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real estate: Home Inspections: Do I Really Need One? - 11/24/09 11:44 AM
Home Inspection: Do I really need one?
Wednesday, October 28, 2009
by The Chris Baynes Team
Questions and Answers on Home Inspections
We get a lot of questions about home inspections and are they really worth several hundred dollars? I took the following from the NC Real Estate Commission's required forms and posted here for easy access to you all. This is "required" reading for anyone purchasing a home.
"For most persons, purchasing a home is the largest investment they will ever make. It is no wonder then that many homebuyers employ professionals to inspect the structural and mechanical … (2 comments)
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real estate: Home Buyer Tax Credit Expansion Approval Expected - 11/05/09 09:40 AM
By The Chris Baynes Team
Although some details are yet to be worked out, key senators reached an agreement to extend and expand the tax credit available to those purchasing a home for 7 months. Not only does the plan extend the current credit to first time home buyers, it will also be available to those "move up" buyers that have owned thier current home for at least 5 years. The amount of credit for existing homeowners will be up to $6500.00.
Income limitations will rise with both credits to $125,000 for individuals and $225,000 for couples. Contracts will have to be signed … (2 comments)
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real estate: Existing Home Sales Rise, Inventories Fall - 01/26/09 12:58 PM
Today, the National Association of Realtor's announced that the sale of existing homes increased over 6.5% while existing inventories shrank. Lawrence Yun, the chief economist for the NAR stated that home prices are falling and that "It appears some buyers are taking advantage of much lower home prices."
Now this is good news and while time will tell, this could be the beginning of the end of the trough in sales and consequently, falling values. With great interest rates, now IS the time to buy.
Check our company link and the video here: http://wilmingtonrealestatehome.com
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real estate: First Blog Post! Wilmington, NC - 01/21/09 02:35 PM
Hello and thank you for all the great information I have absorbed by reading through the posts. I look forward to being able to provide some service to the Active Rain community as well as a benefit to clients or anyone interested in the Wilmington, NC area. I have just started blogging so bear with me on my steep learning curve!
Wilmington, NC area is weathering the storm as far as real estate goes. We are like most other markets--adapting to the reduced number of sales and in most cases, seeing a downward adjustment in prices. Hopefully, we are seeing the end of this adjustment phase.
I had … (0 comments)
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Chris Baynes
Wilmington,
NC
More about me…
Coldwell Banker Sea Coast Realty
Office Phone: (910) 202-2596
Cell Phone: (910) 470-4408
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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