In Front Porch Realty’s 25 year history, there has never been a better time to sell your home than in today’s market! We have a low inventory of homes across all price points and an influx of buyers from all over the country. Super hot LOW interest rates are adding to our buyer pool as first time buyers strive to leave their high-priced rentals and apartments. Multiple offers within days, and even hours, way above list prices are fast becoming the “norm” at FRONT PORCH REALTY.
According to our latest Triangle MLS stats, our local inventory is down a whopping 80% from 2020 and our Days on Market is down 68%! Not only is Front Porch Realty selling our listings extremely quickly, we are also accepting offers way over list price with the buyers signing appraisal addendums willing to pay their offer prices regardless of what their lender’s appraised value comes in. Below is a snapshot of February’s 2021 Fuquay-Varina and Holly Springs MLS activity, courtesy of our local Triangle MLS.
Thinking about selling this year but not quite ready? Our “COMING SOON” option may be the perfect solution for you! Potential Buyers are able to get a “sneak peak” of your home before you are ACTIVE on the market ensuring a very quick sale with mimimum showing exposure of your home.
Find out what your home is worth HERE, no obligation, just info, we are LOCAL experts and are here to help!
Imagine moving to a new state and picking out your new home site unseen! That is exactly what some of our buyer clients are doing these days, but we recently had a special surprise Holiday love story we just had to share!
We got a call one day from a young man moving to the Triangle area from Massachusetts. He had found a 5 bedroom home online that he and his fiance were very interested in and wanted to know if we could “show” it to him while he was still out of state as he did not have any immediate plans to come to the area. Of course we were excited to be able to help him and as we were headed Holly Springs way he said ” you may as well face-time my fiance, she can pick out our home better than I can!”. So, long story short, we face-timed with Ms. Fiance and we got their dream home under contract for them and were on our way to closing.
When Mr. Massachusetts arrived the day before closing, we were a little nervous about meeting him at the house knowing he was closing on it the very next day but had not seen it in person yet! However, all went well at our walk through and we learned the cutest love story we have ever heard…
Ms. Fiance was not in Massachusetts with Mr. Fiance at all, she was in Arizona and would not be arriving in Holly Springs for another week! Mr. Fiance told us that they had been middle school sweethearts years ago but were broken up when they were caught kissing by Ms. Fiance’s mother! They remained friends all through school and college never to date again and would occasionally reach out to each other over the years however one of them was always in a committed relationship so they never had a chance to rekindle their young love.
One day deep into Covid-19 quarantine, Mr. Fiance had just been through a break up and vowed to stay away from relationships for at least a year. However, Covid social distancing gave him lots of time to think so he decided he would reach out to his long lost love. It was unbelievable, she was not in a relationship either and had also vowed to be on her own for awhile. They talked, and face-timed, and talked and face-timed some more and within 8 months learned they wanted to spend the rest of their lives together! They decided on Holly Springs NC and saw each other for the FIRST TIME in 17 years 1 week after they purchased their new home!
This is Jessica and Jereme reunited for the first time at their home in Holly Springs!
If you are thinking of a move to the Triangle area let us help you find your dream home too! Contact us HERE.
Merry Christmans and Happy New Year!
We all see lots of NEW HOME communities popping up all over Fuquay-Varina and Holly Springs so we wanted to take a few minutes to explain what it means to have a BUYER’S AGENT representing YOU when buying a new home. The good news is; it is absolutely FREE! Yes, you read correctly, having Buyer’s Agency representation in North Carolina means you have an agent on your side looking out for YOUR best interests and it doesn’t cost you a thing! Read all about NC Agent representation HERE. Everyone loves to look at new homes and the “on-site” agents are there to welcome you in and tell you all about what the neighborhood and builder has to offer. Just remember, the on-site agent is looking out for the BUILDER’s best interest, not YOURS.
The builder group is most likely going to require a non-refundable builder deposit, especially if you are starting the process from the ground up because the builder will be building a home specific to what YOU pick out. This deposit will be a credit towards the purchase price at closing, however if you don’t close on the home you will risk losing your deposit. The builder is also going to base your new home costs on expected pricing of the time of your construction, which most likely will be higher than was used for the existing inventory in the neighborhood. Don’t be surprised if your “custom pre-sale home” ends up costing much more than the inventory “spec” homes that are already in the neighborhood for sale.
The professional real estate brokers of Front Porch Realty are experts at knowing how to negotiate for YOU at a new construction neighborhood for an existing spec home or a pre-sale home. We can help you navigate through the builder contracts and negotiation process as well as the inspection process along the way to a smooth closing.
We also have many local trusted lenders that offer “Construction to Permanent loans” which takes some risk off the builder and may help you save money with your new home financing. In this situation the Buyer applies for the construction loan at the beginning of the build process and at a time of completion of the home the lender converts the construction loan to a mortgage.
Our area is booming with new construction! If you were thinking of buying a new construction home for the new year we are happy to help. We have worked with many local, regional, and national builders and have started Pre-Sales for our new custom homes in Fuquay-Varina for Purfoy Place. Pick out your perfect lot and build your dream home TODAY!
