Two Negotiations

There are two negotiation periods in some home sales. The primary negotiation takes place when the contract is agreed upon that includes the price, closing and possession. Buyers and sellers alike feel relieved once this first round has resulted in an agreement but there may be more negotiations to come if there are contingencies for financing, inspections or other things.Round 1-250.png

The purpose of an inspection is for the buyer to receive an objective evaluation about the condition of the home and its components to identify existing defects and potential problems. The expense for inspections can be several hundred dollars and it’s reasonable for buyers to not want to spend the money before they find out if they can come to terms with the seller. From a different perspective, sellers want to know quickly if the buyer is going to reject the home due to the inspections.

Sometimes, buyers will expect sellers to make all of the repairs listed on the report and this is where the second round of negotiations begins. If the seller refuses, the negotiations can go back and forth until the other party accepts the offer on the table or the contract falls apart.

When purchasing a new home from a builder, it is expected for everything to be in working order; after all, it is new. However, it is reasonable to expect that existing homes, that are not new, have a different standard. While it’s understandable that buyers would want to be aware about major items that are not in “working order”, normal wear and tear of components based on its age should be expected.

In a highly competitive seller’s market, buyers might do whatever they can to get their contract accepted, realizing that there is another place to negotiate when they’re not competing with other buyers’ offers to purchase.

For this to be a WIN-WIN negotiation, both seller and buyer must feel good about the transaction. Neither party should feel that they have been taken advantage of.

Moving On From A Memory-Filled Home

Saying Goodbye to Your Home

You’ve found a new house, a new place to call home. This is sure to be a very exciting time for you and your family—the opportunity to gain more space, join a new community, or advance your career. And, while the future looks bright for this new abode, it is quite common for a slight hesitation to creep in as you realize this new adventure means you will be saying goodbye to a place you’ve grown to love.

The house you live in now may hold some of the most important memories of your life. It may be the home your parents previously owned, the place you raised your children, a safe haven amid the ebb and flow of life. For those reasons and more, you will want to give your former home a proper goodbye before moving on to the next.

Our Coldwell Banker Howard Perry and Walston Relocation and Corporate Real Estate Services team shares some good ideas for how you can to say goodbye to a home that has meant a lot to you.

Leave a time capsule
Make a time capsule for the new homeowners to discover. Get your children to draw pictures of their rooms. Add a note about your family and the time you spent in the home and neighborhood. Include a photo of the house when you first purchased it.

Picture it
Schedule a mini photo shoot before you move. Take a family photo in front of your home and in a room that holds the most memories for all of you. Ask the photographer to snap a picture of your house that you can turn into a painting if you choose.

Be a tourist
After you pack away your belongings and load furniture on the moving truck, go sightseeing in your empty home. Walk through each room with your family and share memories. It will be fun to discuss the special moments each room holds.

Plan a party
Your neighbors are probably a big part of the love you have for your current home. Host your own going away party to thank your next-door and just-down-the-street friends for being a part of your life. Let them know you will always cherish the special times you shared.

Pick some plants
Dig up some springtime bulbs or volunteer plants from your established flower beds to plant at your new house. When the replanted flowers bloom, you’ll be reminded of the yard you left behind.

Send a letter
Write a letter to the family who purchased your home. Tell them how special the home was to you and your family. Give them some inside tips for the best places to eat, shop, and play. Offer up well wishes and good hopes for what the house will soon mean to them.

It doesn’t matter if this is your very first move or your second relocation this year, leaving your home for another can be bittersweet. You may be letting go of a very special, memory-filled space, but you can be assured your new home will soon mean just as much to you and your family.

Photo Credit: CBHPW/Robyn Morrison

Lazy Daze Arts & Crafts Festival | August 27 – 28

Lazy Daze Festival Schedule

The 40th annual Lazy Daze Arts & Crafts Festival will take place this weekend in downtown Cary. Previously only hosted on one day each year, the street festival has been expanded to two for even more family fun!

