cary nc: How many Cars fit into a 2 car garage? 60 Seconds in Real Estate Cary NC - 08/16/11 02:52 PM
Garages in Cary Homes for Sale How many cars can you fit into a 2 car garage? What makes a garage a 2 car garage?  Or a 3 car garage?
How can you tell?
The big doors on the fronts of homes for sale in Cary won't tell you.  You can get a pretty big door on a pretty small garage.
We see Cary listing agents marketing 2 car garages, or 3 car garages.  But, some garages are so tight, it is difficult to imagine parking two cars and being able to open their doors.
Or, as often done in Cary, the water heater … (9 comments)

cary nc: Termites! 60 Seconds in Real Estate - 08/11/11 06:01 AM
Termites?  In Cary NC?  Well.... Yes. One home inspection that home buyers always have performed on a Cary home is to have a licensed pest firm check for termites.  Termites are very common in the Cary area and a smart buyers agent will press the home buyer hard to have the property checked out during the due diligence period of the contract.
It is also common for a home owner to carry a termite protection contract, which usually includes a repair policy for any termite damage.  If the home seller has carried such a plan, the seller should let the listing … (5 comments)

cary nc: Evans Estates Cary NC - 08/09/11 11:42 AM
Evans Estates, Cary NC  
 
Evans Estates in Cary NC is a custom home neighborhood, built in the late 1990's through the mid-2000's, developed by George Bailey.  Located near the intersections of NW Maynard Road and Cary Parkway along the east side of Evans Road, Evans Estates' location offers residents easy access to area features, including West Cary Middle School, I-40, Raleigh, RDU Airport, SAS, and Research Triangle Park.
 
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Homes in Evans Estates  offer commonly expected features such as, modern open floor plans, 3 to 5 bedrooms, and 3 or more bathrooms, 2100--3600 square feet, plenty of … (1 comments)

cary nc: Declutter that Attic! 60 Seconds in Real Estate Cary NC - 08/05/11 02:24 AM
Cary NC Real Estate Talk Selling Your Home?  De-Clutter Your Attic! Many home sellers in Cary have embraced some degree of staging their home for sale.  Listing agents are seeing more interest in home staging, de-cluttering, and generally making the home show better. And then we get to the attic, basement, or garage.  Those areas are all too often overlooked in the staging process.  Large spaces show well when they are open. A good listing agent will counsel the home seller to clear out the collection of stuff so the home buyer and the buyers agent are impressed with spaciousness in storage.

My advice?  De-Clutter … (8 comments)

cary nc: Updates and Repairs Create less Conversation than Allowances. 60 Seconds in Real Estate - 08/02/11 03:40 AM
Listing Agent says, "Updates Trump Allowances!" When listing a home for sale, whether Home Sellers should do updates and minor repairs prior to listing or to just offer allowances for home buyers to handle updates themselves is a common question.
Update! I fall into the freshen, repair, and update camp.  Of course, that is dependent on the ability of the Home Seller to afford performing the work out of pocket prior to receiving sales proceeds.
I like to say that it is about "conversations."  Fewer defects and issues are fewer items of conversation, fewer things to talk about., whether it is … (3 comments)

cary nc: Settlement. Then Closing. Then you get the Keys to the House. 60 Seconds in Real Estate Cary NC - 07/29/11 03:21 AM
Buyers are all excited about signing documents to buy their new home.  Sellers are excited about getting the home sold.
But in North Carolina, when using the NC Association of REALTORS® Standard Offer to Purchase and Contract, the terms indicate that Buyers take possession of the home only after the deed is recorded at the courthouse.
This can be an eye-opener if the agents haven't explained the details well.  Buyer agents need to counsel their clients to plan to get keys after recording.  And it works well if the agent helps schedule settlement early enough in the day that the deed can be recorded the same day.
Listing agents … (1 comments)

cary nc: Going FSBO? Go for it, and Good Luck! 60 Seconds in Real Estate Cary NC - 07/24/11 11:55 AM
FSBO? For Sale By Owner?  FSBO in Cary NC? We are seeing more and more Cary homeowners test the real estate market with For Sale By Owner, AKA FSBO, offerings.
I think right now that approach takes some guts, as even the Cary NC real estate market is a little soft at some price points.  Hopefully, the FSBO Owner is trying to present more affordable home pricing to potential buyers.
But, I stop short of harassing For Sale By Owner sellers to convince them they are mistaken if they do not use me as their listing agent.  I assume that most people are sharp … (4 comments)

