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3 North Carolina Home Improvements Worth the Investment

Shows like Fixer Upper and Property Brothers are fun to watch and inspire many homeowners across North Carolina to think creatively about how to upgrade their homes.  For both sellers and buyers, completing home-improvement projects can be rewarding and can make a home in Charlotte, Lake Norman, Wilmington and the Triangle more attractive and functional; however, whether just moving in or preparing to sell a home, Flat Fee Realty agents recommend clients consider the return investment before spending large sums of money on major renovations.

These three upgrades are worth the investment because each one increases resale value:

  • Update a dated bathroom: A nice bathroom to pamper oneself goes a long way in the housing market. Bathroom remodels normally earn back up to 100% of what homeowners put into it. Not sure where to start? Tile the area around the tub, and add a shower door. Upgrade the vanity (choose something both stylish and functional with storage space) and install a new faucet. If there isn’t any ventilation in the bathroom, adding a new bathroom vent fan may help keep the humidity and mildew from warm showers at bay.

  • Add curb appeal: First impressions are everything. If the house exterior needs cleaning, try remedying the problem with a spray like Wet & Forget. If it still looks dull and faded after that process, consider freshening up the outside of the home with a professional power wash, then a fresh coat of paint. Next, think about the light fixtures both for safety and curb appeal. Finally, a nicely-landscaped lawn can go a long way. Start by trimming any overgrown bushes or trees. Then, consider consulting a landscaper or even a local garden center for ideas.

  • Upgrade the kitchen: Kitchens are another great place for upgrading for a solid return investment. Try to avoid the cheapest materials, but don’t overspend by purchasing items that are more luxurious than functional. Also, remember that while television shows entertain viewers with major renovations, many homeowners can create beautiful spaces with a few simple changes. For example, consider creating storage space that makes items easily-accessible, add granite countertops, and add an upgraded backsplash.

Before spending money on a major renovation, clients should contact a Flat Fee Realty agent to ensure their plans align with the interests of most buyers. This will increase the likelihood of getting a return investment on one’s home-improvement projects.

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This post on selling and buying a home in the Triangle, Wilmington, Charlotte, and Lake Norman 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 (Main Number)

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Terry@FlatFeeNC.com

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Three Reasons to Buy a Home in the Triangle’s Competitive Market

It’s no secret that the Triangle is growing rapidly each and every month. While this growth is great for the North Carolina economy, making Raleigh a candidate for new Amazon and Apple headquarters, it also contributes to a competitive real estate market. From cities like Raleigh and Durham to towns like Apex, Cary, or Holly Springs, the Triangle’s real estate market is booming. For those looking to put down roots—especially first-time buyers—it may seem intimidating. Working with an experienced Flat Fee Realty agent, however, has its advantages when buying a home in the Triangle’s competitive market. 

Our team of local professionals offers three important reasons to work with Flat Fee Realty in the Triangle:

  • Access to MLS: With houses selling so quickly, it is important to be able to see available homes as they come on the market. Searches can be tailored to meet buyers’ interests and needs. For example, the number of bedrooms and bathrooms desired, a range of square footage, and garage size can all be filtered, so buyers can easily see the homes that will appeal to them and their needs most. While updates with these tailored searches can regularly be sent to buyers, buyers are also able to search through available listings at their convenience. 
  • Experienced agents: Buying a home is one of the biggest purchases most people make! Our experienced Flat Fee Realty agents know just what to look for in a home and are happy to answer clients’ questions, so they can make informed decisions. Receiving trustworthy advice from an agent who is familiar with the market and has years of experience in the real estate industry helps buyers to feel more confident when making big decisions in pursuit of buying a home.

  • Expert negotiators: Once buyers find their dream home, it’s time to negotiate. From offers to repairs, our real estate agents have the client’s best interest in mind and our team of professionals know how to navigate the complex and delicate nature of negotiation in the Triangle’s competitive market.

 

Flat Fee Realty agents know that buying a house is an important decision and we are here to help our clients find the home of their dreams in the Triangle with complete confidence. When working with buyers, we are passionate about helping our clients find a house they will be excited to call home.

Looking to buy a home? Contact Flat Fee Realty today!

Important Notice 

Not only do we have offices in the Triangle, we also have offices in the beautiful Lake Norman Region just north of Charlotte, and in Coastal Carolina in picturesque Wilmington. 

