Realtors are Your Local Referral Database

Realtors are an excellent way to not only buy homes or land, but to find out who the best sub contractors, vendors, stores, shops, dealers, and any other place to buy “Stuff” and services. This is very often taken for granted, and if you merely ask, you will receive.

For example, I can tell you the best grocery stores in Murphy. I know where to buy meat and where not to. Need a lawn service? How about a contractor to build a house? Garage? Best place to buy a washer? What about the best burger joint in town (and no, McDonald’s doesn’t count.)? What school district would you trust with your kids? You name it… we know it or can find out.

I can send you to the right person just about every time when you’re looking for something in Murphy, North Carolina. Cherokee County is a big place, and so is every other county. No matter where you’re at… save yourself the trouble… ask a Realtor.

John Poltrock – REMAX Mountain Properties – www.MyMurphy.comJohnPoltrock@gmail.com – Call us toll free at 1-866-687-7496

Great Market Timing

Everyone seems to be talking about how “bad” the real estate market is right now. For those of you who like to gossip about it, I hate to break it to you. No the sky is not falling!  In fact, now is the time to buy real estate.  Interest rates are still at a historically low rate.  Remember back in the 80’s when the interest rates were around 18%? Your $150,000 mortgage payment would have been a whopping $2,260.63 as apposed to today’s much lower $923.58. How’s that for a difference?

 Many of our local banks and mortgage brokers are true professionals. There are so many mortgages products available today compared to even ten years ago.  First time home buyers have it great with many of the incentive packages being offered right now – such as no PMI (read: fancy acronym for mortgage insurance) and 100% financing. Be sure to do your research and find out which bank offer you the best product BEFORE you fill out their credit application. Want good local bank references? Call me. I’ll be happy to point you in the right direction. You can also visit our Recommended Mortgage Lenders on our Gotta Guy List.

If you think now is the time to sit on the fence – you’re wrong. Ben Bernanke (Federal Reserve Chairman) is considering raising rates to cool rising inflation as a result of the stock market boom and other economic factors. What good is saving $1,000 up front when you’re paying that much or more every year for thirty years on your mortgage? Think long term and you’ll be better off than ever.

Not only that, there’s a lot of choices on the market. Finding and buying your new home is much easier than you think. Call me today at (828) 837-3002 to arrange an appointment to go over all the excellent options you have available. In less than 30 minutes, you can be well on your way to owning your own home.

John Poltrock – REMAX Mountain Properties- www.MyMurphy.com – Call us toll free at 1-866-687-7496

For Sale By Owner (FSBO) Works in Murphy NC and in the United States!

Consumers – there’s something you’ll never hear from most real estate agents. Selling For Sale By Owner Works! Did you know that it works only 20% of the time? You can sell your property on your own and be successful, but the 80/20 rule is stacked against you. Regardless of whether its in my town of Murphy, North Carolina or the heart Washington state, 80% of sellers are unable to successfully sell their home.

Why do you ask? Think of your personal shopping experiences. Think about your largest investments. When you bought an engagement ring, where did you buy it? Where do you have your 401(k) or IRA? Did you buy your ring at a jeweler? Does a well recognized stock brokerage firm keep safeguard over your retirement portfolio? Most of you reading this will agree you work with professionals when looking to make a large purchase or investment. Some of you won’t. Either way, it is the difference between shopping at the Mall and shopping at the Flea Market.

National Association of Realtors (NAR) Statistics show 90% of buyers work with an agent. That’s a lot of buyers. The others look FSBO because they’re looking to buy cheap just like you would look on eBay. They don’t go to FSBOs to spend top dollar because they want to save money just like they would at the flea market! You should want quality buyers who are willing to go to the jeweler to find the perfect diamond. With a Realtor, you won’t have to worry about marketing, signage, market statistics, deed preferences, contracts – any of that.

For Sale By Owner does work. You must ask yourself – do I want top dollar? Do I want to sell as quickly as possible? Do I want help from someone who knows the tricks of the trade? If the answer is yes, find a qualified Realtor. I’d be happy to refer you to a great agent in your area if you don’t know one.

Now ask, Do I want to give someone a good deal? Sell cheaply? Go through all the marketing process? Price my home by what the neighbor says he sold it for? Hope the buyer who might come up doesn’t walk because there’s nothing to hold him? If you answer yes to that, try to sell your home yourself. Try it for a while, but when you see a poker player, ask him or her if they’d go all in on a 20% chance.

