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3 Facts to Know About Open Houses in the Triangle, Lake Norman, and Wilmington

As newcomers move to North Carolina, people are often eager to find the home of their dreams as soon as possible. There are several excellent ways that home buyers can utilize to find their new home, including seeking out a Flat Fee Realty NC agent, browsing potential options with one of our team, and visiting open houses.

Some people may think that open house events are outdated since the internet provides virtual tours, galleries, and more to showcase the listed home. To a certain degree this is true, but there are still benefits to attending an open house, in person, and that cannot be replicated by the internet.

Flat Fee Realty offers three important facts about open houses in the Carolinas:  

  • Open houses have many purposes: For those who are new to navigating the real estate market, it may seem like the point of an open house is to sell the featured home. In many cases that is the end goal. However, it is important to note that open houses are great for traffic and opportunity. Home seekers can connect with people in the industry and get a feel for how they conduct business.
  • Neighbors are often good resources: In theory, an open house will attract serious buyers only, but that’s not always the case. There will always be neighbors and casual walk-throughs and others with no intent to purchase. However, they usually have a wealth of knowledge pertaining to the neighborhood, schools, community, shopping and more.
  • Reality Can’t Be Retouched: Since the internet is a viable resource for home buyers, people can get a view of the house without ever being on the property. This can be great news, especially for those moving from another area or if there is no time to shop in person. Note that internet photos can be carefully shot to hide flaws or to exaggerate space from a specific angle. The benefit of attending an open house is seeing the home in person, without the magic of photoshop or filters to adjust its image.

Open houses are still useful in the real estate market today, especially for home buyers in the Triangle area who are looking to connect with the best of the best in the industry. Contact us at Flat Fee Realty to inquire about local open house events and to meet with our friendly and knowledgeable agents! Terry McDonald and his team in the Triangle, Lake Norman, and Wilmington are ready to help today!

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This post on selling and buying a home in North Carolina is brought to you by the team at Flat Fee Realty LLC and is intended for informational purposes only.

Look for our new locations in Wilmington and Lake Norman/ Charlotte

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The Future of Real Estate!

Flat Fee Realty

Triangle: 919 342 5230 

Lake Norman/ Charlotte: 704 659 3560

Wilmington: 910 225 7721

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Terry@FlatFeeNC.com

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3 Simple Home Improvements that Increase North Carolina Home Values

As the Carolinas head to Labor Day and the start of back to school, it is a great time of year for Lake Norman, the Triangle and Wilmington. it is beginning to cool down but it is still warm enough to enjoy the outdoors. September is also a great time for real estate as many local families begin considering a move to a new home. Many homeowners begin the process by considering home improvements that will attract just the right buyer.

At Flat Fee Realty, headquartered in the Triangle, we suggest keeping things simple while at the same time staying within the family budget. Many of homeowners can make a few quick changes to their home to improve the offer price.

Flat Fee Realty NC offers three simple yet effective home improvements that really positively impact the price of a home in our collective markets:  

  • Update the décor: If a room feels outdated to the homeowner, it will most likely feel that way to a potential home buyer. A home needing updates is a big reason not to buy for many house seekers. Again, keep things simple. Replace older rugs and window coverings. Paint rooms in a neutral color. Change out fixtures and add new knobs to kitchen cabinets. Determine if the flooring needs to be updated. Add some light throw pillows or wall decorations. Spending a little often brings a lot of return.
  • Clean and organize: Many North Carolina homeowners have lived in their home for a long time. There is a good chance that there will be clutter and a little disorganization. Toss unnecessary items, give away what is not needed, and store as much as possible to give the home a warm and organized feel. Decluttering is one of the main priorities. Clutter is the number one reason buyers choose another home.  
  • Improve curb appeal: This is typically one of the most cost-effective home improvement projects and a great one for fall. Does the lawn have brown spots? Work on seeding over those sections. Add fresh plants and flowers to the flower beds. Trim the bushes. Edge the lawn and have the driveway power washed. If needed, add a fresh coat of paint to the exterior of the home. There are quite a few simple upgrades for the exterior of the home, including putting fresh paint and handles on the front door, that will help home buyers feel right at home when they first pull up.

These are all really easy, cost effective projects that will help any home sell faster and get a better asking price. Looking for a first home, maybe a bigger one for the family? Call our offices in Lake Norman, Wilmington and in the Triangle to chat about the process of selling and buying a new home this fall.  Contact the Flat Fee Realty team to get started today!

