Home Buying in Morrisville : Advice

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Melissa Polce, Real Estate Pro in 28031
Melissa Polce answered:
I am looking for no money down home loan on a home worth 350,000 and have a credit score of 640
you will need a VA loan- or should do a VA loan...call a lender in NC, this is my husband Gabe(I am a RE agent, he is a lender)...just tell him I said he needs to get you squared away w ... more
0 votes Share Flag Wed Jan 28, 2015 Home Buying in Morrisville
Bony Mathew, Home Buyer in Apex, NC
Bony Mathew answered:
Anyone have any experience with Evershine Properties?
JO,

I have worked with them before for home buying. Babu is excellent and what he does and that's making it easy for you the whole home buying process. He really tried to look out fo ... more
0 votes Share Flag Sun Nov 16, 2014 Home Buying in Morrisville
Kanaka Sastry, Real Estate Pro in Cary, NC
Kanaka Sastry answered:
Which sounds better: Townhome (240000)in mid Cary (Weatherfield community) or single family home (280000)in Kitts creek, Morrisville.
Some people prefer Weathers field because of easy living , close to all amenities and easy life style.
TH and even Condo's are gaining more popularity due to .living lifestyle easy li ... more
0 votes Share Flag Thu Dec 26, 2013 Home Buying in Morrisville
Vivian Olkin, Real Estate Pro in Chapel Hill, NC
Vivian Olkin answered:
which area is best to buy a townhome/single family home under 250K with a steady rent/cash flow- Cary/Morrisville or Durham?
Hi,

I own rental properties in Durham, Chapel Hill and Carrboro. If I were buying now, between these 3 locations I would buy in Durham. Morrisville, Brier Creek, Cary, are all very p ... more
0 votes Share Flag Mon Dec 23, 2013 Home Buying in Morrisville
William Allen, Real Estate Pro in Knoxville, TN
William Allen answered:
Most houses on Breckeridge built/sold in 2001-2003 were $200'sK. Now sellers are asking $270K for these while new homes are built at $K220-240,
Please give me a call if you are looking for a great lender. 810-335-3503. Or you can send me an email at wallen@proficiomortgage.com and I can send you an inquiry form to get your pape ... more
0 votes Share Flag Thu Oct 10, 2013 Home Buying in 27560
William Allen, Real Estate Pro in Knoxville, TN
William Allen answered:
Is there special financing available for buying foreclosed or short sale properties? i.e. smaller down payments, etc?
Please give me a call if you are looking for a great lender. 810-335-3503. Or you can send me an email at wallen@proficiomortgage.com and I can send you an inquiry form to get your pape ... more
0 votes Share Flag Thu Oct 10, 2013 Home Buying in 27560
Corey Gibson, Real Estate Pro in Cary, NC
Corey Gibson answered:
Is there a chance of building houses on cemetery. How to know if a cemetery exists there before.?
Sam,

Definitely not a question I have heard before, I like that. As far as your questions goes, there is always a chance. In most cases information regarding the property can be fou ... more
0 votes Share Flag Wed Oct 2, 2013 Home Buying in 27560
Corey Gibson, Real Estate Pro in Cary, NC
Corey Gibson answered:
Exclusive Buyers Agency Agreement
Umesh, I just completed a sale with an LLC. Everything went just fine and as normal. You need to make sure that all parties required to bind the LLC in to contract have signed the Buyer ... more
0 votes Share Flag Wed Oct 2, 2013 Home Buying in 27560
Corey Gibson, Real Estate Pro in Cary, NC
Corey Gibson answered:
Does rent to own properties exist or is this a home buying scam? How would a potential home buyer find properties offering this option?
It depends on the situation and the conditions. It's definitely something to discuss with an attorney. I find that buyers who look at this the most fall in to 1 of 2 categories. Either ... more
0 votes Share Flag Wed Oct 2, 2013 Home Buying in 27560
Jeremy and J…, Home Seller in Rock Port, MO
Jeremy and Jill Davis answered:
Hi, is this house still on the market?
Which house are you referring to?
0 votes Share Flag Sat Aug 31, 2013 Home Buying in Manor At Breckenridge
abdfanah, Home Buyer in Las Vegas, NV
abdfanah answered:
What options are there for first time home buyers who would like to put down 3-5%?
It depends the price of the house, when I know the price I will answer that question.
0 votes Share Flag Tue Aug 20, 2013 Home Buying in Morrisville
Pam Minore, Real Estate Pro in 27519
Pam Minore answered:
What about USDA Guarantee 100% financing?
Hi Mom,

There can be lot of options available. Here at Fonville Morisey we have lenders that will just talk with you free of charge and no obligation. I would love to help you!

