5 Things NC First Time Homebuyers Should Know

5 Things NC First Time Homebuyers Should Know

First Time HomebuyersIn February of 2014 – the newest part of the Government’s program to help people buy a house is in place!  This is great news for folks interested in NC First Time Home Buyer Programs!

If you are ready to move out on your own, and Kiss Your Landlord Good-bye…  CONGRATULATIONS! 

We offer first time homebuyer programs from NC Housing Finance Agency.  The NCHFA program allows you to purchase a home with little or no money out of pocket, can offer you a Tax Credit (in the form of MCC) and might allow you to purchase a home with a credit score of less than 640! (they accept a 600 credit score!)! 

So, if you are a 1st time home owner (or you haven’t OWNED a home in 3 years) ask us about the NC First Time Home Buyer Programs we have available to you!

The NC Housing Financing Agency Program works with FHA, VA, USDA AND Conventional loans.  You might qualify for a 3% government GRANT that will help you buy a home!

Here are FIVE THINGS we think every First Time Home Buyer should consider before making that move:

    1. When you buy a House – you get a Raise!  Uncle Sam definitely sees benefits in having homeowners, so you get to “write off” the interest you pay each month on your taxes!  We advise First Time Home Buyers to see a tax professional, and consider changing your W-4 when you purchase!  This way, instead of the government giving you a $2400 refund… you get a $200 RAISE! (seriously, you can bring home more each month and not owe on April 15!)!
    2. You CAN get into a house with no money –  but it’s HARD.  We would suggest that you have at least $1500 if you want to buy a house.  Yes, you can get the seller to pay closing costs… and yes, you can use your VA benefits (if you have them) to buy with no money down, and / or you can use USDA no money down loans… but you’re going to want an Inspection of the home, you will have to pay for your Home Owners Insurance, your part of the taxes… you need a LITTLE money!  REMEMBER, with NC Housing Finance Agency, you might qualify for a $8,000 Grant!
    3. Go ahead and meet with a mortgage lender EARLY in the process!  Let them peek at your credit, look at your paystubs and give you an honest assessment about your decision to purchase!  You might think you have to wait 6 months – and we might be able to tell you NOW is the time!  Even if it IS six months – let us talk to you about the taxes, and insurance and the tax benefits!  Let us HELP YOU get your credit in order – it is what they do all day, and we don’t charge for that help! (Here are some questions to ask your lender!)
    4. Use a Real Estate Agent (period).  You will NOT get a better deal without one.  Do NOT go to a new home Community and think that the sales person there is going to help you get the best deal… get a Real Estate Agent that is working for YOU.  That does NOT mean that you have to pay for them – you don’t… but they work on YOUR behalf! (We know some GREAT ONES!)
    5. Don’t believe everything you read on the News!  Yes, the real estate market has tumbled… IN CALIFORNIA!  We live in North Carolina!  Housing sales have slowed, and there are SOME foreclosed homes available… but for the most part, this is one of the best markets in the WORLD – and it will continue to be a great investment because we have over 20 Colleges and Universities in the area, State Government (the Capitol) and MAJOR World Class Hospitals!  These are jobs that keep on tickin’… when the Economy comes back… we have the RTP, Distribution Centers, and Tech jobs everywhere!

So Relax!  You can do this!  We also offer NC Housing Finance Agency First Time Home Buyer Programs you might want to get more information on!

If you are considering a home purchase in Raleigh, Cary, Apex (or anywhere in the Triangle Area) we encourage you to work with a professional home buying team! We know what Insurance agents are going to really listen to you, and help create a policy that covers you from disasters – and one that works within your budget.  Your home is an Investment, and as such, you will want to Insure it properly!  Call Raleigh Cary Realty, our agents will answer all of your Homebuying Questions!

Five Fun (& Cheap) Things to do in Raleigh NC!

Five Fun (& Cheap) Things to do in Raleigh NC!

things to do in raleigh nc, things to do in cary ncIf you live in Raleigh or Cary NC, there is always something to do! Here is a list of five free or cheap things to do this summer!

