What You Should Know About Credit Reports

Your credit score is one of the most valuable things you own but it can quickly turn itself around and work against you. A low credit score will directly affect your ability to borrow money and may get you rejected for that mortgage loan you applied for. With a low score you may get your loan but at a higher interest rate because the lender sees you as a high risk. A credit report will show you what your score is, good or bad. It’s very important to know what it is as this could prevent you from buying your dream home!
 
Things to Know About Credit Reports
Many people either don’t understand the ins and outs of their credit score or they have inaccurate information about what it is. If you are about to start your search for real estate, you should prepare ahead of time and work to increase your credit score. The following information should pave the way for you to do that.

1. Credit reports aren’t always accurate. Many have errors or mistakes — 80 percent, actually. Regularly check your credit report. Everyday we hear about thousands of credit cards being compromised through the hacking of large retailers’ security and payment systems.

If your personal information gets compromised, a thief will open up financial accounts in your name. However, they will not pay the bills, and this will ruin your credit. Those unpaid bills will be reported to the credit agencies and will affect your ability to buy a car, rent a home, purchase real estate or even find a job. It pays to keep a close eye on your credit scores and your credit card accounts then report any suspicious charges immediately.

2. Pulling your credit score may lower it.
A “soft” pull is done yourself for personal reasons; it will have zero effect. A “hard inquiry” is when a lender pulls it up for loan approval. It will have a negative impact, but small. Multiple hard inquiries within a 14 day period many not impact your score but spread over a longer period it definitely will.

3. A higher income does not equal a higher credit score. Income is not relevant to credit score; paying bills on time (or not) is what matters as is the amount of debt you’re carrying.

4. Credit scores and credit reports are not the same. Credit reports are just one piece of the equation. Many factors go into calculating your credit score. What matters is making sure the three large credit bureaus have similar information and scores. The three big credit reporting agencies are Equifax, Experian and Transunion. You can get one free credit report a year from each. Take advantage of this to protect yourself and stay current with your score.

5. Debt settlement will not remove debt from your credit report. Debt settlement doesn’t fix bad credit. Late payments, bad information and other smears remain for up to seven years following the first “infraction” date.

Perfect Credit Score 800+6. Cash-only payments will not help you build credit. You can’t build good credit unless you use credit, and use it wisely. Get a couple small loans or credit cards and pay them off as you use them.

7. Closing your credit card accounts will not improve your credit score. Closing a card lowers your amount of disposable income: the ability to pay off other debt. You don’t want to lower “credit utilization” by closing out a card.

8. Smart management of your various banking accounts is not reflected in your credit score. These are not reported to credit bureaus and thus have no impact. But smart management means you are probably paying your bills on time.

9. Dispute inaccurate information to remove it from your credit report. You can dispute only errors. A valid dispute will result in deletion of inaccurate information. Disputing negative, but accurate, information will be a waste of your time.

10. Missed payments will affect your credit score. Any missed or late payment can be reported to a credit bureau and probably will be, thus affecting your credit score negatively. There is no undoing this once it’s done.

Do everything you can to get your credit score as high as it can be then when you’re ready to look at real estate, give us a call at Sloane Realty. We can be reached by calling 866-931-5201.

 

Tips for Relocating to North Carolina with Children

So you’ve made the decision to relocate your family to North Carolina. Congratulations! Winter will never be the same for you again – and that’s a good thing. When your plans involve searching for a new home to purchase you’ll like the North Carolina coastal real estate we have available. Families and retirees alike love this coastal area not just due to the lower cost of living but also because of the more temperate weather than they’re used to. If cold temperatures are something you can ever get used to then this is the place for you.

A Stressed out Child - No More with a North Carolina moveAs exciting as a new home is, the move itself can be stressful if you don’t plan ahead. While moving can be a labor of love for adults, it can can be stressful for children. It’s not easy for them to say goodbye to all of their friends. A long distance move to a new area and a new school where they won’t know anybody, might be more than they’re ready to handle. We have some tips on relocating to offer you that may help things go a bit smoother with the kids.

