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27515 : Real Estate Advice

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Activity 92
Tue Jul 7, 2009
Michael Colvin answered:
I would get yourself a buyers agent, run comps from the last 6 months, make an offer and see, sometimes sellers gain a new perspective when they actually have a written offer in hand.
Michael ... more
0 votes 10 answers Share Flag
Thu Aug 6, 2009
Michael Colvin answered:
I would be happy to provide you quarterly reports, if you tell me exactly what information you would like to have.
Michael
0 votes 3 answers Share Flag
Tue Dec 8, 2009
Craig Fox answered:
Keri,

I would be happy to help you find a rental. There are a number of sources I can access, including our MLS system. If you would like to look on your own, I'd recommend looking in Craigslist. Let me know if you are unfamiliar with that webpage and I can help you out. Contact me if you'd like to discuss further.

Craig.
... more
0 votes 7 answers Share Flag
Tue May 12, 2009
Michael Colvin answered:
Hi Sara
I would recommend the city websites, http://raleigh.citysearch.com/ I would also be happy to share my advice as far as neighborhoods I am familiar with in Raleigh if you provide your needs sq footage, price bedrooms and baths etc. ... more
0 votes 5 answers Share Flag
Fri May 8, 2009
Sav answered:
We just made an offer in the same area and were advised by our realtor to put down 1%...which is higher than what our lender advised us.
0 votes 9 answers Share Flag
Thu Jan 29, 2015
Craig Fox answered:
They are within walking distance of downtown Chapel Hill and campus and only a few years old. The area is fine and close to a lot of the nightspots in Chapel Hill, but I don't think would be too noisy at night (except maybe after a major UNC basketball victory!). ... more
0 votes 4 answers Share Flag
Fri May 29, 2009
Stanton Homes answered:
Block & Associates handles rentals for much of the Triangle, including Chapel Hill.

You can find samples of homes for rent here: http://www.nchomerentals.com/

Let me know if you'd like a recommendation of someone to work with. ... more
0 votes 3 answers Share Flag
Thu Feb 17, 2011
Bill Eckler answered:
Debbie,
It's a matter of personal preference.....

People with children and pets seem to prefer the solid surface for cleaning purposes while others prefer carpeting because of the quietness associated with it.

Hardwood has a unique beauty that can be framed by area rugs to create a special warmth.

Good luck
... more
0 votes 11 answers Share Flag
Mon Feb 16, 2009
Barrett Powell answered:
I have seen values all over the board. Some I have seen have been fair. Some I have seen have been outrageous. I think the trend for some used data starting in late 2006 just before we saw the economic slowdown. Those folks should dispute their values.

Even though Chatham has remained fairly strong, compared to other parts of the Triangle, prices have not increased by the percentages the County is increasing values. For the most part, values have remained constant in some areas, fallen in others, like lot prices in some areas.
... more
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Sun Feb 15, 2009
Stanton Homes answered:
Here's an explanation of how to use the Orange County property tax site. Property tax depends on assessed value, not purchase price.

http://activerain.com/blogsview/552449/Orange-County-NC-Property-Taxes-How-Much-Will-Property-Taxes-Cost-in-Chapel-Hill-Carrboro-or-Hillsborough

Here is a table with the most recent rates.

http://www.co.orange.nc.us/revenue/tax_rates.asp
... more
0 votes 1 answer Share Flag
Fri Feb 13, 2009
Linda Cromartie answered:
Hello Allblue,
Builders have gone bankrupt because they have not been able to sell homes already built and had to reduce prices to try to clear out their inventory. Builders generally quit moving on the the next phase of project development...and so on and so on. Also, Builders were not able to access credit to continue building.

If a builder in bankruptcy has an inventory of homes left, you should be able to negotiate a good deal.

However, I expect most if not all builders will raise list prices this spring on pre-sales as they are moving back to list prices in line with the true cost of production, including a profit margin.

Finally, spring is the busiest time for real estate, no matter what the market conditions, and housing conditions seem to be slowly improving around the country.

