Walk This Way: What Is The Walkability of Your Raleigh Real Estate?

Photo Courtesy of www.walkscore.com

As a Raleigh Real Estate homeowner, do you prefer to walk to your destination when possible? Would you rather hop on your bike and cruise the Capital Area Greenway instead of burning fumes? Are you interested in buying a Triangle home and are curious how close it is to the hustle and bustle? If you answered yes to any of these questions, then you will love the website Walkscore.com.

Lace Up Your Sneakers and Explore The Greater Triangle Area

Walkscore.com grades your city and general neighborhood on how walk-friendly it is. Raleigh is 36th in the US with 403,892 residents and a walk score of 41. That is not too bad when you think about places like New York City and San Francisco who are in the top 10!

Which Raleigh Neighborhoods Have the Highest Score?

Central Raleigh has the highest walk score of 75 with access to everyday conveniences such as entertainment, recreation and dining. Several North Raleigh neighborhoods around Falls of Neuse (Score 55) and Six Forks Rd (Score 49) have average walk scores due to their proximity to great restaurants and city parks.

Thinking about purchasing a Wake Forest, Apex or Holly Springs home? Most surrounding towns such as Wake Forest, Apex and Holly Springs all have charming downtown areas that are easily assessable to neighborhoods.

Gear Up With Bike Friendly Raleigh Real Estate

Most, if not all Raleigh neighborhoods can be bike friendly. Always be sure to practice safety when riding in non-bike marked areas and lanes. Some main roads and highways limit how much cycling you might be able to do but there are great trails that can connect you through the Capital Area Greenway. You may even find a Raleigh home that backs up to one of these trails! You can ride your bike from downtown Raleigh all the way to North Raleigh on trails alone!

Interested in buying or selling a home in the Triangle? Call 919.235.000 or visit our website for more information! We are here to help you achieve your dreams!

Check out what our local real estate market has to offer!

1508 DILLON CIRCLE

1508 DILLON CIRCLE
Price: $375,000
City: Raleigh
State: NC
Zip: 27610

4805 JOHN WHITE DRIVE

4805 JOHN WHITE DRIVE
Price: $245,000
City: Raleigh
State: NC
Zip: 27610

302 GLEN BONNIE LANE LOT 829

302 GLEN BONNIE LANE LOT 829
Price: $268,000
City: Cary
State: NC
Zip: 27511

608 CROWN COURT

608 CROWN COURT
Price: $240,000
City: Cary
State: NC
Zip: 27511

5409 FIELDSTONE DRIVE

5409 FIELDSTONE DRIVE
Price: $300,000
City: Raleigh
State: NC
Zip: 27609

115 KRAMER COURT

115 KRAMER COURT
Price: $289,900
City: Cary
State: NC
Zip: 27511

105 MUSES COURT

105 MUSES COURT
Price: $359,900
City: Cary
State: NC
Zip: 27513

920 RAVENWOOD DRIVE

920 RAVENWOOD DRIVE
Price: $290,000
City: Raleigh
State: NC
Zip: 27606

111 BERTIE DRIVE

111 BERTIE DRIVE
Price: $259,900
City: Raleigh
State: NC
Zip: 27610

5717 HEDGEMOOR DRIVE

5717 HEDGEMOOR DRIVE
Price: $400,000
City: Raleigh
State: NC
Zip: 27612

 

Wake County Real Estate Facts and Figures : Population

Are you relocating and interesting in buying real estate in The Greater Raleigh Area? Or are you a current Raleigh real estate owner and are curious to know what the current population is and where it is expected to go? Well this infographic is just for you! We have compiled local population figures from local towns and the city of Raleigh so you can get a better idea of where we are and where we are going.

Raleigh Goes Boom!Raleigh Population Infographic

Raleigh had over 10.8 million visitors last year according to Greater Raleigh Convention and Visitors Bureau! That is an astounding figure! We like to think that once people visit they like it so much that they want to move here. Raleigh has had tremendous growth since the 2000 Census. Wake County alone had a population increase of 273,147 from 2000 to 2010. It is estimated that Wake County currently has 958,015 people living here and Raleigh expects to hit 1 million by 2015.

Won’t You Be My Neighbor?

