Money and House

Builder Offers to Pay Student Loans for Home Buyers

Meghan Riley Home Buyer Tips Leave a Comment

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”

Meghan Riley Home Buyer Tips Leave a Comment

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 …

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Have an Agent? We can’t get involved.

Meghan Riley General Real Estate Leave a Comment

As Realtors, we are often approached by the public to answer questions about properties and real estate practice. Straight up, that’s our job. But did you know there are times when we can’t answer? It’s not that we don’t know the answer, but that we are obligated not to. One of those times is when the person asking already has …

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What Can Google Search Reveal About Home Buyers?

Meghan Riley Home Buyer Tips Leave a Comment

If we looked at the Google searches conducted over the past few years, what would they reveal about home buyers and the future of the real estate market? Chase wondered the same thing. They partnered with Google to see what‘s top of mind for buyers and shared it in an interesting report. Here are the main takeaways: Affordability is a …

Will I Save Money Skipping the Buyer’s Agent?

Meghan Riley Home Buyer Tips Leave a Comment

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?

Meghan Riley Home Buyer Tips Leave a Comment

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.

Meghan Riley Home Buyer Tips Leave a Comment

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 …