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Home Buying in Chapel Hill : Real Estate Advice

  • All181
  • Local Info17
  • Home Buying67
  • Home Selling5
  • Market Conditions13

Activity 82
Tue Nov 19, 2013
Kendall Scoville answered:
That home was built by Keith Dixon in 1990. They're still active in Orange county; their website address is http://www.keithdixonbuilding.com/main/index.htm if you would like to look at some of their more recent homes.

If you're interested in walking through this home, or if you would like any help in finding some similar homes, I would be happy to assist. You can contact me from my profile page, or shoot me an email at:

kendall.scoville@allentate.com
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0 votes 3 answers Share Flag
Thu Oct 24, 2013
Jbono39 answered:
You might check 30081 Britt, Governors Park, Chapel Hill, NC. The park has a wonderful mix of different age people. This community owns up to wonderful neighbors. Call Domicile Realty and speak to Jill Ehrenfeld (919) 260-6968 (c) phone ... more
0 votes 8 answers Share Flag
Thu Sep 19, 2013
Thomas Bohlmann answered:
Again it also depends on the buyer. If they buyer is just Looking, then yes charge the retainer.

The the.buyer.is prequalifed ti buy in the.next 30.days, no.

The investors and i charge the $1500, as.i spend.so much .time with them on number crunching, financial analysis of the deal and teaching. The commision does not cover much

So as a buyer, be.prequalifed to purchase will help.

Best.if luck
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0 votes 19 answers Share Flag
Sun Sep 1, 2013
Deborah Miller answered:
Rachel

Just go to www.spotcrimes.com and input what area you want to check on. You can use this for anything from California to NC , and anywhere In between.

Let me know if you need additional help.


Deborah Rigsbee Miller
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0 votes 1 answer Share Flag
Mon Aug 26, 2013
John Hanson answered:
Katie,

I was stationed in San Diego and moved to Chapel Hill to attend UNC. I can relate to the cross country move and would love to be of any assistance if you need it. Please feel free to contact me anytime at the office (919) 882-7922 or hansonj@hpw.com.

Thank you and safe travels,

John Hanson
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0 votes 10 answers Share Flag
Tue Aug 20, 2013
Mark Civiok answered:
Hi Gisa:

I have been a real estate broker for 15 years in the Chapel Hill market and only recently connected with this aspect of the Trulia web site, so I am responding late, knowing this may no longer be a concern for you.
Have you found a rental home or did you already buy a home? If you have any questions or continuing interest in learning about the local market and listings I will be happy to consult with you at your convenience. Mark 919-960-6332 civiokm@hpw.com
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Thu Aug 15, 2013
Faye Kamrani answered:
I have a listing at Bolinwood. My client bought it when their kids were attending UNC. They never had any problem to rent the place even off season. They never deal with section 8 neither. They collect $850-900 per month. The onsite property management company is awesome . They take care of the problem right away. They have a good crew and they charge $50.00 a month.
It is very hard to sell the unit with the tenant. my unit is vacant and the on site property management company always take new application from prospect tenant.
The challenge is getting a loan for condo in general unless it is cash.
Let me know if you have any questions.
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0 votes 3 answers Share Flag
Fri Aug 2, 2013
My NC Homes Team answered:
Licensed Realtors can't answer this question as it's against the law to discuss the make up of any neighborhood. You're going to have to speak to unlicensed people (think residents) or spend a little time there to see the overall composition of the neighborhood. That said, I've sold in this neighborhood and specifically in the Villas section and the builder has specifically designed this product to appeal to those like myself (55+). I think Briar Chapel is a wonderful development and based on my own sales within the community I think it appeals to a wide range of people from graduate students or medical residents at UNC and younger just getting started families to retirees like yourself and everyone in between. ... more
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Wed May 15, 2013
Hilda Parler answered:
I know the area well. Please contact me for showings of other properties similar to the home that is no longer available.

Sincerely,
Hilda Parlér
919 357-4649
Parlér Properties LLC ... more
0 votes 8 answers Share Flag
Sun Apr 21, 2013
Gail Ferri Properties answered:
The commute will vary each day depending on the traffic conditions. You have to plan on at least 45 minutes to downtown Raleigh. It takes me 30 minutes to get from Chapel Hill to Cary, and then you will have 15 minutes more to get into downtown Raleigh. An alternate idea would be to look in Cary. The Wake County schools are great, and several in Cary are among the nation's best. I'd be happy to show you properties in Cary if you are curious to see what we can offer. Gail Ferri, Fonville Morisey ... more
0 votes 17 answers Share Flag
Wed Jan 16, 2013
Reg Morgan answered:
Here's an update on prices and where we are in a current market in the Triangle. Sales are moving, but prices haven't caught up yet. It's still a good time to grab some valuable properties at a discount from 2008 prices.

http://www.newsobserver.com/2013/01/14/2607470/triangle-home-sales-are-up-but.html#storylink=misearch

Contact me for more information on current trends and we can look at what's on the market now.

Reg Morgan, GRI, CRP, Broker
Coldwell Banker HPW
Chapel Hill
MorganR@HPW.com

www.ReginaldMorgan.com
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0 votes 6 answers Share Flag
Mon Nov 26, 2012
Todd Neal answered:
Wes

In addition to being a broker with Coldwell Banker HPW, I am and have been an investor for over ten years. I handle many of the foreclosures that come through Coldwell Bankler HPW and have assisted many of my investor clients buy, renovate, hold or flip. And I property manage many those properties too.

