Tellico Offers 4 Wheel Drive Fun for Cherokee County NC!

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Tellico Plains offers those who like to be off road and four-wheel driving the place to do it! It is maintained by the US Forest Service, and for a mere $5, you can ride all day long. A $30 annual permit is also available. Jeeps, Bronco’s, ATV’s, Quads, Dirt Bikes, all those types of off road machines are welcome! If you ride an ATV or dirt bike, just be sure to bring a helmet because the USFS requires you wear one on their trails.

From Murphy, Tellico is located to the North on Davis Creek Road. From there, there’s all sorts of cabin rentals, Jeep repair centers, and other small businesses oriented toward making your off-road stay a better experience. If it’s important to you, be sure to ask if your cabin has electricity because some out there don’t.

One of the most exciting events hosted in Tellico is the Jeep Jamboree.

Tellico is an extraordinarily fun place to spend the day if you love the outdoors and gas-powered toys. While you’re out riding, be sure to be safe. Davis Creek Road and many of the trails in Tellico drop of steeply on the mountain with no gaurd rails. Be sure to slow down and take a steady pace because the mountains are unforgiving.

[youtube:http://www.youtube.com/watch?v=FVQIGtxOal0]

For a map or more information, contact:
Tusquitee Ranger District, 123 Woodland Drive, Murphy, NC 28906
Phone: (828) 837-5152,   Fax: (828) 837-8510

Directions to Tellico Plains from Murphy, NC– From the McDonalds in Murphy on Highway 64, turn North (left) onto Hiwassee Street and go to the first traffic light. Turn left at onto Tennessee Street and leave town. The road becomes Joe Brown Highway (there is a couple of places along here to buy gas) continue for 2.8 miles until you come to a blinking caution light. Turn right at caution light and continue for approx. 5.5 miles and turn right onto Davis Creek Road. Pavement will end soon and the US Forest Service entrance station will be on your left. Trail #1 starts here and continues through the ORV area and turns into River Road at the NC & TN state line.

Love Tellico and looking to buy your own peice of real estate there? Email me
and I will email you back a list of all the homes and land available there. There are many great investments (you can rent to other Jeepers) and personal use properties available there.

Own property and want to sell? Get started by clicking here.

John Poltrock, CRS and Jessica Poltrock, ABR – The POLTROCK TEAM at RE/MAX Mountain Properties in Murphy, NC – www.MyMurphy.com – JohnPoltrock@gmail.com – Real Estate in the Mountains of Murphy, NC and Cherokee County – Call Toll Free (877) 837-3002 and demand The POLTROCK TEAM!

What Exactly Does “Underground Utilities” Mean for My Murphy NC Property?

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Underground utilities are an advantage for property owners and investors. In fact, you can readily distinguish if they’re available by searching for the infamous “green box” for power. When you see a tract of land or a home for sale advertised as having Underground Utilities, they usually also have underground telephone cable as well.

 Underground Power BoxOne immediate advantages is the aesthetics. Unsightly power lines can ruin an otherwise phenomenal mountain view. It makes living in your community simply cleaner. Underground hides in the landscape rather than overwhelming it with poles and power lines littering the land.

Safety is another concern. Trees tend to blow over at some point in a storm, and if power lines are protected underground, the line won’t be knocked down creating a “live wire” and causing a power outage further down the grid. An invisible consideration is that power lines create electromagnetic radiation. It is widely believed that power lines can cause cancer from the invisible “field” they cause around them. Generally, this is a concern with larger distribution lines. By burying them in the ground, professionals in the field seem to agree the soil protects you from higher exposure.

From a purely financial aspect, it adds value to your property. I just performed a quick search of land sales in the past 6 months between one and three acres to see what the differences were in value. Here’s what I found:

  • With Underground Utilities – 51 real estate transactions with an average dollar value of $67,901
  • Without Underground Utilities – 37 real estate transactions with an average dollar value of $35,414

Does that mean my property is worth $32,487 more with underground utilities? No, it does not. This search doesn’t factor out certain features or characteristics that could skew the outcome of it. However, there is a direct correlation in having underground utilities and having a higher property value.

Your power company will be the one to install underground utilities should you decide you would like them. Blue Ridge Electric Membership Corporation (BREMC) and Murphy Power Board are two of our major power companies, and whichever is your power company would be responsible for installing it for you.

To make a long article short, underground utilities are certainly a worthy investment in your property. If you’re searching to buy a property, it is certainly worth considering regardless of whether you’re looking at it from an aesthetic, safety, or financial standpoint.

John and Jessica Poltrock – RE/MAX Mountain Properties – The POLTROCK TEAM –  Helping you make the wisest investment decision! – www.MyMurphy.com – JohnPoltrock@gmail.com – Call Toll-Free (877) 837-3002 and demand The POLTROCK TEAM!

