Home Buyers: Test Drive The Driveway!

When home buyers in the Triangle drive to properties in a separate vehicle from me, I always tell them to park in the driveway.
“Test drive the driveway.  It is part of what you are buying.”

We don’t have mountains here in the Piedmont, but the topography certainly rolls. It is easy to find steep driveways in both Raleigh and Cary.  And that steep driveway can be a deal breaker.
A Buyer needs to know they are comfortable in the driveway, if their car scrapes bottom entering or leaving, if they have good sight lines when backing out, if that side entry garage requires a three-point turn to enter and exit or if it has adequate space for a pad that allows easy access.
The time to know is prior to going to contract on an otherwise appealing house.
As their buyers agent, I want my clients to notice before we write, before we give up a large Due Diligence Fee to get a contract.

Termites? Termite Protection Plans? We have them both. 60 Seconds in Real Estate Cary NC

Discussion of termite plans, termite inspections, and how that varies from pest services in Cary.





Termites?  In Cary NC?  Well…. Yes.

One home inspection that home buyers always have performed on a Cary home is to have a licensed pest firm check for termites.  Termites are very common in the Cary area and a smart buyers agent will press the home buyer hard to have the property checked out during the due diligence period of the contract.

It is also common for a home owner to carry a termite protection contract, which usually includes a repair policy for any termite damage.  If the home seller has carried such a plan, the seller should let the listing agent know, and that becomes a selling point in the listing.  If the plan is transferable, it is even more affordable and valuable to the home buyer.

Some folks confuse a termite plan with quarterly pest service.  Those are two very different services, even though they are offered by nearly all pest and termite control firms in the Triangle area.

 


Cary NC Closed Sales 7/17/11, 60 Seconds in Real Estate, Cary NC

Closed Existing Home Sales in Cary NC through 7/17/11

I just ran the numbers on Closed Sales in Cary for the 30 days ending Sunday, July 17.

Disregarding New Construction
127 Resale Homes Closed

Average Listing Agent Days on Market were 87
Average Cumulative Days on Market were 104
Shortest DOM was 2 days
Longest Cumulative DOM was 713 Days.
30 homes went Under Contract in 30 or fewer days.

Average Sale Price was $299,604
High Sale Price was $950,000
Low Sale Price was $65,000

Average Sale Price was 96.1% of the last Listing Price.

So, Sellers are getting homes Closed when they prepare them for market, price them right and hire a good listing agent.
Yes, the Cary NC real estate market is soft, but it works when aggressive Sellers put their best foot forward.

NC Real estate contracts: If it ain’t in writing, you ain’t got it!

I first heard that one a long time ago.  Breaking things down into writing reduces disagreement. Continue reading “NC Real estate contracts: If it ain’t in writing, you ain’t got it!”