The Triangle and Raleigh real estate market is a very strong seller’s market as we head into the summers months of 2016. The market seems to be improving in the seller’s favor everyday due to lack of available homes for sale. Flat Fee Realty knows the challenges for first time home buyers as they look for a nice home in a new location. Many prospective home buyers are uncomfortable in any type of bidding situation and many just will wait for the climate to change.
When purchasing a home here in the Triangle, there are many factors that must go into the decision to buy an existing home or build a new one.
When considering a newly built Triangle home or a pre-owned home, Flat Fee Realty offers four important factors to consider:
- Warranty: New homes will come with warranties that cover appliances, plumbing, heating and more. When purchasing a pre-owned home, buyers can negotiate a home warranty into the sales price of the home, but it may have a large fee and a high deductible and it might not cover as much as a new home warranty.
- Home design: A great upside of purchasing an existing home is the ability to see how the previous homeowner laid out the home with furniture; Raleigh home buyers can even negotiate the furniture into the sale price of the home. With a newly built home in the Triangle, there are a lot of decisions to be made in reference to brand new construction, from flooring to windows.
- Out of pocket costs: When purchasing a pre-owned home, there are probably less out of pocket costs associated with the purchase. In a newly built home, a local home builder will most likely require a big deposit down on the home for any add-ons that must be paid for before the build begins or just before closing. A pre-owned home will allow for more negotiation of fees into the closing costs.
- Floor plan options: Newly built houses are typically the most up-to-date with trends consumers want in 2016, from energy efficiency to open floor plans.
In this hot Triangle and Raleigh real estate market, it can be challenging to make the right decisions. It might be a great time to sell a home, but how can anyone buy a new home? Call us with questions about the options of purchase here in the Triangle. We know the market well. Contact the team at Flat Fee Realty today for more information.
**
Photo: IMUSM
This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only.
The Future of Real Estate!
Flat Fee Realty
919 342 5230
As the old adage goes, “First impressions are everything!” This is very true when it comes to the Triangle NC real estate market! In this hot market, it is incredibly important to give a great first impression. The first minutes, as potential buyers walk from the car and through the front door, are very important. Many Triangle home sellers stage their houses and many do it well. Staging a house properly has a variety of important benefits and it can be done in a number of ways.
The Triangle has consistently ranked as one of the top places to live and work in the country. This is great news for anyone in the Triangle who is considering selling a home this spring. In 2016, Triangle real estate is indeed in a seller’s market, and it can be very financially favorable for people in the Triangle trying to sell a home. A true benefit of a seller’s market is that listings can often sell very quickly, especially when following the advice of our expert team at 
As we rapidly approach the spring season of buying and renting homes in the Triangle, it is important for both potential buyers and renters to be educated on benefits. There are a various factors to consider when the decision is made. Thankfully for Triangle residents, the real estate experts at 
An important question often asked by Triangle home buyers or Triangle home sellers is: ‘What is the difference between a buyer’s agent and a seller’s agent?’ 
Many home buyers in the Triangle have been waiting patiently! They have been slowly saving their money; preparing, learning, and trying to decide when is the right time to buy a new home. This is the year! Triangle real estate professionals have repeatedly predicted that 2016 will be one of the best years for home buyers in Raleigh and the region.
The average home owner usually will move every 13 years. That is a long time to live in one place and a big chunk of a life experiences as well. At 
Buying and selling real estate can be a painstaking, confusing process where the potential for error is high for novices and experienced individuals alike. Unfortunately, even the most innocent misstep can end up costing thousands of dollars. The art of negotiation is an important one to master, even if North Carolina buyer and sellers have a real estate agent as their advocate.