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This post on selling and buying a home in Wilmington, Lake Norman, and the Triangle of North Carolina is brought to you by the team at Flat Fee Realty LLC and is intended for informational purposes only.

Please note our new locations in Wilmington and Lake Norman/ Charlotte

Find us on Instagram!

The Future of Real Estate!

Flat Fee Realty

Triangle: 919 342 5230 

Lake Norman/ Charlotte: 704 659 3560

Wilmington: 910 225 7721

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

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3 Reasons Home Closings Can Be Delayed in the Triangle

Buying a home is a major milestone for Triangle residents. However, the lengthy process of viewing listed properties, making offers, and utilizing due diligence periods is usually worth the time and effort, especially when the closing date is in sight.

There are times when the process does not go as planned and home buyers in the Raleigh, and the rest of the Triangle find stumbling blocks as they head to closing. Our expert real estate agents at Flat Fee Realty have seen last-minute surprises that that can hamper the process, but the collective expertise and guidance of each agent has worked through the setbacks.

Flat Fee Realty offers three common problems that home buyers may encounter during the closing process and how to manage them:  

  • Home appraisal issues: Transactions for buyers and sellers always include a bank appraisal of the property –they’re imperative for buyers acquiring a mortgage. The bank’s appraisal may differ from the seller’s original listing price, often due to repairs the bank requires before the loan process. The closing may be delayed if this issue arises, and having the guidance of an experience Flat Fee Realty agent can prevent this from being a surprise at the last minute.
  • Title problems: Knowledgeable and practiced agents are an asset for buyers in this regard. We are able to ensure that the buyers are acquiring a clean title and that it will not impact future financing or sales of the property; we research the title to ensure the buyers are not buying a property with liens against it.
  • Additional documentation: Mortgage lenders are scrupulous in their reviews of buyer funds. A simple pre-approval may cause buyers to assume everything is fine, and they could be, but there are numerous documents that are required to finalize the lending process. Often, lenders will look more deeply into credit and bank statements even days before closing. The request for additional documents, such as explanations for recent deposits, may delay the process. Our Flat Fee agents can help ensure buyers are prepared with all documentation that will be needed to avoid confusion and miscommunication.  

Buying a home needs to be a joyous occasion for Triangle buyers, even if it can be somewhat of a headache. There’s no need to worry about any of the hurdles of buying and closing on a home with a friendly and trustworthy agent from Flat Fee Realty assisting with the process. For the best service in Triangle real estate, contact us today!
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This post on selling and buying a home in North Carolina is brought to you by the team at Flat Fee Realty LLC and is intended for informational purposes only.

Look for our new locations coming soon in Wilmington and Lake Norman/ Charlotte

Find us on Instagram!

The Future of Real Estate!

Flat Fee Realty North Carolina

Raleigh and the Triangle: 919 342 5230

Lake Norman and Charlotte: 704 659 3560

Wilmington: 910 225 7721

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

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3 Areas of Focus to Assess Before Building a Triangle Home

Buyers in the Triangle market are eager to make a new home purchase so they can settle down and enjoy everything the local communities have to offer! But some buyers may not be finding the ‘perfect’ fit in the homes listed in the Apex, Holly Springs, and Fuquay Varina areas. Luckily, buyers have many options when it comes to purchasing a new home, and they can choose to work with builders to construct the home of their dreams.

Choosing to construct a new home affords buyers many options when it comes to design, but it also presents a few challenges. What exactly should buyers consider when they’ve made the choice to build a new home?

Flat Fee Realty recommends doing due diligence and serious homework to make sure building is the best way to go:  

  • Choose the Right Community. Buyers can always choose upgrades and redesign the plans as their new home is being built, but they can’t change the location. Take the time to do thorough research on the communities and neighborhoods so that there are no surprises once ground is broken. Also, make sure the available lots don’t have hidden faults like poor drainage or awkward underground piping that could hinder future development.
  • Research Builders. Like Flat Fee Realty, local builders are also licensed by the state and have open records concerning complaints and legal action against them. Almost every builder is reputable and does exceptional work. Yet, at times, there are those who aren’t 100% client-focused. Always check reviews and make sure the builder shares both needs and wants.
  • Have the Home Inspected. Just because the home is brand new doesn’t mean it’s perfect. Before closing, have the home inspected to make sure any potential problems are addressed before the builder’s warranty expires. This will prevent future problems and dissatisfaction down the line.

