Kitchen Cabinet Refacing

35 Tips for a quick sale #9

The most sure-fire way to give your kitchen an updated look is to update your cabinets. With little investment (around $100), you can refinish or repaint your cabinets, seal them, and add new hardware. Refacing your kitchen cabinets can make even the most outdated kitchen look brand new! Visit your local hardware store and check out the cabinet department for some ideas.

Raleigh, NC Market Trends

For those of you who fear that the Real Estate Market may be slipping, check out these statistics. The Real Estate Market is alive and well in North Carolina!

Home Sales June ’06 vs. June ’07:

North Raleigh +11%
Wake Forest +18%
East Raleigh +13%
Fuquay Varina/Holly Springs +19%
Garner +13%
Inside the Beltline +30%!!!!!!!!

Top 10 Subdivisions by Appreciation/# of Re-sales

1 Boyland Heights 14% / Hedingham 324
2 Brier Creek 12% / Wakefield 212
3 Budleigh 12% / Kildaire Farms 191
4 North Hills 11% / Stonehenge 155
5 Mordecai Place 10% / Brier Creek 140
6 Historic Oakwood 10% / North Ridge 136
7 Sunset Hills-Ral 10% / Preston 132
8 Quail Hollow 10% / Sunset Ridge 130
9 Drewry Hills 10% / Breckenridge 112
10Crescent Ridge 9% / Falls River 108

If you have questions or would like to know where your neighborhood falls on the list just contact me!

First Time Home Buyers

Don’t let purchasing a home intimidate you. If you have ever thought about leaving the world of rent, but aren’t sure how you will afford it, let the bank decide that. Contact a mortgage broker in your town. (I highly suggest that you NOT choose a national mortgage chain like that of e-loan, Lending Tree, or Countrywide.) A short telephone interview will reveal your spending potential. Time after time I meet buyers who are completely shocked by how much they can actually afford!

There are hundreds and hundreds of mortgage products out there today. From First Time Home Buyer loans, to Interest Only loans, to Government Sponsored loans, to Conventional loans. The right mortgage broker will be able to provide you with the best product for you!

If I could give only one piece of advice it would be to shop around. Ask the mortgage broker for a “Good Faith Estimate.” This will give you an idea of how much you can afford to purchase and how much closing costs will be. After you have contacted a minimum of three brokers, compare these GFE‘s and choose the one that appeals to you the most. Interest rates are not set in stone. More times than not they will be negotiable.

I know some great mortgage brokers! Let me know if you are interested and I can get you their contact information.