can lead to surprises for buyers. While there is recourse for buyers who are consciously misled, many issues are minor. An experienced Highlands NC REALTOR will work hard to get full disclosure.

What is disclosure?

Disclosure in a real estate transaction is a requirement for sellers to reveal issues with a home. This can include everything from informing a buyer about a tricky door lock to a leak in the roof. Every home is flawed to some degree. After all, every home inspection will reveal a list of items that are in need of repair or replacement. Ultimately, not every item on an inspection list is a big deal. Additionally, a homeowner may not be aware of every little thing.

Ask questions

Buyers should push for full disclosure. Likewise, when sellers sign off on disclosure statements, they are holding themselves accountable. It is important to not only get a statement but ensure that the questions are asked. A buyer cannot force honesty but by asking the right questions can certainly get as much information as possible about a Highlands NC property.

Learn more about Highlands NC real estate

Contact me, Lynn Kimball, today to learn more about real estate in Highlands NC. I welcome the opportunity to update you on the market while answering all of your buying and selling questions. Understanding the process is an important part of every transaction. Let my knowledge and experience serve as your guide to Highlands NC real estate.

Click here to read “Survey: 94% of Sellers Don’t Disclose Property Defects” from REALTOR Magazine.

Highlands NC Homes, Curtains & Shades Frame Windows

by

Highlands NC Homes, Curtains & Shades Frame Windows

Highlands NC homes

Lynn Kimball, Highlands NC real estate

Curtains and shades frame windows and add design flare to Highland NC homes. Whether simple or ornate, window treatments can change the look and feel of any room. Understanding how to best compliment the style and design of a home and its rooms is important. While some homeowners have a natural eye for design, others require the help of a professional. An experienced Highlands NC REALTOR can help recommend local designers and window treatment experts to help you complete the design of your home.

Windows are coveted

Windows are a critical component of every Highlands NC home. In addition to letting in light, windows embrace the stunning views offered by our mountain setting. As such, how they are highlighted in a home is important. Nature and light are what is important to most homeowners and it is important how they are framed. More often than not it is important to let the focus be on the window and its view and not the window treatment.

Room dictates window treatment

Every room has different needs. A bedroom, for example, requires window treatments where a living room, kitchen, or dining room may not. Additionally, many people like having blackout shades or curtains in a bedroom to ensure a good night’s sleep. A bathroom is typically a room that requires window treatments as well. A shade is easy to pull down and offers privacy. Ultimately, window treatments serve as both a design element and a privacy element.

Many choices

There are so many choices when it comes to window treatments, Draperies can be simple, with the material in solids or stripes. Or, draperies can be ornate. Similarly, sheer curtains can have a little oomph from a fabric valance. Of course, there are myriad other choices as well, from roman or roller shades to wood shutters and tinted windows. Taking a look online at sites like Houzz and Pinterest can open up a world of options and help people decide upon their own style.

Learn more about Highlands NC homes

Contact me, Lynn Kimball, today to learn more about Highlands NC real estate.  I welcome the opportunity to update you on the market while sharing design trends I am seeing at the moment. Let my knowledge and experience serve as your guide to Highlands NC homes.

Click here to read “Et Tu, Draperies? The Rise of Roman Shades” from Realty Times.

Selling Highlands NC Real Estate? Make Needed Repairs

by

Selling Highlands NC Real Estate? Make Needed Repairs

selling Highlands NC real estate

Lynn Kimball, your guide to Highlands NC real estate

Are you selling Highlands NC real estate? Make the needed repairs to your home. The reality is that items that need fixing will appear on a home inspection list. Additionally, potential buyers will notice obvious issues. Ultimately, fixing, repairing, and replacing can help a Highlands NC home for sale look its best when it hits the market.

Assess the condition of a Highlands NC home

Walk through a Highlands NC home prior to listing it. This is a great time to make notes on what is working, what needs attention, and how a home looks. In the end, your list will reveal which repairs and which will require a professional. Making repairs will pay off in the end.

What to look for

Surfaces in a home should be in good condition. This includes counters, walls, and floors. Walls should be free of holes and may benefit from a fresh coat of paint. Likewise, flooring should be clean and in good condition. Carpets should be cleaned but if they are worn they should be replaced. Likewise, hardwood floors may need refinishing. Another important thing to inspect would be doors, drawers, and windows. Everything should open and close easily and repaired if they do not.

Systems and appliances

The plumbing, electrical, hot water heater, and HVAC systems should all be operable in a home. Repairs and replacements will go a long way when it comes to the home inspection process. Likewise, all of the major appliances in a home should be operable. When too many items in a home are out of order it will have a negative effect on how buyers look at the home.

Learn more about selling Highlands NC real estate

Contact me, Lynn Kimball, today to learn more about selling Highlands NC homes. I welcome the opportunity to update you on the market while sharing a complimentary listing presentation at the same time. Let my knowledge and experience serve as your guide to selling Highlands NC real estate.

Click here to read “10 Things That Will Absolutely Kill Your Home Sale” from Realty Times.

Highlands NC Homes, Repair or Replace Appliances?

by

Highlands NC Homes, Repair or Replace Appliances?

Highlands NC homes

Lynn Kimball, Highlands NC real estate

Many owners of Highlands NC homes wonder, should they repair or replace appliances? It is a great question. How much effort should we put into keeping appliances alive? And, when should we call it quits? The answer is complicated because appliances have been difficult to find in recent years. Additionally, service technicians are fully booked out. As a result, patience is a necessity whether repairing or replacing!

Considerations

Many homes in Highlands NC are older and, as a result, have older appliances. The age, condition, and availability of an appliance come into play when deciding whether repairing or replacing is in order. Furthermore, appliances become discontinued and sizes change. If a built-in ice maker can no longer be found in the same size then a homeowner is faced with a challenge. Is it worth renovating a kitchen to make room for a new size of a particular appliance? Can your current appliance be repaired?

Cost

The cost of a repair and the cost of a replacement should be weighed. As a general rule, the repair cost shouldn’t be more than half of the value of a new appliance. Likewise, is there a built-in value related to a new appliance? A new appliance will likely be more energy efficient than the older version. This can add value to energy consumption as well as reduce the carbon impact of a home.

Learn more about Highlands NC homes

Contact me, Lynn Kimball, today to learn more about Highlands NC real estate. I welcome the opportunity to update you on market conditions while answering all of your buying and selling questions. Let my knowledge and experience serve as your guide to Highlands NC homes.

Click here to read “When to Repair or Replace Your Appliance” from House Logic.