Home Buying in Raleigh : Questions & Answers

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Tracy Santro…, Real Estate Pro in Cary, NC
Tracy Santrock answered:
Question of the Day: What makes a great buyer's agent
An ideal agent is one who’s organized, pays attention to details, and understands the buyer’s neighborhood, market values and other details. The agent must demonstrate the ... more
0 votes Share Flag Sat Mar 17, 2012 Home Buying in Raleigh
Ebony Blount-…, Real Estate Pro in Raleigh, NC
Ebony Blount- Broker/Realtor, SFR, WHS answered:
Looking toward possible relo to the Durham/Ral NC area. Within 15 mins of Research Triangle Park what are the best towns for young families?
I would love to send you a home search and school report cards for the area. Email me, eblount@fmrealty.com :)
0 votes Share Flag Tue Mar 6, 2012 Home Buying in Raleigh
Nila Kuchars…, Real Estate Pro in Raleigh, NC
Nila Kucharski answered:
What's the typical process when buying a short sale?
You make an offer with the help of a realtor on a short sale listing that any realtor may have or on the one you found from the realtor's website listing. Your buyer agent wil ... more
0 votes Share Flag Tue Mar 6, 2012 Home Buying in Raleigh
Mimi Francis, Real Estate Pro in Cary, NC
Mimi Francis answered:
What are some tips for first-time home buyers?
Oh, boy, I could write a *book* on this topic! Here are some of the Top Tips I share with Home Buyers in the Cary/Raleigh/Chapel Hill area of North Carolina:
- start preparing to buy ... more
0 votes Share Flag Sat Mar 17, 2012 Home Buying in Raleigh
Venita Peyton, Real Estate Pro in Raleigh, NC
Venita Peyton answered:
Which costs are potentially negotiable in closing costs
The Good Faith Estimate is where you have an opportunity to choose which lender you want. Begin with the interest rate and origination cost. Most lenders will automatically tell you its ... more
0 votes Share Flag Sun Mar 4, 2012 Home Buying in Raleigh
John Wesley…, Real Estate Pro in Hampton Cove, AL
John Wesley Brooks answered:
Credit score of 647, need a 650 to qualify for down payment assistance. Help!!
HI SAHI,

I KNOW ONE LENDER IN MY CITY WHO WILL WORK WITH A 600 CREDIT SCORE, WELLS FARGO. MIGHT GIVE THEM A RING. IF YOU DON'T WANT TO WORK WITH AN OUT OF STATE LENDER THEN I WO ... more
0 votes Share Flag Fri Aug 16, 2013 Home Buying in Raleigh
Nathan Wolf, Real Estate Pro in Charlotte, NC
Nathan Wolf answered:
What are some surprises that first-time buyers encounter when purchasing a home?
Surprise 1: Down Payment Assistance Programs for First Time Home Buyers. These programs offer up to $8000 toward down payment assistance-- ONLY FOR FIRST TIME HOMEBUYERS.

Surprise 2 ... more
0 votes Share Flag Thu Mar 1, 2012 Home Buying in Raleigh
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Any hard money lenders in the Raleigh area?
Yes. But if you're a home buyer (for a primary residence), hard money lenders won't be willing to lend to you. They'll lend short-term (6 months to a year) on investment ... more
0 votes Share Flag Wed Nov 28, 2012 Home Buying in 27613
Mike Jaquish, Real Estate Pro in 27513
Mike Jaquish answered:
Document Fees
http://www.realtor.org/realtororg.nsf/pages/respasec8b?opendocument

