Real Estate in Raleigh

8 Simple Secrets to Avoid Costly Mistakes Buying Your Dream Home

8 Simple Secrets to Avoid Costly Mistakes Buying Your Dream Home

So you’ve finally decided to buy your next home. Problem is while you were making up your mind, other fence sitters jumped into the home market too. Now you may be facing some competition for the best properties. What to do? Just because there are other buyers in the market doesn’t mean you can’t come away with your dream house. But to be a successful buyer in today’s real estate market you’re going to need help.

Your first best move is to know a few inside tricks. As experienced real estate professionals we have many more than eight ways to increase your chances of landing a prize property despite heavy competition. The following tested tips will increase your market savvy and sharpen your competitive position. Then you’ll be ready to act quickly the minute you see that perfect house.

Step 1: Get Pre-Approved

To be pre-approved for a mortgage loan is your first step. You will go through what amounts to a mini-application process (paperwork, credit check, etc.) prior to shopping for a house. Pre-approval is more effective than pre-qualification, which only gives you a rough idea of the amount a lender will lend you—assuming no hang-ups in the credit and income checking process. When you are pre-approved, it’s like carrying around a suitcase full of money. In the eyes of the seller, pre-approval makes you a very desirable “cash” buyer. That’s a real advantage over another buyer whose financing is uncertain.

Beat the Competition to the Newest Listings

Once you know your specific price range, your real estate agent can regularly do a computerized market sweep for new listings. You should receive a hot list of attractive properties as they come on the market. This will give you a head start on other buyers because you will get the listings before they are advertised. Timing can be a vital part of your home buying experience.

Do Your Research

Make yourself a “value expert” by investigating local properties to get an idea of price points, listing-to-sale-price ratios, hottest areas, and best places for a bargain. Once you know what your money will buy, your real estate agent can add up-to-the-minute knowledge of what comparable properties sell for in specific neighbourhoods and what impact specific features have on price. Working with a good agent will guarantee you the best price and terms.

Have your Agent Present the Offer in Person

Nobody wants their offer lingering on a fax machine in the listing agent’s office while other buyers are putting offers on the seller’s kitchen table. When the situation calls for that personal touch, you’ll gain an advantage by having your agent present your offer in person. He or she may pick up critical intelligence on any competing offers by being on the scene.

Prove you Mean Business

An excellent way of showing the seller you are serious about buying the house is to include a good faith deposit along with the offer you make. This deposit could be as much as 5% of the bid price and surely will attract the seller’s attention.

Stay Cool

When deciding on your dream home you do not have to over pay to get it. Sure, you may have to offer something other than the asking price, such as paying some or all points, inspections, closing costs, or offering a settlement date that fits the seller’s timetable. If you over pay now and have to sell your house in the future it will be harder for you to get back equal value.

Keep It Simple And Clean

You want to make sure that your contract isn’t sloppy or cluttered with contingencies such as repairs. Keep contingencies to a minimum. Even better, offer to be helpful, take care of repairs, order an inspection in 48 hours, or be willing to take care of any required local certificates such as smoke detectors and water safety. Be open and flexible to try to help accommodate the needs of the seller.

Don’t be a Lone Wolf

What you need most in today’s market is experienced professional guidance. As your neighbourhood real estate specialists we can help you get pre-approved, find a prize property, and negotiate the best deal on your next home no matter how heated the competition. Call us today. We’ll help you be a cool customer.


