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Four Oaks : Real Estate Advice

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  • Home Buying3
  • Home Selling1
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Activity 11
Sun Apr 9, 2017
Helen Morgan answered:
I would say it is a good time to sell. No one knows where the market is taking us and there are buyers out there who are anxious to buy but sellers are playing games and buyers are loosing money as a result. I know people who have lost thousands of dollars conducting home inspection and making partial payment to lawyers and are not able to recover those funds. Disgraceful what some sellers are doing. ... more
0 votes 19 answers Share Flag
Sat Apr 4, 2015
jaustin23 asked:
This question was asked from http://www.trulia.com/property/3193391178-King-Mill-173-Cherryhill-Dr-Four-Oaks-NC-27524
0 votes 0 Answers Share Flag
Tue Feb 26, 2013
Brenda Haney answered:
Hi Takisha,

Try contacting:

PrimeLending - Don Waters
919-795-5622 or 919-550-0902
dwaters@primelending.com

Let him know Brenda Haney sent you. He may be able to assist you or offer suggestions to help you improve your credit score.

Once you get approved come see me to help you find your new home.

Brenda Owens Haney
HomeTowne Realty Clayton East
919-271-9654
brendahaneyhtr@nc.rr.com
... more
0 votes 1 answer Share Flag
Thu Mar 31, 2011
El Brant answered:
Your credit score is affected by a variety activities. A notation is made every time a potential creditor checks for information. When several inquiries are made, it is assumed that you are filling out applications for loans which means you may or may not have been approved (for each one). Because of that, your credit rating or FICO is going to fluctuate.

In addition to that, changes in your credit card balances will also affect your credit rating/FICO score. A balance of 30% of your credit limit is typically considered "good", a balance of 70% of your limit would not be. So, if you bought something with your card and the month ending rolled over, the credit card company could have reported a higher debt to limit ratio which, you guessed it, affect your credit rating/FICO score.

Your score changes daily (at least). Even though it seems to have gone down, you can do things to help it go back up.
Good luck,
El

Your REALTOR®
Wilkinson & Associates
910.264.6515
... more
0 votes 5 answers Share Flag
Fri Feb 25, 2011
J Cross asked:
completion? looking for a free or cheap home to move that needs little but not too much work to complete
0 votes 0 Answers Share Flag
Thu Nov 11, 2010
Tammy Hayes answered:
I saw that you indicated you are a landlord so I am assuming that you mean is it a good time for you to rent out property that you already own and are not looking to rent a home instead of buying a home.

If you decide to rent the property, you want to rent it for at least 1.5 to 3 percent of the purchase price. It is necessary to make sure your rental income will cover your out of pocket expenses such as the mortgage payment, taxes, insurance, maintenance, repairs and vacancy rate. Right now, demand is higher than supply. Check with local real estate agents or call rental ads to see what the going rental rate is within the areas you are looking to purchase a property.

Try an investment calculator such as the one at goodmortage.com. Go to their web site: http://www.goodmortgage.com/Calculators/Investment_Property.html. This will give you a good idea of the financial situation if you decide to rent an investment property.

There are tax benefits in any real estate investment whether it be rental homes, apartments, vacant land, commercial buildings, industrial, shopping centers, or warehouses. Check with your local tax advisor before entering into a purchase agreement for any investment property to make sure you qualify and follow the strict requirements.

Tammy Hayes, Realtor, Sandals Realty, Punta Gorda, FL tammyhayesre@gmail.com
... more
0 votes 6 answers Share Flag
Fri Oct 29, 2010
Brandon McLeod answered:
It sounds like you have taken the necessary steps to bring buyers in. Remodeling and updating your home are key factors to get buyers hooked. As far as pricing goes, it is important that you price your homes competitively with other comps in your area. ... more
0 votes 2 answers Share Flag
Fri Oct 29, 2010
Selling Home In Nc asked:
Home is 12 yrs old, above ground pool with large deck, handicap accessible ramp, recently remodeled with modest finishes (freshly painted throughout, dark lwood laminate floors in main living…
0 votes 0 Answers Share Flag
Sun Oct 3, 2010
Summ08 asked:
3 bedrooms/2 bath/ 1500 sq ft, detached garage, 2 ac.
0 votes 0 Answers Share Flag
Mon Apr 20, 2009
Dana Schuster answered:
Mobile homes always depreciate,just like cars. it is more difficult to get financing for them for this reason.
1 vote 3 answers Share Flag
Tue Jul 22, 2008
Daniel Eberwein answered:
Brock - Are you working with a buyer's agent to help you purchase the property? A buyer's agent can help answer these questions for you, and help represent you in purchasing the property. I've worked with buyer's on foreclosures in Johnston County, and they can have surprises come up at the last second that a buyer's agent can help you sort thru, such as the question about the septic system.

The health dept may have the records you need, depending on the age of the property, sometimes the records get lost :( If they can't answer your question, it's worth the money to have a septic company inspect the system to determine if it is functioning properly, and if it needs cleaning. If i can be a further help, you can reach me thru my website www.tri4sale.com.

Daniel
... more
0 votes 5 answers Share Flag
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