I don't discuss pros and cons of other brokers' business models. Everyone needs to be legal while build ... more
0 votes Share Flag Wed Feb 15, 2012 Home Buying in Raleigh
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Can I buy a short sale home with bad credit?
The bank is allowing a person they let borrow money, and who is now not paying them back, sell the home at a loss to the bank. The bank is going to want to make sure whomever buys it c ... more
0 votes Share Flag Sun Jan 1, 2012 Home Buying in 27604
Tracy Willia…, Real Estate Pro in Raleigh, NC
Tracy Williams Pender answered:
When purchasing a new home that has been on the market for awhile what percent below the asking price should be offered?
There is no set percentage. Offers should be based on the condition of the home and compariable sales in the area. Feel free to contact me if you need a Realtor to assist you along the ... more
0 votes Share Flag Sat Dec 24, 2011 Home Buying in Raleigh
Ebony Blount-…, Real Estate Pro in Raleigh, NC
Ebony Blount- Broker/Realtor, SFR, WHS answered:
Is there a way to find out if this address has ever been put on/taken off the market by its current owner?? 4808 Hodfield Court Raleigh N.C.
Send me an email at eblount@fmrealty.com, I would love to see if I can help. :)
0 votes Share Flag Thu Feb 2, 2012 Home Buying in Raleigh
Tom Bohlmann, Real Estate Pro in Wake Forest, NC
Tom Bohlmann answered:
I would like to know if this home is up for sale?? Can anyone help me with that? The address is 4808 Hodfield Court Raleigh NC... Thanks!!
Olivia

Our MLS shows it sold and closed 02/12/2002

If there is anything else we can help you with.

Tom
0 votes Share Flag Wed Jan 11, 2012 Home Buying in Raleigh
Mike Jaquish, Real Estate Pro in 27513
Mike Jaquish answered:
what kind of classes u have to take?
http://www.ncrec.gov/pdf/LicensingBooklet/law.pdf
.
http://www.ncrec.gov/pdf/LicensingBooklet/studyguide.pdf
.
http://www.ncrec.gov/continuing-education/General_Information.html
.
... more
0 votes Share Flag Wed Nov 2, 2011 Home Buying in Raleigh
Seth Polling…, Real Estate Pro in Raleigh, NC
Seth Pollinger answered:
Does split level negatively impact the resale value of homes in Raleigh Nc?
It does. Since values are driven by demand, and the split level is less popular in demand, that results in lower values. Of course, split levels vary. Some are buried in the ground a ... more
0 votes Share Flag Wed Mar 21, 2012 Home Buying in Raleigh
Marie Scheur…, Real Estate Pro in Raleigh, NC
Marie Scheuring answered:
for a hud owned home is it normal to offer less than asking price and how much lower should you go than the asking price when making a bid thru agen
Regardless of the asking price, you should make your offer based upon the recently sold comparables and the condition of the home with relation to the other comps. HUD always pays for ... more
0 votes Share Flag Tue Sep 24, 2013 Home Buying in Raleigh
Venita Peyton, Real Estate Pro in Raleigh, NC
Venita Peyton answered:
After being approved through my bank, the USDA denied the loan. They said they have never had this happen. What is the appeals process like?
I've never heard of USDA rejecting any applicant without an explanation, however, I also have not heard of the Seller allowing possession before closing with an USDA loan. Your lo ... more
0 votes Share Flag Sun Oct 16, 2011 Home Buying in Raleigh
Venita Peyton, Real Estate Pro in Raleigh, NC
Venita Peyton answered:
In this market is it cheaper to rent or to buy?
There's no easy answer. You can pay $1200 month rent w/no tax advantage (following someone else's rules) or have a mortgage of $850 month which you can write off on taxes for ... more
0 votes Share Flag Thu Feb 2, 2012 Home Buying in Raleigh
Edward Knox, Real Estate Pro in Raleigh, NC
Edward Knox answered:
Family moving to Raleigh area. 3 houses. Young kids, active in sports. Looking for good schools, small-town feel. What areas fit?
There are many areas that meet your criteria. The Apex and Holly Springs area come to mind. They are next to Cary and Raleigh, easy commute to any of the shopping events, museums, State ... more
0 votes Share Flag Fri Jan 25, 2013 Home Buying in Raleigh
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