You have a lot to keep up with when it comes to buying a residential property in North Carolina, especially when buying for the first time. When you near the finish line and practically have the keys of your home in your hand, know that you cannot relax in the...
Residential Real Estate
Protecting your real estate while it is on the market
Imagine you move to another city because of a promotion or job change. You list your home with a reputable local realtor. You are confident your home is safe when shown to qualified buyers. After signing the papers, you hand the house keys over to your agent. One day...
When do I get my funds from a home sale?
When you come to the close of a well-managed residential real estate sale, there is typically only one concern left: receiving your money. However, like many other issues with these types of transactions, the exact timeline for this payment will probably depend on the...
Buying and selling property without an agent
With the rise of the internet, real estate transactions in North Carolina have gotten easier. It is now possible to arrange for a property sale or purchase without a prerequisite need to work through a real estate agent. Although a growing number of buyers and sellers...
5 reasons your real estate closing could be delayed
Whether you are the home buyer or seller, you are anxious for the closing to be as smooth and uncomplicated a process as possible. However, you should always prepare for problems to turn up. Here are five issues that could delay your much-anticipated real estate...
Do I have to pay for undiscovered home liens?
Learning all you can about a North Carolina home before you buy it is a critical stage of the real estate process. Ideally, you would learn about any liens that have been placed on the house, and with that information, consider whether to proceed with the sale and try...
Popular foreclosure program winding down
Several years ago, at the height of the economic crisis, North Carolina received federal money through the "Hardest Hit Program," a government-backed relief effort to help those in this state left in dire economic straits because of the so-called Great Recession. With...
Overview of a short sale for lenders
There is a lot of information available about how a short sale works. Much of this information is geared toward either a homeowner who is trying to avoid a foreclosure or a would-be buyer of residential real estate.The other party who has an interest in the short sale...
Representing creditors in foreclosure actions
Large banks who often make house loans to Rocky Mount, North Carolina, families foreclose on their mortgages often enough to have a streamlined process.However, the big financial institutions are not the only ones who may need to start a foreclosure. Smaller lenders...
Why am I being expected to buy title insurance?
Although title insurance is technically optional, many would-be buyers of homes in the Rocky Mount, North Carolina, area may have to fork over the money for a policy, usually at the insistence of the bank who is offering the mortgage.It is actually not always a bad...