Blog: Benjamin Vanhook's (franklinrealtor) Blog

First GMAC Foreclosure

Tue, 20 Mar 2012 - Here is my first REO Property from GMAC.  Here is the listing description: Lovely Home on large lot located in Iotla Valley. Mountain Views without the steep terrain. House features Hardwood floors in living and dining area. Spacious Kitchen with lots of counterspace and Breakfast Bar. 3 bedrooms and 2 full baths. Master bedroom has walk-in closet and bath with his and her sinks and garden tub. Relax on large deck and enjoy the mountain views. Must see at this price! This is a must see home at this price!  Check out the virtual tour and full listing here.  http://www.mountainpro.co/listing88.htm

New HUD REO in North Carolina

Tue, 21 Feb 2012 - I was delighted to find I would be receiving HUD foreclosure listings for WNC.  I have just received my first HUD listing.  It is a cute 2 Bedroom - 2 Bath home close to both Murphy, North Carolina and Tennessee.  Home has a finished basement, level yard, and storage building.  Home qualifies for FHA 203k and can be bought for as little as $100 down.  Priced to sell only $70,000.  Home is very  close to Fields of the Woods! There are many nearby Mountain Lakes, creeks, rivers and streams  You can view the virtual tour: http://youtu.be/AWT9PAgyf3c .  I hope this is the first of many HUD listings so keep checking back.

Why you should be living in Franklin North Carolina

Fri, 30 Dec 2011 - Everyone has a preference of where they want to go and what they want to do.  Young Adults want adventure, excitement, and an up beat lifestyle.  Middle aged couples need a medium pace with nice restaurants and social entertainment.  Seniors want the slow relaxed pace with relaxation and quite evenings.  Its hard to believe but in a small rural town located in North Carolina everyone can have it all! Young Adults: Franklin is in the heart of the Blue Ridge Mountains.  With in 30 minutes of Franklin you will find the nations top white water rafting, hiking, and rock climbing.  Also, you can visit one of 6 lakes with in 30 minutes of Franklin to enjoy water sports such as skiing and fishing.  When winter arrives enjoy snow skiing and tubing!  Franklin is growing and offers great night life in town  along with bigger dance clubs with in an hour.  Looking to have some real fun? Enjoy Harrahs Cherokee Casino just 30 minutes from downtown Franklin.  Soon to be offering live dealers! If you are looking for work Franklin has great tech, factory, and government jobs available. Middle Aged Couples:  Come to Franklin and experience the best we have to offer.  Franklin is surrounded by the top trout streams in the world, both hatchery supported and native streams.  With a growing deer, bear, and turkey population there is something to do all year round.  Franklin also offers over 30 restaurants offering BBQ, Italian, Mexican, Steaks, Cajun, Tai, and many other cuisines.   Franklin has put a vast amount of resources into the "Greenway" which offers biking and hiking along the Little Tennessee River.  Also, enjoy some of the top ranked Golf Courses in the world just minutes from downtown Franklin. Seniors:  Franklin has a great senior schedule provided by the Senior movement.  Enjoy shuffle board, softball, cards, and many more activities offered at the Rec Department.  If activities isn't your cup of tea Franklin has the southeast biggest antique mall along with many other antique malls that offer true "picked" antiques from across the United States.  For entertainment enjoy plays, shows, concerts, but on at the Great Smokey Mountain Center for the performing arts.  Names such as Randy Travis, Charlie Daniels, The Inspirations, Little Big Town, and many more have came to Franklin to entertain.  Also, there is the Great Smoky Mountain Railroad offering fun for both the Grandparents and the Grandkids! Franklin has everything a senior could possibly want! If your looking to buy Real Estate in the Mountains or just find real estate for retirement.  Franklin is a great place to be and the best place to live!

Invest you IRA into North Carolina Real Estate

Tue, 06 Dec 2011 - In reading the latest investment strategies published by many of the Top Investment firms. The only thing I find in common that every firm agrees on; is its time to find investments to Hedge again the dollar and euro.  Everyone agrees that inflation is almost inevitable. To hedge against inflation investment firms are suggesting to invest in commodities including Gold and Land.  North Carolina Mountain Real Estate offers a great opportunity for investment. Investment properties include Rental Properties returning 10 to 15% after all fees are paid to management companies.  In comparison to many IRA accounts this is 5 to 7 times the normal IRA return.  Properties are rented and many of the owners are needing cash now and willing to take a hit on price.  Franklin, North Carolina has a growing economy with Drake Software, Catepiliar, Tektone, and other corporations located there.  The rental market continues to remain stable and in most case rise.  With these factors rentals in Franklin North Carolina continue to be a very popular investment. One great commercial property with 9.32 acres and a hotel can be bought for $1 million with a guarantee of a 6% return for the next 3 years paid directly to the buyer or investment holder.  This is 3 to 5 times what IRA accounts or CDs are paying. While earning the 6% return the buyer is also making a solid investment in a growing commercial economy.  The property is located on the highest traffic count highway in the far Western Counties of North Carolina. Mountain lots are another avenue for investing.  Lots that previously sold for $100k, $200k, up to $500k can be bought for around $10k!  Less than 1 penny on the dollar!  Lots are in gated sub divisions and offer fantastic views.  Lots can be bought through IRA's for future investment or pay now and have a solid investment you can use or sell. If you are buying through an IRA there are several rules to follow.  I have a great Self Directed IRA company that takes care of all the headache and paperwork.  Its as simple as sending your info to them and finding the investment that's right for you.  They even help manage the investment while you own it.  If you have any other questions or comments please feel free to email me at anytime. ****Benjamin Vanhook nor Mountain Pro are investment firms or give investment advice.  Benjamin Vanhook and Mountain Pro are Real Estate Brokers (Firms) and can help with the buying or selling of property.  Always perform due diligence before making a real estate investment.

Invest in Mountain Lots

Fri, 11 Nov 2011 - Now is a better time than ever to invest in Mountain Lots in North Carolina.  Mountain View Lots, Lake View Lots, River View Lots, Golf Course Lots, and Easy Building Lots can be bought for literally a penny on the dollar.  Lots in communities with amenities such as clubhouse, pool, golf course, paved roads, underground utilities, water frontage, and long range mountain views are all available and can be bought for as little as $5k.  The best part is you can buy these lots using your Self Directed IRA or other retirement accounts.  This is a great way to build your IRA portfolio for future growth or to have a retirement place for the future.  Lots in Franklin, Lots in Bryson City, Lots in Sylva, Lots in Murphy, Lots in Cashiers, Lots in Glenville, Lots in Highlands, and Lots all over Western North Carolina are available and ready to be bought at amazing discounts.  Of course not all lots are equal and you need an agent to help perform due diligence to locate lots in established communities for future growth.  Now is a great time to buy!