Elizabeth and Reginald Poole Support The Poltrock team in Murphy NC

Posted by I Love Murphy on

I would like to thank John and the Poltrock team in Murphy, NC, for the personal and professional way in which they handled the sale of my property in Western North Carolina.

Because we live in Florida, all of my contacts with John were by telephone. I relied heavily on his advice and knowledge of the area. He was honest with me and answered all of my questions and concerns. I really appreciate his frequent feedback about the sale and subsequent closing on the property.

I would highly recommend John and The POLTROCK TEAM at REMAX to anyone interested in buying and selling property in Murphy, North Carolina.

Whether you’re ready to work with The Poltrock Team in Murphy NC or simply exploring the best things to do in Murphy NC, we’re here to provide trusted expertise and personalized service!

Elizabeth & Reginald Poole
Margate, Florida

Enjoy The Movie Theaters in Mountains of Murphy, North Carolina!

Posted by I Love Murphy on

I love movies! So here are the local Movie Theaters in Mountains that you might want to go see while you are in town to visit the beautiful Blue Ridge and Smokey Mountains! They are all great! I really love going to the drive-in…sometimes they have double features so you get a two for your money!

The Henn Theatre is a single cinema; however, it is really neat! It was built in 1934 and located in Downtown Murphy NC, so you could go to dinner, walk to the theater, then top the night off with some coffee. For more information on local attractions call The Poltrock Team!

Whether you’re exploring the best Movie Theaters in Mountains or looking for things to do in Murphy NC, The Poltrock Team is here to help you enjoy every moment of your mountain adventure!

Andrews Twin Cinema
125 Main Street
Andrews, NC 28901
828-321-3333
Henn Theatre
110 Tennessee Street
Murphy, NC 28906
828-837-2618
Field Stone Cinemas
1159 Jack Dayton
Young Harris, GA 30582
706-896-6843
Swan Drive-In Theater
651 Summit Street
Blue Ridge, GA 30513
888-469-1955

Written by Jessica Poltrock – Call The POLTROCK TEAM Today! – www.MyMurphy.com – 877-837-3002

Tips for Bargain Buying Real Estate in Murphy NC

Posted by I Love Murphy on

Real Estate in Murphy NC has been a hot topic here lately in the news – and its positive! Nationally, sales were up for the month of February. Ms. Lisa Floyd of Carolina Farm Credit was kind enough to send an article from USA Today that sums up what we as Realtors and mortgage lenders are seeing. Home mortgage rates have dropped to less than 5% and have spurred a race to buy a new home and to refinance current ones. Coupled with rock bottom low prices on homes, buyers are in search of great deals and good rates – and you’ll find them.

With that said – there are some things you really need to consider when you’re looking for a new home today.

Consider ALL the purchase options:

    • Foreclosures: if you’re a buyer, this is really becoming a hot topic. There are some great values on bank owned properties and then there are some rip-offs no matter what the price is. Don’t get caught up in the “allure” of buying a foreclosure. It doesn’t make you a “sophisticated” buyer or make you look like you’re on the cutting edge with your friends. There are many times as good or better buys that the bank doesn’t own. Look at ALL your options because many times there are better choices. (You can learn more about foreclosure buying and tips on our website www.iLoveMurphy.com . Search “foreclosure”)
    • Short Sales: This is another hot topic that not everyone knows about. This is where the current owner is selling their property for less than what they owe on it. The bank either forgives the difference or agrees to do a personal loan to the owner for the difference (in which the owner still has to pay back the lost money over time). I’ve seen several cases where there’s a better buy on short sales than foreclosures, so this is a good consideration. In this case, you MUST have patience because it will be very drawn out.
    • Sellers: this is the tried and true way and doesn’t have the fancy new lingo attached to it or make you sound sophisticated, and many times this is still the best way. Many homes have been owned for 10+ years and they can afford to sell it at a great value. Other sellers MUST move and are willing to take a hit to get on with their lives. There are thousands of other possibilities here and you should certainly not rule this out just because it’s not the “cool, new thing.”

