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27701 : Real Estate Advice

  • All14
  • Local Info1
  • Home Buying6
  • Home Selling0
  • Market Conditions0

Activity 9
Mon Aug 18, 2014
David Deberry answered:
Currently the demand for downtown living in Durham is very high, and there are not too many places left for the rates we saw just 5 years ago. However there is a lot of new construction happening in the area, and rates should level out to adjust to the new inventory. Until that happens, having an agent keep an eye out for new listings is critical to finding a place that suits your needs because good living down town is rare. To answer your question, Yes, but very hard to find. Hope that helps. ... more
0 votes 2 answers Share Flag
Wed May 8, 2013
jmjuicy answered:
I am an owner, who is currently accepting section 8 renters. My name is Johnnie D. Lawrence. My property is located at 164th and Huntmere Avenue. To contact me call (216) 970-8882 or e-mail .e at jmjuicy@yahoo.com. Thanks. ... more
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Thu Nov 12, 2009
Deborah Miller answered:
Condos in Durham (keep in mind this is all condos sold) averaged out in the 2nd quarter of 2009 at $138.49 a square foot and were on the market about 37 days. Urban living as the others have commented is moving up in Durham and as a Durham Native I am excited to see this. I recently toured the planned growth with the Chamber and while there are some new condos planned I do think the prices will be going up. ... more
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Sun Sep 27, 2009
Pam Durand answered:
I strongly suggest that you get another appraiser, one that knows the area. May good appraisers will go out of the area in which the home is located in order to find good comps. I do not believe that using foresclosure, short sales, etc. is a proper representation. Your lender can review the appraisal and also your agent and appeal. Good luck! ... more
1 vote 8 answers Share Flag
Wed Aug 26, 2009
Sam Shueh answered:
I would work very hard to improve my credit and have at least 3.5% downpayment.
The home price will not go back up anytime quickly. Even if you have a property what is
the likelihood turning from bad credit to get served for judgment? I think it is high. ... more
0 votes 9 answers Share Flag
Tue Jul 8, 2008
Stanton Homes answered:
Durham County property tax values were due to be reevaulated starting Jan 1st, 2008, and I believe those reassessments are still in progress. Unlike other counties, there isn't an "easy" link to ask questions. But you can contact the county tax office with any questions:

Durham County Tax Administration
200 East Main Street
1stFloor, Old Courthouse
Durham, NC 27701
Phone: 919-560-0300
... more
0 votes 1 answer Share Flag
Tue Mar 25, 2008
MichelleinNC answered:
I strongly recommend that you work on your credit score. The better your credit score, the less interest you pay. Having good credit saves you thousands in the long run. There are many things you can do to help. I don't know of your specific situation, but here are some tips:

Pay all of your monthly bills on time
Don't go over your limits on your credit cards
Save some of your paycheck each month
Spend less than you earn each month
If it is possible, get a 2nd part-time job to pay down some of your debts a little quicker

Are you considering taking out a personal loan to buy a house? Or just in general want a personal loan for something else? I have a strong financial background and could possibly give you more specific help, but I need more info.
... more
0 votes 3 answers Share Flag
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