Our sales & marketing platform is world-class and was laid out your needs in mind.  If you are considering starting a new project in 2012, take a moment and learn about what we offer.        

(For new communities and on-site services, we offer custom packages)

We are sure our programs can not be matched.  You will gain access to the #1 marketing tools we have available, in addition our comprehensive Home Builders Program places your project on the largest real estate websites in the country. 

These websites power over 900 of the largest national real estate search websites and include websites like Yahoo Real Estate, Trulia, Zillow, and AOL Real Estate.  In addition to these national websites your project will be featured across our network of websites and social networks.

NC Home Builders Packages

Call us at 866-999-3565

Red Sky Realty Group

homes-nc.com

See the full gallery on Posterous

Red Sky Realty Group would like to welcome Stella Daniell to our Outer Banks office.  Stella has an extensive background in property management.  Before joining Red Sky Realty Group, Stella served as Property Manager & Guest Services Manager at Ships Watch in Duck, (Ships Watch is a resort community in Duck made up of 53 co-ownership vacation rental homes.)

Stella‘s years of property management experience gives her valuable insights for those looking to purchase an Outer Banks rental property.  You can find Stella on our North Carolina Real Estate Brokers page – Stella Daniell, her LinkedIn Profile or her company blog.

Reprinted from the Red Sky Realty Group Blog

9 Soundview Trail – Southern Shores

 There are not many settings like this one……a high bluff, set up on the sound front of exclusive Southern Shores, this incredibly well maintained little get away awaits you! Open floor plan boasting views that will blow you away! This Coastal Contemporary home has a relaxing flow to it……decks flow easy, too….imagine 40 feet above the sound, overlooking the beautiful west skyline where it meets the sound……sun setting, kicking back and taking it all in. There is plenty of space for you and the family to enjoy in this well built home. The quantity of windows almost makes it feel like you are outside! This type inventory is a rarity……check it out.  Learn more

Outer Banks Homes for Sale

Check out the most recent homes for sale on the Outer Banks like this great new home in the Kilmarlic Club at 114 Duncans Way.

Video: Buying an Outer Banks Foreclosure

Take 2 minutes and watch this excellent video, Buying the Right Outer Banks Foreclosure, from Outer Banks Real Estate Consultant Mike Bishal on finding the right foreclosure to buy on the Outer Banks or search Outer Banks foreclosures for sale. 

Learn more about buying a foreclosure in the Outer Banks on Mike Bishal‘s YouTube Channel or on his website, www.obxreconsultant.com. 

You can find more videos on our Youtube Channel, Red Sky Realty Group Facebook, Red Sky Realty Group Twitter. 

Good morning from the beautiful Outer Banks.  Today’s foreclosure update is being made from hot and sunny, Corolla. 

Our Outer Banks foreclosure specialist reports 37 foreclosures in the Outer Banks.  Prices are currently ranging from under $50,000 to just over $1,000,000.  The foreclosure team at Red Sky Realty Group is knowledgeable on handling all size foreclosure transactions.  

If you would like more information on buying an Outer Banks foreclosure, give us a call at 866 777 3948. 

• If I have an FHA loan, how long do I have to keep the mortgage insurance?  Mortgage insurance must be maintained on an FHA loan until your loan-to-value reached 78% (from purchase date) or 5 years, whichever is longer. 
• If I have a conventional loan, how long do I have to keep the mortgage insurance?  A minimum of 12 months, but two ways of removing mortgage insurance on conventional.  The client can order their own appraisal, if the loan is at 80% of value, mail that into the mortgage servicer and request the mortgage insurance be dropped.  Or, the servicer is required to drop the mortgage insurance at 78%.
• The VA program has no mortgage insurance?  That is correct.  VA charges a funding fee that can be added into your loan amount.  There is no monthly mortgage insurance.  Funding fees are 2.15% for first-time use and 3.30% for subsequent use. reduced with down payments.  If a veteran is deemed 10% or more disabled by VA, the funding fee may be waived. 
• What about the USDA Guaranteed Rural Housing Program, do they charge mortgage insurance?  No, USDA operates much like VA.  USDA charges a 3.500% guarantee fee, which can be added into your loan.  There is no monthly mortgage insurance. 
• What is one thing that is new or enhanced about mortgage insurance?  Well, you can now obtain mortgage insurance on second home purchases up to $417,000.  We used to suggest people broke down their purchases into 80% first mortgages with the balance (5-10-15%) on a home equity line of credit, called a “piggyback”.  This was all done to avoid mortgage insurance.  Today, it is difficult to find a bank that will loan in excess of 85% total loan-to-value, but mortgage insurance companies will now go to 90% on the purchase of a 2nd home!  So, the next time someone asks you how much they would have to put down on a property, you can once again say with confidence, 10% on a second home.