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. Photo of 352 Turnipseed Road, Wendell, NC 27591 (MLS # 2243601)
    24
    3 beds,  2 full baths
    1,142 sqft   lot 1.30 ac
    Walk Score® 0
    Listed with Howard Perry & Walston Realtor
    MLS 2243601
  2. Photo of 4 Midpines Court, Durham, NC 27713 (MLS # 2243600)
    30
    4 beds,  2 full, 1 half baths
    1,891 sqft   lot 8,712 sqft
    Walk Score® 9
    Listed with Peak, Swirles & Cavallito Properties
    MLS 2243600
  3. Photo of 2503 Perthshire Lane, Fuquay Varina, NC 27526-5596 (MLS # 2243599)
    30
    Open House
    4 beds,  2 full, 1 half baths
    2,280 sqft   lot 11,761 sqft
    Walk Score® 2
    Listed with Redfin Corporation
    MLS 2243599
  4. 4 beds,  2 full, 1 half baths
    2,080 sqft   lot 10,019 sqft
    Walk Score® 32
    Listed with Northside Realty Inc.
    MLS 2243598
  5. 3 beds,  2 full, 1 half baths
    2,540 sqft   lot 9,148 sqft
    Walk Score® 60
    Listed with LGI Realty NC, LLC
    MLS 2243597
  6. Photo of 908 Woodland Drive, Siler City, NC 27344 (MLS # 2243594)
    22
    3 beds,  2 full baths
    1,871 sqft   lot 23,958 sqft
    Walk Score® 11
    Listed with Harris Realty & Auction
    MLS 2243594
  7. Photo of 1400 Birkdale Circle, Mebane, NC 27302 (MLS # 2243591)
    14
    Open House
    4 beds,  2 full, 1 half baths
    2,017 sqft   lot 13,504 sqft
    Walk Score® 8
    Listed with Fonville Morisey/Lochmere Sales Office
    MLS 2243591
  8. Photo of 601 E Jones Avenue, Wake Forest, NC 27587 (MLS # 2243587)
    22
    Open House
    3 beds,  2 full baths
    1,216 sqft   lot 10,890 sqft
    Walk Score® 61
    Listed with Keller Williams Preferred Realty
    MLS 2243587
  9. Photo of 2317 Brasswynd Court, Fuquay Varina, NC 27526 (MLS # 2243586)
    25
    3 beds,  2 full, 1 half baths
    1,537 sqft   lot 20,038 sqft
    Walk Score® 26
    Listed with Fonville Morisey/Lochmere Sales Office
    MLS 2243586
  10. Photo of 3736 Jordan Shires Drive, New Hill, NC 27562 (MLS # 2243584)
    22
    4 beds,  3 full, 1 half baths
    3,765 sqft   lot 11,718 sqft
    Walk Score® 1
    Listed with NVR, Inc.
    MLS 2243584
  11. Photo of 155 Hawksbill Drive , 100, Franklinton, NC 27525 (MLS # 2243582)
    23
    3 beds,  2 full, 1 half baths
    2,474 sqft   lot 9,888 sqft
    Walk Score® 0
    Listed with Mungo Homes of North Carolina
    MLS 2243582
  12. Photo of 160 Cranes Nest Drive , 111, Franklinton, NC 27525 (MLS # 2243581)
    22
    3 beds,  2 full, 1 half baths
    2,014 sqft   lot 10,716 sqft
    Walk Score® 0
    Listed with Mungo Homes of North Carolina
    MLS 2243581
  13. Photo of 100 Edenburgh Road , 201, Raleigh, NC 27608-1057 (MLS # 2243580)
    21
    3 beds,  2 full baths
    2,292 sqft  
    Walk Score® 29
    Listed with Breeze Realty Network
    MLS 2243580
  14. Photo of 2617 Catalina Drive, Raleigh, NC 27607 (MLS # 2243578)
    25
    4 beds,  3 full baths
    2,853 sqft   lot 19,166 sqft
    Walk Score® 52
    Listed with Olde Raleigh Real Estate, LLC
    MLS 2243578
  15. Photo of 6831 Windover Drive, Durham, NC 27712-9208 (MLS # 2243575)
    30
    Open House
    5 beds,  3 full baths
    3,224 sqft   lot 2.16 ac
    Walk Score® 0
    Listed with Redfin Corporation
    MLS 2243575
