Home Buying in Durham : Advice

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Christine Kh…, Real Estate Pro in 27514
Christine Khoury answered:
I am looking on clarendon St. in Waltown, is this a safe neighborhood for kids and taking walks? ( Is the crime level ok? )
Joann,

The current owner is a single woman (moving to get married) and has been very happy here. The neighbors are all very close and she loves the proximity to downtown Durham, esp ... more
0 votes Share Flag Mon Aug 25, 2014 Home Buying in Walltown
David Deberry, Real Estate Pro in Durham, NC
David Deberry answered:
Are there any buildings for rent in downtown Durham that are for sale for a reasonable rate?
Currently the demand for downtown living in Durham is very high, and there are not too many places left for the rates we saw just 5 years ago. However there is a lot of new construction ... more
0 votes Share Flag Mon Aug 18, 2014 Home Buying in 27701
North Durham…, Home Owner in Durham, NC
North Durham Fan answered:
How is the racial diversity in the Stadium Heights area? We are a mixed family and dont care if it is diverse as much as safe for us.
We love the area! A great mix of young families and older generations!
0 votes Share Flag Mon Jun 9, 2014 Home Buying in Stadium Heights
Tom Turner, Real Estate Pro in 28277
Tom Turner answered:
How much of a problem is polybutylene piping?
This is an excellent site for information about PB plumbing, in layman's language, including replacement costs.

http://www.polybutylene.com/

Basically, the issue with PB plumb ... more
0 votes Share Flag Thu Apr 3, 2014 Home Buying in Durham
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
Has anyone successfully been able to get Due Diligence monies returned when a seller does not fulfill the contract?
I haven't had a situation where the seller failed to close,however the NC Offer to Purchase and Contract is extremely clear that should the seller default they are responsible to return ... more
0 votes Share Flag Wed Apr 2, 2014 Home Buying in Durham
Michele Quick, Real Estate Pro in 27511
Michele Quick answered:
Buying a home for the first time.
Hi:

There are several financing programs out there that you may qualify for. Some of which allow a score as low as 620. Are you wanting to buy on your own or with your partner?
... more
0 votes Share Flag Fri Mar 28, 2014 Home Buying in Durham
Sharon Lewis, Real Estate Pro in 27511
Sharon Lewis answered:
NCSECU and Appraisal
My suggestion ,go right to your lender and get this answer 'in writing' before moving forward.The seller may have to install carpet prior to....ask your lender please
Best of luck to y ... more
0 votes Share Flag Sun Mar 16, 2014 Home Buying in Durham
Bryan Yonish, Real Estate Pro in Chapel Hill, NC
Bryan Yonish answered:
How does purchasing under the market value affect a mortgage and down payment?
First, keep in mind that the offer to purchase that you give to the loan officer will affect the appraisal.
Second, there will be other comp properties that help to establish immediate ... more
1 vote Share Flag Sun Mar 2, 2014 Home Buying in Durham
Deborah Rigs…, Real Estate Pro in Durham County, NC
Deborah Rigsbee Miller answered:
looking for rental vacancy rate in the area around Grove Park Area. Anyone have an idea where I can find that information?
I am not sure that anyone would keep that data or have access to all that would go into the data. I know I have place a number of people in rentals in Grove Park itself and in some of ... more
0 votes Share Flag Thu Feb 20, 2014 Investment Properties in Durham
Andrew Palum…, Real Estate Pro in Durham, NC
Andrew Palumbo answered:
Information on Cimarron Homes
Hi Nicole, Cimarron is only one of many quality national home builders in the area. There are several builders that focus on green construction here in Durham and the surrounding areas ... more
0 votes Share Flag Thu Feb 20, 2014 Home Buying in Durham
Andrew Palum…, Real Estate Pro in Durham, NC
Andrew Palumbo answered:
Are there lofts in the old tobacco buildings downtown on the market for sale? I would like 2 bedrooms.
HI Carlie, there aren't any two bedrooms available right now and when there are they tend to sell quickly so it is important to be ready if these are something you are definitely intere ... more
0 votes Share Flag Wed Feb 5, 2014 Home Buying in Durham
Bijan Karkou…, Real Estate Pro in Durham, NC
Bijan Karkouki answered:
Approved short sales. I've read that short sales have no specific time frame to hear back from the bank. Do "approved" short sales work the same way?
Willie,
You are absolutely correct; there is no time table for short sale property to respond. I have a short sale home under contract, and it was advertise as short sale approved, we ... more
0 votes Share Flag Tue Feb 4, 2014 Home Buying in Durham
Nancy Rizzo, Real Estate Pro in 27707
Nancy Rizzo answered:
Is the home on Queensbury Circle still available?
There is one house for rent on Queensbury Circle. None for sale currently.
0 votes Share Flag Mon Feb 3, 2014 Foreclosure in Fairfield
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
Are FORECLOSURE (BANK OWNED) listings available to purchase? If not, why are they even listed?
Willie,
Homes listed by RealtyTrac are generally not for sale. They are often not even the homes pictured, but in the general area. RealtyTrac sells subscriptions to information you ... more
0 votes Share Flag Thu Jan 30, 2014 Home Buying in Durham
Andrew Palum…, Real Estate Pro in Durham, NC
Andrew Palumbo answered:
Why would a seller counter your best and final offer?
Sometimes, rather than rejecting outright, a seller will counter a best and final just to keep the talks open, hoping that they can put the deal together. Sounds like it may not have b ... more
0 votes Share Flag Wed Jan 29, 2014 Home Buying in Durham
Vivian Olkin, Real Estate Pro in Chapel Hill, NC
Vivian Olkin answered:
Good neighborhood in Durham
Hi there,

I'm curious how you came up with $150k--have you talked with a lender to find out what they will lend to you? Or is it that this is the number that makes you comfortable wh ... more
1 vote Share Flag Thu Jan 16, 2014 Home Buying in 27713
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence 727.420.4041 answered:
search by walkscore
Carol,
A walkable home must be matched to the quality of life expectations and the needs of the citizen.
For instance if their are pre-school agent children a playground may be a sign ... more
0 votes Share Flag Sat Jan 11, 2014 Home Buying in Durham
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