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Carolina Airparks

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A real estate agent & Realtor® helping aviators find AIRPARK or AIRSTRIP property in the Carolinas.

Want to sell?  Want to Buy?  Call Allen & Allen, Inc. of Salisbury, NC:  (704) 798-5214 or (877) 279-9623. 

 Ask for Geneva-Licensed in both North & South Carolina-Email:   Geneva@NC-Airparks.com

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Sell airpark and airstrip property.  That's what we do!  That's all we do!

Licensed in both North and South Carolina

 

You should know about Due Diligence in NC --  it is different.   It's the law!!!

Understanding Due Diligence and Earnest Money on the NC Offer to Purchase and Contract

Good explanation HERE - www.housesincharlotte.com/blog/tags/due-diligence-period/

This is the simplest complete explanation I have seen.

 

BUYERS

What you need to buy a property! 

To Present an Offer in Writing you should

Include with your Offer:  1)  any information that will justify your offer price if it is different from the asking price

2)  a pre-qualification letter or a proof of funds letter from your bank.

 

If you plan to finance your purchase you should have a letter of preapproval when you look at a property.

 

Then if you decide to make an offer on a property

1) You should make arrangements for your cash funds to be verified by a "proof of funds" letter from your bank or

2) You should acquire a pre-approval letter from a lending institution before you make an offer on a property. 

One of these should be presented to the seller when you make an offer on a home..

 

Either the pre-approval letter or the 'proof of funds' letter should be submitted together with the Offer to Purchase

to the sellers/owners.  Most buyer's agents will not take an Offer to Purchase to their sellers without one or the other.

 

The buyer's agent and the seller often require that you show proof that you can pay before they are

willing to accept your offer.

 

Pre-Qualified does not guarantee that you will get a loan.

Getting pre-qualified is the initial step in the mortgage process, and it's generally fairly simple. You supply a bank or lender with your overall financial picture, including your debt, income and assets. After evaluating this information, a lender can give you an idea of the mortgage amount for which you qualify. Pre-qualification can be done over the phone or on the internet, and there is usually no cost involved. Loan pre-qualification does not include an analysis of your credit report or an in-depth look at your ability to purchase a home.

The initial pre-qualification step allows you to discuss any goals or needs you may have regarding your mortgage with your lender. At this point, a lender can explain your various mortgage options and recommend the type that might be best suited to your situation. (For more, see Mortgages: How Much Can You Afford?)

Because it's a quick procedure – and based only on the information you provide to the lender – your pre-qualified amount is not a sure thing; it's just the amount for which you might expect to be approved. For this reason, being a pre-qualified buyer doesn't carry the same weight as being a pre-approved buyer who has been more thoroughly investigated. (To read more, see 4 Steps to Attaining A Mortgage.)

Pre-Approved takes much more regarding your loan into account which allows you to look

for the house you can buy.

Getting pre-approved is the next step, and it tends to be much more involved. You'll complete an official mortgage application (and usually pay an application fee), then supply the lender with the necessary documentation to perform an extensive check on your financial background and current credit rating. (Typically at this stage, you will not have found a house yet, so any reference to "property" on the application will be left blank). From this, the lender can tell you the specific mortgage amount for which you are approved. You'll also have a better idea of the interest rate you will be charged on the loan and, in some cases, you might be able to lock in a specific rate.

With pre-approval, you will receive a conditional commitment in writing for an exact loan amount, allowing you to look for a home at or below that price level. Obviously, this puts you at an advantage when dealing with a potential seller, as he or she will know you're one step closer to obtaining an actual mortgage.

The other advantage of completing both of these steps – pre-qualification and pre-approval – before you start to look for a home is that you'll know in advance how much you can afford. This way, you don't waste time with guessing or looking at properties that are beyond your means. Getting pre-approved for a mortgage also enables you to move quickly when you find the perfect place. When you make an offer, it won't be contingent on obtaining financing, which can save you valuable time. In a competitive market, this lets the seller know that your offer is serious – and could prevent you from losing the home to another potential buyer who already has financing arranged.

Once you have found the right house for you, you'll fill in the appropriate details and your pre-approval will become a complete application.