New Home for Sale Between Murphy and Andrews, North Carolina

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Virtually Brand-New Clayton Home! Perfectly situated between Murphy and Andrews, it has 3 bedrooms and two baths. It’s very neatly maintained! It has a gravel walkway leading all the way around the home.

Some of the very neat features about this home are:

But don’t take our word for it, go through the house just like you were touring it in person by watching our YouTube video tour by clicking play below!

[youtube:http://youtube.com/watch?v=EZqqx48Emkc]

Property Address: 61 Luther Branch; Andrews, NC 28901

Like what you see? Contact us today! If this is what you’re looking, use our Find My Dream Home! feature or search our listings and the MLS right from our site. We’re looking forward to bringing you home to the mountains!

John and Jessica Poltrock – RE/MAX of Murphy, NC – www.MyMurphy.com – JohnPoltrock@gmail.com – Real Estate in the North Carolina Mountains – Call Toll Free (877) 837-3002 and demand the POLTROCK TEAM!

 

SOLD!!! 1595 Tarheel North in Murphy, North Carolina

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Tarheel North is a great neighborhood in the Murphy NC area! Known for being a prime real estate area, there’s many opportunities available!

This home is 2 bedroom, 2 bath home on a full unfinished basement with a very pretty mountain view! Modified Chalet styled home right on a state maintained paved road.

Thinking about selling? Click Here to view more recent success stories and read what real folks have to say about The POLTROCK TEAM. 

John and Jessica Poltrock – The POLTROCK TEAM at RE/MAX Mountain Properties – www.MyMurphy.com – JohnPoltrock@gmail.com – For Outstanding Results, Call Toll-Free (877) 837-3002 and demand the POLTROCK TEAM!

When It Comes to Investing in Murphy (and anywhere), There’s GOOD Debt Vs. BAD Debt

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Many people look at investing as a tricky. Fact is, it’s great! Many of our most successful investors use debt to further their influence. Whether they’re buying homes or land tracts here in Murphy, real estate gives you the best returns when you use leverage.

When it comes to debt, most consumers fall into either of two camps – those who fear debt and those who embrace it. Let’s call the first group the debt-o-phobes. To these folks, debt is to be avoided at all costs. They don’t carry a credit card and refuse to buy anything, except a home perhaps, on credit. We’ll call the other group debt-thusiasts. As long as they can have whatever they want right now and can afford the monthly payments, they don’t care how much debt they are in or interest they will pay.

Neither extreme is healthy. The debt-thusiasts are constantly paying too much for goods and services, because in addition to the purchase price, they are usually paying a hefty amount in finance charges. They never get ahead and have little chance of building wealth.

The debt-o-phobes, on the other hand, can save a considerable amount of money in interest, but they have less money available to fund revenue-generating investments. Because they refuse to take on debt, the only money they have to invest is the money they have squirreled away.

Financially healthy, wealthy, and wise individuals are not opposed to taking on debt, but they are very proactive in limiting bad debt and maximizing the power of good debt.

Bad Debt

What exactly is bad debt? Bad debt is money you owe on something that 1) does not increase your earning potential and 2) depreciates – decreases in value over time. Generally speaking, if you go on a spending spree with your credit card, you are taking on bad debt.

Some experts would claim that a loan taken out to purchase a new car is bad debt, because as soon as you drive the car off the lot it depreciates. While that may be true, financing the purchase of a nice car could increase your earnings potential, allowing you to drive to a workplace that offers a higher salary. A nice car could also improve the earnings potential of someone in sales who must drive clients around.

Good Debt

Good debt is money you owe on something that either 1) increases your earnings potential sufficiently to pay back the debt, and then some, or 2) enables you to invest in an appreciable asset – an asset whose value increases over time sufficiently to cover the debt.

Experts generally agree that a mortgage loan used to purchase a home represents good debt, because while you are paying the interest on the mortgage, your home is appreciating in excess of the percentage interest you pay. In addition, your home mortgage is tax-deductible, assuming you can and do itemize your deductions.

Most people also consider education loans to be a form of good debt, because an education generally improves your earnings potential – although that may depend on what you study in school and how much debt you graduate with.

Exchanging Bad Debt for Better Debt

Although you may not be able to trade bad debt for good debt, you may be able to decrease your amount of bad debt. If you have a large amount of credit card debt, for example, and some equity in your home, you may benefit by refinancing your mortgage loan to pay off your credit card debt. (Equity is the amount of money locked up in your home – if you sold your home today and paid off the mortgage, the amount of money you would have left represents the equity.)

Refinancing your home mortgage to pay off your credit card debt could benefit you in two ways:

•           Decrease the amount of interest you’re paying. A mortgage loan usually carries a significantly lower interest rate than the rate charged on credit card debt.

