Which is better, Well and Septic or Municipal and Sewer? The importance of clean water and waste removal when buying a home is obvious, but the misconceptions about whether public or private systems are better, persist. Buyers may feel that the private system is less of a financial burden because it is a one-time expense, but that is not necessarily the case, and the quality of a water table is also a factor to be considered. We decided to update our comprehensive guide published in 2015, for 2021 Buyers in our 2021 Buyer Guide to Water and Waste.
Water quality varies dramatically depending on your municipal water table and the age, depth, and health of your well. Since we published our last blog, there has been…
According to real estate top economists, there will be an increase of first-time homebuyers on the market in 2021. According to these predictions work from home Millennials will be looking to purchase single-family homes in mid-size cities and suburban areas that are not densely populated. Chapel Hill, Raleigh Durham, and the surrounding areas are likely to witness continued demand for single family homes and new homes. If you fall into the first time home buyer category, are considering going from apartment to single-family home, and are looking in the Triangle Area, we have some key questions to ask yourself before you start a home search in earnest, with a realtor. These questions will prepare you for the buying process and help make your offers…
With so much time indoors in 2020, we know many of our clients are looking for ways to get more enjoyment out of their home. As you prioritize your remodel plans or wishes, it is always a good idea to consider the potential resale value. With nearly 75 years of combined residential real estate experience, we have seen renovations that help sell a home and increase it's market value, as well as renovations that limit a home's broad market appeal in equal measure. While many sellers are under the false impression that renovation projects such as major kitchen and bath remodels, master suite additions, and swimming pools, will substantially increase the value of their home and this isn't always the case. Major…
What's a Good Credit Score and Why Does it Matter?
Your credit score is so important throughout your life that it should be taught as part of a standard curriculum for financial literacy and adulthood. Unfortunately it isn't and in this instance, ignorance is anything but bliss. In this blog, we're going to take a deep dive to explain the importance of your credit score, how it's determined and steps you can take to improve it. My NC Homes would like to help our would be home buyers understand how your credit impacts not just your ability to purchase a home but also the terms you'll be given. Just because your credit is fair on one report, it still might not qualify for the lowest available mortgage rates. You may also be rejected depending on the…
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…
What 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…
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…
Moving is stressful and real estate transacting, whether buying or selling, is emotional. The team you use can ease emotions or add drama. We have found that buyers who choose their vendors based on digital review or paid review sites have unreliable results, at best. In our decades of experience in real estate, we have witnessed the rise of the digital professional over the word of mouth professional, and would like to offer our vendors who are proven beyond paid review or page rank. If you are looking to buy or sell a home in Raleigh-Durham, contact a member of our team to begin your search.
A reputable lender will offer fair terms and competitive rates derived from your present financial status, adjusted income, and credit history.…
OK, we'll admit it; we are biased as this is where we live, work and play. North Carolina was ranked # 3 for inbound states. The Research Triangle Area has so much to offer, world class medical facilities, a rich, vibrant arts and restaurant culture, booming economy, easy access to a major airport (RDU) as well as the mountains and ocean. Best of all home prices while rising are still a bargain when compared to major metropolitan areas along the east coast.
Americans are on the move, and the most recent Atlas Van Lines Migration Patterns Survey tracked the 2019 traffic flow from state-to-state.
Idaho held on to the top spot of &high inbound states for the second time since 2017, followed by Washington State.