John Poltrock – The Poltrock Team – REMAX Mountain Properties – www.MyMurphy.com – JohnPoltrock@gmail.com – Call us toll free at 1-866-687-7496

iLoveMurphy.com Disclaimer

This blog is done as a service to our clients and those searching for information on a variety of topics. The information here is deemed reliable but is not guaranteed. Upon entering the site, you accept that we hold no liability in any form for anything located in this blog – whether you have seen/read this post or not. All recommendations, information, and anything else is as accurate as we can make it. We do recommend you do your own research and verify any information herein.

With all that legal mumbo-jumbo out of the way, please enjoy! This blog is here for you to use and for us to transfer the information, thoughts, and experiences in our brain to you. We look forward to helping you and being your resource in the mountains of Murphy, North Carolina!

Please visit our real estate website located at www.MyMurphy.com.

The Benefits and Beauty of Lake Hiwassee

Lake Hiwassee is a beautiful lake situated in the mountains of Murphy, North Carolina. Being the largest lake in Cherokee County, it offers a lot to boaters, fisherman, campers, and more. It takes up 6,280 acres and is made by dams on either end. The Tennessee Valley Authority (TVA) is the government agency responsible for regulating and maintaining its integrity.

Almost entirely surrounded by U.S. Forest Service, there is very little land available on the lake itself. In order to find a lake lot or home, you almost have to buy in Bear Paw Resort in the Hiwassee Dam area of our county. Many of the lake houses have an amazing view of the water and look on to Forest Service land on the other side of the lake. Because of that, their view will likely remain natural for our lifetimes.

Many skiers love the lake because the water is like glass most of the time. The mountains and fingers on the lake keep it smooth and prevents it from being choppy like many lakes with large open channels. It starts close to downtown Murphy and extends for 22 miles. Since it is surrounded by the Forest Service, you can camp all along the shoreline. Not only that, it is not heavily trafficked since their are very few homes on the water. It truly is a place where you can take your family and be safe, comfortable, and have a good time.

*Note* – You will find a common misspelling reading Lake Hiawassee.

You can also read our newer article with more specifics on Lake Hiwassee in Murphy, North Carolina

Where You Can Expect Your Best Return on Investment in Murphy NC Mountain Real Estate

I’ve been working with a couple today who first called me on Lake Homes and Lots then did a total switch up on me. We ended up looking at homes with a great mountain view, and they now have two choices they really like. One in Hibberts Mountain and the other in Indian Rock Springs.

Anyway, I digress before I even get started. In speaking with them, it brought me to a great point which I have been relaying to my customers for some time. There are three types of properties in Murphy that have an exceptional appreciation rate and do well historically. The three types are: 1) Lakefront 2) Mountain View 3) Water front – i.e. creek, branch, and river frontage.

Lakefront – As with many markets all over the U.S., it’s a great investment and property you can enjoy simply by being on the water. Here in our area, there’s several differently lakes to enjoy. Lake Hiwassee (you’ll see some misspellings, Hiawassee is a common one), Appalachia, Lake Chatuge, Blue Ridge, Nottley, Nantahala, and Santeelah are some of the the lakes people enjoy here in the North Carolina Mountains. I’ll go more in depth on some of these in a later blog.

Mountain View – Just like the quality of anything you can buy, mountain views vary. You could have a little glimpse of a mountain or one where someone else’s trees could grow and block your view. The best views are generally considered multiple layers of mountains where you control the views – in other words, you can cut trees or whatever is in your way because you own the property in front of you where the trees could grow up. Close up mountains are also great, depending on the ridge line and other factors.

Water Front – Think varying ranges of moving water here. A "branch" is the smallest, usually considered to be 4-6 inches at most. Over 4-6" would be considered a creek and can get several feet wide. Rivers are, well, rivers. In Murphy, we have three main rivers: Hiwassee, Nottley, and Valley. All of which are beautiful and quite clean and clear water.

These are great investments for the long term and in some cases, the short term. It’s quite common to see double digit returns on these properties (annually). If you love the water or mountain views, fear not! Your purchase today can lead to a lifetime of enjoyment, or at the least, a better return on your money than you can find in any CD.

John Poltrock, CRS – Call Toll Free 1-866-687-7496 to make your real estate investments – www.MyMurphy.comJohnPoltrock@gmail.com – The POLTROCK TEAM at RE/MAX Mountain Properties in Murphy, NC

Information on Drilling A Well in Murphy and Cherokee County, NC

How much does a well cost? Who can I use to drill my well? Should I buy land without a well? How deep will I have to go to get water? What’s the chance I won’t get water? What happens if it goes dry? What kind of minerals are there going to be in my water? Will my water be good?

