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Home Buying in Cary : Real Estate Advice

  • All248
  • Local Info24
  • Home Buying118
  • Home Selling10
  • Market Conditions8

Activity 117
Fri Oct 22, 2010
Kevin Olson, Jessica Laude answered:
You don't have to use anyone's lender, so don't buy that. It is your choice, and if the funds aren't available then the seller can either wait or you two can work out possibly canceling the contract. I've represented buyers in this situation before with USDA, and the alternative was incredibly worse in the long run for the buyers. My clients said "Use our funds or cancel the contract/void it." The sellers agreed to wait (they were happy to have a buyer) and it took 5 more weeks but it still closed.

Don't let anyone push you around; the money may be on hold but it is coming. USDA loans are extremely beneficial, and for buyers they are worth waiting for (in most cases, including EVERY one I've seen myself).
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0 votes 9 answers Share Flag
Wed Oct 6, 2010
Susan Crawford answered:
Hi there! The USDA loan is available now. If your lender says it's not, call or email me and I'll put you in touch with at least two different lenders that are closing USDA loans.

Good luck!
Susan Crawford
Triangle Home Crew Realty
919 491 4663
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Wed Nov 10, 2010
Tracy Santrock answered:
I have had several clients appeal to the wake county tax assessor and they have not received approval. The tax value is based on what the home was worth when it was assessed in 2008. The assesments in Wake County are done every year unlike in other states that are done every year.

I had a client in Chapel Hill this year that was appealing their tax bill and the assessor said they would look at comparables from the last four years. That puts us in the hey day in 2006 so I certainly wouldn't bank on it.

That said, the rate is tweaked every year but the tax assesor has held true to their values unless a hardship can be proved.
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0 votes 12 answers Share Flag
Mon Aug 4, 2014
Anna M Brocco answered:
For an accurate assessment consider contacting the school district directly and ask all your questions, hear all there is to hear firsthand.
0 votes 4 answers Share Flag
Tue Sep 14, 2010
Drew Ludlow answered:
Chris,

I think that the mere fact you posted this yesterday and there are no answers yet, many of us Realtors are hard-pressed to come up with any results.

Having said that, it depends upon your price point. For most price points... no. I do believe there may be one or two upscale subdivisions that may allow it, but the builder would have to be one of their approved builders. Most often in situations like these, we are dealing with Custom builders and not tract builders.

Drew Ludlow
919-303-6722
drew@drewludlow.com
www.drewludlow.com
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0 votes 3 answers Share Flag
Sat Aug 21, 2010
Anna M Brocco answered:
Keep in mind that opinions are often suggestive, and what may be good for one is not necessarily the case for another--consider a visit to the schools, ask for a tour of the facilities, speak to the principals, teachers, etc., ask all your questions and then make a determination--will your comfort level be reached. ... more
0 votes 2 answers Share Flag
Sun Apr 18, 2010
Drew Ludlow answered:
Susan,

I am happy to assist you. I am very familiar with the Cary/Raleigh area, as I have lived in both over the past 25 years. My contact information is below. Please feel free to contact me any time.

Regards,
Drew Ludlow
Cornerstone Property Group, Inc.
(919) 303-6722
www.drewludlow.com
drew@drewludlow.com
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0 votes 1 answer Share Flag
Wed May 1, 2013
Jim Laudate answered:
Hi NS,
As a long time home owner in Cary, I'm sure you will love the pace (calm), the fact that we have four seasons, Low property taxes. An outstanding Parks, Recreation and Cultural Resources system and local shopping.Panther Creek is one of the new High Schools in the County. There are around 70+ homes in the range you gave, both resale and new construction. One Neighborhood in particular is Bellemont at Cary Park. The homes there are custom built by Piccola Builders. They include mony options (upgraded cabinets, Granit counter tops, etc. as standard. The construction is exceptional. Having a buyer's agent you are comfortable with makes the process as stress free as possible. I am including my home search website as a link. You can zero in on the area you are looking, see new construction as well and homes new to the market easily. Welcome to our area, there's lots for your family to do. ... more
0 votes 7 answers Share Flag
Fri Apr 20, 2012
Mike Jaquish answered:
Take a look at Cameron Pond.
Many of the homes are closer than you will like, but there are larger lots available.
Also, the Peninsula at Amberly may be worth considering, if you like the area.

During the build process, you should work closely with the builder. A Buyer's agent may help you with details, keeping track of timeline, etc. If you are out of the area, that can be a real help.
And a good agent with a background in construction can often work as an "extra set of eyes."
You will probably buy from an on-site agent who represents the Builder only. You may consider the benefit of leveling the playing field.
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0 votes 11 answers Share Flag
Wed Mar 24, 2010
St. Peter answered:
Welcome to the Triangle!!

There's some great homes in the Cary/Apex area. There's about 3 dozen homes that might meet your needs. Here's what's active this morning in our Triangle Multiple Listing Service (TMLS)...

http://trianglemls.mlxtempo.com/Pub/EmailView.asp?r=306450963&s=TRA&t=TRA

Most of the time I see the formal living areas used as offices - there are 6 listings in this list that have them...