Come home to 2006 Prairie Ridge Court, Fuquay-Varina, NC | Crooked Creek
Get more privacy with this corner lot, magnificent two-story home. This is a wonderful community neighborhood. Homes in Crooked Creek are going fast, so don’t miss your chance!
When you walk in you’ll find an office space to your left and to your right another living space that may be used as a formal dining area. It’s a spacious home with room enough to accommodate those schooling or working from home.
Enjoy the spacious, open concept of the main living space, while appreciating the privacy of the study and designated dining room.
If you do happen to get tired of being indoors. Enjoy some fresh air as the backyard becomes an outdoor oasis! The home boasts a charming, screened in porch and patio that’s to die for. Can’t you just imagine yourself on the patio sitting by the firepit sipping a warm cup of cocoa?
In addition to being part of the Crooked Creek community, your family will enjoy the community pool and tennis courts! There is also a new town owned park only 5 mins away, Hilltop Needmore Town Park & Preserve. You’ll always have something to do within the area.
Another way to add to the home town feel is to enjoy one of our fantastic local restaurants, so we recommend trying out Zeera Indian Restaurant when you head towards Broad Street in Fuquay Varina. They have a variety of delicious Indian cuisines and you won’t be disappointed!
Offered at $395,000.
Front Porch Realty was recently invited to a special webinar presentation by Fannie Mae’s Chief Economist, Douglas D. Duncan. Of particular interest to us was Covid-19’s expected impact on our US and of course our local, housing industry.
To our surprise, and great appreciation, we have not seen a disruption of our sales at all from Covid-19 but we can’t help suspect that this huge un-expected disruption of our labor market will eventually trickle down to our housing sales industry and into our local sales activity. There is no doubt there has been in a surge in re-finances in 2020 as more and more homeowner’s have decided to stay in their current homes. Homeowners have had plenty of “home-time” to get all kinds of indoor and outdoor home-improvement projects done. Even if they might have been pondering selling this year, there is fear of where they will go as inventory in all price-points is low. This has added to the cycle of low inventory especially for those baby boomers entering into the home ownership market for the first time.
Good news, according to the Fannie Mae market experts, we should be back to the end of 2019 numbers by the end of 2021, of course we will have lost 2 years of usual growth. Unlike other “recessions”, Covid has hit very specifically. The service and entertainment industries were and continue to be hit hard but other industries have hardly been affected or even actually improved sales. Interest rates are expected to drop even lower in 2021 and most likely stay low for about 5 years. Housing demand will remain way ahead of supply for awhile, prices will continue to go up due to demand and rising building costs.
We want to send a big THANK YOU to one of our trusted local lenders, Shellie King of First Citizens Bank, for this special informative invitation. FRONT PORCH REALTY agents are always ready to help you make a decision about selling and buying a home, we are great listeners and advisers and we will always have your best interests in mind. We can sell all over the Triangle, NC region as well as the greater Wilmington, NC region however we SPECIALIZE in Fuquay-Varina, Holly Springs, Willow Springs, Angier and Lillington.
We can’t wait to help you get started today! Contact us HERE
6636 Whitted Road | Fuquay-Varina
This adorable ranch home is situated on 1.5 acres of land and has an attached basement. There are 3 Bedrooms and 2 1/2 Baths with an open floor plan, easy access from the living room to the kitchen/dining area. It gives the house a more spacious feel, great place for entertaining guests.
Towards the back you will find the gorgeous screened porch that is fairly large. It is definitely the biggest highlight of the home. Perfect for relaxing and hanging out with friends or family. You can sit back and enjoy the view of the whole yard. The backyard has a great amount of space, children would surely enjoy being outdoors and if they are interested in checking out a park you will find three that are close by. Only under half a mile away is Falcon Park, Action Park, and Library Park.
The home sits on a large wooded lot that backs up to the Bentwind’s Golf & Country Club, only a two minute drive from the home.
Offered at $299,000.
3552 Bainford Drive | Marcom Place | Fuquay-Varina
Ranch style homes have become more in-demand lately and it is not easy to find one with a good amount of yard space. This Marcom Place home has a spacious floor plan with a great yard to enjoy. The neighborhood is wonderful and sits right in Fuquay-Varina. It has an updated custom-kitchen with a wooded floor and granite counter tops. The appliances throughout the kitchen were recently upgraded making the home feel more like-new!
Towards the back of the home you will find yourself a spacious sun-room! A place for entertaining guests or simply relax enjoy some bird watching. It’s the most refreshing part of the home.
The home is merely right across from the Bentwinds Golf & Country Club. If you or a loved one enjoy a round of golf we recommend this home for you!
It’s not far from retail shopping areas and is about 12 minutes away from Downtown Fuquay-Varina. Then you will find local parks like Hilltop Needmore Town Park & Preserve, a great place for exploring; wooden paths, various plant species and natural bridges.
Offered at $340,000.