Here’s what you must have when you buy a new property:

    • Patience: If you’re dealing with foreclosures and short sales, you better have patience and the ability to wait. If you need to move in to a house yesterday, you had better look at some other alternatives. Odds are there will be delays coupled with large amounts of waiting to find out about offers and more.
    • Patience: Nope – I didn’t stutter here. This is more important than anything. Sometimes you won’t find what you’re looking for right away. You’ll have to be willing to tell your Realtor to look ACTIVELY for you and be able to act fast when the right thing comes along. Although there are a lot of homes on the market currently, some styles/categories/types of homes in certain price ranges are very picked over. As such, you need to have the ability to wait and look for the right thing.
    • Money in Hand: There’s no need to walk in with a suit case of money (although you’ll be able to negotiate a bit harder for a better buy if you do!). You do need to be prequalified with a reputable mortgage lender and have verifiable funds to pay your down payment. This is very important because sellers (or banks which won’t even look at your offer unless you complete this step) will take you far more seriously and give you a better value.
    • Don’t Fall in Love: When you’re negotiating for practically anything, you have to be able to have “walk away power.” You’ll get a better deal if you have the ability to walk away from the table and move on to the next thing. If you fall in love, you loose that ability. Don’t get me wrong, there’s absolutely NOTHING wrong with buying a property you absolutely love. It may cost you a little bit more, and that’s okay. It’s probably worth it.
    • Representation: With all the new topics, concerns, and issues that face you in your real estate purchase, it’s not wise to try and tackle it on your own. Real Estate in Murphy NC is one of the largest investments you make, and you should have a Realtor and/or an attorney who specializes in real estate working for you. As Warren Buffett said, “Risk comes from not knowing what you’re doing.” Make sure you’re comfortable with and trust your agent and/or attorney.  They should also have the heart of a teacher. They need to be able to break everything down for you so that you can easily understand it and the choices you have.

Real estate is an excellent investment strategy when it’s done correctly. We’re finding buyers that are ready to buy now because they know that the market is dragging bottom! You can look free of charge with no obligation to see what properties are available on our website at www.MyMurphy.com. Contact us or your agent to find some great opportunities that aren’t online because they’re out there!

If you’re selling your property now or considering it, yes – the value of your property is down from the peak of the market. The good thing is you can take this information and utilize it once your property is sold and you’re buying another. You WILL get a better buy now than what you would have, even if you got more money for it before. Truthfully, it’s likely a zero sum game and the numbers are just different. Talk to your current agent or call us and we will help you any way we can. We’re here for you!

Whether you’re exploring the best opportunities in Real Estate in Murphy NC or simply discovering things to do in Murphy NC, The Poltrock Team is here to guide you every step of the way!

The Bi-Weekly SOLD Murphy NC Real Estate Update

Posted by I Love Murphy on

Happy Post-Saint Patty’s Day!! The weekend is almost here and the weather is GORGEOUS in Murphy! Nice and sunny in the 60’s is a great reason to get outside.

Real Estate is producing a sale a day on average (factoring homes and land both), which is not to shabby! The market is slower right now with 30 sales in the past month compared to 39 sales per month last year. The difference is not in homes – they’re still extremely comparable to last years. Land is what’s making the difference. Sales are down to around half of what they normally are. Buyers are beginning to call and see land, which is exciting! Land has so many great investments out there right now, it’s time for buyers to begin seeing the opportunities that are in front of them.

 

Historically, sales pick back up and our “season” begins when Spring Break starts, which we’ve only got 3 more weeks till that hits!

 

You must be a subscriber of The POLTROCK TEAM’s
Bi-Weekly Real Estate Update to get the Link to
the sold properties for the past 14 Days.
See sold prices, pictures, and descriptions of what’s sold!
Email John at JohnPoltrock@gmail.com and join our SOLD Update!

 

 

Whether you’re exploring exciting Real Estate opportunities or simply discovering the best things to do in Murphy NC, The Poltrock Team is here to help you make the most of every season!

Foreclosure Horror Story Means Your Should Buy Real Estate Safe in Murphy NC

Posted by I Love Murphy on

I met with a man a few days ago who found us by reading our article on “What to Expect When Offering to Buy a Foreclosure in Murphy NC” and “Foreclosure Houses and Tips to Buying Them in Murphy NC”. It was one of the most discouraging attempted real estate purchases I’ve heard of in a long time.

