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The Foxfire Report for 4th Quarter of 2022

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The Foxfire Report

 

December of 2022 saw a total of 38 properties sold for a total monetary value of $5,712,784.00.

There were 18 homes sold, along with 15 parcels of land and 3 commercial properties.  

 

November of 2022 saw a total of 58 properties sold for a total monetary value of $8,827,000.25.  

There were 31 homes sold, along with 26 parcels of land and 1 commercial [...]

The New Mitchell County Zoning/Subdivision Ordinance

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This is the new Mitchell County Zoning/Subdivision Ordinance Passed in 2022

Notes are made by Peter Franklin throughout this heinous attack upon individual property rights to point out all that is wrong.  Our commissioners mean well, but they must revisit this terrible and most historically significant piece of legislation that they have [...]

The Foxfire Report for Mitchell County, June & July 2022

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Real Estate sales and transfers along with building permit data is one of the main economic indicators to the viability and success of an area.  Spruce Pine and Mitchell County as a whole is the place we love and call home, and we as property owners have chosen this ground to stake our most valuable investments.  We have fervent desires to not only be successful and safe, but to provide a future for our posterity based on our faith, morals, and beautiful clean environment.  We seek a progress worthy of our mountain heritage, independence and hard working industriousness in this American high country that claims our life, liberty and the pursuit of property.

Foxfire Real Estate and Elite Marketing is the dominate firm in this area, and as such we are active community stakeholders dedicated in our service to promote a healthy real estate market that serves for the betterment of all Mitchell County.  With our knowledge and expertise in marketing we are uniquely positioned to serve as advocates for the success of the individuals that make up this wonderful town and county. 

Dual Agency Explained

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The National Association of Realtors has noted that a growing number of buyers desire to work directly with the listing agent on properties. In NC, this creates a relationship that the state defines as “Dual Agency.” Another way of looking at it is that the “Dual Agent” is both the “Seller’s Agent” and “Buyer’s Agent” combined.

Many persuasion pieces have been written to encourage buyers to always use a Buyer's Agent because of a supposed difficulty the Dual Agent may have in advancing the interests of both the buyer and the seller. Supposedly a Dual Agent’s loyalty is divided between parties with competing interests. This is simply not true, especially for real estate agents working in North Carolina.

Choosing The Right Bank Or Lender

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One of the most important decisions in home buying is which bank or lender to use for financing.  Very often the bank you have accounts or auto loans with is not the best choice.  Consulting your Foxfire Realtor is the first step in choosing the right lender.

Your real estate broker with Foxfire will know which banks will loan on what types of homes (stick-built, log cabins, modular, double-wide, etc.); which banks are known to be speedy in closing on a transaction; and which banks use competent underwriters and appraisers and allow for appraisals to be transferred.