It’s certainly a headline we like to see around here: “US Home Purchase Contracts Have Seen a Significant Increase.” And in fact, that’s exactly what The Associated Press recently reported. This is great news, especially given that – so far this year – the pace of buying is slower than in 2013. A lot of this […]
Simply put, the answer is no. Many Wake County home buyers are disappointed when their house appraises for contract price especially if they felt they had negotiated a great deal. Remember, the appraisal figure is not your home value. Its purpose is to justify and secure the bank’s decision about loaning the money you and […]
One month of positive real estate sales is encouraging, but sometimes it can be a fluke. That’s why we’re always so thrilled when positive numbers one month carry over into the next month. And that’s just what we saw with the recent release of May sales numbers. According to a recent USA Today article, existing […]
The appraisal process for a new mortgage can be confusing to both Triangle area home buyers and home sellers. The purpose of an appraisal isn’t to determine the true value of the home, but, to instead help the bank determine if they should grant the loan for the total asking amount. This is for the […]
Right now you’re asking yourself the same questions that many home sellers are asking. Is the market “hot” (with ready home buyers)? What is the quality of those buyers? Will they be able to qualify for financing? Are banks and their interest rates “buyer-friendly” right now? No one blames you for having these concerns. Let’s […]
Here is the third installation of “Buyer’s Remorse” blog series. Each week we will go into depth on our list of expert tips on how to navigate buyers remorse in the home buying process. Every home buyer will experience “buyer’s remorse” several times on their way to realizing that dream. This blog will help Triangle area home buyers […]
Real estate experts all across the country were thrilled to hear the latest numbers on the national housing market recently. That’s because sales of existing U.S. homes showed a slight increase between March and April, reversing a 12-month trend in which home purchases had been dropping. This wasn’t the only good news that the National […]
Here is the second installation of “Buyer’s Remorse” blog series. Each week we will go into depth on our list of expert tips on how to navigate buyers remorse in the home buying process. Every home buyer will experience “buyer’s remorse” several times on their way to realizing that dream. This blog will help Triangle area home buyers […]
Here is the first installation of “Buyer’s Remorse” blog series. Each week we will go into depth on our list of expert tips on how to navigate buyers remorse in the home buying process. Every home buyer will experience “buyer’s remorse” several times on their way to realizing that dream. This blog will help Triangle area home […]
Frankly, it’s hard not to feel encouraged and optimistic about the real estate market these days. Everywhere you look, positive real estate trends are popping up, further emphasizing that the worst days of the economic recession are in the rear view mirror now. And here’s another recent nugget of good news: Home prices all across […]