The moral to his story is buy smart – go through a typical real estate transaction that have safeguards built in for your purchase. Read on and you’ll understand better what I mean.

Jim, as I’ll call him, bought a house with several acres adjoining the US Forest Service and absolutely loved it. He bought it from a wealthy friend of his who was a developer in Florida and life treated him well. They agreed to exchange it in a sale for $170,000. His buddy said he didn’t have to do a straight purchase, that he would be happy to finance it for him like a bank would. They did what’s called a Land Contract.

Jim put $40,000 in cash down on the house and has been making payments for several years. He’s put in a new well, done several major renovations, and by this time, he has invested about $120,000 total of cash in the property. Then he came home and found foreclosure documents on the door to his home.

Turns out the seller has a first mortgage and an equity line that’s been over extended on the property and hasn’t paid in months. The bank is foreclosing – simple as that. Since he has no legal ownership, his name is not on the deed, and the mortgage liens far superseed any right he has to the property, he cannot get anywhere. No bank will tell him what is owed on the property or anything else for that matter.

Jim has lost $120,000 in his own cash and now has nothing to show for it. His only option, if he wants to keep the house, is to wait for it to come out the other end of the foreclosure process and buy it. That means he will likely have $200,000 in a home that should be his that worth substantially less than that.

What could or should he have done in this instance?

A traditional closing with owner financing in place. The closing attorney would have made sure there were no liens on the property (and if there were, they would have to be paid) and issued title insurance at closing.

Moral of the story again – Be smart about closings and buying real estate. Use a Realtor (namely The POLTROCK TEAM! 😉 and/or an attorney that specializes in real estate closings. That will give you true professional advice that can ultimately save you thousands, or in this case, over $100,000.

Whether you’re navigating a Foreclosure purchase or simply exploring the best things to do in Murphy NC, The Poltrock Team is here to guide you safely through every real estate decision!

John Poltrock, Certified Residential Specialist – Murphy, NC Real Estate – www.MyMurphy.com – JohnPoltrock@gmail.com – Call Toll-Free at 1-866-687-7496

The Finest Craftsman Cottage in Cherokee County is now for Sale in Murphy NC!

Posted by I Love Murphy on
470 Brook Green Lane; Brasstown NC
470 Brook Green Lane; Brasstown NC

Here’s an amazing 3 bedroom, 2 bath home unlike any you’ll find anywhere in Cherokee County! It’s located in the famous Brasstown area close to the John C Campbell Folkschool and also close to town. This home has exquisite attention to detail! The curb appeal when you go by this home is simply breathtaking and the inside is a perfect compliment to the exterior.

When you pull up, the two car garage is a great place to keep your vehicles sheltered from the weather. When you step inside the home, you’ll find spectacular accessories and features that no voice over can do justice. One of the first rooms you’ll enter is the kitchen with some of the most beautiful cabinets you’ll find! The golden ivory granite countertops sparkle brilliantly!

In the center of the kitchen is an enormous 5’x8′ island centered for a large workspace and additional storage. Glancing up, you’ll notice the oak and acorn stained glass letting in glorious, natural light. As you walk through the home, you’ll notice the oak and acorns throughout the home which brings health and prosperity to those inside.

Stepping from the kitchen you’ll go by the dining area and find an amazing living room with an enormous true masonry wood burning fireplace. The vaulted ceilings stretch on seemingly forever and are accented with a beautiful cherry finished tongue and groove. On either side of the herring bone patterned fireplace are knotty cherry bookshelves and built-in entertainment center. The Bose central surround sound operates in virtually every room of the home and can set the mood perfectly for a romantic evening, to entertain friends, or to simply dance around the living room alone!

The master suite is truly that – it even boasts its own private sitting room! In the bedroom, the tray ceiling is a perfect accent to all the details throughout. The master’s bathroom is truly a work of art! It features a custom vanity built specifically for this bathroom. There are two walk-in closets with built in chest of drawers and shoe racks so each partner can have their own private place to put their things.