1. Midtown Beach Music Series: The Beach Music Series at North Hills in Raleigh NC has become a favorite Thursday night activity for people from around the state! Every Thursday night of the summer, North Hills has a concert by different beach bands from 6-9pm. The event is free to attend.

2. Movies by Moonlight: For just $3 (kids under 12 are free), you can bring a blanket or chair as the spacious lawn at Booth Amphitheatre is transformed in to an outdoor movie theatre. A portion of the Movies By Moonlight proceeds will benefit the WakeMed Children’s Hospital. Movie starts at dusk and the gates open at 7pm. You can also bring a picnic into the theatre! Movies are shown many Friday and Saturday nights during the summer.

3. Wind Down Wednesdays: Waverly Place in Cary NC hosts a beach music festival every Wednesday night from 6-9pm. This event is free to attend. They also have many food and beverage stations available at the event! Coolers are not allowed, though. Bring your family (including the dogs!) to enjoy this mid-week festival.

4. Summer Movies at NC Museum of Art: The North Carolina Museum of Art plays movies outside during many weekends of the summer! Admission is free with Museum membership, and parking is free for everyone! Many people take picnics and enjoy dinner before the show. The gates open 90 minutes before the screenings, and concessions (including beer and wine) are frequently sold during the shows.

5. First Friday Gallery Walk: First Friday is a self-guided tour of downtown Raleigh’s hotspots. Art galleries, art studios, and museums stay open late to participate every first Friday in the month. Many bars and restaurants downtown often have food and drink specials for the night as well. The event runs from 6-9pm.

 

If you have any questions about things to do in Raleigh or Cary NC, please contact us!

Fourth Of July Activities in Raleigh NC Area

Fourth Of July Activities in Raleigh NC Area

July 4th Raleigh NCThere are so many things going on in the Raleigh/Cary area on July 4th! How do you know where to go! This is a list of some of the activities going on!

APEX – Olde Fashioned Fourth of July in Downtown Apex 7:00am – 2:00pm – Downtown streets are closed.  Thursday July 4. Games, inflatables, bicycle parade (no fireworks).

CARY – Koka Booth Ampitheatre – 3:00 pm – 11:00 pm on July 4  – music and fireworks.  Koka Kids Club fun: Scavenger Hunt, Happy Dan the Magic Man, Face Painters and more from 3 to 7 PM.  The Ferris Wheel overlooking Symphony Lake.

GARNER – July 3 (not July 4). Lake Benson Park – NC Symphony will perform. Gates open at 5pm with children’s inflatables from 5 to 8 PM.  Fireworks show following the North Carolina Symphony performance.

RALEIGH – The “Works!: July 4th, 2013 from Noon to 11 PM on Fayetteville Street and the Red Hat Ampitheatre in Downtown Raleigh, NC.  – Events all day long and 2 Fireworks Shows in the Evening!

Independence Day Celebration during the day with live music, Beer/Wine tent, kids rides and games, Circus Maximus, street performers, eating contests, food and art vendors, Picnic on Fayetteville Street and much more! Fireworks will light up the sky over The Duke Energy Center for the Performing Arts starting at around 9:15pm.

  • Fireworks at 9:15 pm:  The earlier Fayetteville Street show will be for everyone’s enjoyment.. The Fayetteville Street fireworks will be launched from the surface parking lot bounded by South, Wilmington, Lenoir and Salisbury streets directly across from the Duke Energy Center for the Performing Arts
  • Fireworks at 10:15 pm:  The 10:15 p.m. fireworks will be best viewed west of Fayetteville Street, in the Red Hat Amphitheater vicinity. Music begins at 6 PM.

If you are looking for somewhere to enjoy the fireworks in Downtown Raleigh, Boylan Street Pub is great location (if you get there early). It is a smaller place, and it fills up quickly!

 

We hope everyone has a great holiday and stays safe!