Talk to Your Kids about the Move

Kids playing on a North Carolina BeachTalk to your kids early on about the family moving to a new area. If you’re fairly certain you’re going to be buying a new home then take the time to gather information of all the advantages to living there and the fun things there will be to do once you become residents.

Use a Map or Globe

Tips for Relocating to North Carolina with ChildrenUse a map or a globe, especially for younger kids, to show them where you live now and where you’ll be moving to. Don’t forget to also point out where other family members live that may not be nearby.

Do Research Online

Tips for Relocating to North Carolina with ChildrenDo research online with your children ahead of time and again after you’re moved in. Let them help you with the Google searches of the area and you might be surprised at what they’ll discover. Assign them a research task like where the family will get their groceries, how close the schools are to where you’ll be living, and where the parks are in the area.

Check out the Local Schools

Tips for Relocating to North Carolina with ChildrenCheck out the schools your children will be once you’ve moved in. Visit the school ahead of time – first on their website and then in person. Don’t make their first visit to their new school on their first day of classes.

Tips for Relocating to North Carolina with ChildrenWe think you’ll find that once your kids begin talking to their friends about their upcoming relocation to North Carolina the input their friends provide will turn things in a good direction. Their friends will be excited for them and are going to want to come and visit — the ocean, water parks and amusement parks, too. In fact, it might be a good idea to mention that early on in the process.

Experience has shown us that once your children start telling their friends all about North Carolina they’ll look forward to the move filled more with excitement than with stress. If you have any questions about the local area or would like to see some properties, just get in touch! Give us a call at Sloane Realty, 800-237-4609.

We look forward to hearing from you today!

The Difference Between a House vs. Home

Have you ever questioned what the difference is between a house and a home? As experts in the field of real estate we are frequently asked this question. A house is what you purchase and a home is what it becomes once you move in and settle down. You’ll often see that we advertise beach homes for sale far more often than houses for sale. That’s because our homes for sale have a way of holding onto the essence of what makes a house a home long after the sellers have moved out. It’s that comfort factor that makes a house get snatched right up.

Whether you call it a house or a home matters little in the home buying process. What does matter is the Realtor you use to find your next home. Give us a call at Sloane Realty 800-237-4609 and we’ll gladly show you around the area.

In the meantime, check out these upcoming events taking place nearby.

BridalShow

The always popular Silver Coast Bridal Show is taking place from 1-4 p.m. on Sunday, January 25 at the Silver Coast Winery in Ocean Isle Beach. Meet local wedding vendors and discover more of their services, including catering, photography, officiating, cakes, DJs and entertainment, event rentals, limos, venues, event planners, florists, and more! Let the expertise of local wedding professionals make your wedding day extra special. There will even be a DYI booth to help you create your favorite Pinterest centerpiece. Free admission. 6680 Barbeque Road, Ocean Isle Beach, NC.

Runners

 

The 2nd Annual Beethoven 15k/5k takes place on Sunday, January 25 at 8:15 and 9 a.m. at the Brunswick Forest Fitness Center, 2701 Brunswick Forest Pkwy., Leland, NC. Featuring unique picturesque courses through beautiful Brunswick Forest, snazzy tee-shirts, customized 15K finisher medals, inside bathrooms and locker rooms, and a post-race party at the Fitness Center in the Leland Room with adult beverages, good food, vendors and exhibitors.

There is a costume awards category for athletes wearing Beethoven wigs, carrying musical instruments, or just wearing the costume of your choice. The goal is to strike a balance between athletes looking for a serious 15K or 5K race and those looking to have a fun day and enjoy the race and post race festivities with friends and fellow runners in the 15K or 5K.

The event is a fundraiser for the Wilmington Symphony Orchestra and its youth education programs.  Perfect tune-up race for late winter and early spring marathons and half marathons!  Individual and 4-person team entry categories are available. The event offers 5K and 15K races, and 1K, 5K and 15K walks. Price range $35-$50.