It is about the numbers so having good analysis and projection tools is vital. Simple CAP rate is not enough in this complex envirnment. I have developed and tools to evaluate opportunities and would be happy to talk at your convenience.

TODD NEAL
Broker/Consultant,
Coldwell Banker HPW
919.358-3662
todd11@aol.com
www.toddneal.com

MOVE SMARTER
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0 votes 7 answers Share Flag
Mon Nov 26, 2012
Todd Neal answered:
Appu

I am also a native of Ohio before moving to Chapel Hill 14 years ago (by way of NY). Being a college town near the Research Triangle Park, Chapel Hill is diverse and somewhat transient with lots of residents (professionals and professors) staying for short periods of time, say 1 - 3 years. Consequently there are lots of rental options. I found it very helpful to rent for a year before I purchased so that I could find the neigborhood I really wanted to buy into. More than half of all Chapel Hill residents are renters and that wont change anytime soon.

All of the schools are excellent but all are different. Before you look at a single home I strongly suggest that you take the tour of the schools. Each school makes it very easy to have a tour guided by a parent during school hours. That lets you get a feel for the unique physical and emotional context of each school and match that to you and your child/children's preferences.

Chapel Hill has many different types of neigborhoods and topographies, unlike most of flat Ohio unless you are from southern Ohio. It can be extremely hilly here and that does matter with children. Also, some areas are easy walks to shops and restaurants while others are strictly driving distance. Think about the lifeestyle (biking, walking, limited traffic) in addition to house features.

Feel free to call or email anytime 919-358-3662 or todd11@aol.com.

And finally, go Bucks.

Todd Neal
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0 votes 13 answers Share Flag
Fri Nov 16, 2012
Wes Talman answered:
Thanks for getting back to me Larry ... do you happen to have much experience in working with foreclosures and foreclosure investments?
0 votes 2 answers Share Flag
Tue Nov 6, 2012
Michael Colvin answered:
Hello Appu
My office is in the 27705 zipcode newer homes in that price range are few however if you would consider 27704 I have a few I could send you. ?Are you looking for a particular school?
Michael
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0 votes 5 answers Share Flag
Tue Nov 6, 2012
Mary Aguero Wheeler answered:
What a great service-I have never seen this format before but I do know many of the agents who have answered and you would be well served by any of them. But, I want a chance too!
I have 17 yrs. of experience working with investors and have worked with two of them for 16 yrs.
Two investors may have the same amount of cash and one will be comfortable buying 3 less expensive units, paying cash, having it managed and never setting foot in the unit again. They are hands off, long term investors who buy 2 units a year, at the same time every year. The husband sees the unit one time with me, never sets foot in the condo again and plans to cash out in 10 yrs and move to the South of France - really. The other investor will take that cash and invest in a prime, walk to UNC campus home and manage it himself. Both would not do what the other is doing. I will help you figure out what works best for you and then find it for you. I love it and it is my favorite type of real estate work.
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0 votes 7 answers Share Flag
Sun Sep 16, 2012
W Somers answered:
Owner Financing or Subject to existing loan Financing

I own a number of rental properties in Utah and Colorado, and we have done subject to existing mortgage financing on
some of them when we have sold them.

Basically the new owner takes over our payment to our mortgage company, and we hold the paper until they get new financing in 5 years or so.

We do this through a special escrow company who pays the mortgage, taxes and insurance so we are assured everything gets paid. We get 20% down.

Is this done out here in North Carolina? It has been a win/win for us and the buyers in Colorado and Utah.

I find some agents don't suggest this to their clients, even if their house is not selling. If anyone is interested in owner financing or something like this- or has a client who is.. let me know.

landlorddiva(at) gmail.com
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0 votes 3 answers Share Flag
Fri Jun 29, 2012
John Goddin answered:
I would start with the other family members and see what they want to do with the property. If everybody wants to cash out, you sell all of it and split the proceeds. If one or more want to stay in the property, see if they are interested in buying out your share. If they are not interested in buying you out, you may be able to force the issue, but will need an attorney to advise you on that. You will probably need an attorney no matter what to make sure all paperwork is done correctly, an appraiser to place a value on the property if that has not been done recently (may have been done as a part of settling the estate) and an accountant well versed in these types of situations to minimize tax consequences. If the decision is to sell one or more properties to a third party, a good real estate agent will also be needed. Feel free to contact me if you need help. I have worked extensively with rental property and investors in this area for 28years and own investment property of my own, so am well positioned to give you good advice. ... more
0 votes 6 answers Share Flag
Mon Jun 25, 2012
John Goddin answered:
Hi Psizzle,

I am a Chapel Hill agent as well and would welcome an opportunity to discuss helping you find a place. I offer buyer's agent programs that I think are unique in this area in that I work with my clients up front to determine the scope of the services they need and structure my fees based on that. This will typically result in a commission rebate to the buyer since the amount of commission built in to the price of most listed properties is usually larger than my fee. Contact me if you are interested in more information on how this works.

John
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0 votes 5 answers Share Flag
Mon May 21, 2012
Desiree Goldman answered:
The Triangle is known for its excellent healthcare.

In Chapel Hill your choice would be UNC Hospital. They are building a new facility in Hillsborough.
In Durham you have Duke Hospitals and Wake County you have REX.

The area has a reputation for being the leader in cancer treatments and many other specialties.

Please let me know if you have any other questions.
... more
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