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6 Reasons Why Owning Home is Awesome!

From personalizing your living spaces to turning a profit when you sell, there are dozens of reasons why first-time home buyers can’t wait to find a home and make it their own. Though there are plenty of benefits of owning a home in the Triangle, here are the six benefits that stand out from the rest. 1. You Can Customize Your Space Whether you want to invest in the latest high-tech home features or paint your walls neon green, owning a home gives you the freedom to do just about anything you want. 2. You Make the Rules Unlike with a rental property, where a landlord can dictate what you can and can’t do while living there, living in your own home means you have the freedom to host parties, adopt a pet, plant a garden, you name it. As a homeowner, you are in total control! 3. You Can Take Advantage of Tax Breaks It’s true what they say: owning a home is an investment. But that doesn’t mean there aren’t ways that you can reap financial rewards up front. The IRS allows...

Sellers - Hidden Horrors of For Sale By Owner

Many Triangle home sellers have considered skipping the real estate agent to save on closing costs, but very few have actually succeeded in seeing those savings. There’s a good reason: the average homeowner doesn’t have the rigorous training and real estate knowledge that a licensed agent does. But just what makes For Sale By Owner (aka FSBO) such a bad idea? From incessant inconveniences to costly paperwork mistakes, here are a few of the horror stories that FSBO sellers inevitably encounter. The Daunting Task of Marketing Your Home It takes more than a “For Sale” sign in your front yard to  make buyers notice your home . According to the National Association of Realtors, 95% of buyers use the Internet in their home search. This means that online marketing — starting with listing your home on the local listings database, sharing your listing to dozens of social media platforms, and advertising your listing on numerous websites with a global audience — is essential to sell...

How much land do you need to build a house?

Record-low inventory of homes for sale is forcing some homebuyers to build their own homes, but they still need think about where they will build. Buzzfeed recently tested ordinary people on their real estate knowledge with some surprising results. Do you know how to calculate how much land you will need for that dream house and how much a parcel of land will cost? How many square feet are in an acre? Does your real estate knowledge stack up to the Buzzfeed challenge? Here are some real estate tips to better your score on  BuzzFeed’s Regular People Take a Real Estate Exam . DO THE MATH The National Association of Home Builders reports an average cost of $85,139 for a buildable lot. Now’s the time to bust out that handy calculator. The percentage or ratio of the size of the building to the land on which it resides is called the “ land-to-building ratio .” To arrive at the land to building ratio, divide the square footage of the land parcel by the square footage of the buildin...

10 Easy Spring Cleaning Ideas

The month of March brings spring, and with spring comes bright budding flowers, longer days, warmer weather, and spring cleaning. There is no better way to shake off the dreariness of winter than a freshly cleaned home ready to welcome the season. Here are 10 easy ways you can clean your home for spring. 1. Open the Windows There's nothing like the sun shining through your windows to usher in the feeling of spring. Throw back the curtains, part the blinds, and open up the windows to let the fresh spring air waft through your home. 2. Organize Your Closets If you are running out of closet space, you can put away many of your bulky winter clothes to leave room for your spring wardrobe. You can even take a few extra minutes to sort out any clothes you no longer wear to donate, giving you even more room for the upcoming season. 3. Use Detergent as an All-Purpose Cleaner A little bit of laundry detergent can go a long way. Warm water, laundry detergent, and items that you...

Buyers and Sellers Lose Thousands of Dollars to Email Scams!!

Email scams are as old as, well, email, but as the years go by, these scams have become more and more sophisticated. Recently, several home buyers have fallen victim to specially targeted email scams that attempt to rob them of their closing costs — sometimes up to hundreds of thousands of dollars. These types of scams are devastating both financially and emotionally, especially when your home is involved. But to help protect you from email scams targeting the real estate industry, we have outlined a few tips about what these scams are and how to avoid them. What Email Scams Are Common? Though the method through which hackers collect personal or financial information is always changing, there are a few basic types of scams that buyers and sellers should be aware of. Phishing This type of scam attempts to “fish” for sensitive personal or financial information (such as passwords or credit card numbers). Many emails used in recent phishing schemes look legitimate; they may use ...

Home Buying in 2019? 4 Resolutions to Help You.

If you’re on the hunt for a new home in the new year you don’t have to wait for the ball to drop – you can start acting on your new year resolutions  now  to prep for one of the biggest purchases of your life! AW Realty Group has put together some top tips if your goal for 2019 is to become a  homeowner . Pinch Those Pennies Saving for a down payment on a new home is one of the most important parts of the homebuying process. It’s important to plan out your savings now if your goal is to purchase a new home in the future. The  median sales price of a home  in the U.S. is now $235,000 – you may need at least 20 percent as a down payment or close to $50,000. Check Your Credit Make sure there are no surprises on your credit report. One of the first things your mortgage lender will do is check your credit to determine your debt-to-income ratio to determine how much of a mortgage loan you qualify for. According to  credit-rating company Equifax , a score of 6...

7 Tips to Relocating

Anytime you relocate to a new area, whether it's a city just a few miles away or across the country, you face a unique set of challenges. The housing market, the transit, and even the weather may not be what you're used to. Planning your move can be difficult, too, since you need to coordinate when, where, and how you'll be moving your belongings to a new area. Because moving to a completely new area means learning about a new housing market and a new community, we wanted to share a few helpful relocation tips to make it a much easier experience for you. 1. Research Housing Costs Home prices for similar properties can vary drastically from one city to another. Take some time to research the real estate market, and consider these questions when searching for your new home: How much are local property taxes? How large a home can you afford? Is it cheaper to rent or buy a home? 2. Check the Weather If you're moving far away from your current home to reloc...