cary nc: Wake County Property Taxes and Pro-Ration at Closing. 60 Seconds in Real Estate, Cary NC - 07/21/11 11:38 PM
Real Estate Closing and Wake County NC Property Tax Details Wake County Property Tax Proration at Closing It really isn't all that complicated. The Listing Agent and Buyers Agent should be able to calculate the prorated Wake County Property Tax bill for either party in the transaction.
Seller pays property tax through Closing, the date of deed recordation.
Buyer pays the balance for the year starting from the day after closing.
Wake County Property Tax year is the Calendar year, January 1 through December 31.  Divide the tax bill by 365 days, and multiply the result, the property tax per day … (0 comments)

cary nc: Zoysia Grass! Help your Lawn beat the 100° heat in Cary NC - 07/21/11 03:55 AM
Zoysia Sod Installation Yes. We are seeing 100° in Cary, several times over the last week or so. I had Empire Zoysia sod installed last week at home.  In near 100° heat.  It is supposed to be a "warm season" turf, and I surely hope so.
Green Level Environmental Landscaping of Cary NC did a great installation, and I was impressed how the crew pressed through the heat to finish.
Why Zoysia?  It will turn brown in winter, and some folks don't care for that.  But, it also will deal with the stresses of hot weather, will spread to repair itself, … (4 comments)

cary nc: 7/18 Market Report: 60 Seconds in Real Estate, Cary NC - 07/20/11 03:16 AM
I just ran the numbers on Closed Sales in Cary for the 30 days ending Sunday, July 17.
Disregarding New Construction127 Resale Homes Closed
Average Listing Agent Days on Market were 87Average Cumulative Days on Market were 104Shortest DOM was 2 daysLongest Cumulative DOM was 713 Days.30 homes went Under Contract in 30 or fewer days.
Average Sale Price was $299,604High Sale Price was $950,000Low Sale Price was $65,000
Average Sale Price was 96.1% of the last Listing Price.
So, Sellers are getting homes Closed when they prepare them for market, price them right and hire a good listing agent.Yes, the … (2 comments)

cary nc: Expired Listing? I'm Sorry to Hear It! 60 Seconds in Real Estate, Cary NC - 07/16/11 02:13 AM
Expired Triangle MLS Listing?
If you have ever had a home on the market in Cary NC, with a Triangle MLS Listing that expired before you were able to sell your home, you probably experienced an onslaught of REALTOR® traffic, with a wide variety of professionals telling you they had the answers to your problems.
Me? I don't call folks whose listings have Expired or been Withdrawn. I figure they are deflated enough already without being pestered at dinnertime with an unsolicited phone call.
Yet, I have had some success selling homes after others were not able to. Some times it … (9 comments)

cary nc: 60 Seconds in Real Estate Cary NC: Preinspect the Home prior to Listing it For Sale - 07/05/11 04:35 PM
Prelisting Home Inspections Home Inspections Prior to Selling It is becoming more common for Sellers in Cary to have a home inspection prior to listing the house for sale.  I think that is a great trend, and a great marketing tool, particularly when all repairs are already made too.  This method allows the Seller to perform repairs with chosen contractors, and without the rush of a closing deadline.
When the Listing Agent can advertise as much, and the Buyers Agent can tell their client that the home has been inspected and repaired, it is a HUGE confidence builder for the Buyer.  The Buyers … (24 comments)

cary nc: 60 Seconds in Real Estate, Cary NC: Open Houses! - 06/30/11 03:43 PM
Open Houses, in 60 Seconds Open House?  Sure! Cary listing agents often differ strongly on whether Open Houses "work."  Well, I say, Open Houses don't work.  Listing Agents work, and using an Open House as one means to market a property to buyers and buyers agents can be very productive. It sure is better than not trying.
My pitch, in 60 Seconds in Real Estate:
 
(10 comments)

cary nc: 60 Seconds in Real Estate, Cary NC: Comparables, Competition, and Compelling Pricing - 06/27/11 03:11 AM
Comps, Competition, and Compelling Pricing Comps, Competition, and Compelling Pricing Everyone wants to see "Comps," comparable closed sales when fixing a price for a new listing.
I agree.  We have to begin with the end in mind, and the "End in Mind" is a closed sale.  A contract price MUST be supported by market activity, specifically recent, comparable sales that have closed.
However, a smart seller and smart listing agent will also consider "Competition."  And that will include properties outside the specific neighborhood where the home to be listed for sale is located. See, while the neighborhood activity must support the sales price for appraisal purposes, Buyers … (2 comments)

cary nc: 60 Seconds in Real Estate, Cary NC: Money in the Vault, and it is ON SALE! - 06/20/11 02:57 PM
I grabbed my friend and mortgage money mentor, Kevin Martini of SunTrust Mortgage, and asked him a few rapid-fire questions in the Cary NC, KELLER WILLIAMS® real estate office the other day.
Kevin is a favorite of local Buyers agents and listing agents, because he delivers.
Kevin tells me that he has a huge variety of affordable home loan programs to help folks buy, and, of course, he is tickled with current interest rates he can offer.

