The Raleigh real estate market is overflowing with interested home buyers searching for their next dream home. Unfortunately, there has not been an equal number of home sellers entering the market. This has created a situation where there are more buyers than sellers, giving sellers the advantage. What has resulted is a real estate market where […]
As we near the end of the series in understanding and navigating appraisals, today we’ll take a look at two of the biggest drivers of a strong appraisal: location and size of the home. Not only are these key, but, there’s also nothing that you can do about them as a Wake County home buyer […]
Thank you for taking the time to check out our Raleigh, NC area real estate blog. Today, we’re going to share with you our 7th tip for how you can win a bidding war if you encounter one as a Raleigh area home buyer. And if you’re new to our site, make sure to check […]
As I continue with this next piece in my series on appraisals, we will now take a closer look at other anomalies in the process: Refinances and Home Equity Lines of Credit. Many times I meet with Wake County sellers who previously had their home refinanced or had taken out an equity line of credit and […]
All loans are not created equal. Neither are all lenders. That also means that no two appraisals are going to be alike. As I mentioned in Part 1 of the series, it’s always best to approach the appraisal process with the understanding that the type of loan you apply for may place additional hurdles in […]
If you’ve been following my blog for the last several weeks, you’ve been learning new tips for how to win a bidding war on the Triangle real estate market. Here’s a recap of tips 1 through 5: Understand That You May Not Know There Are Multiple Offers Up Front Counter offers don’t have to be […]
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 […]
We are at the halfway point of my series on how to win a bidding war on the Triangle area real estate market. This is a crucial series for interested home buyers because bidding wars are becoming increasingly common the market. Continue reading for this week’s installment on this series. Tip #5: Home Sellers Have […]
Last week I discussed on my blog and television segment how to better understand and navigate the appraisal process. Over the course of the next few weeks I’ll post a series of tips on what you can do as a Wake County home buyer to further help your chances in coming out of the process with […]
Everywhere you look, real estate analysts are praising the local housing market for growing in strength and increasing in activity. But for home buyers, this increased interest in the market can make navigating the market that much more stressful. That’s why I started a new series last month in which I share my top 10 […]