How to Shake Up Your Christmas Holiday This Year

This year why not do something different in celebration of the Christmas holiday. Come spend the holidays on the Brunswick Islands off the coast of North Carolina. If you’re coming to just get away and relax, we have plenty of holiday vacation rentals where you can comfortably stay and at an affordable price. But if you’ve been thinking about relocating, why not come to the area and let Sloane Realty show you the coastal properties we have for sale at this time. You’ll be getting double duty out of your holiday vacation and who knows, you just might buy yourself a new house for Christmas!

We’ll list some local activities and events taking place this month so you’ll have something to do between relaxing and looking at homes

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The annual North Carolina Christmas Festival and Parade will be held in Leland on Dec. 13 from 10 a.m. to 4:30 p.m. with a tree lighting December 12 at 6 p.m. at the Leland Town Hall Park. The parade is from 10 a.m.-noon, and will follow Village Road from the First Baptist Church to the North Brunswick Shopping Center. Immediately following the parade, the free Christmas Festival will begin and last until 4:30 p.m. There will be food vendors, children’s entertainment, lots of music and dance troupe performances.

TastesOfChristmas

The 2nd Annual 12 Tastes of Christmas will be held Friday, December 12 from 7-10 p.m. at the Brooklyn Arts Center, 516 N. 4th St., Wilmington. This holiday tasting party to benefit adult literacy in the Cape Fear area. The all-inclusive benefit will feature 12 food and drink pairings, music and more – all in the spirit of the season. Tickets are $30 and include food/drink tasters. Cocktail or festive attire encouraged!

BoysChoir

Come experience a Coastal Carolina Christmas on Friday and Saturday, Dec. 12-13 at St. Paul’s Episcopal Church, 16 North 16th St., Wilmington. This is a fundraiser to benefit the Wilmington Boys Choir, Samaritan Ministry, and Mother Hubbards Cupboard.

Friday Dec 12: Ceremony of Carols followed by champagne and chocolate reception. Featuring the Wilmington Boys Choir at St. Paul’s and the St. Paul’s Choir, plus…a carol sing-along.

Saturday Dec 13: Christmas Cabaret, an evening of jazz and standards with Grenoldo Frazier. Dinner by the bite, wine pairings, and seasonal cider plus a silent auction. Admission. See more detailed information on www.spechurch.com.

All of us at Sloane Realty would like to wish you and your family a very Merry Christmas!

 

The Best Coastal Retirement Properties

When it comes to retirement one of the best things about it is the freedom to be able to move to wherever you truly want to live. Many people, after retirement, relocate to a warmer location such as our coastal North Carolina. Here you can play golf year round yet it doesn’t get as incredibly hot as it does further south like Florida, for instance. Moving to this area will provide the added benefits of a lower cost of living, more retirement properties available and more communities we suited to retirees. Some of the best coastal retirement properties that we have are located right here in the coastal Brunswick Islands of North Carolina.

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Holden Beach Retirement Properties

We have Holden Beach homes that include features you’ve earned in your next house such as gourmet kitchens both indoors and out, elevators, hot tubs, whirlpool tubs and master suites with walk-in closets and fireplaces. These homes, many single level, were built with attention to detail and will make a big difference in the quality of your living environment. The manicured landscaping shows pride in ownership to anyone passing. From outside or inside many of these homes you can enjoy the limitless water views of the ocean, Intracoastal Waterway, salt marshes and the Shallotte River. If you’re looking for new a home consider Overlook at Caison’s Creek where luxury townhomes can be found less than a mile from the beach.

 

retire to north caorlina

Brunswick County Retirement Properties

When you’re ready to retire in comfort this might be the perfect location for you. Homes here include a full range of sizes and prices that anyone in retirement can afford. If it’s luxury you’re wanting, we have that too.An inventory that includes oceanfront home on the Brunswick Islands to homes further inland and close to Wilmington will give you a number of choices to select from. You can be as close to or far from the water as you’d like. No matter where you live in Brunswick County you’ll always be just a short drive from the coast as well as all that the City of Wilmington has to offer.

