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 […]
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 […]
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 […]
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 […]