Trulia Community - Advice from neighbors and local experts

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

Cary : Real Estate Advice

  • All245
  • Local Info24
  • Home Buying117
  • Home Selling8
  • Market Conditions8

Activity 188
Fri Mar 8, 2013
Mike Jaquish answered:
Might try Cornertsone Apartments off High House Road in Cary, between Davis Drive and NC HWY 55.
Lots of stuff, nearby in Cornerstond Shoping ctr, and Stone Creek Village.

Also, consider Grace Park at the corner of Davis Drive and MOrrisville-Carpenter Road. Super EZ commute and walk to several restaurants at that intersection.

There is also a complex at the Arboreteum, at Harrison Avenue and Weston Parkway. I forget the name, but the Arboreteum offers a lot of shops and restaurants, from Moe's SW Grille to Ruth's Chris Steaks, An, Bonefish Grill, etc.
.
.
... more
0 votes 2 answers Share Flag
Wed Feb 29, 2012
Bo Bromhal answered:
It is indeed important to many people.

But it's not REQUIRED that we put it down when we list a home. Combine that with a "i'd rather not say it's THAT builder" and you see how this happens.

Of course, finding out who the Builder was is not an issue usually.
... more
0 votes 14 answers Share Flag
Tue Mar 8, 2011
Bo Bromhal answered:
I'll be honest with you -

1. I haven't had anybody buy tract builder spec construction from plan since the credit crunch occurred.
2. I've always recommended the local builders anyway, not the national tract builders.
3. Most of the national tract builders are fairly easy to find info out on.

I'll also tell you that NO, the builder's financial conditionhasn't been to big of a concern, because you as a Buyer aren't going to be out but so much money - when your Realtor is working well for you. It's ONLY when youa re thinking of building from the ground up that your dollars get truly significant. otherwise, you should be 1%,
... more
0 votes 6 answers Share Flag
Mon Sep 3, 2012
Kim Dennis answered:
What type of bankcuptcy? Reorganization or not? The biggest question / concern for a buyer is related to the warranty on the home. Most builders warrant their product for the 1st year against certain types of defects (cracks, sometimes nail pops, etc.). In addition, many builders offer a structural warranty (for up to 10 years) that covers more of the major issues.

If the builder is closing their doors completely, who, if anyone, would handle warranty issues? As a buyer's agent I'd be asking a bunch of questions related to those items.
Kim Dennis
919-417-7444
... more
0 votes 8 answers Share Flag
Thu Feb 2, 2012
Tim Burrell answered:
Our team sells bank owned properties and short sales, so we have the properties with the low prices that investors love. As a result, we represent many, many investors. I give presentations to the Triangle Real Estate Investors Association to educate their menbers, and we can counsel you directly on investment properties. Please go to www.TeamForYOUrDreams.com for more information. ... more
0 votes 7 answers Share Flag
Tue May 15, 2012
Bo Bromhal answered:
Buyer rebates are not that common locally, but they do occur.

I wouldn't rebate you my compensation because you don't pay the compensation, either in hard dollars or in higher price of the home. Would you give your employer back some money at the end of the year as a gesture of thanks for employing you?

If you truly find what you believe to be equivalent agents, and one offers you a rebate, then by all means, why would you leave money on the table? Choose the agent that gives you a rebate. But I'd be hard pressed to imagine two equivalent agents, and one of them decides to go back to their boss at the end of the year and says "here's some of the money I earned, thanks for employing me."
... more
0 votes 16 answers Share Flag
Fri Mar 4, 2011
Mike Jaquish answered:
Mike,

Hey, I was just wondering what happened to you today.... =) Pretty quiet around here.

The berm question is a little tough to answer well without visiting the property.
I have seen some berms that seem to be great and some that present problems.
Most often, I see hard-packed berms that will not grow decent ground cover. Yes, that can lead to erosion, either of the berm itself, or the surrounding yard.

Two points:
You have to like it enough to live with it while you are in the property.
You need to feel good that it will not cost you at time of resale, or make for more difficult resale.
.
... more
0 votes 6 answers Share Flag
Wed Mar 2, 2011
Mike Jaquish answered:
Mike,
Some have shrubs and trees and even fences around them, and some are wide open to view.
And some retention ponds are quite attractive as they are designed to hold water all year, and become the community water feature.
I don't like the deep ones with steep sides, which appear that they would be difficult to escape, particularly for a child. I would not like to live very close to one of those.
Many pools are mostly dry for much of the time, except for a day or two after a heavy rain.
The bio-retention devices are interesting, as they use plantings to absorb chemical run-off, like fertilizer, before the water is realeased to streams and rivers.

I blogged about them recently:

http://blog.mikejaquish.com/2011/03/02/cary-nc-stormwater-retention-ponds-reduce-erosion-and-protect-our-rivers/

..
... more
0 votes 6 answers Share Flag
Fri Mar 4, 2011
Sheri Moritz answered:
Dave,

This is a very complex question. With rates as low as they are you are right that you may be better off keeping your cash in your pocket and investing it in other ways if this is your first home purchase. Maybe you want to buy another home after you are a homeowner to rent (which is a good idea) then you will still have your cash. If you find yourself needing cash for personal or business purposes you will have you cash.

