Team Jodi Real Estate Specialists Chapel Hill and Durham, NC Luxury Homes, Short Sales and More

New Team Jodi Listing in Southern Village

Mon, 02 Nov 2009 18:25:14 -0600

Team Jodi has just listed a gracious Charleston Style home in Chapel Hill's Southern Village. This home is lovely in every detail and it is very convienently located in the neighborhood. It is 1.5 blocks to downtown with shops, restaurants, a movie theater, grocery store, Scroggs Elementary and Chapel Hill Day Care and it is also very close to the neighborhood pool/tennis and walking trails.

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill Real Estate and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Buyer Agency Agreements: Can They Be Terminated?

Sat, 31 Oct 2009 17:18:22 -0500

Interestingly enough, North Carolina’s Buyer Agency Agreements do not have a termination clause. I am not sure why not. In selecting a buyer agent to represent your interests, you want to make sure that you work with an agent that is a good fit and who does what she or he says they are going to do.

If a Buyer Agent is not meeting your expectations, I think it is very important to do two things. First, communication is the name of the game. Make sure you let your agent know what is not working for you. Second, give your agent a chance to correct the problem.

It is my policy to never twist someone’s arm into doing something they don’t want to do. I always let my clients know that either party can terminate an Agency agreement if it is not working. I never want this to happen so this is my way of keeping my feet to the fire.

My recommendation is to discuss with any agent you are interviewing or working with what their policy is on whether or not a Buyer Agency Agreement can be terminated. My answer is yes you can, it all comes down, however, to how you do it.

Chapel Hill Home for Sale in East Chapel Hill High School District ($175,000)

Thu, 08 Oct 2009 18:21:57 -0500

This one level home is in excellent condition with new interior & exterior paint, new carpet and more.

Enjoy the light & bright interior, the split bedroom floor plan and the wooded, fenced back yard.

Don't miss the walk-in crawl space with a workshop.

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill Real Estate and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Cash for Appliances in North Carolina

Tue, 06 Oct 2009 21:17:26 -0500

You probably know about Cash for Clunkers, the government’s stimulus program that spurred the auto industry while taking less fuel-efficient vehicles off the road. What you may not know about is a new stimulus program that affects your home and appliances.

What Is It?

It’s variously called Cash for Appliances or Cash for Refrigerators. What the program allows is for consumers, you and me, to receive rebates or economic incentives for purchasing energy star appliances—kind of like cash for old appliances. The government has funneled 300 million dollars into funding the program. Right now, North Carolina is shaping their plan to run Cash for Appliances, and will submit finalized plans to the U.S. Department of Energy on October 15. The state has $8.8 million available to fund the program, and may receive additional money from the Economic Recovery and Investment Act.

What’s the Point?

The Cash for Refrigerators program has several benefits. First, it gives the economy a boost. The hard-hit manufacturing and retail industries will get a jump-start from the sale of new appliances. At the same time, old energy-hogging appliances will go off the grid. Replacing the dinosaurs will be energy star appliances, which are far more energy-efficient and earth-friendly. Lastly, consumers will save cash. By purchasing a new heating system or washing machine, energy bills will take a nosedive. The extra cash may provide more impetus for spending—and greater economic uptick.

How Does It Work?

Rather than ditching your fridge and getting a check, the Cash for Appliances program will most likely be confined to actual cash-register purchases of state-selected appliances. Although cash for old appliances makes it sounds like a cash-reward for turning in old products, the cash reward comes in the form of a rebate. Included in the rebate program are energy star appliances like refrigerators, freezers, washing machines, furnaces, central air units, water heaters and other similar appliances. Since North Carolina wants to make cash for used appliances program as easy as possible for consumers, which means eliminating extra paperwork, and allowing it to be a simple one-step process. Details should be available sometime after the October 15 deadline for plan submittal and subsequent government approval.

When Will It Happen?

After mid-October, the government will begin reviewing state-led Cash for Appliances programs. If approved, they will receive the funding and be able to introduce the program to consumers. Some predict that the program will begin as early as December, in time for the Christmas shopping season. It is very likely that at the least, North Carolina will have the program underway by early 2010. At that time details will be available, meaning you can go to the store and start look for new appliances.

What Do You Think?

How will the program help you? What action will you take based on the program? Will this affect your decision to purchase new appliances?

New Chapel Hill Home for Sale in North Haven

Wed, 30 Sep 2009 15:05:34 -0500

This is a lovely home in Chapel Hill's North Haven Neighborhood. The home is over 2,600 sq. ft. with three bedrooms, an office and 2.5 bathrooms. It is light and bright throughout. The hardwood floors have just been refinished, there is new carpet and all new interior paint. This house is located on a cul-de-sac lot and has a large, fenced back yard. This house is an excellent buy at $395,000.