Buying an existing home with the help and support of Flat Fee Realty is an important consideration for new home buyers as well. Choosing to work with Flat Fee Realty agents can save buyers time and money, not to mention the quality care and service we specialize in providing each and every transaction. Please call us about potential neighborhoods and communities in the Triangle area.

Contact us today! 

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

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4 Important Improvements for Sellers to Increase Home Value

It’s almost May and a great time for Triangle homeowners to prepare to sell with Flat Fee Realty. The 2017 real estate market will be booming with activity in our local region as new residents steadily come to our quickly growing part of the Southeast.  

While this influx of potential buyers continually comes in, many sellers will want to ensure their homes are in their best shape, with many attractive features to appeal to an array of buyers. Luckily, this process doesn’t have to be a time consuming, or confusing ordeal for homeowners. There are several simple recommendations to help boost the value of Triangle homes before listing them!

Our experts offer four important common home improvements that Flat Fee Realty recommends for home sellers looking to increase their home’s value:  

  • Improve curb appeal: A home’s lawn and external grounds are the first thing a home buyer will see. Making minor improvements to the home’s landscaping can have a big impact on whether buyers will want to stop and take a tour. Sellers should make sure their lawns are in good shape by keeping it tidy, so trim the hedges and keep the grass cut to give the home a good first impression.
  • Update original fixtures: Many homes may still have the original builder’s fixtures in place. Buyers today want the latest upgrades and it could affect their perception of the home giving it an outdated feel. Simply update faucets or light fixtures and new knobs for cabinets; buyers will be more attracted to all the new!
  • Cut energy costs: There are many buyers in the market who value sustainable energy and like to see it practically implemented. Adding a few technical features, like a smart power strip that knows when to turn appliances and lights off at certain times, is a great way to appeal to buyers with a conservative approach to energy consumption.
  • Regular maintenance: Sellers should keep up with regular maintenance, inside and outdoors, so buyers aren’t distracted by an array of projects that might happen if they buy the property. Address dirty and worn carpets ahead of time, make sure there isn’t mold or termite damage, and adding fresh neutral paint in rooms like kitchens and dining rooms will really help. These issues are small, but important. These can sway a buyer to buy the house.

There are numerous other ideas for sellers to consider when trying to increase their home’s value before putting it on the hot Triangle market. Our experts at Flat Fee Realty are able to guide sellers in the right direction so they can make good decisions. Contact us today to see how your home’s value can increase with a few minor improvements!

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

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Contact Us

Terry@FlatFeeNC.com

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How to Save Money Home Selling in the Triangle with Flat Fee Realty

Hands holding a piggy bank and a house model. Housing industry mortgage plan and residential tax saving strategy

There are many changes happening in the Raleigh and Triangle real estate market, including an influx of interested home buyers who are eager to explore the Triangle area and enjoy Southern living! An increase in prospective home buyers means that those looking to sell their home in the Raleigh, Apex, and Holly Springs areas could be met with a deluge of buyers and real estate agents. It could be a bit overwhelming, especially for those who haven’t sold a home before and are unsure of how the process works.

That’s where our long tradition of Triangle real estate expertise at Flat Fee Realty comes in handy! We specialize in researching market trends and staying up-to-date with industry technology to provide exceptional services at a value price.

Here are three ways our Flat Fee Realty agents help homeowners in Raleigh and the Triangle save money when selling their home:  

  • Zero hidden fees: There are no hidden or surprise fees for our full-service offerings! Other real estate agencies may provide a comprehensive price at the beginning of the selling process, but then surprise sellers with extra dollars in commission or processing fees at closing. We simply don’t believe in operating that way, so our prices remain the same from listing to closing.
  • Customed packages. Not all home sellers require the exact same services, so it’s unfair to force a standard that most home buyers and sellers will not benefit from when going through the process. We think our customizable listing packages are an excellent benefit to work with our real estate experts. We have options ranging from basic to more complex packages, with each one competitively priced for comparison.
  • MLS and other tools. Many people begin looking for their dream home online, so if home sellers aren’t making their homes visible on the internet then they’re not reaching potential home buyers. Each of our listing packages for sellers includes an online listing with the Realtor’s Multiple Listing Service (MLS), which ensure home visibility and peace of mind for sellers!

Our services here at Flat Fee Realty are unmatched by any other real estate agencies in Raleigh. In addition, our agents are knowledgeable, professional, and friendly! Interested in selling a home with us? Please contact us at 919-342-5230 or request a call back here!

