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If privacy and island living is what you are seeking, then Bald Head Island is right for you. As the southernmost island in North Carolinas cape islands, Bald Head Island is a 12,000 acre private island community accessible only by 20 minute ferry ride from Southport, North Carolina.

Luxury homes and villas line the cart paths that wind throughout the islands salt marshes and protected land. With the exception of a few emergency response vehicles, there are no cars on the island. Residents travel via electric golf carts and bicycles.

Graced by 14 miles of white sandy beaches, a championship 18-hole golf course, 2 club houses, state of the art fitness center, tennis courts, swimming pools, a full-service marina, an immense network of walking and cycling paths winding through the island, and a array of stores and restaurants.

The Bald Head Island 18-hole championship golf course is intermingled through a series of marshes, dunes, and maritime forests. Created by designer George Cobb, much of the terrain was left just as it was found.

Active adults will enjoy the clubs four soft-surface tennis courts, fitness center, mens and womens locker rooms, and resort swimming pool. The Shoals Club also has a swimming complex with a lap pool and children’s pool.

The Bald Head Island marina provides boaters with access to the Cape Fear River and the Atlantic Ocean. The ten acre harbor is equipped with boat slips varying in size from 30 to 100 feet.

If you love food, you can enjoy the casual and formal dining or shop at the islands grocery store for all your supplies you’ll need on your stay.

Bald Head Island has it’s own fire and police department. All the firefighters are certified paramedics, and the fire department has a basic medical treatment room in the case of medical need. If an emergency arises, transportation is available to one of the nearby hospitals on the mainland.

Custom residential homes, villas, and townhouses, and ready to build lots are available for sale through the private real estate agency located on the island. For those looking to build their dream home, a featured builder program offers portfolio homes and custom designs to choose from. Fractional ownership is also available through the a selection of two-story cottages and an affordable co-ownership program, with prices ranging from about $150,000 and up.

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Most of the time, Foreclosures occur when previous owners default on the mortgage payments and the property gets repossessed by the lien holder. These days, you will find many foreclosed homes and properties available for purchase in your area. This is a good thing for Investors!

If you are interested in buying a foreclosed home, you need to educate yourself about the topic so that you know what to expect from the deal. For a start, there are five main types of foreclosures that you should know about.

In the first stage of foreclosure there is a pre-foreclosure sale. Technically, the property or home is not yet in foreclosure, but almost there. The pre-foreclosure is basically when the property owners have received a notice or multiple notices of default. In these situations, the homeowner has the opportunity to sell to avoid credit damage, and real estate agents can work with them to get the home sold. Private investors are able to research public records to see which homes are in this stage and talk to the owners on their own.

HUD and government-owned properties are also a category in foreclosures. These properties were insured by government-backed agencies, like HUD, and have been foreclosed by these agencies. These properties are most commonly listed by agencies and auction houses. They will usually be presented in auctions, but you can also find a lot that are listed individually by real estate agents.

Properties owned by banks are called REOs. When these properties are foreclosed, they are resold in similar manners as the private auctions. The major difference is that the banks use real estate agents instead of listing agencies and auction houses. These properties tend to stay on the market a little longer, which makes the lenders more flexible; they are incurring more money by allowing it to remain unsold on the market. For more information and to learn how to buy foreclosures go to: www.investingwiththestars.net/season3

This can be tricky if you don’t know what your doing to buy foreclosures. For this reason, it is imperative that you gather as much information about foreclosures as possible. Take notes and talk to some people who have the expertise to help you. Good luck!

Want to find out more about buying foreclosure properties?forclosure investing, then visit Nancy Geils site on how to find and buy foreclosures preforeclosures for your needs.

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