Sorted by
1 - 30 of 500+ | Previous Page 1 of 17 Next
  • List View
  • Grid View
  1. 5 beds,  4 full baths
    2,892 sqft   lot 9,365 sqft
    Listed with Fonville Morisey & Barefoot/12 Oaks Saussy Burbank
    MLS 2268417
  2. Photo of 804 Kingswood Drive, Cary, NC 27513-4624 (MLS # 2268416)
    20
    4 beds,  2 full baths
    1,900 sqft   lot 17,860 sqft
    Listed with HomeTowne Realty
    MLS 2268416
  3. Photo of 141 Redbud Drive, Clayton, NC 27520 (MLS # 2268415)
    10
    3 beds,  2 full baths
    1,546 sqft   lot 3.46 ac
    Listed with Harisma Properties
    MLS 2268415
  4. 3 beds,  2 full, 1 half baths
    1,775 sqft   lot 3,485 sqft
    Listed with D.R. Horton, Inc.
    MLS 2268414
  5. Photo of 25 Twin Creek Drive, Louisburg, NC 27549 (MLS # 2268413)
    19
    3 beds,  2 full baths
    1,375 sqft   lot 29,185 sqft
    Walk Score® 0
    Listed with eXp Realty LLC
    MLS 2268413
  6. Photo of 4 Kendall Drive, Chapel Hill, NC 27517 (MLS # 2268409)
    30
    3 beds,  4 full baths
    3,255 sqft   lot 40,511 sqft
    Walk Score® 12
    Listed with Urban Durham Realty
    MLS 2268409
  7. Photo of 3970 Cane Garden Drive, Raleigh, NC 27610 (MLS # 2268408)
    30
    4 beds,  2 full, 1 half baths
    1,661 sqft   lot 6,970 sqft
    Walk Score® 39
    Listed with RE/MAX Advantage
    MLS 2268408
  8. Photo of 225 E Railroad Street, Spring Hope, NC 27882 (MLS # 2268405)
    30
    2 beds,  2 full baths
    1,309 sqft   lot 8,276 sqft
    Walk Score® 43
    Listed with Keller Williams Realty
    MLS 2268405
  9. Photo of 1517 Friendship Drive, Sanford, NC 27330 (MLS # 2268402)
    25
    3 beds,  2 full baths
    1,309 sqft   lot 22,651 sqft
    Walk Score® 2
    Listed with Re/Max Real Estate Service
    MLS 2268402
  10. Photo of 75 Remington Court, Youngsville, NC 27596 (MLS # 2268401)
    30
    4 beds,  2 full, 1 half baths
    3,137 sqft   lot 1.04 ac
    Walk Score® 5
    Listed with Karen Johnson Realty
    MLS 2268401
  11. Photo of 1006 Azimuth Drive, Durham, NC 27713 (MLS # 2268400)
    28
    3 beds,  2 full, 1 half baths
    1,698 sqft   lot 2,178 sqft
    Walk Score® 0
    Listed with D.R. Horton, Inc.
    MLS 2268400
  12. Photo of 10511 Rosegate Court , 302, Raleigh, NC 27617-5928 (MLS # 2268399)
    16
    3 beds,  2 full baths
    2,457 sqft  
    Walk Score® 51
    Listed with OfferPad Brokerage LLC
    MLS 2268399
  13. Photo of 129 Bowhill Drive, Clayton, NC 27527 (MLS # 2268396)
    30
    4 beds,  3 full baths
    3,020 sqft   lot 8,059 sqft
    Walk Score® 12
    Listed with Mattamy Homes LLC
    MLS 2268396
  14. Photo of 1403 Caspian Drive, Knightdale, NC 27545 (MLS # 2268395)
    17
    4 beds,  3 full baths
    2,667 sqft   lot 9,670 sqft
    Walk Score® 1
    Listed with S&S Realty Group
    MLS 2268395
  15. Photo of 76 Lystra Grant Court, Chapel Hill, NC 27517 (MLS # 2268394)
    3
    4 beds,  3 full, 1 half baths
    3,205 sqft   lot 25,265 sqft
    Walk Score® 0
    Listed with Howard Perry & Walston New Hom
    MLS 2268394
  16. Photo of 1236 Elk Falls Drive, Wendell, NC 27591 (MLS # 2268393)
    30
    4 beds,  3 full baths
    2,636 sqft   lot 5,619 sqft
    Walk Score® 3
    Listed with Homes by Dickerson Real Estate