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

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3 Great Ways to Buy a Home in the Triangle

Hand hold house against green field

The Triangle is one of the best locations in America to settle down in and raise a family! With a thriving Downtown Raleigh, the Research Triangle Park, and the close proximity to both the North Carolina mountains and beaches, the area is growing very fast as we head more deeply into 2017. New residents living in the area are often renting; yet many are eager to find the home of their dreams and begin the buying  process.

However, the Triangle real estate market is quite competitive, and it is often a challenge to navigate the various towns and neighborhoods in search of a new home. This is especially true in the core Triangle region that includes Cary, Morrisville, Apex, Holly Springs, and Fuquay-Varina. Luckily, our seasoned real estate experts at Flat Fee Realty  offer first time buyers valuable tips in their search for a beautiful home.  

The Flat Fee Realty professionals offer these three great ways for first time buyers to be more confident as they check out new home options:  

  • Work on the credit score: There’s no set minimum score required for mortgage approval, but there are benefits to striving for the highest score possible. Typically, the higher the score, the lower the fees and monthly payments. Also, since there are many interested buyers in the market, it’s beneficial to be as competitive as possible.  
  • Stay within the budget: It’s easy for first-time home buyers to justify spending more than the budget allows. However, the financial burden in the future can be large and often overwhelming.
  • Save money: Buying a home is a great investment, but it’s expensive. Most first-time buyers under estimate the financial needs the Triangle real estate market demands; especially in the areas of closing costs, mortgage insurance, home insurance, inspection fees, and down payments. Do some important research ahead of time,and call us to get an idea of the average amount of money needed to buy a new home here in the Triangle!

Spring is the perfect time to buy in Raleigh and the surrounding areas. The real estate market may seem intimidating when unfamiliar with it, but working with one of our experts at Flat Fee Realty is the best way to have the best experience! Moving to the Triangle or from an area within the region?   Contact us today at 919 342 5230!

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

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3 Big Trends in the Triangle Home Buying Play Book for 2017

Welcome to 2017! What will the future hold for homes and real estate? As a new year begins, many Triangle homeowners are wondering what the local region will look like this year. And the professionals at Flat Fee Realty can tell everyone, and with certainty, it will be another strong year for home selling and buying in and around Raleigh.

Of course, there will be a lot of subtle changes in the Triangle and Central North Carolina real estate market this year due to the state and national election. The different directions the economy might be heading with brand new leadership in Raleigh and in Washington will be interesting.

As the “Future of Real Estate” and experts in the marketplace, Flat Fee Realty offers three major trends that could shape the market in 2017:   

  • Rising Mortgage Rates: At the end of 2016, following the election of Donald J. Trump, we saw a slight increase in home mortgage rates. While the rates in Raleigh continue to increase slowly, this trend could slightly impact the number of homes on the market and the number of home buyers looking for Triangle homes.
  • Millennial Home Buyers: The millennials are coming into home ownership in a big way and many millennials are beginning to buy local area homes around Apex, Cary, Holly Springs, and Morrisville, including the broader Raleigh area. In this still hot home market, there is a shortage of homes for sale. With more home buyers in the market, there continues to be demand for houses across the Triangle.
  • Rise of Medium Sized Cities: Companies like Fortune are forecasting an increase in home buyers choosing property in medium sized cities like Raleigh. In the Triangle area, our major metro areas like Raleigh and Durham will grow and flourish with home importance. This trend will continue to create demand in a variety of additional towns across the region as well.

Home buyers and sellers need to adjust their play books for the real estate season ahead. This is great news for the Triangle real estate market! The “coaches” at Flat Fee Realty are available to guide and support every buying and selling need.  

While the Triangle area has experienced low inventory issues over the past couple of years, shifts in the real estate market most probably could alleviate some of that concern in 2017. As the local real estate experts in the Triangle, our team at Flat Fee Realty suggests talking to one of our agents before deciding if it is indeed the right time to buy or sell a home. For a free consultation, call our team at Flat Fee Realty today to set up a Triangle real estate appointment today!   

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

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3 Important Facts of Less Concern for Triangle Home Buyers

bus-19069_960_720-public-domain-christmasThe Triangle Region of North Carolina is one of the most popular locations in America. The job opportunities, the mild temperate climate, and the beautiful locale near both beaches and mountains create the perfect place for new residents. Since many newcomers are young professionals and Millennials, most are probably first-time home buyers and unfamiliar with much of the new home buying and selling process.

