Dear Seller - I Know Your Home is Family Friendly But I Just Can't Say That - 06/28/10 10:21 AM
I was about to write a post regarding the Federal Fair Housing Law when I came across this info written by a fellow broker in Wake Forest. It is fun to read and explains the issues we face as Real Estate agents that prevent us from promoting or advertising area or neighborhood features that sellers believe should be marketted as benefits of purchasing their property.
Via Leesa L. Finley, REALTOR®/RE Strategist Wake Forest NC Real Estate and Area Info (Circa Properties - Your Wake Forest NC Homes Specialist):
Dear Seller - I Know Your Home is Family Friendly But I Just Can't Say … (1 comments)

Home Buyers Tax Extension Fails To Pass Senate. - 06/25/10 07:11 PM

The "Tax Extenders" bill, a proposal to extend the deadline for those qualifying home purchases that went under contract on or before April 30th failed to get enough votes to become law. This greatly reduces the likelyhood that an extension will be passed before the June 30th deadline.
Banks have not been able to close all the qualifying contracts due to a backlog of purchases waiting for underwriting approval, so this law would have extended the June 30th closing deadline to cover those buyers who met the April 30th contract deadline.
Be advised, if you're under contract and qualify under the rules of the homebuyers program, your … (1 comments)

Hot Sun In The Summertime. North Carolina Heat. - 06/24/10 05:06 PM
You know you're in the south when temperatures push into the upper 90's and the humidity makes it feel like it's 110 degrees in the shade. Temperatures here in the Chapel Hill, Durham and Raleigh have remained hot, hot, hot,  for the past few week and forecasts call for continued 95 + degree temperatures for the next week, with little relief in sight.
If you have to spend time out in the heat due to work or play. Be sure to pack plenty of water and hydrate regularly. The heat can be especially hard on the very young or the elderly, … (2 comments)

Will Your Pre-Approved Buyer Be able to Close? - 06/22/10 06:59 PM
A few weeks ago I posted the blog below about Important new rules that could severely affect buyers and sellers. Today one of our associate brokers reported that a client's credit was re-pulled a couple days before closing with the new rules that went into affect June 1st....  Just 1 little slip up caused a chain reaction that affects a heck of a lot more than just the buyers credit score!
The wife missed a $10 payment to Ann Taylor which caused her score to drop by 100 points. Since the credit score was now lower, the buyers no longer qualified for the same interest rate. Now the buyers interest … (5 comments)

Karate Kid Remake: Worth Watching? - 06/21/10 10:48 PM
I took the family out to the movies this weekend to see the new release of Karate Kid starring Jaden Smith, Jackie Chan and Taraji P. Henson.  Now I remember watching the original back in 1984 with Ralph Macchio as the karate kid and Pat Morita as Mr. Miyagi, it was a great story then and in 2010 it's still a great story as evidenced by the movies #1 status this past weekend.
Remakes of memorable movies don't always do the original justice, but I must say that I was pleasantly surprised and actually happy that I saw the movie.  Jaden … (7 comments)

It's Officially The First Day of Summer. - 06/21/10 02:00 PM
It's officially here, the first day of summer and here in the Chapel Hill, Durham and the Raleigh area of North Carolina also known as "The Triangle", we've been enjoying beach weather for a number of weeks now.  With beaches like Carolina beach, Atlantic beach and others close by, along with our famous Outer Banks within a couple hours drive, the triangle is centrally located for quick get-a-ways to local beaches for sun and fun.
Don't feel like driving a couple hours to nearby beaches? The Triangle also features area parks and lakes like Falls Lake and Jordan Lake that offer … (1 comments)

How to get rid of squeaky floors without pulling up the carpet - 06/21/10 10:39 AM
Great Tip and product to resolve squeaky floors.
Via Diane Osowiecki Greater Nashville Real Estate (Diane O and Friends - Benchmark Realty):
How to get rid of squeaky floors without pulling up the carpet.  I don't know about you, but when listing a home in addition to hiring a stager, a handyman or handyman tips are next on our list.  Recently we listed a home that had the washer/dryer upstairs.  Great convenience, but the vibration of the washer over the past 15 years caused some of the carpeted floors to squeak. As we know in today's market the last thing you need is a … (0 comments)

