HOAs are Like Snowflakes…No Two are Alike

Meghan Henderson Home Buyer Tips Leave a Comment

So, you found a home in the Wilmington area that you like, but you’ve discovered it’s in a community with a homeowners association (HOA). Maybe you didn’t have a good experience with your last HOA or you don’t like the idea of your neighbors regulating how you use your property. Either way, you weren’t planning on having to deal with …

What does “Active Due Diligence” mean?

Meghan Henderson Home Buyer Tips Leave a Comment

While searching for Wilmington homes for sale, did you see the listing status “Active Due Diligence”? If you haven’t bought real estate in the past few years, you may not be familiar with the term. But it’s an important term to know, so we’re here to educate! If you see “Active Due Diligence”, that means the property has a contract …

National Median Home Size Leveling Off

Meghan Henderson General Real Estate Leave a Comment

I’ve written in the past about how home sizes have changed over the past 60+ years and how it reflects the overall expectations of American society. My last post on the subject was in 2012. Since then, we’ve seen some changes. For one, the median home size of newly constructed homes began to increase. This would make someone think that …

Who Pays for the Oil in the Fuel Tank?

Meghan Henderson Home Buyer Tips , Home Seller Tips Leave a Comment

A Wilmington area home goes under contract. The fuel tank attached to the home still has oil in it. Come the day of closing, who pays for that oil? According to section 2 (“FIXTURES”) of the North Carolina Offer to Purchase, there are a number of items “included in the Purchase Price free of liens”. These include “fuel tank(s) whether …