Fortunately, our Triangle-based professional team at Flat Fee Realty is prepared to offer expert advice on what is takes to look for, and compare homes in the Raleigh, Morrisville, Cary, and Apex areas. This process doesn’t have to be a confusing one, and knowing what to focus on while searching for that dream home will make everything easier to understand.

Flat Fee Realty offers three important facts that home buyers should be less concerned about when searching for a new home in the Triangle:  

  • An abundance of clutter: If the holidays are a stressful time for home buyers, know it is as well for the home owners. Sometimes showings and walk-throughs will be announced with very little notice, and people may not have time to prepare everything for showing like they would want. As a buyer, simply take along some measuring tape to make sure furniture will fit, and try to ignore any clutter in closets, garages, and spare rooms.
  • Older appliances and kitchens: Some homes may not have stainless-steel appliances, or have kitchens equipped with smart technology. Although these are nice amenities, don’t let them be deal breakers. Consider designating some of the home purchase budget for appliance upgrades. Good homes can always improve with the needed amenities.
  • Outside opinions. There will be plenty of opinions given from neighbors, friends, and family members. They might not like certain aspects of the new home choice. There are only two important decision makers in the home buying process; the purchaser and Flat Fee Realty. Everything will and always has fallen into place.  

Viewing homes is the most enjoyable part of the buying process. Remember to be firm with needs and wants and keep an open mind during the process. One thing is for certain. We can find the home of your dreams.   

Contact us at Flat Fee Realty and get connected with one of our professional real estate experts!

Merry Christmas and Happy New Year everyone!

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

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This entry was posted in Selling and buying homes in the Triangle and tagged Apex, Buyers, Cary, Durham, Flat Fee, Flat Fee Realty, Fuquay-Varina, Holly Springs, Home buying, Home selling, Houses for sale in the Triangle, Morrisville, Multiple listing service, Posted in Selling and buying homes in the Triangle | Tagged Apex home sales, Raleigh, Raleigh Home Market, Realty, The Future of Real Estate!, Three Reasons Why Fall and Winter are Great for Selling Triangle Homes, Triangle Home Market, Triangle home sales, Triangle real estate, Triangle schools.

 

 

5 Crucial Factors in Triangle NC Home Selling

vichaya-kiatying-angsuleeTriangle home buyers and home sellers may find the home appraisal process somewhat confusing.  Many individuals considering a change believe a real estate appraisal determines the “real value” of the home for sale.  However, appraisals actually help determine the amount a Triangle mortgage moneylender will lend on a local home purchase. An appraisal too low can limit the credit extended; an appraisal too high can leave the appraiser vulnerable to issues that could hamper a purchase.   

Our professional team at Flat Fee Realty understands that the appraisal process is crucial and important information.  In fact, most everything involved in the process of home buying and selling depends on the all – important appraisal.

Flat Fee Realty offers five crucial factors that could make or break a home appraisal:

  • Assessments: There are different values for a home. The value of a house is done by a local government for tax purposes. It serves as “additional evidence” for the appraiser.
  • Triangle location: An appraisal may include a comparative market analysis (CMA); which looks at similar type homes, considering variables such schools, traffic patterns and other surrounding factors such as privacy and view.
  • Triangle real estate markets: Important factors to consider include supply and demand, and the economy of the local and national home markets. Sometimes a low appraisal is more about the challenges of a local market than the house in question.
  • Physical demographics: This information includes age of the structure, the square footage, the amount of bedrooms and bathrooms, the age of the roof, siding and driveway. The appraisal will also reflect the age of the HVAC system, the quality of the initial construction and the value of fixtures, such as floor coverings, and plumbing. In storm-prone areas, drainage may also be important.
  • Purpose of the appraisal is important. Flat Fee Realty and the seller determine the price of the home based in part from the appraisal. A Triangle buyer may need to compare home value in different neighborhoods and price ranges. Lending institutions often want an independent appraisal as well.

An experienced Flat Fee Realty agent is knowledgeable when it comes to assessing low appraisals; there are also other complex issues involved in the buying and selling of local Triangle area real estate. We provide assistance in navigating the often confusing buying or selling process. Flat Fee Realty is here to help. Give us a call with your questions today!

Have a great and joyous Holiday Season!

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This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.

The Future of Real Estate!

Flat Fee Realty

919 342 5230

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

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