Not only is Raleigh growing but the towns around us are as well! The towns that experienced the greatest growth since 2010 are Cary, Morrisville, Holly Springs, Fuquay-Varina and Wake Forest. These are quickly becoming real estate hot spots while offering a small town feel. With our growing tech industry in RTP, Morrisville is a great place to buy a home if you need to be close to work. Even surrounding counties such as Orange (Chapel Hill) and Johnson are experiencing steady population spikes as well.

What Does This Mean for Triangle Real Estate?

You might be asking yourself, “what does this all mean for the Raleigh housing market”? Great question! As more people move here, Raleigh real estate is in high demand. We are experiencing a shortage of housing supply due to the high demand and lack of homeowners placing their homes on the market. Triangle Area Homes are moving faster than they were last year and many people are getting into multiple bid situations on homes they want. It is important for home buyers to stay positive and act quickly. Low inventory creates competition which can then bring home prices up.

Now is a great time to buy while interest rates are still low. Call our office today (919.235.0007) to get connected with an experienced buyer and relocation specialist who can help you navigate the Triangle Real Estate Market!

For more facts and figures on the area visit the WakeGov.com website or view a population presentation here.

(Note: All data compiled for Infographic was based off research and numbers given by the Internet and local municipalities. All data is subject to change and is not guaranteed.)

Energy Star Neighborhood : Not Just for Lightbulbs

We have all heard of energy star appliances. Stainless steel refrigerators, low flow toilets and compact fluorescent light bulbs are usually what comes to mind when one hears “energy star”. But have you ever heard of an entire neighborhood being energy star certified?

An energy star neighborhood is built to meet criteria and standards set by the _______. Homes are built more efficiently so they use less energy and save the homeowner money.

Many homeowners across the country have become increasingly interested in green building and conserving energy is a great start! Homeowners can expect to experience lower utility bills, energy conservancy and environmental protection.

According to the ENERGY STAR website, builders have partnered with ENERGY STAR and are leaders in energy-efficient construction and environmental stewardship, providing valuable peer and public recognition that translates into market advantage because consumers increasingly ask for ENERGY STAR.

View our current listing in Wake Forest that is part of an energy star certified neighborhood.

 

 

 

Micro-Gardening in the Triangle : Optimizing Your Triangle Real Estate’s Outdoor Space

Grace Park Front Streetscape with StairsOwn Raleigh Real Estate  or planning on buying a Triangle home but don’t have a spacious yard for starting a garden? Don’t be discouraged! Micro-gardening is a great way to have the bountiful garden you want with limited space.

The FAO defines micro-gardens as intensively cultivated small spaces – such as balconies, small yards, patios and rooftops.

How Does Your Raleigh Garden Grow?

Many Triangle homeowners use containers on their back patios or decks to hold tomatoes, cucumbers and more. Others prefer hanging vessels such as the Topsy Turvy or a standard hanging planter. You are only one Google search away from seeing all sorts of gardens grown in a variety of non traditional containers such as reusable shopping bags, wood shipping pallets and laundry baskets. The grow bag is another colorful alternative to the standard terra cotta pot. Check out our Houzz.com Ideabook on urban gardens and how they can enhance your property in the Greater Raleigh Area.

Thinking of Selling Your Raleigh Area Home?

Fast forward a few years and now you are ready to move out of your Triangle area townhome and into a detached home in Cary/Wake Forest/Raleigh or Morrisville. What do you do with the container garden you have been nurturing for all of these years? The great thing about containers is that they can easily be moved! Another option is to donate your plants to a local food bank or community garden. It is important to clear and clean off any patio/deck of overgrown plants so the potential home buyer can see how much space they will have for their own container garden!

Anything is possible with a little imagination and hard work!

Interested in buying or selling a home in the Triangle? Call 919.235.000 or visit our website for more information! We are here to help you achieve your dreams!

Check out these homes that have great yards!