 

retire to north carolina

Sunset Beach Retirement Properties

As one of the South Brunswick Islands, Sunset Beach is a laid back, friendly beach community offering residents everything that comes to mind when you hear its name. Centrally located between Wilmington, NC and Myrtle Beach SC you’ll be well situated for easy access to a wealth of entertainment, dining, and amusement venues. For new homes check out Cape Side, a small serene community. Strict architectural review guidelines have been followed to ensure that every home in Cape Side contributes to the overall aesthetic value of the neighborhood which includes well lit and maintained streets.

retire to north carolina
 

Ocean Isle Beach Retirement Properties

The Brunswick Islands area offers over 25 golf courses and miles of pristine shoreline. In this area you’ll be able to choose the perfect retirement home from new and pre-owned homes including single family homes and condominiums. Many retirees find the maintenance-free living that a condo provides to be exactly what they’ve been dreaming of. You may find your perfect lifestyle and dream home among the new homes in The Retreat at Ocean Isle Beach. Another new community, Waterway Cove, is located on the mainland of OIB and we’d be happy to show you homes there as well.

If you’d like to talk with a Realtor at Sloane Realty we’d be happy to set up a time to get together. You can reach us through the Contact Us page here on our website or by calling us at 800-237-4609. We’d love to show you around the community!

5 Most Popular Restaurants in Southport NC

Whether you’re vacationing in an area that’s new to you or you’re relocating to one, there’s a lot to learn about your new community that usually just takes time. But if you’re able to talk with people that live here or visit frequently, you’ll likely find out a lot of information based on their experiences. In the meantime, we know you have to eat so when it comes to dining out, we’re giving you suggestions for some of the most popular restaurants in Southport, North Carolina that you should really check out! Just tell them CB Sloane Realty sent you!

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Fishy Fishy Café is a popular seafood restaurant located at 106 Yacht Basin Drive in Southport. Dine indoors or outdoors, enjoy the live music on Friday and Saturday nights, and check out their Specials going on all the time.

Taylor Cuisine Café & Catering offers sit down restaurant service as well as a catering service for your events. Located at 731 N. Howe Street in Southport. Check them out on Facebook where they’ll occasionally post coupons for discounts on dinner.

Dead End Saloon Fish Factory Grille is a restaurant and bar offering arts and entertainment as well as great food selections. They can be found at 4907 Fish Factory Road in Southport. They have live music, fun dining, and plenty of cook-off’s offering cash prizes!

The Yacht Basin Eatery at 122 Yacht Basin Drive, Southport, is an Italian restaurant offering live music and house specials. They have specialty nights such as Pizza Night, BBQ Weekend, Pasta Night and more.

Loco Jo’s Bar & Grill at 602 N. Howe St., Suite E., in Southport is a Gastropub you’ll want to make at least one stop at. This casual eatery is locally owned and operated and offers Friday night dinner specials that are vast and varied. From Kobe Burgers to Lemon Grass Curry with Shrimp and Softshell Crabs to Crispy Duck, you shall not be disappointed when you dine at Loco Jo’s.

When you’re considering relocating to the Southport area and are visiting to experience the town firsthand, try out any of these restaurants and tell them we sent you. If you’re interested in seeing some of our Southport NC real estate give Coldwell Banker Sloane Realty a call at 910-579-1144 and we’d be happy to show you around during your visit to the area.

Why Right Now is a Great Time to Shop for Brunswick County Real Estate

This is the most beautiful time of year to be looking at our large number of Brunswick County homes for sale. Many of these homes are decorated for the holidays and it adds to the appeal when buyers tour the property. It’s easier to picture your own holidays spent living there when you experience the holidays there first hand.

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There is a beautiful assortment of holiday themes in the homes we’ve seen and if you have a home on the market we suggest you may want to have it professionally decorated for the holidays. It could very well be the difference in whether your property sells at this time of year or not.

If you’re in the market for a new home and would like to tour some properties, give us a call at 910-579-1808 and we’ll make arrangements to get together to look at some homes.

During this time of year the spirit of Christmas surrounds us all. Be sure to go out and take part in as many local events taking place over the holidays as you can.

From all of us at Sloane Realty, we wish you and your family a very Merry Christmas!