These are all questions I hear regularly when my clients and customers are looking buy real estate in Murphy, North Carolina. The truth is, these are all very pertinent questions that every buyer and investor should ask. The mountains make “hitting” water much different than flat land. The real advantage here in Cherokee County is that we have some of the purest, best tasting water come straight from a well and to your tap.

When it comes to wells, here’s a good summation – there are no guarantees. There’s good news though – experienced well drilling companies are a tremendous, and quite reliable, resource that can give you answers to your questions depending on the area you find your property. We frequently use and recommend Cherokee Well Drilling due to their extensive knowledge and many, many, many wells they have drilled.

Certain areas are prone to mineral deposits that can show up in your water supply. On the same note, certain areas are notorious for having deep and/or low yield wells. For example, parts of Hanging Dog, Wolf Mountain, Indian Rock Springs, and a few others are notorious for having deep and low yield wells. These really aren’t the norm but illustrate how you can ask to make sure the piece of real estate you choose is in a “safe” location.

Here’s the answers to many of those common questions. Yes – you can buy land without a well. People do it every day and end up just fine. Many swear they have the best water in the country. The answer to the rest of the questions? Ask your local well source, look at the neighbor’s well, and find out the history. The beauty of well water is that it is clean, pure, and reliable source of water. I, too, have a well I use every day and love it! You can also send your water to the state for a nominal $25 fee and find out the mineral content and whether there is any contamination from bacteria for only $10 more.

To sum it up, wells are a great source of water. Just ask a professional when you find the land you love and you won’t have to worry about sleepless, or thirsty, nights.

John Poltrock – The POLTROCK TEAM at REMAX Mountain Properties – Murphy’s #1 Real Estate Team – www.MyMurphy.comJohnPoltrock@gmail.com – Call Today Toll Free at 1-866-Murphy-NC or 1-866-687-7496

Murphy has new bank offering great land loans

Many of our customers and clients come to the mountains of Murphy looking to purchase real estate they can hold on to for many years and enjoy. Quite a few are specifically looking for an acre lot or more and want to build their cabin in a couple of years when they retire or have more “spendable” money.

Great news! Nantahala Bank has just had their grand opening (in their new, full service office) and offer exceptional loan programs. I have personally used their products (checking, land loans, and construction loans) with great results. They have an excellent team that truly works together for the client.

In regards to the land loans, they have many options. 3-15 year amortization, interest only, great rates, and a whole lot of others in between. They’re a great local bank and you can find them on the web at www.NantahalaBank.com

Nantahala Bank Logo

Image Courtesy of NantahalaBank.com

We need YOUR help naming our Building!

Good evening all! We have been mulling over what to name our new office building, and we can’t figure out! Perhaps you can help by telling the name of an office complex you have seen or by making up a new one. Here’s a few facts that might help you come up with a name:

-3 stories, 6,000 sq. feet on each level

-RE/MAX will be on the second floor (sorry, one rule is that RE/MAX can’t be in the name)

-It’s a professional building – the 1st floor/basement is rental space and stores. The third floor is partially ours, but mostly going to be rented out to builders and other professionals (individual offices)

-it’s designed with A LOT of stacked rock, a beige colored stucco, and looks REALLY sharp

-it’s on highway 64 West in Murphy, North Carolina (Cherokee County)

-It’s either the largest or really close to the largest professional building in the county

Please feel free to ask me any questions – I’ll be watching this post carefully. We need to name it ASAP and haven’t got a name we like.

Our building has been named Cornerstone, and you can find Directions to Cornerstone and RE/MAX Mountain Properties in Murphy NC Here

Solve Your Computer Back-up Problems Effectively and CHEAPLY!

If you have the same problems I had with computer back-up, this is for you. I bought a 100 gig hard drive to backup all my client folders, pictures, music, and everything-else-known-to-man. The only problem is to protect the drive, I had to always keep it disconnected from power and my laptop. Then I had to go through the hastle of reconnecting it, transferring everything over, and then disconnecting it when I was done.

No more! For less than the cost of a back-up drive, you can back up your computer AUTOMATICALLY and securely using an online service. Merely tell it what drive(s) you want to back up, and it will do the rest for you all the time. There’s no space limit whatsoever. My back up is over 21 gigs and there are no complaints from them.

Check it out – it’s well worth the investigation and the money because you never know when your computer will takes its last breath.

Use this link to download a free 15-day trial subscription to Carbonite, and get an extra free month of service when you buy:  www.carbonite.com/raf/signup.aspx?RAFUserUID=77443&a=0