Slab construction versus building a foundation to create a crawl space is a area where builders can save money that can be passed on to the buyers. In todays economy where new housing has taken a hit, keeping costs down counts.
As far as from a build point of view, I find that people who suffer from any kind of foot, hip or knee ailments prefer crawlspace construction as they claim walking on a concrete based floor bothers them more. From any type of repair issue, being able to get to your water or septic pipes without breaking through a floor is easier with crawlspace construction plus crawlspace allows a home to breath better. Crawlspaces if large enough also add storage space for items such as lawn & garden tools, window screens during the winter months, bicycles and items not prone to being damaged by moisture.
The plus side of slab besides saving dollars at purchase is that in NC, we are known for termites. I don't see as many termite issues with slab as I do with crawl spaces mainly because all areas accesible to wood products of a home are more easily viewed. Very few people take the time to have their crawl spaces inspected on an annual basis.... more
Which prison? Central Prison (Men) is west of downtown, near NC State. The Women's Prison is ieast of downtown. It depends on whether you are more interested in proximity or cost.
Either way - you'll want to rent for a minimum of 6 months so that you can browse around. I'd recommend Rennaisance Park.... more
A USDA loan will offer you 100% financing but they typically require you to bring some money to the table just to show you are serious and have some teeth in the process. This amount is typically not too much. But it sounds like what you are referring to is a construction loan or rehab loan which would more than likely require you to put down some money.
I would suggest you talk to a lender regarding your situation. I have a few great ones I could recommend you and if you will email or call me, I will provide you with their information. I wish you the best and hope to be of service to you. Please let me know if there is anything else I can help you with!
Warm Regards,... more
Are you looking for an attached or detached home in this area ? Upon taking a quick look in the Brier Creek area there is a detached home built in 2009 that is in that price range (it is located in a golf course community). For homes within a 2 mile radius of Wade ave that are also detached there are quite a few choices. However most of them are at least 40 years old, some have been renovated.
If you'd like further info feel free to email me at McDonaldS@hpw.com. You can also download my free app by texting ARB to 87778 and that will give info on all homes that are on the market in the Triangle.
All I can say is YES. I was with IBM for 17 years which lead me here in the first place. I've lived in Suffern, NY; Germantown Md; Tucson, AZ; Scranton, PA; Marietta , Ga and for the first 23 years of my life on the east of Long Island. We've been here since 1993 and can honestly say of all the places I've lived, we have thoroughly enjoyed the Raleigh area.
It's a great place to raise kids, stay entertained, work for a living and the people are much more friendly here than many of the places we lived. I also like the choice of a 2 hour trip to the beach or similar drive to the mountains.... more
I will just say that this is probably not the forum to answer these questions as Realtors are NOT qualified to offer legal advice. I would ask you to consult an attorney familiar with these type of questions.... more
In North Raleigh:
- it went thru some owners properties at which the owner was forced to move.
- it placed some existing homes close to Hwy noise.
- it shaved a TON of time off for commuters.
- in increased some property values because of easy access
- it alleviated a TON of traffic congestion on secondary roads.... more
Try looking in the Brier Creek area in North Raleigh. Might find a one car garage to go with that. Drive the Triangle in less than 20/30 minutes in any direction. Beaches to the East, Mountains to the West.... more
The 27604 zip code would put you near Capital Blvd which has many shops, businesses and restaurants. There is also the Triangle towne mall, car dealerships, and many older and newer subdivisions with varying price ranges in homes. You would also be minutes from 540 and 440 two major interstates in the area. I would definitely encourage you to explore and dig deeper in this area. If you have not already partner with a Realtor (remember as a buyer this costs you nothing) they can help you navigate and find a home that meets your needs.... more
Daniel, great question. The National Guard income is allowed but of course isn't enough to qualify for a mortgage payment by yourself. It is possible if you are able to have either a co-borrower who will live in the home with you with sufficient income or a non-occupying co-borrower (someone that will co-sign but not live in the house) with enough income. A conventional (Freddie Mac) loan will allow this with the down payment that you have as well as an FHA loan will too. Keep in mind that since you are looking at purchasing a condo, the condo would need to be approved as well.... more
I would make sure to look at the HOA fees. They can range from $60-$200+ dollars in Raleigh. These are monthly fees that are not a part of your monthly payment. Also ask to see what those HOA fees cover i.e amenities, water etc.
Best of luck!
That is purely a personal decision. The foundation of a home can be built different ways. While some builders prefer to build on a crawlspace, many prefer a slab. If you are buying an older home then sometimes buying a home on a crawl space will give you more access to possible needed repairs in the future or for renovations and changes you might wish to make that involve and plumbing. Whereas if you have a slab that will incur costly changes and digging into your foundation. Now in different parts of the country a slab maybe more prevalent then a crawlspace but here in the south in the middle of NC a crawlspace is going to be the larger percentage of homes. It is less expensive for a builder to have a slab foundation rather then a crawlspace. But, when it comes down to it both are done to the NC building codes and are inspected by the local inspectors when built. Of course if you buy a home you will have a home inspector go through it throughly. However with a slab he will not be able to inspect the pipes since they are incased in concrete. Whereas with a crawlspace the inspector will go under the home to check everything they can see.
Either way speak with your agent and get their advice to see about other homes in the same area you are looking at and see if any other homes have had problems. If this is new construction just check out the builder online and ask your agent for any information they may have on them.
Hope this helps,... more
Bryant, Yes it certainly can be done.
Very Important - If you pay off the collection accounts without getting them deleted, it will LOWER your FICO score. Either negotiate a deletion upon payoff or wait until after you close the loan to pay them off.
If you search for lenders in your area, make sure that person is licensed and has lenders that will do a 600 FICO.
Most lenders are now requiring a 640 FICO but there are definitely a few that will do 600 or higher.
Chris Trapani - The 20 Year Mortgage Pro... more
This is a hybrid timber frame home for sale in Wake Forest, NC. It is hard to find one in North Raleigh but there is that one in Wake Forest and some available outside of Wake County.... more
There are lots of great places to raise children in the Triangle. How old are we talking about? You can check out www.wcpss.net for end of grade scores and lots of other information on local schools. The Triangle has lots of parks, playgrounds, etc. where children can play. Also, the museums in downtown Raleigh and the Durham Life & Science museum are fantastic!
I am from the Raleigh area and know the area well. I would love to send you information on the most popular local communities. Please give me a call or email me!
Linda Morris, Realtor Broker
Keller Williams Realty Cary
Ph (919)218-8973... more