Ron, I think that each property is different, even sometimes when they are built by the same builder. I wouldn't rush to think that 'all homes' in the Chapel Hill area have moisture problems in the crawl space and/or mold. It most likely is germane to your property, but not necessarly true of the other homes in the area. I think a more productive way to approach this problem would be to identify the problem and where it is coming from, then mitigating or correcting the problem. If you speak to your direct neighbors and they have the same problem, then I suppose there might be a collectively identifiable issue, but it would be very costly to try to prove that you (and they) have been responsible homeowners and addressed your homes' issues as they presented themselves. I fear that just fixing the problem would cost much less than any lawsuit.
I am a realtor and not an inspector and I have no real knowledge of the issue you have written about, so you would need to (of course) have a certified inspector (or other appropriate professional) check out the problem, but it sounds to me like a sump pump may have alleviated the problem with the crawl space. Many, if not most, crawl spaces need to have sump pumps so that the water will not collect in the crawl space area. Sometimes a thick layer of rocks can help to drain the water as it collects under your house, and many times a combination of things will be used to help with the problem. Water should never be allowed to collect around a home's foundation and always should be removed from the area in the crawl space of the residence or anywhere else close to the foundation. All water should be directed away from the foundation of the home.... more
There are 4 for sale and 2 have been on the market for a while; some remodeling has been done. One is an estate sale (death) and the last one is an investment opportunity, needing "TLC". Other than slow market conditions, I see no particular trend in forcing people to sell in this area. (317) 529-4178 if you'd like to see any of these homes.... more
Wow! I cannot believe this question was overlooked by us because it is an easy one to answer.
YES, it is a great place for seniors. There are neighborhoods and communities that are focused on senior living, golf course communities, senior activities and most importantly a diverse group of people outside of the senior community. Perhaps you may or may not have heard of Fearrington Village, Meadowmont or Carolina Meadows, just to name a few. If you are not inclined to live in a neighborhood focused on retirees, you will have many other wonderful options.
If you are still considering making the move I would be happy to send you a relocation package with the information you are looking for.
My apologies that you were overlooked for so long.... more
If any of the repairs are substantial, it can be worth it to obtain more than one estimate. The prior suggestions are on target. At times, a seller will still, even w/ a submitted estimate, attempt to negotiate the credit downward. If you have a repair that will be extensive or costly, having a second piece of docmentation will assist you in your negotiations. Any additional info you can submit about the source of the esitmates will also lend to the credbility and strength of your negotiations, be it a contractor brochure, one paragraph write up, pictures, etc.... more
There are 47 homes in inventory at The Preserve at this time. There have been 29 sold this year with an average sale price of $663,400. The average days on market is 148. This is with a market that is down 11%. In this price range, this is not a shabby record. These figures are taken from data from the Tarreport. I hope this has helped answer your question.... more