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The first time home buyer rush is on but I'm seeing an interesting trend already.  We still have several weeks to find homes and make the cutoff for the $8000 tax credit deadline by November 30th. 

BUT…What if you can't find a home you like??      

sold home, house sold, tag, raleigh homes sold, first time buyer in raleigh, tax credit deadline

If you’re thinking it’s a buyers market, you’re right and wrong all in the same thought.  Yes, there are tons of homes available but they may not meet your criteria.  The homes that are available might be distressed or short sales.  Those are going to be a tight squeeze to close by November 30th.

I have some buyers looking under $125,000 in multiple areas of Raleigh, Knightdale, Wake Forest and Eastern Wake County but there aren’t many homes available.  If a nice home in good condition hits the market…it’s gone in a few days!   Buyers need to move quickly and have a Realtor/Agent who is accessible to set appointments on short notice.  Customer Service is more important than ever.  Deadlines need to be met and contracts need to be clean.

Mortgage lenders have new guidelines and disclosure rules have changed the days of a QUICK closing into a 30-45 day time line.

 

So, if you’re thinking about buying and earning yourself some extra cash…get off the fence!  It’s time to act and do it fast!  Someone else just saw the home you may want to buy… 

home buyer sitting on the fence, jump off the fence, man on fence

Over $45 million in sales and counting.  Buy, Sell or Invest with the best.

Happy House Hunting!

 

 

 

 

 

 
This post has been included in North Carolina Real Estate News Wake County, NC Real Estate News
Post is included in group: North Carolina Real Estate

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Erica Crowell

Wake Forest, NC

More about me…

eRealty Inc.

Address: Raleigh, NC, 27624

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Thinking about moving into the Raleigh, Durham, NC area... Educate yourself before you jump into a move...it can save you $$$ This savvy Realtor chick is here to tell it like it is! I cover Raleigh, Durham, Wake County, Cary, Morrisville and the greater Triangle, NC areas.


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