Finding your dream home in a seller’s market can be stressful. The Triangle area of North Carolina is a great place to sell a home right now…and a tough place to buy one. The Durham, North Carolina in market in particular is a seller’s market right now, for homebuyers and investors alike. And this is true for many areas across the country. A seller’s market is […]
Four Great Reasons to Sell Your House in the Winter
Winter is here and you have finally decided to put your house on the market, but you heard somewhere that it’s better to wait until the spring. Is it really? Some conventional wisdom says that selling a home in the spring is a better bet. Flowers blooming, green grass and sunny skies make homes look […]
Dibs! What is the Right of First Refusal in Real Estate?
I recently helped a client buy a house for which a third party had the “right of first refusal” (ROFR). My buyer had never heard of this term, and so I thought it would be a useful term to explain for others who may encounter it when looking to buy or sell a home. Very […]
Five Reasons to Buy an Older Home
There is something unique about older homes that many home buyers just can’t resist. Everyone has different things that appeal to them of course, and for many people a brand new house built just for them might be ideal, but if you’ve been thinking about buying an older home these reasons might sound familiar. For […]
Date Night at Bull McCabe’s Irish Pub
My parents were in town this week which meant my wife and I had eager, free babysitters. So we went downtown last night for dinner and drinks. The end of August in Durham always seems extra crowded as all the students are back in town; we drove around for a a few minutes trying to find parking […]
What’s the Difference Between Appraised and Assessed Value?
There are two similar terms that you will come across if you are in the process of buying or selling a home: appraised value and assessed value. Each one attempts to represent the value of a house—and yet it’s unlikely the two numbers will agree. So what does each one mean? And how do they […]