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 3304 Prudence Street, Durham, NC 27704 (MLS # 2279631)
    24
    3 beds,  2 full baths
    1,196 sqft   lot 6,011 sqft
    Walk Score® 38
    Listed with Grow Local Realty LLC
    MLS 2279631
  2. Photo of 34 Whistling Duck Court, Wendell, NC 27591 (MLS # 2279630)
    2
    3 beds,  3 full baths
    1,892 sqft   lot 25,700 sqft
    Walk Score® 0
    Listed with HomeTowne Realty
    MLS 2279630
  3. Photo of 311 Trappers Sack Road, Cary, NC 27513 (MLS # 2279627)
    30
    4 beds,  3 full, 1 half baths
    2,381 sqft   lot 1.28 ac
    Walk Score® 28
    Listed with TruBlu Realty
    MLS 2279627
  4. Photo of 2000 Ruddy Road, Raleigh, NC 27616-7208 (MLS # 2279626)
    29
    3 beds,  2 full, 1 half baths
    1,908 sqft   lot 7,405 sqft
    Walk Score® 0
    Listed with Coldwell Banker Advantage
    MLS 2279626
  5. Photo of 1001 Antler Court, Apex, NC 27502 (MLS # 2279624)
    26
    4 beds,  2 full, 1 half baths
    2,234 sqft   lot 11,326 sqft
    Walk Score® 28
    Listed with Carolina MaxRealty, Inc.
    MLS 2279624
  6. Photo of 21 Birchcrest Court, Durham, NC 27713 (MLS # 2279623)
    30
    4 beds,  2 full, 1 half baths
    2,561 sqft   lot 15,246 sqft
    Walk Score® 12
    Listed with Melissa Ritter
    MLS 2279623
  7. Photo of 90025 Hoey, Chapel Hill, NC 27517 (MLS # 2279621)
    30
    4 beds,  3 full, 1 half baths
    5,321 sqft   lot 1.09 ac
    Walk Score® 0
    Listed with Hodge & Kittrell Sotheby's International Realty
    MLS 2279621
  8. Photo of 547 Joe Denton Road, Louisburg, NC 27549 (MLS # 2279620)
    30
    5 beds,  4 full, 1 half baths
    5,287 sqft   lot 23.60 ac
    Walk Score® 0
    Listed with Fonville Morisey/Midtown Sales Office
    MLS 2279620
  9. Photo of 4528 Gresham Drive, Oxford, NC 27565 (MLS # 2279619)
    30
    4 beds,  3 full baths
    2,204 sqft   lot 40,075 sqft
    Walk Score® 0
    Listed with C-21 Hancock Properties
    MLS 2279619
  10. Photo of 106 Natalie Drive, Raleigh, NC 27603 (MLS # 2279618)
    22
    3 beds,  2 full, 1 half baths
    2,218 sqft   lot 30,492 sqft
    Walk Score® 0
    Listed with Knock Homes, LLC
    MLS 2279618
  11. Photo of 4217 ARBUTUS Drive, Raleigh, NC 27612 (MLS # 2279617)
    28
    3 beds,  3 full baths
    2,347 sqft   lot 1.42 ac
    Walk Score® 4
    Listed with Carolina's Choice Real Estate
    MLS 2279617
  12. Photo of 2209 Hatton Way, Raleigh, NC 27604-1092 (MLS # 2279615)
    20
    4 beds,  2 full, 1 half baths
    2,058 sqft   lot 8,712 sqft
    Walk Score® 15
    Listed with Guardian Realty
    MLS 2279615
  13. Photo of 1016 Winona Road, Raleigh, NC 27609 (MLS # 2279613)
    25
    4 beds,  2 full, 1 half baths
    2,086 sqft   lot 14,810 sqft
    Walk Score® 45
    Listed with Keller Williams Realty
    MLS 2279613
  14. Photo of 405 Belmont Avenue, Wilson, NC 27893-4707 (MLS # 2279610)
    10
    2 beds,  2 full baths
    864 sqft   lot 8,712 sqft
    Walk Score® 60
    Listed with Ford Corroo Realty- A VFG Company
    MLS 2279610
  15. Photo of 3524 US 401 Highway, Louisburg, NC 27549 (MLS # 2279609)
    30
    4 beds,  3 full, 1 half baths
    2,994 sqft   lot 2.00 ac
    Walk Score® 0
    Listed with Keller Williams Preferred Realty
    MLS 2279609