Dreaming of that vacation home on the NC coast? You don’t have to wait any longer, Front Porch Realty is now a member of the Wilmington greater area MLS! We have been helping our clients for years at the coast so we have finally decided to make it official. From Topsail Island through Wrightsville, Carolina, and Kure beaches down to Oak Island and beyond, we have you covered. We are ready to help make your coastal lifestyle a reality.
Wilmington is an incredible area to call home or own a timeless investment. Ever think about owning an airbnb? Have a student attending UNCW? There is always a traffic flow of visitors, tourists and locals.
The area has so much to offer and we’re not just talking about the beach. Take the time to check out their Historic Downtown area where you’ll get to taste fresh local seafood and regional specialties at locally owned restaurants and pubs. Go out on the town with family and friends, you will have the time of your life.
Then when you’re looking for more mellow activities to do, there are historic tours and cruises you can go on. You may come to find one that will take you across the river and aboard the Battleship North Carolina! Every second will be a new adventure.
Check out this amazing view of Wrightsville Beach!
Just adore the area? We can help you in the coastal areas as well as inland in the communities and beaches surrounding Wilmington and beyond.
Contact us today and we will get you started!
Fuquay-Varina is BOOMING with New Construction homes all over town. From spec designs ready for move-in to custom builds with options to add your own personal touch. Purchasing a new home has many perks and there is certainly no shortage of new homes in the Fuquay-Varina area!
Most importantly, you as a Buyer can have absolutely FREE representation for your new home community purchase. The on-site agents are working for the builders and cannot represent your best interests. Front Porch Realty Brokers are seasoned Buyer Agents that can help you every step of the way and look out for YOU! Be sure and let us know if you are interested in purchasing a new home and we will get you started!
Whether you are looking to be close to shopping for convenience or maybe being close to your child’s school is important to you, maybe you want a large yard or no yard at all, new neighborhoods are popping up all over so rest assured we can find you what you are looking for. Fuquay-Varina neighborhoods have walking trails, swimming pools, clubhouses, community gardens and so much more.
Here are a few of the many New Construction Communities in Fuquay-Varina:
CLICK HERE to check out the new homes available in Sunset Bluffs TODAY
CLICK HERE to check out the new homes available in Stonecreek TODAY
CLICK HERE to check out the new homes available in North Lakes TODAY
CLICK HERE to check out what’s available in Lake View TODAY
CLICK HERE to check out new homes available in Partin Place TODAY
CLICK HERE to check out homes available in Theys Mill TODAY
Front Porch Realty is here to help, Contact us for a free, no obligation consultation today!
We thought we would take a few minutes to explain the due diligence process and why a buyer in North Carolina has to write two checks when they make an offer on a property. If you would rather “watch” this explanation than read it, just skip down to the videos below.
Once you and your agent find the property that you are ready to write an offer on your agent is going to ask you to write TWO checks; one to the seller and one to the closing attorney or escrow agent. The first is a due diligence (DD) check and is typically 1/2 % – 1 % of the sales price. This check is written straight to the SELLER and it is exactly what it sounds like; funds to the seller so that you can complete your “due diligence”. During this due diligence period we will help you arrange any inspections you want to have done; including but not limited to a home inspection, a radon inspection, well and septic inspections, lender appraisals, surveys, etc. Per the contract, you are able to terminate your Offer To Purchase ANY time during your due diligence period for ANY reason. Contracts are no longer contingent on home inspections, your loan, or even another house closing. If you as a buyer choose to exercise your right to terminate you dont even have to give a reason, it may even be because you found another house you like better. However, your due diligence funds will not be returned as they were given to the seller at the time of contract to “buy time off of the market”. The seller has lost valuable time off of the market while you were doing your due diligence for their home. However, if you do indeed go to closing on the home, this DD amount is a credit to you at closing.
The second check you will need to write, either at the time of your offer, or if negotiated may be at the end of your due diligence date, is an earnest money deposit (EMD). The EMD says to a seller that you are “earnest” about purchasing their property. This EMD is also typically 1/2 % – 1 % of the sales price, but can be negotiated just like the DD amount. The EMD check is not written to the seller but to the listing company’s trust account, or more commonly to the trust account of the closing attorney that is spelled out on the purchase contract. It is held in escrow until the property either goes to closing or the contract is terminated. If the buyer chooses to terminate the contract in their DD period, per the contract the EMD will go back to the buyer. However, if the buyer ends up terminating the contract AFTER their DD period is over, per the contract, the seller will receive the EMD. This is considered damages to the seller for the buyer breaching the contract, however it does not negate the possibility for any other legal remedy the seller may take for such breach. We like to call the DD date of the contract the “pack up” date for the seller, as they can be assured the buyer has completed their due diligence process and is heading to closing. In addition, just like the DD funds, this EMD is a credit to you at the closing table.
We hope this helps explain why Buyers have to write these checks when they are ready to make an offer on a home. We know this can be a scary and stressful time however Front Porch agents are poised to help you make your home purchase exciting and fun and will help minimize your stress. Having a Front Porch Realty Buyer’s Agent is always absolutely FREE, learn more about Agency relationships in North Carolina HERE.
Contact us today to get started with your home search!