Money and House

Builder Offers to Pay Student Loans for Home Buyers

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According to a study from the National Association of Realtors, one of the biggest obstacles for Millennial home buyers (born 1980-1998) is student loan debt. Of those surveyed, the median debt was $41,200. 20% were homeowners and 28% of them said their student loan debt was preventing them from selling their current home to move into something new. Now, Eagle …

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House Hunting: How to Know You’ve Found “The One”

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We’ve worked with a lot of Wilmington home buyers over the past 23 years (has it really been that long?). We’ve seen people instantly know that the home they’re looking at is “the one” and others who have gone back for 2nd, 3rd, and 4th showings before deciding to submit an offer. Some buyers have even openly succumbed to praying …

Will I Save Money Skipping the Buyer’s Agent?

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For 42% of recent buyers, the very first step they took to buying a home was searching for properties online. An additional number took to searching online after first getting pre-approved. With these kinds of numbers and the numerous portals for gathering information about homes, it’s expected that a buyer will at some point come in contact with a listing …

Can Buyers Ask Home Sellers to Pay Their Closing Costs?

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First off, how closing costs are handled may differ from state to state. This advice applies to North Carolina. If you’re buying elsewhere, make sure you discuss your options with your Realtor. So, what are closing costs? For those who are unaware, they are the fees incurred from the process of conveying a piece of real estate to the buyer, …

Why Do I Need a Survey? The Home Already Has a Fence.

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As a home buyer, you have the right to have a home inspection and land survey completed prior to the home being closed on. This helps you to know exactly what you’re investing in and could potentially save you thousands of dollars. Most buyers want a home inspection, because it will tell them if there’s anything majorly wrong with the …