Buyer Info RSS Icon
Found 188 entries about Buyer Info.

Homeowners Net Worth

A Homeowners Net Worth Is 40x Greater Than a Renter's

One of the best ways to build your family's financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it's time to start thinking about buying a home, especially when they are so affordable in today's market.

Every three years the Survey of Consumer Finances shows the breakdown of how owning a home helps build financial security. In the graph below, we see that the average net worth of homeowners continues to grow, while the net worth of renters tends to hold fairly steady and be significantly lower than that of homeowners. The gap between owning and renting just keeps

312 Views, 0 Comments
Read Full Post

Pros and Cons of Contingencies

Pros and Cons of Contingencies

In a perfect home buying world, buyers would be pre approved from lenders or would submit cash offers. There would be no appraisal necessary, homes would be pre-inspected, repairs made in advance, property disclosures would be meaningful and we would close in 30-days without contingencies or any hiccups. But in the real world, and according to the NAR 2020 Realtor Confidence Index, roughly 76% of contracts have contingencies. In this blog we explore the most common contingencies and how they affect the sale of a home both from a buyers and a seller's perspective.

What are Contingencies?

Contingencies are conditions within a contract for real property that must be met for the contract to move forward and be

188 Views, 0 Comments
Read Full Post

Getting Ready for Your Home Inspection What You Should Expect From A Home Inspection

You're under contract and you or your agent has set up the home inspection. It's time to get ready for a roller coaster ride of emotions.

There's the excitement that comes from really getting to take a good hard look at the home you're buying. It's typically the longest time you are in the house before you own it.

There's anxiety. What if the inspector finds something wrong? So wrong you can't buy the house?

Impatience. Where's my report? How bad is it? What's it going to cost to repair these things and how soon do I need to get them all done? Why hasn't the Seller responded to my request yet. Ugh, I hate this, when will it be over?

With countless hundreds of home inspections under our belts; you can

272 Views, 0 Comments
Read Full Post

Enjoy Southern Hospitality - 176 Old Piedmont Circle

UNDER CONTRACT!

Enjoy Southern Hospitality - Custom Craftsman Cottage

A Wonderful Place to Call Home - 

You're going to love living in 176 Old Piedmont Circle, a classic Craftsman style cottage located in the Briar Chapel Subdivision, 10 minutes south of UNC and Chapel Hill. Spectacular customized "Franklin III" was built by Homes by Dickerson and is loaded with upgrades. There are two main level bedrooms each with their own baths. The master suite features a curbless walk-in shower, dual vanities granite tops, large walk in closet with custom shelving. There's a Gourmet kitchen featuring a 42" SS gas stove with two ovens, a direct vent hood, built-in Microwave. Well positioned windows allow natural sunlight in  keeping it light and bright.

254 Views, 0 Comments
Read Full Post

62 Willow Bridge Durham NC - Close to Everything!

62 Willow Bridge, Durham NC - Close to Everything!

Willow Bridge Villas, located off Hope Valley Rd, midway between downtown Durham and Southpoint Mall. This spacious townhome is convenient to everything the area has to offer. Upstairs there are 2 large bedrooms each with private bath and roomy closets. Lower level offers large kitchen, dining and family room with fireplace, plus a half bath. Bright kitchen with smooth cooktop, tile backsplash and refrigerator, dishwasher and built in microwave. Outside there's a hard piped gas grill on the rear deck.  Nestled in wooded area, close to American Tobacco trail. Under 20 minutes to downtown, Duke, UNC, shopping, RTP/RDU. Freshly painted throughout and includes all appliances including washer and

362 Views, 0 Comments
Read Full Post

 

What You Should Know About New ConstructionWhat You Should Know When Buying New Construction Homes

There's a lot of new construction here in the Research Triangle Area, from fully customized high-end single family homes, to mass produced production homes with few options for the buyer other than cosmetic, and everything in between. Each and every builder has their own jargon and terminology to describe their product and there's a very significant difference in the quality of what and how they build and what a homebuyer can expect throughout the process. It's very easy to become overwhelmed.

Here's what you should know about buying new construction.

New homes have a lot of advantages, but there are trade-offs. As with any major purchasing decision, consider your personal priorities

1536 Views, 2 Comments
Read Full Post

Raleigh NC - Best Aging in Place

Aging in Place Options for Raleigh NC

My NC Homes presents another in our series of Best Aging in Place communities, focusing this time on Raleigh NC. This is a resource both for those looking to scale back from domestic responsibilities while scaling up in quality of life as well as for adult caregivers. Continuum living in the Triangle has a wide varity of retirement communities and traditional full care nursing facilities that many do not even know exist. From the latest in compassionate full-time care to independent luxury living, Raleigh aging in place options are many. Raleigh and the Research Triangle area in general are consistently ranked among the top 10 places to live by numerous national publications. If you would like to learn more

277 Views, 0 Comments
Read Full Post

Best Aging in Place: Durham NC

Aging in Place Options for Durham NC

Best Durham Aging in Place for Farm and Nature Lovers

 Croasdaile Village

Located in part on a dairy farm, Croasdaile Village offers over 275 acres of space for passive or active recreation and is a tranquil respite from bustling Durham. Originally founded on Methodist principles of compassion, Croasdaile Village retains compassionate care values in its programming and assistance plans.

  1. Location and Transportation: With a large campus and amenities, there does not require transportation, however transport is available to appointments and visits to Croasdaile VillageDurham.

  2. Residence Amenities: Living at Croasdaile is as close to home or better as a loved one could hope with apartments with high ceilings

226 Views, 0 Comments
Read Full Post

Meet Landis: A New Way to Go from Renter to Owner

Meet Landis: A New Way to Rent to Own

My NC Homes has never been a big fan of Rent to Own;because 99% of the time these offers were never truly meant to actually work. They were designed so that theBuyershave very little chance of actually ever owning the home so that the Seller could re-sell the home 1-2 years later to another Buyer and then another and another etc. If a Buyer was able to actually fulfill the Seller'sRent to Own Contract,the Seller still won because they'd gotten the buyer to end up paying them well above market rate. We've written about this previously in our Post Rent-to-Own is Never a Good Deal.

Meet Landis: A New Way to Go from Renter to Owner

Are you roughly a year from being able to buy the home of your dreams? Have

415 Views, 0 Comments
Read Full Post

 

5923 Longeria Ct

View the Tour

5923 Longeria CT

Located in a building with only three units at the end of a cul-de-sac. Three Bedrooms, a first floor bonus room and garage. Spacious Eat in Kitchen features Cherry cabinets, granite counters, SS appliances and dual pantries. The main level and entrance have HW floors. All appliances including washer and dryer are included. All windows come with custom wood blinds. This is truly Move in Ready. On the first level there's a large bonus room witch features a W.I.C. and full bath. This could easily be a second master bedroom suite, home office or media room. The community features pool, tennis, clubhouse, & more. Great N. Raleigh location, close to Umstead Park, Dining, RTP/RDU, Crabtree

326 Views, 0 Comments
Read Full Post

What's Your Home Worth? Find out now, for Free.

Let's Go