In the center of the bathroom is a Roman shower that truly will give you shower-envy! It has two large, hand etched frosted glass panes for privacy. Inside the tile shower is rubbed bronze faucet fixtures that even have an overhead rain shower. Stepping from the shower is the claw-foot bathtub that is truly huge! It has its own telephone handset faucet. It’s the perfect place to take an evening bath and relax.

The additional 2 bedrooms and bath are certainly a beauty in their own right. One is currently set up as a bedroom and the other is being used as an office with custom made maple bookshelves with a fine distressed black finish. In the center of the room is a beautiful Tiffany acorn light fixture that is a stunning accent to the room.

This home is not only a home, it’s a statement. A work of art. Truly, it is unlike anything you’ll find. If you’re looking for a home that makes a statement and will leave you in awe, this is it. Seeing it in person will certainly not disappoint you, rather it will leave you amazed.

We’re sorry. This home is no longer available. Please check our active homes and land for sale on our wesbite.

Whether you’re searching for your dream property in Cherokee County or just exploring the best things to do in Murphy NC, The Poltrock Team is here to guide you with trusted local expertise!

February 27th Murphy NC Real Estate Market Update and Report

Posted by I Love Murphy on

TGIF! Thank God it’s Friday! We hope you all have a wonderful weekend planned – and hopefully it won’t be rainy! It’s scheduled to be an 80% chance of raining all weekend here in Murphy!

There’s a lot of activity and bustle in the real estate market update right now! The Cherokee Hills Golf Course is on schedule to be bought by FJ Investments and totally renovated. It is scheduled to close mid-March, which is just around the corner! Frank Johnson (the sole owner of FJ Investments) is in our office practically everyday making plans, scheduling, and all that goes along with his new project. That will create a lot of jobs and excitement in our area!

On to real world real estate! The average sales price of homes for the past 14 days is at $169,167 with an average days on market of 181 days! NICE! Days on market appears to be falling a bit with the past few closings (the past 30 days has averaged 198- the lowest we’ve seen including all of last year).

You must be a subscriber of The POLTROCK TEAM’s
Bi-Weekly Real Estate Update to get the Link to
the sold properties for the past 14 Days.
See sold prices, pictures, and descriptions of what’s sold!
Email John at JohnPoltrock@gmail.com and join our SOLD Update!

Of those homes sold, there’s an astounding 4 that were foreclosures, which (to the best of my knowledge) makes the highest record of foreclosures sold in this time frame. There’s a lot of opportunity for buyers out right now! There’s no doubt about it, it’s very important for sellers to price their property accordingly to combat the constant challenge of increasing foreclosure inventory. Thankfully we’re no saturated with them!

If there’s anything we can do for you, please don’t hesitate to let us know! We’re in business for you and are very thankful for you! We’d be happy to answer questions or concerns you may have and/or make changes to your listing whether it be pricing or another strategy.

Have a blessed and safe weekend!

We invite and encourage you to leave your thoughts, comments, and feedbacks on this article and the state of the market here. Please click RESPONSE and your reply will be posted the system approves it. Thank you!

Whether you’re following the latest Real Estate Market Update or just exploring the best things to do in Murphy NC, The Poltrock Team is here to guide you with trusted insight and local expertise!

Real Estate – the Land of Opportunity in Murphy, North Carolina

Posted by I Love Murphy on

Perhaps Mr. Warren Buffett said it best when he said “Be fearful when others are greedy. Be greedy when others are fearful.” We could even look to Mr. Shelby Collum Davis for some insight for the Land of Opportunity in Murphy, North Carolina when he said, “You make most of your money in a bear market, you just don’t realize it at the time.”

Many legendary investment strategists are excellent at working through trying times like we are now facing in our country. Call me an optimist, blind, a fool, or anything for that matter, and no matter what you might think of my visions, I believe that we live in the greatest country the world has ever seen and that we will come out on the other end very prosperous as we have time and time again.

There are many opportunities to come out of the recession very well! As of this writing, there are 809 homes and 2,308 tracts of land available for sale and some of them are just that – they are really on sale. Now is the time when you can buy a rental property and actually come out ahead. There are tracts of land where you can buy them and just sit on them like you would a CD, stock, or bond – the only difference is its real. You can have a garden, go check on it, and its still there. Land has a remarkable historical track record of appreciation and its something you can use and enjoy in the mean time.

