F.A.Qs

Do you have questions about Outer Banks real estate or the general process of buying or selling a home in the Outer Banks area?

Rubert wants to help answer any questions that you may have about buying your Outer Banks property. If you cannot find the answer to your questions below please feel free to submit your own or contact Rubert directly.

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Buyers

Are interest rates negotiable?
Are property taxes deductible?
Are seller-paid points deductible?
Can I deduct the cost of home improvements to my Outer Banks home or Corolla home?
Can you negotiate the price on new homes in the Outer Banks or Corolla areas?
Do all loans require impound accounts?
Do I have to pay a real estate agent to help me find a home in the Outer Banks area?
Do I need a home inspection before I purchase a home in the Outer Banks Real Estate market or Corolla Real Estate market?
Do I need an attorney when I buy a house?
Do sellers have to disclose the terms of other offers?
How can I save on closing costs?
How do I drop PMI?
How do I find a good agent in the Outer Banks, Corolla, Dare County or Duck areas?
How do I find a home inspector in the Outer Banks Real Estate market or Corolla Real Estate market?
How do property taxes work in the Outer Banks Real Estate market and Corolla Real Estate market?
How do you choose between fixed and adjustable rates?
How is a home´s value in the Outer Banks Real Estate market determined?
How is the price set in the Outer Banks, Southern Shores and Corolla areas?
I am considering purchasing a home in the Outer Banks or Kitty Hawk area. How do I know how much home I can afford?
I am interested in purchasing a home in the Outer Banks Real Estate market, Corolla Real Estate market, Duck Real Estate market, Currituck Beach Real Estate market, Southern Shores Real Estate market, Kitty Hawk Real Estate market, Kill Devil Hills Real Estate market, Nags Head Real Estate market, and surrounding Dare County Real Estate markets. How do I get started in finding an Outer Banks home or surrounding area property?
Is a low offer a good idea for a home in the Outer Banks, Corolla, Nags Head or Kill Devil Hills areas?
Should I include an inspection contingency in my offer?
What are closing costs?
What contingencies should be put in an offer?
What does PMI cost?
What home-buying costs are tax deductible?
What is an appraisal and do I need one to sell or buy a home in the Outer Banks Real Estate market or Corolla Real Estate market?
What is an impound account?
What is escrow?
What is guaranteed replacement cost insurance?
What is PMI?
What is seller financing?
What is the best time to buy a home in the Outer Banks, Nags Head or Southern Shores area?
What is the difference between list price, sales price and appraised value?
What is the first step to buying a home in the Outer Banks or Corolla area?
What kind of home insurance should I get?
What repairs should the seller make?
What standards do appraisers use to estimate value of an Outer Banks home or Corolla property?
What tax benefits are there to homeowners?
What's a home inspection?
Who gets the furnishings when a home is sold?
Who pays the closing costs?
Why do I need a title report?
Why should I use a real estate agent to purchase a home in the Outer Banks, Corolla, Kitty Hawk or Southern Shores area?
Rubert Wilson, III Broker
Phone: 252-207-3557