1104 CHATHAM LANE

1104 CHATHAM LANE
Price: $329,000
City: Raleigh
State: NC
Zip: 27610

1300 TOBACCO BARN ROAD

1300 TOBACCO BARN ROAD
Price: $239,900
City: Fuquay Varina
State: NC
Zip: 27526

1508 WOODFIELD CIRCLE

1508 WOODFIELD CIRCLE
Price: $325,000
City: Fuquay Varina
State: NC
Zip: 27526

5417 CARDINAL GROVE BOULEVARD

5417 CARDINAL GROVE BOULEVARD
Price: $234,950
City: Raleigh
State: NC
Zip: 27616

920 RAVENWOOD DRIVE

920 RAVENWOOD DRIVE
Price: $290,000
City: Raleigh
State: NC
Zip: 27606

3008 REMINGTON OAKS CIRCLE

3008 REMINGTON OAKS CIRCLE
Price: $319,900
City: Cary
State: NC
Zip: 27519

322 KNOTTS VALLEY LANE

322 KNOTTS VALLEY LANE
Price: $344,900
City: Cary
State: NC
Zip: 27519

3100 AVONDALE COURT

3100 AVONDALE COURT
Price: $336,000
City: Raleigh
State: NC
Zip: 27613

223 WOODLAND RIDGE DRIVE

223 WOODLAND RIDGE DRIVE
Price: $198,500
City: Fuquay Varina
State: NC
Zip: 27526

933 GLENMACIE DRIVE

933 GLENMACIE DRIVE
Price: $284,900
City: Fuquay Varina
State: NC
Zip: 27526

 

 

 

 

 

 

How Does All of This Rain Affect Your Raleigh Real Estate?

Photo Courtesy of WRAL.com
Photo Courtesy of WRAL.com

According to local mold experts, Remtech, we have had record breaking rainfall this summer. It is saturating the water table and the ground around houses. The air temperature has been low compared to most summers in the Triangle. What does this mean for your and your Triangle home?

 

The Dreaded Word….MOLD

Combine the conditions we are having in Raleigh, North Carolina and the word mold comes to mind. This ugly, good for nothing word is the last thing any Triangle Real Estate home owner wants to think about but it is a very common thing in the South.

According to Remtech, “without heat, moisture can get trapped in your crawlspace below your home. This supercharges mold growth, invites termites to feast on wet wood and could potentially weaken the foundation of your home.” Add the recent heavy humidity and the air in the crawlspace does not have time to dry, resulting in one unwelcomed situation.

What Are the Signs of Mold In Your Raleigh Home

Always rely on your senses to detect problems in your home. It is equally important to check for these when buying Raleigh/Wake Forest or Cary real estate. Check behind any inspections and don’t be afraid to say something if you observe mold/mildew.

  • Smell: It is hard to miss a musty, damp smell that is caused by mold
  • Sound: Listen for  water dripping
  • Sight:  See if water droplets or standing water is in your crawlspace
  • Taste: We don’t recommend you taste for mold!

Air quality is greatly affected by mold and moisture. 40% of your indoor air comes from the crawlspace according to Remtech. Breathing in mold and mildew can be hazardous to your health so it is imperative you check your crawlspace periodically.

Contact your local mold remediation company such as Remtech to have someone perform structural drying or water damage restoration to your Triangle home.

Here at Linda Craft & Team, we work with  inspectors who have been in the business for many years and are great at detecting issues. Your happiness and satisfaction is our priority so we only work with the best home care providers in the area.

If you are a home buyer or seller and would like more information, please contact our office at 919.235.0007 or visit www.LindaCraft.com.

We look forward to hearing from you!

 

 

High Dive or Belly Flop? How Swimming Pools Affect Raleigh Home Values Continued

Swimming PoolOn yesterdays blog we looked at the local generations that make up the Triangle Real Estate market. Different generational outlooks vary on the ownership of owning a pool, but no one can deny the increasing value it adds to a home! Since there is a higher demand for pools, many homes with them now sell faster and for more money! Closed properties with pools are bringing in 5% to 10% higher than those without pools. It is not 100% ROI but is it is clear that there is a more positive outlook on them than ever before.

Before we go any further we should discuss the different types of pools that are available to homeowners.

Types of Pools in Raleigh Real Estate

  • Above-ground: Cheapest construction option but does not return any value and most buyers want them removed prior to closing
  • Fiberglass: Molded into a basin shape
  • Vinyl lined in ground: Similar to above ground and lining needs to be replaced every 10 years
  • Gunite: Most popular design found in Raleigh. Consists of a durable mixture of cement and sand over a mesh grid.
  • Poured concrete: Concrete is poured into conventional wooden forms

Thinking About Selling Your Raleigh Home with a Pool?

There are several things to consider when listing your home and how the pool will affect the area?

  • Demand: Are pools popular in your area?
  • Style: Is the pool style and size appropriate to the  area? Does it compliment the home? An Olympic sized pool beside a 1,200 sq. ft. home might not be that appealing to a buyer!
  • Condition: Is the pool well maintained? Are there any clues that would lead someone to believe there are underlying issues ie)  cloudy water, cracks, peeling paint?
  • Staging: Have the pool area and surrounding outdoor areas been staged?
  • Age: What is the age on the pool? Have all components been serviced or replaced recently?