Lake Norman 704 659 3560

Wilmington 910 225 7721

Triangle 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

 Photo: geralt, pixabay

 

 

4 Strategies from the FFR Playbook Before Buyers Say YES to the House!

Buying a new home is very exciting, especially in the Triangle, Lake Norman, and Wilmington. The North Carolina real estate market is growing and improving every day, creating a high percentage of happy homeowners. While this is an exciting time, saying “yes” to the house is a big decision. 

Flat Fee Realty knows that there is a proven process to finding the perfect home and that is how we help homebuyers across North Carolina.

Four facts from the Flat Fee Realty Playbook that are a must read before saying yes to the house:

  • Layout and design: Homes are unique. The potential homeowner has to decide on the style of home, whether it be a traditional single-family home, a townhouse or even a condo. Each home has a different style and everything should complement the owner’s wants and needs.
  • Cost: Buying a home is one of lifetime’s biggest financial decisions. It is vital to make sure that all monies are in order to buy a home; finances are essential to determine what the potential buyer can afford. Remember to include the expenses for furniture and any home improvements.
  • Neighborhood: The location of the home and choosing the right neighborhood are very important. The ideal location of the home depends on the owner’s specific needs (job, shopping, activities, schooling) It is good to have an idea of the ideal location and neighborhood to avoid any future regrets.
  • Flat Fee Realty NC: Every neighborhood and home has a unique quality.  Our team of agents are well-informed about the popular area and neighborhoods and know what homes are priced right and a great fit to the regions we serve. Our professionals are guides to potential homeowners and we can ease the stress of finding the perfect home.

 

Autumn is a great time to buy a home! If it feels like it is the right time to move, give us a call. Flat Rate Realty NC is the perfect guide for today’s market.

We are the future of real estate.

Contact the team at Flat Fee Realty today for more information.

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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.

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

 

3 Reasons Why It Is the Right Time to Buy a Home in North Carolina

The timing for buying a home in Wilmington, Lake Norman, and Wilmington has never been better. Fall of 2017 is featuring a great market across our sales’ regions.  

Flat Fee Realty’s expert team of realtors have seen great real estate trends as we head to year-end. These trends lead the agents to believe that now is the time to buy!

Flat Fee Realty NC offers home seekers three reasons why a now is the time to buy a home before the end of 2017:  

  • Rising interest rates: It seems like mortgage rates are always rising. But, mortgage rates dropped quite a bit over the past 2 years which is now leading to a slight increase in mortgage rates. However, we can never predict where the rises will stop, so, it’s best to buy now.
  • Shrinking inventory of available homes: This is a problem across the United States, but it is tremendously more challenging in North Carolina. This is due to a growing economy and beautiful weather, and our schools and regional infrastructure. Our cities are ranked as top communities across the country. Families are coming here every single day, and our housing inventory is getting lower. There is quite a bit of new construction coming to help the problem in 2018, yet finding a home now with our help will get things settled for the new year.
  • Increasing home prices: It is the simple law of supply and demand. As the housing inventory in North Carolina lessens, the price of the remaining homes will slightly increase. Across the country, real estate experts are expecting a 2% to 3% price increase as we end 2017 and head into 2018.

There are many important reasons to purchase home this year. However, it may not be the right decision for everyone. If the time is right, contact our team at Flat Fee Realty and set up a time to ask any real estate question.  

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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

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

Photo: Deposit Photos, 1707662

3 Important Misconceptions about Flat Fee Realtors

Selling or buying a home is a time-consuming process. And involving a good experienced realtor can make the difference. Most buyers and sellers have plenty to do beyond the sale and finding the right team to work with is critical. Flat Fee Realty in the Triangle, Wilmington, and Lake Norman is a valuable partner for many homeowners and home seekers in the Tar Heel State. While the Flat Fee opportunity might be considered a little unconventional, it is a safe, cost effective, and simple way to sell a home in North Carolina.

Our professional team of local agents present three misconceptions about flat fee listings and how we market and sell homes:

  • Buyer’s agents won’t show our homes: Most flat fee listings do in fact offer commission to the buyer’s agent. The amount of commission to be gained from a sale should have no effect on what houses an agent shows to clients. The buyer’s representation agreement or the offer to purchase will typically include how commission is paid to the partnering agent.
  • Flat Fee Realty is almost the same as a (FSBO) For Sale by Owner: When a house is being sold by the owner, every aspect of the process is up to the owner/seller: marketing, pricing, closing, negotiations, and legalities. Flat Fee Realty manages many of these services on behalf of the client.
  • MLS is Crucial: Real estate has changed with the evolution of technology. While a multiple listing service (MLS) is important and still used, it is not the only tool that Flat Fee Realty Agents use. In many cases, it still can be the first place that our agents go to look for reviewing homes for clients. However, sites like Facebook, Pinterest, Zillow, Trulia, and more are also assessed and used to showcase homes.