We Have Plenty of Affordable Vacation Rentals in Ocean Isle Beach

When you’re looking for the best rate on vacation rentals in Ocean Isle Beach check out our many affordable accommodations. We have a vast assortment of condos, villas, and single family homes that will provide you with all the comforts you would want when you’re away from home. With our many pet friendly homes, homes with pools, linen ready homes, and the many comfortable winter rentals we still have available you’re sure to find exactly the type of home you’re looking for. You simplywon’t find a better price on such a large number of Ocean Isle Beach vacation rentals as we have right here at Sloane Realty. Give us a call at 866-931-5201 if we can assist you with finding that perfect vacation rental.

Two of our most popular events are coming up this month. The 31st North Carolina Oyster Festival will be held October 19-20 in front of the Museum of Coastal Carolina from Sat. 9 a.m. – 6 p.m. and Sun. 9 a.m. – 5 p.m. The event features live entertainment, arts and crafts vendors, festival food, a road race, kid’s area and an Oyster Stew Cook-off. Festival goers can also enjoy watching the shuckers compete for the title of 2013 North Carolina Oyster Shucking Champion. $5.00 / Children 8 & Under Free.

 

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The second and equally popular event is the North Carolina Festival by the Sea being held October 26-27, 2013. This 2-day event kicks off with a parade down the Holden Beach causeway at 10 a.m. on Saturday. Arts and Crafts vendors are open from 9 a.m. to 5 p.m. on Saturday and 9 a.m. to 4 p.m. on Sunday. There will be a horseshoe tournament and a sand castle building contest. Children enjoy face painting, huge kites flying overhead and children’s rides and amusements. Live musical entertainment begins at 10 a.m. both days at Holden Beach’s new pavilion. Free admission and free parking.

We hope to see you there!

Baby Boomers are Relocating to Calabash NC

As baby boomers reach retirement age an increasing number of them are considering relocating to North Carolina. This generation unlike the ones that came before them do not want to retire to Florida where it’s too hot and over populated. Not when North Carolina has so much more to offer them. With the beautiful coast on one side and the mountains on the other, what’s not to love about North Carolina!

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The small quaint fishing village of Calabash, NC, is appealing to an increasing number of baby boomers. It could be because of the central location or the beautiful weather or maybe it’s all the golf courses that are in close proximity to Calabash that appeals to them. But we know that it’s the low prices on Calabash NC real estate and the affordable cost of living that the area provides that has them settling in to stay.

The Calabash NC real estate that we can show you has the features that babyboomers are interested in for their post-retirement homes. Features such as single level living, hardwood floors, stainless steel appliances in upscale kitchens with granite countertops and outdoor patios and screened in porches for easy entertaining when the family comes to visit.

When you’re considering a move to coastal North Carolina, look us up at Sloane Realty. We can meet with you and show you properties that are exactly what you’ve been hoping for. Give us a call at 910-579-1144.

Where to Find Great Deals on Oak Island NC Real Estate

For anyone hoping to relocate to Oak Island, North Carolina, our professionals at Sloane Realty can find you some great deals on Oak Island NC real estate currently on the market. Whether you’re looking for your first home, a retirement home, or something in between like a vacation home to enjoy at your leisure, we have an assortment of properties that would superbly meet your needs.

OakIsland

This beach cottage is located on Tranquil Harbor on Oak Island. You can just imagine what living in a place with a name like that would be like! With two bedrooms and two bathrooms it’s a manageable size for anyone. If you’re in search of a one story home, this is it! Act fast because Oak Island NC real estate never hangs around for long before someone buys it.

The Pirates Are Coming Festival will be held on nearby Bald Head Island beginning at 4:30 p.m. on August 2 and run through August 4. The pirates are coming and taking over the island for several days of unbridled revelry, with proceeds benefiting the Old Baldy Foundation. Events and activities include a Pirate Invasion, Pirate Block Party, sword fights, gun powder, pirate encampments, pirate parade and pirate costume contest, pirate schools, Duck Race, Silent Auction and more! Call 910-457-7481 for more information.

Another must-do event is the Port City Ribfest taking place at Cape Fear Community College in Wilmington from August 9-10, 2013. Don’t miss it!