The world has changed. Continue reading ““I saw that on Pinterest!””
Cary, NC is located just Northeast of Raleigh and in the heart of the Triangle. Located minutes from Research Triangle Park, Cary is a perfect location for Continue reading “Cary NC, Triangle Hot Spot”
The 2012 Wake County Parade of Homes will be held on the weekends of September 29-30, October 5-7 and October 12-14, from 12-5 p.m. daily. As the Wake County Parade of Homes prepares to start next week many people like yourself will be amongst the crowd and looking for opportunities. The Linda Craft Real Estate Team has put together the Top 7 Things To Do When You Preview The Wake County Parade of Homes.
1. Plan Ahead
The Parade of Homes covers a large area of the Triangle. Gas up, pack your water, charge your phone, camera and get your GPS plugged in!
Many different housing businesses in the Triangle will have a copy of the Parade of Homes Map. Be sure to call The Linda Craft & Team REALTORS at 919-235-0007 to receive further information on the featured homes. Have a Smartphone? Download the MyHomeFound app to favorite a home, get directions, Tweet, and Facebook about the homes you find during the Parade. Take advantage of the mapping capability to make finding homes easier.
2. Know Your Numbers
One of the challenges of looking for a home in the Triangle is finding one that you love and then not being able to pursue it when you find out that you will not qualify. Have you checked your credit lately? Have you talked with a Triangle Area lender? Do you have your downpayment money saved? Having everything ready when you are ready to make a decision on your new home will save you valuable time later.
3. Preview Homes Online
Do you have an idea of what you are looking for in you new home in the Triangle? Do you need a downstairs master bedroom? Would you like a screen porch? With gas prices so high it would be wise to preview the Parade Homes on sites such as local Pinterest feeds or local Raleigh Area Real Estate Websites.
4. Take A Lot of Pictures
Speaking of Pinterest, you may want to download the cool Pinterest app to you iPhone or Droid. That way you can upload/pin images of Parade homes to specific boards you can create. Ideas for boards may be by neighborhood, by style, by price, or whatever board category you want (Pinterest sign-up, Pinterest iTunes app, Google Play Store)
Want to know an insider trick? Always take a picture of the outside of a house and then the street number or lot number before you start taking inside pictures of a property. This will help you remember which cool bathroom you liked in which house vs. having everything blur together.
5. Be Respectful of The Properties
Please be sure to park on the street or driveways and not on the grass. Builders have spent quite a bit of time and money to make sure their homes are in the best possible condition. Please be respectful of their hard work.
6. Check Out the Neighborhood
If you decide that you really like a house, be sure to drive all the way through the neighborhood. Are the amenities finished? Are all of the roads paved? Are the street lights in? What do the exisiting homes look like? Don’t forget to search the internet for any reference to that neighborhood as well. How are the online reviews about the builder? What about the Home Owner’s Association?
7. Keep Your Poker Face
If you really like a home and think it may be “the one” for you and your family, KEEP YOUR POKER FACE ON!!! Don’t let the agent in the house know that you like it. They work for the builder and will be representing the best interest of their client. Do not tell them anything. The more that you say you love the home and it is perfect, the more they will stick to the list price instead of negotiating with you. An experienced Buyer Agent can negotiate for you and provide you with assistance – all at no additional cost to you.
Which 2012 Wake County Parade of Homes Entry is Your Favorite?
Let us know in the comments below!
Buyers and sellers forget an important part of their home. Continue reading “The Power of Color”
In the news this week was another great sign that lending is loosening and demand for homes are increasing. New construction starts in the Triangle area were up 28%. That is great news and is another solid sign that housing recovery is moving the Continue reading “Weighing the Costs of New Homes vs Resale Homes”
Buying a home is one of the biggest purchases that you may ever make. Raleigh Area Real Estate Market Expert, Linda Craft, shares with the NBC 17 My Carolina Today audience about the difference between a buyer agent and a new home agent.
Buying Something New
We’ve all had the experience of going to purchase an item at a store without having much knowledge about the product itself.
Do You Trust The Salesperson?
The problem with this is that the salesperson is getting paid by the store. They get paid to sell you a product in their store, and in many cases they are paid commission based on the price of the product they sell.
These transactions happen very fast. You may end up purchasing something you didn’t really need because the sales person was that convincing and the store’s ambiance was that alluring.
Where’s Your Representation?
In these cases, you have no representation. After all, not only is the salesperson representing the store they work for but you lack the product knowledge to effectively represent yourself.