•           Makes the interest you are paying tax-deductible. Home mortgage interest is tax-deductible. The interest you pay on your credit card balance is not.

Caution: Consult with a trusted and qualified accountant or loan specialist before refinancing your home to pay down your credit card debt. Refinancing too often can cost you a considerable amount of money in loan origination fees and other expenses related to taking out the loan.

Caution: Refinancing to pay off credit card debt converts the unsecured credit card debt into secured debt. The debt is now secured by your home, which allows the lender to foreclose if you are unable to make payments. Credit card companies cannot seize your home if you fail to make payments. In addition, if you file for bankruptcy, secured debts have priority over unsecured debts, so if you think you might have to file for bankruptcy later, converting unsecured debt into secured debt may not be a good idea.

Investing with Other People’s Money

One of the secrets to maximizing the return on your investments is to use borrowed money (other people’s money) to finance your investments. For example, say you have $100,000 to invest in real estate, knowing that you can buy and fix up a home for $100,000 and then turn around and sell it for $120,000. If you could pull it off, you would earn a 20% profit, which isn’t bad.

But what if you took that $100,000 purchased and fixed up five properties? For each property, you would use $20,000 of your own money as a down payment and $80,000 of borrowed money – other people’s money. Now, you buy, fix, and sell five homes, earning $20,000 per home for a total of $100,000 in profits – a 100% profit!

That’s what you call leverage, and you gain leverage by using other people’s money.

When you are ready to begin building your own wealth in real estate, talk to your loan officer or mortgage broker about leveraging the power of other people’s money. He or she will know exactly what you’re talking about.

 See more from author Ralph R. Roberts, GRI, CRS is an experienced real estate agent and investor and author of Mortgage Myths: 77 Secrets That Will Save You Thousands on Home Financing (John Wiley & Sons).

If you’re looking for an investment, now is the perfect time to contact us or start searching online. Be sure to subscribe to our blog so you can beat the street! If you’re looking to refinance and stop paying so much interest on things like credit cards, we have some of the best mortgage brokers in the industry working with us!

John and Jessica Poltrock – REMAX Mountain Properties – The POLTROCK TEAM – www.MyMurphy.com – JohnPoltrock@gmail.com – Call Toll Free (877) 837-3002 and demand the POLTROCK TEAM! to start investing successfully in real estate!

John and Jessica Bring Superior Education to the Murphy Real Estate Market

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Murphy, NC — March 21, 2008 — John and Jessica Poltrock have just returned from their stay in Greensboro, NC where they completed a highly specialize course in residential real estate buyer sales strategies conducted by the Council of Residential Specialists of the NATIONAL ASSOCIATION OF REALTORS.

The course is one in a series of professional education sequences required to qualify for the coveted Certified Residential Specialist (CRS) designation. Learn why you should demand to work with a CRS and how we work.

"The growing importance of negotiation as well as sales strategies in today’s residential real estate market were addressed by the instructor of the course," said Jessica. "The many and varied needs of the buyer, who is making what is probably the largest single purchase of a lifetime, is dealt with in this advanced course."

The segments of the course included counseling techniques, understanding human behavior, and professional knowledge of the required steps in the real estate sales sequence.

The Council of Residential Specialists Courses are presented throughout the U.S. in affiliation with the NATIONAL ASSOCIATION OF REALTORS, as part of its on-going program of promoting professionalism of the residential sales associates.

The completion of this course leaves John less than three months from obtaining CRS Designation for paperwork processing. Jessica lacks a mere one course.

Want to work with The POLTROCK TEAM? Put them to work for you! Use our Dream Home Finder, use our website to search Our Listings or the MLS, email them, or just call them at (877) 837-3002.

When you want results, demand The POLTROCK TEAM! John and Jessica Poltrock – www.MyMurphy.com – JohnPoltrock@gmail.com – Call Toll-Free (877) 837-3002 and demand The POLTROCK TEAM!

Mountain View Lot For Sale in Pied Piper

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Mountain View from LandHere’s an excellent new lot to come up for sale in Sierra Village off of Pied Piper.  Be sure to check out the You Tube Video Tour located below!

It has a great price on it, and be sure to click the picture if you’d like the current price on it.

It has a roughed in home site, driveway, and underground utilities! It’s right off of High Ridge Road which is completely paved. Pied Piper Drive is currently a county maintained gravel road, yet is on the county docket to be paved. Woo hoo!

This piece of real estate is SOLD!

John and Jessica Poltrock – The POLTROCK TEAM in RE/MAX of Murphy NC – Real Estate in Murphy – www.MyMurphy.com – JohnPoltrock@gmail.com – Toll Free (877) 837-3002 and ask for the POLTROCK TEAM!

Holy Cannoli!!! They Sold It 68.5% FASTER Than the Market – AGAIN!!!

