Ask Cary Real Estate

Trulia has a question and answer section that i enjoy participating in – tonight i answered this question: My aunts home was appraised at $130,000 in Cary, NC. Is $90,000 cash a decent offer? I say it is too low. My cousin disagrees. Home is in need of updating but appraisal was $130,000. My cousin [...]

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Ask Cary Real Estate: What’s the difference between a Builders Deposit and Earnest Money? How do they effect the Home Buyer? Cary home buyers offer earnest money on a re-sale home and a builders deposit on most new construction. Here’s a quick overview of the similarities and differences between a builders deposit and earnest money.

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I’m often asked, “what happens to Cary real estate activity in December?” Does anyone really buy or sell a home during December?  There are certainly advantages to moving during the holidays – most people have extra time off & the timing can work for school changes.  Most of the time people assume that real estate [...]

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What is a Short Sale?  A Short Sale occurs when a home seller is allowed by their lender to sell the home for less than what’s owed on the mortgage. If you are a home seller you may be thinking – I like that idea – not having to payback as much as I owe [...]

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All licensed real estate agents in North Carolina represent either the buyer party, the seller party or sometimes both parties (called Dual agency).  It’s IMPORTANT for you to understand upfront who the agent you are talking with represents – the answer may surprise you. Unless you have an agreement with the agent for representation then [...]

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