Dumbest Reasons Given for Not Buying a Home - 06/21/10 09:50 AM
 
Via Tina Johnson (Premier Living Properties):
by Steve Harney on June 16, 2010 · 0 comments
It is so easy to kick someone who is down. It doesn't take much effort and there is little fear of retaliation. Many people are jumping on the band wagon riding against homeownership in this country. People are pontificating on every aspect. Whether it is pricing or the more intrinsic values of owning a home doesn't seem to matter. Some believe that homeownership is bad for you and maybe even bad for the country. Are these people crazy?
A few years of a down market … (0 comments)

Iphone 4. Is the upgrade worth it? - 06/20/10 04:34 PM
I was an early adopter of the blackberry smartphone and back in 2001 I thought it was one of the best productivity devices I'd ever owned. It exceeded my expectations in almost every way. The dark blue plastic skin wasn't pretty, but the ability to receive and respond to emails on the go and have my phone book, calendar, and to-do list in my belt holster on one device, coupled with the amazing battery life, freed me up to get out of the office,  and allowed me to be more responsive to my clients and capture and respond quickly to buyer … (2 comments)

Happy Fathers Day Dad's - 06/20/10 11:45 AM
Happy Fathers day to all my Active Rain, Facebook and Twitter friends and family all over the world. I've been blessed to be the father of two wonderful son's and along with my biological children my wife and I are foster parents to two additional boys, with the oldest who is now 16 having been a part of our family for over 5 years. It's wonderful to see your kid's grow and develope their character, personality, drive and ambitions.
Happy Fathers day dads.
Here's one of the cards I received from my son Brandon the sixteen year old.
 
(5 comments)

Tax Credit Extension not yet final. - 06/17/10 02:41 PM

The rumor mill has been extremely active regarding the possible extension of the federal home buyer tax credits. Congress is considereing extending the deadline beyond June 30th due to a backlog of purchases waiting underwriting approval but although progress towards a final version of the "tax extenders" legislation has been made. But it's not done yet.
The Senate has passed an amendment to the "tax extenders" legislation that includes the extension of the June 30 deadline for tax credit closings to September 30.  So the amendment is now in the bill. However the Senate must still pass that bill and the … (1 comments)

Radon Gas: Invisible and potentially harmful to your health. - 06/10/10 02:58 PM
Radon gas can be found all over the country and is all around us. It is invisible and odorless and comes from the natural (radioactive) breakdown of uranium in soil, rock and water. Radon gets into the air you breathe and can get into any type of building including homes, offices, or schools - and when allowed to accumulate can result in a high indoor radon level. Families are most likely to get their greatest exposure at home, where most of their time is spent.
Why should Radon accumulation be concerning? Radon is believed to cause many thousands of deaths each … (5 comments)

Custom Built Durham NC Home in Treyburn : Sold By Colin Moody - 06/09/10 06:53 PM
This Custom Built single family home in the Golf and Country club community of Treyburn in North Durham has been sold. If you're interested in learning more about this community and the properties being offered for sale in this wonderful neighborhood. Or If you're an owner interested in selling your Treyburn homeContact me. I can help.

(1 comments)

Important Mortgage Information: Changing Rules may affect buyers and sellers. - 06/08/10 05:25 PM
This year the real estate industry especially the Mortgage business has experienced an overwhelming amount of increased regulation, enforcement, consolidation and major changes. These changes have often contributed to confusion among buyers, sellers and industry professionals as we attempt to keep pace with the almost daily changes, and interpret and implement new regulations.
Guidelines affecting "Good Faith Estimates", "Condo Project Approvals", "APR", and "Truth In Lending" rules have stalled closings and in some cases caused cancellations of transactions.
Effective June 1, 2010 Fannie Mae has issued lender mandates that if not properly managed could have far reaching effects on buyers, sellers and our … (0 comments)

