FRONT PORCH REALTY agent, Donya Clark and FRONT PORCH REALTY Owner and Broker-in-charge, Laura Moody, recently had a discussion about appraisal addendums and how they’ve become quite important when putting in an offer. The market is tough for our buyers right now and FRONT PORCH REALTY agents understand the challenges of putting in a winning offer!
Multiple offers are being submitted for homes these days, often at sales prices much higher than what we believe the homes will appraise for. The buyer’s lender will NOT loan more money than the value of the home is worth and this is determined by a licensed real estate appraiser. To assure the sellers that you will not use a low appraisal to try and re-negotiate your terms, an APPRAISAL ADDENDUM can be added to the Offer To Purchase. This attorney written addendum lets the homeowner know the buyer is willing to pay their offer price regardless of what the home appraises for. In other words, the buyer has the cash difference available to bring to closing if the appraised value ends up coming in less than their offered price.
Watch Donya and Laura’s video chat HERE.
All of our FRONT PORCH REALTY agents strive to make buying a home a positive and professional experience for you. With interest rates at all time lows, its a great time to purchase a home, just make sure you have an agent on your side, Buyer’s Agency representation will not cost you a thing at FRONT PORCH REALTY!
Begin your home search now by calling or messaging our Agent on Duty today!
919-577-0175 or send us an email HERE.
We are all excited to see our local economy up and running again, however our housing market is still facing many challenges!
The new market update shows us just how low our inventory of homes is; less than a 1- or zero-months’ supply across all price points. We included “Coming Soon” listings in our “Active” supply numbers, “Coming Soon” status means the home cannot be shown to any buyers yet, the owners are getting them ready for the market. Our local buyers are so desperate for a home they are buying them sight unseen, across all price points! As of this writing, we ONLY have 119 homes for sale currently in Holly Springs and Fuquay-Varina according to our local TMLS, and that includes any advertised new construction that may not even be built yet.
View our Q2 Market Update HERE.
Front Porch Realty has added 3 brokers to our office this year, including one at the North Carolina coast. We now have 12 professional real estate brokers to help you, your relatives, co-workers, employees, and neighbors. Please consider Front Porch Realty YOUR LOCAL go to real estate company. Don’t forget to LIKE US on Facebook and Instagram if you haven’t already! Let us know if you are thinking of selling your home, it is a fantastic time to maximize that equity!
We are halfway through the year and Independence Day is already here! 2021 has been a wild ride and we are happy to see Fuquay-Varina and Holly Springs consistently growing with new developments and more people moving to town. With businesses opening up more, it’s great feeling like things are coming back to normal! If you’re in the area we have quite the list of events for you this year!
Fuquay-Varina Independence Day
We have all been waiting for this! Awesome music, amazing local food vendors and the outstanding fireworks! The Town of Fuquay-Varina is going all out this year to celebrate and we are so excited.
Saturday, July 3rd from 6pm to 10pm
South Park
900 S Main St, Fuquay-Varina NC 27526
Stars, Stripes, and Sunflowers
It’s sunflower season and they are kicking things off with one heck of a concert! Bring your own chairs or blanket to enjoy the music. You will have 5 acre’s of sunflowers to walk through and take photos. It’ll be one BIG party with local breweries coming in and serving their best drinks for the summer!
Friday, July 2nd from 6pm to 11pm
CATHIS Farm Events
544 Falcon Rd, Lillington NC 27546
Holly Springs Independence Day
Continue the celebration out in Holly Springs! Nothing can beat the 20 various food trucks they’ll be having or the live music that will be going on. Bring family and friends to see the best firework show to come!
Monday, July 5th at 6pm
Sugg Farm at Bass Lake Park
Grigsby Ave, Holly Springs, NC 27540
Join the pre-celebration party at Oaklyn Springs Brewery! There will be drinks and you’ll be able to get a bite of some authentic Chicago style hotdogs with some veggie styled options. This will be a great stop if you’re feeling really hungry!
Saturday, July 3rd from 2:30pm to 5:30pm
Oaklyn Springs Brewery
2912 N Main St. Suite 100, Fuquay-Varina 27526
We hope you all have an amazing 4th of July weekend!!!
Did you run out of ideas for Father’s Day? Don’t worry Front Porch Realty has your back! We have two great events going on in the Fuquay-Varina area. You have to love these local small businesses coming up with new things to-do.
This Sunday at the Oaklyn Spring Brewery in Fuquay there will be local artists, live music, slow roasted meats from Wandering Moose food truck & some of the best beer in the Triangle will make for a unique way to hang with the Dad’s in your life. This event is fur baby friendly so bring the whole family to enjoy the day and celebrate dads!
Date: Sunday, June 20th
Address: 2912 N Main St. Suite 100, Fuquay-Varina NC 27526
Time: 1 pm – 5 pm
The Mason Jar Lager company is hosting their very own Dad Party! All are invited: dad’s, soon to be dad’s, and those celebrating dad’s! LITE is returning this summer and having a special father’s day release. Jeffrey Amendola of Amendola Family Cigars will be here rolling and selling his cigars. And La Republica will be serving their delicious food all afternoon!
Date: Sunday, June 20th
Address: 341 E Broad St. Suite 1051, Fuquay-Varina NC 27526
Time: 12 pm – 5 pm
Home Sweet Home at 218 Ballentine Street | Fuquay-Varina, NC
This vibrant cottage home has everything you need from an open floor plan to a gorgeous backyard! It has been newly-fenced and recently remodeled making the home feel like new. There’s a great amount of space between the living area and kitchen. No bumping into anyone as you walk around. Once you make it to the deck out back you won’t be able to resist how amazing the greenery is all around the home!
The current owners love the“landscaping and outdoor space, all the natural lighting that comes through inside the house and huge yard for entertaining guests!”
There is plenty of room to gather and relax on the sprawling deck. Downtown Fuquay-Varina is just a short walk for some dinner and shopping. When you’re home you will feel a great amount of privacy but due to the location you get to be close to town which it makes it so easy for running errands.
The home sold in 48 hours and is now UNDER CONTRACT but if you are in search of a home similar to this one contact us HERE. One of our real estate professionals can get you started on the process as soon as you’re ready!