There are several things that one must remember to do in order to maximize the sell of their home and pool. The pool must be staged much like the interior must be staged. This is very important in listing your Raleigh house, condo or townhome.

Create An Inviting Retreat for your Raleigh Area Home:

– crystal clear water

– clean, sealed or stained deck/patio

– arrange furniture that paints the picture for the buyer

– remove any old and worn furniture

– remove dead plants and replace with colorful, fun arrangements

Staging will help in giving the potential Raleigh home buyer a clear vision of how they can use it to relax and entertain. Don’t forget to wash the house windows to show off the sparkling blue water in the backyard. For more inspiration on staging your outdoor living space, check out our Houzz.com account for some amazing photos!

Are you interested in purchasing a Raleigh/Cary/Triangle Area home with a pool? Check out our awesome page dedicated to local Triangle homes that offer pools here. Call our office to be set up on a custom search that will deliver unique daily matches for homes with the amenities you enjoy!

As always, please call 919.235.0007 for more information on how to purchase or sell your Raleigh home!

 

Happy Swimming!

Local Perks of Purchasing a Home in Raleigh : Capital Area Greenway System

Greenway TrailAsk any local Raleigh resident or Raleigh Real Estate Owner what is on their top list of outdoor activities and your bound to hear about the Capital Area Greenway. This is a true gem and added bonus to buying a home in the Greater Raleigh Area! The Capital Area Greenway (CAG, or Greenway for short, is a system of linear parks located along rivers, creeks and streams that provide the opportunity for recreation and connecting people to Raleigh’s parks and other community features. After glancing at the Greenway map, you will be amazed that there are 117 miles of paved and unpaved trails. There are also 270 miles of protected stream corridors that connect to Walnut Creek and Crabtree Creek.

On any given day, you will find local Raleigh residents (as well as Cary, Wake Forest and Morrisville residents) walking, running or biking the Greenway. Most greenways include a 10 foot wide paved area so you can bike around a family of geese or run around the walkers.

Enjoy Raleigh’s Best Sites and Entertainment Via the Greenway Trail System

Not only do people use the greenway system for leisure and activities, but also for commuting to and from work and other points of interest. The Little Rock Trail  takes you downtown and through Chavis Park where you will have access to downtown Raleigh’s finest restaurants like Raleigh Times Bar and Bu-Ku.

Make it Mobile

The City of Raleigh has created a mobile phone application that allows residents and visitors to view greenway trail maps so they will not get lost or off the beaten path.

Find Raleigh Real Estate Close to the Greenway Trail

While walking along the Greenway you may notice homes that back up right to the Greenway! Talk about convenience! Wherever you buy a Raleigh home, condo or townhome, you are sure to be a stones throw to a local Greenway trail. Check out some of the neighborhoods that have easy access to the trails:

Durant Trails

North Hills

Visit our website to get an extensive list of Triangle Real Estate that offer the best of the Triangle! Whether you are a home buyer or seller, the Raleigh Area Greenway System is a great amenity for all!

For more information on homes for sale or listing your home, please call our office at 919.235.0007. We are happy to help answer any questions you might have.

 

High Dive or Belly Flop? How Swimming Pools Affect Raleigh Home Values

As things heat up in the Raleigh area, many dream of cooling down in their own swimming pool. Swimming pool season is upon us and in most parts of the Triangle (Cary, Wake Forest, Apex, Holly Springs etc.), runs from May to October. There has been a long time misconception that having an in-ground swimming pool will reduce the overall value of your Raleigh home. With today’s market and value of outdoor living spaces, many people want a pool of their own and re-sell value is not taking a hit, but going up! Raleigh Real Estate owners can swim easy with this information below!

In this two part series, we will discuss the two primary factors involving the perception of owning a swimming pool in Raleigh.

A. Generational Differences

B. Economical Differences

Seniors:

The North Carolina senior demographic has never been interested in owning pools. They view them as too much of a liability and do not think the benefits outweigh the price tag. The common thought is “what happens if someone falls into the pool and drowns”? Most people do not know that homeowners insurance does not increase if the backyard is fenced around a pool.

