1. When Buying Real Estate in Holly Springs – Earnest money vs. due diligence money, What is the Difference?

    What is Due Diligence money Due diligence money is "non refundable" money provided directly to the seller(s) of a property, which, in essence, provides money to a seller upfront during the due diligence period.  It is during the due diligence period that the buyers may conduct any and all inspectio…Read More

  2. Potential Turbulence at the closing table of your home purchase or sale – Our Holly Springs Realtor Weighs In – Team Anderson Realty

    There are many things that can occur from contract to closing, but the most challenging items are those that pop up right before, or even at the closing table. Below are some possible scenarios that a Holly Springs Realtor mentions you could encounter.   Repairs not completed: Occasionally repair i…Read More

  3. Credit Score Tips Given by a Holly Springs Lendor

    Your credit score is made up of several things. I’m going to give you ideas, based upon the weighted average of how it will impact your score, of things you can do to improve your credit score.  Obviously, my hope is that you will use this information to raise your credit score and buy a house …Read More

  4. Top Holly Springs Lendor Gives Credit Score Requirements for a Mortgage

    Potential Home Buyers ask us every day, “How can I improve my credit score???”  There’s not a simple answer, because every credit history (and score attached to that history) is like a snowflake. Credit Score Requirements for a mortgage are different based upon the kind of mortgage you are l…Read More

  5. Closing Costs in North Carolina Real Estate

    I just did a quick check on one of those National Rate Quote sites that claimed to have the inside “scoop” on Closing Costs in NC.  OMG!  They said the average closing costs for a home costing $200,000 to $300,000 was $1500 to $3500, or roughly 1.18%. Then I scrolled down on the page, and they…Read More

  6. Shopping for a Mortgage Loan in North Carolina’s Real Estate Market

    Home Buyers in North Carolina often ask us questions about mortgage loans, and mortgage rates – because no one wants to pay more than they should!  Here are some practical tips on how to shop for a Mortgage Loan, that have been written based on our years of experience in the mortgage business. …Read More

  7. Low Appraisal in North Carolina’s Real Estate Market, What Happens Next?

    We get questions from Sellers and Buyers about the Process of Selling/Buying a home. During that first educational discussion – the matter of the Appraisal normally comes up. As the Lender, we are often asked, “If there’s a low Appraisal what happens next?” The answer to that question is not…Read More

  8. Holly Springs Realtor Weighs In on What to Consider when Choosing your Retirement Home!

    As the baby boomers enter retirement age, they are faced with the decision as to whether they should keep the home in which they raised their family or sell it for a "downsized" dream home. In today’s "hot" housing market, there is a low inventory of homes in the "down-sizing home" category. One o…Read More

  9. Holly Springs Real Estate has Been Going Green with Solar Panels

    If you live in a subdivision in the Holly Springs Real Estate market, you have probably had a knock at your door, at one time or another, from a "pesky" solicitor trying to sell you on the pros of installing solar panels on your home. Solar panels are devices that convert light into electricity; the…Read More

  10. Holly Springs Realtor Explains How to Save for a Home’s Down Payment in 7 Steps

    Ready to buy a home? Saving towards a down payment for a mortgage is the first major step towards purchasing a new home. Ideally, it's best to have a down payment of 20+ percent of the purchase price, which is a lot when you consider the price of a home. How can you get started on saving tens of tho…Read More