NC home buyers are fortunate to have a second option when making an offer to purchase. A couple years ago, the NC Real Estate Commission added alternative 2 to the offer to purchase contract and agreement. It provides an0ther way of making an offer that allows the buyer to walk away “for no reason or [...]
The November data is now available and November helped to close the gap on the market statistics this year versus last year. First time buyers eager to cash in on the stimulus package tax credit had a significant influence our market. November sales were dominated by homes priced under $200,000; skewing the statistics which brought down [...]
Who would have known that a community can experience bankruptcy? After reading about two separate incidences this week, I felt a blog post was in order. It is something that all buyers should consider when evaluating the strengths of the subdivision. I have known about the Parks at Meadowview, a new development adjacent to the Chapel Ridge [...]
Biomass stoves are an ecofriendly alternative to the traditional wood burner. Biomass stoves burn cleaner with less emissions than wood stoves and fireplaces. The fuel source is a pelletized organic matter from various sources such as corn, wood pulp, cherry pits and soybeans. Typically, the pellets are comprised of a by product material which adds [...]
The federal tax credit for energy efficient home improvements has expired but all homeowners who “fixed” their home this year should explore this possibility. Many projects were covered under this program. New roofs, HVAC, windows, doors and insulation are all potentially eligible. The tax credit will refund up to 30% of the cost or $1500 if [...]
HELOC loans, also referred to as home equity, have gotten a lot of sellers in trouble. Just about every short sale or foreclosure got there by borrowing all the equity; that is if they weren’t 100% financed from the start. People…you can not use your home as a savings account! There certainly are times when it [...]
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| Marie Scheuring |
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