Take the time to go on our website at www.MyMurphy.com and shop what’s available out there. Look for land, look for houses, and really shop. If you have money to invest and you want to find out what’s a “real buy,” call or email and let us take the time do to the research for you and send you a few proposals. There are some great choices out there and if you have cash and/or great credit, you can really leverage yourself in negotiations and save even more.

Now is absolutely not the time to run scared. Now is the time to be aggressive. If you have cash to invest, and many of you do, why aren’t you investing it? You can buy an investment property while folks are practically giving things away. Everyone around us is scared, and if you follow Mr. Buffett, who obviously has done very well for himself, now is the time to be greedy. Now is the time to buy. Whose advice would you rather take – Mr. Buffett or your broke brother-in-law?

Whether you’re ready to explore the Land of Opportunity in Murphy or just browsing things to do in Murphy NC, The Poltrock Team is here to help you act smart and invest wisely!

Written by John Poltrock for The Cherokee Scout, Murphy NC’s primary newspaper (to be published in the March 4, 2009 edition) – Call Toll Free 877-837-3002 – JohnPoltrock@gmail.com – The POLTROCK TEAM – Murphy’s #1 Real Estate Team

Fixer Upper Home for Sale in Murphy NC with Lots of Land!!

Posted by I Love Murphy on

Here’s a true find in the mountains of Murphy, North Carolina! It seems like every other person I speak with is looking for a fixer-Upper Home for Sale as a real estate investment – well, look no further!! This 2 bedroom, 1 bath fixer upper is full of history, and best of all, it has 9.66+/- acres of land! Holy CANOLI!

The Home for Sale

This home has a lot of history and is an old homestead for the Radford family, which is an old family name here. The home may or may not be repaired and used for anything. It’s a neat piece of history!

The Land for Sale

The real value in the property resides on the 9.66+/- acres for sale. The land has an old road cut in on it that can easily be cleaned up for use. Just in strolling down the road, I found two very good building spots and many other spots that work, too. It’s right on a paved road, so the access is excellent. It’s in the Hanging Dog Community of Murphy, NC, so there’s a large amount of US Forest Service Land nearby and is not far from Lake Hiwassee access.

Frequently Asked Questions about this Real Estate

What kind of shape is the home in?

It certainly needs a lot of work. In speaking with the owner, I got the impression that it was what I call a “burner-downer.” I was really surprised and impressed when I went through the first time! It really does have potential to be fixed up.

What kind of water source does it have?

One of the advantages is it has a relatively new well system for the water supply that I believe could supply both the current home and if more houses were built on the property, it could supply several of them as well.
What’s going on with the bathroom?
When the house was originally built, indoor bathrooms were not commonplace. Eventually, a bathroom was added in the most convenient spot – the back porch. It was enclosed as you would expect, but the porch was not built on the same foundation as the rest of the home. Because of that and years later, the porch posts have begun to deteriorate and the bathroom has begun to fall away from the house.
Has the acreage been recently surveyed?
Yup!

Whether you’re searching for a rare Fixer Upper Home for Sale or simply exploring the best things to do in Murphy NC, The Poltrock Team is ready to help you uncover the perfect property!

Call The POLTROCK TEAM TODAY about this one! Toll Free 866-687-7496 or www.MyMurphy.com

John Poltrock is a Million Dollar Real Estate Agent in Murphy NC for 2008!!

Posted by I Love Murphy on

Just released in today’s Cherokee Scout Newspaper, John Poltrock is in the Million Dollar Club for 2008! This means that he sold well over 1 million dollars worth of real estate in Murphy, North Carolina. He’s in the Top 5 Real Estate Agents in the Mountain Lakes Board of Realtors by transactions closed.

Whether you’re searching for a trusted Real Estate Agent or exploring the best things to do in Murphy NC, The Poltrock Team is here to deliver award-winning results and service!

Contact The POLTROCK TEAM today by calling 1-877-837-3002 or emailing him at JohnPoltrock@gmail.com