10 Things That SURPRISE Home Buyers in North Carolina
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- เผยแพร่เมื่อ 20 มิ.ย. 2024
- If you're planning on moving to North Carolina to buy a house we tell you 10 things that will surprise you when you move to NC. Buying a house in NC is a different experience from many other states. In this video we cover everything you need to know about the NC real estate market, due diligence fees, and what home and neighborhoods might look like. If you're planning to buy a home in NC, please contact us and we would love to help you out!
🏠 If you're thinking about buying or selling a home in NC, please contact us here. We would love to help you!
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Living in Raleigh TV is brought to you by Chris Morton and Tanner Bradbury - co-owners of Morton Bradbury Real Estate Group - brokered by eXp Realty.
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Phone: 919.964.0474
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it is not the HOA fees it the power they have and how crazy they can be.
I am from Alexandria, Virginia, and I sold an 825 sq ft. I bdrm/ 1bth. Unit in 2020. It was tough to sell because of the Covid 19 restrictions then. I managed to sell it to a young military guy on a VA loan for the full price offer. I was so grateful to the buyer that I even helped him with the closing costs. The condo was 492.00 a month for HOA, and the property taxes were about 1850.00 for the year 2020. I'm so glad I dropped that condo unit. I understand it's about 22 percent higher in the hoas and property taxes and climbing. I used the condo sale money 💰 to buy my New NC house 🏠 and it's paid in full😅.
How much was your new NC house cost if I may ask
I always wondered why there are not many basements when there are tornados.
HOAs suck for so many reasons, but the monthly dues is pretty low on that list for me.
Thank you for sharing this information. Very helpful and interesting. 😊
thank you for sharing.
Silvia here my house has that screened porch . 1.200 square feet . Fits a lot cars . I am going to find a job and continue my master degree . My house is from 1964 totally remodeled . I have been here since 2007. Looking for a place affordable and secure . No HOA single family to start my life again. For the last time .
I love born and raised though have lived in 7 other states and in Ca the standard property tax is 1% of the selling price plus they have things like the Homesteader law you file with your city/county and if you go bankrupt they can’t take your home, in addition they have a lower rate for seniors and disabled veterans. Just wanted to let you know.
Great video!! Super informative
I'm glad North Carolina is a mix of being rural and industrial. #NCWithoutEqual 🦅🦅🦅
North Carolina is my choice,, wide streets, a sidewalk, MATURE TREES is a must, big flat yard and low traffic,, a ranch house or Master bedroom on 1st floor
I am surprised by the lack of TIE in this video. Where is the disco you are going to in the RTP area?
You can add the price of water. Most everything is cheaper other than water. On Long Island the water is super cheap. Here you are paying at least triple of what you pay per qtr per month in NC.
Agree. In drought plagued California the water is cheaper than here. Why?
Thanks for sharing
When I get to NC next year (currently traveling in SE Asia) and I take some money out of my $4.5m investment portfolio to buy a home, I’m not going to put one penny down for a due diligence fee. I’d have to think myself stupid or foolish to hand money to someone who wants to sell me a $1m+ home for the pleasure of hiring an inspector to find out if the home seller has lied about the condition of his home. That’s the very definition of preposterous.
Again this is Silvia from west palm beach. I live on a single family without HOA. I would like to continue Not paying HOA. My house here is paid off. The value is sentimental.
How much a property dealers commission on sale price from both buyers & sellers here?
I am looking for long term investment property in NC region. Please guide me.
As a Brit, I find those open furnished bonus spaces at the top of a flight of stairs weird.
the craziest thing about NC is the dd fee and the goofy pointless dd forms that sellers can basically lie on
The forms are changing soon
NC is full yall, try TX! Traffic was so bad I had to move out of Charlotte. Lol
God, no.
If they do have sidewalks, they're only on one side of the street. My wife and I always thought that was rather strange. Why is that🤔🤔🤔
Yes, this is common. Thank you
Keeping the taxes down.
In Canada it’s the same in residential neighborhoods! No sidewalks or at least on one side. It’s a little bit uncomfortable for pedestrians!
Are due diligence fee paid in lieu of a deposit
/earnest fee or in addition to them?
They are paid once you sign a contract. Offer to purchase 2 T contract
In regarding the Due Diligence fee, what if after inspection, either the house has too much problems, or the two parties cannot come to the terms in regardling what need to be fixed or not, does the buyer still loss the money?
Yes, however the items found in the inspection report must be disclosed to future buyers prior to them writing contracts, so it’s in the best interest of the seller to work with the buyer on negotiating repairs. The only way a buyer can get their due diligence money back is if the seller breached the contract or didn’t disclose something that they were legally required to disclose.
didn't recognize you without the tie.
Who the heck is paying hundreds of thousands in property tax 😂
Yea, for a wooden matchbox!
People living in multimillion dollar mansions and condos in South Florida or NYC.
We do in WA State.
@@jlpack62Miami Dade County is more expensive than NYC right now. I know it, I live here.
@@guilleport I know. I also live in MiamiDade. Thankfully I bought 2+ decades ago.
I love your videos, Chris.... but "curb and gutter "is NOT sidewalks......... as evidenced in your own videos.............
We never said curb and gutter was the same as sidewalks. We said there is a lack of sidewalks in NC.
I was surprised that our neighborhood only had sidewalks on one side of the street. If you walk dogs keep that in mind.
Yes, this is very common! Thank you
One side sidewalks would be fine with me ,, with a WIDE street and Low traffic
Due diligence fee! Wth 🤦🏽♂️
Yep. It's a NC thing
What surprised us the most when we moved there was the racism....it was all "we don't want your kind in this neighborhood" and "go back to the 7/11 dot head".
It's crazy & sad ASF but doesn't surprise me! What areas do you notice this in?