durham real estate: LOW CHAPEL HILL, DURHAM AND RALEIGH AREA MORTGAGE RATES AVAILABLE TO AREA HOME BUYERS. - 07/24/10 03:47 PM

 

 

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 real estate: Buying a Chapel Hill, Durham or Raleigh area Home? Consider Hiring a Plumber to Check the Sewer Pipe! - 07/24/10 03:29 PM

The private sewer lateral is the part of the sewer that runs from the house to the public sewer main, which is located under the street, alley, or in an easement behind the house.
The maintenance and repair of the private sewer lateral is the responsibility of the property owner. But many owners give little thought to this system until a sewage back up occurs, usually due to a damaged or root-clogged pipe, or an offset joint. Repairing damages caused by a sewage backup can cost thousands of dollars; an expense seldom covered by homeowner's insurance policies. Local water utilities … (0 comments)

durham real estate: Colvard Farms Home For Sale: Custom 4 sided brick home lives like a ranch. - 07/15/10 01:52 PM
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.
… (0 comments)

durham real estate: Beaches, Lakes. Mountains, Parks and more. - 07/02/10 01:05 PM
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 real estate: 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)

durham real estate: 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)

durham real estate: 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)

durham real estate: 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)

durham real estate: 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)

durham real estate: 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)

durham real estate: 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)

durham real estate: 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)

durham real estate: CHAPEL HILL, DURHAM AND RALEIGH AREA INTEREST RATES STILL LOW. - 05/07/10 10:09 PM
Home Buyers who sat on the fence as the Federal Home buyers incentives expired for those not under contract by April 30th with a scheduled closing on or befor June 30th, missed an opportunity to purchase a home and enjoy up to $8.000.00 dollars in tax credits. If you've missed out on tax credit, don't miss out on the historically low rates currently available. Most financial experts and analyst agree that interest rates will rise soon. See below for current mortgage rates in the Chapel Hill, NC. area.
** RATES AS OF 05/07/2010.**

All quotes with 1% origination fee
Rates vary according … (0 comments)

durham real estate: Southwest Durham Short Sale-Grandale Place. - 04/22/10 08:55 PM
I showed this home today being offered as a short sale and located in a great Southwest Durham subdivision, Grandale Place. This home features 2,626 sq. ft. with 4 bedrooms, 2.5 baths and a bonus room. It's located in a cul-de-sac on a .33 acre lot with a list price of $235,000.

Interested in finding out more about short sales and foreclosures in the Durham, Chapel Hill and Raleigh areas. Contact me. I can help.
… (0 comments)

durham real estate: New Listing - 103B Stewart Lane, Chapel Hill, NC. 27514 - 04/13/10 04:32 PM
$205,000 103 Stewart Lane Unit BChapel Hill, NC 27514

 
New counter tops just installed.

Living Room features vaulted ceiling.
Click HERE: For additional Photos and Information:
… (0 comments)

durham real estate: Open House - 5404 Grandhaven Drive - Grandale-Southwest Durham - 04/09/10 11:03 PM
Unparalleled Grandale home! Spacious open floor plan with 2 story curved staircase & marble floor entry, Gourmet Kit w/granite counters, raised panel maple cabs, gas range, stainless steel appliances, center island, under cab lights, tile backsplash with aged iron accents. Screened porch with Bose speakers. Formal dining room, living room delimited with doubel French doors, could be study. Hardwoods, Bonus room wired for surround sound & more!  Open House - Sunday April 11th from 2-4.
$349,900 5404 Grandhaven Drive Durham, NC 27713





… (0 comments)

durham real estate: Home Warranties - Are they worth the bucks$$$ - 04/08/10 07:30 PM
There are a number of companies that offer home warranties to sellers during the listing period that are transferrable to buyers at closing for a fee, or that can be purchased for the buyer at closing.
Typically coverage can include the major systems in a home such as the HVAC system, Water Heater, Attic Exhaust Fan, plumbing systems, electrical systems and most kitchen appliances. Warranty prices range  from about $390.00 on up to $600.00 for basic coverage depending on the warranty company. There is a wide variance in price for the "basic" warranties because each company may offer different features and … (1 comments)

durham real estate: Parkwood Foreclosure - 04/02/10 07:54 PM

This delightful brick ranch is a foreclosure property that I showed this afternoon in a Southwest Durham subdivision called Parkwood. The home featured wood floors throughout, 3 bedrooms and a large fenced back yard that backs up to a community playground with swing sets, see-saws, sand boxes, jungle gym , badminton or volleyball area and a wide open field for any other outdoor activity that you desire to engage in.
This is just one example of the potential deals that could be yours in the Chapel Hill, Durham and greater Raleigh area. Are you interested in finding great foreclosure and … (0 comments)

durham real estate: Interest *Rates as of April 1st, 2010 - 04/02/10 08:18 AM

Interest Rates are trending up. Save thousands by finding your home now. Analyst believe low rates are not here to stay. 
All quotes with 1% origination fee
CONVENTIONAL 30 YEAR FIXED 5.125%
CONVENTIONAL 30 YEAR FIXED-NO ORIG 5.25%
CONVENTIONAL 5 YEAR ARM 3.625%
CONVENTIONAL 15 YEAR FIXED 4.375%
JUMBO 30 YEAR FIXED 5.50%
JUMBO 5YEAR ARM 4.50%
FHA 30 YEAR FIXED 5.0%
FHA 5 YEAR ARM 3.75%
VA 30 YEAR FIXED 5.125%
NC HOUSING BOND 4.75%
USDA (100% Conventional) 5.125%
  
Denée Mueller : 919-869-1104
www. fmlending.com/chapelhill
 
*subject to change at anytime and may differ based on down payment/credit/
occupancy/special … (1 comments)

durham real estate: Parkwood. A Quiet and Affordable Southwest Durham North Carolina Neighborhood. - 04/01/10 05:02 PM

Located just minutes from Research Triangle Park, the Parkwood subdivisions centerpiece is a large man-made lake where ducks and other local wildlife can often be found along with area neighbors enjoying the tranquil setting. Neighborhood amenities include a swimming pool, half-court basketball, ball field and a community playground located near the lake and basketball court . There are also a number of smaller area parks and play areas located throughout the neighborhood. Parkwood is ideally located within 15-20 minutes from The University of North Carolina and its Hospital system, Duke University and Hospital, North Carolina Central University, Downtown Durham, Raleigh and … (1 comments)

 
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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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