Getting Committed

The final step in the process is what's called a "loan commitment," which is only issued by a bank when it has approved you, the borrower, and the house in question. This means the home should be appraised at or above the sales price. The bank may also require more information if the appraiser brings up anything he or she feels should be investigated (i.e. structural problems, accessibility issues, outstanding liens or litigation in progress). Your income and credit profile will be checked once again to ensure nothing has changed since the initial approval. (For more, see Understanding Your Mortgage.)

A loan commitment letter is issued only when the bank is certain it will lend, so the commitment date on your purchase contract should be closer to closing than to the date of your offer. (The seller can ask to see that letter as soon as the date has passed, so beware of anyone who tries to put an early commitment date into your contract).

The Bottom Line

Be warned. Pre-approved and pre-qualified are not the same thing. Don't assume that the bank will provide your loan until you have the former. The mistake could cost you your new house.

Read more: Pre-Qualified Vs. Pre-Approved - What's The Difference? http://www.investopedia.com/articles/basics/07/prequalified-approved.asp#ixzz3t0t2dW6d 
 

DID YOU KNOW:   The choices you make when you are looking for a property will affect how real estate agents are able to work with you.  A Realtor is bound by the Realtors Code of Ethics that addresses how agents should work with each other and with clients and customers.  As a buyer you may not know that the agent you call to show you a property considers him or herself to be the "procuring case of sale" and that agent can claim part or all of the buyer's agent commission whether or not he/she acts as your buyer's agent. 

How does this affect you as the buyer?

When you call different agents to look at properties you may feel in control but you may also be creating legal havoc among the agents.  You could lose the opportunity to have exclusive representation and you could be jeopardizing your opportunity to negotiate the best price for the property you eventually buy.

Don't want to pay a commission?  Consider this.........

The cost of the commission is actually built into the price a property sells for.  A listed property's price will include a commission that is paid by the seller whether you have a buyer's agent or not.  The seller has a contract with his/her agent that includes the commission so if you choose not to have a buyer's agent the part of the commission that would pay for your buyer's agent actually goes to the seller's agent when you close.  If you go to the seller trying to avoid the commission, once again the part of the commission that would pay for your buyer's agent actually goes to the seller's agent and you still do not have representation.  When you buy a property that is for sale by owner at what appears to be the market price you are actually paying the amount the owner would normally pay in commission to an agent and you don't have the benefit of having representation.

Specialty Markets.....

Choosing then sticking with one agent to do the work for you is your best chance to find a suitable property and to be able to buy it for the best price.  When choosing a buyer's agent choose one that knows the types of properties you are interested in.  Most agents specialize in certain areas of the real estate market.  Here at NC-Airparks we specialize in airpark and airstrip properties, properties that are most often not well known by local real estate agents.  Our agents are not going to the beach to sell an ocean front property or downtown in a city to sell you a property.  We would refer you to a professional agent who works these properties on a daily basis; someone who can represent your best interest.

The easiest and best way to view homes for sale is to have the one agent you choose to work with show you all of the properties you look at. 

What are the responsibilities of a real estate agent?

A real estate agent has the responsibility to help you in the following ways:  they must

promote your best interests

be loyal to you

follow your lawful instructions

provide you with all material facts that could influence your decisions

use reasonable skill, care and diligence, and

account for all monies they handle for you.

Once you have agreed (either orally or in writing) for the firm and its agents to be your buyer’s agent , they may not give any confidential information about you to sellers or their agents without your permission so long as they represent you.

By working with only one agent, you can get answers to all of your questions about any property you want information about and you are protected from the possibility of doing something that will jeopardize your position in the negotiation.

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BUYERS AGENT:  When working with a real estate agent it is important to establish a relationship of trust (a fiduciary relationship) which works both ways.  It is our goal to be able to assist you in finding a property that meets your needs while you in return take advantage of our expertise and knowledge when finding and buying these unique properties. 

Local real estate agents often know nothing about aviators needs or the characteristics of each airpark community.  We do! 

COST TO YOU:  If you think it costs you more for us to work with you then your are wrong?  THINK AGAIN!  You are likely to save both time and money if you let us assist you with your search for an airpark or airstrip property.  Finding and buying an aviation property involves an expertise we have acquired over the years.  There is no class or instruction that teaches agents what we know about airparks properties.

