Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

27560 : Real Estate Advice

  • All20
  • Local Info0
  • Home Buying11
  • Home Selling2
  • Market Conditions0

Activity 15
Mon Aug 15, 2016
Diane Christner answered:
Many of the properties marked foreclosure are not actually for sale at this time. When a lender starts the foreclosure process in most states they have to file some sort of official notice with the clerk of court in the area. Once those notices are filed, certain foreclosure database sites add those properties to their sites even though it may literally be years before the properties are actually for sale to the public. ... more
0 votes 2 answers Share Flag
Sat May 10, 2014
Christopher Pagli answered:
You would have to get contractors in to give you proper estimates. The cost will depend greatly on the finishes you choose and how easy the space is to convert.

Chris
1 vote 3 answers Share Flag
Thu Oct 10, 2013
William Allen answered:
Please give me a call if you are looking for a great lender. 810-335-3503. Or you can send me an email at wallen@proficiomortgage.com and I can send you an inquiry form to get your paperwork started and try to get you pre qualified.

William Allen
Mortgage Banker
... more
0 votes 7 answers Share Flag
Thu Oct 10, 2013
William Allen answered:
Please give me a call if you are looking for a great lender. 810-335-3503. Or you can send me an email at wallen@proficiomortgage.com and I can send you an inquiry form to get your paperwork started and try to get you pre qualified.

William Allen
Mortgage Banker
... more
0 votes 9 answers Share Flag
Wed Oct 2, 2013
Corey Gibson answered:
Sam,

Definitely not a question I have heard before, I like that. As far as your questions goes, there is always a chance. In most cases information regarding the property can be found on wake.gov website. If you need further help, contact a qualified RE Agent who can assist with that. However, be prepared that even with assistance, you might not find the answer to your question. ... more
0 votes 6 answers Share Flag
Wed Oct 2, 2013
Corey Gibson answered:
Umesh, I just completed a sale with an LLC. Everything went just fine and as normal. You need to make sure that all parties required to bind the LLC in to contract have signed the Buyer Agency Agreement.

If you have further questions, make sure to check with the operating principle of your firm or your Broker In Charge. They should be able to answer these questions.
... more
0 votes 3 answers Share Flag
Wed Oct 2, 2013
Corey Gibson answered:
It depends on the situation and the conditions. It's definitely something to discuss with an attorney. I find that buyers who look at this the most fall in to 1 of 2 categories. Either they know the seller or they are worried about getting financed.

If you fall in to the category of worrying about getting financed, check with a qualified RE agent who may know of a great Mortgage Broker. For a small fee a Mortgage broker can usually find you a great deal, help you get financed, or get you back on the path to getting financed.

If you need more assistance, contact me at the web reference below
... more
0 votes 11 answers Share Flag
Tue Dec 4, 2012
Jim Bartlett answered:
Hi Irma;
My crystal ball is cracked, it may even be broken. :) Rates today are artifically low due to a slower than normal market and the third round of Quatitative Easing done by the federal government. Quantitative Easing is a practice where the federal government spends money (that they don't have) to buy mortgage backed securities which in turn helps keep rates low. As we progress through and past this "Fiscal Cliff" the fed will have to stop spedning this money. In the end rates will trend upwards in the future. Some mortgage experts predict we will have rates around 5% by this time next year. As rates rise, your buying power drops. please give me a call to discuss this further.
Jim Bartlett 919-961-1238
jim@caryhomeseller.com
... more
0 votes 2 answers Share Flag
Sun Jun 24, 2012
Roland Vinyard answered:
There is no legal contract until ALL points have been agreed upon. It may be signed and an addendum not agreed to; if so, it's still not valid until that has been signed too. Therefore each party and back out without recrimination. However before either does that, they should consult with their attorney. There are many gray areas in these things which may need competant legal advice. ... more
0 votes 4 answers Share Flag
Sun Jun 24, 2012
My NC Homes Team answered:
Ashton

I don't work for K. Hovnian so I can't claim to have any particular insider knowledge, but here's my thoughts. To begin with it's a niche product; you must be 55 or older to purchase in this development as it was designed specifically as an active adult community. Currently they have 11 homes on the ground 2 of which are under contract. In terms of building more my guess is their lender won't permit it until a few more are sold. This is very common in today's environment and lenders are anxious about letting builders get to far ahead of themselves.

These active adult communities are a relatively new product here in the Triangle. There are half a dozen or so, and all came into being within the past 5 or 6 years as far as I know, Over the next 3-5 years I personally believe you'll see some others and it's not uncommon for newer market concepts to take a little time to catch on.

The homes and townhouses themselves are very attractively priced and offer what I think is excellent value, and while very conveniently located in many ways I wondered from the beginning if the proximity to RDU might have a negative impact on their sales as buyers may have concerns about flight noise.

If you are interested, I'd be happy to assist you in finding a great home. You can find out more about me here on Trulia by checking my profile or by visiting me website.
... more
0 votes 1 answer Share Flag
Tue Jun 19, 2012
Tracy Santrock answered:
Given the correction in the market lenders are very conservative with their appraisals. Most of the sales I've had this year have come in very close to appraised value.
0 votes 6 answers Share Flag
Tue Dec 22, 2009
Jean (Zhihong) Fletcher answered:
Hello David,

Both are relative new communities. Stonewater is little easier to access several major highways, I-540, I-40, I-54, and I-751. It is only about 10 minutes to South Point mall. It is in city of Cary; Providence Place is little tucked away and is little closer to railroad along Church street. It is in city of Morrisville.

I'd suggest to work with a buyer agent who have done business in both places. Not only they can have some insight knowledge about the community, the past sales information, and the latest market condition in general, but also can negotiate on your behalf. The commission is directly from the builder, not from buyer's purchase price. It is a free service to you. Remember builder is representing the selling side.

If you would like to find out my experience of working with my buyers in both communities, I'd love to talk to you.

Thanks,

Jean
... more
0 votes 3 answers Share Flag
Thu May 21, 2009
Joe Matthews, MBA answered:
Hi Melissa, I have worked with many land owners and buyers in the Apex/Cary/Morrisville area and am familiar with many transactions in the Aviation Pkwy, Sunset Rd, Fairview Avenue areas of Morrisville. Will be glad to meet you at my office in Morrisville Square and discuss how I could help you. ... more
0 votes 3 answers Share Flag
Sun May 10, 2009
Mike Jaquish answered:
Jason is right, and we do have Realist active in the Triangle MLS.
The records can be exported into an Excel file and emailed or printed.
0 votes 4 answers Share Flag
Fri May 2, 2008
Larry Story answered:
Anand,
I would ask an attorney. But, you need to act quickly so that you can weigh your options.
0 votes 6 answers Share Flag
Search Advice
Search

Followers

128