Festival-goers will enjoy strolling through more than 300 arts and crafts vendors and taking part in numerous activities including interactive public art experiences and artist guild demonstrations. A Kids World area with magicians, jugglers, and make-and-take crafts will attract the little ones.

There will be tasty treats and beverages of all types served up by local vendors and well-known Triangle food trucks. Event attendees will also be able to score seats for live performances by local and regional bands and instrumental groups on five different event stages.

Lazy Daze Arts & Crafts Festival event details:
Where:
Town of Cary – Town Hall Campus
316 N. Academy Street
Downtown Cary 

When:
Saturday, August 27 from 9 a.m. to 6 p.m.
Sunday, August 28 from 12:30 to 5 p.m.

Cost:
FREE 

Parking:
Event organizers expect more than 50,000 attendees; so do make plans to utilize the festival’s free shuttles to avoid traffic. Further details about where you can park and ride can be found here.

Access the 40th Annual Lazy Daze Arts & Crafts Festival program here.

Lazy Daze Festival Map

 

HPW Open Houses | August 20 – 21

What type of home are you seeking? A traditional colonial with brick? A craftsman-style home in a new neighborhood? A ranch layout in the suburbs? No matter what you want in your next home, our Triangle cities and towns have plenty of options to choose from.

Spend this summer weekend touring area open houses to figure out what will and won’t work for you and your family. Our listings agents will be on hand to answer your questions and guide you in the right direction.

Check out some of our Coldwell Banker Howard Perry and Walston open houses below and then visit our website to search for all of the homes for sale in the area.

Raleigh

2916 Casona Way, Raleigh, NC 27616
$170,000
Sq Ft: 1,536 | Beds: 3 | Baths: 2 (full) 1 (1/2)

Open House: Saturday, August 20 from 11 a.m. to 1 p.m.

2916 Casona Way, Raleigh, NC 27616

 

 

 

 

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Apex 

412 Second Street, Apex, NC 27502
$215,000
Sq Ft: 1,520 | Beds: 3 | Baths: 1 (full) 1 (1/2)

Open House: Saturday, August 20 from noon to 2 p.m.

412 Second Street, Apex, NC 27502

 

 

 

 

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Wake Forest

1101 Hidden Jewel Lane, Wake Forest, NC 27587
$525,000
Sq Ft: 3,500 | Beds: 4 | Baths: 4 (full) 1 (1/2)

Open House: Saturday, August 20 from 1 to 3 p.m.

1101 Hidden Jewel Lane, Wake Forest, NC 27587

 

 

 

 

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Wake Forest

1041 Woodland Grove Way, Wake Forest, NC 27587
$465,176
Sq Ft: 3,431 | Beds: 5 | Baths: 4 (full)

Open House: Saturday, August 20 and Sunday, August 21 from 1 to 5 p.m.

1041 Woodland Grove Way, Wake Forest, NC 27587

 

 

 

 

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Fuquay-Varina

2168 Mills Crest Street, Fuquay-Varina, NC 27526
$317,500
Sq Ft: 2,300 | Beds: 3 | Baths: 2 (full)

Open House: Saturday, August 20 and Sunday, August 21 from 2 to 5 p.m.

2168 Mills Crest Street, Fuquay-Varina, NC 27526

 

 

 

 

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Rolesville  

716 Turleygreen Court, Rolesville, NC 27571
$270,000
Sq Ft: 2,050 | Beds: 4 | Baths: 2 (full) 1 (1/2)

Open House: Saturday, August 20 and Sunday, August 21 from 2 to 5 p.m.

716 Turleygreen Court, Rolesville, NC 27571

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Apex Real Estate Market Update

Seeking up-to-date real estate information about Apex? We’ve got the scoop on the residential real estate activity in the Triangle town that offers “The Peak of Good Living.”

Check out the brief market update video below to learn more about listing trends, home sales prices, and units sold in July.

Interested in a different Triangle destination? Raleigh? Durham? Carrboro? You can also watch residential real estate market update videos for other area cities and towns here.

Remember, it’s always a good idea to know before you go. Do your due diligence before you buy or sell for the very best real estate experience.