    MLS 2268393
  17. Photo of 802 Lakemont Drive, Clayton, NC 27520 (MLS # 2268391)
    29
    3 beds,  2 full baths
    1,514 sqft   lot 6,098 sqft
    Walk Score® 22
    Listed with Mattamy Homes LLC
    MLS 2268391
  18. Photo of 1421 Lynn Road, Raleigh, NC 27612 (MLS # 2268390)
    30
    5 beds,  4 full baths
    2,661 sqft   lot 34,848 sqft
    Walk Score® 13
    Listed with Realty World-Triangle Living
    MLS 2268390
  19. Photo of 2421 Dunn Road, Raleigh, NC 27614 (MLS # 2268389)
    30
    4 beds,  2 full, 1 half baths
    2,579 sqft   lot 11,761 sqft
    Walk Score® 4
    Listed with Howard Perry & Walston Realtor
    MLS 2268389
  20. Photo of 13345 Ashford Park Drive, Raleigh, NC 27613 (MLS # 2268388)
    30
    3 beds,  2 full, 1 half baths
    2,398 sqft   lot 2,614 sqft
    Walk Score® 45
    Listed with Howard Perry & Walston Realtor
    MLS 2268388
  21. Photo of 108 Bancroft Brook Drive, Cary, NC 27519 (MLS # 2268387)
    30
    5 beds,  3 full baths
    3,024 sqft   lot 5,663 sqft
    Walk Score® 30
    Listed with Howard Perry & Walston Realtor
    MLS 2268387
  22. Photo of 107 Comanche Drive, Louisburg, NC 27549 (MLS # 2268386)
    30
    3 beds,  2 full baths
    1,399 sqft   lot 17,293 sqft
    Walk Score® 7
    Listed with Coldwell Banker Advantage
    MLS 2268386
  23. Photo of 5408 Wallace Martin Way , 1190, Raleigh, NC 27616 (MLS # 2268382)
    6
    6 beds,  3 full, 1 half baths
    2,750 sqft   lot 4,792 sqft
    Walk Score® 5
    Listed with M/I Homes of Raleigh LLC
    MLS 2268382
  24. Photo of 323 Saddle Ridge Drive, Willow Spring(s), NC 27592 (MLS # 2268377)
    27
    3 beds,  2 full baths
    2,388 sqft   lot 1.10 ac
    Walk Score® 1
    Listed with NC Home Team LLC
    MLS 2268377
  25. Photo of 834 Lakemont Drive, Clayton, NC 27520 (MLS # 2268375)
    30
    4 beds,  2 full, 1 half baths
    1,858 sqft   lot 9,148 sqft
    Walk Score® 22
    Listed with Mattamy Homes LLC
    MLS 2268375
  26. Photo of 925 Bristol Bridge Drive , 221, Cary, NC 27519 (MLS # 2268370)
    29
    4 beds,  3 full baths
    2,635 sqft   lot 5,401 sqft
    Walk Score® 6
    Listed with Lennar Carolinas LLC
    MLS 2268370
  27. 4 beds,  2 full, 1 half baths
    3,064 sqft   lot 16,117 sqft
    Walk Score® 32
    Listed with Fonville Morisey/Lochmere Sales Office
    MLS 2268369
  28. Photo of 3904 Sabre Lane, Wilson, NC 27896 (MLS # 2268365)
    16
    4 beds,  2 full, 1 half baths
    2,546 sqft   lot 7,405 sqft
    Walk Score® 34
    Listed with D.R. Horton, Inc.
    MLS 2268365
  29. Photo of 3648 Old Stage Road, Erwin, NC 28339 (MLS # 2268364)
    14
    4 beds,  2 full baths
    2,052 sqft   lot 43,560 sqft
    Walk Score® 0
    Listed with Re/Max Signature Realty
    MLS 2268364
  30. Photo of 414 Lodestone Drive, Durham, NC 27703 (MLS # 2268361)
    19
    3 beds,  2 full, 1 half baths
    1,530 sqft   lot 7,971 sqft
    Walk Score® 6
    Listed with Fathom Realty NC, LLC
    MLS 2268361
Previous Page 1 of 17 Next

Information Not Guaranteed.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property

Copyright 2019 Triangle MLS, Inc. of North Carolina. All rights reserved.

Data last updated: 7/20/19 1:01 PM PDT.