New Construction vs Re-Sale Friday, 14 March 2008 The Triangle-Raleigh, Durham, Chapel Hill-We have an interesting dynamic going on right now between New Construction and Resale homes. For most people it is very easy to make the decision new construction or nothing and they don’t care where it is, whereas re-sales can be anywhere and most people want to be in a specific area. But sometimes a client wants both, they want to be close to the action but they want a newer looking house with new features like 9ft ceilings, nice master baths, and large open spaces. For these clients we end up sifting through possible homes and then find the one that we can modify to meet all their needs. So what do you do if you have a tight budget? Find an agent that knows how to structure your deal so you have cash to make these modifications. Karl Zellman 919-740-2460 This e-mail address is being protected from spam bots, you need JavaScript enabled to view it   Fiduciary Responsibility Friday, 14 March 2008 Raleigh, North Carolina-Fiduciary responsibility is something that is often glossed over by the real estate agent. If the seller of the property hires an agent then who do they represent? The obvious answer is the seller. But time and time again we see transactions where the listing agent is representing both parties or they don’t represent the buyer at all. I here stories about how it can save you money if you don’t have an agent or use the seller’s agent. I am going to give you a news flash the agent on the other side is doing everything in the best interest of the seller so guess what it is probable costing you money not to have a Buyer Agent represent you. Your agent is paid by the seller (Meaning you as a buyer don’t pay a dime) to make sure you have proper representation in the transaction so why not use their services. Questions about Buyer Agents. Call Karl Zellman 919-740-2460 or email This e-mail address is being protected from spam bots, you need JavaScript enabled to view it   FHA Raises Limits Wednesday, 12 March 2008 Raleigh NC- FHA gas raised their loan limits. This will help clients with credit hits and lower credit scores get into more expensive homes. This is a direct reaction to the crumpling sub-prime market. Even though FHA requires a 3% downpayment this should help get people out of the apartment and into homeownership. Find out if you can qualify for FHA or Downpayment assistance. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it   Bad Banking Practices Thursday, 06 March 2008 As the purchase market has slowed down for Real Estate in Raleigh, NC it has exposed the less then honest mortgage bankers and brokers in the area. You know who I am talking about they sound like used car salesmen that promise the world and deliver nothing they are actually no more then modern day snake oil salesmen. They get you to sign up for one thing and then right before closing they change the terms and force you into a deal you did not sign up for. They know you will not back out because you have a moving truck out front and your dream house is only hours away from being yours. I am happy to say that almosrt everyday I hear about anouther snake oil salesmen moving on to another business. There are a ton of good brokers out there and they are getting easier to find. If you need help finding one let me know I have some that I have been working with for years. Karl Zellman 919-740-2460 This e-mail address is being protected from spam bots, you need JavaScript enabled to view it   Raleigh- A Great Place to Live Thursday, 06 March 2008 As the ACC Basketball Tournament approches I am reminded of how great a place Raleigh is to live. We have it all. If you like to travel you can get to the mountains or the beach in just a matter of a few hours and if you need to get on a plane you are no more then 40min away from an international airport. We have awsome sports and entertainment. Three top universities always offer great family entertainment and if you want some pro action we have the 2006 Stanley Cup winning Carolina Hurricanes. We have great food and you can't beat Eastern NC BBQ. I have traveled all over the country but there is only one place I would call home and that is Raleigh, NC. If you have any questions about Raleigh feel free to shoot me an email. This e-mail address is being protected from spam bots, you need JavaScript enabled to view it   True Days on Market Thursday, 06 March 2008 Raleigh NC- Days on Market is one of the best ways for buyers to find out how desperite a seller is to sell. How do you figure out the days on market? Well on this site every house listed has it's Days On Market listed on the details page. The problem with that number is it may not be the true number of days on market, there is a little trick that Realtors use to lower that number. They pull the house off the market for a very short period of time (one day) and then relist the property the next day as a new listing. The Days On Market counter goes back to zero and now all potential buyers think it is a new "Hot" listing. The only way to see the true number of days on market is to have a Buyers Agent Realtor go back and check the history of the listing. With sales slowing down this marketing technique is being used more and more so don't be fooled. Have a question about a property shoot me an email - This e-mail address is being protected from spam bots, you need JavaScript enabled to view it   Foreclosures-Raleigh/Durham North Carolina Wednesday, 05 March 2008 Foreclosures are tempting to buy but are you getting what you pay for? I have been working with distressed properties for over 10 years and they are never as good a deal as the look. Many first time buyers and investors are sucked in by the media hype of making millions in Real Estate. When all they are doing is feeding the machine with fresh sources of cash. Most experianced Real Estate Agents do not know how to properly evaluate a distressed property. They underestimate the repair cost and overestimate the value of the proeprty after the repairs are complete. TV has glamorized the process and guiding many first time investors to financial ruin. Contractors will drag out repairs, Real Esate agents suck up profits and renters destroy property. If you are thinking about getting into the game make sure you have done your homework. Remember if something looks to good to be true it probable is. Please call if you have any questions Karl Zellman 919-740-2460 This e-mail address is being protected from spam bots, you need JavaScript enabled to view it   Free Mortgage for 1 year! Wednesday, 05 March 2008 Raleigh, NC- Thes are the titles of emails I am getting from other Real Estate Agents. Free Mortgage, Car, Furniture, etc. The excess of inventory of new construction and resales is making sellers get creative. Basic law of supply and demand and right now the supply is far more then the demand. How does this effect you as a buyer and seller? Email me any questiuons you may have. Karl Zellman This e-mail address is being protected from spam bots, you need JavaScript enabled to view it   A Good Attorney Can Make all the differance Wednesday, 05 March 2008 I am a Real Estate Broker in the Raleigh Durham Market. I had been using Title companies in the past to close transactions because they were offering discounts for my clients but I have recently gone back to using a Real Estate Attorney. One major reason is that the reasons I started using the Title companies were no longer valid. First off they had started raising their prices and their customer service was starting to slip as they were working on volume business. The other thing that happened was the attorneys started getting more efficient as a result of the competition. Now for the same price as a Title Co. you can get a top level attorney. Plus if there is ever a legal question that come up you have your attoney already in place. If you need help finding a good Real Estate Attoney for Wake County, Durham County, Orange Co. or Johnston Co. give me a call. Karl Zellman -Real Estate Broker-919-740-2460   Sellers beware Wednesday, 05 March 2008 If you thought pricing was important before. Buyers are looking for weaknesses in sellers. The biggest clue is always days on market and if they have dropped their price. If you overprice your house up front and it sits for 30,60 + days and then you start dropping to get buyers you have now just invited the bargin seekers in. They will come no where near your asking price and if you have to move the property you will be forced to sell below market value. How do you protect against this? First make sure the house is ready for viewing before you start marketing. Second the first 30 are the best possible chance of you selling your house so price your house to sell. Check out the competition and price your home below them. Don't let an over enthusiastic agent talk you you into putting a big price tag on you house becuase if it sits it will cost you thousands in the end. Remember a little discount now or a big one later. If you need some help with pricing and marketing of your home in the Triangle area (Raleigh, Durham, Cary, Apex, Wake Forest, Knightdale, Morrisville, Chapel Hill) give me a ring I will let know what the market value is and what is the best way to market your property. Karl Zellman Realtor 919-740-2460 This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

More... Sellers ready to Deal! New Construction Negotiation New Construction Finance

<< Start < Prev 1 2 Next > End >>

Results 1 - 14 of 17

The Triangle's Home Buying Resource Site:
When you purchase any mobile home, whether new or used, you should be certain that you know exactly what you are purchasing.