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill Real Estate and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Chapel Hill Homes for Sale: Immaculate, One Owner & Backing to Greenspace

Tue, 08 Sep 2009 21:49:26 -0500

This home is located in Chapel Hill's Northwood V Neighborhood on the north side of town. This neighborhood is minutes to I-40, 10 minutes to UNC, 15-minutes to Duke and 15-20 minutes to Research Triangle Park and RDU International Airport.

This home is priced at $464,000

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill Real Estate and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Buying a House that Needs Renovation – Look at FHA’s Rehab Loan

Wed, 19 Aug 2009 13:40:47 -0500

For all potential home owners, I wanted to let you know about a little known FHA program that allows you to purchase a home and get renovation funds at the same time. It is called the FHA 203 (k) loan program.

Under this program, an owner-occupant can borrow money for the purchase and renovation while putting as little down as 3.5%.

The program requires that the buyer use licensed contractors. Interestingly, the renovations can be for structural AND cosmetic improvements to the property.

From what I understand the application process is not easy. But, I am hearing that it is worth the time and effort. In 2008, FHA issued about 6,700 of the 203(k) loans. This year, more than 11,000 loans have already been insured. Pretty Amazing!

What is even more amazing would be combining this with the $8,000 First Time Home Buyer Tax Credit and/or the Federal Energy Efficiency Tax Credit (up to $1,500). That would be quite a package.

Click here to learn about Team Jodi

Click here to view Team Jodi's Chapel Hill Real Estate listings and Durham Homes for Sale

Click here to search homes for sale in Chapel Hill, homes for sale in Durham and the surrounding area.

Chapel Hill Real Estate: Well Maintained Home on .5 Acre Lot

Thu, 06 Aug 2009 21:41:14 -0500

Beautifully maintained home in Chapel Hill located in the Green Hills neighborhood which is contiguous with Lake Forest.

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill Real Estate and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Carrboro Home for Sale: Exceptional Transitional in Spring Valley

Thu, 23 Jul 2009 21:37:39 -0500

Exceptional transitional home in Carrboro's Spring Valley Neighborhood. This is a beautiful home with a dramatic family room with soaring ceilings, a wonderful master suite, a fantastic sunroom in Spring Valley which backs to miles of hiking and biking trails in Bolin Forest and is walking distance to downtown Carrboro, Weaver Street Market and the Farmer's Market.

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill Real Estate and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Chapel Hill Home for Sale - Fully Renovated, Chapel Hill Schools, County Taxes

Wed, 22 Jul 2009 21:58:26 -0500

Chapel Hill home for sale -- Fully renovated ranch in the Chapel Hill school district with low county taxes.

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill Real Estate and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Will the $8,000 first time home buyer tax credit be extended or even expanded?

Wed, 15 Jul 2009 00:10:13 -0500

Right now, there are 5 bills being presented in Congress which either extend or expand the current $8,000 first time home buyer tax credit which expires December 1, 2009.

The bills are:

Senate Bill S1230 - the Home Buyer Tax Credit Act of 2009 - introduced by Senator Johnny Isakson (R-GA), proposes a non-refundable tax credit up to $15,000, that can be split equally over two years, for all primary residence purchases - not just purchases by first time home buyers.

House Bill HR 2619 introduced by Representative Kenny Marchant (R-TX) proposes to extend the existing $8,000 tax credit to July 1, 2010 and add a tax credit of up to $3,000 for homeowners who refinance.

HR 2606 - the Home Buying Credit Expansion Act introduced by Representative Eddie Bernice Johnson (D-TX) proposes to remove the first-time home buyer requirement and would allow allowing all principle residence purchases to qualify for a tax credit. The bill would also extend the original bill through Jan 1, 2010.

HR 2801 - the Home Ownership Move the Economy (HOME) Act introduced by Representative Howard Coble (R-NC) is similar to S1230 discussed above but would extends the credit to Jan 1, 2011.

Finally, HR 2655 introduced by Representative Dan Burton (R-IN) would eliminate the first time home buyer requirement while extending the credit to Jan 1, 2011.

At a minimum, it looks like Congress will be having a healthy debate about whether to extend this credit and if it should be expanded. Personally, last year, I felt Congress should have enacted the proposal for the tax credit to be $15,000 and available for all home purchases. It is wonderful to provide incentives for first time home buyers but, given the state of the economy, it would be very beneficial to open the credit up ($8,000 or $15,000) to all home buyers. This could help provide a significant stimulus that the economy needs. Imagine how it would help the state of the Chapel Hill real estate market and the Durham real estate market.

I will keep you posted on new developments regarding the $8,000 home buyer tax credit.

