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 […]
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 […]
With the Triangle real estate market continuing to flourish, it’s become more and more competitive for home buyers to secure their dream property. Oftentimes, buyers are finding themselves in a dreaded bidding war, facing equal fears of losing the home they want and paying too much for it. That’s why a few weeks ago, I […]
Here is the fourth 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 […]
Last week, I introduced a new blogging series about winning bidding wars on the Triangle area real estate market. This skillset is becoming increasingly crucial, especially as the demand for homes in the area continues to rise. Today, I’m going to share with you the first of 10 tips on how to win in a […]