HUD Home. Back on the Market!! 111 Sterlingdaire Drive, Cary NC
Case Number 381-848768
At $144,000 near the Heart of Cary, this home has a ton of potential!
3 Bedrooms
2 full baths
Private side patio
Open Floor Plan
Quiet Street
Close to everything Cary has to offer!
This HUD-Owned home is just waiting for your offer. HUD requires you to use a HUD-Registered agent to write and present it.
I am a HUD-Registered agent and can show it, represent you, and write up your offer. Note: Some HUD properties are reserved for Owner-Occupant, Government Agency, or Non-Profit Bids only through a period of time.
Never register on a real estate site to search for your next home.
Great deck in a lovely and private, fenced back yard.
Natural Gas heat
2 car garage.
Easy care vinyl siding
Convenient location with Daveis Drive/Davis Drive/Green Hope School Assignments.
Great Town of Cary services.
Bright Sunny Kitchen
Master Bath has separate tub and shower, and dual vanities
Private back yard and large deck
HUD Requires you to use a HUD-Registered agent to write and present your offer. I am a HUD-Registered agent and can serve you as your Buyer’s Agent and write your offer.
Call me to arrange your personal showing of this great opportunity in Cary.
Wessex offers large lots, custom homes, lush landscaping and a superb Cary location. Wessex residents enjoy easy access to RDU Airport, Downtown Raleigh, RTP, NC State University, NC State Fairgrounds, NC Museum of Art, RBC Center, Carter-Finley Stadium, and shopping and retail. Also nearby are Lake Crabtree County Park, Umstead Park, and North Cary Park, all accessible via easy access to the Town of Cary Greenways.
501 Midenhall Way, based on the award-winning John Weiland Homes Waterton floor plan, has all the features you would expect in a fine upscale home in Cary:
Hardwood floors
3 Sides Brick Exterior
Granite Countertops
2 Story Family Room
Side-loading Garage
Gorgeous Master Suite on the Main Level with vaulted ceiling
Generous Closet and Storage space on all levels
Circular Drive on an Appealing Corner Lot
Large Front Porch for Relaxing and Viewing the Neighborhood
Private and nature-filled back yard
In addition, the owners have had the home inspected and performed the repairs. They also added significant upgrades for your comfort and reliability:
Copper water supply lines replacing polybutylene
Hurd Low-E windows throughout, including the patio door, replacing builder-grade windows
Complete replacement of the HVAC systems with Lennox SEER 13 equipment, including all ductwork, electrostatic air cleaners, and humidification on the lower level.
75 gallon water heater in the Garage, with hot water circulator. Never run out of hot water
Security System
Built-in Sub-Zero freezer in the huge laundry room
505 Spencer Crest Court is a lovely home, nearly new, in Bexley at Weston, in north Cary.
505 Spencer Crest Court offers:
3252 Square Feet
5 bedrooms, including one on the main level
3 full bathrooms, all with tile
Granite tops in the kitchen and master bath
Stainless steel appliances, including gas cooktop
Hardwoods on the main level and the entire staircase
Excellent bonus room for media
Large open 2nd level loft for reading nook, school desks, etc.
Exterior is brick on four sides, with stone and fiber-cement accents
Low maintenance lot, with reclaimed water irrigation and attractive landscaping
Wonderful and convenient N Cary location
Access to points of interest is excellent, including Raleigh, NC State University, RDU Airport, NC State Museum of Art, the NC State Fairgrounds, Umstead Park, North Cary Park and Town of Cary Greenways, and Wake County Lake Crabtree Park.
505 Spencer Crest Court is located outside the RDU Air Traffic mandatory notification zones. There may be occassional air traffic, but not at a level that mandates disclosure.
This nearly new home has 4 bedrooms on a quiet culdesac, stainless steel appliances, wood flooring, low maintenance vinyl exterior, a great two car garage, 2 1/2 baths, a sunny patio, and a great floor plan flooded with light from many windows.
Built in 2009, this home is only 2 years old, affordable, and ready for a new owner to love it.
Everyone wants to see "Comps," comparable closed sales when fixing a price for a new listing.
I agree. We have to begin with the end in mind, and the "End in Mind" is a closed sale. A contract price MUST be supported by market activity, specifically recent, comparable sales that have closed.
However, a smart seller and smart listing agent will also consider "Competition." And that will include properties outside the specific neighborhood where the home to be listed for sale is located.
See, while the neighborhood activity must support the sales price for appraisal purposes, Buyers have myriad choices outside the neighborhood.
A home worth $400,000 must compete with and draw attention away from other $400,000 choices. We just cannot tell Buyers that they can only shop one neighborhood.
So, Sellers have to be competitive across a broader area, perhaps a school district, or a local geographic area in a county or town.
In Cary, and Wake County, NC, the Wake County Public School System manages all public schools at the County level. Town boundaries do not indicate school assignments, and it is not uncommon to see a neighborhood, all or part, reassigned to another school
So, parents will shop various school assignments, attempt to grasp stability in assignment, and affordable neighborhood options. To do so, they may look in a ten mile radius, or farther. That search may take them out of Cary, and into Morrisville, Apex, Raleigh or any other local municipality.
That is why it is smart to consider a wide area of competitive Active listings when pricing a home.
Comps, Competition, and Compelling Pricing, via 60 Seconds in Real Estate, Cary NC:
It just came across in an email: "$2000 Realtor Bonus on Move-in Ready Homes"
How does that benefit my Buyer clients? If I am given a financial inducement "or bribe" to drag them out to a new home neighborhood, am I taking them out because the property suits them, or because the bonus suits me?
Should they wonder about it?
Now, in North Carolina, it is required for a REALTOR® to disclose any compensation in addition to that predicted in the Buyers Agency Agreement. That disclosure must be done prior to writing an offer, and preferably when initially showing the property.
We REALTORS® even have a document to document the disclosure, Form 770.
It isn't a matter of tripping over nickels and dimes, but of additional compensation in the form of bonuses, high Buyer Agent co-broke commissions, and spiffs like Ipads, points that let me build a higher commission for multiple sales or earn a cruise, or other attractive inducements.
It all seems to present great opportunity for conflict of interest for the agent.
The cure? Bonuses and other inducements are here to stay. So, I think it is incumbent on real estate brokers to be transparent regarding their compensation, comfortable in discussing it, and willing to answer client questions regarding compensation.
A while back, I was showing homes in a Cary, NC, neighborhood to clients. We spotted a sign and called in for an impromptu appointment to see the home. We got the appointment and the lockbox code. Continue reading ‘Sometimes I get nervous. Too many keys…’ »
With over 3,000 photos posted, and over 8,000 views of photos, I have to say I really have enjoyed my first year using Flickr. I have the Flickr Pro account, that offers me unlimited monthly photo posting for only $24.95/year. A bargain, I think.
