I have looked in the crawl space of several homes, townhouses in Southern Village, and Chapel Hill and have found moisture, water , and mold. It is a difficult and expensive problem. I have not seem a realtor that will take a look at the crawl space. Why? Don... more
Chapel Hill buyer. The amount of dollars that either the seller or the buyers pays for repairs is between the parties, unless the transaction is funded with a government guaranteed loan, in which case, the seller and buyer are bound by the findings of the contracted appraiser who will call on specific repairs to be completed before the lender can continue with the transaction. If, on the other hand, the transaction is funded through a cash or conventional loan, the sellers and the buyers can agree to any specific amount they want to support any claim of required repairs to the property. The key here is the 'agreement' which should be in writing between the parties, and if both parties are wise in this affairs, both will rely on the findings of a certified home inspector. With a list from the home inspector as to what repairs, if any, need to be completed, the parties can agree to pay for all or part or nothing of the costs. It all depends on the transaction and the agreement. For example, a seller may want to provide a credit to the buyer deducted from the price rather than provide cash at or prior to closing. There are many options that can be structured and if this is a difficult transaction to negotiate, perhaps an attorney can help. Should you have any more questions on this subject, send me an Email... 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
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