Note: This is a special "Extended Play, Director's Cut" version of 60 Seconds in Real Estate, Cary NC.
Bonus Features take it to … (8 comments)

cary nc: 60 Seconds in Real Estate, Cary NC: One to Buy, Two to Sell - 06/16/11 11:54 PM
60 Seconds in Real Estate, Cary NC One to Buy, Two to Sell   Often conversation with homesellers can become awkward when the topic of marriage arises, as in, "Have you been married at any time while you  have owned this home?"
When I am talking to ONE Seller, things can become quickly complicated when they say something like, "Yes, but we are separated/divorced."  Or, "I owned the house before we were married, and he/she didn't help pay for it.  He/she has nothing to say about the sale."
Well....  It depends.  In North Carolina, we are a "One to buy, Two … (8 comments)

cary nc: 60 Seconds in Real Estate, Cary NC: You CAN sell a home in this market! - 06/13/11 05:42 AM
60 Seconds in Real Estate Selling a Home in Cary NC When you hear someone say, "Nothing is selling in this market.  No one is buying homes," they are mistaken. Yes, you CAN sell a home in Cary, under the current economic circumstances.
How? Price it right. Present it well.  Clean.  Decluttered.  Staged.  Repaired.  Fresh! Promote it.  Don't keep it a secret that your home is for sale.  This is where a great listing agent, with excellent marketing skills comes in.
My thoughts in 60 Seconds in Real Estate, Cary NC version:
 
(6 comments)

cary nc: 60 Seconds in Real Estate, Cary NC: NC Association of REALTORS® Buyers Agency Agreement - 06/08/11 01:49 AM
Buyers Agency Agreement Buyers Agency Agreements?  Do you need one in North Carolina?
Yes, if you are going to work with a REALTOR® or licensed agent to represent you. It is the law.  An agent cannot represent you in a real estate transaction without a written agreement. The North Carolina Association of REALTORS® provides members with a form that describes the relationship and establishes expectations for the parties. Absent a formal agreement, the default assumption is that the agent is working for the Seller, not for the Buyer.
The Buyer agency agreement serves a valuable purpose for the Buyer.  The Buyer becomes … (10 comments)

cary nc: Business After Hours, KELLER WILLIAMS® Realty, Cary NC, June 9, 2011 - 06/07/11 09:33 AM
Under the auspices of the Cary Chamber of Commerce, the KELLER WILLIAMS« Realty Market Center #377 will host Business After Hours in the new offices at 201 Shannon Oaks Circle, Cary NC 27511.
 
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5:30--7:30 PM
Finger Food
Tasty beverages
Tour of the new office suites
And the chance to support a great cause, by buying a ticket and chance to win a shiny new IPad2 in a drawing during the event.
If you are within striking distance of Kildaire Farm Road Thursday evening, stop in. Say "Hi." Visit a while. We'd be glad to see you!

(3 comments)

cary nc: 60 Seconds in Real Estate, Cary NC - 06/01/11 04:07 PM
60 Seconds in Real Estate I was long overdue to kick off my YouTube Channel, and to work on optimizing it. So, last week I decided to dive into video blogging about real estate in Cary NC, and named my YouTube Channel "60 Seconds in Real Estate."
That name relates to my belief that most videos are painfully too long. Doing multiple takes to get to 60 seconds, or as close as possible is time-consuming. And my video editing software crapped out on Windows 7 64 bit.
So, I intend to be in the 1 minute neighborhood. Preferably LESS … (20 comments)

 
Mike Jaquish, 919-880-2769  Cary, NC, Real Estate (Realty Arts)

Mike Jaquish

919-880-2769 Cary, NC, Real Estate

Cary, NC

More about me…

Realty Arts

Address: 130 Towerview Court, Cary, NC, 27513

Mobile: (919) 880-2769

Cary, NC, blog. I'm in Cary, North Carolina, writing about Real Estate, including Cary, Raleigh, Apex, Wake County, NC, and around the USA..



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