Baby Boomers:

Baby Boomers have been working hard their whole life and have seen the pool as one more thing they would have to invest time, energy and money into maintaining. Since they were rarely home to enjoy a pool, they preferred a neighborhood pool where they could use it if they had time. It was also an opportunity to send their children to be watched over by lifeguards/babysitters while knowing they were safe. Neighborhood pools are still very popular and most of the Triangles new construction offers this amenity. However the private backyard pool is quickly rising in popularity due to the importance of outdoor entertaining and having family in one place.

Gen X and Gen Y:

Raleigh’s Gen X and Gen Y population has the strongest purchasing power in the market today. They like the thought of having their own private pool and inviting their friends for cookouts and entertainment. They see the pool as a place to connect and feel it is a good investment in the Raleigh Real Estate market. They differ from seniors in that they do not see the pool as a liability but a good investment that will provide joy for many years to come. The younger demographic pays for the experience. The costs of owning a pool compared to traveling or joining a private pool is not seen as an inconvenience. This generation also enjoys less rules and regulations (food, pets, diving, hours) that a community pool might offer.

Now that we see how the various generations view ownership of a North Carolina pool, come back tomorrow to take a look at the return on investment of owning one!

Are you interested in purchasing a Raleigh home with a pool? Check out our awesome search engine at lindacraft.com. Click here to be set up on a custom search that will deliver unique daily matches for homes with pools in the area!

As always, please call 919.235.0007 for more information on how to purchase or sell your Raleigh home!

Making Cents: How To Reduce Your Home Buying and Selling Costs

penniesTuesday we discussed the costs involved with purchasing a home. Fast forward ten years down the road and now you need to sell. How much is this going to cost you?

 

Raleigh Area Sellers Cost:

When we meet with sellers for a consultation we explain all the cost for selling their Triangle Real Estate and we estimate all of the possibilities so they have no surprises in the end.   What a seller walks away with after a sale is usually the money they will use to buy their next home.  So it is important that a Realtors net proceed estimate be realistic in the beginning.

  1. The first cost is the real estate commission which is a  percentage of the sales price.  Here is the confusion:  the buyer is bringing all the money to the closing table through their mortgage so some would say the buyer is in reality paying for everything.   However, the charge shows up on the sellers side of the closing statement or bill, and they sees the percentage cost under their line item and feel they are paying for all of it when in reality it is shared in the transaction by the lender who provides the money, the buyer who pays the monthly payments and the seller who see the amount reduced from the total contract price that was negotiated. Everything starts with an agreed contract price.  A price a home buyer is willing to pay and a home seller is willing to accept with closing cost built into the transaction.

Piece of the Raleigh Real Estate Pie:

Triangle Area Sellers are very confused on where the real estate commission goes.  They think all those dollars go to the Realtor they meet with to list the home.  In reality, it is divided into many pieces to pay everyone and everything involved in the real estate transaction.   So picture in your mind the real estate commission being like a freshly baked whole pie.  The total commission shown on the seller’s side first gets divided between the listing company and the selling company.  That whole pie just got cut in half.  Then those two half pies get divided again between the two individual agents representing their clients and the real estate companies they work for.  Out of the listing company and your agent’s piece of the pie all the marketing, measuring, photography, staging etc. is reimbursed.  We say reimbursed because the listing agent and company have cost they pay up front to list a property.  If the house does not sell the seller pays nothing.  A selling commission is only paid if there is a sale.  For a sale to take place a buyer has to be willing to buy at an agreed price between seller and buyer and a mortgage lender has to be willing to loan.  That agreed price is of course negotiable and can include buyer home mortgage cost too.  Many sales also involve a relocation company or a referring agent.  If that is the case, the pie that was hole, which got divided in two pieces and then into 4 pieces just got divided again.

 Raleigh Seller Closing Costs:

  1. Revenue stamps or excise tax of $2.00 per thousand of the sales price
  2. Doc prep charge for deed package, 1099 and lien waiver approximately $200
  3. Transaction fee:  filing, notary, miscellaneous administrative cost $300 to $500
  4. Prorated property tax from January 1st to the day of closing
  5. Mortgage pay off provided by their lender in writing
  6. Possible negotiation cost of buyer mortgage closing cost, home warranty or repairs discovered by inspectors or required by mortgage appraiser
  7. Moving expenses or they can use our free moving van

Bottom Line for Buying/Selling Raleigh Real Estate:

The closing cost needed to buy and sell a home is always built into every real estate transaction and can be negotiated in many different ways to meet the needs of both Raleigh home buyer and home seller.