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Liberty Circle AcreageWow! The POLTROCK TEAM sold this +/- 6.9 Acre tract in the Hiwassee Dam Community in 67 days!!! That’s 68.5% faster than the market’s average of 213 days for land!

Who’d-a-thunk-it???

When you want results, call RE/MAX TODAY toll free (877) 837-3002 and demand the POLTROCK TEAM!!! You’ll receive a FREE full-color 15 page packet on how they get the results you’ve been looking for.

Homes, Land, and Commercial Real Estate in the Mountains of Murphy, North Carolina – www.MyMurphy.com – JohnPoltrock@gmail.com – (877) 837-3002

 

Flip This House… But Isn’t Flipping Illegal??? Not the investor’s ethical kind!

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Everyone is an investor in some form, fashion, or another. You may own stocks, bonds, have a bank C.D., or own real estate. There’s many ways to make money in real estate – rent, leases, appreciation, and more.

During the housing boom, flipping houses was almost a national pastime. Shows like Flip This House, Flipping Out, and Flip That House attracted huge viewing audiences, and nearly every book in Amazon’s real estate top sellers category had the word “flipping” in its title.

If you mention house flipping to a real estate or law enforcement professional, however, they are more likely to think that you are talking about committing a crime. To them, the word “flip” is a nasty four-letter word. HUD (the U.S. Department of Housing and Urban Development) declared it so when it released its FR (Final Rule)-4615 Prohibition of Property Flipping.

So, is flipping good or bad? Legal or illegal?

Well, that depends which form of flipping you’re talking about. The illegal variety consists of selling a home multiple times over a relatively short period in order to artificially inflate the home’s value and cash out the inflated equity. To begin, a con artist will purchase a home (typically a dilapidated property that costs very little).

He or she will then obtain an inflated appraisal for the property – by finding an appraiser willing to go along with the scam, stealing an appraiser’s identity to forge a fake appraisal, or using a phony appraisal document. The con artist can then apply for a loan for the inflated amount. (Or, the con artist will apply for the loan and then, with the help of a cooperative loan officer, obtain the inflated appraisal to present to the lender.) In either case, the con artist usually takes out the loan in the name of a straw buyer (someone who owns the home in name only) or by using a fake or stolen identity.

Eventually, the house flipper either sells the home to somebody who is unaware of its true value or abandons the home.

That’s illegal flipping in a nutshell.

Legal flipping consists of buying a home for less than its true market value (usually at least 20 percent less), fixing it up, and then selling it at or near its true market value. This fix-and-flip approach is the type of flipping they do on TV shows like Flip This House and Flip That House. It is a shrewd and honorable way to earn a buck in real estate.

As a consumer, knowing the difference between the two types of flipping is important. Know the illegal form of flipping so you don’t break the law or get stuck with an overpriced piece of real estate that’s being used in a flipping scheme. Know the legal form of flipping, so you can fix and flip your way to wealth in real estate.

About the Author: Ralph R. Roberts, GRI, CRS is an experienced real estate investor and consultant and the author of Flipping Houses For Dummies (John Wiley & Sons).

In working with The POLTROCK TEAM, you won’t have to worry about becoming the prey of an illegal flipping scheme when you’re looking to buy a home or land in the mountains. It’s extremely important, no matter where you are, to work with a Realtor who’s looking out for your best interest so your investment doesn’t become a bogus one.

If you’re looking to invest in the mountains and want to do the legal flipping by purchasing a great property to make money in the short term or long term, let us know! We come across great values, not every day, but regularly and need people who are looking to invest. Call us us today and let me know! Not only that, subscribe to our blog and you can find out great values as we come across them!

John and Jessica – The POLTROCK TEAM – RE/MAX of Murphy, NC – Real Estate in the mountains of North Carolina – www.MyMurphy.com – JohnPoltrock@gmail.com – Call (877) 837-3002 and demand The POLTROCK TEAM!!!

 

The POLTROCK TEAM did it AGAIN! SOLD in 7 days!

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203 Willow Tree Lane

The POLTROCK TEAM just did it again! This beautiful home located in the Ranger Community is now officially off the market! The new owner is moving in, probably as this is written, to enjoy their new home.

Located almost directly across from the Cherokee County Industrial Park (which is really a county owned area for storage of machinery such salt trucks, etc.) on Willow Tree Lane, it has convenient access to Highway 64 and is only minutes away from the town of Murphy.

Congratulations on your new home, and if you are thinking of selling, call us today to find out how you can achieve great results like this!

 

John and Jessica Poltrock – The POLTROCK TEAM at RE/MAX of Murphy NC – RE/MAX Mountain Properties – www.MyMurphy.com – JohnPoltrock@gmail.com – Call Toll Free (877) 837-3002 and demand the POLTROCK TEAM! – Homes, Land, and Commercial Real estate in the Mountains of North Carolina