There are lots of possibilities in the Raleigh area. Probably for $150K, it may be a townhome or small detached home. i can set up a search for you that would encompass the whole area. Probably a short sale or foreclosure though. Vacancy rates here are pretty low especially in the most popular areas. Let me know if you would like for me to set up a search for you.... more
There are several programs with zero down including VA if you qualify, USDA and a down payment assistance program. Where are you looking to buy? Are you working with a lender who can tell you your personal options?... more
As a 28 year resident, I assure you that none of our communities can be described as having a 'war zone.'. I invite you to drive up and spend a night or two walking through the area you're interested in.
I'm finding a low supply of Section 8 housing for our worthy citizens (including veterans). This seems to be for one of two reasons: 1) Homeowners do not have the funds to meet housing inspectors code guidelines and, 2) a bad rap based on a few who failed to demonstrate their best behavior.... more
There are many factors involved in determining value, sadly tax value is low on the list. You must let a realtor help you with the purchase and construction of an offer to purchase, there is no cost to you the buyer so it would be unwise to not have a realtor.
Go to www.RealtyTrac.com and look at the upper right corner. Click on Free Trial. However, you may not be happy with the results. Realty Trac is good in other parts of the United States, but they have a large lag time here. In other words, there are other ways to get more current information. The easiest is to get a Realtor who lists a lot of foreclosures, and let that Realtor do the work. In other words, let the Realtor send the ones you might like ot you. I represent Fannie Mae, Citi Mortgage, US Bank, PNC Bank and a number of outsourced companies. So, I know what is going to hit the market before nearly everyone else. YOu can go to www.TeamForYOUrDreams.com and click on the button that says "Good Deals Buying Foreclosures", then let us know what you are looking for. Our team will send you the properties that will make you happy. Also, if you want to learn how to get great deals with Short Sales, go to www.CreateAShortSale.com because they are frequently better deals than foreclosures. Good luck.... more
Tenants want the same things many of us want: wood floors, large kitchen, good counter space, appliances in good working order and gas range if possible, ample closet space and storage, natural light. They are often willing to make trade-offs to get these things. For example, a small bedroom with great closets is frequently better than a large bedroom with small narrow closets.... more
No rent-to-own that I specifically know of in 27614, but given today's rates and sales prices, purchase is often less expensive and a better financial decision. Although everyone's situation is different, the right lender and the right loan product can often work for borrowers who didn't think they were ready or able to buy. Let me know, and I am happy to put you in touch with a lender that can possibly help.... more
I doubt they'll come down significant more. In fact, there really isn't room on the downside for much more of a drop.
Whether to refinance depends on what rate you currently have. But, assuming the numbers work out that it makes sense to refinance now, I'd do it now. Even if rates DO drop maybe another quarter of a point, you'll still be in a much better position than you are right now. And it's really impossible to call the absolute bottom of the market as far as rates are concerned.
Hope that helps.... more
I have been Don, and I wasn't impressed. In fact some of the produce I purchased there wasn't fresh or good. I took it back to my favorite HT store and they doubled my money back. I am a big fan of this grocery chain, but the one at N. Hills didn't meet my expectations. How about you?... more
Did anyone go to First Friday last weekend?If not, there is always next month! It is an art show all over downtown. They generally close down part of Hargett Street to showcase some bands and local vendors.
Head here for more ...
your post does not show the house.......if you let me know the address i might be able to shed some light on the subject.
John T. Little
Triangle Realty Solutions
4620 Watkins Rd.
Raleigh, NC 27616
Fax (877) 447-4333
Great questions. When are you planning to relocate? Our school system has undergone some massive changes in assignment procedures this coming school year and most of the selection process has been completed. I would recommend visiting the school board website to better understand how the new selections are being made for the remaining seats if there are any in the schools you are interested in. I have 2 school age children and one entering kindergarten so I have done an extensive amount of research on the situation. Feel free to contact me through me Trulia profile with specific questions.... more
Oh, I couldn't possibly answer it all in a paragraph.
I purchased my home here in East Raleigh about 25 years ago. East and Southeast Raleigh have always been treated as a stepchild. Fewer shopping opportunities, yet, some of that is turning around, because land prices are so much more expensive elsewhere.
I tell people: look at your goals. Rather than base your potential purchase on what other people think, first, ask if they live here. Then, ask why they don't. More than likely, its based on a negative opinion that someone else pro-offered.
The April 2011 tornado showed how diverse many of our neighbors are - but the media takes very little notice. Eventually, EVERY area will be more costly in 10 years or so!... more
Like any contingency it makes the offer weaker. If i am the listing agent working with the seller and an offer with a contingency for selling a previous home comes in, I will prepare a comparative market analysis for the buyers home which needs to be sold. I will assist my seller in determining whether the buyer has priced their property appropriately and the likelihood it will sell.... more