FAQ
Selling my Home
Pricing your home correctly is crucial. Our team uses a Comparative Market Analysis (CMA) to evaluate the prices of similar homes recently sold in your area, local market trends, and your property’s unique features. Our goal is to price your home competitively to attract buyers while maximizing your return.
The time it takes to sell your home depends on various factors like the local market, the price, and the condition of the property. On average, homes may take anywhere from a few weeks to a few months to sell. Our experienced team works to streamline the process and reduce market time by effectively marketing and negotiating on your behalf.
Preparing your home for sale may include decluttering, making necessary repairs, cleaning, and staging to highlight its best features. Our team can guide you through this process and recommend trusted contractors if needed. A well-prepared home can attract more buyers and result in a faster sale.
While not always required, making necessary repairs can increase your home’s appeal and value. We’ll help assess which repairs or updates may offer the highest return on investment. In some cases, selling as-is may be an option, depending on your goals and the condition of the property.
Traditionally, spring and summer are considered peak seasons for home sales due to favorable weather and school schedules. However, homes sell year-round, and the right time to sell depends on your personal situation and the current market conditions in your area. We can help you assess the local market to find the ideal timing.
Our selling process starts with an in-depth consultation to understand your goals. We’ll create a personalized marketing plan, handle professional photography, list your property on the MLS and other platforms, manage showings, and negotiate offers. From listing to closing, we’ll guide you through each step to ensure a smooth transaction.
The costs can include real estate agent compensation, closing costs, repairs (if any), staging, and attorney fees. We provide a full breakdown of potential costs upfront so there are no surprises. Our goal is to maximize your net proceeds from the sale.
Staging helps potential buyers visualize the home as their own by showcasing its best features. Homes that are professionally staged often sell faster and for a higher price. Our team can recommend staging services or offer tips to help make your home as appealing as possible.
An open house or showing gives potential buyers a chance to view your property in person. We handle all the details, including scheduling and marketing the event, to ensure maximum exposure. You will be notified of showings in advance and are encouraged to leave the property to give buyers the opportunity to explore freely.
Receiving multiple offers is a great situation, and we will guide you through comparing offers, considering factors beyond just price. We’ll look at terms like Due Diligence and Earnest Money Deposits, financing, and closing timelines to help you choose the best offer for your needs and negotiate on your behalf.
Selling a home can have tax implications, especially regarding capital gains tax. If you’ve lived in the home for two of the past five years, you may qualify for an exclusion on capital gains. We recommend consulting with a tax professional to understand your specific situation.
Buying a Home
The first step is to get pre-approved for a mortgage. This will help you determine how much you can afford and show sellers that you’re a serious buyer. Working with a local lender who understands the North Carolina market is beneficial.
Aside from the purchase price, you’ll need to account for closing costs, which typically range from 2% to 5% of the home’s purchase price. You may also need funds for a down payment, home inspection, appraisal fees, and homeowners insurance.
In NC, down payments typically range from 3% to 20% of the home’s price, depending on the type of loan you qualify for. First-time homebuyers may be eligible for programs that offer lower down payments or assistance.
North Carolina offers various programs through the NC Housing Finance Agency (NCHFA), including down payment assistance, tax credits, and affordable mortgage options. Check with your lender to see if you qualify.
Yes, North Carolina law requires a licensed attorney to be involved in the closing process to ensure the legal transfer of property and to manage title and deed paperwork.
A home inspection is a thorough evaluation of the home’s condition, including its structure, systems, and appliances. It’s highly recommended to have a licensed inspector assess the property before purchase to identify potential issues.
On average, the process from making an offer to closing can take 30 to 45 days, depending on factors like financing, inspections, and negotiations.
The due diligence period is a negotiated time frame, usually lasting a couple of weeks, during which the buyer can conduct inspections, appraisals, and finalize financing. During this period, the buyer can walk away from the deal, but any due diligence fee paid is usually non-refundable.
If the appraisal is lower than your offer, you can either negotiate with the seller to lower the price, pay the difference out of pocket, or contest the appraisal. Your lender will only provide financing up to the appraised value.
Property tax rates in North Carolina vary by county and municipality. It’s important to research the tax rate in the area you’re considering, as it can impact your monthly payments.
New National Association of Realtor® (NAR) requirements specify that a Realtor® can only show homes to clients who have signed a written agency agreement. You may choose to make that agreement for viewing a single property, or you can sign with one agent/Realtor® for your entire homebuying journey. There are advantages to working with the one agent, such as confidentiality throughout the entire process, and having an advocate on your side helping you from start to finish. We can explain this in more detail during an agent consultation.
Click on the Home link on the menu, and scroll down to the Property Management section. Click on the Online Application button to be taken to the application form.
There are two ways to navigate to the tenant portal.
1. Click on the Home link in the top menu, navigate to the Property Management section, and click on the Owners/Tenants Portal button.
2. Click on the Property Mgmt link in the top menu,
There are two ways to navigate to the Owners portal.
1. Click on the Home link in the top menu, navigate to the Property Management section, and click on the Owners/Tenants Portal button.
2. Click on the Property Mgmt link in the top menu,
Yes! Simply log into the tenant portal.
Simply log into the tenant portal, and follow the links to submit a maintenance request. You can also contact the property management team at 919-771-1112.
On the tenant portal, you will find your account ledger with information on billing, payments and your security deposit.
There is also a link for submitting and monitoring maintenance requests submitted through the portal.
Lastly, there are mechanisms for contacting the property management team.
Call our Property Management team at 919-771-1112 , and we can get you started.