If this is a foreclosure auction I would recommend caution, extreme caution. First of all you have no idea what you are buying There is no chance to see the interior of the unit prior to the auction and no chance of doing any kind of home inspection to look for latent or hidden defects. Auction investing is for seasoned professionals only and I do mean SEASONED! If you want to invest it's best to first get some experience by doing pre foreclosures, foreclosures, estates or other distress sales.... more
I absolutely love Bedford. When my clients decided to build in another subdivision on a huge lot, the wife actually burst out in tears at leaving her home. She loved to take her walks and just visit with neighbors. After 24 years of selling homes in the Triangle I would say Bedford is on my top 10 list. I am sure your 2 adult offspring would be more than fine.... more
Congratulations! I would suggest something that is close to your spouses work to start. Since you mentioned criminal record or drug abuse you may be referring to renting. You may need to consider credit score also. That has a huge impact on renting or buying.... more
Bedford at Falls River, located off Falls of Neuse Road in North Raleigh, has been continuously recognized for its small town appeal since its initial development in 2001 and has received numerous awards
The statistics in this market indicate that a seller can get 97% of asking price in our market if their home is priced correctly. If the seller has to reduce their price, on average, they get 88% of list price.
The real estate market here is very strong. Inventory is down 23% and sales are up 20%. That means that if you want to low ball a seller you will most likely lose out on that home or not have your offer accepted.... more
I like Sheri's answer regarding Agency Law in the State of North Carolina. North Carolina says that if you have not hired a buyer's agent we are sub agents to the seller until a buyer agency agreement is signed. Once a buyer's agency is signed we can provide you with as much details as you need to make an informed decision regarding the Chatsworth neighborhood in North Raleigh.... more