The prospect of buying and selling real estate in North Carolina can be daunting. Since it is likely to be the largest investment a buyer will make in their life, it is important to be protected. The same is true for the seller. A fundamental part of navigating these...
When buying and selling property in Rocky Mount and throughout North Carolina, there are bound to be feelings of excitement combined with trepidation at such a major financial agreement. This is true from the perspective of the selling party and the purchasing party....
For many people in Rocky Mount and throughout North Carolina, home ownership is a goal. It is a worthwhile investment because there is always a good chance that property values will increase. In addition, it allows people to carve out their own area, design it the way...
In today’s highly competitive market, North Carolina residents want to make sure they understand the ins and outs of a real estate closing so as to avoid unnecessary complications that may hold up the deal. Until all parties have signed on the bottom line, however,...
If you are thinking about buying a condo, townhome or residential unit inside a North Carolina building, there is a good chance your dream home has at least one party wall. While this barrier sounds like a great deal of fun, it may also give you some headaches down...
After you put in an offer to buy a new home, you often have to wait a few weeks for the closing date. During closing, all involved parties with the transaction receive payment and you get the keys to your house. According to a study put out by NerdWallet, buying a...
When buying a home, you will learn a lot of new vocabulary terms, such as title insurance. According to Realtor.com, title insurance protects you and your lender from future claims against the property. Your mortgage lender will usually require that you buy this...
Contingences in a real estate contract protect you as a buyer from legal obligations that might ensnare you after you buy a home. A home inspection contingency is one of these provisions. It allows you a way to leave the contract without going through with the...
Purchasing a home involves a major investment, so every decision that goes into the process deserves thoughtful consideration. In some cases, you may decide to move forward with a particular home purchase under conditional means, meaning you are willing to move...
Some homebuyers are very interested in purchasing a foreclosed property because they think it represents a better deal. Others are wary because they fear the potential difficulties involved and the condition the home may be in. If you are thinking about buying a...