Click here to learn more about Chapel Hill real estate, Durham real estate and Team Jodi

Click here to view Team Jodi's Chapel Hill and Durham homes for sale

Click here to Search homes for sale in Chapel Hill and Durham

Durham Real Estate Market Update

Mon, 13 Jul 2009 22:46:07 -0500

The Durham real estate market is still going strong but, like the rest of the country, our market is experiencing a great deal of change. The table below compares Durham homes for sale and the associated statistics from 2008 to 2009.

From 2008 to 2008, Durham homes for sale, otherwise referred to as new listings, decreased by 21%.
Closed sales in the Durham real estate market are off 28.6% from 2008.
While sales are down, average prices are also down 1.2%.
On average, sellers are getting slightly less than what they got last year. In other words, the list-to-sales price ratio is down to 95.5% from 96.8% in 2008.
Average days on marrket are stretching out. We are now seeing it take approximately 94 days to sell a home in Durham compared to 87 days last year.

Durham	2008	2009	Change
New Listings	3,346	3,346	-21%
Closed Sales	1,487	1,061	-28.6%
Average Sales Price	$174,113	$172,000	-1.2%
List/Sales Ratio	96.8%	95.5%	-1.3%
Avg Days on Market	87	94	+8.2%

Click here to learn more about Chapel Hill real estate and Team Jodi

Click here to view Team Jodi's Chapel Hill homes for sale

Click here to Search homes for sale in Chapel Hill

Data Source: Triangle MLS

Chapel Hill Real Estate Market Update

Mon, 13 Jul 2009 22:30:34 -0500

The Chapel Hill real estate market is still going strong but, like the rest of the country, our market is experiencing a great deal of change. The table below compares Chapel Hill homes for sale and the associated statistics from 2008 to 2009.

From 2008 to 2008, Chapel Hill homes for sale, otherwise referred to as new listings, decreased by 20.6%.
Closed sales in the Chapel Hill real estate market are off 36.6% from 2008.
While sales are down, average prices are up 5%.
On average, sellers are getting slightly less than what they got last year. In other words, the list-to-sales price ratio is down to 96.5% from 97.6% in 2008. It is important to note that prior to 2008, the average list to sales price ratio was closer to 98-to 99%.
Average days on marrket are stretching out. We are now seeing it take approximately 107 days to sell a home compared to 82 last year. In years past, this number was closer to 60 days.

Chapel Hill	2008	2009	Change
New Listings	1,337	1,061	-20.6%
Closed Sales	483	306	-36.6%
Average Sales Price	$372,912	$391409	+5%
List/Sales Ratio	97.6%	96.5%	-1.1%
Avg Days on Market	82	107	+31.2%

Click here to learn more about Chapel Hill real estate and Team Jodi

Click here to view Team Jodi's Chapel Hill homes for sale

Click here to Search homes for sale in Chapel Hill

Data Source: Triangle MLS

Well Maintained Durham Home For Sale Near Duke

Thu, 25 Jun 2009 21:11:48 -0500

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Chapel Hill Home For Sale in Desireable Lake Hogan Farms

Mon, 22 Jun 2009 15:34:50 -0500

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Contemporary Chapel Hill Home For Sale in Desireable Stoneridge on Over an Acre

Mon, 22 Jun 2009 15:31:58 -0500

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Executive Chapel Home For Sale in North Field @ Creek Wood Neighborhood

Mon, 22 Jun 2009 15:21:15 -0500

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill and Durham Homes for Sale

Click here to Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area

Team Jodi launches North Carolina Bank Owned Properties.com

Wed, 06 May 2009 15:29:37 -0500

Team Jodi launches North Carolina Bank Owned Properties.com

Receive FREE email alerts of new bank-owned properties for sale in the greater Chapel Hill, Durham and greater Triangle Area.

Find bank owned properties in Chapel Hill, Durham, Hillsborough (Orange County), Pittsboro (Chatham County), Raleigh, Cary, Apex, Wake Forest and the surrounding areas!

Click here to learn more about Team Jodi and our services

Click here to view Team Jodi's homes for sale

Click here to find homes for sale in Chapel Hill, Durham and
the surrounding Triangle NC area

10 Minutes to Chapel Hill -- Total Renovation With Heated & Cooled Studio

Tue, 21 Apr 2009 12:06:15 -0500

This home has been beautifully renovated. The house sits on a private 1.3 acre cul-de-sac lot in The Trails neighborhood which is located 5-6 miles west of Carrboro and Chapel Hill. Not only is there a really nice house on this property, there is also a 400 sq. ft. heated and cooled studio and an outdoor (covered) workshop. The house has an entirely new kitchen with lovely rich wood cabinets, granite countertops, stainless steel appliances and a tile floor. The family room has a lovely brick fireplace, a built in cabinet that can accomodate a 92" wide screen, a high-definition projection system and surround sound speakers. Both bathrooms have been beautifully updated with vanites with bowl sinks, lovely cabinets and wonderful tile. The house has new interior and exterior paint, a new roof and more. This house should not be missed.