Emorywood Estates and Emorywood Orchards: Two Southwest Durham neighborhoods in one. - 06/07/10 06:30 PM
 
Emorywood Estates and Emorywood Orchards subdivisions located in Southwest Durham just off of Riddle Road are two neighborhoods in one. The Estates section began construction beginning in the late 60's with some homes built as late as the mid 90's. The Orchards section broke ground in late 2007 and continues through 2010. Architectural styles are varied in the Estates section with lot sizes typically close to 1/2 an acre or more while the Orchards section has a more uniform feel with homes on smaller lots of .15 acres to .33 acres. The American Tobacco Trail runs right past the front … (2 comments)

Grandale. Another desireable Southwest Durham Community. - 06/05/10 10:55 PM

Located in Southwest Durham and sandwiched between the neighboring communities of Lyons Farms, Fairfield  and Grandale Place, The Grandale subdivision features a grand main entrance, clubhouse, community pool and playground, undeveloped green spaces and a pleasant rolling landscape that is fun to explore. Developed by Centex Homes now Pulte Homes, residences start in the $280's -$600's with a number of different elevations, floor plans and architectural  variations.
The Subdivision is conveniently located close to I-40, Research Tringle Park(RTP), UNC, Duke, NCCU and major shopping centers like Southpoint Mall.
Below are photos of the front entrance, clubhouse, pool and a few … (0 comments)

Grandale Place: Convenient Southwest Durham Neighborhood. - 06/04/10 11:40 PM

Grandale Place is a community of approximately 120 homes located in Southwest Durham in close proximity to Southpoint Mall, Research Triangle Park, Duke University and Duke Hospital, and the University of North Carolina and Hospital system. The community was developed by Centex Homes beginning in 2000 and completed in late 2004. Homes range in price from the high $230's to the mid 400's depending on upgrades, lot size and type, and square footage.
Below are photos of the neighborhood playground and a sampling of the types of homes that you'll find in the Grandale Place Community.
If you're interested in … (0 comments)

Custom Built Treyburn Home- UNDER CONTRACT BY COLIN MOODY - 06/04/10 07:17 PM
Custom Built North Durham Home For Sale
$374,900 5   Hunters Green CourtDurham, NC 27712
 
 
 
FEATURES:
New Construction: No Inside City Limits: No MLS Area: 127BFireplace: One Parking: 2-car garage, Attached, Concrete, Entry-sideAssociation Fees: $490  Annually Acreage: 0.75Lot Dimensions: 75x206x50x202x196Exterior Siding: Cedar, StoneFlooring: Hardwood, Carpet, Ceramic bath, TileInterior Features: 10 foot ceilings, Attic Skutl, Shower, Bookshelves, Cable TV available, Ceiling fan, Central vacuum, Ceramic bath wall, Screened Fireplace, Granite counter tops, Security system, Skylight, Smoke alarm, Tub/separate shower, Walk-in closet, Window treatmentsExterior Features: Deck, Deck, Ins. Window, Landscaped, Porch, Sprinkler System, Swimming Pool/Private Com., Tennis Court/Private Com., … (0 comments)

Safety and Security While Protecting Triangle Area Listings. - 06/01/10 11:16 AM
This week one of our brokers received a call from someone claiming to be the owner of one of our listings and said they were locked out of their house and needed the combination to the lockbox in order to get in.  When the agent told them that she couldn't give them the lockbox combination due to TMLS rules, they were very polite and said they understood, but were really in a bind and needed to get to work.  The agent offered to come and let them in and they agreed and thanked her.   The agent then went to the file … (0 comments)

 
Real_estate_004

Colin Moody

Chapel Hill, NC

More about me…

Fonville Morisey Realty

Address: 1520 E. Franklin Street, Chapel Hill, NC, 27514

Office Phone: (919) 491-0739

Cell Phone: (919) 491-0739

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Real Estate Blog that discusses housing market in the Raleigh, Durham, Chapel Hill area of North Carolina


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