  16. Photo of 120 N Wake Street, Hillsborough, NC 27278 (MLS # 2243574)
    28
    3 beds,  2 full baths
    2,337 sqft   lot 9,148 sqft
    Walk Score® 59
    Listed with Berkshire Hathaway HomeService
    MLS 2243574
  17. Photo of 1008 Holloway Street, Durham, NC 27701 (MLS # 2243573)
    5
    3 beds,  2 full baths
    1,620 sqft   lot 6,839 sqft
    Walk Score® 57
    Listed with Berkshire Hathaway HomeService
    MLS 2243573
  18. Photo of 5400 McCormick Road, Durham, NC 27713 (MLS # 2243572)
    21
    3 beds,  2 full baths
    1,220 sqft   lot 14,810 sqft
    Walk Score® 6
    Listed with Coldwell Banker HPW
    MLS 2243572
  19. Photo of 607 Ralph Drive, Cary, NC 27511 (MLS # 2243571)
    30
    3 beds,  2 full, 1 half baths
    1,763 sqft   lot 13,504 sqft
    Walk Score® 47
    Listed with Keller Williams Elite Realty
    MLS 2243571
  20. Photo of 6801 County Place Drive, Hope Mills, NC 28348 (MLS # 2243570)
    24
    4 beds,  2 full, 1 half baths
    2,420 sqft   lot 1.37 ac
    Walk Score® 0
    Listed with iSave Realty
    MLS 2243570
  21. Photo of 82 W Calvert Court, Clayton, NC 27527 (MLS # 2243569)
    19
    4 beds,  4 full baths
    2,886 sqft   lot 12,589 sqft
    Walk Score® 1
    Listed with D.R. Horton, Inc.
    MLS 2243569
  22. Photo of 145 Sunset Drive, Youngsville, NC 27596 (MLS # 2243567)
    28
    3 beds,  3 full baths
    1,725 sqft   lot 1.07 ac
    Walk Score® 14
    Listed with Keller Williams Preferred Realty
    MLS 2243567
  23. Photo of 685 Oxford Ridge Drive, Wake Forest, NC 27587 (MLS # 2243565)
    27
    Open House
    3 beds,  2 full baths
    1,318 sqft   lot 43,124 sqft
    Walk Score® 7
    Listed with Fonville Morisey/Lochmere Sales Office
    MLS 2243565
  24. Photo of 503 Singing Hills Drive, Pittsboro, NC 27312 (MLS # 2243541)
    30
    3 beds,  2 full baths
    2,699 sqft   lot 3.65 ac
    Walk Score® 0
    Listed with Re/Max One Realty
    MLS 2243541
  25. Photo of 902 Oldwyck Drive, Fuquay Varina, NC 27526 (MLS # 2243564)
    26
    3 beds,  2 full, 1 half baths
    2,431 sqft   lot 25,700 sqft
    Walk Score® 7
    Listed with Howard Perry & Walston Realtor
    MLS 2243564
  26. Photo of 235 Durwin Lane, Clayton, NC 27520 (MLS # 2243563)
    28
    4 beds,  2 full, 1 half baths
    1,850 sqft   lot 8,712 sqft
    Walk Score® 1
    Listed with HomeTowne Realty
    MLS 2243563
  27. Photo of 132 Durwin Lane, Clayton, NC 27520 (MLS # 2243562)
    28
    Price Drop
    4 beds,  2 full, 1 half baths
    1,832 sqft   lot 7,405 sqft
    Walk Score® 1
    Listed with HomeTowne Realty
    MLS 2243562
  28. Photo of 906 Cartman Drive, Durham, NC 27704-2320 (MLS # 2243561)
    29
    3 beds,  2 full baths
    1,242 sqft   lot 20,386 sqft
    Walk Score® 0
    Listed with Mallard Realty Group
    MLS 2243561
  29. Photo of 4005 Alder Grove Lane, Raleigh, NC 27610-6395 (MLS # 2243560)
    20
    3 beds,  2 full, 1 half baths
    2,178 sqft   lot 11,326 sqft
    Walk Score® 2
    Listed with Howard Perry & Walston Realty
    MLS 2243560
  30. Photo of 114 Durwin Lane, Clayton, NC 27520 (MLS # 2243559)
    29
    Price Drop
    3 beds,  3 full baths
    2,044 sqft   lot 6,970 sqft
    Walk Score® 1
    Listed with HomeTowne Realty
    MLS 2243559
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: 3/21/19 8:45 AM PDT.