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. 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…Read More

  3. 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

  4. National Real Estate offices vs. Boutique Style Firms – Find out which is right for you from a Holly Springs Realtor – Team Anderson Realty

    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…Read More

  5. Purchasing a Home – A Holly Springs Realtor Tells us the Buyer Responsibilities After Writing A Contract on a Home

    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 de…Read More

  6. 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

  7. 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

  8. 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

  9. Top Holly Springs Realtor Explains how to Winterize your Home – Team Anderson Realty

    How to Prevent Freezing Pipes   Ideally you would check the conditions of the building's plumbing, identify the pipes most vulnerable to freezing when Fall begins. Look for pipes located outside walls and windows, uninsulated pipes, and pipes installed near unheated spaces as these are the area…Read More

  10. 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