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi and our services

Click here to view Team Jodi's homes for sale

Click here to find homes for sale in Chapel Hill, Durham and
the surrounding Triangle NC area

Carrboro Home for Sale -- Sought After Spring Valley Home

Sat, 18 Apr 2009 22:09:07 -0500

CLICK TO VIEW LISTING WEBSITE

Photo Gallery

View More Photos

Description and Features

Carrboro NC Home For Sale

Enjoy the rocking chair front porch which welcomes you as you approch this home. The family room and master bedroom are a special treat. The family room has a soaring ceiling and beautiful windows. The master has a vaulted ceiling, wonderful windows and a walk-in closet that can't be beat. All of this and a sunroom, fenced yard and a 2-car garage.

Bedrooms:	3
Bathrooms:	2
Parking Spaces:	2
Square Feet:	1834
Lot Size:	6534
Year Built:	1988
Floors:	2
MLS #:	1651039

Location

Click to view map: 116 Creekview Circle Carrboro NC 27510

Links

Click here to learn more about Team Jodi and our services

Click here to view Team Jodi's homes for sale

Click here to find homes for sale in Chapel Hill, Durham and the surrounding Triangle NC area

Carrboro Home For Sale: Lovely Carrboro Townhouse

Tue, 24 Mar 2009 11:01:08 -0500

Lovely Carrboro Townhome in pristine condition. Fresh interior paint and spacious rooms make this Carrboro townhouse stand out. It's convenient location within walking distance to Carrboro Elementary School and the Farmer's Market make it even more special.

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill and Durham homes for sale

Click here to Search Homes for sale throughout Chapel Hill, Carrboro, Durham and the surrounding Triangle NC area

Chapel Hill Home For Sale -- End Unit Townhouse In Excellent Condition

Wed, 18 Mar 2009 18:41:44 -0500

Chapel Hill Home For Sale: Stunning End Unit Towhome. Freshly painted interior, New carpet throughout, New vinyl flooring in kitchen, Refinished hardwood parquet floors. Bright & Light filled throughout. Community amenities include: Clubhouse, Tennis Courts, Basketball Courts, Swimming Pool. Convenient to UNC, Downtown Chapel Hill and Umstead Park.

CLearn more about Team Jodi

View Team Jodi's Chapel Hill and Durham homes for sale

Homes for sale in Chapel Hill, Carrboro, Durham and the Triangle NC area

Durham Public Schools Have Gone Green -- See What They Are Teaching Students

Fri, 06 Mar 2009 15:22:54 -0600

We all know that protecting our environment is critical for a healthy planet and for our future. With that in mind, the employees and students of Durham Public Schools (DPS) are fully involved in conservation efforts. Please take a moment to view this "DPS Going Green" video by clicking on the "4U" in the center of the photo, to see how the district is recycling and conserving energy, and encouraging students to develop good habits in doing so themselves!

Click here to learn more about Team Jodi

Click here to view Team Jodi's Chapel Hill and Durham Homes for Sale

Click here to Search Homes for Sale in Chapel Hill, Carrboro, Durham and the surrounding Triangle NC area

Carrboro Home For Sale -- Exceptional Contemporary in Spring Valley

Tue, 03 Mar 2009 21:23:31 -0600

Team Jodi has just listed a beautiful contemporary home in Spring Valley. This neighborhood is located in Carrboro, North Carolina. This neighborhood is highly sought after. It is close to town and it is a peaceful, wooded neighborhood that backs to Bolin Creek with miles of hiking and biking trails.

Click Here To View Virtual Tour
Powered by: ClassifiedFlyerAds.com

Click here to learn more about Team Jodi and our services

Click here to view Team Jodi's listing

Click here to Search listings throughout Chapel Hill, Carrboro, Durham and the surrounding Triangle NC area, click here.

New Listing in Durham's Hope Creek Neighborhood

Tue, 03 Mar 2009 14:47:33 -0600

Team Jodi has just listed an exceptional home in Durham's Hope Creek neighborhood. This house is picture perfect, on a cul-de-sac, and walking distance to Trinity School and minutes to Duke University. It is also a 10 minute drive to Chapel Hill or 20 minutes to Research Triangle Park. This house is aggressively priced to sell!

Click Here To View Virtual Tour

Click here to learn more about Team Jodi and our services

Click here to view Team Jodi's listing

Click here to Search listings throughout Chapel Hill, Carrboro, Durham and the surrounding Triangle NC area, click here.