  16. Photo of 3360 Mountain Hill Drive, Wake Forest, NC 27587 (MLS # 2279607)
    12
    5 beds,  5 full baths
    3,880 sqft   lot 6,534 sqft
    Walk Score® 25
    Listed with Fonville Morisey/Stonehenge Sales Office
    MLS 2279607
  17. Photo of 332 Palmdale Court, Holly Springs, NC 27540 (MLS # 2279606)
    16
    3 beds,  2 full, 1 half baths
    1,416 sqft   lot 3,920 sqft
    Walk Score® 47
    Listed with Green Fox Realty
    MLS 2279606
  18. Photo of 7157 Sandy Creek Drive , 4, Raleigh, NC 27617 (MLS # 2279605)
    26
    2 beds,  1 full, 1 half baths
    1,057 sqft  
    Walk Score® 38
    Listed with Bennett Wells Realty, LTD
    MLS 2279605
  19. Photo of 2614 Laurelcherry Street, Raleigh, NC 27612-5442 (MLS # 2279602)
    21
    3 beds,  3 full, 1 half baths
    2,336 sqft   lot 1,742 sqft
    Walk Score® 40
    Listed with Keller Williams Realty Cary
    MLS 2279602
  20. Photo of 102 Long Shadow Place, Durham, NC 27713 (MLS # 2279601)
    20
    2 beds,  2 full, 1 half baths
    1,184 sqft   lot 1,133 sqft
    Walk Score® 10
    Listed with Pointe Realty Group
    MLS 2279601
  21. Photo of 507 Hancock Street, Smithfield, NC 27577 (MLS # 2279600)
    29
    3 beds,  2 full, 1 half baths
    3,123 sqft   lot 42,253 sqft
    Walk Score® 47
    Listed with Coldwell Banker Advantage
    MLS 2279600
  22. Photo of 1117 Iredell, Durham, NC 27705 (MLS # 2279598)
    30
    3 beds,  2 full baths
    2,182 sqft   lot 6,229 sqft
    Walk Score® 71
    Listed with RED Collective
    MLS 2279598
  23. Photo of 4100 Tranquil Road, Durham, NC 27713 (MLS # 2279597)
    8
    3 beds,  2 full baths
    1,298 sqft   lot 11,238 sqft
    Walk Score® 12
    Listed with Clickit Realty
    MLS 2279597
  24. Photo of 2509 Constitution Drive, Raleigh, NC 27615-5380 (MLS # 2279596)
    25
    3 beds,  2 full, 1 half baths
    1,672 sqft   lot 5,227 sqft
    Walk Score® 10
    Listed with Opendoor Brokerage LLC
    MLS 2279596
  25. Photo of 402 Hawkesburg Drive, Clayton, NC 27527 (MLS # 2279595)
    4
    4 beds,  2 full, 1 half baths
    2,186 sqft   lot 17,424 sqft
    Walk Score® 1
    Listed with HomeTowne Realty
    MLS 2279595
  26. Photo of 1200 Lexington Farm Road, Apex, NC 27502 (MLS # 2279448)
    30
    3 beds,  2 full baths
    1,599 sqft   lot 10,454 sqft
    Walk Score® 11
    Listed with Flex Realty
    MLS 2279448
  27. Photo of 390 Hawkesburg Drive, Clayton, NC 27527 (MLS # 2279594)
    4
    4 beds,  2 full, 1 half baths
    2,540 sqft   lot 13,939 sqft
    Walk Score® 1
    Listed with HomeTowne Realty
    MLS 2279594
  28. Photo of 405 Hawkesburg Drive, Clayton, NC 27527 (MLS # 2279593)
    5
    4 beds,  2 full, 1 half baths
    2,029 sqft   lot 17,424 sqft
    Walk Score® 1
    Listed with HomeTowne Realty
    MLS 2279593
  29. Photo of 136 Hollyhock Court, Durham, NC 27713-2475 (MLS # 2279592)
    15
    2 beds,  2 full baths
    1,144 sqft   lot 1,612 sqft
    Walk Score® 13
    Listed with Opendoor Brokerage LLC
    MLS 2279592
  30. Photo of 395 Hawkesburg Drive, Clayton, NC 27527 (MLS # 2279591)
    5
    3 beds,  2 full baths
    2,396 sqft   lot 14,810 sqft
    Walk Score® 1
    Listed with HomeTowne Realty
    MLS 2279591
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: 9/19/19 6:15 PM PDT.