home: Top Five Secrets for Successfully Refinancing...
- 07/19/10 02:20 AM
Although interest rates remain at historical lows, this anomaly won't last forever! If you are tempted to refinance your mortgage in order to get a lower rate or a shorter term, you should know, it can be a complicated process. And not everyone is in a good position to refinance, though if you succeed, it can be well worth the effort. Why REFI? By refinancing at a lower rate you could dramatically decrease your mortgage payment. If you currently have an adjustable mortgage, refinancing could allow you to lock in a long-term low rate. This could offer you much-needed financial relief, freeing up … (1 comments)
home: Securing Your Home... What You Need To Know!
- 02/24/08 02:51 AM
Think your home is safe just because the door is locked?... Think again! Safety experts are reporting that a technique called "lock-bumping" works on more than 90 percent of homes. With the digital underworld abuzz about this new threat, safety experts say it's time to key in on safety solutions... Good deterrents include electronic security systems, large dogs and security lighting... But - the best way to defend your family and property against the growing threat of lock bumping is simply invest in better locks. Medeco and Schlage Primus locks are classic examples of more expensive more secure hardware. Please contact your local locksmith … (2 comments)
home: Housing Counsel: The Quagmire Called Square Footage
- 06/30/07 03:15 PM
Question: We are under contract to purchase a downtown condominium unit. This is a resale situation. The seller's real estate agent has represented the unit to contain 860 square feet. However, when my wife and I physically measured the apartment, we can only come up with 830 square feet. Is there a formal method of making these measurements? Obviously, we do not want to pay for more than we are actually getting. Answer: There is an old expression that when there are two lawyers, there will be three opinions. In real estate, when you are trying to analyze square footage, you … (1 comments)
home: Strategies, Not Plans, May Slash Mortgage Interest Costs
- 05/16/07 08:55 AM
It's strategies, not plans, that create progress in life and in real estate. The mix of sudden shifts and long time frames associated with real estate can turn the best laid plans into "if only I'd" regrets. On the other hand, successful strategies incorporate flexibility into decision making because results matter every time. Mortgages are one example among many where plans -- and the intentions they spawn -- may prove expensive. The longer it takes to repay the amount originally borrowed -- the principal -- the greater the total interest charge. According to a survey released this year by the federal … (0 comments)
home: Sell Your Home for More Money
- 04/11/07 01:41 AM
All sellers want to make more when they sell their home, but instead many literally throw away thousands of dollars. It's a problem that has a very basic solution. "The key to understanding how to get your house sold quickly and for top dollar is to first understand that buyers buy emotionally not intellectually," says Michael Corbett author of Ready, Set, Sold! He should know. Corbett bought his first investment home at the age of 19 after his acting career in daytime soaps provided him with a little extra cash. "I had a $10,000 check from my first soap opera when … (0 comments)
home: Slowing home sales and rising prices in North Carolina
- 12/26/06 06:51 AM
Existing-home sales in North Carolina cooled for the third straight month in November while the average home price inched higher, according to statistics provided by the North Carolina Association of Realtors (NCAR). There were 10,073 home sales recorded last month, off 4 percent from a year ago when 10,453 homes sold. However, year-to-date sales are 4 percent ahead of the same period last year. The statewide average sales price gained 1 percent to $217,615 in November from $214,718 a year ago, and was up from $213,599 in October. The coastal area recieved the brunt of the real estate slowdown where sales in November were down … (1 comments)
home: 3rd Quarter Statistics Confirm Shift in Market Trend
- 11/23/06 12:13 PM
Conditions for home buyers improved during the third quarter as existing single-family home prices in many metropolitan areas experienced corrections, and most states saw sales activity below a year ago which helped to build housing inventories, according to the latest quarterly surveys by the National Association of REALTORS. Nationally, prices for existing homes declined in August compared with the same time in 2005. Although prices dropped less than 2%, it was the first decline in 11 years. In October, the prices of 46% of the homes for sale in the Boston area had been reduced; in April, the figure was 36%. … (0 comments)
home: Places Where Americans Would Love to Live
- 11/04/06 07:12 AM
North Carolina and Virginia top the charts as places where American most want to live, while California and Florida received the top votes of foreign respondents in a recent study, the Anholt State Brands Index http://www.statebrandsindex.com/ The Index analyzes the brand strengths and weaknesses of all U.S. states. The survey polled more than 9,000 U. S. citizens and 12,000 people in 15 other countries on their attitudes and perceptions of all 50 states. Questions regarding physical aspects of each state, economic and educational opportunities, lifestyle appeal, people, and basic qualities and infrastructure were designed to give state administrators and economic development … (5 comments)
home: The Consequences of Renting versus Owning...
- 09/30/06 02:32 AM
Renting may cost seven times more annually than owning, according to a newly revised consumer education brochure from the National Association of Realtors®. The brochure, "Why rent when you can buy?" challenges certain assumptions about renting versus buying. "Housing is a good investment, and owning a home makes sense for a lot of current renters, but many would-be homeowners are reluctant to take those first steps," said 2006 NAR President Thomas M. Stevens. "Given their experience with homebuyer concerns and insight into local markets, Realtors® can counsel consumers to begin their journey toward homeownership. " The Federal Reserve Board estimates that … (0 comments)
We’re NC real estate brokers and members of “The” Pinehurst Home Team. For nearly two decades we have served the needs of buyers and sellers of single and multifamily properties and offer a friendly, consultative approach to client’s real estate and relocation endeavors. Whether visiting or considering relocation, we encourage you to visit our websites and contact us for more information about the greater Pinehurst North Carolina area and the unparalleled quality of life the area offers.
Although interest rates remain at historical lows, this anomaly won't last forever!
;)
;)
;)