Buying or Listing a Raleigh Area Home can be confusing to say the least. For  any of your Raleigh Real Estate questions, please contact our office at 919.235.0007 and we will be happy to help!

Making Cents: How To Reduce Your Home Buying and Selling Costs

Money ImageRecently, on NBC’s My Carolina Today show, we shed light on the variables and costs involved when buying or selling a Raleigh home. We had such a positive response to the video, we thought we would dive in a little deeper and expand on the topic. The video can be seen here.

Triangle Real Estate can be very confusing because there are so many variables and people involved in the transaction.  When we make any purchase; be it retail stores, gas station, new cars, hotels, airlines and just about everything we buy in life, there are always additional cost added to the purchase price.   Cost such as service charges, taxes and even a 15% to 20% gratuity.  The difference is the consumer always pays the cost, they are never shared. With a real estate transaction there are many ways to structure the home buying and selling closing costs between all the parties involved. Here is an overview of some of the real estate closing cost your will find in the greater Raleigh/Cary/Wake Forest and surrounding areas.

 

Raleigh Home Buyers Cost:

The good news is a home buyer can have Exclusive Buyer Representation from an experienced Realtor without paying any  Realtor fees if they purchase a home listed for sale on the Triangle Multiple Listing Service or new construction.   However, the buyer will need a down payment for their home mortgage unless they take advantage of  100% financing that is offered in certain regions of Wake County, Raleigh, Cary, Wake Forest, and other North Carolina cities.  Depending upon the loan type, down payments for mortgages usually start at 3.5%.  If a home buyer wishes to avoid the extra monthly expense of private mortgage insurance they will need to have a  20% down payment.  Investors from all over the world are rushing into the Raleigh market because they know how bright the housing market is here. These investor buyers typically need 25% to 30% for their down payment on a home mortgage but, many also pay cash.   A cash purchase has the lowest closing cost of all but, even buying a new home with cash there are still additional closing cost.   So again, who is buying and what loan type they choose to purchase their Raleigh real estate will affect the cash needed for a down payment and closing cost.

More Good News for Home Buyers in the Raleigh/Wake Real Estate Market

While it is still possible to own a beautiful new Triangle home without having any down payment you may need to have some money available for closing cost unless your Exclusive Buyer Agent gets the seller to pay them.  That’s right, the mortgage closing cost can be paid by the seller if the Offer to Purchase Contract is structured correctly and negotiated well.  The following are some of the closing cost associated with homes purchased in Raleigh, Cary, Wake Forest, Morrisville and most cities surrounding the Research Triangle region:

1. Originating fee : New mortgage origination cost which will vary between $2,000 to $6,000 depending upon the price of the home. The lender buyer chooses the loan type. When buyers are shopping for a mortgage, they should always request a Good Faith Estimate from the mortgage professional. The Good Faith Estimate allows buyers to compare costs between mortgage lenders.

2. Escrow account: for home owner insurance and property taxes

3. Home Inspection fees

4. Attorney/legal fees : Expect $1,500 to $2,000 depending upon the price of the home.

5. Title insurance : Title insurance is an insurance policy designed to protect both the mortgage lender and the new homeowner from anything that could negatively affect the title of the home.

How Can Raleigh Home Buyers Reduce the Costs Involved?

Wake County Home buyers that plan to live in the home and not rent it the day of closing can choose a 100% mortgage so they do not need any down payment to eliminate a big cash requirement for their purchase and their Exclusive Buyer Agent, can negotiate to get the seller to pay all the closing cost within the transaction or if the seller will not pay for the buyers closing cost we can refer the home buyer to one of our preferred mortgage lenders who already has lower closing cost to begin with but, who also has the ability to offer a no closing cost mortgage.  This is done by increasing the mortgage interest rate a very small amount which will also increase their monthly payment so we have to make sure this negotiation stays within their household budget.  In most, cases we can  negotiate a deal for our buyers that can get them into a new house for under $1,000 less than most rental security deposits.  And of course, they can use our moving van for free to move into their new home.

It is very important that home buyers have a consultation with us and our mortgage lenders so together we can help them structure a purchase that meets their financial goals for both upfront cost, an affordable monthly payment too.

Stay tuned for part two of the “Making Cents” blog series!

Buying or Listing a Raleigh Area Home can be confusing to say the least. For  any of your Raleigh Real Estate questions, please contact our office at 919.235.0007 and we will be happy to help!