HOWEVER, if you pay cash you will not have as many closing costs (you still have many of them like attorney fee, recording, insurance etc.) you will not have to pay interest on anything, you have the security that your home will never be taken etc.

But then again if you get a loan currently you can write off the interest and closing costs on your taxes, you could be establishing credit if you need to...

Long story short is there is a lot that goes into that decision. My best advise is to speak with a lender about different options for loans as well as a financial advisor as to how it would impact your personal financial situation or feel free to contact me and I can answer any your real estate specific questions.
... more
0 votes 7 answers Share Flag
Sat Mar 5, 2011
Dallas Texas answered:
It depends on location/ personal / professional short and long term goals. If new home fits your requirements to purchase then go that route everything is brand new with no prior owner

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
0 votes 6 answers Share Flag
Sat Mar 5, 2011
Bo Bromhal answered:
Mike -

There are many people - Realtors - in the Triangle who will be happy to provide you with good advice. I notice you have several questions about buying here, and I'm going to answer those as well - along with the great answers you've gotten already.

However, the first thing we all need to know before we answer your questions is simple - Do you have a Buyer's Agent now, or not?

If yo do, then you really need to ask them these questions, because we are not allowed BY LAW to interfere with the relationship you have with that agent.


As to this question - this is part of what an experienced and highly-capable Buyer's Agent does for their client - I know it's what I do for mine.
... more
0 votes 12 answers Share Flag
Wed Mar 2, 2011
Jennifer Hernann answered:
Hi Mike,
It is a good idea to have a party not affiliated with the seller looking over your contract and terms. A new home is exciting but you should always have your own agent in your corner. It doesn't cost you(the buyer) anything. A builder will pay a full commission to its own sales staff or it will split it with a buyer's agent.

Jennifer Hernann
Re/Max Prestige of West Palm Beach
www.SellingPalmBeaches.com
... more
0 votes 6 answers Share Flag
Wed Mar 2, 2011
Bo Bromhal answered:
Not sure why this question didn't show up under your profile, but have just now seen it.

When you get this specific with your questions (same as the one on Weldon Ridge), then in my opinion - and Sheri Mortiz's too at least it seems - we're going to have to provide you with the Working with Agents Brochure, and "review" it with you (you can review yourself and ask questions if you prefer) and then have you sign it.

It's simply the LAW - but you shouldn't be concerned because this brochure is NOT committing to let any of us be your agent. But it provides us with enough information to proceed with this specific advice you seek.

As mentioned - Sheri Moritz has provided you with the link. If you'd like me to provide it I certainly can, and further explanation of how Agency works. You can find my email in my profile or at the web reference below.
... more
0 votes 6 answers Share Flag
Mon Mar 28, 2011
Bo Bromhal answered:
If buying is what you want to do, then you can avoid the pitfalls of repairs and ownership upkeep with a condominium or certain townhomes. I would suggest meeting with an experienced Realtor to determine what you might rent, and what you might buy. Then, you can speak with a lender, and determine what home you might buy if that's the choice you make.

Generally, renting is ALWAYS going to be less expensive than buying. If that answers your question - great! But if you want to but are concerned about buying because of repairs and upkeep - those items can be readily managed.
... more
0 votes 11 answers Share Flag
Wed Feb 16, 2011
Phi Jacobs - 919-539-4304 answered:
Good morning Caprice,

Cary park, amberly all are not in the flight path . The train station is in morrisville .
0 votes 3 answers Share Flag
Fri Feb 4, 2011
David Williams answered:
Andrew -

It can be tricky sometimes lining up financing when you have investment properties - but the good news is you have a rental history on both properties and i assume fully executed leases on both properties - I have a couple of lenders that I could put you in touch with that specialize in this type of financing - shoot me an email (david@CaryRealEstate.com) and when it comes time to look for that home would love to offer a buyer consultation to you - as the broker/owner of CaryRealEstate.com I specialize in the cary area!

best of luck - David
... more
0 votes 9 answers Share Flag
Mon Jan 31, 2011
Dan Tabit answered:
Carter,
Average Price per square foot is only useful when you compare homes that are largely similar in area, size & quality. List prices being higher than selling prices can also be offset by more less expensive homes selling than more expensive.
To draw a valid conclusion you need to have an agent do a CMA of the neighborhood consisting of homes similar to the one you are most interested in.
... more
0 votes 12 answers Share Flag
Fri Jan 21, 2011
Anna M Brocco answered:
Was the bankruptcy discharged and just how bad is your credit.....consider visiting with any qualified loan officer(s), after reviewing your overall financials your loan officer can make a determination on qualification--if for whatever reason you don't yet qualify, your loan officer may offer great suggestions as to what needs to be done in order to qualify in the very near future... ... more
0 votes 3 answers Share Flag
Tue Nov 27, 2012
Tracy Santrock answered:
Great neighborhood. I'll ask my Broker in Charge that lives there.
0 votes 2 answers Share Flag
Fri Jan 25, 2013
Barrett Powell answered:
The link below will take you to all the rentals in the 27519 area that are $1,300 per month or less. A good rental history will help.
0 votes 4 answers Share Flag
1 ... 3 4 5 6 7 ...
Search Advice
Search

Followers

242