How Much Money Do I Really Need Upfront To Buy A House?
The number one question amongst new and returning home buyers alike is “How much money do I really need upfront to buy a house?” It is an enormous worry and source of confusion. When they speak to a lender, they hear about mortgage down payment amounts and some loan related closing costs. But what about […]
Is the Due Diligence Fee Necessary In NC?
Do I Really Need To Give A Due Diligence Fee In North Carolina? So many people relocating to North Carolina want to know if the due diligence fee is absolutely necessary in order to buy a house. This is an important question since it is non-refundable unless the seller breaches the contract. The answer is […]
Do I Have To Give A Check With My Offer?
First: no deposit checks are due at the time of submitting an offer. Almost all offers are submitted electronically in today’s world. Gone are the days of walking the offer over to the seller’s house, sitting down to a cup of coffee with the sellers and both agents in the room to negotiate the sale. […]
Can I get my deposit back?
There are two different deposits in North Carolina. So when a buyer asks if they can get their deposit back, we have to qualify which deposit they are actually talking about. (Please read my article explaining about the different deposits here.) Before we even talk about getting deposits back, let me begin by clearing up […]
7 Steps to a Seamless Move
While moving is never simple, these 7 steps serve as an action plan to get you started. 1. Gather Information: If you’re unfamiliar with your new area, start by doing some research. * Look for data on housing prices, demographics, school rankings and crime statistics.* Map out major interstates and public transit routes.* Check out local newspapers, […]
Back-up offer? I can do that?
(I get a lot of questions about this topic, and there is a lot to explain! So grab a cup of tea or whatever you like, take a comfy seat and dive in… this is a long one!) It’s always a blow to a buyer when a house that they love went under contract and […]
Does the seller have to fix everything on the inspection report?
I get this question all the time. In some states this might very well be the case, but not in North Carolina. So what can a buyer expect in NC after the inspection report comes back? Let’s begin by looking at North Carolina’s Offer To Purchase And Contract. “(d) Repair/Improvement Negotiations/Agreement: Buyer acknowledges and understands […]
Mortgage Terms – What Do They Mean?
If you’re head starts spinning and you feel a little inept when you’re presented with a bunch of mortgage terms… well, you’re not the only one, my friends. Whether you’re a first time homebuyer or it’s been a while since you’ve been in the real estate market, it’s good to have a cheat sheet to […]
Step by Step Guide To Home Ownership
First time homebuyers may get overwhelmed thinking about the home buying process… and that is understandable since this is likely the largest monetary transaction that will ever take place in their life. So in order to take some of the jitters out of the process, I wanted to provide you with a simple step by […]
Understanding Home Buying
If you have been reading my blogs, following me on instagram or on facebook, then you have heard me say time and time again that this is a HOT seller’s market. Depending on the price range of the house, a listing may come on and off the market in a matter of a few days. […]
