Raeigh home owners facing foreclosure or short sale go through a tremendous amount of stress in the process of losing their home. Prior to December 2007, if a homeowner lost his home due to a bank forclosure or short sale, and the bank forgave any difference between the price it was sold for and what was […]
All posts by Linda Craft Team Realtors
Raleigh, NC Ranked #1 on Forbes List
Good news for all of us who live and love Raleigh, NC. Forbes.com ranked Raleigh #1 March 25th, 2009, as the best place for business and careers. Durham ranked #3. With wonderful publicity such as this, PLUS UNC and Carolina Hurricanes both in the play offs for championships the Raleigh real estate market is getting a nice media boost. […]
Pricing a Raleigh Home
It Takes Four Things For Every Homeowner to Sell a Raleigh Home: 1. A Compelling Price 2. Condition 3. Access 4. A good marketing agent Many sellers today feel very beat up and out of control in this challenging and competitive Raleigh real estate market. Many Raleigh home sellers get mad at their real estate […]
5 Things to Know When You Are Trying to Avoid Foreclosure and Save Your Credit
Unemployment, divorce, job transfer, death, financial crisis is finding many Raleigh homeowner’s struggling to make their mortgage payments. Mortgage payments are due by the first day of each calendar month. They are late on the 15th day of the month. After 15 days a late payment reminder letter arrives, after 30 days it is mortgage […]
Real Estate Broker Shot Over Earnest Money
Today I had an email from a REALTOR friend who works in another state telling me that an 88 year old man had walked into a local real estate office and shot the Broker in Charge because he wanted his earnest money back. I have seen many home buyers and home sellers dispute over who should receive […]
Should Buyers Buy in a Buyers Market?
Interest rates are below 5%, there is a surplus of housing which gives buyers unbelivable choices, sellers are motivated to sell and are pricing realistically and are still negotiating even lower than list price…Sounds like a fabulous buyers market to me and buyers should buy. Right? But, here it is January 2009 and buyers who […]
Raleigh Real Estate Boasts Unique Homes
Most of the homes in Raleigh have very similar features; bonus rooms, cul-de-sac lots, family rooms that open to the kitchen, neighborhood pools etc. But today, I wanted to share with you about a home that I have recently listed a home that is uncharacteristic for Raleigh homes. This Raleigh home is a rare treasure […]
Safety for Raleigh Home Owners
Today I heard that WRAL- Channel 5 -would be featuring a story on the potential danger home owners face when allowing strangers into their home when they are selling it themselves. As Agents we take this matter very seriously. Some of you may remember several years ago when a real estate agent in the Fayetteville […]
Raleigh Has A Growing Number of Homes in Foreclosure
Every day I watch and the number of new listings, price reductions and failed listing in the Raleigh real estate market. It is very concerning to me as I see our historically safe real estate market falling and our personal equity investment decreasing. Although Raleigh home prices have not fallen to the extent other areas […]
The Raleigh Real Estate Market is Causing Unbearable Stress and Heartache For Many Families.
The Raleigh Real Estate market is causing unbearable stress and heartache for many families. Many Raleigh homeowners’ are losing their homes to foreclosure because their anticipated income did not keep pace with their adjustable rate mortgages and inflation. Many people in this position call a REALTOR to help them sell their homes only to discover […]