It can be very easy to get taken advantage of in these situations. And the same holds true for Triangle area new construction purchases when you’re not working with an experirenced Raleigh, NC area REALTOR.
At Linda Craft & Team, REALTORS, you are our responsibility. You are our star. You are our client. We represent you and you alone. Contact us so we can represent you for your new construction home purchase.
Buyer’s Agent vs. Builder’s Agent
If you’re searching for a new home around Raleigh, NC, you might have wondered if you need someone to represent you. Is it really worth it? If you think you want to go it alone, here’s what could happen:
Let’s say you decide to check out a model house in a Raleigh community with newly constructed homes. Of course, model homes are going to look amazing. They’re set up that way to get your attention. You probably won’t find one that isn’t impeccably clean and clutter-free. Sometimes refreshments are available, and music is often played in the background to put you at ease.
The agent who represents the builder will walk you through the model home and show you all the updated features. He or she will provide you with the knowledge you need concerning this particular Raleigh community. You’ll also find out about the builder and, most importantly, information about the cost.
If you’re convinced that this is the right home for you and decide to make a move on it, things might not go as smoothly as you think.
In these scenarios, the agent who represents the builder is obviously going to put the builder before you. He or she will still assist you with the contract, though. But once you sign it, there’s no going back.
As you go through the contract, the agent might try to pressure you to buy things you don’t want – upgrades or extras that only make the price go higher.
And if you think you’re going to get the same attention from the agent during closing, you’re in for a surprise. You’ll be facing the builder’s attorney and the builder’s agent. Basically you’re stuck on your own at a time when representation is vital.
Visit our new construction page to learn more about new construction in the Greater Raleigh area.
Top 10 Reasons To Choose Linda Craft & Team
If you’re looking into the Raleigh area real estate market, you shouldn’t go it alone. Our free Buyer’s Agents will make sure you find the home that’s right for you – at the right price. Here are a few ways we can make that happen.
1. Free Representation – The Buyer Agent shares a fee with the listing agent that represents the builder. Which means all the information your agent will provide won’t cost you a thing!
2. Knowing the Real Estate Market – Builders often boost prices with new phases in the community. Your Buyer’s Agent will put in the time to compare closing sales and concessions offered in the neighborhood so you can make a well-informed offer.
3. Meeting Your Interests – Our agents are dedicated to meeting your interests so you can make the right choice. We want to ensure you have a solid understanding of your resale value and have the best home buying experience possible. That said, your Buyer’s Agent is concerned with making a quality relationship and would love to serve you in the future.
4. Pros and Cons –We have 100% fiduciary responsibility to clients, which means you’ll be given the good and bad that comes with your purchase. Your Buyer’s Agent will keep you informed about communities that may be of interest to you in your home search as well.
5. Lot Premiums and Resale Values – Developments are bound to have some houses that won’t sell as easily as others. For instance, some homes might be built in an undesirable area, like a flood zone. These homes are often enhanced with more upgrades than houses built on better lots. Your Buyer’s Agent will inform you about the resale value of these lot premiums.
6. Risk Awareness – Whether you’re buying early or toward the end of construction, your Buyer’s Agent will let you know if you’re paying too much in a certain neighborhood or phase.
7. Understanding the Upgrade – Just because the house has a lot of upgrades doesn’t mean you’re getting your money’s worth. Some upgrades can be marked 100% to 400% above their real value! To find out which upgrades will provide you a good return, your Buyer’s Agent will be sure to tell you which ones are worth your while.
8. Clarifying the Contract – Builders may have contracts with terms that put the buyer at a disadvantage. It’s important to keep an eye out for the following items:
- Non-refundable money from the buyer
- No refund of deposits if builder breeches contract
- Daily financial penalties if a buyer misses a closing date but, no penalties if the seller fails to deliver the home for months
- Testing for radon only allowed after closing www.epa.gov/radon
9. The Right Time to Close – You never want to close with an incomplete house. A Buyer’s Agent will encourage you to close only when the house is officially complete.
10. The Importance of Home Inspections – While the builder might tell you otherwise, your Buyer’s Agent knows that a home inspection is absolutely imperative. Even if the house seems perfect, you don’t want to find out it’s not when it’s too late. Mistakes are made during construction, and only an inspection can ensure you peace of mind.
Be sure to let us know if you’re planning on starting your home search soon!
Visit our new construction page to learn more about buyer representation and new construction in the Greater Raleigh area.