Remodeling Your Home in Murphy, NC

Posted by I Love Murphy on

Remodeling a home is a huge aspect of real estate. When you buy a new home, you may want to change something that doesn’t fit you or your lifestyle. Perhaps you’ve lived in your home for years and your needs and/or wants have changed. No matter what the case, remodeling your home can the perfect solution.

If you’re doing small repairs, some things you can do yourself. For those that you don’t know how to or want to do, please feel free to use our Gotta Guy Recommended Contractor list. This way, you can find the right guy for the job. If you don’t see what you’re looking for, email us and we’ll be happy to point you in the right direction.

If you’re doing a massive repair job and want to higher or a contractor, here are some good tips for you.

  1. Get three or more written estimates from good, solid contractors.
  2. Get references and actually call to check on the work they did. If you get time, stop in and see it for yourself.
  3. Check with the Chamber of Commerce for any complaints. Ask around – Murphy is a small town! If folks were treated bad by someone, they’ll let you know.
  4. Be sure the contract says what exactly is to be done for the job and how changes will done.
  5. Make as small of a down payment as you can in the even the contractor fails to complete the job. “Milestone” payments may also work well so long as they are not too large. You want to keep the contractor’s interests the same as yours.
  6. Be sure the contractor pulls all the correct permits, is licenses, and has insurance.
  7. Have the timeline in the contract that states when work will be completed and what recourse you have if it’s not finished on time.
  8. Find out if the contractor’s workers will do the job or if subcontractors will be hired to do certain parts.
  9. Have an agreement for the contractor to indemnify you if the work doesn’t meet building codes and/or other regulations.
  10. Have in the agreement for the contractor to be responsible for cleaning up the site and be responsible for any damage done.
  11. Have a guarantee that the materials used fit the specifications you set.
  12. Do not make final payment till the job is fully completed and you are satisfied.

Remember that the contract is an agreement between you and the contractor and it will be a give and take until you both are satisfied. If you made sure you got the right person for the job from the beginning, you’ll be able to enjoy your new renovation for years to come.

John Poltrock, Certified Residential Specialist – www.MyMurphy.com – Call us Toll Free at 1-866-687-7496 – JohnPoltrock@gmail.com -The Poltrock Team at RE/MAX Mountain Properties in the Mountains of Murphy, NC

September – Best Month for Real Estate Sales in Murphy NC

Posted by I Love Murphy on

Wow! It’s hard to believe that it’s October already! There are so many things going on in the world of real estate right now – which is great! It seems like it’s been forever since the last Bi-Weekly update. Since we began this column in Murphy’s newspaper – The Cherokee Scout – it threw a curve ball in the “release” of our update. We’re working on getting that in sync now, so please pardon the delay.

October brings several wonderful things! Be sure to remember The RE/MAX Client Appreciation Picnic is next Saturday from 4-8! BE SURE TO COME!!! If you think you can make it and haven’t confirmed already, please let us know – we’d love to have you!
 
Fall appears as its going to be early this year, so be sure to enjoy while its here!
 september
On to real estate! September was a tremendous month. It proved to be the best September in the past 3 years. An astounding 63 properties sold in a one month period – and by anyones calculations – two per day is phenomenal! Also not reflected in these sold properties, United Community Bank (UCB) did an online auction that yielded quite a few sold properties – lots sold from a mere $2,000 to $8,000 in several instances.
 

 

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!