Happy House Hunting!
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0 votes 10 answers Share Flag
Wed Mar 24, 2010
Michael Colvin answered:
Buckise
I would suggest we take a look at all 3 together, and I can point out features of all. I like Hortons Creek, but it is a very personal choice and it is always wise to gather enough information to compare the plus and minus of all.
Michael
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0 votes 6 answers Share Flag
Wed Mar 3, 2010
Tracy Santrock answered:
Anita, there are many family oriented neigbhorhoods in Cary that are perfect to call home. That is why I love Cary! Do you have a specific price range that could help narrow your search?

http://activerain.com/blogsview/648614/Cary-NC-Real-Estate
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Fri Feb 5, 2010
Mike Jaquish answered:
Aj,
Parkway represents about 1000 acres, and the Y is in the middle.
Here is the list of PUOA neighborhoods on the PUOA site:
http://puoa.org/

There are many homes for sale in the area at less than $350,000. MacArthur Park has several neighborhoods, and is right across the street from the Y

I live in Giverny, which is about 1/2 mile from the Y. We are not members of Parkway, and have no HOA, but our homes tend to be in your price range.

Fenton Estates is worth considering.

You might also consider Olde Salem:
http://neighborhoods.mikejaquish.com/2008/03/10/cary-nc-real-estate-olde-salem-is-a-quiet-neighborhood-just-off-the-beaten-path/
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0 votes 7 answers Share Flag
Wed Feb 3, 2010
David Williams answered:
Congrats on the possible move to Cary - I've one of the rare Cary natives - it really is a great place to live!

Yes - you are correct - there are several new members of the Wake County School Board causing a stir with he possibility of reducing or doing away with some of the year round schools. Even without the new board members, each year they have the task of reassigning some students mainly due to the areas growth and the construction of new schools.

A very broad stroke answer to your question without knowing your price range and other requirements is the West side of Cary - that's were the bulk of the growth is occurring - it's the closest to the employment base of the Research Triangle Park - it's hard to go wrong with any of the schools in west cary.

The variables of price point and grade levels definitely come into play - for example a very popular neighborhood in West Cary named Highcroft has a elementary school built within the subdivision!

Again - congrats on the possible move - check out my website - i blog about the Cary real estate market and town of Cary info

- David

ps: here is a blog post I wrote a few months back regarding cary/wake county schools

http://caryrealestate.com/2009/09/15/why-cary-does-not-have-any-schools/
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0 votes 6 answers Share Flag
Thu Feb 4, 2010
Wendy Norman answered:
As a former educator in the Wake Co. system and as a Realtor, I am very familiar with the reassignment issue from both ends. I typically tell my clients to pick the house and neighborhood that feels the most like "home" and as long as kids get the support they need at home as well, schools shouldn't be the determining factor in where a family decides to purchase. Have you visited the schools that serve both neighborhoods? You can also go to www.ncreportcards.org to pull up public school test scores for each county in NC. There's probably a little more flexibility w/ custom builders in higher price ranges (over $500K)...but it depends on the situation for each particular builder and if they need that inventory to move. Have a good evening! ... more
0 votes 6 answers Share Flag
Thu Feb 4, 2010
Bo Bromhal answered:
in Cary, your best option is Dutchman Downs subdivision. It's on the south end - towards Ten Ten Rd. here's one home for sale there (see link below). There's one off Tryon Rd that's Raleigh under 400K, otherwise you're looking at 589K or more. ... more
0 votes 9 answers Share Flag
Tue Jan 5, 2010
Michael Colvin answered:
Wow
That's a tough one, both great homes, great area's convenient to the park, I live close to the park as well. I think resale will be fairly comparable in either neighborhood, depending on years of ownership.
Here is a link to everything available, are you interested in the single family or townhouse? If you email me directly I would love to work with you and weigh out the options based on your needs and pick the best neighborhood for you, there is no cost to you and usually we can help you with the builder, as far as concessions and you will have someone to represent your best interest.

http://trianglemls.mlxtempo.com/Pub/EmailView.asp?r=1966446035&s=TRA&t=TRA

There are a total of 28 homes attached
Michael
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0 votes 7 answers Share Flag
Sat Dec 26, 2009
Mike Jaquish answered:
Blue,

If you want a licensed agent to function as YOUR agent, you need to hire them to be your agent.
Otherwise, the legal default role of any agent is as a representative of the seller. You only change this when you hire them and they assume a fiduciary role for you.

Western Wake schools seem to be desirable across the board.

I like Laurel Park for being outside the RDU air traffic noise disclosure zone.
And the Apex Community Park next door is a real plus.
The proximity to Beaver Creek shopping is a plus.

Town Hall Commons or Twin Lakes are easier commutes to RTP, RDU, Durham, and have community pools.
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0 votes 3 answers Share Flag
Sun Feb 12, 2012
David Williams answered:
New Construction in Cary for a single family home (not a townhome) with 3 bedroom and bonus or 4 bedroom under $300 is a fairly tight parameter - only 8 homes match this criteria - the link I included below is a report showing the 8 homes.

One strong recommendation - consider using an agent as YOUR Buyer's agent - this will be especially helpful navigating the home buying process & alos provide you with representation as well.
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0 votes 8 answers Share Flag
Thu Nov 19, 2009
Linda Jandura answered:
As a realtor, I know many good home inspectors. My favorite is Eric Goodsell of US Inspect. He is meticulous without being a deal killer. Call US Inspect at 1-888-USInspect.

If you are workingn with a Realtor, they should have a list of people that they recommend- from attorney's to inspectors to lenders. If you need a realtor, I have a team of people that I've worked with for many years.

Hope this helps.
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