Our local Flat Fee Realty listings offer great benefits, including great money savings, to both home buyers and home sellers. If readying a home for sale in North Carolina, it is important to consider a flat fee listing. Please contact us today to find out more about what we can do for you! At Flat Fee Realty, we offer everything that a seller would need and we do it with our clients in mind. We are the Future of Rael Estate in the Triangle, Wilmington and Lake Norman.

Yes! The home in the picture is for sale in Cary!

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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

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

 

3 Important Financial Tips for First-Time Home Buyers in North Carolina

Rent and lease prices are on the rise across the nation, and it is the leading cause for the increase in first-time home buyers here in the Triangle and across the United States. According to Zillow’s 2016 Consumer Housing Trends report, 50% of buyers are under age 36, and 47% of them are buying for the first time. This means there are an array of buyers in the market who need guidance from the local area experts, Flat Fee Realty NC.

Everyone knows that one of the biggest factors associated with buying a home is money. Buying a first home can be expensive, risky, and it can leave North Carolina homebuyers wondering if they’re making the right decision. Luckily, homebuyers in Wilmington, the Triangle, and Lake Norman have the expertise of Flat Fee Realty’s knowledgeable team of agents that are willing and ready to help buyers plan their financial investment in the right way.

Flat Fee Realty shares three important financial tips that are most important to first-time home buyers in North Carolina:  

  • Assessing geographic considerations: It’s all about location, right? Without proper planning, buyers may find their closing costs will skyrocket due to the applicable taxes in a specific area. The rates can vary across street names, so it’s best for buyers to be aware of the rates in their target locations and plan for them.
  • Avoiding Private Mortgage Insurance (PMI): Most mortgage lenders prefer a 20% down payment on a new home. If buyers offer something less, they are likely forced into other fees instituted to protect the lender; this situation can include private mortgage insurance (PMI). A full down payment will help to reduce interest rates on the loan overall and avoid the extra monthly fee associated with PMI.
  • Making sound financial decisions: No one can truly predict the future, and there may be potential financial benefits ahead for a first-time home buyer that might convince them to shop out of their budgeted price range. However, anything can happen, and it’s best to not count on money that might not be there in the future. First-time buyers should be realistic about what they can afford need to stay within predetermined means.

Buying a home for the first time is a huge investment; and Triangle, Lake Norman, and Wilmington buyers deserve a local dedicated team on their side. Our agents at Flat Fee Realty can help first-time buyers plan their finances and make sure nothing comes as a surprise. Contact us today to see how we can help!

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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

Find us on Instagram!

The Future of Real Estate!

Flat Fee Realty

Triangle: 919 342 5230 

Lake Norman: 704 659 3560

Wilmington: 910 225 7721

Find and like us on Facebook!

Contact Us

Terry@FlatFeeNC.com

 Photo: pixabay

3 Important Impacts of Rising Mortgage Rates in North Carolina

There are a number of housing trends in the Triangle, Lake Norman and Wilmington markets to track in 2017. One major factor is the mortgage rate, which will continue to have an impact on the housing market overall across the entire state.

Luckily, our homeowners and buyers in our three markets have a dedicated team of professionals working hard to stay on top of mortgage rates and more. Our experienced agents at Flat Fee Realty are transparent about the potential impacts the rising mortgage rates will have, and we’re dedicated to ensuring that home buyers and sellers are knowledgeable of the market shifts.

Flat Fee Realty offers three important impacts that rising mortgage rates will have on the North Carolina real estate market:  

  • Mortgage affordability: Buyers have been able to secure historically low rates for the past few years, but since the national election in November, the rates have increased and we may see more increases throughout 2017. Since income hasn’t increased in tandem, this leaves homeowners making slightly higher monthly payments than they did last summer.
  • Lower inventory: Since current homeowners have lower fixed rates, it could be less appealing to sell a home and refinance or take on a new mortgage. This will potentially lead to fewer houses listed on the market, which will in turn make home buying a little more challenging. Working with a Flat Fee Realty NC agent is very beneficial for buyers who need guidance and access to more properties that could otherwise go unnoticed.
  • Housing appreciation. According to Zillow, home values did increase by 6.8% in 2016, and they’re projected to rise 4.6% in 2017. So, with increased home value, buyers will be faced with borrowing a little more and at slightly higher rates. Again, our agents will help navigate the shifting market and give homeowners and potential buyers peace of mind in 2017.