  Aviation properties posted on these pages are here because the seller has agreed to pay the commission in their listing contract with their listing/seller's agent.  As a result using our services COSTS YOU NOTHING EXTRA and you can be assured that you are working with someone who knows the ins and outs of securing your purchase in an aviation community.

WHAT WE DO!  We are a full service real estate office who provides this website free of charge for aviators. When you contact us before you physically come to the Carolina's you will know all there is to know about properties in airpark communities or properties with an airstrip available for sale.  We can keep you updated and informed, answer questions and generally work with you from the beginning of your search.  When you visit airpark communities in the Carolinas, we will meet you, show you around and help you find the property you are looking for.  And finally, when you do purchase a property we can be sure you will know all there is to know about it including information related to security of your investment aviation-wise.

Additionally, we advertise (market our listings) to the aviation community worldwide.  Selling a home or lot as an aviation property increases its market value and supports the General Aviation communities in NC & SC.  Keeping an airpark property in the ownership of aviation-minded people protects the owners and assures them that their community will remain an airpark community.

NEEDED SERVICE:  NC Airparks was established in 2004 by Bruce & Geneva Allen to provide a real estate service specifically for owners of properties in airpark communities.  In order to be sure clients have the best service possible we have dedicated our time to learning all we can about the various airpark communities in the Carolinas.   Because this is our specialty niche in the real estate field our research is on-going and our knowledge and data bases continue to grow.  It would be difficult, if not impossible, for anyone to duplicate within a few days or weeks all the information we have collected in the past eleven years.  So call us for information and complete representation.  It doesn't cost any more to use our services than to use a buyer agent who doesn't know anything about airpark properties. 

We work as Exclusive Buyers Agents for properties listed by other agents and as Dual Agents for properties we have listed.  

ADDITIONALLY:

  • Only a few of the many available airpark properties in the Carolinas are posted here. 

  • Sometimes owners tell us about properties they would consider selling but do not want to market actively.   These properties are not listed anywhere.  We share information about these properties only with our committed buyers.

  • Some airpark or airstrip owners choose to advertise locally with a local agent.  We have a list of these properties and answers to all your questions concerning these properties.

  • Whether working as your Buyers Agent or as dual agent (working for both the buyer and the seller) we strive for a 'Win-Win' outcome.  Thus far we have succeeded in achieving that goal and in the process we have made many friends.

Call or email us today.  Information is free and you will not find a single better source to help you find and purchase airpark properties in the Carolinas.

CALL Geneva 704-798-5214 or  EMAIL ME HERE!

LOOKING TO LIVE WITH YOUR PLANE?

Many airpark lots and homes are for sale at various airparks in the Carolinas. 

 We help buyers find the property they seek .

 We help sellers find buyers for their airpark & airstrip properties. 

 We research sales and listings at airparks in the Carolinas daily.

 

 Looking for an airpark or airstrip property?

SAVE TIME & MONEY.

 

We have already done the research for you.

We have lists of available properties.  Information is FREE!  You only need to ask.

 

Sell airpark and airstrip property.  That's what we do!

That's all we do!

 

The purpose of our website is to advertise our listings.  Although advertising is the responsibility of the listing agent

for particular properties, we have a list of many airpark and airstrip properties for sale in North & South Carolina.

We are your source for information.  We will represent the buyer in any transaction on a verbal agreement.   When you

make an offer we will confirm agency with a non exclusive written agreement.

 

CALL Geneva 704-798-5214 or  EMAIL ME HERE!

Property Disclosure/Disclaimer Notice from Real Estate Broker and Agent:  The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy.  Any information of special interest should be obtained through independent verification.

Disclaimer

The information on this Web Site is obtained when our agents scout out and collect information about both active and defunct airstrips across the state of North Carolina.  The agency relies upon this data for the purpose of doing our real estate business and providing clients with information about airparks and airstrips that are in the state of North Carolina.  Allen & Allen, Incorporated, operating under the registered trade name NC-Airparks.com, makes no warranty, expressed or implied, concerning its accuracy and completeness and users are advised that their use of any data is at their own risk.  Allen & Allen, Incorporated assumes no responsibility for any decision made or any actions taken by the user based upon information obtained from this Web Site. The user agrees that Allen & Allen, Incorporated shall be held harmless from all actions, claims, damages or judgments arising out of the use of data displayed on this site.

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