6 top reasons everyone loves living in Raleigh
Raleigh, known as the City of Oaks, is one of the best places to live for number reasons that I would like to discuss for those that are considering to move to this wonderful city. …
Steps to Selling Your House
Spending a few days or weekends on getting your home ready through prioritizing the miscellaneous projects will really make a huge difference and increase your returns when you sell. Chances are, your home already has …
Getting Your House Ready On The Day of a Showing
On the day of your showing your house just needs final but important touches. Here we list these last steps to take before leaving your house open to a private showing to make the house …
How to avoid loosing your Due Diligence and Earnest Money deposit
You spent weeks touring homes and finally at last you found the perfect one for your family. Now that there is no time to waste, you ask your real estate agent to put an offer …
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What is the difference between a Title and a Deed in North Carolina
When you are purchasing real estate, you will hear a number of terms thrown around whose definition may seem one and the same. Most people tend to assume that Warranty Deeds and Titles are the …
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How to Calculate Net Profit in Real Estate
I. Cost Basis First find the owners’ initial cost of real property by adding your purchase price and allowable closing expenses as follows: COST BASIS = PURCHASE PRICE + ALLOWABLE CLOSING EXPENSES II. Adjusted Basis …
Home Value Comparables Market Analysis Report
Triangle Compass offers free Home Value Comps Report prepared by a licensed North Carolina Real Estate Agent. “Comps” is short for Comparables which are homes sold in the surrounding area that can be compared to …
Income Capitalization Appraisal Method
Income Capitalization appraisal also known as income approach assumes that the income derived from a property will control the value of that property. The income approach is used to estimate market value of commercial income …
How can I get my Due Diligence Money back?
The Due Diligence money is for the seller to keep whether you decide to go with the purchase or if you back out as long as the seller doesn’t breach the contract. In North Carolina …
Steps to Buying Your First House
1. Are you ready to buy? No big down payment, no maintenance or repair costs, no downside to potentially lowered home values, lower utility and insurance costs and the freedom to pick up and move …
Working with Real Estate Agents
In every real estate transaction whether it is residential or commercial, the broker must review the four available agency relationships with a prospective buyer or seller no later than first substantial contact. A broker can …
30 types of homes you should never buy before you read this article.
In North Carolina and in most other states the buyer has an option to have professional inspections performed on a house during the due diligence period before making the final decision on whether to proceed …
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6 Quick Tips on Finding a New Home in Hot Market
1. Get ready to make an offer When the homes sell faster than they come on a market there is no time for delay or mistakes. Mistakes can cost you that house you have been …
How to pick the best realtor?
I. Where do you start? As your grandma would say “people come in all shapes and sizes and different backgrounds”, and the same applies to folks in all professions including the realtors. Picking the right …
What are Standard Realtor Fees?
I. How much do you pay for a realtor? How much you spend on a realtor depends on whether you are buying or selling a house. If you are looking to buy then realtor fees …