Although things may look uncertain for the Carolina housing market this year, there’s no need to worry if our Triangle, Lake Norman and Wilmington residents are working with our local teams at Flat Fee Realty. Despite the increases, we’ll be here to guide our homeowners and buyers throughout the process, ensuring they are aware of all current market trends. Contact our regional office in Morrisville NC today to see how we can help find an affordable home at the right price.  

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Photo: Flat Fee Realty NC

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

Check out 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


 

 

 

3 Ways to Use Social Media to Boost Home Marketability Across North Carolina


Since so many Triangle, Charlotte, and Wilmington residents have social media accounts through Facebook, Twitter, and LinkedIn, home sellers are able to utilize those platforms to keep home buyers informed and interested in listed properties. Our real estate professionals at Flat Fee Realty recommend using social media to help in to help in the home selling process.

3 ways Flat Fee Realty uses social media to boost the visibility of North Carolina homes:  

  • Create and share websites: Serious sellers looking to increase their home’s online presence know that creating easy-to-navigate websites is important. A website can include information on the property, pictures, and even virtual tours to entice buyers to schedule a visit. The links to the website are easily shareable to social media platforms, making them ideal for sellers and buyers to interact.
  • Use personal networks: The great thing about social media is that everyone already has an established network of contacts at their fingertips. Friends and family are generally eager to help when one of their connections expresses a need. They’re able to share postings to spread the word, or they might even have advice for success during the online selling process!
  • Be careful of spamming: Social media users also have control of their news feeds, and they’re able to hide and delete repetitive or “nuisance” posts. Be sure to use the power of posting in a reasonable manner when sharing details of a home for sale. Try to keep posts informative and new, so don’t re-post the same thing several times a day.

There are many other important ways to use social media for selling a home in across North Carolina. Our experts at Flat Fee Realty are knowledgeable and have insight into how the platforms can be used to their full potential. Contact our real estate agents today to see how their guidance and the use of social media can help sell a home!

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This post on using social media for selling and buying a home in Lake Norman, Charlotte, Wilmington 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.

Check out 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

Photo: tumisu, pixabay

 

 

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

Photo: home-1353389_1920, pixabay.com


 

The Important Difference Between Buying and Selling Agents in the Triangle


The very hot Triangle real estate market is buzzing with spring activity; potential sellers and buyers have many questions as to how the process works. Flat Fee Realty has the buyer’s and seller’s agents that can help owners and buyers have a great experience.

Now, what is the difference between the buyer and seller agents. Regardless of the situation, our team at Flat Fee Realty believes that Triangle sellers and buyers in the Raleigh, Cary, Apex and the entire region will benefit from having an experienced and local agent by their side.

The two key roles that buyer’s and seller’s agents play during the real estate process are extremely important:

  • Seller’s Agent: The seller’s agents are also known as listing agents, and they will represent the seller throughout the selling process. They will strive to get the best deals for the seller, and they will often make suggestions during the selling process for making the home look its best. This process can include the staging for photographs, updates to the home to make it more desirable to buyers in the market, and other related strategies. Seller’s agents are also legally required to disclose important information about potential buyers, to minimize last minute surprises.
  • Buyer’s Agent: Buying a home in the Triangle is a milestone for many people in their lives, and it’s typically the first major financial decision they will make. Buyer’s agents protect buyers, and help them understand the often-complicated terminology used in contracts. This guidance helps them to more easily navigate the local housing market. Our Flat Fee Realty agents will help buyers get the best price for the home and point out any issues that need to be addressed during inspections and appraisals.

Buyer and seller agents are integral to the home buying process in the Triangle area. Our agents at Flat Fee Realty are eager to help each party have the best experience and save the most money. Contact us today to see how we can help you buy or sell your home!

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This important real estate blog 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

Photo: Mastersenaiper, pixabay

Independent Triangle Real Estate Broker | Raleigh, Cary, Durham, Apex, Chapel Hill NC