That said, all real estate transactions are negotiable; it pays to have a Realtor Buyer Agent represent you even when purchasing a new home (it's amazing how many buyers do not realize this); but don't expect the kinds of bargains available until recently on new home inventory (already built) purchases.

Of course, any negotiating power increases or decreases wil the popularity of a specific area at a specific time.
... more
0 votes 0 Answers Share Flag
Wed Oct 13, 2010
Deborah Miller answered:
I am not sure exactly what your question is. I did look at this 35 Golden Heather Court in the Preserve at Jordan Lake. It was listed in 2004 for $536,000 then in 2005 they rented it until 2007. It was then listed for $475,000. and withdrawn. Suntrust Bank sold it in 05/09 for $352,000. What happened here is that the bank could not see taking that big a hit at $210,000. the tax value on this home is almost $508,000 .

I saw no one answered you but perhaps this brings closure to your question.


Deborah Rigsbee Miller, Realtor
Coldwell Banker HPW - Durham, NC
... more
0 votes 0 Answers Share Flag
Fri Nov 6, 2009
Larry Story answered:
HOA,
insects are common all over the south. Of course if you have a problem or have seen some in a home you are looking to purchase make sure to have a through pest inspection as well as a home inspection.

Hope this helps,
... more
0 votes 3 answers Share Flag
Thu Apr 30, 2009
Michael Colvin answered:
Hi
I live very near RDU airport and it is not an issue for me, Horace Williams is a much smaller airport, a lot of the noise factor is determined by flight paths, etc. I would not be too concerned and I would find a home you like and visit it many times during the day and night at different times to try and determine if its going to be a problem.
Michael
... more
0 votes 5 answers Share Flag
Wed Jul 16, 2008
answered:
There is a very simple answer to this question....Location. Meadowmont is very conveniently located just a bike ride from UNC, on the free busline, and a short walk to the Friday Center. It is a beautiful neighborhood that offers a walking community lifestyle with its own post office, grocery store, restaurants and shopping. People who live in Meadowmont also have use of the community pool and fitness center and UNC Wellness Center is also located there. Those who live there, love it. ... more
0 votes 4 answers Share Flag
Wed Jul 16, 2008
Michael Colvin answered:
Hi Dj
There are a lot of areas around Chapel Hill that could work for you, and be a good investment, especially for 6 years or more. I found a potential of 44 properties, if you would like me to email those to you I would be happy to, just go to my website and email me.
Thanks, Michael
... more
0 votes 7 answers Share Flag
Thu Jan 30, 2014
Larry Story answered:
If there are foundation problems you will need a company specializing in foundation repair. If you want to even deal with that. These could cause any number of other problems. Once it is fixed you should get a warranty but, thes problems can be very expensive.

Larry Story
Coldwell Banker Triad
... more
0 votes 12 answers Share Flag
Thu Sep 19, 2013
Tman answered:
Kimberly,


You can ask for anything .. it's the getting part that's extremely hard.

What loyalty would it create..? .. you haven't accomplished anything yet ..

In todays market you have full service realtors cutting their commissions to 3 and 4% just to get business .. and you want consumers to pay for your fuel costs upfront..? .l.o.l..

Should a consumer pay a painter upfront, or the plumber or the local car salesman before they get their car..?


: ^)
... more
0 votes 19 answers Share Flag
Mon Oct 20, 2008
Laura Grace answered:
Hi Dave,
I will send you a list of some great possibilities, but I need just a little bit more information about your price range, bedrooms needed and biking distance( to, UNC? ).Thanks, I will get back to you with a bit more info!

Laura
Laura
... more
0 votes 8 answers Share Flag
Mon Apr 28, 2008
Michael Colvin answered:
Hello Jeffrey
I found one condo for $79,250 on 715 Shepard Lane. Let me know if you would like more info or like to go see it.
Thanks, Michael
0 votes 7 answers Share Flag
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