 

 
SOLD Home Statistics in Murphy NC for September
(40 listings)
  Low High Average Median Total
List Price $40,000 $299,900 $172,424 $165,000 $6,896,950
Selling Price $40,000 $300,000 $152,836 $143,500 $6,113,432
List/Sold(%) 59.93% 100.09% 88.44% 89.78% —
Price/SqFt ($) $0.00 $146.34 $43.22 $0.00 —
Days on Market 16 701 233 175 —
 
 
SOLD Land in Murphy NC Statistics
(23 listings)
  Low High Average Median Total
List Price $12,500 $215,000 $60,691 $39,900 $1,395,900
Selling Price $10,000 $185,000 $51,447 $29,100 $1,183,270
List/Sold(%) 37.93% 209.80% 83.63% 81.08% —
Days on Market 113 648 301 190 —
 
Note the interesting phenomena on the lowest SOLD percentage of list price – Land reached as low as 38% of list and homes as low as 60% indicating some steep discounts (or high overpricing) on homes sold. There’s a direct relation between over pricing a home in today’s market and an extreme high time on market. In fact, the high time on market was an astonishing 701 days! If you don’t want to have an extended time on market like this, ensuring your home is priced competitively in the market is of the utmost importance. If you want a review of your property to see if any adjustments are necessary, give us a call or email and we’ll do the work for you.
We have seen a lot of offers thrown out there – in fact The Poltrock Team alone closed 13 transaction sides in September. We’re still seeing some of the Offers to Purchase come in extremely low and did not fly – we had offers as low as 33% of listing price. This was what I call a “Vulture” offer – folks offering ridiculous offers to see what they could get away with. Even with this happening, most of our buyers realize value even today, and that is perfectly indicative of the market. In fact the highest list to sell ratio was 100.09% of asking price – this means someone paid slightly more than asking price to ensure they bought the property.
 
Real estate is currently on the rise! Keep your fingers crossed and say your prayers for consumer confidence to continue to rise and for people to buy homes and land in the mountains of Murphy, NC!
 
As always, we thank you for the opportunity to work for you. We work hard every day and work 60+ hours per week for our clients and would love to work for you and your real estate referrals.
 
If you have any questions or anything we can do for you, please CONTACT US! Thank you for your business and trust. If you know of anyone looking to buy or sell real estate anywhere in the United States, please give us their name and number and we will take care of them to make certain they get the best service no matter where they are.

Want expert insight into current real estate sales or a pricing review of your property? Let us help—start today at murphy nc real estate.

Written By: John Poltrock, Certified Residential Specialist – www.MyMurphy.com – The POLTROCK TEAM at REMAX Mountain Properties – Murphy’s #1 Real Estate Team – Contact us Today Toll Free 1-866-687-7496

The Poltrock Team’s NEW Murphy NC Area and Real Estate Information Packet NOW Released!

Posted by I Love Murphy on

If you would like to request your FREE copy of our exclusive Buyer’s Packet, call us or email JohnPoltrock@gmail.com to get your copy today!

Request your FREE copy today!
Request your FREE copy today!

When buying real estate in the Mountains of Murphy, North Carolina, there are tons of things to take in to consideration and questions you may have- especially if you’re not very familiar with the area.

We’ve worked to put the information about Murphy, NC together in one place for you – our Exclusive Buyer’s Packet. Now, Version 2.0 is officially released today!

Here’s what you can expect to find in the new version:

  • A map of where Murphy, NC is
  • Weather and climate information on temperatures, rainfall, snow, and much more
  • Profile of Cherokee County
  • Area information
  • Types of Homes for sale here in Murphy NC
  • Golfing
  • Boating and Fishing
  • Camping and Hiking
  • ATVing
  • Horseback Riding
  • Income producing Cabin Rentals
  • Places to Go
  • Other activities and things to do
  • Area Hospitals and Health Care
  • Why REMAX and The Poltrock Team?

If you would like to request your FREE copy of our exclusive Buyer’s Packet, call us or email JohnPoltrock@gmail.com to get your copy today!

Ready to explore real estate in the mountains with confidence? Request your FREE Buyer’s Packet today through murphy nc real estate.

Search our inventory of homes and land for sale in the mountains of Murphy NC today on our website FREE with no sign-up required!

John Poltrock, Certified Residential Specialist – REMAX Mountain Properties – www.MyMurphy.com – Call us Toll-Free 1-866-687-7496