Home buyers wonder if there are neighborhoods in the Cary area that come closest to ticking off the boxes in their “Wants and Needs List.”
Using a selection of neighborhoods, and the features and amenities commonly available, we have produced No Hassle Neighborhood QuizNo Hassle Neighborhood Quiz.
You will answer 10 questions about location, features, neighborhood amenities, house styles, schools, etc, and we will email you a report.
The report includes a few neighborhoods, each graded as to how well they fit your quiz input.
Yes, we need your email address to send you the report.
No Hassle style. That is, we don’t hassle you, don’t put you on a spam email marketing list, don’t pester you routinely.
If you want more information, complete the quiz, and click the “More Info” button, or just Contact Me.
Anyone looking at a resale house wants to know how old the heating equipment is.
And it seems to be a state secret.
I looked at a water heater today, and after going all over the data plate, all I know is that it apparently meets ANSI standards from 1994.
It is in a home built in 2002. That “1994” is not much help, as I assume they didn’t put an eight year old water heater in a new home.
Of course, the manufacture date is embedded in the serial number. And you can Google the serial number and manufacturer and generally deduce a production date.
But why so coy, fellows?
I like how Trane usually does it:
There’s your Date of Manufacture, at the top right of the data plate. MFR DATE 2/2011
No mystery. No secret.
That unit was turned out in February, 2011.
Now, when was it installed? I dunno. Maybe in March, 2011? Or, June or July? But at least we know we can be assured it isn’t a 20 year old AC unit. And, it may have replaced one.
See, that homewas built in 1969.
This update was just installed by the good folks at IDX Broker. IDX Broker is my vendor for my No Hassle Property Search, and they do a great job.
A couple of weeks ago, the Triangle MLS announced that listings in “Pending” status would be released to our IDX vendors. This means that visitors to this site can see “Pending” listings, or even search specifically for “Pending” listings in my Advanced No Hassle Property Search.
You can see a property’s MLS status when you look at the Details.
At the bottom of the right column, you will see “Property Status.” That will be followed by either “Active,” “Contingent,” or “Pending.”
It has been confusing for a buyer to see properties “disappear” from search results, when we know the sale hasn’t closed yet.
Formerly, TMLS withheld Pending listings from IDX because those are homes that cannot be shown to buyers. That is the meaning of the “Pending” status. But, for the sake of transparency and clarity, the TMLS board recently decided to allow those listings to be displayed.
I think it is a little nifty benefit for people trying to search for homes.
I have a client telling me that the Fed is working against home sales by artificially holding interest rates down. That people feel like they have at least two more years to watch housing, at least until mid-2013, which is the current apparent horizon of low interest rate projections from the Fed.
He says (actually, it was his very intelligent wife whom he quoted with full admiration and attribution), “Why feel urgency to borrow now, when we are clearly told that rates are going nowhere, and prices are feeble.”
Hard to argue with. So, the Fed has drained urgency out of the housing market; the National Association of REALTORS® and REALTOR® members support that effort, and then in a disconnect, they work themselves into a lather with educational sessions and programs and seminars to learn how to “Create Buyer Urgency!” Well, I have been hearing for 5 years that rates are going to go up. And the Fed tells me I will likely hear it for a couple more years, as we witness ongoing record low mortgage rates.
And I am supposed to look like a goon and twist arms to “Create Buyer Urgency” because rates will go up?
Nope. Not me. If you are ready to buy a house, give me a call. If not, think your way through it, and I will be around when you ARE ready. No pressure. No hassle.
Maybe instead of another silly 1st time buyers boondoggle, the Fed should just give us a road map plotting how and when rates will escalate. It just might shake some money loose and get it into circulation.
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.
What is the real cost of your Home Loan? You have to consider more than just the interest rate you were quoted. Consider all the fees and charges to get the money for your new home, and you will see that the actual Annual Percentage Rate is nearly always higher than the interest rate you were quoted.
Even better, when we find that new home in Cary, let me connect you with a great mortgage professional who will explain APR in detail for you, and deliver that affordable home loan package than best fits your needs.
Until then, Calcmoolator gave me a nice free calculator to help you make an educated guess at your APR:
Calculate how much mortgage you can handle with Mike’s Mortgage Calculator.
Affordable Mortgage Calculator
I picked up this Mortgage Affordability Calculator from Calcmoolator. It is informal, but can help folks have a little fun comparing their finances to home costs, and to determine if affordable home ownership is feasible for them. Users should adjust taxes and insurance to reflect something closer to market value in Cary.
A listing agent or Seller will not accept these results as proof that a Buyer can afford a home. And a Buyers agent should not think a quick calculation like this is proof that the buyer can afford a home. The calculator is not a substitute for a prequalification session or a mortgage preapproval letter from a lender, but it can help folks gain some focus on some of the issues in home lending. Of course, if you want to step directly into working with a great mortgage banker, I always recommend Kevin Martini of SunTrust Mortgage.
This mortgage calculator, from the good folks at CalcMoolator can be a big help to you in planning your finances, and knowing what it will take to buy that Cary home. As a Buyers Agent, I see many real estate buyers who haven’t yet talked to a lender, and have no idea how affordable their home payment may be. Please note, your Wake County Property Tax and Homeowners’ Insurance premium included in the total estimated mortgage payment will vary depending on your property value and which Wake County town you are in.
Also, I expect to offer several more specialized real estate calculators on this page, so check back to see what’s new.