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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 inspections they would like to have…
How to manage multiple offers on your home in the Holly Springs Real Estate Market
Below are some important terms to focus on when reviewing a purchase contract for your home. The terms offered may sway your decision on which offer to choose states a Licensed North Carolina Real Estate Agent. What are the offer loan types Conventional loans usually require a higher credit score, but how much money a…
New Hill: New Hill is a fantastic area in between Apex and Holly Springs. There is more rolling topography and more scenic views than in other more urban areas, and more buyers seeking value and less traffic are gravitating to this area. Plus, being in Wake County, New Hill students attend Apex schools and hook…
Corporate and national firms used to be very popular when real estate was preformed mostly out of MLS books and advertised in newspapers and magazines. However, since the digital era of home buying has emerged, and buyers and sellers are focused on a more intimate, concierge level of service, they are leaning towards boutique real…
After you write a contract, there are some things you can do (or not do) that will make the mortgage process so much easier for your entire Homebuyer Support Team! The Home Buyer Process is not that complicated, but there are common mistakes that we see folks make. We don’t want there to be any…
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 looking for. In general, you will need…
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. You’re writing a contract…
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 as straightforward as you might think….
Every single real estate agent should advise a buyer to have a radon test conducted on their property because radon is the second leading cause of lung cancer. The test should be conducted by a local professional, and the approximate cost is $125. Radon is a colorless, odorless gas produced by decaying uranium, and it…
To Buy or to Build: That is the Question….At Least in Holly Springs, NC Real Estate Market!
As Holly Springs rapidly grows, Team Anderson Realty’s clients are constantly asking this same question: buy or build? We are here to give you the pros and cons of both options to help you decide, and, of course, we always give you our professional opinions as well. Buying Pros: • Home is “move in” ready…
