durham homes for sale: Triangle area Foreclosure Information - 07/29/10 04:35 AM

Nationally over 1.65 million homes received foreclosure filings in the first half of 2010. This figure represents an 8% increase in filings over the same period in 2009 with California, Florida and Arizona posting the highest foreclosure totals.
Locally, the Raleigh-Cary area reported a 49% increase in foreclosures to 3,019 through the first half of 2010 while Durham showed a 3% decline to 716 in 2010.
Raleigh ranked 137th in the nation in foreclosure filings while Durham ranked 179.
If you're looking for additional info on market conditions in the Chapel Hill, Durham and Raleigh areas contact me. I can … (1 comments)

durham homes for sale: LOW CHAPEL HILL, DURHAM AND RALEIGH AREA MORTGAGE RATES AVAILABLE TO AREA HOME BUYERS. - 07/24/10 08:47 AM

 

 

It's Hot outside and the mortgage interest rates posted below continue to sizzle. Contact me to get a pre-approval and to begin your Triangle area home search...I can help.
TRIANGLE AREA MORTGAGE RATES AS OF 07-23-2010
ALL QUOTES WITH 1% ORIGINATION FEE OR LESS.
RATES VARY ACCORDING TO DOWN PAYMENT AND CREDIT SCORE
 _________________________________________________________
CONVENTIONAL 30 YEAR FIXED 4.375%
CONVENTIONAL 30 YEAR FIXED-NO ORIG 4.625%
CONVENTIONAL 15 YEAR FIXED 3.875%
JUMBO 30 YEAR FIXED 5.125%
JUMBO 5YEAR ARM 4.00%
FHA 30 YEAR FIXED 4.25%
FHA & VA 5 YEAR ARM 3.50%
VA 30 YEAR FIXED 4.50%
NC … (1 comments)

durham homes for sale: Colvard Farms Home For Sale: Custom 4 sided brick home lives like a ranch. - 07/15/10 06:52 AM
This Gorgeous custom built house is designed to live like a one story home. With much of the living space located on the first floor you'll enjoy a first floor Master Suite, 3 additional bedrooms on the main level, formal living and dining rooms, large family room and breakfast area.

 CLICK HERE: To view additional photos or to schedule an appointment to see this amazing home.
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durham homes for sale: Own or Lease? Rent VS Own. - 07/12/10 02:56 PM
I received a call today from a prospective client who called on a property that I have listed for sale. Although the property is not listed "For Rent". The prospect wanted to know if the owner would consider leasing the property for at least a 1 year term. After discussing the North Carolina Agency Disclosure I went on to have a qualifying discussion with prospect and based on the information provided asked why the prospect was not considering buying rather than renting. He answered my question by launching into a Tirade on how it's all a big lie that home ownership … (5 comments)

durham homes for sale: Durham Home Sold To First Time Homebuyers. Family Qualifies for Huge Tax Refund. - 07/12/10 02:06 PM
This Durham Home  was sold by Colin Moody to a wonderful family of first-time home buyerto Fs. The buyers closed in time to benefit from the federal home buyers credit.

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durham homes for sale: North Carolina Mortgage Interest Rates are extremely low! - 07/05/10 01:07 PM
Wondering what you can expect as far as mortgage interest rates in the Raleigh-Durham area of North Carolina? Take a look below. If you need additional info or assistance regarding the homebuying or selling process, contact me..I can help.
North Carolina Mortgage Intereste Rates* as of 7/02/10
All quotes with 1% origination fee or less                              
Rates vary according to down payment & credit score

CONVENTIONAL 30 YEAR FIXED 4.50%
CONVENTIONAL 30 YEAR FIXED-NO ORIG 4.625%
CONVENTIONAL 15 YEAR FIXED 4.00%
JUMBO 30 YEAR FIXED 5.25%
JUMBO 5YEAR ARM 4.00%
FHA 30 YEAR FIXED 4.50%
FHA & VA 5 YEAR ARM 3.50%
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durham homes for sale: "Fourth Of July", Durham and Chapel Hill North Carolina, Area Celebrations - 07/03/10 04:45 AM

Looking for fireworks on the 4th of July? See below for local events that feature Fireworks. You may also click on the links below for additional info on each event.
Durham - Saturday, Sunday and Monday. Festival For the Eno starting at 10 a.m. at West Point on the Eno city park, Durham. Music, family activities, arts and crafts, community group displays, ecology education. $15 for a single day; $35 for a three-day pass. Free for children 12 and under. West Point on the Eno, 5101 N. Roxboro Road in Durham. Parking at Durham County Stadium, 2700 N. Duke St. … (1 comments)

durham homes for sale: Beaches, Lakes. Mountains, Parks and more. - 07/02/10 06:05 AM
The month of June gave us some of the hottest days in North Carolina in recorded history. Weeks of 97+ degree days without letup turned lawns brown, and previously lush landscapes began to wilt. Fortunately, here in "The Triangle" we're located just a couple of hours drive from our North Carolina beaches and about equal drive time to the mountains. If you don't feel like driving a couple of hours to cool off, our area also features a number of recreational lakes where boating, swimming and other outdoor activities are encouraged.
This week the heatwave finally broke and we're back to enjoying beautiful temperate … (0 comments)

durham homes for sale: Home Buyers Tax Extension Fails To Pass Senate. - 06/25/10 12:11 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)

durham homes for sale: Karate Kid Remake: Worth Watching? - 06/21/10 03:48 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)

durham homes for sale: It's Officially The First Day of Summer. - 06/21/10 07:00 AM
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)

durham homes for sale: Happy Fathers Day Dad's - 06/20/10 04:45 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.
 
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durham homes for sale: Tax Credit Extension not yet final. - 06/17/10 07:41 AM

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)

durham homes for sale: Radon Gas: Invisible and potentially harmful to your health. - 06/10/10 07:58 AM
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)

durham homes for sale: Custom Built Durham NC Home in Treyburn : Sold By Colin Moody - 06/09/10 11:53 AM
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.

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durham homes for sale: Emorywood Estates and Emorywood Orchards: Two Southwest Durham neighborhoods in one. - 06/07/10 11:30 AM
 
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)

durham homes for sale: Grandale. Another desireable Southwest Durham Community. - 06/05/10 03:55 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)

durham homes for sale: Grandale Place: Convenient Southwest Durham Neighborhood. - 06/04/10 04:40 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)

durham homes for sale: Custom Built Treyburn Home- UNDER CONTRACT BY COLIN MOODY - 06/04/10 12:17 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)

durham homes for sale: Mortgage Rules Change Again.. - 05/18/10 03:15 PM

Realtors and Mortgage lenders have always advised homebuyers to refrain from applying for consumer credit once the home buying process has started, but effective June 1st 2010, new Fannie Mae rules require mortgage lenders to order a new full credit screening immediately before closing.  
The pre-closing screening insures that the homebuyer has not obtained or tried to obtain new credit that might adversely affect their debt to income ratios and their ability to repay the mortgage debt that they are about to assume. If the prescreening reveals new credit lines of any kind including auto loans, home equity lines of … (0 comments)

 
Colin Moody (HCo Properties)

Colin Moody

Durham, NC

More about me…

HCo Properties

Address: 104 S Estes Drive. Suite #103, Chapel Hill, NC, 27514

Office: (919) 400-5966

Mobile: (919) 491-0739

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


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