Pa ... more
0 votes Share Flag Sat Aug 17, 2013 Home Buying in Morrisville
Joe Matthews,…, Real Estate Pro in Cary, NC
Joe Matthews, MBA, ABR, CRS answered:
Is it normal the appraisal of a house is $10k lower than the purchase price in Morrisville, NC? Do you have any suggestions regarding the difference?
It is not abnormal to see appraised values below purchase prices. We used to see a lot of those in recent years but is getting less and less lately. Lack of good comparables, unfamiliar ... more
1 vote Share Flag Thu Aug 15, 2013 Home Buying in Morrisville
Keith Bliss, Real Estate Pro in 27519
Keith Bliss answered:
What would be the assigned elementary and middle school be for this community?
Hi Raji.... All the schools in the area are based on a specific property address. There can be two different school assignments in the same neighborhood. Your best bet would be to click ... more
0 votes Share Flag Wed Feb 6, 2013 Home Buying in Kitts Creek
Joe Matthews,…, Real Estate Pro in Cary, NC
Joe Matthews, MBA, ABR, CRS answered:
It seems like homes in Morrisville are hard to sell and depreciating in value?
I do not agree with the statement that "homes in Morrisville are hard to sell and depreciating in value". Actually, Morrisville homes are and should be getting pretty good appreciation. ... more
0 votes Share Flag Sat Oct 20, 2012 Home Buying in Morrisville
Roland Vinya…, Real Estate Pro in Sprakers, NY
Roland Vinyard answered:
if there is no time being the essence on the contract, both parties couldn't find agreed on the amendment, can seller back out the contract?
There is no legal contract until ALL points have been agreed upon. It may be signed and an addendum not agreed to; if so, it's still not valid until that has been signed too. Therefore ... more
0 votes Share Flag Sun Jun 24, 2012 Home Buying in 27560
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
What's going on at Four Seasons Renaissance by Hovnanian located on Page Road in Durham? It appears to be stalled, and few are buying.
Ashton

I don't work for K. Hovnian so I can't claim to have any particular insider knowledge, but here's my thoughts. To begin with it's a niche product; you must be 55 or older to p ... more
0 votes Share Flag Sun Jun 24, 2012 Home Buying in 27560
Gabe Macaluso, Real Estate Pro in Cary, NC
Gabe Macaluso answered:
Any opinion on Weldon Ridge?Would Yates Store Road likely to get busy once land south of Weldon Ridge is developed?
Mike,

All three are great communities and Cary is expected to grow to 165000-175000 in total population. The addition of 540 in the Western Part of Wake County is going to add to the ... more
0 votes Share Flag Wed Jun 20, 2012 Home Buying in Morrisville
Tracy Santro…, Real Estate Pro in Cary, NC
Tracy Santrock answered:
Is it common for a home to be appraised for the exact amount of the purchase price in the current market in Morrisville?
Given the correction in the market lenders are very conservative with their appraisals. Most of the sales I've had this year have come in very close to appraised value.
0 votes Share Flag Tue Jun 19, 2012 Home Buying in 27560
Sharon Lewis, Real Estate Pro in 27511
Sharon Lewis answered:
Do buyers in the Triangle NC area care about formal living rooms? Or is a good size family room considered good enough? We hardly use our formal area
Lot more demand lately for offices than formal living rooms. You can always convert it back. Even dining rooms as mentioned are becoming passe with some home buyers. Personally either t ... more
0 votes Share Flag Thu Sep 22, 2011 Home Buying in Morrisville
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